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Politics : Impeach George W. Bush -- Ignore unavailable to you. Want to Upgrade?

To: jlallen who wrote (32378)	6/1/2005 6:14:12 AM
From: jttmab	Respond to of 93284

Geez. If I played Your mother wears combat boots with you as much as you wanted, I'd miss some news on the great economy. ...For some American homeowners, the greatest housing boom in U.S. history has delivered riches. They repeatedly tap their homes for equity and use the cash to purchase granite countertops, a BMW, even a trip to the Super Bowl. But there's a dark side -- a sharp rise in foreclosures that is destroying the single greatest generator of personal wealth for most Americans. Foreclosure rates rose in 47 states in March, according to Foreclosure.com, an online foreclosure listing service. The rates in Florida, Texas and Colorado are more than twice the national average. Even in New York City and Boston, where real estate markets are white-hot, foreclosures are rising in working-class neighborhoods.... washingtonpost.com The good news is that foreclosures contribute to the GDP. jttmab