Saturday, December 3, 2011

Occupy L.A. takes its fight to foreclosure auction - latimes.com

Occupy L.A. takes its fight to foreclosure auction - latimes.com

As the protesters circled the auction, the bidders drew closer so they could
hear over chants of "Shame on you!"On the auction block this day were
properties from throughout the county — from Torrance to Van Nuys. Next up was a
home on West 59th Place in South L.A.The protesters booed. The bidding
started. "Do I have $113,300?" the auctioneer asked. He is hired to sell the
properties by the banks and title companies that own the
homes."$115,000" said one man."$116,000," said
another.The price climbed and climbed. When it hit $130,000, protester
Carlos Marroquin started shouting."Whose home is that? Whose home are
you buying?" he yelled. "Do you know that families are breaking apart? People
fought for those homes, and you guys are just taking them away."

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