Housing Market Crisis

"This is the Katrina of the mortgage lending industry." Governor Bill Richardson discusses the ongoing market crisis at the DNC/ABC Debate in Des Moines, Iowa.

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Part 2 New Orleans LA 6 Months After Huricane Katrina This Is Wh

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This is white people's houses New Orleans LA 6 months after huricane Katrina this is what you see driving in town.MOV water was 7 foot high inside these houses and sat for 30 days, The people there said they have nothing left but still have 20 years left to pay on their mortgage.

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