Wednesday, January 26, 2011

Foreclosure crisis far from over

Despite what mainstream media calls a recovering economy, the reality is Americans are still losing their house to foreclosure. The foreclosure crisis is far from over and it is apparent as Main St. continues to struggle. Author Nomi Prins believes there is clearly a lack of connection between Washington and the reality everyday Americans.

solution: Banks, Oil company's, credit company's can NOT fall under free enterprise. They NEED to be regulated. They NEED to be made to take less profits in order to help the economy. Under free enterprise, those institutions are able to make there money even at the expense of the entire nations well being. We are free as long as we don't infringe on others freedoms or rights...but that don't seem to apply to those institutions?