Another wave of foreclosures is coming!

[dysentry]

http://www.latimes.com/business/la-fi-foreclosure4-2009jul04,0,5145254.story

Just as the nation's housing market has begun showing signs of stabilizing, another wave of foreclosures is poised to strike, possibly as early as this summer, inflicting new punishment on families, communities and the still-troubled national economy.

 

[dysentry]

http://www.nytimes.com/2009/06/18/us/18oregon.html?_r=1

Slump Dashes Oregon Dreams of Californians

“California immigrants can never win in Oregon,” said Philip J. Romero, an economist who has advised governors in both states. “In a boom, ‘They are crowding the roads and bidding up house prices.’ In a bust, it’s: ‘They alone caused the price of my house to drop by hundreds of thousands of dollars. They came up here without a job, and now we can’t absorb them and they’re competing for my job.’ ”

 

[besotted]

Americans deserve it. Anyone who spends more than they earn and borrows to make the difference are weaklings

Unfortunately many Pinkerton Singaporeans don't know how to svae and blindly worship stupid American values of excesses