Proposed Plan to Aid the Foreclosure Crisis and Improve the American Economy

Hard times lie ahead of us, and yet our best days are still to come.
The purpose of the present paper is to elucidate the nature of the present foreclosure crisis, to examine its causes and to discuss possible recommendations for resolving an ever-growing rash of foreclosures, and to nurture a real, lasting recovery.
Thousands of personal and family foreclosures are occurring every month as millions of people reorganize their lives. Countless banks have failed and continue to fail, albeit quietly as very few individuals in media are discussing the continued closures and takeovers. Commercial real estate is feared to be poised as the next significant implosion in the housing industry, and it seems almost as if there is no end in sight.
As unemployment steadily metastasizes over this great nation, officially rippling past 10% with approximations of real unemployment creaking closer to 20%, politicians in Washington forever threaten to solve our problems.
The first requirement for dealing with reality is to recognize it. What is being consistently defined in media and the natio…

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…on in a very frank and candid manner, stating that times are going to be rough ahead and that we all will have to tighten our belts. As such, it is government’s job to also tighten our belt so that we do not become overly burdensome on a recovering economy. Times are going to be tough, but if we can all work together, we will soon see clear skies again.
My sense is that days like these will once again come when the American people rediscover our values, our faith and our dignity as human beings. As a young man, I look forward to that day.