To the Point
Tracking the Great Recession, Region by Region
No place in America is recession proof, but some places are being hit much harder than others. Today we find out where it's worst and why, and ask what communities will need most to help them to bounce back. Also, new details on the Obama Administration's foreclosure prevention program, and a sitting head of state is indicted for crimes against humanity.
No place in America is recession proof, but some places are being hit much harder than others. Today we find out where it's worst and why, and ask what communities will need most to help them to bounce back. Also, new details on the Obama Administration's foreclosure prevention program, and Sudan's President Omar al-Bashir has been indicted by the International Criminal Court. We hear what that could mean for him and his country.
Banner image: Real estate signs sit in front yard of four houses on one a block in Detroit, Michigan. Photo: Bill Pugliano/Getty Images
In this episode
3 storiesAdministration Unveils Foreclosure Prevention Program
The Obama Administration announced details of a massive foreclosure prevention program today. It could help 9 million homeowners lower their payments, and it takes effect immediately, as we hear from Kevin Hall, national economics correspondent for the McClatchy Newspapers .
Read the story6 minTracking the Great Recession, Region by Region
In Detroit, the median price of a home is now estimated at $7500, less than the lowest priced new car on the market. In Lehigh Acres, once a middle-class suburb of Miami, one out of every four people is now on food stamps. What's now being called the Great Recession comes hard on the heels of a massive boom in construction.
Read the story37 minWarrant Issued for Arrest of Sudan's President
The President of Sudan has been indicted for war crimes and crimes against humanity by the International Criminal Court. It's the first such action ever against a sitting head of state. Omar al-Bashir is not accused of genocide. The ICC says there's not enough evidence.
Read the story6 min