508 #20: Foreclosure

508 is a show about Worcester. This week’s co-host is Brendan Melican.

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A listener writes about the EPA, Worcester, and water treatment. Worcester Magazine has a great cover story on adult entertainment zoning. A Telegram & Gazette reader complains that they ran a letter based on a posting on their “Speakeasy” message board. (I can’t find the original letter with a Google search–let me know if you find it.) The New York Times, which owns the T&G, is having hard financial times.

Did you know that there’s another podcast that touches on local issues? Check out Facing East.

The Lincoln-Estates Elm Park Neighborhood Association website has gone blank. Worcester Magazine ran a bad editorial about surveillance. We tie the surveillance issue to reduced revenues from water and trash.

Mike talks about his adventures archiving City Council meetings.

Guest Grace Ross explains the foreclosure crisis and how it’s affecting local residents.

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One thought on “508 #20: Foreclosure”

  1. The interview with Grace Ross was awesome. It’s also a little spooky in light of what we know now about the scope of the mortgage crisis. If more leaders had adopted her idea of ‘untangling’ the problem mortgages we might have been able to avoid the situation we are in now. Since the beginning of this crisis, home mortgages have been treated as though they don’t have a paper trail, as if it’s impossible to find out who is responsible for issuing them and where the money is now. It would have been expensive to turn back the clock on all the bad mortgages but knowing what we know now, we might have tried.

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