This week I read an article in the Star Tribune called, Nation's foreclosure rate in October increases 25 percent year-over-year, with Nevada on top. This articles name is pretty self explanatory about the fore closer rate in America still rising by the month. More then 279,500 homes in America received a notice on their door for a forecloser warning this year, and more then 84,000 thousand homes were repossessed. The three highest for closer states in the united states are Nevada, Florida, and Arizona. Because of this growing economic problem the government was forced to pass a $700 billion dollar rescue package to buy bad package assets from banks but some still are very sceptical about this plan like the Secretary of Treasury Henry Paulson, saying that they probably wont be used to buy such troubled assets. Though there doesn't seem to be a clear solution to this economic crises many people are hoping it will work itself out over time.