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Defend Our Homes…Protect Our Communities, Part 2

In 2007 rampant fraud in the mortgage industry triggered a financial crisis throughout the world economy. Within two years 7.5 million American workers lost their jobs and an attempt to cover their original crimes, the Banksters have fraudulently forced 15.5 million homes into foreclosure. Thousands across the country have joined together in the fight to save our communities. If you want to have a direct impact now, please join us for a panel discussion on out how to get into the fight.

Corrine Fowler –The Economic Justice Director at the Colorado Progressive Coalition. Corrine has gained an extensive knowledge from experience of how to fight foreclosures through Legislative and Direct Action.

Chad Kautzer – A philosophy professor who specializes in Social and Political Philosophy. Chad is active in Occupy Denver and has been giving teach-ins on the financial causes and Wall Street corruption that led to the foreclosure crisis.

Steven Bailey – The victim of a fraudulent foreclosure in which his family lost their home and livelihood. Steve offers the perspective of how these crimes are impacting the lives of the victims and how the Occupy movement will empower us to fight back.

Defend Our Homes…Protect Our Communities, Part 1

In 2007 rampant fraud in the mortgage industry triggered a financial crisis throughout the world economy. Within two years 7.5 million American workers lost their jobs and an attempt to cover their original crimes, the Banksters have fraudulently forced 15.5 million homes into foreclosure. Thousands across the country have joined together in the fight to save our communities. If you want to have a direct impact now, please join us for a panel discussion on out how to get into the fight.

Corrine Fowler –The Economic Justice Director at the Colorado Progressive Coalition. Corrine has gained an extensive knowledge from experience of how to fight foreclosures through Legislative and Direct Action.

Chad Kautzer – A philosophy professor who specializes in Social and Political Philosophy. Chad is active in Occupy Denver and has been giving teach-ins on the financial causes and Wall Street corruption that led to the foreclosure crisis.

Steven Bailey – The victim of a fraudulent foreclosure in which his family lost their home and livelihood. Steve offers the perspective of how these crimes are impacting the lives of the victims and how the Occupy movement will empower us to fight back.

Occupy Economics, Part 2: Capitalism, Foreclosures, and Responsibility

Summary: At the center of the U.S. financial crisis is the collapse of the housing market, the plummeting of home values, and the millions of foreclosures and evictions that followed (and disproportionately affected the black community). This is not an accident; it’s a crime, which means someone is responsible. In addition to an analysis of the mortgage industry, Wall Street influence, and the rise of mortgage securitization, this teach-in discusses the larger forces in capitalism that made the mortgage market such a tinderbox. To this end, we discuss what is called the financialization of capitalism, globalization of production, and neoliberalism. These are all responses to a crisis in capitalism that came to a head in the 1970s. Against this background we find the logic of the disastrous rise of the unregulated derivatives market and those who benefited from it, i.e. those responsible for the greatest financial crime of our time. Asking if Washington or Wall Street is to blame is a false choice (and an intentional distraction): It’s about class and class interests.

Dr. Chad Kautzer is Assistant Professor of Philosophy at the University of Colorado Denver.