The $5.6 million pot of money Hernando County has been earmarked to help low- to moderate-middle income homebuyers move into foreclosed homes county is still awaiting final state approvals. ...more

July 24, 2009

The county hopes to have in place by June 1 a plan to help move low-income people into foreclosed homes. ...more

April 1, 2009

County hopes to start it by June 1. ...more

March 31, 2009

Only one citizen took advantage of the required 15-day comment period regarding the proposed Neighborhood Stabilization Program (NSP) up for discussion at Tuesday's special commission meeting. ...more

March 29, 2009

With hundreds of homes currently in foreclosure in Hernando County, it didn't take much impetus for county commissioners to green-light a program designed to help alleviate the situation. ...more

March 11, 2009

A number of editorials in major and local newspapers repeat the mantra that the collective "we" caused many of the crises facing us today; that the collective "we" allowed our leaders to be corrupt; that "we" kept putting the same corrupt elected officials in government; that the collective "we" were spend thrifts, using credit cards to buy now and pay later, letting the bills pile up. And what about the credit card corporations? ...more

January 25, 2009

Yet another bank is to be "bailed out," namely CitiCorp. ...more

November 26, 2008

We no longer have to worry about gas prices, food prices, medical care or losing our homes. ...more

July 16, 2008

A comment heard on the radio aroused a compelling response. The caller said that both parties contributed to the serious crisis facing the country today, and contributed to the enormous $9 trillion national debt, and severe Social Security, Medicare-Medicaid crises. It is ironic that the caller cited the last 40-50 years. Consider this. It took 200 years (1787 to 1980) for the national debt to reach $1 trillion. It took 27 years for it to balloon to $9 trillion (1980 to 2007). Ergo: $6 trillion (1980-1992); +$2 trillion (1992-2001); -$5 trillion (2001 to 2007). Total: $9 trillion. So, who was in charge during those years? Who caused the $7 trillion hit on the economy in 2000? Who provided the prescription drug bill that was to cost $400 billion, but ballooned to $1 trillion and caused health care cost to increase 10 to 15 percent each year? Who allowed the corporations to duck their obligations for pensions all across this country? Who sat by while the banks and mortgage corporations manipulated the hapless home buyers to sign those sub-prime mortgages? As an immediate first step to resolve the crisis, who bought $2 millions of those egregious loans, then reduced interest rates for the banks and mortgagors, but left those hapless mortgagees swinging in the wind? Who is being held accountable? Where are those trillions and trillions of dollars? The answers? Corporations and our government! ...more

February 2, 2008

The sundry rules that control the ebb and flow of funds in the state-run investment pool for local governments fail to answer an unexpected question: If investments lose money, whose money is lost? ...more

January 4, 2008