We Need A Mortgage Strike!
In the 1960's the only way tenants could fight back against evil slum lords was to go on rent strikes -- they refused to pay until the slum lords fixed the apartments. I think the next logical step in the Occupy Wall St Movement is to advocate for national Mortage and Student Loan Strikes!
The banks need to be punished and forced to change. If million sof American refused to pay their outrageous student loans and their mortgages -- it would critically "starve the beast" to paraphrase our Tea Party friends. We need to stop meekly feeding the machine of Big Loans. If the banks refuse to modify home loans? Mortgage Strike nationwide!
And what recourse would the banks have if tens of million sof Americans simply stopped paying? It would cripple them and the sheer volume of the defaults would make it impossible for the banks to pursue legal action.
The banks need to be punished and forced to change. If million sof American refused to pay their outrageous student loans and their mortgages -- it would critically "starve the beast" to paraphrase our Tea Party friends. We need to stop meekly feeding the machine of Big Loans. If the banks refuse to modify home loans? Mortgage Strike nationwide!
And what recourse would the banks have if tens of million sof Americans simply stopped paying? It would cripple them and the sheer volume of the defaults would make it impossible for the banks to pursue legal action.
