Underwater Mortgage Rally
Location
Join the Rally for Principal Reduction!
March through downtown Boston with City Life, Occupy Boston and a delegation from Occupy Wall St as well as MassUniting. The march will visit several Wall St. banks, like JP Morgan Chase, Fannie Mae, and, of course, Bank of America. The march will feature an "underwater" theme, representing the millions of homeowners (25% of all mortgages!) that are underwater as a direct result of Wall St. creating the housing bubble. What do underwater homeowners need? - PRINCIPAL REDUCTION! Reduce the amount owed to current real value. If that was done, we would help millions of homeowners and create 1 million jobs.
Visuals will include snorkels, flippers, masks, life preservers, blue sheet water, underwater homes, and more.




