While our governmental leadership continues to throw money all over the countryside without attacking the real problem with the economy, the problems remain as a very serious impediment to economic recovery.
The problem is the fallout of over leveraging by financial institutions in their purchase of toxic mortgages, or derivatives containing these extremely over leveraged mortgages. If you have had trouble keeping your eye on ball on this subject, you are in good company.
Recently, CNBC put together an outstanding overview of many of the aspects of the housing crisis, which whether you realize it or not, directly effects you and your family. David Faber is the host of CNBC's House of Cards. CNBC has put together several outstanding documentaries in recent years and this one is among the best.
Certainly, whether you are an individual involved in the real estate industry or a citizen interested in keeping up with the things that impact your economic health, this is required viewing. Check your local listings as it will continue to be re-broadcast from time to time.
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