Damn, Now T-Boz Is Being Swept Up In The Foreclosure Madness! Are We Approaching A Depression?

I'm not sure if I'm content just calling this a recession. No matter what we want to call it,I know that you better save every last penny! There are too many celebrities losing their homes for comfort.This Christmas season should be a lesson in frugality. Now, T-Boz,of TLC,is the next celebrity to lose her home to foreclosure. Here's more from NY Daily News:

"The latest victim of the mortgage crisis: former TLC star T-Boz.

T-Boz, a former member of the all-girl music group TLC, is losing her home due to foreclosure.

T-Boz's five-bedroom, nearly 10,000-sq. ft. Georgia home will go on the auction block in January 2009. According to public records, she defaulted on nearly $530,000 in payments, and now the state is taking it.

Other celebs including hip-hop mogul Damon Dash and songstress Aretha Franklin have also had their homes foreclosed upon."(END OF EXCERPT) Read the whole article here:
https://www.nydailynews.com/money/2008/12/11/2008-12-11_recession_hitting_celebrities_too_former.html