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Foreclosure Wasteland

Mike

Well-known member
http://www.businessinsider.com/satellite-tour-foreclosure-cities-2011-1#20-boise-idaho-1-in-21-homes-in-foreclosure-the-red-dots-show-foreclosures-1
 

Steve

Well-known member
bonus-usa-1-in-46-homes-in-foreclosure.jpg


while the first slides look like formally popular real estate markets gone sour.. Calif, Fla, Phoenix, Nevada..

a look at the large picture.. it looks like popular liberal areas gone sour..
 

sweetbasil

Well-known member
Mike,
It is an interesting picture of what is happening throughout the country. I see so many homes for sale where I live, and my county has a high level of foreclosures. Sometimes I wonder if our congress has forgotten about this problem and its effect on the economy as a whole.
 

Mike

Well-known member
sweetbasil said:
Mike,
It is an interesting picture of what is happening throughout the country. I see so many homes for sale where I live, and my county has a high level of foreclosures. Sometimes I wonder if our congress has forgotten about this problem and its effect on the economy as a whole.

With Chris Dodd, Franklin Raines, & Barney Frank getting off the hook, it shows they don't care.

The bankers lured homeowners in with the American Dream & took advantage of them.

We should have taken that money spent on the "Stimulus" sham and paid off all of the lower priced mortgages held by U.S. citizens.

Banks make big money on foreclosures. It ain't about to stop.

Here's how:

http://www.youtube.com/watch?v=yJmjf_gZOUs
 

sweetbasil

Well-known member
Mike said:
sweetbasil said:
Mike,
It is an interesting picture of what is happening throughout the country. I see so many homes for sale where I live, and my county has a high level of foreclosures. Sometimes I wonder if our congress has forgotten about this problem and its effect on the economy as a whole.

With Chris Dodd, Franklin Raines, & Barney Frank getting off the hook, it shows they don't care.

The bankers lured homeowners in with the American Dream & took advantage of them.

We should have taken that money spent on the "Stimulus" sham and paid off all of the lower priced mortgages held by U.S. citizens.

Banks make big money on foreclosures. It ain't about to stop.

Here's how:

http://www.youtube.com/watch?v=yJmjf_gZOUs

We won't get out of this crisis if all that we do is let our politicians fight with one another; and not make them accountable for the mess that they have created (Democrats, Republicans, and Independents) they all contributed to the failured of our economiy.
Yes, banks make a lot of money on foreclosures, so it is a win-win situation for them. At the rate that we are going, it seems to me that we won't be a "United" States but rather we become "Divided" States. I believe the whole is great than its parts, we must come together to be able to maintain a dominating stance in the world.
 
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