Fight foreclosures

I was talking to a friend that I have known for almost forty years. We live three thousand miles apart and we sometimes go a long time without talking to each other. It was nice to hear her voice again but she sounded a bit down.

She is in her sixties and her husband is in his seventies and they, like so many Americans, are having a real hard time financially. They may well lose their home.

I haven't been able to stop thinking about this since we talked.

What a stress for people to go through, people in their later years who should be feeling secure and enjoying life after all this time. But capitalism is a ruthless system; it shows no mercy. Is homelessness a family value? And imagine the stress this places on people's personal relations. It's no wonder people go off.

There are millions of people in this situation across the country. Supporters of Facts For Working People are active in LA, Chicago and the San Francisco Bay Area but not in her city. I wished I had the resources to go and help organize some resistance to this crime.

What is called for is the taking over of the banks and the formation of a national bank to disperse and manage the money of society. This bank should be under worker's control and management and its resources determines by committees composed of such. To nationalize a bank in this way does not mean to nationalize the bank deposits of workers and the middle class, money that is necessary for our survival and is the product of a lifetime of Labor or the savings of those just beginning to save for whatever reason. The deposits of corporations and the swindlers and crooks whose policies have caused this crisis should become public property though and put to good use.

The massive amounts of money that are being injected in to the economy to prevent a complete collapse of the system and subsequent social unrest are placing a huge debt burden on future generations in the form of increased taxes and declining living standards.

FFWP is committed to ending this situation. We need to organize Hands Off Our Homes Committees where we can. We need to link up with other victims in our communities and collectively, using direct action methods, keep people in their homes. Don't leave your home.

If you read this blog or the Facts For Working People and want to get involved, contact us.