New Orleans It’s a topsy-turvy world out there. What was down, is up, and what was up seems down, and we’re all looking for solid ground. Take Bobby Seale, the controversial political and cultural icon of the 1960s and former Chairmen of the Black Panther Party. Steve Early, labor representative and journalist (and regular …
Tag: Richmond
Richmond’s Takes Charge of Foreclosures
Kansas City Richmond, California became the first city in the country to take charge of the foreclosure crisis, lingering since 2007, by using its powers of eminent domain to force the hands of the banks to renegotiate the mortgages to market value. As it happens, this issue of Social Policy leads with a great …
Richmond’s Fight to Use Eminent Domain to Stop Home Foreclosures
New Orleans Talking to community activists this week who are among the sparkplugs behind the Richmond Progressive Alliance (RPA) in Richmond, California, one of the hot topics was the investigation by the city of whether or not eminent domain might force refinancing of houses facing foreclosure that are “underwater,” where owners owe more than market …