[Marxism] Fight every foreclosure, demand real nationalisation of banks

["Charles Brown" <charlesb@xxxxxxxxxxxxxxxxxxxxx>]

That is why, under the concrete conditions that exist
today in the United States, where there are not yet ANY
anti-foreclosure
protests or direct actions,

^^^
CB: We've been having anti-foreclosure protests in Detroit for a few
months now. I sent the notices to this list.



 This was passed by the Detroit City Council on September 22, 2008 

Resolution by Council member JoAnn Watson

Whereas, The Federal Government has bailed out Freddie Mac and Fannie
Mae for a

                reported 200   billion dollars; and 

Whereas,  The United States Congress is in the process of bailing out a
number
of 
                 Wallstreet  investment banks for a reported 700
billion
dollars; and

Whereas,  The Big Three auto companies are seeking federal loans of
reportedly
25
                  billion dollars; and

Whereas , The Chrysler Corporation was bailed out by the federal
government in
1979 
                for billions of dollars; and

Whereas , the  State of Michigan has been in a one state economic
recession for
several 
                  years , while Detroit has been hit by an economic
depression
and an economic
                  hurricane  
                 

Whereas,  Massive  numbers of  foreclosures and predatory lending by
firms in
                connection with the very Wallstreet firms that are now
bailed
out by the US 
               Government  have devastated Detroit and Michigan, yet
the US
government has 
               not included bailout of  foreclosed families and
citizens in
their great economic
               despair  , the citizens whose taxes will bailout the
Wallstreet
banks; 


THEREFORE BE IT

Resolved,  That the Detroit City Council calls on the Congress to
bailout the People and
City of 
                 Detroit and the people who are the victims of the
housing and
mortgage crisis; 
                 and be it further 

Resolved, That the Detroit City Council demands that Congress strictly
re-regulate 
                Wallstreet and prohibit future, financial ,speculative
regimes
as that of the last 
                ten years or so and be it further

Resolved,  That the City Council urge our Congressional delegation to
make 
                sure that any new credit guidelines are not so strict
as to
negatively impact urban
                 centers throughout the country; and be it further

Resolved,  That the U.S. Senators from Michigan and Detroit-based
Congressional
                 Representatives be urged to immediately institute
earmarks to
demand a 
                 national moratorium on foreclosures for at least two
years, a
one billion dollar
                 economic package to create WPA-style jobs for heads
of
households in
                 Detroit,  and tax credits for small businesses; and be
it
finally
 
Resolved, That the City Clerk send  copies of this resolution to
Michigan s
US Senators,
                 Michigan s Congressional Delegation and The Governor
of
Michigan





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