AlterNet

While Wall Street Whines for Billions in Bailouts, the Mortgage Crisis Continues to Punish Normal Americans

By Garland McLaurin, American News Project
Posted on September 25, 2008, Printed on May 27, 2012
http://www.alternet.org/story/100324/while_wall_street_whines_for_billions_in_bailouts%2C_the_mortgage_crisis_continues_to_punish_normal_americans

While lawmakers negotiate on Capitol Hill over the $700 billion-taxpayer bailout for banks and lenders on Wall Street, the foreclosure machine continues to crush homeowners caught in the mortgage crisis. Beyond the politics of Washington, one thing seems clear to many homeowners on the verge of foreclosure, there is no significant relief in sight from the government or Wall Street.

Garland McLaurin is a coordinating producer for the American News Project.

© 2012 American News Project All rights reserved.
View this story online at: http://www.alternet.org/story/100324/