Tuesday, February 24, 2009

Mortgage Strike

The 92 Percent Group

To send a strong message to President Obama and Congress, we propose a nationwide mortgage strike in April 2009. By witholding their April mortgage payments, homeowners across the country will demonstrate the absurdity of rewarding those who do not meet their financial obligations.

“Under a government which imprisons unjustly, the true place for a just man is also a prison.… where the State places those who are not with her, but against her, – the only house in a slave State in which a free man can abide with honor.… Cast your whole vote, not a strip of paper merely, but your whole influence. A minority is powerless while it conforms to the majority; it is not even a minority then; but it is irresistible when it clogs by its whole weight. If the alternative is to keep all just men in prison, or give up war and slavery, the State will not hesitate which to choose. If a thousand men were not to pay their tax bills this year, that would not be a violent and bloody measure, as it would be to pay them, and enable the State to commit violence and shed innocent blood. This is, in fact, the definition of a peaceable revolution, if any such is possible.”
-Henery David Thoreau, Civil Disobedience

Thoreau protested slavery and taxes the same way we propose to protest paying for our neighbor's mortgages. Withholding payment will send a message that we, the silent majority, will not take injustice sitting down. Too long have we let policies like Obama's Homeowner Affordability and Stability Plan take advantage of us. We let the government take our money and give it to someone else because we are afraid of being cast as the Mr. Scrooges and Potters of today. We are not bad people for wanting the money we earn. We are not bad people for staying current on our mortgages. We are not bad people for holding jobs, staying out of debt, and saving towards our children's future. President Obama we are not bad people so why punish us?

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