Home Foreclosures 2x the National Rate: Medford Oregon 5th “Brokest” city in U.S
Dec 2 2011
Subimitted by Richard Capp,
point of contact for Occupy Medford’s action committee.
In a country where the foreclosure rate sits at 1 in every 563 homes, Medford Oregon’s foreclosure rate is among the highest in the nation with 1 in every 250 homes in foreclosure.
This is a disheartening but accurate example of what happens when big banks and their profit margins mean more to our government than the people whom they serve.
This is why on Nov 28th Occupy Medford will hold a protest and food drive at 10:00 am in front of the Medford Courthouse to call for an end to the reclamation of family homes by the institutions whose criminal actions destroyed their worth, while trying to help directly some of those most effected by the merging of Wall Street and Washington.
We have seen corporate CEO’s rake in huge paychecks and bonuses for steering our economy down the toilet, and corporations receive hundreds of billions of dollars in bail-out money which they have used to obtain record breaking profits.
They did all of this while destroying our manufacturing infrastructure, cutting benefits, gutting pensions, killing small businesses, and sending much needed American jobs overseas.
We have watched the 1% use their wealth as a tool of influence over our government and our politicians, corrupting our news media, and destroying our environment.
Inevitably, when their reckless attitudes erased trillions of dollars of our nation’s wealth, they asked us to stop the foreclosure on their corporate offices, lined their pockets with the money of hard working tax payers and evicted us from our homes.
All this and they have the audacity to call themselves the innovators and drivers of society and mock any question of their benevolence as “class warfare”.
We use to be farmers, small business owners, teachers, and blue collar workers scraping out our portion of the American dream.
They have stolen that from us. And we aim to take it back.
We call on all residents and concerned citizens, all those in default, all those who have seen their property values bottom out, and witnessed their government fight for Wall Street profits while ignoring main street losses.
We call on everyone.
Come out and protest this Nov 28th at 10am in front of the Medford courthouse. Protest against home foreclosures and business as usual. Protest against the banks and corporations who have bought and paid for our government a million times over. Protest for truth, justice, and a system that benefits the many instead of the few.
Make your voice heard.
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