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Sep 29
2008
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BailoutPosted by Bruce Robinson in politics , policy , news , legislation , justice , housing , government , economy , Congress , community , business |
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The Congressional banking bailout bill that failed yesterday, also failed the thousands of California homeowners already facing foreclosure.

Kimberly Jones, Policy Advocate for the California Reinvestment Corporation, contends that the banking industry is attempting to deflect its own complicity in the "mortgage meltdown" by blaming the borrowers who signed up for loans they could not repay. But she says targeting the handful of industry executives who got gaudy salaries and payouts is also a distraction.
The CRC has produced this short video about the causes of the foreclosure crisis now sweeping California.
Director Geof Callan's new documentary film is trying to do more than capture history; he wants to influence it.



The September 24th forum on Proposition 5, to be held at 7 pm in the Sonoma County Board of Supervisors' chambers (575 Administration Drive, Suite 100A, Santa Rosa), is hosted and sponsored by 