Daily Archives: June 28, 2009

Not Paying the Mortgage, Yet Stuck With the Keys

A growing number of American homeowners are falling into financial limbo: They’re badly behind on payments, but their banks have not yet foreclosed. The backlog of seriously delinquent mortgages, which so far affects about 1 million borrowers, is a shadow … Continue reading

Posted in Mortgages, Our phony middle class, Residential Market | Leave a comment

The Climate Change Crimate Change

Steve Fielding recently asked the Obama administration to reassure him on the science of man-made global warming. When the administration proved unhelpful, Mr. Fielding decided to vote against climate-change legislation. If you haven’t heard of this politician, it’s because he’s … Continue reading

Posted in Climate Politics | Leave a comment