Friday, October 24, 2008

Homelessness in America

There's a gripping article in the NY Times about the housing crisis in our nation and its effect on American families. Did you know that more than 1 million homes have been lost to foreclosures in the past two years? And banks are in the process of foreclosing on 1.5 million more! Many of those affected are hard-working middle class families, who wanted nothing more than the American dream when they purchased their home. But rising mortgage payments and higher costs of living took their toll on these families who were living paycheck to paycheck. Now, they've lost their homes and often their hope. Many of them can't even qualify to lease a home because of the damage the foreclosure has done to their credit Many are now homeless, relying on the kindness of friends and relatives for a place to stay. But when it's time to move on, then what?


One thing is clear, our nation has a long road to recovery ahead. And the work that we do at Feed The Children has become more crucial than ever.

Wednesday, October 15, 2008

Another Great Depression?

Again today, I heard our current economic crisis compared with the Great Depression. After all, home foreclosures are at the highest rate in decades, and food and fuel prices have more than doubled in the past few years. It’s no wonder there’s fear it could happen again.


A lot of focus is on how bad things are on Wall Street. But I’m more concerned about how things are on Main Street. How is all this affecting the every day working man, the single mother? Well, I know one thing, getting food on the table is a challenge many Americans are finding harder to meet.