Articles by Jerry Goldberg

Report confirms root of Detroit foreclosure crisis

July 2, 2015

A powerful report on Detroit’s foreclosure crisis was published in the Detroit News June 25-27. (See tinyurl.com/ncymc9f.) The articles were the product of months of investigation by reporters Joel Kurth and Christine McDonald. They document what Workers World newspaper has stated for years: The [...]

Plans made to stop tax foreclosure tsunami in Detroit

March 24, 2015

A dynamic “Emergency People’s Assembly to Stop Tax Foreclosures” on March 14 planned a series of actions to demand a moratorium on all tax foreclosures in Detroit and all of Michigan’s Wayne County. The assembly also voted to demand the release of the $251 million in unspent federal [...]

Banks bailed out — themselves

February 3, 2015

Detroit, Feb. 1 — When the Troika — the International Monetary Fund, European Commission and European Central Bank — disbursed 226.7 billion euros to Greece between May 2010 and the present, European capitalists and politicians spoke of these funds as if they were a gift to the Greek people. [...]

How capitalism ravaged Detroit

January 8, 2015

Jerry GoldbergWW photo: Brenda Ryan Excerpt from talk by Jerry Goldberg at the national WWP conference in New York City, Nov. 15-16, 2014. If anyone has any doubt that this system is overripe for a socialist revolution, we invite them to come to Detroit and look at what capitalism has done. When [...]

Retirees take brunt of cuts as judge approves Detroit bankruptcy

November 11, 2014

The “plan of adjustment” to end Detroit’s Chapter 9 bankruptcy means that city worker retirees shoulder virtually the entire burden of cuts, while the city’s neighborhoods continue to deteriorate with worsening poverty, water shutoffs continue unabated, and public workers lose their jobs to [...]

U.N. rapporteurs visit Detroit

October 28, 2014

Protest at Detroit Water & Sewerage headquarters, June 6, 2014.WW photo: Kris Hamel After a three-day fact-finding mission in the city of Detroit from Oct. 18-20, two U.N. Special Rapporteurs issued a scathing indictment of all levels of government for violations of international human [...]

Mortgage crisis continues

May 22, 2014

A new report documents how millions of people across the U.S. continue to suffer the effects of the housing crisis that began around 2005. Published in early May by the Haas Institute for a Fair and Inclusive Society at the University of California, Berkeley, the detailed study is entitled [...]

Detroit bankruptcy: WAR ON PENSIONS!

July 24, 2013

City of Detroit Emergency Manager Kevyn Orr, the figurehead named by reactionary Michigan Gov. Rick Snyder to run Detroit and usurp its elected political officials, filed a Chapter 9 bankruptcy on July 18, the largest municipal bankruptcy filing in U.S. history. Orr claims that the city is unable [...]

S&P exposed for role in banks’ mortgage fraud

February 15, 2013

A lawsuit was filed in federal court Feb. 4 by the U.S. Justice Department against Standard & Poor’s for massive fraud in its ratings of securities comprised of subprime, Alt-A and other exotic mortgages. Subprime mortgages are predatory loans with interest rates at least 3 percent higher [...]

Bancos rescatados, pero el pueblo vendido

January 23, 2013

Dos acuerdos fueron anunciados el 7 de enero en acciones legales contra los grandes bancos por abusos en poner millones de hogares en ejecución hipotecaria en Estados Unidos. Pero ambos acuerdos ayudaron solamente a los bancos, no a los/as propietarios/as. En un acuerdo, la Oficina del Contralor [...]
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