Monday 30 August 2010

Inside Top Secret America: A major investigation reveals the extent of America's vast and heavily privatized military-corporate-intelligence establishment.

Desperate homeowners line up for mortgage modification marathon: Before dawn, with a plump white moon overhead, a line of desperate home owners trailed around the outside of the building. They slept in beach chairs or on blankets on the ground, refugees from a bad economy, bad loans, or bad decisions.

12% of Houston homes underwater: About 12 percent of residential properties in the Houston-Sugar Land-Baytown are underwater, according to a recent report from financial and real estate data provider CoreLogic.

Housing's new nightmare: In another ominous sign for the economy, the number of people falling behind on their mortgages for the first time is on the rise.