Urban renewal on "to do" list of next U.S. leader


	Urban renewal on "to do" list of next U.S. leader

tabsey

2-6-2008 2:39 AM

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tags:

losing, housing, bad, loans

tabsey says:

Do the people really count in the grand plans of a president any more?

1 Comment |

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2-6-2008 6:42 PM

kkcapricorn

Did they ever count?

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/d0d9d693-8a33-4823-a3cd-bf14eb6070d8/A6BB0ACB-BB90-401B-B3A7-CFC641346ECE/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.reuters.com/article/politicsNews/idUSN3131772820080206?feedType=RSS&feedName=politicsNews" href="http://www.reuters.com/article/politicsNews/idUSN3131772820080206?feedType=RSS&feedName=politicsNews" style="font-size: 11px;">www.reuters.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.reuters.com/article/politicsNews/idUSN3131772820080206?feedType=RSS&feedName=politicsNews"><P>CHICAGO (Reuters) - No matter who wins the U.S. presidential election in November, their "to do" list will probably include urban renewal.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.reuters.com/article/politicsNews/idUSN3131772820080206?feedType=RSS&feedName=politicsNews"><P>For while the subprime crisis may force the U.S. economy into recession, it has already brought boarded-up homes and broken dreams to thousands of minority families inner cities.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.reuters.com/article/politicsNews/idUSN3131772820080206?feedType=RSS&feedName=politicsNews"><P>"Whoever wins the race to the White House will preside over the crumbling of the American dream," said Dennis Talbert, president of Detroit-based non-profit Michigan Neighborhood Partnership, a credit and mortgage counseling service.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.reuters.com/article/politicsNews/idUSN3131772820080206?feedType=RSS&feedName=politicsNews"><P>During the U.S. property boom, Latino and African American borrowers were nearly four times more likely than their white counterparts to receive a high-cost subprime loan. As a result, many foreclosures are concentrated in minority neighborhoods, pushing property values down and creating a magnet for crime.</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/A6BB0ACB-BB90-401B-B3A7-CFC641346ECE/blog/" title="blog or email this clip"><img src="http://content6.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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