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Tag Archives: Housing Crisis
Resolving the Housing and Immigration Crises – Simultaneously
Two Birds – One StoneBy Sid Eschenbach / The Rag Blog / March 22, 2009 Arguably the two biggest, most urgent and most complicated problems facing the Obama administration are those related to the general meltdown of the financial structure, … Continue reading
Posted in RagBlog
Tagged Financial Crisis, Housing Crisis, Immigration, Obama Administration
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Like Jeffrey Dahmer Selling Body Parts to a Clinic
Jason Mesnick and his Bachelor’s harem. Photo source: Whitney Port.The Rant ListBy Gail Collins / March 4, 2009 I am having a tough time dealing with news that the former president of Countrywide Financial, the mortgage company that did so … Continue reading
Acorn: Fighting the Banks to Counter Foreclosures
Jonathan Westin, an Acorn organizer, comforted Denise Parker, whose house was being foreclosed on, after she spoke at an Acorn training session in Brooklyn. Photo: James Estrin/The New York Times.A Bid to Link Arms Against EvictionBy Fernanda Santos / February … Continue reading
Foreclosed On? Congresswoman Says: Stay and Fight
Rep. Marcy Kaptur, D-Ohio, wants those losing their homes to stay and fight. Photo by Rick Bowmer / AP.‘So I say to the American people, you be squatters in your own homes,’ said Congresswoman Kaptur before the House of Representatives. … Continue reading
Posted in RagBlog
Tagged Direct Action, Economic Crisis, Finance, Foreclosures, Housing Crisis
2 Comments
FBI: ‘We Knew That the Mortgage-Brokerage Industry Was Corrupt.’
Bank repossession, foreclosure and for sale signs sit outside a foreclosed home in Houston. Two retired FBI officials asserted that the Bush administration was thoroughly briefed on the mortgage fraud crisis and its potential to cascade out of control, but … Continue reading
Housing Crisis: 8 Million Foreclosures in 4 Years
Foreclosures could top 8 million: Credit SuisseBy MarketWatch / December 9, 2008 BOSTON — More than 8 million mortgages could go into foreclosure in coming years in the wake of the credit meltdown as the economy worsens and the U.S. … Continue reading
Bailout Plan : Activist Moves the Homeless into Foreclosed Homes
Marie Nadine Pierre and her baby, Nennon, are squatting in a foreclosured house in Florida. Photo by J. Pat Carter / AP‘”We’re matching homeless people with people-less homes,” he said with a grin.’December 1, 2008 MIAMI – Max Rameau delivers … Continue reading
Foreclosure Chronicles : The Desperate Hours of Addie Polk
1918: Bathing suit parade, the year Addie Polk was born.1919: Race Riots in Chicago. 2008: Fannie Mae foreclosed on the home of Addie Polk; Annie Mae Polk put a gun to her chest.‘In 1970, Robert and Addie Polk bought a … Continue reading
Posted in RagBlog
Tagged African-American, American History, Bankruptcy, Capitalism, Economic Crisis, Foreclosures, Housing Crisis
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