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Monthly Archive May, 2009

Florida bridge slammed as waste of stimulus

May 6, 2009

The most expensive item on Florida’s list of economic stimulus projects is drawing fire from some residents and at least one public official, all questioning whether it’s needed at all.
The proposed $128 million Indian Street Bridge across the St. Lucie River has been debated in Martin County, Florida, for more than 20 years. But […]

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No bankruptcy help for homeowners

May 5, 2009

The Obama administration lost a bid to add a powerful weapon in its fight against foreclosure Thursday, after the Senate voted down a proposal to allow bankruptcy judges to modify mortgages.
The defeat left many housing advocates questioning the effectiveness of the president’s loan modification plan. The so-called cramdown provision, which would allow judges to […]

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