932,000 more home foreclosures, up 16%.

lonestarnot

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Thu Apr-15-10 02:41 PM
Original message

932,000 more home foreclosures, up 16%.

Looking for a link. Heard it on MSNBC.

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jtuck004

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Thu Apr-15-10 03:11 PM
Response to Original message

1. Here's one

http://www.infowars.com/foreclosure-actions-spike-despite-aid/

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lonestarnot

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Fri Apr-16-10 10:47 AM
Response to Reply #1

2. Thanks.

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upi402

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Fri Apr-16-10 12:47 PM
Response to Reply #1

3. Thanks. And media crickets are thriving

I assume they're feeding on recovery myth as food.

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jtuck004

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Fri Apr-16-10 02:05 PM
Response to Reply #3

4. Ironic - I heard this on the same channel as a story

Edited on Fri Apr-16-10 02:06 PM by jtuck004

about an increase in building permits cited as part of the evidence of a "recovery".

There will be no recovery until we put 15 million of the 27 million un- or under-employed
people back to work.

And if the information about the current acceleration of foreclosures, a BOA manager saying that they are going
into a five-fold increase later in the year, and other info about the foreclosures now among
those with more money and credit, I think better times are going to be many years further than we
are being led to believe. Such as 2020 or beyond.

What I really hate is that people keep calling this bad news. If it's factual, it's just reality, and we need to
come up with strategies to confront it, instead of all the whining about who's postive or negative. Geez.

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fcq52

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Fri Apr-16-10 10:03 PM
Response to Reply #4

5. economy

Foreclosures aren't going to stop until unemployment is under
control. None of it happens as long as republicans keep
strangling the govt.  Check out this story     
http://xrl.in/53ip
Home repossessions in the United States rose 35% in the first
quarter of this year. Now 1 in 138 homes nationwide have been
lost. That is in addition to the 2.8 million Americans that
were given notice of foreclosure in 2009.

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