The U.S. home foreclosure rate has hit the highest level in 25 years. Families across the country are losing their homes. In many cases because falling home prices have made their adjustable rate mortgages no longer affordable.
Tag: crisis
The Peak Oil Crisis: Capping Carbon
Seventeen years after the Kyoto Protocol was drafted, it appears that the U.S. is moving toward taking action to limit the nation’s emissions of greenhouse gases.
Nicholas F. Benton: ‘Peak Oil Crisis’ Is Alive & Well
This month marks the fourth anniversary of now-globally famous commentator Tom Whipple’s “Peak Oil Crisis” column that originated with and has been published weekly exclusively in the Falls Church News-Press, the Washington D.C. area’s most progressive newspaper.
Congressman Moran’s News Commentary
Metro is facing a crisis and quick action by the U.S. Department of Treasury is needed to avert sending the economic and commuter transit system that drives our economy into bankruptcy.
Letters to the Editor for October 23 – 29, 2008
Says F.C. ‘Blessed’ With City Manager Editor, The recent fron-page article on the City Manager’s citywide staff meeting in the face of the economic crisis reminded me that we are truely blessed to have Wyatt Shields at the helm. He has quickly built a repution as a straight-forward, unassuming guy […]
Congressman Moran’s News Commentary
As we enter the final stretch of the electoral season, what can be learned from the past eight years?-a period in our nation’s history marked by conservative control: Republicans had two terms in the White House and six years controlling the congressional levers of power.
The Peak Oil Crisis: Mea Culpa
Earlier this week The Washington Post’s media critic, Howard Kurtz, published an apology on behalf of the media for its weak coverage of the multi-year run-up to the current financial debacle.
Area Leaders Scramble as Wall St. Hits Leesburg Pike
Falls Church, Fairfax County officials and business developers are joining average citizens to cope with the cascading impacts of the housing crisis as it is now spilling over into a Wall Street and banking crisis.
Congressman Jim Moran’s News Commentary
As you know, the Bush administration sent Congress a request last Saturday for $700 billion to bail out the financial industry as we face the worst financial crisis since the Great Depression.
Nicholas F. Benton: Global Financial Meltdown
It’s becoming unclear which will bring the McCain candidacy down faster or harder: the economy or Sarah Palin.
