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Flood of Foreclosures: It's Worse Than You ThinkSubmitted by Quest-News-Serv... on Mon, 01/26/2009 - 18:38.
Flood of Foreclosures: It's Worse Than You Think
"http://www.truthout.org/012509A">http://www.truthout.org/012509A</a> Les Christie, CNNMoney.com: "Housing might be in worse shape than we think. There is probably even more excess housing inventory gumming up the market than current statistics indicate, thanks to a wave of foreclosures that has yet to hit the market. The problem: Many foreclosed homes and other distressed properties that are now owned by banks have yet to be listed for sale. The volume of this so-called 'ghost inventory' could be substantial enough to depress already steeply falling prices when it does go on the market." Nouriel Roubini | Jan 21, 2009 From Bloomberg: U.S. financial losses from the credit crisis may reach $3.6 trillion, suggesting the banking system is "effectively insolvent," said New York University Professor Nouriel Roubini, who predicted last year's economic crisis. ANTI-SPECIESISM
SPECIESISM: 1. A PREJUDICE OF ATTITUDE OF BIAS TOWARD THE INTERESTS OF MEMEBERS OF ONE'S OWN SPECIES AND AGAINIST THOSE OF MEMBERS OF OTHER SPECIES. 2. A WORD USED TO DESCRIBE THE WIDESPREAD DISCRIMINATION THAT IS PRACTICED BY HOMO SAPIENS AGANIST THE OTHER SPECIES. SAVE OTHER-OUR SPECIES SOS-FRE FROM RESEARCH EXPERIMENT QUEST, MINISTRIES, GUY TEMPELTON BLACK, PASTOR, and YOGI YOGA BEAR, SERVICE K-9 (guy's partner) 753 BRAYTON AVE., CLEVELAND, OHIO 44113-4604 USA, V:216.861.7368, F:216.861.7368 UNITED STATES ARMED FORCES VETERAN (VOLUNTEER) PEACE, ANTI-WAR, DEFENSIVE faith based non-profit corporation no. 389646, 501(c)(3), SINCE 1965, http://www.geocities.com/questministry ADVOCATING FOR A NATIONAL WAR DOGS MEMORIAL http://www.wardogsmemorial.org DONATE TO QUEST, VIA PAYPAL: (CLICK) questministries [at] netzero [dot] net&return=http://www.geocities.com/questministry/questministries">http://www.paypal.com/xclick/business=questministries%40netzero.net&return=http%3A//www.geocities.com/questministry/questministries http://www.disclosureproject.com TRUTH - EXTRA-TERRESTRIAL
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