New Orleans On ESPN’s Sportscenter during the seasons they have a feature called “Come on!” in which they feature unbelievable or bonehead plays. We need that in other fields of public life and politics. Reading about the efforts of banks like Wells Fargo and JP Morgan Chase along with the various trade associations to try …
Tag: mortgages
Abandoned Communities: Detroit & New Orleans
New Orleans There is no question that Detroit has been an economically troubled city for some time now. Apocryphal, urban legends have grown around this great city of quail and bird counts returning to some areas because they have essentially gone “back to wilderness” due to abandonment and lack of population. Now news of …
New Program: More Bailout, More Drowning
New Orleans President Obama, Secretary Geithner, and the rest of the hapless pickup crew that flubs around in the housing and foreclosure crises came together to “repurpose” yet more of the TARP money that was set aside for home mortgage modifications that might prevent foreclosures and threw $15 billion of the total at some homeowners …