World-News

The Forgotten Foreclosure Crisis

By Faiz Shakir

As of July 2010, one in seven mortgages is delinquent or in foreclosure. According to the Mortgage Bankers Association, one in 10 homeowners missed at least one mortgage payment between January and March, which is an all-time record and a 9.1 percent increase from last year.

http://www.informationclearinghouse.info/article26111.htm



Decline of the Middle Class as Metaphor for the Decline of America

By Raymond J. Learsy

'Disproportionate' is the freighted word that shackles our society. Over the past few years some two-thirds of the gain in national income has gone to the top one percent of Americans.

http://www.informationclearinghouse.info/article26113.htm



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