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Shooting puts face on foreclosure crisis
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High taxes are another problem--our property taxes are now 10% of our small retirement income--and our house value has fallen. Unfortunately, the tax assessor doesn't agree and has raised our assesment $60,000!
Inflation caused by the Federal Reserve's insane printing of more and more money to fuel more and more borrowing and out-of-control government spending is partly responsible for this crisis.
So is the greed of speculators who bought and bought, both on Wall Street and in real estate, assuming prices would continue to go up and they'd make a killing.
And meanwhile, the taxpayers will pay for all this--even those who have been careful and frugal.
Who do you suppose is going to finance all of Obama and McCain's wonderful government programs?