A National Business Summit, sponsored by the Detroit Economic Club, will take place at Ford Field on June 15-17, 2009. Millionaire capitalists like the heads of Conoco-Phillips, Dow Chemical, General Motors, Chrysler, Humana Inc., Ascension Health, Deloitte Touche Tohmatsu, BNSF Railway Co., and PVS Chemicals as well as the presidents of the National Council on Competitiveness and U.S. Chamber of Commerce, will gather at this summit. President Barack Obama and cabinet members have been invited.

These wealthy businessmen  will put their heads together to discuss “innovation and policy ideas in technol­ogy, energy, environment and manufactur­ing.” In other words, they will be strategizing on how to further increase their profits at the expense of the ever-shrinking middle class, the vast working class and the growing millions living in utter poverty.

The National Business Summit will be held in a city with record-high unemployment and poverty rates, lay-offs, budget cuts, school closings, utility cost hikes and shut-offs and massive home foreclosures. With a registration fee of $1,495, it is unlikely that any victims of foreclosures and evictions, let alone laid-off workers, will be able to attend the National Business Summit. No one at this event will be speaking in the interests of those most affected by the economic collapse.

A People’s Summit  and Tent City is scheduled to take place on the same days June 14-17, 2009 at Grand Circus Park, Detroit, Michigan. There will be four Days of Activism and Political Discussion Strategizing for  “People’s Stimulus Plans” and an “Economic Bill of Rights” for Working People and the Poor.

During the People’s Summit, organizers will implement a moratorium on foreclosure evictions by going into the neighborhoods and supporting homeowners who are willing to confront the bailiffs. If there is a strike, demonstration or sit in, the People’s Summit will join it. The People’s Summit will confront the big-business CEOs and politicians gathering next door.

You are invited to join in the discussion on a Bailout for  people, Jobs, healthcare, housing and education for all. A moratorium on foreclosures, evictions and utility shutoffs. How to stop budget cuts and restore social services funding. How to stop tuition hikes and school closings. A Moratorium on layoffs, plant closings, pension thefts and union busting.

The coalition also wants to end racism, sexism and anti-LGBT attacks. Stop attacks on immigrants. Bailout youth and students and end police brutality and get U.S. troops out of Iraq and Afghanistan to spend money for jobs and human needs, not war

This event is initiated by the Moratorium NOW! Coalition to Stop Foreclosures and Evictions. For more information call 313-680-5508, Email: moratorium@moratorium-mi.org or visit www.moratorium-mi.org