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The ARTICLE I picked for this week revolves around some interesting effects of the dismal housing market (and resulting increase of foreclosures). I think the article is important as it highlights the problem of what to do with a dismal housing market as well as the negative effects this market has on the larger economy.

The economy aside, however, this article addresses the surprising reality that our homeless populations are increasing in part as direct result of these foreclosures. What do you think our government’s role should be in this situation? Should they “bail” these banks out to the tune of 700 billion dollars (see this ARTICLE) or let the letting the housing market crash (what effects would such a crash have on the larger economy?). As I stated, it’s a very interesting question. What do you think?

Anyway, it’s time for “God’s Team” to take the field against some team from Green Bay so I gotta go. Go Cowboys!

This entry was posted on Sunday, September 21st, 2008 at 7:28 pm and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.