From British daily News Line today:
That was the warning made yesterday by housing charity Shelter, which has written jointly with Citizens Advice, the Council of Mortgage Lenders, and the Building Societies Association to the new Tory chancellor, Osborne, and the Liberal Democrat business secretary, Caborne.
Banks in the US repossessed 92,400 homes in April, a record number. At the present rate, with more than 350,000 houses taken over by lenders in the first four months of 2010, more than 1 million American homes will be repossessed this year: here.
In the wake of the $1 trillion euro bailout agreement reached at the beginning of this week, governments throughout the continent have unveiled austerity measures that include sweeping attacks on jobs, wages and basic social rights: here.
The imposition of draconian austerity measures in Greece has been used as the occasion for the media to demand a similar assault on workers in the US: here.
New Jersey Governor Christie is continuing his attacks on teachers and public employees. Similar measures are being taken across the US: here.