The year 2020 has caused many white people to realize we live in a racist system. The Green New Deal is about systemic change for all, and deconstructing racism must be front and central in this agenda.
foreclosures crisis
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How Banks Stole Homes From the Most Vulnerable New Yorkers
“Reverse redlining” flooded communities of color with toxic mortgages, practically ensuring default.
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One Woman's 10-Year Fight to Save Her Family From Foreclosure
"If we had known from the beginning how corrupt the system was, we probably never would have started."
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California Foreclosed: Robert Somerton and the Battle with Bank of America
"Having a branch manager place me under citizens arrest for 'trespassing' is Bank of America's way of criminalizing a homeowner," said Robert Somerton, whose foreclosure sale is this Sunday, Feb. 15.
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Three Years Since Liberty Square, We Feel the Collective DNA of Occupy
When we chant “We are the 99%,” it is said with a sense of power, with our heads held a little higher and backs straighter, for people have a newfound dignity in being in the majority.
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Bank of America Pays $17 Billion To Settle Mortgage Fraud – And You Call That Justice?
This is the largest fine so far, but yet again there seems to be a reluctance to name and punish the individuals responsible.
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America's Criminal Financiers: Still Unjailed and More Bloated Than Ever
Because of the Obama administration’s soft on crime approach to the bankers who became rich packaging fraudulent mortgages, the industry is still a cesspool of excess and greed.
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My Party Has Lost Its Soul: Former Clinton Aide Laments Victory for Wall Street Democrats
We yearn for a new politics but worry that our democracy, like that Antarctic ice shelf, has reached its tipping point.
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National Call To Action In Detroit: Link Arms To Stop the Water Shutoffs
The aggressive foreclosures and water shut-offs are a deliberate scheme to shock the population, drive long-time residents out of the city center, seize property and gentrify downtown Detroit and the waterfront.
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Ahead of the Looming Foreclosure Crisis, Local Governments Are Stepping In
The glut of underwater mortgages needs to be written down to match underlying assets, not just to help homeowners but to revive the economy.