The Occupy Wall Street movement has given a voice to the 99 percent of us who have suffered at the hands of the Big Banks. In cities across the country, “Occupy” protesters have highlighted our nation’s growing economic inequality, high unemployment and the foreclosure crisis that continues to ravage our communities. We saw another inspiring example of the 99 percent standing together in recent days in Atlanta.
Last week, Occupy Atlanta mobilized to protest the foreclosure of the family home of a police officer in Gwinnett County, Ga. The family invited Occupy Atlanta to help publicize the fact that their bank had refused to modify their mortgage to prevent foreclosure. On the eve of the expected foreclosure, protesters set up tents in the front yard and a “This Home Is Occupied” sign on the porch.
Gwinnett County has been hit hard by the foreclosure crisis, according to data from the website RealtyTrac.com. Last month, more than 1,100 homes in Gwinnett County received a foreclosure filing and the county’s foreclosure rate is more than double the national average. This pain is compounded by the fact that homeowners in Georgia can lose their home in less than two months under the state’s bank-friendly foreclosure laws.
We stand in solidarity with Occupy Atlanta who is protesting our nation’s foreclosure crisis, as well as those state attorneys general like Eric Schneiderman of New York, Beau Biden of Delaware, Kamala Harris of California and others who are fighting to hold the banks accountable. We need a full investigation into law-breaking like “robo-signing” by the Wall Street banks who brought us the foreclosure crisis.