21st Pennsylvania City Demands HBPA

The City Council of Titusville last night became the 21st municipality in Pennsylvania to adopt a resolution supporting the Homeowners and Banks Protection Act (HBPA)—proposed by economist Lyndon LaRouche to attack the foreclosures crisis and financial collapse—and State Rep. Harold James' HR 418, which supports the HBPA.

The Titusville resolution is modeled on the one adopted Nov. 8 by the City Council of New Castle, Pennsylvania. One Council member assured a LaRouchePAC representative that "the Congressman [John Peterson, R.-5th C.D.] will hear about it before anybody—he only lives 6 minutes away from here."

Located in Crawford County in the northwestern corner of the Commonwealth, Titusville is famous as the birthplace of the oil industry—the first commercial oil well in the world was drilled there by Col. Edwin Drake on August 27, 1859.