BusinessWeek.com has launched a new blog called “Recession in America“ in which reporter Tim Catts is travelling the country over the next four months covering the recession in America.
Catts is in Cleveland this week.
In a post earlier this month, Catts writes, “With home values falling, employers cutting jobs and fuel and food prices climbing, America’s economic troubles are anything but an abstraction. The real story isn’t just in the numbers. It’s in the way real people are coping with the strain of making ends meet. To tell it, I’m going to spend the next few months on the road, seeking out everyone from economists to farmers to college students as we try to paint a picture of the true face of the recession.
“This blog is one of the places we’ll tell these stories. Here, we’ll jump into the conversation about where the economy is and where it’s going. Yes, sometimes we’ll look at the latest data. Sometimes we’ll share observations from the road. The goal is to give readers real stories about how the downturn is affecting individuals, businesses, and communities. And if you want to share your story of how the recession is affecting you, please leave a comment with your contact information.”
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The biggest problem with our mortgage loans is the credit bureaus. They are the reason for the higher interest rates on mortgages. They let companies put things on your credit and it's up to the consumer to prove otherwise. And how is that possible when they put things on your report like Company: No Name and no contact number available but when you dispute these items they leave them on. Where's are proof? How did they contact them? What company did they contact? Believe me I have been fighting with the bureaus for 3+ years on the nonsense they allow. They aren't for the consumer and look at what they have finally done to Americans. I'm a middle class family but, I can't afford to buy a home or a car because of the disgusting ongoing dilemna with the bureau/Money Makers, or I would be out there, and so would many more Americans, purchasing the things we need at an affordable rate.