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Place an immediate moratorium on all foreclosures until unemployment stabilizes at 4%

Created by E.K. on October 16, 2011

Our country can not afford — in social or economic costs — to have any more families become homeless through foreclosure. It's a social justice issue, particularly in light of the "too big to fail" bank bailouts. I am petitioning for an immediate and complete moratorium on all foreclosures, with provisions to include principal recalculation based on current housing values.

The economic death-spiral of foreclosure affects not only the individual, but the country as a whole.

Economy & Jobs
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