USA Today
More families with children are becoming homeless as they face mounting economic pressures, including mortgage foreclosures, according to a USA TODAY survey of a dozen of the largest cities in the nation. Local authorities say the number of families seeking help has risen in Atlanta, Boston, Denver, Minneapolis, New York, Phoenix, Portland, Seattle and Washington. “Everywhere I go, I hear there is an increase” in the need for housing aid, especially for families, says Philip Mangano, executive director of the U.S. Interagency Council on Homelessness, which coordinates federal programs. He says the main causes are job losses and foreclosures. Other factors have been higher food and fuel prices hitting families with “no cushion,” says Nan Roman of the National Alliance to End Homelessness. More
OpEdNews
Big Finance it seems is still living high on the hog, spending freely on parties and bonuses while the world’s poor go deeper into poverty and Americans worry about their jobs, retirement, health care and making ends meet. The first post-bailout outrage was the massive insurance giant AIG. After receiving an $84 billion tax payer bailout they had a party for their executives – the cost $440,000. There was outrage on Capitol Hill including threats to ‘get the money back.’ “They were getting their manicures, their pedicures, massages, their facials while the American people were paying their bills,” thundered Rep. Elijah E. Cummings (D-MD). But, instead the Federal Reserve gave them $38 billion more after their party. More

