Housing Horror
Television holds few shows that I will watch religiously but one of my top favorites is Bill Maher on HBO. He manages to get an eclectic mix of people on his panels and has various guests on representing both conservative and liberal views, though the show is primarily liberal. My primary reason for watching is that I am able to get tidbits of news that seems to be overlooked by mainstream media. Tonight's panel included Rep. Maxine Waters (D-CA) who is serving her 10th term in office. Among the interesting insights into the current state of the economy and the bailouts, Waters commented that "Americans have no idea how bad things really are." If that wasn't depressing enough, Maher pointed out that the housing market in Detroit is the worst in the nation. The motor city represents more than just a segment of the U.S. population - it stands for American ingenuity, pride, commerce, and manufacturing. According to Maher, the average home in Motown is going for $16,000 ...