Saturday, May 30, 2009

Obama administration targets the working class - World Socialist Web Site

The expected bankruptcy filing Monday by General Motors—for decades the largest US corporation and one of the country’s biggest employers—marks a turning point for both American capitalism and the American working class. Its significance is not ..., more 
and Foreclosure home strippers can face arrest - Arizona Business Gazette  Despite efforts to stop them, former owners of foreclosed homes are stripping and plundering the houses and frustrating hard-working neighbors who watch helplessly as property values fall. Northeast Valley resident Stacey Huscher was stunned when a ..., more 
and Home foreclosures rising in U.S. - Jackson Clarion-Ledger  A record 12 percent of homeowners with a mortgage were behind on their payments in the first quarter, the Mortgage Bankers Association said Thursday. And the trend is predicted to continue until the end of next year, about six months after ..., more 

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