A recent CNN article provides an interactive map displaying percentages of unemployment and foreclosure across all 50 states. California is evidently hard hit in both unemployment and foreclosure with an 11.6 percent unemployment rate and a 5.21 percent foreclosure rate:
Unemployment
Foreclosure
Here are some additional tidbits and numbers for California, the good and the bad:
• The Obama stimulus bill will create or save an estimated 396,000 jobs in our state alone
• Thirteen banks have failed (highest number after Georgia, with 21 bank failures)
• The banks that failed in California were: Vineyard, Temecula Valley, Metro Pacific, Mirae, First Bank of Beverly Hills, Alliance, County, 1st Centennial, Downey Savings and Loan Association, PFF Bank and Trust, Security Pacific, First Heritage, and IndyMac.
Tags: bankruptcy, debt, foreclosure, homeowners
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Pragmatist – Obama, no blank sheet of paper, Tuesday before the Thursday summit Obama lays out his healthplan and by the way if you don’t accept it, then we’re going to shove it down your throat through reconciliation process. So what is the GOP should be discussing on Thursday?
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