Archive for October, 2008

Lisa Ling has a story for KCET – a television station California – on what one might call the ground-level logistics of the foreclosure wave that’s sweeping through the the state’s recently erected cul-de-sacs and tract developments that is definitely worth watching. Ling shows three different links in the post-foreclosure link: The so-called “trashout,” which [...]

To pave the way for the $700 bailout of the Whoever Is Going To Get The Money Industry the Bush Administration issued a statement that contained the following passage: If the financial markets fail to function, American families will face great difficulty in getting loans to purchase a home, buy a family car or finance [...]