Mon Jan 7, 2013, 10:37 AM
No Compromise (373 posts)
Pamplona's Locksmiths Join Revolt as Banks Throw Families From Their Homes in Spain
In the years of the housing boom, Spain's banks offered 100% mortgages. Now, while receiving millions in public aid, they are throwing people out of their homes. But there's a rebellion under way
Locksmith Iker de Carlos: 'It took us only 15 minutes to reach a decision. We all had stories of jobs we had been on where families had been left on the street.
He is a locksmith who refuses to open locked doors; neither will he replace their locks with new ones. What may seem a disastrous strategy for Iker de Carlos, a 22-year-old Spaniard starting out in the world of cylinders, pins, bolts and lock springs in his home city of Pamplona, is actually part of a growing civic rebellion in support of the biggest losers in Spain's five-year story of failing, mismanaged banks – those being thrown out of their homes after falling behind on mortgage payments.
Tired of accompanying court officials to evict unemployed people as banks foreclosed mortgages, De Carlos consulted his fellow Pamplona locksmiths before Christmas. In no time at all, they came to an agreement. They would not do the dirty work of banks whose rash lending pumped up a housing bubble and then, after it popped, helped bring the country to its knees.
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Response to No Compromise (Original post)
Mon Jan 7, 2013, 12:24 PM
liberalhistorian (20,345 posts)
8. Back during the Depression,
neighbors, friends and family of evictees as well as angry community members would actually hold "chain parties" where they would block police from enforcing foreclosures and evictions, especially in cases where they were families and the parents simply could not find work (who the hell could, with over twenty percent unemployment?). Too bad we don't do the same things here anymore; we're too busy bowing down at the feet of banksters.