4.11.2008
Just a Note:
The previous post is about the on going situation in America. The housing market has turned into a cascading decline in bubble wealth. People looking for the American dream financed with equity from (APR) adjustable rate mortgage. The ATM is closed. As things get worse, those unable to pay the increased rates face foreclosure. These tent cities have began to spring up across the USA. When Katrina hit it was only the beginning. The serious threat now is the financial Katrina brewing at wall street. This brief film show a few episodes throughout America. These cities are located in Seattle, California, and New Orleans. I am going to follow this story. I hope for the best, and a quick recovery for all those in trouble.
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