Friday, March 31, 2006

foreclosures

NPR was interviewing a financial adviser on Tues. Mar. 28, 2006 about the high rate of house foreclosures. He made a statement about "people who get themselves into financial problems". Of course, many people handle money unwisely. But many people encounter financial problems because of such things as medical bills, loss of jobs, divorce. (Of course, medical problems can cause unemployment.) Such statements have the effect of right-wing propaganda, whatever the intent of the speaker. I have found that much of what I believed when I was younger, from reading news columns, including the business pages, is really what I would have to call propaganda for the protection of the powerful.

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