A financial meltdown is taking place in Cities and Counties and States all over America. Teachers, Policemen, Firemen and other vital employees are being fired because there is not enough money, in the budget.
During 2007 and 2008 every block in Maywood CA had houses that were under foreclosure. It was heart-wrenching to see soup lines at local churches grow longer and longer. This financial crunch has become a desperate situation all over America. Former Mayor Sergio Calderon has seen Bank Failures, Foreclosures and Meltdowns impacting his neighbors and our country.
Sun July 11, 2010
Subject Maywood Mayor Interview – Economic Meltdown – Cities Melting Down