Tweet
Media and bailout failure
Danny Schechter: The effects of the financial meltdown are spreading as the bailout fails to work (11 min)
and
One nation under debt
Danny Schechter: We need to stop all foreclosures
In part two of our interview with Danny Schechter, Danny provides up-to-date information about the housing crisis in the US. With 21 million families now finding their homes worth less than their remaining mortgage payments, the banks are being forced to readjust the loans in order to keep people in their homes. Danny also outlines some of the grassroots work that is being done in order to stem the tide of evictions. One organization that has a long history of work in this area is ACORN, and Danny believes that the voter registration scandal surrounding ACORN is more illusion than substance, created as a distraction from the important issues of the day.
13 min
Danny Schechter: The effects of the financial meltdown are spreading as the bailout fails to work (11 min)
and
One nation under debt
Danny Schechter: We need to stop all foreclosures
In part two of our interview with Danny Schechter, Danny provides up-to-date information about the housing crisis in the US. With 21 million families now finding their homes worth less than their remaining mortgage payments, the banks are being forced to readjust the loans in order to keep people in their homes. Danny also outlines some of the grassroots work that is being done in order to stem the tide of evictions. One organization that has a long history of work in this area is ACORN, and Danny believes that the voter registration scandal surrounding ACORN is more illusion than substance, created as a distraction from the important issues of the day.
13 min