Tag Archives: subprime mortgage

Portland occupiers block foreclosure eviction

Another Portland Homeowner Stands Strong Against Modern Redlining

By Pete Shaw
Portland Occupier

July 28, 2012

Story and Photos by Pete Shaw

When the clock ticks past midnight into Saturday July 28th the Multnomah County Sheriff will be able to enforce an eviction notice issued by the Circuit Court of Multnomah County on the house of Annette Steele of 4022 NE 14th Avenue. But Steele, her family, her friends, and her neighbors are not planning on her going anywhere.

Continue reading

Why the Big Lie About the Job Crisis?

By Les Leopold
Information Clearinghouse

August unemployment numbers are ugly, yet again. Nearly 30 million Americans are still jobless or forced into part-time jobs. The Bureau of Labor Statistics official unemployment rate is 9.6%. It’s borader and more telling jobless rate (U6) of 16.7% confirms that we’re stuck in our own version of the Great Depression. We’ll need more than 22 million new jobs to bring us back to full-employment. Happy Labor Day.

To get out of this quagmire we’ll have to face up to two fundamental facts:

Continue reading