Housing Crisis Deepens

Below is the link to an article on how the housing crisis is deepening, not stabilizing, in spite of the Fed's and the Bush Administration's attempts to shove money into the hands of bankers. This top down approach will not work, in my opinion, and the numbers seem to indicate such. With unemployment soaring (more than a half million Americans lost their jobs in November alone), the housing situation can only worsen. There needs to be money injected into the system far downstream of the Wall Streeters and big money bankers. If YOU lose your job, how would YOU cope with the situation? Could you pay your current mortgage, or current rent? Assuming you have some kind of employer sponsored health care coverage, would you be able to afford coverage on your own if you lost your job?

http://www.msnbc.msn.com/id/28069420/