Rose Foreclosures
What will happen to American families who lose their homes?
“55% increase in foreclosures…
That means one in every 464 U.S. households received a foreclosure filing in July, the firm said. Bank repossessions (REOs) rose 184 percent year-over-year. Default notices were up 53 percent, and auction notices rose 11 percent.”
Good question.
Some of course, like Ed McMann will have rich friends to turn to.
Others will have to return to their parents, or other relatives to live until they find another, smaller home, or apartment.
I myself, after a divorce, moved into a mobile home. It’s very comfortable, and “cheap” rent too, low utilities, very functional for those on a low budget, which allows more savings too.
People have been losing homes for centuries, some in war, many millions of refugees around the world.
But, unfortunately, in the USA, we are seeing this misery come home, to the “Land of the free, home of the brave.”
Fortunately, if we ever elect a national government, Congress and Executive that cares about the “little people” as much as the fat cats, then perhaps some of that corporate welfare can trickle down to those who are in danger of being homeless.
The homeless problem used to be considered something for the “other person”, now it can be any person, especially the many who are losing their job to foreign competition, or jobs drying up, because of higher oil prices.
We need new leadership to change the old ways that have failed, we need inspiring leaders again, like FDR, JFK, and even Bill Clinton, who at least “felt our pain.”
Not another G. W. Bush, who said “there is nothing wrong with America”. That’s what’s wrong, leaders who put their heads in the sand, instead of seeing the dangers.
But, in Bush’s case, he’s bogged us down in saving “Iraq” and their sand or oil, rather than saving the green grass of American homes.
Just my rant, sorry.
WILD ROSE Foreclosures, HUD Owned Home for Sale – W4401 COUNTY RD H, 54984
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