[Occupymendocino] People's Reserve Credit Union

[Agnes Woolsey]

Richard, et al,
What do  you say about going to the next B.O.S. meeting to urge them to 
set up a public bank and to use Eminent Domain to take titles to 
securitized mortgages and foreclosed homes? Is there anyone who knows a 
person being notified of default on their loan?  That person should come 
to the Ukiah Assessor's office and demand to see the note( proof of who  
the mortgage holder is) that will be the beginning of a Moratorium on 
Foreclosure. Then the Recorder Susan Ranochak can send an Affidavit of 
Authority demanding a signature of the banker or robo signer as 
condition of filing the foreclosure document in her registry.
          There are two or three B.O.S.meetings in Dec. the 11th , the 
17th and 18th. Who is up for a trip to Ukiah B.O.S. meeting?
RSVP to Agnes at mcn.org

On 11/19/2012 6:55 AM, Richard Karch wrote:
> http://blogs.sfweekly.com/thesnitch/2011/12/occupy_sf_peoples_reserve_credit_union.php 
>
>
> THIS IS AN OLD ARTICLE!
>
>
>   Occupy SF Protesters to Open People's Reserve Credit Union
>
> By Erin Sherbert <http://blogs.sfweekly.com/author.php?author_id=1679> 
> Fri., Dec. 2 2011 at 1:10 PM
>
> 99percent.jpg <http://blogs.sfweekly.com/thesnitch/99percent.jpg>
> Occupy is doing something besides squatting
>
> A few weeks ago, we got a real kick out of the fact that Occupy 
> Oakland deposited a $20,000 donation it received into Wells Fargo 
> <http://blogs.sfweekly.com/thesnitch/2011/11/occupy_oakland_wells_fargo.php>-- 
> one of the many big banks the movement has been actively protesting 
> since September. Say what you want about Occupy  SF camp (it's dirty 
> and filled with homeless people) -- at least protesters there are 
> practicing what thE Members of Occupy SF announced their ambitious 
> plans to turn protesters into bankers by creating the People's Reserve 
> Credit Union. According to Occupy SF's Facebook page 
> <http://www.facebook.com/media/set/?set=a.10150393701330817.352124.171020735816&type=3>:
>
>     The goal of this project is to encourage San Francisco residents,
>     businesses, as well as nonprofit and city agencies to keep their
>     money out of the big banks and to redistribute that money locally.
>     Initial services will include micro-loans for the working poor and
>     homeless, and subsidized student loans at low interest rates.
>
>
> The credit union is being created with the help of Supervisors John 
> Avalos and Eric Mar. The group filed its paperwork and has already 
> crafted a thoughtful mission statement: The credit union will serve as 
> a replicable model for other financial institutions to reinvest wealth 
> in their local communities. They will support microenterprise, provide 
> educational loans, and foster community improvement projects.
>
> Jason Macarthur, a protester with Occupy SF, listed the goals that the 
> organization plans to achieve within the first year. That includes 
> starting with 500 members with plans to grow to 2,000 members before 
> the end of next year.
>
>
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