Occupy Wall Street Stealing From The Poor to Give to Themselves!

It is more common everyday. A man buys a house, the market collapses and suddenly his house is worth less than the mortgage, then he loses his job until, as a single father, he finds himself in foreclosure with no place to raise his two preteen daughters. It’s a case made for the Occupy Wall Street movement to swoop in and right wrongs, right? Maybe not because the OWSers in New York stole this poor guy’s home away from him in order to give it to one of their own members. Confused? Read on.

A Brooklyn man living in an apartment with his two daughters was alerted to the fact that his in-foreclosure-home had been broken into and occupied by Occupiers, as in Occupy Wall Street activists. When he rushed to his home he found a group of strangers that had broken into his home claiming to have “reclaimed” the house and given it to another family.

“They’re trying to take a house and say the bank is robbing the people because the mortgage is too high — so contact the owner!” fumed Wise Ahadzi, 28, who owns the home at 702 Vermont St. in East New York.

Apparently Ahadzi had bought the house in 2007 for the princely sum of $424,500 but during the housing bubble of 2009 the house ended up being worth only half that. Then, when he lost his job and got behind on the mortgage, the bank foreclosed on the property.

Enter — illegally, mind you — Occupy Wall Streeters who discovered the home in foreclosure and decided that they’d steal it away from “the bank” with the ostensible goal of helping the needy.

Ahadzi is rightfully indignant that they didn’t contact him so that they could help him retake possession of his own house. Ahadzi also asked why they didn’t try to help him and his two daughters to which the Occupiers claimed he “didn’t qualify” because he wasn’t in their group. “Why can’t you fight for me?,” he wondered.

So, who did they want to “give” the house to? An organizer for VOCAL-NY — a gay rights activist group. A fellow with a job and one that belongs to their own group, yet.

Worse, when Ahadzi got to his home he discovered that the Occupiers had taken all his personal belongings and shoved them in a pile in the basement and then began to tear out walls and “remodel” the place, spending, they claimed, over $9,000 in the effort.

This isn’t a lone incident, either. It is apparently an idea that the OWSers are going to try and push nation-wide. At a recent Chicago OWS rally, for instance, a purported Lutheran pastor preached an OWS sermon urging OWSers to do the same thing in the Windy City.

John Ruberry attended the speech and notes that Reverend Tom Gaulke told those assembled that they were going to repeat the New York efforts.

“We will be supporting a homeless family in reoccupying a vacant house,” the reverend claimed.

As Ruberry notes, this is called trespassing.

So, what have we learned form this? We’ve learned that OWS is not altruistic in anything they do even as they claim the mantle of Mother Theresa — well, Mother Theresa if she engaged in rapes, drug abuse, deaths, racism, anti-Semitism, property destruction and general lawlessness, anyway.

We’ve learned that, like any self-interested Wall Street Banker, the OWSers only want to enrich themselves and help their own members. They aren’t really interested in helping defend the poor and downtrodden. Just helping themselves.

Appearance by Andrew Breitbart Employee Canceled By Illinois Policy Institute
First Session, 112th Congress sets new record for non-achievement
  • retired.military

    But Chico says it is okay that they break the law so everything is just fine.

    I am glad I live in Tx where if our home or bodies are threatened than we can resort to deadly force. I am sure the OWS would unoccupy the house very quickly if a homeowner showed up with a gun.

    The OWS should be sued for the damages and anyone in the house should be charged with trespassing and forced to pay restitution.

    • Wow.  Took the words right out of my mouth in that middle part.  🙂 (Except I don’t live in Texas.)

  • GarandFan

    The OWS crowd definitely “takes care of their own”.  Proles need not apply.

  • JWH

    I am curious about one thing — according to the article, Bank of America confirmed that he is the rightful owner of the house.  But is he the rightful possessor?  That is, does he have the right to occupy the house while the foreclosure process is ongoing?

    • LiberalNightmare

      Regardless of whether the owner (mortagee?) has the right to occupy the house, by what stretch of logic does the OWS crowd have a right to occupy the house?

      • JWH

        I didn’t say OWS had the right to occupy.  I’m just curious what rights the homeowner has to possess the dwelling.  So far, I’ve only seen information from the homeowner (via the New York Post) and from the squatter (via Gothamist and VOCAL-NY). 

        When something like this comes up, I just want to know the whole story.  

        So far in this story, I think Bank of America is the most sympathetic player.

      • JWH

        One more note:  I’m curious about the mortgagees rights for another reason.   Meiji’s comment below notwithstanding, let’s assume that for whatever reason, the owner does not have the right to occupy the unit.  In that case, this would be a spectacle indeed!  The owner (while the owner) would be enraged that rather than help him illegally occupy the house, OWS helped somebody else illegally occupy the house.  That would take the whole affair into farce.  

    • retired.military


      I am buying a house right now and was talking to our lender about the OWS situation.

      In some states the lender has “recourse” if they foreclose.  If someone borroews $400k for a house and it is repossed when they still owe say $350k.  Then the bank sells it for $200k to someone else.  They can still go after the original owner for the remainder of the loan.  Just like if you get a car repossessed.  It doesnt automatically wipe out your obligation for the loan.

      If this state is one of those states than I can see why the person wants to protect his investment.

    • The owner does not have the right to occupy a house in foreclosure, however the owner generally has a one-year “right of redemption” to try to recoup the house. This period varies by state.

  • JWH

    FWIW, here’s a statement from VOCAL-NY.  

  • Meiji Man

    @JWH:disqus: Yes he does. There is the chance that BOA stopped proceedings because they don’t want the property yet. This way the taxes and upkeep go on the homeowner. 

    • JWH

      Thanks.  It doesn’t make dispossession, vandalism, trespass, and squatting legal (let alone right), The VOCAL-NY statement implies that there’s a bit more to the story.  It sounds to me like the property was allowed to go in the direction of blight for some reason, though I’m not sure what.

      I certainly don’t think of the OWS folks and their fellow trespassers as any sort of heroes.  They’re squatters, pure and simple.  But at the same time, I’m not ready to call the rightful owner a hero of the free market (or anything else) for that matter,

    • JWH

      And my question is an honest one — I really don’t know how foreclosure works in New York.