My Brooklyn Report

Councilman Vann has served in office long enough to witness his constituents become the target of Ponzi schemes by unsophisticated operatives who have mastered the loopholes in New York City’s deed recording process. And having lived in Bedford Stuyvesant for many years, he’s seen Mortgage Discrimination occur in central Brooklyn in different forms: Redlining in the 70′s and Predatory Lending in the 90′s. Since his re-election, what should we expect from the incumbent?

September 15th 2008 became a day of reckoning for the U.S. economy. Less than 60 days from an historic election and Wall Street finds the crisis that’s been at the front door of Lucylla Baynes and others like her now busting through the doors of some of the worlds wealthiest individuals, corporations, governments, pension funds and sovereign nations. And the company who sold the junk investments backed by mortgages made up of predatory loans is now the proud owner of property in a neighborhood hard hit by Foreclosure. Are your elected officials familiar with Goldman Sachs role?