You can listen and/or download the talk show "On The Commons" taped on Saturday, March 28, 2009.
Much like a bunch of dominoes artfully set up in neat, precise rows, our entire economy is failing. Knock one domino over and you have a chain reaction and they all fall, one after the other. Pull the rug out from under one industry and they all come tumbling down. It is no surprise that times are tough all around. And in time past, when things got bad families, friends and communities rallied around and endured the bad times together. But times they are a changing. Communities, once the glue that kept everything together, appear now to be exacerbating some of the problems.
Talk show host Shu Bartholomew and Jan Bergemann, President of the Florida based Cyber Citizens for Justice, are talking about the problems of a system that promised protection of property values, but actually delivered a financial trap for the homeowners "still standing".
Problems that seem to arise right from the very beginning when a developer gets into trouble, to the problems that arise as foreclosed properties grow in number and the remaining homeowners decide they can no longer shoulder all the "common" expenses.
Associations, that can't pay the bills and fall into disrepair due to many empty homes and foreclosures, turn into "war zones" and even people who are paying their bills see their utilities shut off.
Adding to the disaster is an increasing number of reports about embezzled association funds -- enforcing the demand for a condo police force for financial issues.
Just listen to this edition of "On The Commons". It's another eye-opener!