More Banks & FDIC in trouble, housing numbers and more

[GamingExtreme187]

george4title  is a sneaky cunt

[velvett37]

They must really think we are stupid...things are going to hell in a hand basket. I have 18 homes on my street....12 are vacant due to foreclosure. These homes sold for 390,000 3 years ago and are now auctioned off for 170,000. They will insist on another bailout...when that happens we all need to dig a shelter and stow away food. They will never stop sucking us dry.

[farbebekennen63]

Sorry, I had to reedit the videocomment. Thank you for your comment. Greeting from germany.

[cds162]

one in four home owners are in trouble??!!?? think about that...

as you wake thru the supermarket one in for of those people are in trouble! look around as you drive in and out of your hood... banks are taking homes back.. it isn't getting better.. it's getting worse.... a lot worse...

[jaingxu]

cool video

[toshibavoodoo]

great

[jimbobubbadj]

I agree with you bro, the loans being made by the FHA to the bottom feeders is incredible. I know some lowlifes that were able to get a loan for a home recently. They were tenants of mine thats how I know that they are not credit worthy. I guarantee that they will default within several months.

[jimbobubbadj]

Starve the beast, take all of your money out of 40lks, 403bs, iras, bonds and stocks. Keep a minimum amount of money in the bank to pay bills. Buy gold, silver, guns and food. Get to know the neighbors.

[oddfellowsbooks]

Time to reclaim our Sovereign Citizenships!

[AZRacer2000]

There are NO Green jobs, yellow jobs etc bro! Cmon man! Dont you know that Global Warming is a HOAX? If not, you need to keep learning man! Because, If we are all dead, NO ONES gold, silver, money, etc is gonna mean shit! HYPER- inflation is coming bro! The Dollar is worthless! 18 months tops! Listen to Celente, Tarpley, etc!!

[AZRacer2000]

Hey bro, thanks for your postings! Altho some of Us are just barely making it out here brother! We have a small business, and the health care Plan along with the commercial real estate collapse is really hurting Us too! The Banks are NOT extending credit so we can get inventory! They are supposed to be stimulating the economy and we ALL know they are NOT! its time to throw them ALL out! Please look at Doc's video" Get a Rope" this is what needs to happen, because China wants to OWN Us!

[george4vlogging]

love your videos...most underated man on YT

[frgtmygld]

Thanks for another great video.

[haserterr]

I am one of the lucky ones. I have rental property but recently was able to sell one of them. Went to closing on Monday.

Needed a lot of work but I still made a profit.

They took out a loan for almost 100%!

Have we not learned anything?

[fishingthewatershed]

I am not looking forward to competing for jobs with a Chinese laborer who's average wage is $200 a month. Perhaps isolationism is the way to stability? I know that the first thing we need to do is get our house in order. This means voting out incumbents according to their voting record, elimination of all government lobbyists, and removal and prosecution of the Federal Reserve and the board of directors. After this we MIGHT be able to salvage some of the Republic. It's our country after all!!

[FreedomForYouAndMe]

AMEN! Well said!

[jocknomore]

Hi Big D, Good job, I appraise commercial real estate in the NW burbs well everywhere really, your info is spot on. One guy in my office had his heloc cut to outstanding balance squashing his plans for a needed roof repair. Paycheck to paycheck is a bitch.

[FreedomForYouAndMe]

I just wish I could reach more people with this information. The public in general is sooooo blind as to what is really going on. If you could, keep me posted on what you are seeing out there so I can get reliable information from experts in the field for my videos! Thanks again

Dan

[elephantinpajamas]

i wish you'd do more updates like this. good information and presentation. just one comment: when you said there are so many english speakers in india, depends what you mean by english. when i traveled there it was only in the big cities among the professional class that they spoke a recognizable english. other than that, it's a distant dialect. take care.

[FreedomForYouAndMe]

I should clarify, able to speak enough English to work with/for American companies. Thanks for the positive feedback!

[fal2grace]

Great update! Thank you very much.

[Boomer1949]

I watched Bill Moyer's show and he interviewed a guy who's Dad wrote the definitive book on the Great Depression. His take was that what is happening right now is a struggle to "get back to normal" when in fact it's not what this nation needs to do at all. We need to work toward a new and innovative future, not the same ol, same ol. India want's the green industry, sure they do, to sell it to the US..where do they think we'll get the money?

[FreedomForYouAndMe]

@Boomer1949

Exactly, great point!

[Swanny383]

keep up the good work, I work in the corrugated paper industrey and things look pretty bad, last Jan, Smurfit-Stone went chapter 11,they were the largest box manufacturer in the US, and just last month Internation Paper/ I-P cut 1600 Job's, one qustion,,,why would they make boxes for stuff you don't want or you can't afford(no job), I trully think it is going to get ugly,,very ugly,, "black" friday this year will be the "brightest" thing for the next year.

[InflationUS]

great stuff

[Howouldado]

I really enjoy your channel. I wish you would post more often. Thanks!!

[FreedomForYouAndMe]

@Howouldado Thanks! That means a lot! I own and run 3 companies and I am looking to get into a 4th. I would love to do 2 videos a week but I am trying to keep everything running smoothly. That's why most of my vids are made at night now. It still amazes me that a Paris Hilton video will get 2 million hits and "truth" videos get a couple hundred with the exception of a few people in our movement. I should make more so I can stay on topic instead of cramming everything in...hmmm maybe 1 Friday?

[mcgrawtim123]

Thanks for the video. It's a free market and the banks that demand their mortgage holders live on 51% of the property will lose business.

As an Irishman I will always detest landlords. Sure, it's fair, it's the system for the renters to pay the landlord's expenses,,, but I think it sucks...big time.

[FreedomForYouAndMe]

@mcgrawtim123 Sounds like you had a bad landlord. My point was there is a way to circumvent the banks and use their money to your advantage. I think the point is to maximize your income and this is one of the easiest ways to do it. Yes those banks will lose customers but it is another clamp down on those who wish to live a "free" life. Thanks

Dan

[mcgrawtim123]

My ancestors had a bad landlord called the British Empire. No worries.

I understand your point and well taken.

[jcattera]

Gold!! New Record as of tonite! $1180/oz Holy shit!!

[FreedomForYouAndMe]

@jcattera Wow! Had not heard that yet.....this is not good.... it will be MUCH higher by the end of the year. Good looking out!

D

[centervilletn]

I know of several pieces of forclosed realestate bought by banks....at a premium price..above the mortgage price...any ideas why?

[FreedomForYouAndMe]

@centervilletn Above the mortgage price or asking price? If someone has a 100k house and a mortgage of 40k and someone buys it for 60k? Is that what you mean? Hit me back and let me know

D

[centervilletn]

i know of 3 forclosed homes that were mortgaged in the 130s and sold to banks in the 150s...other houses in the neighborhood have been selling in the 90s. i dont get it...ive been watching these homes there is no logic to it...maybe the banks are trying to hold up the neighborhood prices?...government program? Hiding losses?

[centervilletn]

GREAT VID! super to have experts on particular subjects make vid...its folks like you that keep folks like us in the light instead of the governmental induced darkness

[FreedomForYouAndMe]

@centervilletn Thanks. Help spread videos like mine and others (I know you do) the more the truth videos go out, the harder the MSM has to fight to fide the facts. Thanks again

[tkd91604]

I appreciate your expertise.

[FreedomForYouAndMe]

@tkd91604 Thanks

[1mealperday]

got a reverse loan last xmas. Had we not done it we would have lost the house. Now we are happy as clams with no rent to pay until we die.

[FreedomForYouAndMe]

@1mealperday I know of 2 people who have done that are glad they did. The problem is the banks may want to come back in and reappraise the house now that values have dropped. Keep you head down and you can make it through this mess!

[centervilletn]

cool...seems like the bank is really going to lose since homes have lost a bundle since you did your reverse...you are one of the lucky ones