Current Event:

This week, there was an article in the Washington Post titled "HUD Sets Aside $95 Million To Ease Foreclosures in Area". The article explained how HUD has a plan that will help states fix their housing problem. If a state can write up a plan to help fix their individual housing and mortgage problems, HUD is prepared to give them a sum of money to start them off. In reality, the amount of money that would be granted to each state and to individual counties is not that much, but at least it will get the ball rolling.
I think the plan sounds like a good idea. At least HUD is willing to offer up money to help solve the problem. Plus, the idea that the states and other local governments have to write up their own plans (even though the plan must fit within certain guidelines) is a great idea. Because each state's problem is unique to itself, the thought that the states must fix their own problems is a good one.