[PeoplesPotluck] don't forget - tomorrow 9/24 at 5:30pm

Ricky Baldwin baldwinricky at yahoo.com
Wed Sep 23 13:45:11 CDT 2009





“We’re still losing
jobs –

           
We’re still losing homes –

                       
We still need a Real Recovery for Working People!”

 

 

Community Rally for Real Recovery

Thurs. Sept. 24

5:30PM

Champaign County Courthouse

 

 



We gave up almost $5 TRILLION to bail out Wall Street and the Big Banks.

Now where’s OUR BAILOUT?

 

STOP THE FORECLOSURES!

The U.S. has
already lost a staggering $6 trillion in homeowner wealth since 2006 that will
ultimately cost the nation’s state and local governments $58.0 billion in
annual property tax funds.  

 

Stopping foreclosures alone could:

·    Save an estimated 380,846 Illinois homes from foreclosure
through 2012 (nationally:  9 million homes) that would prevent $143.8 billion in Illinois homeowner wealth
from evaporating (nationally:  $2.2 trillion).

·    Stop the budget free
fall and help state and local governments preserve as much as $2.2 billion in annual property tax revenue,
enough to permanently fund programs to provide affordable housing and new or
expanded shelters for the homeless (nationally:  $21.3 billion).

·        
Save additional $163.7 million in local government costs associated with dealing
with foreclosed properties – and much more in the event that the banks do not
keep up or secure the properties (nationally:  $3.9 billion).

 

For more on what others are doing
see www.jwj.org/recovery




      
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