home prices continue to decrease

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That's bad news if your stuck in a mortgage and your property has lost value. Good news if you're a buyer. Time to play musical chairs? Or time to demand that we be able to write down our mortgages the way were supposed to when the banks got the TARP money? That would be a sort of bailout for many. Those whose pensions are affected by all this should be eligible for special conditions.

http://finance.yahoo.com/news/us-home-prices-drop-6th-130235133.html

nimblecivet's picture
nimblecivet
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Jul. 31, 2007 3:01 pm

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The Death of the Middle Class was by Design...

Even in the face of the so-called Recovery, poverty and inequality are getting worse in our country, and more wealth and power is flowing straight to the top. According to Paul Buchheit over at Alternet, this is the end result of winner-take-all capitalism, and this destruction of the working class has all been by design.

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