UPCOMING ACTIONS
HOMESTEADERS/
HOME DEFENDERS CAMPAIGN
"Some things are worth fighting for, and I think your family
and your home are two of those things."
-Baltimore ACORN Foreclosure Fighters Co-Chair Louis Beverly
The foreclosure crisis lies at the very heart of the broader economic collapse. The glut of foreclosed properties on the market forced housing prices into a tailspin, and banks loaded up with mortgage-backed securities and complex derivatives, unable to value or sell these assets, stopped lending to each other and the credit markets froze up, triggering the broader economic morass. A broad and successful economic recovery is impossible without directly addressing the record foreclosure rate that lies at its heart.
If we do not take any action, Credit Suisse predicts that there will be between 8 and 9 million foreclosures in the next four years, at a potential cost to the economy of $702 billion.
SFPJ has vowed to support the Homesteading/Home Defending effort as part of ACORN's comprehensive foreclosure campaign.
Home Defenders, The Foreclosure Crisis,
And the End of American Exceptionalism
By: GRITtv, Tuesday February 24, 2009
If you are interested in getting involved email:
Peace_and_Justice at me dot com
or attend one of our weekly meetings.
In conjunction with the homesteaders/home defenders campaign, SFPJ has vowed to support the Orchard Grove community of Boulder. To learn more about Orchard Grove, click next.
SFPJ : Students for Peace and Justice, Boulder, Colorado
