No! Not from ePluribus Media, silly.

About a month ago I kindof disappeared from here. If any of you checked my home Blog you will already know why. Just in case you didn't, I am reposting the diary I put up before I (thankfully) did not slip through the cracks of this bush league economy.

On the Sub-Prime Crisis

Many of you already knew that we were probably losing our home in the first wave of foreclosures hitting this state and the country. I have been sort of busy the last couple of weeks with this issue and (some of) you may have noticed that my Blog has been dormant because I have been so busy.

The bad news? We have given up trying to save our home.

OhioNews Bureau

ONB COLUMBUS: What do Ohioans facing home foreclosure and Shakespeare’s legendary Prince of Denmark have in common? Both hope a dream can help them escape “the slings and arrows of outrageous fortune.”

For the growing tide of Ohioans facing home foreclosure “to sleep: perchance to dream: ay, there’s the rub” could be one way to keep their American Dream of owning a home alive long enough for circumstances to change sufficiently to allow them to tell the wolf of foreclosure that prowls outside their door today to go away.

originally posted 2008-03-09 12:04:24 -0500

This is material on some of the different ways in which people are approaching the question of how to deal with the fall out from the housing and mortgage crisis. There's quite a few links here, and not so much comment. I hope you have time to work through the links

M. Collins: The Money Party (4)
Money Party to Citizens: Drop Dead!

Tens of millions are just a lost job away from homelessness.
Mission accomplished for The Money Party. (Nathan Rein CC)

"The FBI is investigating every level of the conspiracy that it believes perpetuated the housing boom..." TimesOnline Jan. 31, 2007

Although the wagging heads are predicting that IBM's report yesterday would jump start a rally on Wall Street today, yesterday's drop of 306 points on the DowJones suggests that many aren't feeling so optimistic.

Last night at board meeting in town, one of my townfolks confided that two houses out of the 10 on their little cul de sac sprouted Foreclosure signs just in the past two weeks. That's a scarey 20% -- though a laughably small sampling.

But we are an "out of the way" pocket and pretty conservative financially (not a lot of real estate speculators in our tiny town), so such in your face evidence was startling.

Is anyone else seeing evidence in their neighborhoods?
UPDATE below.

OhioNews Bureau

ONB COLUMBUS: Wind and snow are cooling off Ohio, as is the specter of an oncoming recession, that could further chill the state’s already ailing economy.

With light snow flakes falling as if they were blown off the canvass of a Norman Rockwell painting, the message Ohio Governor Ted Strickland offered today as a strategy to bolster the budget from the hungry jaws of economic recession probably didn’t warm the cockles of the hearts of state employees, many of whom could be offered early retirement buyouts to get them off the payroll.