Foreclosures, Truckers Strike and the Price of Fuel

Foreclosures are up across America in nearly every city and rural area with no end coming in sight. The foreclosure rate is hitting a staggering 63% and more American's are now facing the loss of the American dream of being a home owner. Banks are foreclosing on homes and reselling them at a loss to recover some of their funds. Entire neighborhoods are being hit with foreclosures and many homeowners are being hit with eviction notices from the foreclosing banks. The upcoming election in 2008 is a hot bed of debate in regards to the forclosure crisis but not one of the canidates has issued a statement as to any assistance for families that have all ready lost their homes to foreclosure. Right now the main concern is to keep families in their homes and preventing more foreclosures. What about the families who have already lost their homes? Is their anything to be done to improve their lives or what a foreclosure has done to their credit. They can pretty much assume that for the next seven years that home ownership for them is nearly impossible.

Rumor has it that April 1st was suppose to be the Independent Truckers Strike but it hasn't happened yet as of April 5th. Repossessions are being more common and many semi trucks are being parked because it's cheaper to park the truck than afford the high cost of diesel fuel. Rates stay the same but expenses to keep the semi's on the road and moving freight across America continue to climb out of control. If you've noticed the higher prices in the grocery stores, for your apparel, your pets, etc than you already now the effects and soon it will be higher. Everywhere in nearly ever store you hear the word recession or depression and I work at a grocery store. I cant help but notice what the elderly are buying, the amount of coupon useage has increased, and they are pinching pennies by buying supplies for soups like turkey legs, ham hocks, dry soup beans, and buying only items on sale like day old bread at markdown prices. Do they realise something the rest of us don't yet, after all many of them have already lived through one depression?