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DEMOCRATIC
SOCIALISTS
OF
AMERICA
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April 24,
2009
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NEWS FROM DSA |
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FIGHTING THE BANKS IN ATLANTA
Last week
we reported on the April 4 ?Fighting Foreclosures: A Call to Action? conference
organized by Metro Atlanta DSA and the USAction affiliated Georgia Rural Urban
Summit. Atlanta has the nation's third highest home foreclosure rate, and
another 10,000 foreclosures were just announced. More than 120 activists
attended, who sparked the formation of the Atlanta Fighting Foreclosures
Coalition. Virtually every attendee signed up to take action in the next few
weeks to ?shine a light? on some of the banks who are the biggest
offenders.
The first action
was held April 21st against Wachovia, demanding, ?No more predatory lending! No
more foreclosures! Modify loans so our neighbors can stay in their homes! Do it
because you took the bailout money!"
More
than 100 enthusiastic demonstrators participated in the Wachovia picket and
rally, including contingents from community, religious and labor organizations
as well as Atlanta DSA.
Media covering the
event included all four of the city's TV stations, along with the Atlanta
Journal Constitution, the Atlanta Inquirer, the Atlanta
Progressive News and others. Demonstrators attempting to deliver a letter
to Wachovia's management were rebuffed.
Other actions are being organized, and we will keep reporting on them. DEMOCRATIC LEFT
SPRING ISSUE OUT James Galbraith in No Return to Normal argues that
both the economic crisis and its solution are bigger and more problematic than
most realize; Bill Fletcher Jr. writes about the mission of the left in this
crisis period; and Jason Schulman tallies the good and bad in Robert Reich's
latest. There's also report on the recent youth conference along with other
important material. The spring issue is in the mail now, and you can view it
now, online, by clicking HERE.
In solidarity,
 Frank Llewellyn
National Director
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Paid for by Democratic
Socialists of America, 75 Maiden Lane, Suite 505, New York, NY 10038.
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