Thursday, March 13, 2008

Demanding a Moratorium on Foreclosures: MECAWI to Organize Demonstration Against HUD on March 20

The foreclosure crisis in Detroit is the Economic Katrina

Why is the U.S. government’s Housing and Urban Development Authority (HUD) forcing people from their homes?
Demand that HUD stop foreclosing homes and evicting tenants!
Demand HUD impose a Moratorium now!
Demand HUD help the people, not the banks!


Thursday – MARCH 20
Noon – 1:00 PM
McNamara Federal Building
(Michigan Ave. at Cass Ave. – downtown Detroit)

The U.S. Government through the Department of Housing and Urban Development (HUD) is bailing out the banks and lending institutions by paying off loans on foreclosed homes, and then forcing the occupants onto the street. Everyone knows that these homes will immediately be vandalized and stripped. Why is our government making people homeless and destroying neighborhoods?

HUD’s own rules call for a mandatory moratorium on foreclosures when the federal government declares a State of disaster.

Michigan is in a state of economic disaster. We are in a state of emergency. Whole neighborhoods are being destroyed as homes are abandoned after foreclosure by the banks. Detroit’s neighborhoods look just like the 9th Ward in New Orleans after Hurricane Katrina. HUD imposed a moratorium on foreclosures in response to that disaster.

Join us to demand that HUD stop all foreclosures and order a moratorium on foreclosures and evictions.

Sponsored by: Michigan Emergency Committee Against War & Injustice 313-319-0870

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