Tag Archives: Fannie Mae

Alan Grayson Explains Occupy Wall Street (Video)

For all the “what do they want” and “They have no demands”, former Representative (D) Alan Grayson succinctly sums it up in less than 60 seconds.

For more information on Alan Grayson and more videos, check out the website CongressmanwithGuts.com <—great domain!

Occupy News Round Up – Courtesy of Occupy Boston

Occupy News round up courtesy of Occupy Boston:

Brother of fallen Marine for whom ‘Camp Alex’ was named commits suicide

Brian Luis Arredondo, 24, took his own life in Norwood on Dec. 19, 
according to a statement from his father Carlos and stepmother Melida.
Brian and brother Alexander grew up in JP. Alexander was memorialized
this year in the post office renaming, and also in a “Camp Alex”
anti-war display that appeared at Occupy Boston and currently in an
Occupy JP display at Monument Square’s First Church in Jamaica Plain
Unitarian Universalist. Alexander’s name is also memorialized in an
honorary street sign at the intersection of South and St. Rose streets.

According to the family statement, Brian Arrendondo “never was able to
recover from his deep sadness over the death of his brother Alex, a
condition called complicated grief.”

http://tinyurl.com/7mz8arc

Manger Square meets Dewey Square: Occupy protesters mark Christmas

Around 20 members of Occupy Boston returned to Dewey Square Park for a
holiday-themed protest today, the first day the park reopened to the
public following the eviction of protesters by police Dec. 10.

Arriving at noon, protesters and protest chaplains – a group of clergy
and lay people who have brought a spiritual framework to the Occupy
movement – donned biblical garb and held up signs with messages such
as “There is still no room at the inn” and “Peace on Earth, goodwill 
to the 99%.”

http://tinyurl.com/85gpumu

It’s time to occupy, my friends

At the Occupy Boston encampment at Dewey Square in the city’s
financial district, Shane Aspinall, a 25-year-old African-American,
says he has been living there because “it’s time black people take 
back the initiative to reclaim their history and rewrite it together 
with our present and hopefully better futures.”

Aspinall, who believes that the historical economic and social
discrimination against African-American communities in the US must
change, says:

“At the moment, this [occupation] is the only
alternative we have. The Republicans and the Democrats don’t represent
us . . . [President Barack] Obama will always have that history of
being the first black president of the US but you’ve seen his record.

“I recognise there are structural problems in Washington with
political lobby groups and the influence of business and his hands are
tied. But, if not him, who? Us, that’s who.” Aspinall says the Occupy
Wall Street outreach programmes to Boston’s ghettos are vital to
reinvigorate civic interest in social self-help.

http://tinyurl.com/736xjhk

Fundamental conflict at the heart of the Occupy movement, and how
anarchists and progressives could help resolve it

It would be highly misleading to identify New Deal liberalism with
social democracy. We have barely seen the shadow of social democracy
in the US. And yet, that is the dream that most inspires people in
what the New Deal stood for: the ideal of a society that treats people
like human beings, not commodities. This is the full meaning of what
social democracy is all about. Yet, it requires enormous state effort,
which Americans have very little faith in.

This is a fundamental conflict at the heart of the Occupy movement. On
the one hand, they are as sceptical of government as anyone else in
the US. They see it as a wholly-owned subsidiary of Wall Street and
the 1 per cent.

And much of what I’ve written above completely supports them in this
view. Their treatment by local Democratic mayors and other local
officials only further discourages them from seeing conventional
politics as a credible way forward. And yet, the side of the US they
appeal to and want to see restored – the US as a land of freedom and
opportunity for all – is precisely that which the New Deal best
captured. Without government – no, without big government, that ideal
has never even come close to being realised.

http://tinyurl.com/82pyr9x

Occupy Forces Local News to Focus on Real Issues

(video)

http://tinyurl.com/7umck3a

More mainstream media criticism of Obama ‘nothing to see here, move
along’ stance on foreclosure fraud

It isn’t hard to see that the Obama Administration is choosing to sit
on its hands. But the interesting part is that the ranks of supine
validators may be thinning a smidge. The more state level prosecutions
and headline-grabbing private cases move forward, the more difficult
it will be for the Team Obama to persuade the press that really,
truly, nothing can be done about those big rich bankers.

http://tinyurl.com/cfthpqc

SEC Enforcement Chief Whines that Trying Cases Takes a Lot of Effort

The entire basis of the request for stay pending appeal is that the
SEC is too busy to handle this trial. But think about that for a
second. They claim to have done their investigation, so trial is only
about pulling things together. What else do their trial lawyers have
to do? They only filed a single suit against Goldman Sachs over one
ABACUS deal, when Goldman Sachs did a bunch of them, all cookie-cutter
deals. They have only filed one suit against any of the investment
banks that did the same kinds of deals. They have to go to trial
against the individuals they singled out at the solely responsible
human at each bank. Here’s my suggestion: quit trying million dollar
insider trading cases and go after billion dollar cheats and liars.

Holding people accountable is every bit as important as suing them.

http://tinyurl.com/73q3aad

Occupy the Corporation

If we had occupied the corporations decades ago – reorganizing them as
cooperatives directed democratically by their workers – they would not
have undone the reforms and regulations that so many people worked so
hard to put into place in the 1930s.

The lesson of the undoing of the New Deal is this: We cannot respond
to this latest capitalist crash with another set of reforms and
regulations that leave the organization of enterprises unchanged. If
we do, we will have ourselves to blame as we watch corporate boards of
directors and major shareholders undo them yet again. Only this time,
it well happen faster, because they have had so much practice since
the 1930s. The lesson of America’s painful struggles with capitalism’s
instability is this: Occupy the corporations and democratize them.

http://tinyurl.com/7movsyn

Occupy protesters sue over free speech, force

Most major Occupy encampments have been dispersed, but they live on in
a flurry of lawsuits in which protesters are asserting their
constitutional rights to free speech and assembly and challenging
authorities’ mass arrests and use of force to break up tent cities.

Lawyers representing protesters have filed lawsuits – or are planning
them – in state and federal courts from coast to coast, challenging
eviction orders and what they call heavy-handed police tactics and the
banning of demonstrators from public properties. Some say the
fundamental right of protest has been criminalized in places, with
protesters facing arrest and charges while doing nothing more than
exercising protected rights to demonstrate.

http://tinyurl.com/7mmhlpm

“Cannibal Capitalism” shines light on Occupy

The 2012 presidential election may be a referendum on President
Obama’s job performance, specifically his ability to improve an
economy that continues to teeter along a dangerous edge.

But with the coming of the Occupy movement, there is another
possibility: The upcoming election will be an appraisal of the nature
of modern capitalism – its merits, limits and ills. And the candidate
who speaks in harmony with the electorate’s assessment of capitalism
will win.

http://tinyurl.com/cshwslu

Bank forecloses on home of 91-year-old Pearl Harbor veteran

The recent foreclosure of a home belonging to a local Pearl Harbor
survivor has touched a nerve among dozens of Occupy Nevada City
protesters.

They protested in front of Bank of America Wednesday night, the same
bank which foreclosed on 91-year-old Lou Conter.

http://tinyurl.com/cykrcww

City attorney offers to drop charges against Occupy L.A. protesters if  they take a class on the 1st amendment.

To keep costs down, City Atty. Carmen Trutanich has offered a deal: He
will drop charges against the other protesters if they agree to pay
$355 to take a class on the 1st Amendment.

In a Times article on Thursday, City Hall reporter Kate Linthicum says
that lawyers for the protesters consider the offer ironic, because
most of their clients were arrested for what they believed was an
exercise of their free speech rights.

Trutanich deputy William Carter says the free-speech class will teach
protesters the nuances of the law. “The 1st Amendment is not
absolute,” he said, noting that the U.S. Supreme Court has ruled that
the government can regulate when, where and how free speech can be
exercised.

http://tinyurl.com/dxqochc

Occupy Hecklers Drown Out Bachmann At Iowa Diner

The Hamburg Inn in Iowa City has long been a popular stop for
presidential candidates, but it probably won’t be high on Rep. Michele
Bachmann’s list anymore.

About two dozen activists with Occupy Iowa City packed the diner
before Bachmann arrived there Thursday, then loudly chanted in unison
as she tried to mingle with supporters. Their chant blasted the
Minnesota congresswoman’s position on gay rights, health care and
taxes and ended with: “You’re not wanted here. So go, just go.”

The restaurant blared Christmas songs over the loudspeaker to drown
out the protesters. Police arrived as tensions rose, but no one was
arrested.

http://tinyurl.com/76gnb54

What Eisenhower Republicans Had In Common With Occupy Wall Street

Watching the movie other night, I realized what I should have decades
ago: Of course they were happy to be alive. They’d all survived a
world war, and before that a Depression far worse than the one we’re
limping through in 2011. If I had spent 20 years afraid of not getting
enough to eat, of not surviving the year, of watching society
collapse, I’d probably want to revel in life and a few consumer goods
too. What had looked like an oppressive past when I was a teen-ager
now looks like a distant dream for the future. Imagine it – general
prosperity! no ongoing war!

http://tinyurl.com/747z6cz

An “occupy movement” by the tribals of Alirajpur

As “Occupy movements” are beginning to emerge as the latest form of
protest across the world, tribals of Alirajpur have started an “occupy
movement” of their own. For the last three and a half weeks, over
tribals displaced due to the Sardar Sarovar dam Project (SSP) have
been occupying and tilling government land in protest against their
not receiving land as compensation for their submerged lands under the
dam project.
The Sardar Sarovar is one of the 30 large dams planned across the
Narmada river and has been mired in controversy for decades over the
slow progress of rehabilitation of the project affected families.

http://tinyurl.com/7dx4yfw

Hong Kong churches promote economic justice at Christmas

The Hong Kong Catholic Church has reminded its members to be aware of
the need for economic justice during the Christmas season and two
other church groups are participating in the “Occupy” anti-corporate
movement.

The Diocesan Catholic Commission for Labor Affairs (CCLA) has
organized a Christmas campaign to boycott shopping centers to promote
the cause and highlight the need to alleviate the wealth gap in society.

http://tinyurl.com/czqv5tf

Revolution through Banking?

Over the last several weeks, we have been examining what legislative
changes are needed to reform the banking sector: some day soon there
may be Occupy-originated proposals and draft legislation, for instance
to amend the so-called “Volcker Rule”.

One group has split off to explore and design the creation of an ideal bank that would put into practice the values of Occupy. What would this look like?

The ideal bank would be democratically owned and controlled by its
customers and its employees. Like at many credit unions, all
depositors would get an equal say, regardless of the size of their
accounts. It would be non-profit, building in a competitive advantage
over the for-profit banks. It would be accessible to all, in
particular the poor (we are inspired by the Grameen Bank, started by
Mohamed Yunus in Bangladesh). It would be a bank that anyone can bank
with and receive better service than what they receive today at
conventional banks. Any small-scale bank we establish say in New York
would have be to be replicable by others elsewhere.

http://tinyurl.com/6w3zgwt

Re-Occupy: A Movement Seeks a Sanctuary

The Occupy movement has lent American society so much energy, rage,
and creativity, and it has made a rupture. It has broken a spell. But
now it needs the very institutions that have been the mortar of
complacency to follow suit, to take risks.

It’s not enough to simply applaud the movement and then keep keeping
on. The unions need to endanger their comfortable pacts with
politicians and big business, to be willing to actually shut down the
engines of an unjust economy. The non-profits need to mobilize their
resources and knowledge in new, more radical ways. And the religious
communities need to offer their spaces, their networks, their moral
leadership.

http://tinyurl.com/6lkrsyy

Revolutions Don’t Happen in a Day: Five Ways OWS Can Stay Powerful and 
Truly Build a Movement

Winter is the nagging truth that the next decade of organizing must be
more sustainable than the first months we spent in the sun; that this
is a struggle for the long-haul, that burn-out and martyrdom are no
good for anyone and no good for the cause. Winter tells us to see our
families and take a day off when we are sick, because the movement has
to be healthy if it’s going to last. Winter is here to remind us that
revolution is not an event but a process, and that social
transformation means not only harnessing a moment, but building a
movement.

http://tinyurl.com/827t998

Last Occupy protest camp in Canada closed

The final Occupy protest tent camp in Canada has been closed by police
in Winnipeg, Manitoba, based on fire safety concerns, officials said.
Protesters spent 67 days in the city park as part of the Occupy Wall
Street financial disparity movement that began in New York earlier
this year.
Demonstrators in more than 20 Canadian cities marched Oct. 15 and set
up tent cities but all were gradually ordered dismantled, the Winnipeg
Free Press reported.

http://tinyurl.com/7tmsd5w

Occupy Cleveland Ad Campaign Concept- A work in progress

Occupy Cleveland is brainstorming ideas for television ads. This is the first video I have seen from the group in the “info-based” category.

I think they are looking for volunteers with a background in advertising, web design, tv or radio, video editors etc. who can volunteer their time and skillset moving this project forward.

I’ll stop babbling now, and let the video speak for itself.

Ladies and gentlemen, #Ohio is #Occupied

Ladies and gentlemen, #Ohio is #Occupied! – OHIO FRAUDclosure: OCCUPY OHIO http://ow.ly/82C44

                  OCCUPY OHIO

Over 1,600 towns, cities, and communities’ across the United States are OCCUPYING
We at OHIO FRAUDclosure support this National Movement…as it provides the

OHIO HOMEOWNER - A VOICE – against the Wall Street FRAUDclosure machine.ASHTABULA COUNTY SHERIFF ALL SMILES exercising Holiday EVICTIONSheriff happily brushes past Christmas Lights (in his face) during “Set-Out” to curbFANNIE MAE adds another ”empty house” to their tax-payer owned portfolio!Lerner Sampson Rothfuss (LSR) adds another Predator Drone Foreclosure kill

Almost a dozen cops (including a paddy wagon) and an equal number of media outlets large and small descended upon an attempted eviction prevention action by 25 peaceful Occupy Youngstown & Occupy Cleveland members Thursday morning in Orwell, Ohio.
Fannie Mae plans to give a short reprieve to those in danger of being evicted over the holidays. Well …except those people scheduled TWO DAYS before the moratorium starts! Unfortunately for the CART family (Christine Cart, her Husband, and their two sons), theywere forcibly removed from their home of 40 years by the sheriff, and will have to find some type of

Christine Cart in Front of her Orwell Home

temporary shelter or accommodation with the temperatures in Orwell, Ohio (Ashtabula county) expected to dip below freezing.

“God help her if it snows” The Occupiers said…..(more here)
Please call the Sheriffs office to wish them happy Holidays
Ashtabula County Sheriff Department civil division: (440) 437-2187
non-emergency number: (440) 576-0055
and for Christmas Card mailings …to the Judge (who authorized eviction) please send to:
Judge Ronald Vettel
Ashtabula County Court of Common Pleas
25 West Jefferson Street
Jefferson, OH 44047

Maddow and Hayes on Local Politics

How many times have you heard the words “All politics is Local”?
Let me tell you, this is as local as it gets!

btw, I’m digging the show Up with Chris Hayes on Weekend mornings, the tweeters use #Uppers and they are hilarious, just sayin, all the cool kids get up early on Saturdays

http://www.msnbc.msn.com/id/32545640

 

 

visit msnbc.com for breaking news, world news, and news about the economy

#NewsNet5- #OccupyCleveland Protesters Join…

#NewsNet5- #OccupyCleveland protesters join effort to stop foreclosure of family’s Ashtabula County home http://ow.ly/80BNm

The Occupiers said, “This is not a loss but a shot across the bow of the Ashtabula foreclosure racket.”

Wow….This is what community looks like!

One Judge on Vacation, One Refusing to Take Calls, and a Family Evicted In December

I would be LIVID if my judge refused to take calls regarding my case!
Is that Justice? Is that fair?

Is it even Legal? Any Legalista’s out there have the answer?

This came to me from an Occupy Cleveland-er. It breaks my heart.

It’s a real sign of how much our system is broken when a family can be evicted from their family home of 40 years just before Christmas with an appeal still waiting to be heard. One judge is on vacation, one refusing to take calls, and neither willing to let the eviction be part of a moratorium that starts in 2 business days. It almost seems like they’re doing everything they can to take property away from homeowners. The banks got a bailout with our tax dollars, but they systematically refuse to work with us to let us stay in our homes.

What happened here? These are not numbers slipping through the cracks, these are PEOPLE. Living in the home that has been in their family for over 35 years.

All she is asking for is someone in the courts to examine the open appeal. What benefit is there for Orwell, Judge Vettel, Judge Yost, or even Highway Patrol to evict this family 2 days before the moratorium begins.

Do we live in a country which is ok with evicting a family of four from their family home while they still have an open case appeal?

Multiple #Occupy Groups in Ohio come together to STOP Evictions and Foreclosures for the Holidays

Multiple Occupy Groups in Ohio come together to STOP Evictions and Foreclosures for the Holidays

URGENT:


NORTHEAST OHIO COORDINATED OCCUPIES NEED PHONE CALLS BETWEEN 8:30 AND 9:30AM TO HALT THE EVICTION OF CHRISTINE CART. 

Ashtabula County Sheriff Department civil division, (440) 437-2187. non emergency number (440) 576-0055. property address 7234 State Route 45 Orwell, Ohio 44076. writ of possession to be enforced December 15, 2011 at 10:00 AM.

There is more info about the family, and the joint action by the Ohio Occupy groups available HERE

Occupy Groups from Ohio Unite to Fight an Eviction

On December 1st Fannie Mae announced it would begin a “Foreclosure Holiday” from December 19, 2011, to January 2nd 2012.

STOP foreclosures and evictions!

Like some other big banks, Fannie Mae plans to give a short reprieve to those in danger of being evicted over the holidays.  Unfortunately for one Ohio family, scheduled to be evicted Thursday December 15th, that 2 business day gap, means Christine Cart, her Husband, and their two sons, will be forcibly removed ( and likely arrested) from their home  by the sheriff, and will have to find some type of shelter or accommodation over the weekend, when temperatures in the Orwell, Ashtabula cty. are likely to be in the 30s. (God help her if it snows)

Did you catch that?

Simply postponing the eviction until Monday would stay  the eviction long enough to qualify for the Fannie Mae eviction moratorium. Keeping the family of four in their home, safe, with running water and heat, through the Holidays, and one of the coldest months in Ohio.

I’ve quoted (in full) the press release I was able to find after first reading this Ben Fox Rubin article in the WSJ.

While reading the release from Fannie Mae regarding the eviction holiday, I was particularly moved by the quotes from Terry Edwards, the  Executive Vice President of Credit Portfolio Management, Fannie Mae. So I bolded them (emboldened them?) for emphasis and easy reading :)

December 01, 2011

Fannie Mae Announces Eviction Moratorium for the Holidays

Andrew Wilson

202-752-5168

WASHINGTON, DC – Fannie Mae (FNMA/OTC) announced today that it will suspend evictions of foreclosed single family and 2-4 unit properties from December 19th, 2011 through January 2nd, 2012.  During this period, legal and administrative proceedings for evictions may continue, but families living in foreclosed properties will be permitted to remain in the home.

“The holidays are meant for families to spend time together, especially if they’ve gone through the stress of financial challenges and foreclosure,” said Terry Edwards, Executive Vice President of Credit Portfolio Management, Fannie Mae. “No family should have to give up their home during this holiday season.  Fannie Mae is committed to helping borrowers avoid foreclosure whenever possible and we encourage any homeowner who is having difficulty making their payment to reach out for help.”

Homeowners with Fannie Mae-backed loans can call 1-800-7FANNIE or visitwww.knowyouroptions.com for information and resources on foreclosure prevention options, including contact information for the Fannie Mae Mortgage Help Center or a HUD-approved counseling agency in their area.

Fannie Mae exists to expand affordable housing and bring global capital to local communities in order to serve the U.S. housing market. Fannie Mae has a federal charter and operates in America’s secondary mortgage market to enhance the liquidity of the mortgage market by providing funds to mortgage bankers and other lenders so that they may lend to home buyers. Our job is to help those who house America.

Follow us on Twitter: http://twitter.com/FannieMae

Even if you can’t attend an Occupy rally, or visit the Cart’s home, you can still make a difference and take action. The following quote is from  an Occupy Youngstown FB page.

Call the Ashtabula Sheriff’s department express your concern that a crime is about to be committed. The Cart family — Christina, Steve, and their sons — are about to be evicted from their home and neither Fannie Mae nor Aurora Loan Services has produced the note proving their ownership of the home. The writ of possession/eviction is scheduled for Thursday December 15, 2011 at 10:00 am.

Here are the numbers:

Ashtabula County Sheriff Department civil division: (440) 437-2187

non-emergency number: (440) 576-0055

Address of the Cart’s home:

7234 State Route 45

Orwell, Ohio 44076

OR

ANOTHER WAY TO HELP, compose a letter asking Judge Ronald Vettel to suspend any eviction action until Monday, which will put it within the holiday eviction moratorium buying us time until after the new year. Please FAX your letter to the contact info below. If you don’t have a fax machine, you can use the free web to fax service, http://faxzero.com/. Also, email your letter to his bailiff (see below). Remember, be respectful but firm.

Fax your letter to 440-576-3677:

Judge Ronald Vettel

Ashtabula County Court of Common Pleas

25 West Jefferson Street

Jefferson, OH 44047

Also send an email to:

Bailiff Sharon Huey

sshuey@ashtabulacounty.us

They’ve reached out to the Judge, Fannie Mae, Occupy Cleveland and Youngstown….Now they are reaching out to the people….Please help by taking a minute to call, fax, or email!

A family is depending on US!