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Thursday, July 10, 2008

Foreclosure filings jump 53% in June

Foreclosures happen, as Henry Paulson says, but only Wall Street deserves fast action and tens of billions in handouts. Phil Gramm is still trying to figure out what went wrong though he's putting those questions aside for the moment as he creates the new McCain economic plan. Hold on to your cash because he surely has a new way to send the economy down the drain.

For the first six months of the year 343,159 homes have been registered which is an increase of 136% from 2007.

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