RussiaToday | September 20, 2010
As the mortgage crisis cuts deep, real estate firms say more than one million Americans may lose their homes to foreclosure this year.
In August alone, some 300 thousand were served with foreclosure warnings, as unemployment figures stubbornly hover near 10 percent. Anastasiya Churkina reports on how a camp outside New York has become a place some people now reluctantly call home.
There are similar tent cities all over the US and police sometimes go into these tent towns with box cutters to rip up the tents to displace the homeless.
In Florida the 'compassionate conservative legislature' passed a law that will allow the state to hire retired judges to open special courts to process more home foreclosures.
Rightardia wonders what the folks in the tent city would think about those $100,000 a year Bush tax cuts the GOP wants for millionaires and billionaires?
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