This is Wall Street. Trust them with Medicare and Social Security? What? No!

The VALUE of homes in the USA are in limbo.  The PRIVATE companies that were suppose to be TRUSTWORTHY have destroyed the American Dream.  What are people thinking?  Stop.  Remember who propagated this mess.  Seriously.  Trust them?  Why?  There is no reason to.  The entire circumstances surrounding the Housing BUBBLE is a disater.  It is reeking havoc in people's lives. 

None of this should be happening.  None of it.  People are being thrown out of their homes and local economies are being put in disarray.  This is happening because Wall Street has bungled the trust the people put in them.  It is only right they freeze the foreclosures until they 'fix it.'  But, the entire dynamics now surrouding the value of homes, the freeze itself is putting more risk and uncertainty into the housing market. 

It is a disaster.  Homes are 'equity' in citizens lives.  They borrow agaisnt that equity to pay bills when emergencies happen, to pay for tuition for sons and daugthers and to plan for the future.  Do you know how this is upended the lives of our citizens? 

Trust, Wall Street with our aged citizens?  No.  Never.  There has never been a good track record enough by Wall Street to place that level of trust in them.  Ever.  They have repeatedly abused the trust teh people of the USA has placed in them. 

No more.

Foreclosure freeze taking a toll on local real estate market  (click title to entry - thank you)
Updated: Oct 15, 2010 4:48 PM EDT

Las Vegas, NV (KTNV) – The struggling economy and floundering housing market are two issues at the forefront of the upcoming election as some of the nation's biggest banks have become the target of investigations in almost 50 states.
After being accused of mishandling the foreclosure of thousands of homes, some banks have put a hold on the process until they can figure out the root of the problem. This, however, has taken a negative toll on the real estate market.
Las Vegas has the highest number of foreclosures in the country. But by freezing most of them, banks are leaving homebuyers and realtors out in the cold.
"There might be a hold on some of these properties to where we're not going to be able to put an offer on those properties because there's going to be a standstill," says Cathy Rojas. "Those are the ones they're going to have to go back, look at the paperwork, make sure they're all correct before they proceed."
But realtors allege that this foreclosure freeze is putting more stress on an already fragile housing market.
"With the freeze, no properties, that doesn't help."
Financial experts agree that this is adding more uncertainty....