real estate market and home foreclosures. Home foreclosures are on the rise

still, as those who were able to hold out are starting to feel the pressure

of the slowing economy. With the recent debacle at the federal level

concerning Fanny Mae and Freddy Mac… this is going to be an issue for a

long time coming. Now the mortgage companies are in so deep that it will

take a long time for these lending institutions to recover. Check out some

other organizations that have felt the pain Organizations Not even

the wealthy are immune to the gradual slowing of the economy. But we would

never be in this mess if people weren’t overspending their means.