As I have said many times - this present situation is new and unique. The only things that accompany it will be the old ones of greed,avarice and scams aplenty. This is likely to get worse and those that brought this about will feel pain too. Plenty of the rich and well-to-do were in bread lines in the 30's. The problems are world wide and this is going to be more than a recession.

Unemployment is fairly low right now, there are plenty of houses and apartments for rent. This article has Liberal written all over it.

Call me callous but the majority of foreclosures do not deserve my sympathy. I can sympathize with foreclosures due to loss of job or illness but overextending yourself is no ones fault but your own...As the saying goes, "if it sounds to good to be true than it isn't"
Live within your means and purchase within your means...

oops, meant than it is.. so much for my typing

So, Republican McBush ass-kissers have all the answers, yet for the past 8 years we have watched this country go down the tube totally. Where was McBush then?. Boasting about his 'bravery' in Viet Nam when in fact he spilled his guts to the commies. Nobody want's to talk about that little inconvenient truth.
The Republican party is a total and absolute FIASCO. Those thin lipped gits should be horsewhipped and their asses kicked all the way back to whoever was stupid enough to elect them. Our country is in disgrace at home and abroad and we are all up to our asses in debt because of the Republican SPEND AND CHARGE economic 'plan'. Look around folks....your kids are inheriting a DISASTER brought on by the Republican moronic idiots that YOU elected. Being a Jesus Freak Republican doesn't mean you are SMART.
Vinny

thanks for recognizing an idiot when you see/hear one...a hero doesn't surrender...a hero doesn't become a prisoner of war...this "hero" is not what we need for a president...a pressident?

Wow, so some of you are suggesting we return to the "high class" Democratic days of Bill Clinton? The guy who lacked the decency to hire a motel room and did her right in the Oval Office? Can't get more low class than that. You think thats OK?? Lost track of how many others in that administration did jail time or ended up dead. I couldn't care less what the rest of the world thinks of the US...their envy/cowardice/back-stabbing speaks volumes about their national agenda. Yes, the republicans have been spending..... on national security issues out of our control.Protecting our civilians.... Its got a better return than paying for the bottomless pit of social services for human dregs who have not improved their condition since the era of FDR. Think those sub prime mortages went to republicans or democrats? I think we can guess. Renters should at least be given a decent amount of notice of the home owner is in default. The bank should be obligated to do so. At the moment, no one is lined up to buy the house anyway. They are not losing anything by givin them time.

It's not just a temporary situation this time this is forever as the oil output declines. The real rulers the robber barrons never went away-Rockefellers, JP Morgan and they have outsourced real jobs, and are damn happy busting us down into the street as they were in the 1930's. They are investing in China for cheap labor,busting unions here, killing us and bankrupting competition to buy us back like they did in Germany backing Adolf Hitler. They play all sides for fun and profits and they are pure evil. 911 wasn't what they told you and GW Bush never won any election. It was a coup, and America lost tothe fascists. Tried back in the 1930's too but FDR stopped them with USMC General Smedley who spilled the beans. This time we had corrupt generals like Myers who were part of the plan. This is just the begining.

"76% of displaced homeowners and renters are moving in with relatives and friends. About 54% are moving to emergency shelters. About 40% are already on the streets"

With math like this, it's no wonder our country is in trouble. Since when did 76, 54, and 40 add up to 100%?

Vinny, take your entitlement supplied drugs and get over your ignorance. You should ask your doctor for oxygen, your brain is not getting enough. You must be a democrat voting entitlement consuming p.o.s.

damn KARL, your posting is great,i can't see why these other retards can't see it,they are still trying to figure out what happened and how to fix it...! it makes me laugh,but actually it's scary that they are so stupid,i know that good ole fashion american violence is the way to the hearts of the rich and when you got nothin...you got nothin left to lose..! eat the rich and help america at the same time..!

first let me say that the sellers must reduce the prices they are asking the buyers are there not at the todays prices prices will drop another 29% second with the intrest rates sure to go up and rates will go up with this inflation we will have michael e murphy remax voorhees