Political Quotes

Jack Reed: “One out of ten homes are either in foreclosure or 90-days delinquent, and that saps not only the energy from the economy”

On the recordFebruary 24, 2010
One out of ten homes are either in foreclosure or 90-days delinquent, and that saps not only the energy from the economy
Said by
Jack Reed
Democratic · Rhode Island

Editor's note · Context

Discussing the impact of mortgage foreclosures on the economy and the American dream.

Share

More from Jack Reed

Sep 1, 2026

President Trump has been explicit about his desire to extract Venezuela's oil," Reed said in a statement.

cbsnews.com
Sep 2, 2026

His administration removed Nicolás Maduro from power, threw its weight behind the unelected leadership that replaced Maduro, and is now attempting to use U.S. military assets and taxpayer-backed financing to boost a private oil venture.

cbsnews.com
Aug 18, 2026

While the President and his family accumulate billions of dollars through dubious deals, normal hardworking Americans are struggling just to get by.

vanhollen.senate.gov
Sep 29, 2026

RIPTA strives to provide affordable and accessible transportation to all, but that mission is jeopardized.

rhodeislandcurrent.com

Other voices in this conversation