now right here on r.t. question more. already i was you are we were all right. we. know. was. over your was through was it was. in the services go. through. this.

was. was. there are your question transition or coercion beat than they should stand for the area i guess right we're going to come and. powell was focused on september first and two weeks ago they put a note on my property saying that it was abandon and vacant and that they were going to ten of the water showed up here and chosen two days august they can

because they would never need to put in a note to let me know on the door four bedroom on the first floor the main tool and business school added that he's not go report him and his sense of states. that you have a view. see i did only tiling myself also and so for like apartment upstairs this is like four bedroom on this floor this is. there was another gradually at that destroyed there was one here in the back that they took down i bought it in one nine hundred ninety seven for eighty thousand dollars and now. their land under the house is worth half a million because it's rezoning. and

it is very typical. when we are being foreclosed we feel guilt we feel shame we feel inadequate and inferior thinking gee how come i couldn't take care of my finances knew better how come i didn't read that deadline why did that progress need. brokers made more money steering borrowers and to loans that cost more riskier loans made for a better return and so there was no reason for them to give someone a decent loan when they could make so much more money giving them a bad one a lot of us do not understand the nice trade language. redefined prints especially you know people we carried away is able like. this like i am although. in our academic education. it becomes difficult at

times to read all the specifics about very complicated. were plentiful rescission of the six cent gone a return of tyrone. me. to mission will hate it he sat. so the property is a shiny mine is back in my hands thanks see the trash signed it on trashed two thousand.

than now is not the american dream now no. not for me if i have the money i go back mexico i don't know just a movie by will smith corner pursuit happiness we use myself to what is no border so my son might not be i'm not i don't think it'll be

a cell phone like that before dad kind of crash we have a good gap and we pay out of me like everybody has like you know do you guys have an x.-ray car but when the climate crashed i lost my i have and i had dad and i may have enough money to pay my bills so i came here i think a. couple bought a week or so before christmas and that was very interesting too because it is christmas and we got a present for my son i didn't think i would a good christmas good i might follow we now call on the street could we walk us through or right around a corner you've got you've got people on the ground that's homeless to me that's sas cold outside so i might we both yes we we both know we hopeless but not really we got it we got a silver haired old well you know what what have the we lost the family hope i

would if they were brother from the wow did not you know company here so. i'm here tonight two kids are. kind of tired of this situation they had really wants to have their own place. and. i do my best to get in a. letter when i go back turner assured us saying dad is getting a brownie and. everybody goes is not i want to get a house for them around is now that is syrian army yeah you know. it's you know. i'm like someone's gonna love it i don't want to know what i was going. on move for my kids. i still believe in the american dream because without a vision the people will perish. so i still believe in him the dream

i'm living the dream i'm back in my home and i'm fighting for others to stay in their homes in san francisco they have a waiting list of twenty seven thousand people i'll send out again they have a waiting list of twenty seven thousand people you know i have a nothing but respect for president obama but you know. it really needs to provide some real hope and some real alternatives to people that have done nothing wrong i don't do drugs he doesn't do drugs you know we're clean we're respectful were intelligent human beings so why didn't you clean respectful intelligent human beings cause to live in one room for the rest of their life for the majority of their life rather than are you know i'm upset and i just said that they are you

know i don't know if you haven't heard of the plantation then a mix when people have been reduced to slavery and then exploited and all their life some of them sway away from war and i mean that's what we suffer from in all poor neighborhoods of color in the in the in the nation is the deep psychological trauma that the plantation mentality and so. it's actually provide of them of what they call the matrix of willie brown who is a former mayor who was. a grad mayor brat who totally sold out to the system as soon as you were elected in no book no hard play trust fact he read because when he was elected my son was in graffman did a block party here to celebrate the first black mayor of the united states and as soon as he was sworn into office he made the statement i do think that

gentrification is a bad idea for san francisco and he sold us out to the developers right thing and. they were a man is doing things that are not to have me the class people sort of like everybody says and the people who work in our government and business day. in two thousand and eight the house of cards collapsed. we learned that mortgages had been sold to people who couldn't afford or understand. banks and made huge bets and bonuses with other people's money. regulators had looked the other way or didn't have the authority to stop the bad behavior. it was wrong. it was irresponsible. and it plunged our economy into a crisis the put millions out of work saddled us with more debt and left innocent

hardworking americans holding the bag for years jennifer fried inbox has been assisting in organizing the new poor created by the ambition of a financial system without rules she's the director of the coalition on homelessness a center for the protection of social rights so typical day we might be you know having meetings with homeless people do it outreach in talking to folks working on media communicating with people via e-mail maybe trying to go down to city hall and try to you know like right now are working on legislation that they're really. doing this is the richest country in the world or just feel like. we're against poor we should have a protected class or like you know we are the poorest we don't have we're just really i mean. they are of course by leaving. us to

serve house and that she. will sleep on the street all right we have thirty six thousand. people good night. on the list public housing twenty two thousand people. believe housing breakdown yet not for these people and because i don't know what iraq is because probably more important. i think that you. know there's no exact numbers on how many people exactly are homeless in san francisco but the latest homeless count showed there was around six thousand at a point in time count but it undercounted families there's probably another two thousand families on top of that another couple thousand news so we know that there's about twelve thousand every year that are trying to seek shelter in san francisco so we don't have exact now. burrs but you know somewhere between six and fifteen thousand people without a regular place to call home. choose

your language. of choice because with no infidels going to stay still some of us. choose to skip consensus get to. choose the opinions that immigrate to.

choose the stories that imply the life choose the access to your office or. the news today violence is once again flared up. saying these are the images the world has been seeing from the streets of canada. giant corporations are all today . preparations for the first woman cosmonaut was strictly classified. even her own mother knew nothing of the imminent extraterrestrial voyage during her second dog which there was

a terrifying and unexpected emotions. one wrong move under siege may never have returned. she later i'm a regular sleaze survived an assassination attempt this right at my side of the car nine bullets were found on the my seat valentino telescope a seagull in space see. however

at the break of the recession we had this huge surge where we had a tripling in the number of families who were on the wait list for shelter and that reached the highest point ever about a month ago we had a increase in the number of people who were single adults who were homeless about a fifty percent increase there we have about sixty percent of all the people right now seeking shelter are homeless for the very first time in the united states especially of plays a very central role because it's this very much this culture where if you just work hard you can get ahead and that there's this idea then that if they if people

aren't able to get ahead that it's their own fault. but they have missed a lot of processes like there's been cases where people we've talked to where people are even given a foreclosure notice and they get evicted or the house is sold an auction they

don't know anything about it and so you know that's illegal however there are many of these laws unfortunately. are there all civil violations so there's no regulation around them from the banks to whatever the hell they want about a month behind at that point with a rural loan services and i really approached them with the with an effort to find out what were my options so what they told me i should do is to they offered me a loan modification of september it was a friday it was about two thirty after not never forget it actually was two thirty four to be exact i read actually the. call telling the lawyer. and i said where is the paperwork that you're supposed to be sending me that says that. the cell date was

stopped. and she told me. that the sell date was solid well september thirteenth huge and tell one day i was getting ready to leave the city for a few hours and my phone rang and they told me are you justifying tolbert as the i am we stay we are the new owners to use what they state we are the new owners i thought it was a bad dream or something i would try and hit myself to wake up here they sold the house to. the new owner and the new owner. what i had left to go as i said i'm a day care provider i went to drop all of my granddaughter to school when i came back of a saw a lot of people standing in front of my gate where they had changed a lot so my gate i could not get into my house. with the increase of

insolvency procedures coming on to the desks of bankers credit institutions decided to take a much shorter and easier way to deal with the amount of paper robo signing with this method they were able to fake signatures needed in documents to proceed with foreclosure practice they can do all this without even looking at the papers every bank when they're going through foreclosure have to go through a process right in their laws that actually. they don't monitor but there are laws that they're supposed to abide by however most banks are don't follow by that because there are so many foreclosures that they're killing at the same time one of the big ones is something called robo signing.

what they found. you are potentially thousands of foreclosures that were simply just being rubber stamped with no evaluation of the documentation or. the note maybe the foreclosing party didn't even have a right to foreclose so when that broke in the fall of two thousand and ten when that story came out everyone to know we've got to stop the foreclosures because we don't know if these are right or want to foreclosures because no one's reading the paperwork.

so we're here to defend the right to housing which is why we've had a campaign against wells fargo in the big banks have been foreclosing on people. was. going to. work here today is january twentieth and we're out here in san francisco with lots of people protesting for lots of different reasons it's part of the occupy movement but also a lot of people are out here that have been organized in struggle here in the city

for their rights for housing rights for tenant rights for all sorts of things before the occupy movement really coalesced like last year. the crime of false witnesses in economic fraud linked with the scandal of robo signing was acknowledged by a government agreement it was altered in a fine of twenty billion dollars to be paid by the banks a subsidy of only one thousand eight hundred dollars was due to those who had seen their houses illegally foreclosed. and now we've got and there was an investigation and a recently announced

a national mortgage settlement which addressed it was a as a result of the ruble signing scandal. and. it's it's tough to think about. all of the homes that have us. and to know that some many of them may not have only been lost due to loan should never been made but they're also due to foreclosures that never should have happened. after the wave of junk loans new forms of debt have arisen. you can find payday loans are everywhere in the poor areas of the city these are small loans to be repaid within two weeks and are backed up by a salary or welfare check. the annual interest rate is more than three. there are more than twelve million americans trapped in this form of loan

advertised as a simple and quick solution. but i think that payday loans are particularly. attractive for people who are living paycheck to paycheck because they're everywhere they're easy to get you don't have to go through a credit check and it seems very simple but the problem is that the entire mountain is borrowed is due in two weeks and so our problem with payday loans is that interest rates are extremely high three hundred sixty percent four hundred percent four hundred sixty percent really high numbers.

low pay and so many lenders get financing from banks and what we've seen happening lately the last few years is banks actually offering payday loans themselves so wells fargo which is headquartered there and says go us bank third bank these are all banks to offer should pool digit entrance loans to their customers and essentially it works the same way as a payday loan you go where no credit check they put the money directly into your account and then as soon as you get a direct deposit they take everything out. and if it looks like a you know we say in this country that looks like a duck and it quacks like a duck it's a duck and so you know these banks are offering essential when enough to to pay

. wealthy british style. is not on trial for. the markets why not and so for scandal find out what's really happening to the global economy with max concert for a no holds barred look at the global financial headlines tune into kaiser report on our. download the official application to yourself choose your language stream quality and enjoy your favorites from alzheimer's if you're away from your television or it just doesn't

matter now with your mobile device you can watch on t.v. anytime anywhere. i would rather ask questions to people in positions of power instead of speak on their behalf and that's why you can find my show larry king now right here on r.t. question more.

will be very. very. good. thank. you and i think. seriously very very. thank. you if. i was. in. albany you actually moved the move.

they're going to standoff riot police break up large crowds of protesters in ankara with tear gas after prime minister aired on urges an end to ongoing protests within twenty four hours. strikes in rallies held in greece against the shutdown of the state broadcaster to cut costs but there's little coverage as no one's on air to report it locally. iranians readying dad to the polls friday we look at how the presidential race in the islamic republic is different though from those in the rest of the world. three pm in moscow.