Thursday, January 03, 2008

MECAWI Follow-up Meeting on the Foreclosure Crisis in Detroit on Saturday, January 5

For Immediate Release

Media Advisory

Event: Public Meeting on the Foreclosure Crisis
Saturday, January 5, 2008, 1:00pm
Location: Central United Methodist Church, 23 East Adams
at Woodward (Grand Circus Park, Downtown)
Contact: Michigan Emergency Committee Against War &
Injustice (MECAWI)
Phone: 313.319.0870
E-mail: moratorium@sbcglobal.net
URL: http://www.mecawi.org

Build a Fight Back Movement to Declare a State of Economic Emergency in Michigan to Halt Foreclosures, Evictions and Utility Shut-offs

The poor and working people of Michigan desperately need emergency relief from the economic disaster that has hit our state. An emergency moratorium to stop foreclosures, utility shut-offs, evictions, school shutdowns, plant closings and lay-offs would give the people a chance to survive during the economic catastrophe while we strategize on how to fight to rebuild our state and guarantee the right to jobs, housing, health care and quality education for all.

During the 1930s, the State legislature utilized its emergency powers to pass the Mortgage Moratorium Act, Act No. 98, Pub. Acts 1933. The Act extended the redemption period during which homeowners could not have their property taken from them after foreclosure from six months, to 5 years.

The State of Michigan is in the midst of an unprecedented economic crisis. It is time for Governor Granholm to take emergency measures to protect the health and welfare of the poor and working families of Michigan in the midst of the economic disaster that has hit our state.

Come out to the public meeting organized by the Michigan Emergency Committee Against War & Injustice on Saturday, January 5, beginning at 1:00pm.

For more information on this issue and the movement to reclaim our economic rights, just contact the number and web site listed above.

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