January 1, 2008

More needed to help stabilize U.S. housing: W.House (Reuters)

A U.S. flag flies at a tent city for the homeless in Ontario, a suburb outside Los Angeles, California, December 19, 2007. More steps by Congress and the Bush administration are likely needed to stabilize the imploding U.S. housing market, a senior White House official said on Tuesday, as more signs of distress appear. (Lucy Nicholson/Reuters)Reuters – More steps by Congress and the Bush
administration are likely needed to stabilize the imploding
U.S. housing market, a senior White House official said on
Tuesday, as more signs of distress appear.

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