West Baltimore Protest Voices Community Frustration With Home Foreclosures

BALTIMORE (WJZ)– In Baltimore, frustration grows over the struggling housing market. For families facing foreclosure, that frustration is aimed right at the big banks.

Kai Jackson explains how the people are making their voices heard.

These protesters are part of MoveOn and Occupy organizations. They are frustrated with the economic conditions that have led to people losing their homes and wiped-out savings, and they’re vowing to fight the problem.

They call it the funeral for the American dream at a church in West Baltimore.

“This is the kickoff of a long campaign where we’re gonna be encouraging people to rethink the role that big banks play in their lives,” said Kristerfer Burnett, of the community group Good Jobs, Better Baltimore.

The group says mortgages, checking accounts and investments, to name a few, should all be picked carefully by consumers.

“If we have bank accounts in any of these corporate, big Wall Street banks, we need to move our money,” Mary Hill, an organizer with MoveOn.org, said.

Protesters point to the rate of foreclosures as shameful.

“We’re fighting like hell for the living in our communities and that’s what we’ll do today,” David Carl Olson, of the First Unitarian Church of Baltimore, said.

And they blame the banking industry.

In 2010, “The Baltimore Sun” reported the rate of foreclosures for the city wasn’t the highest in America, yet the rate was far from the lowest.

“These are families, these are children that are impacted,” Burnett said. “These are your grandparents, aunts, uncles. This is everybody.”

“They’re heartless and they’re deceptive and they’re causing a lot of misery in the American family. And they need to look at their policies and look at the families they’re destroying and the families they’re putting on the streets,” Laverne Myrie said.

Good Jobs, Better Baltimore helped organize the event.

Thursday night’s protest took place at John Wesley United Methodist Church.

Comments

One Comment

  1. popopo says:

    Here is a idea laverne . Buy a house that you can afford and don’t ask the tax payers to bail you out when you did

  2. Shane Cooper says:

    lol blame the banks????? i have a wife and son and i got laid off at the end of dec. do i blame the banks? no!!!! i went and got another job instead of being lazy and not paying my mortgage! the funny part is these people live in west baltimore and cant pay a mortgage that is half of mine! move to harford county and then complain about bills! on second thought please dont! please stay in west baltimore!

  3. JobsnotCutz says:

    You should have listened to the part about the adjustible rate…

  4. chetta-ketta says:

    All you bad Mo-Fo’s ever do is looking for something for nuttin. Learn to read, write & do math instead of watching soul train & playing video games coonies.

  5. Vada Curio says:

    Its amazing how much more attention I aquire from the opposite sex now that I have a beachbody coach!

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