Foreclosure in America

There are some people who think that people who end up in foreclosue have only themselves to blame. However, the reality is that losing your home is a personal catastrophe. I don't blame the poor, sometimes misguided homeowners who took on more debt than they should have. I blame the mortgage lenders, the realtors and above all the Fed, who should have been regulating these jokers.

This video is hard to watch. However, it does reflect the reality of the sub prime crisis. Ordinary folks are being hurt.