- No more foreclosed home auctions!
- No more foreclosures and evictions!
- Demand a moratorium on foreclosures and
evictions!
Please join us on Sunday morning at 10:00 am sharp at a demonstration
against the biggest auction of foreclosed homes ever in New York
City.
The
Real Estate Disposition Corporation (REDC), the
biggest private auctioneer of foreclosed homes in the country, is auctioning
more than 375 foreclosed homes at the Jacob Javits Convention center. This is
the biggest auction ever held in NYC. The houses being sold to
the highest bidder are the homes of poor and working people who lived in places
like Brooklyn, Queens, Bronx, Newark, Long Island, upstate New York, and
Pennslyvania who were forced out of their homes by Citibank, Bank of America,
Wells Fargo, JP Morgan-Chase and other banks.
These same bankers have
received hundreds of billions of dollars of bail out money while they're
throwing working people out of their homes. These
foreclosures are illegal.
At a time when an estimated 15,000 families are being evicted from their
homes each day and the number of job layoffs per month in the U.S. is rapidly
approaching one million a month, we cannot and must not be indifferent about
the ugly spectacle of the auctioning of the homes of displaced
families.
In the biggest economic crisis since the depression of the 30’s,
these auctions should not be taking place; they are a symptom of the cruel and
criminal mass eviction campaign that will continue to grow until people unite
and say 'No More!'
Today, the Obama administration announced a $75 billion plan for the
federal government to essentially take over the failed mortgage industry.
Mortgage companies now have a duty to modify virtually every housing loan
before foreclosing. Until this plan is completely in place and people
have a chance to take make use of the process,
every single foreclosure
now taking place is in violation of Federal Law - 12 USC 5219 and the Housing
and Economic Recovery Act (HERA).
But we know that the only force that will stop foreclosures is
mass grassroots mobilization. Join us on
March
8 to demand an end to the auction. And then, help us build for
the
National March on Wall Street on April 3 - when Wall Street is
open, continuing on April 4 to demand "Bail Out the People - Not the
Banks!" (See
http://www.BailOutPeople.org to find out how
you can get involved.)
- We call upon the City of New York to stop the March 8 auction and we
demand an immediate stop to call foreclosures and evictions.
- We call upon the Jacob Javits Center and the Real Estate
Disposition Corporation (REDC) to cancel the auction, set up to
allow financial predators to profit from throwing people out on the
street.
- Sign the petition at: http://www.bailoutpeople.org/nonycauction.shtml
Support the nationwide campaign for a moratorium on home foreclosures and
evictions. Join us at the Javits center on Sunday March 8 to say:
No more foreclosed home auctions!
No more foreclosures and evictions!
Immediate moratorium on foreclosures and evictions!
