As friends and family 'double up', overcrowding is up fivefold

[katty]

more: http://www.msnbc.msn.com/id/36231884/ns/business-eye_on_the_economy/

Since Richard Brown lost his job to the recession and his Boston home to foreclosure a year ago, he’s been working short-term consulting assignments until he gets back on his feet. In the meantime, he’s been “couch surfing.”

“I’ve lived with my brother, my cousin, my friend and my dad,” he said. “The IRS keeps calling me, asking me: ‘What’s your address?’ And I say, ‘What week is this?’”

Armed with college degree and an MBA, Brown, 49, built a solid resume over three decades as a corporate controller for several Fortune 500 companies, including W.R. Grace and Wal-Mart, before launching his own global consulting business with clients in Europe and Mexico. But when the Panic of 2008 sent clients scrambling, he was unable to keep up with a jump in his mortgage payments and lost his home to foreclosure.

[Newsjock]

1. The Democratic Party needs to reach out to people like this

Because if they don't, they're prime pickings for the teabaggers. These folks are angry -- we can channel the anger productively, or they can channel it into hatred.

[Fumesucker]

4. This guy was a corporate comptroller for three decades and never saved enough

To weather a downturn in business?

You'll never get him to become a Democrat, he's totally infected with the Republican virus.

[SoCalNative]

2. Well, he worked for Wally World

karma's a bitch

[canoeist52]

3. Happening in my house too.

Kids can't afford to move out and we took in a friend who need a home. You're right that democrats better pay attention. I know that republican policies put us in this situation, but keeping these policies in place will never get us out of this.