There’s a flier for an upcoming march and rally making the rounds around Philadelphia, and it’s an interesting sign of the times: while most demonstrations are held to push for change in political institutions, this is a protest against the practices of an economic institution: foreclosure by banks. Although the foreclosure rate in the Philadelphia area is lower than in the Sun Belt, 7.3% of those who own houses in Pennsylvania have found the value of their house sink below the value of the loan to pay for their house. With a large number of people find themselves simultaneously struggling to keep a job and to keep their house, the answer is not as simple as the old line “Get a Job,” because for a lot of people there is no job to be found.
In Philadelphia this upcoming Monday, people will be marching to put a halt to foreclosures altogether:
March to Stop the War on American Families
“History will have to record that the greatest tragedy of this period of social transition was not the bad people, but the appalling silence of the good people!” – Martin Luther King, Jr.
One in five families is in foreclosure in America. Join us as we lift up the memory of Martin Luther King, Jr.
Stop foreclosures now!
January 17th – 12:00 PM
West Side of City Hall (across from Love Park)
Poor Peoples Economic Human Rights Campaign
2200 Coral St Phila, PA 19125