SAY NO to the foreclosed home auction!

  On March 28, 2009, an ugly spectacle comes to the Minneapolis Convention Center: a mass auction of foreclosed homes.

SAY NO to the foreclosed home auction!

Moratorium NOW on foreclosures & evictions!

Picket Line and Protest   

Saturday, March 28, 2009 12 Noon

Minneapolis Convention Center

1301 Second Avenue South

 Minneapolis, Minnesota

On Saturday, March 28, the Real Estate Disposition Corporation (REDC), one of the biggest private auctioneers of foreclosed homes in the country, is auctioning more than 300 foreclosed homes at the Minneapolis Convention Center. The houses being sold to the highest bidder are the homes of families who were forced out by banks and mortgage companies.

Many of these banks have received hundreds of billions of dollars in taxpayer bail-out money while throwing working people out of their homes. Thousands of people are being evicted from their homes every day. Hundreds of thousands of workers are being laid off each month.  We cannot and must not be indifferent to the ugly spectacle of the auctioning of the homes of displaced families. In midst of the biggest economic crisis since the depression of the 1930s, these auctions should not be taking place.

Working people and low-income people should not be paying for the crisis brought on by the greed of the banks and corporations.  These foreclosed home auctions are a symptom of the cruel and criminal economy that ignores working people and low-income people while protecting corporations.  Foreclosures will continue to grow until people unite and say “No More!”

Come to the Saturday, March 28^th picket to speak out against the mounting foreclosure crisis and to demand that the government take concrete steps to stop people from losing their homes.

Initiated by the Minnesota Coalition for a People’s Bail Out

For more information: 612-822-8020 or www.mn-peoples-bailout.org