Thought Experiment: Democratic Socialists Think Really Different About Foreclosure
By MattMay • May 30th, 2008 • Category: U.S. Politics and IssuesWhat has become known as the “mortgage crisis” is among the top issues for working people in the US. In very simple terms, many lenders loosened finance regulations to provide high interest rate loans to a broader population of prospective home owners. Over time as interest rates increased, high mortgage rates proved unsustainable and thousands […]

