I tried this diary on Tuesday and pissed a lot of people off, not my intention. I am trying again because this is really important and I promise to take the time and choose my words carefully. There are a lot of reasons Obama organized us and showed us how to demand better of all government, in the very near future we are going to need everything we know and everything we can learn.
Since 2004 7 MILLION homes have been lost to foreclosure. There are about 3 million more homes under the protection of Chapter 13, homes the lenders are trying to chip out and take. There are more than 5 million sub prime loans in or on the verge of foreclosure right now. 1 in 8 homes has either been lost or is in jeopardy of being lost and we are not at the bottom yet. Not since the Great Depression has the average American suffered the wrenching loss of home and job and future. It is not only a significant turn over of wealth but will also bring significant changes to the American landscape. Depending on how deep the turn over it will change American cities and towns for all time and with those changes the quality of life for all of us.
And so it starts the slumming of America, more below the fold.