Due to the lifting of the foreclosure moratorium at the end of March, the downward slide in housing prices is gaining speed. The moratorium was initiated in January to give Obama's anti-foreclosure program---which is a combination of mortgage modifications and refinancing---a chance to succeed. The goal of the plan was to keep up to 9 million struggling homeowners in their homes, but it's clear now that the program will fall well-short of its objective. http://www.globalresearch.ca/index.php?context=va&aid=13283
Video: Ron Paul Speech at Wake Forest 4/20/09 - Posted April 24th, 2009 by Guardians_of_th...
Bailout Indignation - by RALPH NADER - How about a test of your injustice barometer?
You might think that the reckless, avaricious, giant corporations, having shrunk the economy, cost millions of jobs and then demanded that taxpayers be dunned for years into the future for multi-trillion dollar bailouts, would show contrition, regret, or self-restraint of their power over Washington...... Without the rumble from the people back home, a majority of the 535 members of Congress will continue to kowtow to about 1500 corporations and you’ll pay the price again and again. So, rumble, rumble, rumble!
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