Fannie Mae is changing their policies to allow renters in foreclosed homes to stay…
In a move that provides relief to thousands of renters who face eviction but draws the federal government even deeper into the housing market, the loan giant Fannie Mae said Sunday that it would sign new leases with renters living in foreclosed [...]
“Market solutions to poverty are very much in vogue. These solutions, which include services and products targeting consumers at the “bottom of the pyramid,” portray poor people as creative entrepreneurs and discerning consumers. Yet this rosy view of poverty-stricken people is not only wrong, but also harmful. It allows corporations, governments, and nonprofits to deny [...]
In case you haven’t heard about it yet (since all news media sources are talking about it), the Bush administration proposed a $700 billion government bailout to buy bad mortgage debt and would be run directly by the Treasury Department. What the government purchases and what time it does would be by the government’s own [...]
Here’s a really interesting article that’s in the San Francisco Bay Guardian article. If you have a spare moment, go and read it!
Article
Here are some excerpts I thought were worth mentioning from the article..if you don’t have time to read the article (it is quite long), skim this…
Here’s what I learned: San Francisco has a [...]
The very left-wing progressive magazine, The Nation, has decided to offer students a free electronic subscription to the magazine online. I was actually subscribed to this magazine last year (but did not renew it after a year since I was moving to my dorm), and I liked it. It is, however, as I said, quite [...]
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