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October 07, 2008

The American Dream Turned Nightmare

Foreclosure From This American Life: Another Frightening Show About the Economy - What happened this week, including what regulators could've done to prevent this financial crisis from happening in the first place. Link

From NPR, Talk of the Nation: Owning A Home: American Dream Turned Nightmare · Home foreclosures are at a record high, and help from Congress will come too late for many Americans. As the toll of the sub-prime crisis continues to grow, guests discuss the human reality of foreclosure and how it affects individual families. Link

See also: Foreclosure Alley (MamaPop.com)

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Comments

We almost lost our house earlier this year - we got the letter telling us to get out, and so we did - and moved to another state to start over. The bank ended up working with us though, so that we were able to bring things current and keep the house. So then we moved BACK. Good times.

That was a long way to go to tell you I'm afraid to click on that second link - its too close to home.

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