Banks took such high risks that they placed our entire economy in serious jeopardy. In return, they received trillions of dollars from the Fed and billions of dollars from hard working tax payers to get back on their feet. Homeowners take risks when buying homes; however, when they lose their jobs or are unable to afford their medical attention they don’t get bailouts, they lose everything.
With our current environment of corporate irresponsibility and greed, political impotence and corruption, all it takes is for you to lose your job or get dropped from your health insurance to lose it all. Just because it hasn’t happened to you, your loved ones or your neighbors yet, doesn’t mean the threat isn’t real.
This Tuesday, thousands will be standing up for their neighbors in a struggle against a system that places financial gain above the human need of shelter. Banks would rather let houses deteriorate than renegotiate loans with those who make them homes and build our communities.
Occupy Minnesota had taken this issue head-on shortly after their formation when a fellow Occupier called out for help in keeping her home.
This Tuesday, Occupy Minnesota will organize in neighborhoods to defend families facing foreclosures in the communities most affected by the financial crisis. They’ll expand their occupation to a second foreclosed home in South Minneapolis.