Friday, October 10, 2008

SHERIFF SHOOTS 4700 FORECLOSURES BACK TO BANK

Finally! A HAPPY HEADLINE is found in this morning's news, coming out of my hometown of heroes--- CHICAGO! A great town with 2 great baseball teams (although only one of them ever actually wins), a wonderful stock of humanity, excellent leadership (I'm recollecting the decades of Mayor Daley Sr and currently, his son), culturally diverse and architecturally rich, and NOW, today, a sheiff, TOM DART from Albany, IL has taken a historical stand, I believe, as he is refusing to foreclose on 4700 properties, bringing to the forefront the underlying problem of too many rent-paying tenants and their non-mortgage paying landlords. He was quoted as saying "We won't be doing the banks' work for them anymore...we won't surprise tenants with an eviction order intended for their landlord." Well, the banks may have something to do after all, these days, since they don't seem to be in the lending business at the moment. And while they're at it, maybe they can start doing some fundraising to reimburse city governments that have had to respond to discontented neighbors to clean up their neighborhoods, overgrown and aesthetically disturbed by empty homes. Seems like it's our tax dollars going out to protect the bank's accumulating assets while they sit on their, well, whatevers. Read more on this story here. And to TOM DART of Chicago: THANK YOU for the BULLSEYE ! ! !

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