The Mortgage Crisis and 'Occupy Our Home'
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The "Occupy" movement was criticized for lacking specific goals. Now protesters against America's banks are trying to help evicted families get back into their foreclosed homes. We hear about civil disobedience and property rights, as concerns about economic inequality move to the suburbs of Southern California. Also, we talk with State Attorney General Kamala Harris about her withdrawal from the national settlement with big banks to team up with her counterpart in Nevada to investigate mortgage fraud. On our rebroadcast of today's To the Point, Internet piracy and Hollywood versus Silicon Valley.
Banner image: SEIU 721, ACCE and other organizations stand in Solidarity with Ana Casas Wilson, a disabled South Gate homeowner who is refusing to leave her home, on December 6,2011. © All Rights Reserved. Photo courtesy of SEIU 721
The Mortgage Crisis and 'Occupy Our Home' ()
Attorney General Kamala Harris has pulled out of a state and federal settlement with big banks, calling it "insufficient." Now she's joined forces with Nevada's Attorney General Catherine Cortez Masto and they represent two of the states most heavily battered by problematic home mortgages. (The state bankers association wasn't available for our program, but told us that member institutions try to work with troubled borrowers whenever they can.) We speak with Harris, mortgage and redevelopment specialists and a Marine veteran and father of four who "reclaimed" his dream house in Riverside yesterday, as part of the "Occupy Our Homes" action nationwide.
Photo: Art de los Santos, who re-occupied his foreclosed home in Riverside. Photo by Tracy Lee Silveria, SEIU 721
- Kamala Harris: California Attorney General, @KamalaHarris
- Arturo de los Santos: homeowner
- Rick Sharga: Carrington Holdings, @ricksharga
- Peter Dreier: Occidental College, @PeterDreier
Internet Piracy: Will SOPA Change the Web as We Know It? ()
There's a major battle on Capitol Hill involving big money with Republicans and Democrats on both sides of the issue. It's all about Internet sites that profit from stolen movies and music. Movie studios and music producers say copyright theft is costing them $58 billion a year. They're backing laws proposed in the House and the Senate to give the Justice Department the power to shut down websites that profit from stolen material. The Internet industry says it's concerned about piracy too, but it claims the proposed laws are a real threat to freedom and openness on line. Can that material be protected without destroying the freedom that makes the Internet so important to so many users?
Photo: Netflix is one of several companies that's threatened by Internet piracy. Photo by Justin Sullivan/Getty Images
- Markham Erickson: NetCoalition, @mcerickson
- Sandra Aistars: Copyright Alliance, @copyright4u
- Rebecca MacKinnon: New America Foundation, @rmack
- Robert Levine: journalist and author, @RobertBLevine_
Which Way L.A.? is made possible in part by the Ralph M. Parsons Foundation, the Rosalinde and Arthur Gilbert Foundation, the Nathan Cummings Foundation, and the John Randolph Haynes and Dora Haynes Foundation, which supports study and research into policy issues of the Los Angeles region.
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