Today banks are raising fees or closing their doors. Whole communities have been effected, leaving empty mega-mansions, browning lawns, and mosquito infested swimming pools. Those with jobs tighten their belts, while the unemployed re-train, relocate, and re-adjust priorities -- all the while holding their collective breath. As of October 29, 2011, Occupy Wall Street protests have spread to 1039 locations in 79 countries in response to troubled economies, as well as charges of corporate exploitation and budgetary malfeasance by political decision-makers.
The housing market in Riverside and San Bernardino Counties will continue to struggle until jobs return. Interestingly, the local press reported the stockpiling of land and housing properties by international buyers and local speculators anticipating the turnaround. FAULT acknowledges the many tectonic shifts that have hit California, while resisting the easy temptation to distinguish between innocent foibles and deliberate greed.