October 28, 2007 (LPAC)--As part of an escalating national drive to get Lyndon LaRouche's Homeowners and Bank Protection Act (HBPA) passed in 2007, a mobilization is stirring up Loudoun County, Virginia, called `Housing Bubble Ground Zero' by LaRouche. The drive is not only getting people in Loudoun to call on the county or Leesburg town governments for resolutions in support of the HBPA; it is also "getting under the surface" of the nation's "richest county," with horror stories of foreclosures, unsellable speculative and residential homes, victimization of new Hispanic homeowners, and even homelessness.

Loudoun County is also site of LPAC's national headquarters, and LaRouche's home.

With a skyrocketting escalation of home prices and real estate values from 2000-2006, and plenty of Federal government employment and contracting from nearby Washington, D.C., Loudoun became the county with the highest median income in the United States in 2005 and 2006. All through that "property boom," and earlier, LaRouche warned county leaders and business interests that turning Loudoun into one huge mortgage bubble, pushing out light industry and farming, would destroy it.

Now, in late 2007, Loudoun's median home value has fallen by 6% in a year, there is a year-long inventory of unsold homes, foreclosures have leaped by 1000% for two years running, and a $100 million revenue hole has opened up in the county's $1.5 billion budget.

Today, 16 churches around the county were visited with thousands of copies of a leaflet for the HPBA, and one exposing operations by Blackwater, Inc. and its owners to try to turn Loudoun County politics to immigrant-bashing hatred. At least one man who had received the leaflet drove straight to the LPAC office to contribute support. Hundreds of county residents, contacts of LPAC, were called up and mobilized for funds and support of HBPA in the local governments, and future meetings. Sixteen people gave financial support on the spot. There was general excitement that LPAC had mobilized at the churches, and that someone was getting to what is really happening to the county, and doing something about it.

One member of the County Board of Supervisors has publicly endorsed the HBPA.

"We kicked ass today in Loudoun County," said the mobilization's coordinator, "and everybody had a great time."