This is a period of malaise in the nation and in my personal life. Today’s news is that 100,000 homes were foreclosed on in the month of October. I guess the dire foreclosure predictions of two years ago are coming to pass. Now the banks are getting dirty. They are going into people’s homes and changing the locks while they are still living in them. Or people will be off on a two day trip and they will smash a window and break in and ransack the place. Often they are illegally foreclosing on homes while other options are still in play. Often the owner believes that a renegotiated loan is under consideration. Some say that banks may be working against their own best interest in foreclosing on so many homes. Obviously this situation will depress real estate prices in a neighborhood so that the innocent suffer with the guilty. Of course the Republicans seem to have the voting public well trained, like dogs. They are taught to react to certain stimuli. For instance proposition 24 is a “jobs tax” rather than a redress of a bill that gave away billions to the very richest among us. We are all conditioned to believe that any tax cut is good and any tax hike is bad. We are all conditioned to see ourselves as the richest two percent of Americans. Now the hot item is these pensions that State employees enjoy along with early retirement at 55. This may just be the issue that hangs Jerry Brown next month. You can’t call Meg Whitman a whore even if she is one for buying out the police union by exempting them from pension cuts in exchange for campaign donations. We are told proposition 25 is bad because it ends budget gridlock, when these people live for the chaos we have each year in the
Friday, October 15, 2010
100,000 Homes Foreclosed on in October
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