Shaker Christine mentioned in comments of my post The Bush Economy that "there's a 93% increase in foreclosure notices this month over the same time period last year and 9% increase over the previous month." Which is, sadly, true—and if you'd like to depress yourself, you can read all about it here, and how the problem is being complicated by "lagging home sales and flat or decreasing home prices" which make it "more difficult for homeowners who fall behind on payments to sell their homes and clear the debt."
And for a double-dose of depressitude, then head on over to see Richard Blair, who notes: "In all of the hand wringing about the sub-prime mortgage market implosion negatively impacting financial markets in general (and homeowners tied to those mortgages, in particular) , not one pundit has mentioned the delayed impact of the bankruptcy bill." Oh yeah—remember that? And the 18 Democratic Senators and 31 Democratic Representatives along with practically the entirety of the GOP who voted for it?
Yeah.
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