Connecticut foreclosures are on the rise as they are throughout the country. There were 7,747 foreclosure filings in Connecticut in the third quarter of 2007. This represents a 920% increase over the third quarter of 2006. The failure of sub prime loans is affecting markets across the world. This bill is designed to prevent many of the predatory practices and loan terms that created the current lending and foreclosure crises.

Newsday - November 15, 2007

HARTFORD, Conn. - A new report says it's easier for the public to learn about state contracts, economic development subsidies and lobbying activities in Connecticut than any other state in the country.

The Washington, D.C.-based Good Jobs First organization released its study of the quality and quantity of state government disclosure on the Internet. The Nutmeg State ranks Number 1.

CORPORATE CRIME REPORTER

Democracy, Corpocracy, Kleptocracy
21 Corporate Crime Reporter 44, November 7, 2007

Democracy – government by the people.

Corpocracy – government by the corporation.

Kleptocracy – government by the corporate criminals.

Now there’s a three step program Wall Street can relate to.