Even as the foreclosure crisis pushes some low income families into shelters, chronic homeless rates are shrinking thanks in part to the foreclosed and vacant buildings social-service agencies can now afford to buy. In Denver, persistent homelessness is down 36 percent since 2005, as nonprofits have turned seized apartment buildings and run-down motels into 1,242 rooms, complete with access to addiction treatment and health care.

Fed Up USA will be holding a “National Bailout Day for Taxpayers Without Representation” to protest the actions of the Federal Reserve and Congress on this Thursday July 31, 2008.

This is a MUST READ! Steve Santelli at CNBC analyzed the potential costs to taxpayers of the housing bill. His conclusion:

Ron Paul talks about the bailout out of the housing industry and how it really just destroys the dollar.

WASHINGTON — Alarmed by the sharply eroding confidence in the nation’s two largest mortgage finance companies, the Bush administration on Sunday asked Congress to approve a sweeping rescue package