Furious Homeowners Occupy Lobby of Fannie Mae in Pasadena (tags)
Members of the Alliance of Californians for Community Empowerment (ACCE), Occupy Fights Foreclosures (OFF), Occupy Los Angeles (#OccupyLA), the Home Defenders League (HDL), and Strategic Action for a Just Economy rallied at Fannie Mae in Pasadena, CA to demand that the Federal Housing Finance Agency end its policies prohibiting principal reduction for underwater homeowners.
Fannie and Freddie in Good Hands with Mel Watt (tags)
class war
World and US Situation, 2008 (tags)
For more than two years, we revolutionaries had observed the impending total unravelling and complete discredit of the "free market" pretense of monopoly capitalism and the full bankruptcy of the policy of "neoliberal globalization." But the leaders of the US and other imperialist countries and the puppet states were always lying and boasting about the so-called strong fundamentals of their economies. Only recently have they been compelled by the circumstances to admit that the US and global capitalist system are beset by the worst economic and financial crisis since the Great Depression.
Worse Than the Great Depression? (tags)
a distinct possibility