More Americans Face Losing Homes

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BBC

A surge in the number of Americans at risk of losing their homes means 1% of all households are in some stage of the foreclosure process, a report says. There were 2.2m foreclosure filings in the US last year, up 75%, according to the market research firm, RealtyTrac.
So, why is it numbers like this are not being presented by our own homegrown news outlets? Are we, as a nation, so ashamed of the condition we've gotten ourselves into that we can't acknowledge any shred of truth?

The world's greatest nation got hit hard once, and look how it's made us crumble. We are afraid of facts.

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This page contains a single entry by Rook published on January 29, 2008 2:38 PM.

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