Occupy

Submitted by lmcshane on Sat, 10/08/2011 - 15:39.
Occupy

Profit for the 1%

The Land Bank is a scheme designed to benefit the wealthiest 1%--taking property, destroying property, so that investors can cash in on the future sale and development.

Demolitions at taxpayer cost--with no oversight or accountability. Be MAD, BE VERY MAD:
http://www.wkyc.com/news/article/209783/45/Cleveland-Neighbors-worry-about-debris-left-by-home-demolition

Rokakis and Frangos have known all along that there is a gaping loophole in Ohio law, which allows properties to transfer with outstanding liens unpaid.  This has provided a free-for-all for flippers aka "investors."  Rokakis never wrote legislation to stop flipping.  He only legislated the "Land Bank," so that the weathiest 1% could continue to feed off the bloodbath.

And, prior to "his" land bank legislation, Rokakis legislated the exclusive sale of tax liens to Plymouth Park aka Xspand and GLS Capital.

The evil of this scheme is most apparent in East Cleveland and in the "Forgotten Triangle."  Cleveland Plain Dealer and GCP  is in collusion with Frangos/Rokakis--as they head the Bond Accountability Commission/Transformation Plan and Opportunity Corridor.

Juan Williams "Muzzled" by NPR at City Club

 
Tomorrow--Monday October 10th

http://www.cityclub100.org/speakers/juan-williams/

Header image photos taken by Lily Miller

and should be credited as such. It is generous of Lily to share these photos, and as we all own our own content, Lily owns these. When her photos are used, they should have some attribution.

We are the 99%

Photography displayed here belongs to Lily Miller, but she has approved use of the images for REALNEO:

For publication elsewhere, please contact Lily directly at:

http://realneo.us/users/lmiller

Images were compiled for the header using the free photo software GIMP.