A skeptical leftist's, or post-capitalist's, or eco-socialist's blog, including skepticism about leftism (and related things under other labels), but even more about other issues of politics. Free of duopoly and minor party ties. Also, a skeptical look at Gnu Atheism, religion, social sciences, more.
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As seen at Washington Babylon and other fine establishments
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April 05, 2010
Real estate bubble hits churches too
In the past decade, many of them overbuilt and overbought as much as many of their parishioners, and on as bad of mortgages. They're now paying the price. Especially for churches who preached the prosperity gospel, this is a definite moment of schadenfreude. And, interestingly, it's non-denominational congregations that are taking the biggest hit.
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