Wednesday, 31 March 2010



By David Glenn Cox

RealtyTrac, the California-based authority on property trends and valuations, projects 4.5 million home foreclosures before the end of this year. Continue



By Jeffrey Feldman

Concentrations of homeless people are nothing new in America, but recent BBC and Los Angeles Times reports depict a rising trend of shanty slums, such as a "city" of newly homeless people living in tents near the Ontario airport in Los Angeles. Continue


Workhouse Nation

By Vi Ransel

The wage slave system wasn't escape-proof enough, so we've been enclosed within a fence of debt from which there is no escape.  To that end wages will be halved - again.  Foreclosures strictly carried out.  Insurance for health, like that for cars, will be mandatory.  Unions have already been neutralized, reduced to shells of their former selves.  Free speech is relegated to zones behind barbed wire fences policed by minions of mammon armed with gas, guns and tasers. Continue



Obama home-foreclosure relief: Do I qualify for a mortgage refinance?: Here's a quick take on who may be eligible under the new home-loan programs, which include aid to borrowers who become unemployed and incentives for lenders to reduce loan balances for underwater borrowers.