Persisting Foreclosures and Unemployment Together With Tumbling House Prices Troubling Retirees Again
Wednesday, April 13th, 2011
Tweet Although the group of retirees who have been saving have somewhat recouped their losses from investment from what it was one year previously, the financial woes that are continuing, thanks to fallen house prices, foreclosures and unemployment are compelling them to hunt for loans and make withdrawals from the 401(K) plans. These were the [...]
Foreclosures Coupled With Staggering Unemployment Numbers Have Decimated the Middle Class
Friday, April 1st, 2011
Tweet Foreclosure coupled with staggering unemployment numbers has decimated those who were once the middle class. The ranks of the poor are swelling while the middle class are sliding down. Rev. Jesse Jackson threw a challenge to the urban policy being undertaken by the government across the country. He said that the fight against it [...]
Surviving In and Out of Foreclosures and Employment in Palm Bay
Wednesday, March 9th, 2011
Neither foreclosures nor unemployment could snuff out the fight in Terry Milam of Palm Bay. He has set up his own electric supply and is living without many modern gadgets like microwave oven or refrigerator. Using parts of a ceiling fan he is generating wind power and surviving.
Unemployment is Feeding Foreclosure Fires
Thursday, December 23rd, 2010
Tweet It is unemployment that is feeding the burning fires of foreclosure that are refusing to subside. Nioma Conn had purchased her house on Independence Avenue, Portage in 1988, together with her husband Bob. It is a two storey building located in northwestern part of the city. After the death of her husband she has [...]
Foreclosures and Unemployment Making Tough Times Tougher But the Left is Mute
Thursday, September 16th, 2010
Tweet Foreclosures and unemployment are making tough times tougher – much more important than any mosque issue. But the left remains mute and silent. In the third week of August there were 500,000 fresh applications for unemployment benefits. Temporarily the stock market may be recovering but the atmosphere of fear has pushed out many small [...]
Foreclosures and Unemployment are Leading to an All Pervasive Fear
Tuesday, August 31st, 2010
Tweet Foreclosures and unemployment are leading to an all pervasive fear that is crippling the housing sector. But hope refuses to die down. Lawrence Yun of National Association of Realtors said, “The pace of a sales recovery could pick up quickly”. Recently the figures released by the association were frightening. Sales had decreased by 27% [...]
