The housing market seems as if it may take a "double dip", when housing prices go down shortly after them going down en going back to normal. according to new statistics this Tuesday. 8 have been hit by the decline of house prices, these cities include: Atlanta, Charlotte, Portland, Miami, Seattle, and Tampa. These cities had the lowest prices on their records. One reason this is happening is that not many houses are being sold.
This is odd since normally it Is the housing market that will help a country get out of a recession but this time it is doing the opposite. Not many homes are being sold and mortgages are extremely hard to get. Some government programs are helping deal with the problem but one are really helping to stop the problem.
Breaking News: Florida Police Deaths
In St. Petersburg, Florida two police officers were gunned down on Monday, helping to serve a warrant. Florida is in shock, after already mourning police deaths in Miama. Nationwide, 11 officers were shot in a 24 hour time span, only two of them were fatal.
In the month of January alone, 14 police men and women have been shot and killed, according to the Nation Law Enforcement Officers Memorial Fund (NLEOMF.)
Sgt. Thomas Baitinger and Officer Jeffrey Yaslowitz were killed helping other officers to serve a warrant.
“Than’s not normal,” said Steve Groeninger, a spokesman for NLEOMF. “It kind of seems like law enforcement, because of their uniform, have a target on their back.”
Protesters taking to the streets in Cairo, Egypt were restrained by police forces after a day of public rage and protest of the government. The police used water cannons and tear gas to break up the violent protests on the streets. Four people died when the protesters first hit the streets, and the protests ere partly inspired by the tumult in nearby Tunisia. The protesters were mad at the rising cost of living, failed economic policies and corruption, but all of the reasons were condensed into a single chant, that President Hosni Mubarak must go, a man who has been in power for three decades. The protests are being organized by facebook, where protesters are calling for “strikes and marches and marches in populous neighborhoods” for Wednesday, but they did not outline specific plans. Twitter was also blocked on Tuesday after saying that “the open exchange of info and views benefits society and helps governments better connect with their people.” The Prime Minister of Egypt denied blocking Twitter, saying that “The website might be slow due to heavy usage.” Protesters claim that the police/security turned into monsters, having no distinction between an elderly man, a woman, or a child. The president of Egypt is known as a U.S ally, known for helping to stabilize Iraq and helping forge peace between the Palestinians and Israel. America contributes over 1.3 billion dollars in military aid anaully to Egypt, and a spokesman speaking on behalf of Obama said that all parties should refrain from violence and lift all bans on protests.
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