Thursday, October 15, 2009

Foreclosures keep soaring as unemployment remains main cause of housing woes

The number of households caught up in the foreclosure crisis rose more than 5 percent from summer to fall as a federal effort to assist struggling borrowers was overwhelmed by a flood of defaults among people who lost their jobs.

Click here to read the rest at the Chicago Tribune.

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Another Societal Transformation: Will the Nation Survive this One?

I watched America undergo a massive transformation in the 1960s and early 70s. The streets were full of protestors against the Vietnam war. ...