New Orleans Annual report on the “State of the World’s Cities 2010/2011” from the United Nations – Habitat office in Nairobi is not a cheerful bunch of news. The headline grabber is that slum dwellers increased by another 51,000,000 over the last decade in the face of tons of press releases, conferences, and even sometimes …
Category: Citizen Wealth
Finally Mortgage Writedowns
New Orleans When it comes to the gnarling problem of loan modifications and saving the citizen wealth that homeowners have built in their property, the record in the Great Recession has been terrible. There are no sure signs that it is going to get better under the new announcements of an enhanced $50 billion dollar …
Garnishing Social Security to Impoverish Elderly
Silver Spring I couldn’t believe this when I read it, but somehow Congress and the Bush Administration managed to figure out a way to garnishee social security and disability payments for seniors by eliminating the 10 year statute of limitations on collecting certain debts owed to the federal government. Did you know this? Amazing that …