The Colorado Chieftain is where the Pueblo foreclosure list is published once a week. I usually glance at it. It's very tiny print and today it's 47 pages long, lately it's been many more pages. And it's so hard even at a glance, not to see pain written in that newsprint. You know you are seeing peoples dreams go up in smoke.

Pueblo is a pretty small community, despite it's 125,000 people. My favorite joke about Pueblo is that every one is related to one another and every one knows each other and they all deny it. But it is heart breaking to go page by page and see names you recognize. Even today I saw one lenders name I know and a couple of Realtor names. OK, these were investment houses, not personal homes. But nobody buys a house thinking they are going to loose it some day.

The lender whose name I saw today also does rentals. When I get a contact for a rental I usually call him. But as of last week he is out of the business, no more rentals, no more lending on mortgages, now he works at a local furniture store. He said he couldn't rent anymore when he knew the landlord was in trouble. To many people he placed into rentals with one leases were being evicted because the landlords weren't paying on the mortgages.

When are we going to recover from this disaster?