Is it the homes- or the people we’re worried about? Foreclosure crisis

The redistribution of wealth continues. Foreclosing on people who at one time were making payments, but stopped because of job loss due to the economy, is going to come back and bite us all in the backside. These homes are taking huge drops in value- and while the “capitalists” among us say that’s a market Read More

If the Fed won’t fight the foreclosure mess- maybe the people will

While waiting in my second line for a new iPhone yesterday, I saw the front page of the Cincinnati Enquirer (refreshingly- a newspaper with real news on the front page) which had this article: Price Hill residents sue bank | Cincinnati Enquirer | Cincinnati.Com A Price Hill group sued an international bank Thursday, saying it Read More