Monday, September 17, 2012
As Occupy San Francisco Marks its One-Year Anniversary, Anti-Foreclosure Actions Abound
Robert Moses, a 92-year-old disabled veteran of World War Two, was told to "find new income" when his mortgage lender doubled his monthly payments. Unable to afford the increase on a fixed income, Moses faces the prospect of foreclosure in November. His case was one of scores highlighted today by Occupy activists, who marked the one-year anniversary of Occupy Wall Street's inception with a series of protests against mounting debt. Activists say the bottom 99% percent of Americans are downing under the weight of student loans, car payments, health care bills, variable-rate mortgages and underwater homes. John Hamilton reports.