Los Felizians Unite Against Home Foreclosures
May 3, 2010 Community, Real Estate
Members of the Silverlake/Sunset Junction chapter of the “Coffee Party” protested outside Bank of America at 2420 Glendale Blvd. on Sunday, May 2, 2010, against local home foreclosures, performed by big financial institutions that have benefited from what amounts to corporate welfare. The Coffee Party is a political movement that evolved as a response against bitter rhetoric and gross representations of the major Tea Party protests, covered continuously by the major news outlets. The Coffee Party, in turn supports lively political debate amongst elected officials and citizens alike, but also believes those discussions should be civil. The Silverlake chapter of the Coffee Party is one of the first and most well-established gatherings of this nationwide movement. As Coffee Party members began to see Wall Street reforms becoming hotly contested between Democrats and Republicans in Congress, they also watched local families being evicted from their homes, from banks that received hundreds of billions of taxpayer dollars in bailout funds. Meanwhile average people suffer throughout Los Feliz, as well the rest of Southern California, and indeed the rest of the country. Beginning at 12:15 pm, Coffee Party demonstrators arrived in front of Bank of America with handmade placards with sobering statistics of the number of homes closed on local city streets. Two homes on Lemoyne St., Four homes on Lake Shore, etc.. 15 Energetic Coffee Party protesters chanted to, “Regulate Wall Street! Bail out Main Street!” with local drivers honking their support as they drove by. \Fliers were passed out on the street to passer-bys, informing them of an important issue that impacts the country, as well as their very neighborhoods. The protest began to wind down at 1:45, with seven die-hard Coffee Part members remaining. Whether their actions will have any impact remains to be seen, but it’s clear that as the Coffee Party watches decisions that affect citizens in Los Feliz, they will be an active voice in defense of their community. 
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Reuel Castillo is a guest writer who is a Los Angeles native and is currently attending Los Angeles Valley College as a Political Science major. He grew up in the communities of Los Feliz, Silverlake, and Echo Park, and maintains a connection with those areas today. Reuel is also an avid observer of national politics with a keen eye for relating debates on the national scale and distilling the consequences for local individuals. He has registered politically for both major parties in the past, but holds a current affiliation with the Democrats, and was a volunteer for the Obama presidential campaign in 2008.
The opinions, views, and ideas of the writer, whose name is included, do not necessarily represent the opinions of www.LosFelizToday.com
Comments (7)
The phrase ‘two wrongs don’t make a right’ comes to mind. And I wouldn’t exactly call loans that are getting repaid in full ‘corporate welfare’. It’s when the loans don’t get repaid that they become welfare. Forgiving foreclosures is welfare.
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