RSN Fundraising Banner
FB Share
Email This Page
add comment
read more of todays top articles

Janna Herron writes: "The bleakest year in foreclosure crisis has only just begun. Lenders are poised to take back more homes this year than any other since the US housing meltdown began in 2006."

Nicolle Bradbury stands in front of the home she will not leave, 10/14/10. (photo: Matt McInnis/NYT)
Nicolle Bradbury stands in front of the home she will not leave, 10/14/10. (photo: Matt McInnis/NYT) your social media marketing partner


A note of caution regarding our comment sections:

For months a stream of media reports have warned of coordinated propaganda efforts targeting political websites based in the U.S., particularly in the run-up to the 2016 presidential election.

We too were alarmed at the patterns we were, and still are, seeing. It is clear that the provocateurs are far more savvy, disciplined, and purposeful than anything we have ever experienced before.

It is also clear that we still have elements of the same activity in our article discussion forums at this time.

We have hosted and encouraged reader expression since the turn of the century. The comments of our readers are the most vibrant, best-used interactive feature at Reader Supported News. Accordingly, we are strongly resistant to interrupting those services.

It is, however, important to note that in all likelihood hardened operatives are attempting to shape the dialog our community seeks to engage in.

Adapt and overcome.

Marc Ash
Founder, Reader Supported News

+8 # SkDo 2011-01-13 14:22
And guess what? The homeless population has risen. Imagine that! All these empty homes, and thousands more homeless in tent cities, just like the Haitians are doing after a gargantuan earthquake! And, just like Haiti with all the international relief money still not materializing, all the fraud and corruption involved in the foreclosure crisis has still not been prosecuted and cleaned up. And, as the article says, foreclosures are expected to apex at 1.2 million MORE homes this year!

What the hell are we doing about these frauds? Sweeping them "under the carpet" I suspect, blaming the victims, and calling for more laissez-faire banking policies. Disgusting!
+6 # Ken Hall 2011-01-13 17:03
Yeah, SkDo, and the Right is doing their fraudulent best to blame it on so-called "socialist" programs instead of the criminal chicanery and short-sighted gov't deregulation that sucked the money out of the middle class. It's so much easier to blame it on "leftists" than actually learning the facts and doing some critical thinking.
+1 # Babe 2011-01-14 01:03
In some cases, I don't see why the banks cannot let the people stay in their homes and make reduced payments. It would keep the houses from deteriorating and the banks would not have to chalk it up to a loss. Seems to me that both sides could come to a win/win situation. Those houses will turn into skeletons if left empty for months, and it would be cheaper for the banks to have home-owner "caretakers," rather than hiring someone to protect the houses.

THE NEW STREAMLINED RSN LOGIN PROCESS: Register once, then login and you are ready to comment. All you need is a Username and a Password of your choosing and you are free to comment whenever you like! Welcome to the Reader Supported News community.