50,000 EMAIL MESSAGES SENT TO THE HOUSE AND SENATE BANKING AND
FINANCE
COMMITTEE- SAYING - DON'T MEET WITH THE MORTGAGE BANKERS
ASSOCIATION
In response to an online petition campaign at
StopForeclosuresandEvictions.org,
over 50,000 email messages have been sent to the members of the House and
Senate Banking and Finance Committees demanding a
moratorium on bank foreclosures and evictions. The number is continuing to
grow!
The petition says, in part "..The speedy, expensive, and extraordinary
action that the Federal Reserve Bank took in response to the Bears Stearns
crisis a few days ago is, in reality, tantamount to a government-enacted
moratorium on bank failures...The Fed's action required no legislation,
no hearings, no studies, no half measures, and no time lag. Why is it, then,
that a similar moratorium on home foreclosures and evictions cannot be enacted
to stop the largest number of home foreclosures since the Depression of the
1930s?"
If you haven't signed yet go to...
StopForeclosuresandEvictions.org/moratoriumpetition.shtml.
(send this petition to your friends, co-workers, fellow
students)
ENDORSEMENTS GROWING - 44 DIFFERENT STATES
ORGANIZING FOR APRIL 16!
BUSES, CARS AND VANS WILL BE ROLLING
ON APRIL 16TH!
Momentum is growing around the country. There are now over 550 community based
endorsers from 44 different states organizing for the demonstration.
Transportation is being organized from Michigan,Ohio, Massachusetts, Rhode
Island, New York, Pennsylvania, Maryland, North Carolina,
Georgia, Florida and other states.
D.C., PG county, College Park, Northern Va., Baltimore and Maryland activists
are putting on their marching shoes. In fact, anyone who is just plain fed up
with the injustice of people losing their homes - who want to stop evictions,
homelessness - who don't want our tax money spent to bail out one more
multi-billion dollar bank rather than helping
poor and working people - are making plans to be outside the Mortgage Bankers
Association's annual policy making conference on April 16th to say:
Freeze Foreclosures and Evictions - declare a moratorium now - Bail out
the People, not the Banks.
|
