The Dream of Home Ownership Is Becoming a Nightmare
Listen to/Watch entire show:
A record pace of home foreclosures is taking its biggest toll on blacks and Hispanics. Did big lenders conduct a new kind of housing discrimination by pushing sub-prime loans to minorities hoping for a piece of the American dream? Also, violence surrounds Afghanistan's presidential election, and combat soldiers have a tough time handling emotions. Can they handle emotional training? We hear about a new program for the entire US Army.
Banner image: Mia Dennis,Brandon Brown and Sylvester Thomas in their foreclosed home. Photo: Joe Raedle/Getty Images
Violence Surrounds Afghanistan's Election ()
With Afghans scheduled to go to the polls tomorrow for a presidential election, the Taliban says suicide bombers will create bloody havoc in Kabul, the capital city. The threat already has been made real. Jonathan Landay is senior national security correspondent for the McClatchy Newspapers.
The Dream of Home Ownership Is Becoming a Nightmare ()
Home foreclosures are setting records, with almost one-quarter of mortgage holders owing more than their homes are worth in the current market. Big banks were the main cause of the housing crisis, but they're resisting demands that they re-negotiate loans that are "under water." The hardest hit are racial minorities, especially women. There's evidence that they were targeted for sub-prime loans even when they could afford better deals. What will this mean for the black and Hispanic middle classes? Is there any hope from Obama Administration?
- John Taylor: President/CEO, National Community Reinvestment Coalition
- Kai Wright: Senior Writer, TheRoot.com
- Gary Acosta: Co-founder, National Association of Hispanic Real Estate Professionals
- Thomas Sugrue: Professor of History and Sociology, University of Pennsylvania
Emotional Resiliency Training for Military ()
Can the Army accept training in how to handle emotions? Chief of Staff General George Casey says he's not sure, but classes are set to begin for 1500 sergeants. Depression, post-traumatic stress disorder and suicide are just some of the issues facing about one-fifth of the soldiers returning from Iraq and Afghanistan. Now the Army plans to require training in emotional resiliency for all of its 1.1 million personnel. Benedict Carey reports for the New York Times.
- Benedict Carey: Reporter, New York Times
Engage & Discuss
BROUGHT TO YOU BY