During the boom years, all you had to worry about was the color to paint your home. Everything else was just great as house values kept on going up, releasing ever more housing equity as collateral for your loans. Now we have a recession and a wave of foreclosures has been sweeping across the land. [...]
Wherever you look these days, it’s all bad news. More unemployment, more foreclosures, and more instability in life for simple people. This month has seen President Obama sign the new Stimulus Package into law, but that is somehow a bit distant. New laws may sound great, but it takes so long before we all get [...]
Wherever you look right now, there is bad news on the economy. Unemployment higher than for the last twenty years and more. Personal levels of debt almost unmanageable. Foreclosures crashing like waves on the suburbs and exurbs, washing away property values. However you try to spin it, this is a bad time. Some people have [...]
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