Occupy Foreclosed Homes claimed victory when by demonstrating in front and inside one of the branches of Chase in Redwood City, on behalf of a septuagenarian woman. They managed to postpone the sale of the house for two months. Gloria Takla, would be given a chance to modify her loan – something she had been trying in vain for nearly last two years.

The anger against inequality, austerity measures, joblessness and foreclosures is increasing. The banks alone are not responsible for this cancer that has spread through the polity but it has come to be symbol of the malaise. In truth the entire system is rotting but the banking segment is just the cog in the wheel.

Norwich City is foreclosing on many properties owned by Janny Lam, a noted downtown developer. Lam contends that she has been trying to sell a few of the 26 properties that she owns to come out of the debt. Lam more than $300,000 in taxes.

A media interview with Tom Borgers – the man in charge of fraud investigation by FCIC reveals certain startling facts. The findings of the investigation show staggering fraud to the tune of trillions of dollars but till now none of the top brass has been prosecuted. In the previous Savings & Loans scandal hundreds of bankers had been imprisoned.

Vallejo City is in the grip of increasing foreclosures and squatters. Without tracing the owners and their active help the police cannot do much. This has led to formation of neighbourhood watch groups by the hundreds that have the right to sue the owner on community living standard issues.

The Salvation Army has been helping the needy for the last 120 years. The crisis has affected them. Donations are low. They are appealing to those who have, not to forget those who have not. Their good work does not end with the end of the festive season. They want the people to get back on their feet.

The Occupy movement in a well orchestrated manner is shifting its focus to the indoors by putting homeless families inside homes, disrupting foreclosure auctions and putting pressure on banks to fix the economy by reducing principal on the loans. It is hoped that action day kicking off on 6th December will give fillip to the movement.

There has been a sharp rise in numbers of school children enrolling for free or subsidized lunches. The main reason has been the foreclosure related crisis. But there are other factors at play – one being direct certification. In 1946 Congress had enacted the National School Lunch Act following World War II.