Foreclosure Alarm Bells Are Ringing For The Deaf

Foreclosure alarm bells are ringing but the deaf cannot hear. Do they have to get louder? Millions of citizens are cowering in fear and worry as they grapple with never ending unemployment and foreclosure mayhem. On top of this are bankruptcies and bleak future for the elders and children. The American dream has vanished and politicians of all shades, not excluding the president seem to be clueless and toothless as the crisis envelops the country. They are totally out of touch with ground realities that have spread like wildfire across USA.

The Democrats have allowed a year to slip behaving like unruly youngsters over the issue of health insurance. No one in their proper mind could have thought such an ugly plan could have come out from a so-called smart system boasting the best brains. It emerged from the Senate after many months of questionable shake hands, disgusting backstage activities, horrendous payoffs and total surrender to the insurance firms and jumbo pharmaceutical entities.

Public interest came to be lost in the crowd. While the corridors of power rumbled with constant fiddling on health care issues the plight of the ordinary, especially the middle section and the poor was ignored. Even now there are no signs that the heads of either of the parties have fully grasped the gravity of the situation that made its official debut with the Great Recession in the last month of 2007.

Recent findings from Brookings Institution indicate that the fastest and biggest segments of the poor are from the suburbs. The politicians are silent on this issue because they are falling over backwards whenever they find the time between fund collection events and photographing sessions to focus on what miracles they have been performing. From 2000 till 2008 the poor people grew by 5.2 million to touch 40 million. This calculates to a spike of 15.4% among the poor – it being double the increase in the population of the entire country during these 8 years. The study excludes 2009 data when millions were battered by the recession. Thus the reality is far worse than what the Brookings numbers suggest.

Over the last ten years there have been job losses, wages have either been stagnant or reduced and equity from houses have vanished. Matters came to a head with the housing bubble. People who were under the idea they were doing the right thing by pursuing the American dream suddenly have found themselves out on the streets.

Original: Foreclosure Alarm Bells are Ringing for the Deaf

About the Author

Find Repo Homes for Sale at HouseRepos.net

Canary Wireless Smoke Detector / Alarm (Part 2)

General Alarm Plaque General Alarm Plaque $10.94 General Alarm Plaque General Alarm Plaque Bernard Engraving Co. General Alarm Plaque – GENERAL ALARM PLAQUE

Smoke Fire Alarm Smoke & Fire Alarm $16.94 Smoke Fire Alarm Smoke & Fire Alarm Fireboy Smoke Fire Alarm – SMOKE & FIRE ALARM

Bedside Alarm Clock $6.95 Bedside Alarm Clock ELGIN BEDSIDE ALARM

Spy Motion Alarm $6.95 Spy Motion Alarm

Travel Alarm Clock $19 Travel Alarm Clock

---

Comments are closed