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CA Proposal Would Make Banks Pay for Foreclosures


By davidswanson - Posted on 14 March 2011

With High Rate of Foreclosures Expected for 2011, Asm. Budget Chair Blumenfield, Homeowners to Announce Major Legislation Requiring Banks to Share Burden of Foreclosure Costs

Proposal would bring in billions for schools, local services and public safety

Sacramento, CA – With home foreclosures on the rise in California and neighborhoods pummeled by foreclosure-related lost revenue, crime and blight, State Assemblymember Bob Blumenfield (D-San Fernando Valley) will join a new coalition of community organizations to unveil a bold new plan to reduce home foreclosures and provide monetary relief for these communities press conference on Wednesday, March 16 at the State Capitol.

The announcement of major new legislation to address the foreclosure crisis is part of a statewide day of action with rallies being held in front of banks across the state in Sacramento, San Francisco, Los Angeles, San Diego, San Jose, Fresno, and Stockton. Rally participants will announce plans to organize homeowners across the state in support of foreclosure reforms, call on the banking industry to stop harming California communities, and invite banks to join in solutions that stop to our foreclosure crisis.

WHO: Assemblymember Bob Blumenfield (D-San Fernando Valley)

Peggy Mears, Coalition Leader & Member of the ACCE Home Defenders League

Others TBD

WHAT: Unveil legislation requiring banks to share burden of home foreclosure costs

WHEN: Wednesday, March 16, 2011 @ 1:30pm

WHERE: State Capitol, Room 317

The coalition is led by the Home Defenders League (a project of the Alliance of Californians for Community Empowerment), PICO CA (People Improving Communities through Organizing), CRC (California Reinvestment Coalition), California Nurses Association (CNA) and SEIU Locals 721, 521 and 1021.

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"10 Reasons To Say NO To Western Intervention In Libya"
by Andrew Murray, Stop the War, UK, March 14, 2011

www.informationclearinghouse.info/article27674.htm

March 14, 2011 "Stop the War" -- The political campaign to launch a military intervention in Libya – ostensibly on humanitarian grounds but with patently political ends in sight – is gathering steam among the NATO powers. A “no-fly zone” has now been urged by the Arab League – for the most part a collection of frightened despots desperate to get the US military still more deeply involved in the region. That would be the start of a journey down slippery slope.

Here are ten reasons to resist the siren calls for intervention:

1. ... sovereignty. ...

2. Intervention can only prolong, not end the civil war. ...

3. Intervention will lead to escalation. ...

4. This is not Spain in 1936, .... ... Respecting Libya’s sovereignty is the cause of peace, not is enemy.

5. ... Intervention may partition Libya and institutionalise conflict for decades.

6. ... NATO interference has not lead to peace, reconciliation or genuine freedom in the Balkans, just to endless corrupt occupations.

7. Yes, it is about oil. Why the talk of intervening in Libya, but not the Congo, for example? Ask BP.

The US, NATO, AFRICOM, Washington's despots and militaries in Rwanda and Nigeria, f.e.; they and large US and other foreign minining corportions or businesses are definitely in the Congo and have been for much over a decade. It's just that most of the Western part of all of this is not front scenes; whereas western news media being able to find to report, for one reason or another, that Rwandan forces were in the Congo I believe last year still covers up western government and business dominance there. Both Nigerian and Rwandan forces are used in the Congo, DR, as well as in some other African countries for the US; but there are also some US and NATO forces there (DRC), mostly or wholly covert for the US and NATO. The extremely despotic "leaders" of Nigeria and Rwanda are in these positions only because of Washington.

See Keith Harmon Snow, www.consciousbeingalliance.com and allthingspass.com being his Web sites, the former being the much more recent of the two, but while the old one remains available though. There are some articles by him at www.globalresearch.ca, www.blackagendareport.com, and more at www.dissidentvoice.org; and think it's many more at DV.

The reality of the Congo, DR, is something we're kept extremely ignorant of. Very or extremely few people do any real reporting on the Congo, but Keith Snow is an evidently real investigator. The DRC is [very] rich in several or many minerals and all are targets for possession, control, exploitation by western corporations.

It'd be very easy and much more productive to simply treat people justly. But the ruling elites are a little "psycho".

8. It is also about pressure on Egyptian revolution – .... ...

9. The hypocrisy gives the game away. When the people of Bahrain rose against their US-backed monarchy and were cut down in the streets, there was no talk of action, even though the US sixth fleet is based there and could doubtless have imposed a solution in short order. As top US republican Senator Lindsey Graham observed last month “there are regimes we want to change, and those we don’t”. NATO will only ever intervene to strangle genuine social revolution, never to support it.

10. Military aggression in Libya – to give it the righty name – will be used to revive the blood-soaked policy of ‘liberal interventionism’. That beast cannot be allowed to rise from the graves of Iraq and Afghanistan.

Andrew Murray is National Chair, Stop the War Coalition

"The Return of Pan-Arabism Amidst Upheaval: An end to Balkanization?
The Changing Winds in Iraq and the Growing Threat to Lebanon
"
by Mahdi Darius Nazemroaya, March 14, 2011

www.globalresearch.ca/index.php?context=va&aid=23542

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