Since we are discussing the Great Depression vs the Recession, I thought it best to complete a blog entry on the issue of Foreclosure. Below you will find a link to the article entitled, "Obama's Foreclosure Prevention Efforts Criticized". Read the article in FULL and comment on the following questions:
1. Do you think, based on what you have read, that the Obama Foreclosure plan is working? Why or why not?
2. Do you think that the government should have stepped in to help those who are having a hard problem paying their mortgage, or do you think homes should go into foreclosure? Be sure to think about how this will effect banks, loans, etc.
http://www.npr.org/templates/story/story.php?storyId=130840418
Tuesday, October 26, 2010
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