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

By Garland McLaurin, American News Project. Posted September 25, 2008.

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.

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

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