The Stimulus Plan Sets A New Record

…for foreclosures

NEW YORK (Reuters) – U.S. home loans failed at a record pace in July despite ongoing federal and state programs to avoid foreclosures, which have severely strained housing and the economy.

Foreclosure activity jumped 7 percent in July from June and 32 percent from a year earlier as one in every 355 households with a loan got a foreclosure filing, RealtyTrac said on Thursday.

Has there been a single thing, just one, that The One and his Smartest Team Evuh have gotten right?

categories Biz, Politics | | datetime August 13, 2009 6:42 am

One Response to “The Stimulus Plan Sets A New Record”

  1. Gunslinger says:
    August 13, 2009 at 4:22 pm

    “Has there been a single thing, just one, that The One and his Smartest Team Evuh have gotten right?”

    Not until they all resign.

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