The Oakland City Council will soon consider whether to endorse Richmond’s strategy to use eminent domain as a tool to fight foreclosure and study whether it should do the same. The council will take up the issue at a 4:30 p.m. special meeting on Nov. 5 that was requested by Council members Desley Brooks, Larry Reid and Noel Gallo.
Richmond’s effort to do something constructive about mortgage relief for large numbers of homeowners in Richmond is being supported by Strike Debt Bay Area (Facebook and webpage) and ACCE.
For background check out this article by two Strike Debt Bay Area peeps, Can a Small California City Take on Wall Street—And Survive?.
Come and show your support for a city willing to take on Wall Street and demand that Oakland do the same.