Occupy group plans to move people into foreclosed homes

mentalfloss

Prickly Curmudgeon Smiter
Jun 28, 2010
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Occupy group plans to move people into foreclosed homes

NEW YORK – With some of its urban encampments closed by police and others under siege, the Occupy movement says it's opening a new front in its battle against big banks by moving poor people into empty, bank-owned foreclosed homes.

The group announced "a national day of action" Tuesday in the Occupy Our Homes program to fight fraudulent lending practices and what it termed "illegal evictions by banks" — the institutions Occupiers blame for the nation's economic predicament.

The group said it would try to disrupt auctions at which foreclosed properties are sold by banks and other mortgage holders.

The new action was to take place in more than 25 cities across the country.

"Millions of Americans have lost their homes in the Wall Street recession and one in four homeowners are currently underwater on their mortgages," the group said in a statement on its website. "The 99% is bearing the brunt of a crisis caused by Wall Street and big banks."

At least 500 activists marched through the East New York section of Brooklyn to a vacant foreclosed house they planned to occupy, fix up and turn over to a poor family.

Tasha Glasgow, 30, said she's been living with her two children in an apartment in an abandoned house in the Far Rockaway section of Queens. She said the unit has no oven, and when she turns on the water in the bathroom, it floods the apartment downstairs, so she has to carry water upstairs in a bucket.

"I just want some place where we can live better," she said.

Such occupations constitute trespassing, since the bank owns a property once the homeowner defaults on the mortgage.

Matthew Smucker of Occupy Wall Street defended the move: "Peaceful civil disobedience is a proud American tradition in the face of large injustice. … The illegal behavior to be looking at is the illegal foreclosures by banks."

Asked why she felt entitled to live in the house, Glasgow said, "There are a lot of homeless people in the country and all these empty apartments that they could be living in. Why not just give 'em to people? All these people out on the street, or living in their cars — they could be inside. "

She said she was worried about being evicted, but said, "I have people who have my back. I'm doing this for a good reason — for my kids." She referred to her daughter, Tanisha, 9, who she said is autistic, and a son Alfredo, 5.

Glasgow said the Queens apartment had been decent until the landlord walked away several years ago. "The super told me, 'From now on, you got a problem, call 311"' — the phone number for non-emergency city services.

Sean Barry, a staffer with the community group VOCAL-NY, said it would work with Glasgow's boyfriend, Alfredo Carrasquillo, to fix up the home for the family. He said the move was encouraged by neighbors, who've seen the home stripped and vandalized since it became vacant. "It's destabilizing the neighborhood," Barry said.

Barry said his group would make an inventory Tuesday of other foreclosed homes in the area for what he called the "Occupy Real Estate Listing Service."

Occupy action targets bank foreclosures
 

jjaycee98

Electoral Member
Jan 27, 2006
421
4
18
British Columbia
Well, good luck with that.
They go from a protest, conducted mostly on Public property, to property owned by the Banks. Not going to fly. Might get them shelter though-in jail.
 

damngrumpy

Executive Branch Member
Mar 16, 2005
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kelowna bc
The problem for governments and the courts will soon be numbers. Not that everyone is
in support of occupy wall street people, but millions now hate the banks and financial
institutions. When you trespass as an individual, you end up in legal problems when a
movement does the same thing, it becomes a matter of civil disobedience and that is a
different situation altogether. Last week I said Occupy Wall Street would take a different
turn and this is another page as this organizations new direction.
We are watching the ratcheting up action against the financial institutions. The time is
coming when the economy slumps, and the people will come out in droves blaming the
banks and those with investment wealth. The problem is all will be painted with the
same brush. The other problem is when things go too far one way they snap back with
a furor in the other direction and we go from no regulation to over regulation and one is
as bad as the other.
 

PoliticalNick

The Troll Bashing Troll
Mar 8, 2011
7,940
0
36
Edson, AB
Well, good luck with that.
They go from a protest, conducted mostly on Public property, to property owned by the Banks. Not going to fly. Might get them shelter though-in jail.

If the banks 'own' these places because of fraudulent lending practices and fraudulent foreclosures then they don't really own them at all. I bring to your attention the 'son of sam' law that states you you cannot profit from criminal activity or keep ill-gotten gains.

There will be a long long battle starting here especially if someone moves in. It is a long process to evict a resident even if they aren't paying rent.

I wouldn't mind them going to jail if the crooks that were running the banks and Wall St were there already but they are not. That is what this whole thing is about in case you were unaware. These guys committed fraud on a scale so grand and managed to walk away with over a trillion bucks in taxpayer money to give themselves multi-million dollar bonuses.
 

damngrumpy

Executive Branch Member
Mar 16, 2005
9,949
21
38
kelowna bc
We are headed back to the days of civil disobedience, in tough economic times
just like the days of the Great Depression and the reason is the people have had
enough. It is not only government that has played games with the people and now
corporate executives are held in the same esteem as politicians.
Yes the bankers and investment brokers have made pension funds grow but the
way they did it has upset the conscience and morals of those who received the
rewards. Two great pressures are coming to bear. The younger people and those
who see through the great myth about profit for profits sake and those who derived
the greatest benefits.
The problem is those who actually drove the agenda and made the money, took
too much for themselves in bonuses and huge wages. Excess is what is doing the
bankers in not the money they made. Young people are developing a sence of
morals and ethics and that is bad news for those who defrauded people with
sub prime mortgages etc. The problems are going to get a lot worse before they get
better. Occupy Wall Street will take several new directions on the way to pressuring
the economic elite.
 

mentalfloss

Prickly Curmudgeon Smiter
Jun 28, 2010
39,817
471
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I honestly thought they would just give in to marching.

If they can pull this off then they will have achieved a lot of exposure.

This could ultimately become a game of the local jurisdictions trying to pass legislation as quickly as possible, chasing after these occupiers after each move.