My small town in NC, was the furniture manufacturing capital of the nation for many years. It now has become an empty shell of closed down buildings. Thank you Nafta!
You ask how the hotel could be financed while the offices are built and vacant. The Hotel market is very hot, and has been for some time. I couldnt say why, but I was on a trip to Vegas awhile back, and every hotel and casino was jam packed. Where I live in the Palm Springs area, the hotels are heavily booked. Its a completely different market than those offices, which rely on other types of businesses to occupy them. Many vacant buildings where I live as well. Commercial and residential.
Tearing down vacant buildings including residential homes vacant is the only solution, Maybe 700 Billion Dollars should of been used to tear down vacant homes and any other vacant buildings instead of worthless places.
I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks to the people!
George, surely you realize that if something no longer makes economic sense it will be replaced. we need the land area to grow food anyway, and smaller abodes. I am not thinking cardboard shacks. i am thinking high quality abodes, just a lot smaller, with room to grow our own food. and walking and biking, meeting and talking with neighbors. the future is not all gloom and doom.
I have a feeling Wal Mart's and others big box stores will go FAST, SOON, AND HARD!! When the dollar collapses and Chinese exports become harsh, those stores will become dysfunctional...
And the government will simply "ask" Walmart for tapes and Walmart will simply hand them over, no subpoena or anything. Of course if Walmart says no, they will simply get a warrant or whatever. Same goes for Gmail, Facebook, you name it, the government has access to all of your information when they decide to want it.
I took my entire 401k and moved it into tangible, allocated gold in Canada. GTU on the amex. So when the shit hits the fan...at least I can cash it in..pay the penalty/tax and buy a trailer in the country. My doom stead.
i estimate that u will be living along side 150,000,000 others who will eat the country dry within a few weeks. then u will be worse off then when u abandoned society. good luck with ur master plan, ha ha
It seems like a lot of comments here are people who still can't handle the truth. Its a shame that America is still in denial. Young people talking about myspace and iphones. Not addressing our problems and senseless wars. They are keeping the sheep distracted. Give'em credit, toys alcohol, SUVs and sex. Yup it really is classic empire decline.
@energyxprt Isnt it though, we've (LET) illegals flood our borders, take our job, (LET) communist,socialist,marxist, (how kiss our enemies ass),run our country!! This once was a great nation!O the good old days and im only 42!! But as (THEY) say 'MOVING FOWARD' we are simply screwed to put it nicely! We've (LET) all this happen we shall get what we deserve!! I so agree with you!!
I love the end of this video LOL! Yup those girls have no clue or care. It will hit them sooner or later. Its hitting a lot of people including upper middle class and the rich. Remember the greatest depression is just getting started. The hotel probably did dome dirty deal with the city. Got some kind of tax break and other incentive to build. People with money have ways to never loose on a deal.
China will no longer give us loans,cash for clunkers was a program to send China steel for money,our credit line is no longer so both sides want a hush hush to the facts.The truth will drive the dollar to zero,this would hurt the US and China
LOL I agree, there was a homeless guy videotaping police officers but a week later when there was a cop videotaping him he started to say it was invading his privacy.
I always like walmart parking having cameras, it wards of crime, makes people feel better, why els do you think they are so big? they could be fake for all you know....with tiny ones in other places. All of your life there has been this stuff, it is you just now over concerned....There is no way that first development with windows is a year old, I can age it by the color of the lumber, number 2 on the other hand was old. Still, the sky is far from falling.
@TheKemian It was planned this way a long,long time ago. China has been tapped as the new superpower and world manufacturer. The US will be brought to second or third world status.
Watch who you tell what you have! They will be at your front door with a sawed-off shot gun to take your shit! Play dumb, dont tell anyone but CLOSE family.
People at work know what I got. If they do decide to show it would be great. Hopefully there would be at least 5 that shows up. Hell we would get a lot done.
Walmart for years has had cameras in the parking lot because criminal activity. Many americans have moved on from fearing the worst because they have to worrie now about where the next meal is coming from. That is why the economy is not taking off because of sheer worries but once food and basic living are achived then things really move to stablity. Time will heal this situation but only if people act responsible and stop listening to media and think for themselfs again like the old days.
Listen...if you cant see for your very own eyes and ears that America if pretty much finished then i dont know what to say because jobs are constantly being lost and they are shutting down big companies...just look at majority of California and look at Detroit that place is desolate (empty) that is how all of America will look pretty soon...Obama will not save this country it is in too much in debt to get out of debt so it will continue to fall until it breaks into pieces.
It's funny because most people just don't get it. My brother and sister in law just spend $1800 for a stainless steek fridge, but it's only $20/month payment. That's HOW you stay in debt!
Here I'm sitting alright, cash in hand with a $350 fridge that's doing great after eight years.
People don't get it. It's going to hit like a MAC truck and lives are going to get overturned. Out here, they're taking offers on homes because they don't sell. Save what you can.
the funny part is that you average everyday so-called Americans are running their mouths about things that are not important and talking about myspace, or their new Ipods or new cellphones but...that is NOT even IMPORTANT at all...they are clearly blind and living in wonderland and waiting to be hit in the head with a brick wall.
Clueless is another word for it. You know there are not prepared in the least. When the S**t hits the fan they will loose their mind and maybe loose their lives because they can not handle the reality.
You are right on--Anyone who gets a check from Google/YouTube (corporate Internet goliath) based on site viewership has a job. George is on the cutting edge of our strange post-industrial economy.
This is what's going on here, George is just taking his video camera and going around filming bogus and boring videos so he can get his monthly check from youtube. He talks about inflation but doesn't even try to get a real job. Sad.
Your choice of the term "bogus" is ITSELF totally bogus. George is taking videos of what he SEES with his own eyes! This is not a cartoon! Yes, he is focusing on problem areas, & THE POINT IS that there are so many of them: Inland Empire, Lancaster/Palmdale, San Fernando Valley, South Central, Pomona, Ontario, Mojave---You are either a frightened real estate investor or a shill for some chamber of commerce in some drive-by trash-strewn suburb like West Covina, which was a dump in 1980.
you have to understand that what happens around riverside does NOT happen in SOCAL. Just because you live in a ghetto area doesn't mean it happens all over the US.
rock on dude, the smart filter at my local library prevents me from going to yours or mot's websight, they are considered malicious. aint that the shits. keep posting!!!!!
This IS George's job. He is showing a lot of people (including former Californians like me) the impacts of the inevitable market collapse that followed an absolutely unsustainable speculative frenzy in Kali resi real estate from 2000 to 2007. Now, he is going to document the predictable meltdown of the commercial real estate market. We don't know how many retailers will go down, but some players will emerge stronger than ever. Among the survivors will be Nordstrom's, JCP, & WalMart.
wtf since when is anyone's job 'new'? Unless you are an inventor or something buddy, I highly doubt your job produces anything new either. So please just stfu, stop ragging on george, and get back to your new and important job. Maybe if enough dumb fucks like yourself heed my advice then you can be the catalyst to our recovery!
Kali holds 36 million people, & there are companies there that will continue to produce products that folks will buy: Music, movies, wine, software, all kinds of food products, & sophisticated services like engineering. HOWEVER, you need to start thinking of it in terms of a larger % of the population living in permanent poverty, while the elite & upper-middle class do well. Study industrialized Hispanic countries like Brazil & Argentina that have a ferocious gap between rich & poor.
why don't some one contract to tear down them buildings by hand that way the lumber and things can be saved and create short term jobs ever one talks green then sends in a dozier
George, how do you feel about YANKEEPREPPER speaking out against you and others in a derogitory video, telling you to "STOP IT"? Telling us as a communtiy to stop following yours and others channels/videos. I for one no longer want ot consort with this "off balance patriot" trying to divide us.
Everyone wants to blame Bush, meanwhile, Obama is digging us into a deeper hole ...with ZERO plans and ideas on how to get us out of this mess. He's too busy making speeches and accepting undeserved prizes and applause.
The cameras at walmart are not high quality... they sustain constant weather bombardment, and they are very cheap. you cannot read license plates through the monitors. They are there as a deterant from people stealing and breaking into cars on thier lot.
Girls are to clueless to even know what is going on outside of their small little world of how to fined the date.
Good video 4people who do not have opportunity 2see it as this is going on all over the country! Truck drivers feel the economy crashing in their own profession & what this video is showing is sadly so familiar to them & the people who care 2see the world around them. Soon 'We The People' are not going to recognize America as Thomas Jefferson quotes...children wake-up homeless...
You might want to consider studying economics before you make your outlandish comments. Either you have your head stuck under a rock, or you just want to deny whats around you. Seriously, do some actual independent studying on the field of economics.
Its funny that you would use the term representative sample, especially when we have politicians who don't represent the people but their own interest, especially when you have such huge rallies against the reckless spending, and our "representatives" call us all manufactured protesters. You know, I can say the same about SEIU, who actually had members beating a black tea party protester calling him the n word. You call us racists, what about that?
If you want to grow an economy you will have to slash Capital gains taxes and the taxes on the rich. Try explaining that to a democrat. You might also take a look at the over regulation that is chasing buisness over the borders.
I presume this footage was taken in Riverside? If not there, can you indicate?
San Berdoo? Fontana? Moreno Valley?
Best,
BB
(Kali man who got out when the gettin' was good.)
Thought: When Mervyn's (a huge former Kali retailer) went bankrupt, what happened to those thousands of employees? BTW, Kali utilities are doing layoffs now--High paying jobs---poof!
Yes, my family and I do thank them, and we say thanks by working very hard, respecting the regional culture, and obeying all the laws. By the way, did you realize that Kali has lost about 30% of its manufacturing jobs since 2001? You cannot run an economy solely on real estate brokers yapping on cell phones, Starbucks clerks foaming your latte, and folks wandering around in WalMart, buying Chinese plastic crap that they don't need. Kali needs to bring back real industry.
Exactly, and just to add: one manufacturing job equals three service jobs in the US. If you do the math, our nation is about 60-70% consumer and service industry, with less and less manufacturing. To sum it up, we're screwed.
Great Video. I think this is happening everywhere, but I dont know to this extent. Me and a partner just rented a commercial building for $250 dollars per month. It isn't a huge building and it needed some work, but it sits on a roadfront that has lots of traffic. If the economy was good, this would be an $800 dollar per month building. The guy was asking $450 per month just to get someone in it & he was advertising heavy. We were the only ones that called. So we negotiated & got it for $250.
No, this is not happening everywhere. I live in the middle of Christian, Redneck, non-union, low-regulation Heartland, & we are doing pretty well. There is no economic boom here, mind you, but life is pretty normal for 95% of the population, & everything is up and running. Warning to potential Kali refugees: If you are weird, have issues, don't like straight Christians, & have no practical skills, don't waste the gas money to drive out here. You will just have to turn around.
No question that Kali going down could affect the entire US--But it is not that simple. Some people in Kali will continue to do well, and lots of folks who produce military systems, industrial chemicals, specialized machine tools, petrochemical products & 100 others in my region will do well. Kali is a complex, huge place, & business will continue, but more folks on the margins will live in a permanent struggle to survive. Imagine Argentina & Brazil, and you will get the idea.
Every mall and large chain store has security cameras.people get mugged,carjacked,and even murdered in mall parking lots all the time.and those cameras help catch the bad guys.
Yeah I gotta agree man I love the vids but the cameras at walmart are for that reason alone, security. It's okay to make people cautious but don't start spreading paranoia too.
how do you know that does girls in the SUV care less about the economy than you? did you ask their opinion before you came to that conclusion? is it the SUV that gave you idea? Did they say sometime dumb? I dont see the logic but ok.
I am already checking into how to ope a business, so when the economy starts to turn around, imma have my hand in the grab bag of money, too.
Right now, aint shit opening but hotels in an effort to make more money from displaced people. No lease so it's easy money minus the court sessions when somebody breaks the lease. smdh...
Actually the security camera in a walmart shopping mall helped place a wife and mother who was grabbed and taken away by two men. She was murdered. They were arrested and the state they were in they were given the death penalty. They would not disclose the location of her remains. But there would of been no lead at all if not for the Wal mart camera in the parking lot.
Re-habbing is not feasable, so they are torn down, they are vacant anyway. So why not level them and save on property taxes, what is wrong with that?. In the mean time, a few people are working to demolish these sites. This can be done cheap as there is not enough work presently. Nothing wrong with that either. These lots will be ready for development when the economy improves again. As far as the comments about the two 17 or so year old girls.....at the same age, were you any different?
Do you just drive around looking pissed off all the time? We still have to live our lives. It does feel a bit like no one cares when you drive around and it "business as usual" but more and more people are becoming concerned as they become more informed. It's as if even though information can travel faster then ever, it takes more time to filter out whats important and its taking time for people to grasp the truths of economy.
Man George i wasnt even gonna comment till i saw the end an man i see those types of people all the time its like there in some magical wonderland and completely blind to the economy or anything!
Not surprised becasue all of California and the majority of the West Coast are reserves for other countries! Not surprised at all to take What what our forefather's faught & died for & hand it to foreigners to say their death didn't mean SH*T! BOO NWO! The veterans of Vietnam, World War I & II & etc. are turning over in their graves.
The politicians and the lobbyist that own them in California are really making a mockery out of the poor and middle class yellow listers who clearly don't care about their country never mind the economy.Great video.
Wow George, nice work, keep them videos coming! I just moved from a Class A commercial space 6 months ago so they could sub;et the bottom 2 gloors...so far nada. Raleigh has over 400k square feet class A commercial space available now. Bubble be popped soon!
Yep most of this younger generation is too preoccupied with the latest iPhone and following lady gaga on twitter vs caring about whats going on around them.
George there are enough bad things happening in our country today that I don't think all this extra hype is necessary. Two guys pushing a car is a common scene? Come on. Surveillence cameras are newsworthy? I don't mean to knock your videos but sometimes some of the stuff you cover hurts your credibility.
It's sad to see the economy decline and people with business struggle to keep going. Then here come the big bad government with a hand full of money and says I want to buy your business and land. But what really saddens me is that the majority of the people in this country are blind to what is actually going on. They just idly by while the government takes away their rights. But of course not why would they wake up when their life is going good right now. It's who has the latest fashion. NO TV!!
It's really sad to see George. A society that's conditioned to not care or look around at what's really going on.
History is just repeating itself. I'm sure before the Roman Empire collapsed the same happened. Their people must have also been at the height of apathy, which allowed the rampant corruption and looting while Rome burned to the ground.
I think that's the point. Most Americans don't consciously think about history to even realize there is a precedent for these events. People are being conditioned to be disconnected from society and also ignorant of history.
It's really sad what's coming round the corner. "Freedom is so damned expensive."
we've seen a similar thing here in north dallas...they put up dozens of hotels and apt. complexes in the last 2 years...we still have lots of empty commercial bldgs. from the late 90's telecom bust.
i can only conclude that it must have been easy for business to get loans back in the day. now try to get $50k just to keep afloat.
I had a ball in Wall Street in the '80s. There were all sorts of real estate financing tax scams, and it was hilarious when some of them backfired and the super rich got fried! Most of us employees got together and quietly did all sorts of fun stuff. Heh heh.
I live near the Americana mall , Glendale gallaria...in Glendale CA. the parking lot is packed everyday. Target store Eagle Rock, packed. Marina del rey parking lots full to capacity...people shopping.. You must be in the boonies
Where I live it's dead. You know what they just built? A huge state of the art police station. It's HUGE. I will video it and send it to you. My city has nothing so this is scary.
Florida isn't as bad yet financially, but unemployment is high. Tourism is down and I wonder how bad it will get here. I see some similarities, empty buildings, much homeless, crime seems a bit up. Some folks are having hard times while others seem oblivious to it.
Ya, we are in florida too! down in Sarasota. Tourism is slow, but alot of people here just getting away from the cold. Retail seems normal? There was too much retail here, so that is adjusting.
When you made the hotel that is under construction comment (not necessarily a hotel) and say where did they get the money.. I think the owners are keeping the "ball rolling" using other property they have as collateral to finance the new buildings in a desperate attempt not to lose what they can not sell. In the end we know what will happen. Peace
in our home town, the only ting going up is a hotel also. the money comes from the city often, some politician thinks its a good idea and pushes all kinds of subsidies at the hotel.
What your seeing in California is the stark reality of wealth disparity. Low wages and expensive living. This is what our Oligarchy has brought to this country and it's people.
I live in NW Arkansas. We are supposed to be recession proof here because this is where some of the world's largest corparations have their HQ (Wal-Mart, Tyson Foods, JB Hunt Trucking).
We're seeing some of the same things happening here. huge commercial building empty, empty subdivisions and so on.
I will start sharing videos with you soon showing some of the things going on here.
Yeah, Id have to agree with slobo on that one. Hell, my stock portfolio is only worth 40% of what I paid for it 5 years ago, should I go protest outside ETrade? Come to think of it, I havent the first clue where the ETrade office is located. Im putting a protest sign on top of my laptop in case you want to alert the media FearisProfit.
Thank you! I lost everything twice, then went and got an MBA and a Series 6 license and quit complaining. One time, a reputable broker ruined me. My fault -- I just went along with what he said to do. I didn't complain when his suggestions were good for years and years.
buhata na lang ug hotel, or condo, daghan man torista maodta na mamahulay.
StroonsGlen 1 month ago
My small town in NC, was the furniture manufacturing capital of the nation for many years. It now has become an empty shell of closed down buildings. Thank you Nafta!
cause420 4 months ago
Thankyou for your courage.
learn54 8 months ago
Tear it down and prevent the urban blight--best thing to do.
surfstomp 8 months ago
At my local walmart they have what look like microphones in addition to the cameras. They look like vertical metal cylinders with holes all over.
They are hanging over the corner of the building next to where the employees take their smoke breaks.
neveragaineverever 9 months ago
This has been flagged as spam show
Nice job on the video looks good. When you have time come visit my channel!
simplechocolatediet 10 months ago
You ask how the hotel could be financed while the offices are built and vacant. The Hotel market is very hot, and has been for some time. I couldnt say why, but I was on a trip to Vegas awhile back, and every hotel and casino was jam packed. Where I live in the Palm Springs area, the hotels are heavily booked. Its a completely different market than those offices, which rely on other types of businesses to occupy them. Many vacant buildings where I live as well. Commercial and residential.
Sodiumreactor 10 months ago
Tearing down vacant buildings including residential homes vacant is the only solution, Maybe 700 Billion Dollars should of been used to tear down vacant homes and any other vacant buildings instead of worthless places.
v19d 10 months ago
coupons to carl jr. USELESS.. the most gristle infested meat on the planet. those chicks at the end... PRICELESS... give up yu busted them goerge
cshargeit 10 months ago
In Ireland here the unfinished housing developements ( of which there are hundreds if not thousands) are being ear marked by nama for bulldozing.
Balenza345 11 months ago
Good level everything dont leave anything for the illegals!! This is what SO.CAL gets for allowing illegals and gangs!! funny!
ppspsd 1 year ago
dude, they have had people die in their parking lot. its more of a deterrence. look it up.
emeeraa13h 1 year ago
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I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks to the people!
THOMAS JEFFERSON
TheArbiter74 1 year ago
George, surely you realize that if something no longer makes economic sense it will be replaced. we need the land area to grow food anyway, and smaller abodes. I am not thinking cardboard shacks. i am thinking high quality abodes, just a lot smaller, with room to grow our own food. and walking and biking, meeting and talking with neighbors. the future is not all gloom and doom.
fedtheend 1 year ago
No choice but to reduce inventory.
eatandtravel 1 year ago
Where is this located? I'm guessing the Inland Empire right?
ripperduck 1 year ago
This is the Decline of the American Empire, what goes up!...must come down! :(....Just like the Romans. Time for WW3!
B3astL33 1 year ago
I have a feeling Wal Mart's and others big box stores will go FAST, SOON, AND HARD!! When the dollar collapses and Chinese exports become harsh, those stores will become dysfunctional...
Cyrus992 1 year ago
Was this drive done during weekday business hours?
furyofbongos 1 year ago
And the government will simply "ask" Walmart for tapes and Walmart will simply hand them over, no subpoena or anything. Of course if Walmart says no, they will simply get a warrant or whatever. Same goes for Gmail, Facebook, you name it, the government has access to all of your information when they decide to want it.
furyofbongos 1 year ago
Walmart,,,,,,,,
idrobinhood 1 year ago
low i.q. - nothing u can do about it. almost sad to see how dumb a person can get.
MrWolf666 1 year ago
So were in So Cal is this?
Tannerinsocal 1 year ago
@Tannerinsocal everywhere!
ppspsd 1 year ago
I took my entire 401k and moved it into tangible, allocated gold in Canada. GTU on the amex. So when the shit hits the fan...at least I can cash it in..pay the penalty/tax and buy a trailer in the country. My doom stead.
MrGreatLakesBuffalo 1 year ago
i estimate that u will be living along side 150,000,000 others who will eat the country dry within a few weeks. then u will be worse off then when u abandoned society. good luck with ur master plan, ha ha
MrWolf666 1 year ago
It seems like a lot of comments here are people who still can't handle the truth. Its a shame that America is still in denial. Young people talking about myspace and iphones. Not addressing our problems and senseless wars. They are keeping the sheep distracted. Give'em credit, toys alcohol, SUVs and sex. Yup it really is classic empire decline.
energyxprt 1 year ago
@energyxprt Isnt it though, we've (LET) illegals flood our borders, take our job, (LET) communist,socialist,marxist, (how kiss our enemies ass),run our country!! This once was a great nation!O the good old days and im only 42!! But as (THEY) say 'MOVING FOWARD' we are simply screwed to put it nicely! We've (LET) all this happen we shall get what we deserve!! I so agree with you!!
ppspsd 1 year ago
I love the end of this video LOL! Yup those girls have no clue or care. It will hit them sooner or later. Its hitting a lot of people including upper middle class and the rich. Remember the greatest depression is just getting started. The hotel probably did dome dirty deal with the city. Got some kind of tax break and other incentive to build. People with money have ways to never loose on a deal.
energyxprt 1 year ago
@energyxprt People with money [and] connections caused this.They already have homes in Dubai and China -ready to move.
lipoicacid 1 year ago
Comment removed
Leadwerks 2 years ago 2
He is correct about the two women shown near the end of the video.
RonPaul2008dotcomluv 2 years ago 2
Wow, never seen such a good scientific and statistically precise news story before. Great see so much details of numbers.
Fuck the scaremongers.
llothar68 2 years ago
You should see the condos being built in Chicago right now, they are fancy as all hell.
zoticus1 2 years ago
You just NOW fucking noticed!!???
rich2rock 2 years ago
China will no longer give us loans,cash for clunkers was a program to send China steel for money,our credit line is no longer so both sides want a hush hush to the facts.The truth will drive the dollar to zero,this would hurt the US and China
js1112111 2 years ago
Waltmart taping its own property = bad
you taping strangers in a car = good?
yes there are thousand of vacant buildings in So Cal, and there are also millions of homeless. But we can't place the homeless into empty buildings?
WesSideCali 2 years ago 3
@WesSideCali
LOL I agree, there was a homeless guy videotaping police officers but a week later when there was a cop videotaping him he started to say it was invading his privacy.
xCASDGuyx 2 years ago
New world order is here.
giantgreenbuddy 2 years ago 8
All those buildings are empty because of Walmart.
psynema 2 years ago
@psynema I think George began his video with Walmart to make that point.
markynj 2 years ago
Last shot = you're creepy
psynema 2 years ago
@psynema Nah spying on girls is ok if it is for a YT video
godshiva 2 years ago
I always like walmart parking having cameras, it wards of crime, makes people feel better, why els do you think they are so big? they could be fake for all you know....with tiny ones in other places. All of your life there has been this stuff, it is you just now over concerned....There is no way that first development with windows is a year old, I can age it by the color of the lumber, number 2 on the other hand was old. Still, the sky is far from falling.
d1incharge 2 years ago
sad stuff .
zoom1234567 2 years ago
This country is on it's last legg it seems, all we need is something bad to happen for it to crumble for good.
TheKemian 2 years ago
@TheKemian It was planned this way a long,long time ago. China has been tapped as the new superpower and world manufacturer. The US will be brought to second or third world status.
lipoicacid 1 year ago
Yep, yep! It's fondly known as "the Asian Century", and the US will be down somewhere on the list. And will be set aside for payback.
TheKemian 1 year ago
true that
MrWolf666 1 year ago
Watch who you tell what you have! They will be at your front door with a sawed-off shot gun to take your shit! Play dumb, dont tell anyone but CLOSE family.
FinanceUS 2 years ago 4
@FinanceUS
People at work know what I got. If they do decide to show it would be great. Hopefully there would be at least 5 that shows up. Hell we would get a lot done.
xCASDGuyx 2 years ago
Walmart for years has had cameras in the parking lot because criminal activity. Many americans have moved on from fearing the worst because they have to worrie now about where the next meal is coming from. That is why the economy is not taking off because of sheer worries but once food and basic living are achived then things really move to stablity. Time will heal this situation but only if people act responsible and stop listening to media and think for themselfs again like the old days.
egn83b 2 years ago
Oh, I see George. You now can read other peoples minds and what they are thinking. C'mon man. Don't push the envelope.
itillbeme 2 years ago
Listen...if you cant see for your very own eyes and ears that America if pretty much finished then i dont know what to say because jobs are constantly being lost and they are shutting down big companies...just look at majority of California and look at Detroit that place is desolate (empty) that is how all of America will look pretty soon...Obama will not save this country it is in too much in debt to get out of debt so it will continue to fall until it breaks into pieces.
SuperbadIsraelite 2 years ago 2
correct... some people see the obvious and the underlying drivers.... most dont however until it bites them in the ass
not much can be done for those not bright or alert enough to see
and george keep up the good work
cori800888 2 years ago
Fuck those cunts at the end of the video. That is all.
HighRizeSeshionz 2 years ago 3
It's funny because most people just don't get it. My brother and sister in law just spend $1800 for a stainless steek fridge, but it's only $20/month payment. That's HOW you stay in debt!
Here I'm sitting alright, cash in hand with a $350 fridge that's doing great after eight years.
People don't get it. It's going to hit like a MAC truck and lives are going to get overturned. Out here, they're taking offers on homes because they don't sell. Save what you can.
iammci 2 years ago 3
the funny part is that you average everyday so-called Americans are running their mouths about things that are not important and talking about myspace, or their new Ipods or new cellphones but...that is NOT even IMPORTANT at all...they are clearly blind and living in wonderland and waiting to be hit in the head with a brick wall.
SuperbadIsraelite 2 years ago
Clueless is another word for it. You know there are not prepared in the least. When the S**t hits the fan they will loose their mind and maybe loose their lives because they can not handle the reality.
lindabebe835 2 years ago
This is a real job.
We are in the digital age.
Many "jobs" have been outsourced permanently.
Anyone who gets a check from youtube is someone I admire because they are the fastest to adapt.
biozamadotcom 2 years ago
biozamadotcom,
You are right on--Anyone who gets a check from Google/YouTube (corporate Internet goliath) based on site viewership has a job. George is on the cutting edge of our strange post-industrial economy.
bboucharde 2 years ago
This is what's going on here, George is just taking his video camera and going around filming bogus and boring videos so he can get his monthly check from youtube. He talks about inflation but doesn't even try to get a real job. Sad.
tryss 2 years ago
tryss,
Your choice of the term "bogus" is ITSELF totally bogus. George is taking videos of what he SEES with his own eyes! This is not a cartoon! Yes, he is focusing on problem areas, & THE POINT IS that there are so many of them: Inland Empire, Lancaster/Palmdale, San Fernando Valley, South Central, Pomona, Ontario, Mojave---You are either a frightened real estate investor or a shill for some chamber of commerce in some drive-by trash-strewn suburb like West Covina, which was a dump in 1980.
bboucharde 2 years ago
you have to understand that what happens around riverside does NOT happen in SOCAL. Just because you live in a ghetto area doesn't mean it happens all over the US.
tryss 2 years ago
rock on dude, the smart filter at my local library prevents me from going to yours or mot's websight, they are considered malicious. aint that the shits. keep posting!!!!!
huskerbird1 2 years ago
wow you have to find a job george instead of going around videotaping random boring areas around riverside.
tryss 2 years ago
tryss,
This IS George's job. He is showing a lot of people (including former Californians like me) the impacts of the inevitable market collapse that followed an absolutely unsustainable speculative frenzy in Kali resi real estate from 2000 to 2007. Now, he is going to document the predictable meltdown of the commercial real estate market. We don't know how many retailers will go down, but some players will emerge stronger than ever. Among the survivors will be Nordstrom's, JCP, & WalMart.
bboucharde 2 years ago
That is a BUM JOB. ANYONE can drive around with a video camera and torn down buildings... it's NOTHING NEW.
tryss 2 years ago
wtf since when is anyone's job 'new'? Unless you are an inventor or something buddy, I highly doubt your job produces anything new either. So please just stfu, stop ragging on george, and get back to your new and important job. Maybe if enough dumb fucks like yourself heed my advice then you can be the catalyst to our recovery!
HighRizeSeshionz 2 years ago
Those girls are a microcosm of much of America, unfortunately.
alohawg 2 years ago 10
Wow that area there near Victorvillle is bad...
InfoWarriorMaverick 2 years ago
Creative destruction.
freesk8 2 years ago
Great vid George...
2 questions...where in SOCAL is that multi-office debacle?
and
What kinda camera you using?
Thanks...best to you ..Drew
GreenrushCapital 2 years ago
There's allot of people out there that don't care and don't have a clue about anything.
mja2035 2 years ago
Folks,
Kali holds 36 million people, & there are companies there that will continue to produce products that folks will buy: Music, movies, wine, software, all kinds of food products, & sophisticated services like engineering. HOWEVER, you need to start thinking of it in terms of a larger % of the population living in permanent poverty, while the elite & upper-middle class do well. Study industrialized Hispanic countries like Brazil & Argentina that have a ferocious gap between rich & poor.
bboucharde 2 years ago
they are actually "destruction" workers now
pretorious700 2 years ago
It's a shame they did not have that many camera's on the Pentagon to get clear footage of the plane hitting..
guslingus 2 years ago
sorry i ment thumbs up
donotbend1 2 years ago
why don't some one contract to tear down them buildings by hand that way the lumber and things can be saved and create short term jobs ever one talks green then sends in a dozier
bilpayne 2 years ago
why doesn't the govt hire people to dig ditches with a spoon and then fill them back in. That would create a bunch of "green", long term jobs.
sambking 2 years ago
I wasn't talking about the Government hiring anyone
I was talking scraping lumber and stuff for a good profit
bilpayne 2 years ago
I was just pounting out what a big Scam all the green job talk is
bilpayne 2 years ago
Isn't it amazing that there are security cameras everywhere, and have been for years and years, but not on airplanes. Does anybody know why? Crazy!
czubspenx 2 years ago
Developers like to build things, that's what they do. The need for what they build is up to the owners to figure out.
I have noticed that people who build strip malls always want to retire to a place that has no strip malls.
vidguy007 2 years ago
George, how do you feel about YANKEEPREPPER speaking out against you and others in a derogitory video, telling you to "STOP IT"? Telling us as a communtiy to stop following yours and others channels/videos. I for one no longer want ot consort with this "off balance patriot" trying to divide us.
Proof:
watch?v=1vJ-x8iT0bs
noncompliant2 2 years ago
Everyone wants to blame Bush, meanwhile, Obama is digging us into a deeper hole ...with ZERO plans and ideas on how to get us out of this mess. He's too busy making speeches and accepting undeserved prizes and applause.
DungVids 2 years ago 4
The cameras at walmart are not high quality... they sustain constant weather bombardment, and they are very cheap. you cannot read license plates through the monitors. They are there as a deterant from people stealing and breaking into cars on thier lot.
Flayprime 2 years ago 2
California is trying to do the same thing that Obama is trying to do. Spend your way out of a recession. Doesn't work.
bigdogsdontbark 2 years ago
Girls are to clueless to even know what is going on outside of their small little world of how to fined the date.
Good video 4people who do not have opportunity 2see it as this is going on all over the country! Truck drivers feel the economy crashing in their own profession & what this video is showing is sadly so familiar to them & the people who care 2see the world around them. Soon 'We The People' are not going to recognize America as Thomas Jefferson quotes...children wake-up homeless...
melioped 2 years ago
More fear mongering, George? Has your wife left you yet?
thereallurker 2 years ago
You might want to consider studying economics before you make your outlandish comments. Either you have your head stuck under a rock, or you just want to deny whats around you. Seriously, do some actual independent studying on the field of economics.
LordoftheKaty 2 years ago 2
Sure, I will and you should take a look at the term "representative sample". Dumbass.
thereallurker 2 years ago
Why such pugnacious terms? Hmmm, sounds almost like the way a fascist speaks.
LordoftheKaty 2 years ago
Its funny that you would use the term representative sample, especially when we have politicians who don't represent the people but their own interest, especially when you have such huge rallies against the reckless spending, and our "representatives" call us all manufactured protesters. You know, I can say the same about SEIU, who actually had members beating a black tea party protester calling him the n word. You call us racists, what about that?
LordoftheKaty 2 years ago
5.9 trillion in fraudulent real estate values was erased caused by speculation and flipping those values never existed in first place
people who bought RE in 1996- 1998 still 200 -300% up on their investment even after collapse
tuktukktotam 2 years ago
Wow, I thought this was going to be a video of the Nazi final solution. Maybe they are trying to imply something?
WingsofDedalus 2 years ago
If you want to grow an economy you will have to slash Capital gains taxes and the taxes on the rich. Try explaining that to a democrat. You might also take a look at the over regulation that is chasing buisness over the borders.
mssedmebich 2 years ago 2
the nation of the people by the people and for the people needs to rethink its ways or the inevitable collapse will lead to anarchy and corruption.
DarthNhilius 2 years ago
George,
Good work, and your vids don't lie.
I presume this footage was taken in Riverside? If not there, can you indicate?
San Berdoo? Fontana? Moreno Valley?
Best,
BB
(Kali man who got out when the gettin' was good.)
Thought: When Mervyn's (a huge former Kali retailer) went bankrupt, what happened to those thousands of employees? BTW, Kali utilities are doing layoffs now--High paying jobs---poof!
bboucharde 2 years ago
That's looks like Pomona/Fontana to me
hugoavila1 2 years ago
Well, I guess you have the Christian, Redneck, Non Union Heartlanders to thank for that huh? It seems they know more than the government.
bigdogsdontbark 2 years ago
bigdogsdontbark,
Yes, my family and I do thank them, and we say thanks by working very hard, respecting the regional culture, and obeying all the laws. By the way, did you realize that Kali has lost about 30% of its manufacturing jobs since 2001? You cannot run an economy solely on real estate brokers yapping on cell phones, Starbucks clerks foaming your latte, and folks wandering around in WalMart, buying Chinese plastic crap that they don't need. Kali needs to bring back real industry.
bboucharde 2 years ago 2
Exactly, and just to add: one manufacturing job equals three service jobs in the US. If you do the math, our nation is about 60-70% consumer and service industry, with less and less manufacturing. To sum it up, we're screwed.
LordoftheKaty 2 years ago 3
taken from wikipedia :
US GDP by sector agriculture (0.9%), industry (20.6%), services (78.5%)
let me add : overpriced services and consumerism
if China was so overpriced their economy would have been valued at 300 quadrillion
tuktukktotam 2 years ago
Would be nice to switch services with agriculture.. hehe
InfoWarriorMaverick 2 years ago
Exactly, the US economy is built almost entirely on the service sector and, of course, oil.
RockerInWA 2 years ago
Maybe its time to take ourselves into the 22nd century whiteout the taxing eye of ye union !
1Zacatecas3 2 years ago
With all due respect, I wouldn't place too much confidence into the federal government.
LordoftheKaty 2 years ago 2
Great Video. I think this is happening everywhere, but I dont know to this extent. Me and a partner just rented a commercial building for $250 dollars per month. It isn't a huge building and it needed some work, but it sits on a roadfront that has lots of traffic. If the economy was good, this would be an $800 dollar per month building. The guy was asking $450 per month just to get someone in it & he was advertising heavy. We were the only ones that called. So we negotiated & got it for $250.
bigdogsdontbark 2 years ago
bigdogsdontbark,
No, this is not happening everywhere. I live in the middle of Christian, Redneck, non-union, low-regulation Heartland, & we are doing pretty well. There is no economic boom here, mind you, but life is pretty normal for 95% of the population, & everything is up and running. Warning to potential Kali refugees: If you are weird, have issues, don't like straight Christians, & have no practical skills, don't waste the gas money to drive out here. You will just have to turn around.
bboucharde 2 years ago
As goes Cali goes the Us invecil !
1Zacatecas3 2 years ago
1Zacatecas3,
No question that Kali going down could affect the entire US--But it is not that simple. Some people in Kali will continue to do well, and lots of folks who produce military systems, industrial chemicals, specialized machine tools, petrochemical products & 100 others in my region will do well. Kali is a complex, huge place, & business will continue, but more folks on the margins will live in a permanent struggle to survive. Imagine Argentina & Brazil, and you will get the idea.
bboucharde 2 years ago
Not to mention that cali has the worlds 8 largest economy; however, they have been hit particularly hard by the economy.
LordoftheKaty 2 years ago
Every mall and large chain store has security cameras.people get mugged,carjacked,and even murdered in mall parking lots all the time.and those cameras help catch the bad guys.
surferray69 2 years ago 3
OMG!!! LIKE OMG!!! Jesus!
freedomnow2012 2 years ago
glad I subscribed...
profesas 2 years ago
Yeah I gotta agree man I love the vids but the cameras at walmart are for that reason alone, security. It's okay to make people cautious but don't start spreading paranoia too.
OrigProdigy 2 years ago 2
how do you know that does girls in the SUV care less about the economy than you? did you ask their opinion before you came to that conclusion? is it the SUV that gave you idea? Did they say sometime dumb? I dont see the logic but ok.
GusBariga 2 years ago
That is aweful.
I am already checking into how to ope a business, so when the economy starts to turn around, imma have my hand in the grab bag of money, too.
Right now, aint shit opening but hotels in an effort to make more money from displaced people. No lease so it's easy money minus the court sessions when somebody breaks the lease. smdh...
diah4 2 years ago
Nice ending...
NOSYRB10656 2 years ago
WOW...security cameras at wal mart...crazy! I think this guy does some good videos sometimes, but come on! The security camera thing means nothing!
lilmac929 2 years ago
Actually the security camera in a walmart shopping mall helped place a wife and mother who was grabbed and taken away by two men. She was murdered. They were arrested and the state they were in they were given the death penalty. They would not disclose the location of her remains. But there would of been no lead at all if not for the Wal mart camera in the parking lot.
GrannySays 2 years ago 5
Re-habbing is not feasable, so they are torn down, they are vacant anyway. So why not level them and save on property taxes, what is wrong with that?. In the mean time, a few people are working to demolish these sites. This can be done cheap as there is not enough work presently. Nothing wrong with that either. These lots will be ready for development when the economy improves again. As far as the comments about the two 17 or so year old girls.....at the same age, were you any different?
gschut1 2 years ago
Comment removed
melioped 2 years ago
Do you just drive around looking pissed off all the time? We still have to live our lives. It does feel a bit like no one cares when you drive around and it "business as usual" but more and more people are becoming concerned as they become more informed. It's as if even though information can travel faster then ever, it takes more time to filter out whats important and its taking time for people to grasp the truths of economy.
aaroncoleman3 2 years ago 4
The chain link fencing around all that useless crap is worth more than the development itself ??
operator223 2 years ago
Man George i wasnt even gonna comment till i saw the end an man i see those types of people all the time its like there in some magical wonderland and completely blind to the economy or anything!
skatermack 2 years ago
WalMart ...... Proudly Made in China..
aceyorba 2 years ago
Not surprised becasue all of California and the majority of the West Coast are reserves for other countries! Not surprised at all to take What what our forefather's faught & died for & hand it to foreigners to say their death didn't mean SH*T! BOO NWO! The veterans of Vietnam, World War I & II & etc. are turning over in their graves.
dollazndiamondz 2 years ago 2
Comment removed
aceyorba 2 years ago
The politicians and the lobbyist that own them in California are really making a mockery out of the poor and middle class yellow listers who clearly don't care about their country never mind the economy.Great video.
4LOSTSOULSONLY 2 years ago
5 stars for the idiot girls. lol, stupid is, stupid does
TheConstitutionMan 2 years ago
Wow George, nice work, keep them videos coming! I just moved from a Class A commercial space 6 months ago so they could sub;et the bottom 2 gloors...so far nada. Raleigh has over 400k square feet class A commercial space available now. Bubble be popped soon!
CAVEMAN93able 2 years ago
its cheaper to pay two mexicans to push your car around all day then it is to buy gas. lol
mx444bee 2 years ago 7
remember Wal Mart movie high cost of low prices
people were angry walmart had no security and people would get mugged outside
still big brother is watching
HaarlemmerHewe 2 years ago
Like a blonde in a black leather jacket...
"Rebel Without a Clue"
sizzlot 2 years ago
Good work, keep 'em coming!
Arstaichio 2 years ago
Yep most of this younger generation is too preoccupied with the latest iPhone and following lady gaga on twitter vs caring about whats going on around them.
Thenewyorkcritic 2 years ago 2
I'm just waiting to sell my gold teef.
sweatynigger 2 years ago
i used to work at wal-mart a few years ago.
i knew the lady that was in charge of monitoring the cameras and you would be suprised how far they can zoom in on you.
they can look at your face while you are in your car in the parking lot.
i refuse to even go in a wal-mart anymore because they are just one of the many corporations that are killing this country.
they can take their chinese goods and cheap slave wages and shove it up their greedy arses.
MrUrbanExplorer 2 years ago 7
George there are enough bad things happening in our country today that I don't think all this extra hype is necessary. Two guys pushing a car is a common scene? Come on. Surveillence cameras are newsworthy? I don't mean to knock your videos but sometimes some of the stuff you cover hurts your credibility.
thane17 2 years ago 5
See this video, tearing down perfectly good new houses to avoid property taxes...
JGwTywKE9Ys
pgm98387 2 years ago
wal-mart has been doing THIS among other ROTTEN things for a LONG time know
BigRocky99 2 years ago
excellent video. I think the masses just think "it will come back" and don't even think twice about it. amazing.
bluecat1122 2 years ago
CA=soon to be failed state? If so, do they get a bailout? If not, then what happens?
Melville10 2 years ago
It's sad to see the economy decline and people with business struggle to keep going. Then here come the big bad government with a hand full of money and says I want to buy your business and land. But what really saddens me is that the majority of the people in this country are blind to what is actually going on. They just idly by while the government takes away their rights. But of course not why would they wake up when their life is going good right now. It's who has the latest fashion. NO TV!!
CombatWarrior420 2 years ago
Celente has really harped on the CRE collapse all the way back to late 2007. Sadly, it is gradually coming true.
Melville10 2 years ago
Hey, why not knock down the abandoned buildings in Detroit, MI? Detroit is not coming back.
ij911 2 years ago
It's really sad to see George. A society that's conditioned to not care or look around at what's really going on.
History is just repeating itself. I'm sure before the Roman Empire collapsed the same happened. Their people must have also been at the height of apathy, which allowed the rampant corruption and looting while Rome burned to the ground.
kosai19 2 years ago
Rome, Egypt, Greece, British Empire---why would the USA think it is any different from them?
Melville10 2 years ago
I think that's the point. Most Americans don't consciously think about history to even realize there is a precedent for these events. People are being conditioned to be disconnected from society and also ignorant of history.
It's really sad what's coming round the corner. "Freedom is so damned expensive."
kosai19 2 years ago
I need to get the hell out of CA..
metalplace567 2 years ago
This has been flagged as spam show
All part of the plan.
StigmataBOB1 2 years ago
Looks like Liverpool England.
justjacqueline2004 2 years ago
we've seen a similar thing here in north dallas...they put up dozens of hotels and apt. complexes in the last 2 years...we still have lots of empty commercial bldgs. from the late 90's telecom bust.
i can only conclude that it must have been easy for business to get loans back in the day. now try to get $50k just to keep afloat.
papaboule 2 years ago
Our bubble has yet to pop in southern oregon like it has in southern cal. I think the californians are coming here with whats left of their money.
99cachorro 2 years ago
I had a ball in Wall Street in the '80s. There were all sorts of real estate financing tax scams, and it was hilarious when some of them backfired and the super rich got fried! Most of us employees got together and quietly did all sorts of fun stuff. Heh heh.
slobomotion 2 years ago
I live near the Americana mall , Glendale gallaria...in Glendale CA. the parking lot is packed everyday. Target store Eagle Rock, packed. Marina del rey parking lots full to capacity...people shopping.. You must be in the boonies
864first 2 years ago
Comment removed
BablyonsKing 2 years ago
Those Walmart cameras have been there for 20 years. Nothing new...
LOGICvsYTIDIOTS 2 years ago 3
How novel; a deforestation of buildings.
GanjaZombi2 2 years ago
Great video, thanks George !
rbito65 2 years ago
Where I live it's dead. You know what they just built? A huge state of the art police station. It's HUGE. I will video it and send it to you. My city has nothing so this is scary.
jenniferashley99 2 years ago
Florida isn't as bad yet financially, but unemployment is high. Tourism is down and I wonder how bad it will get here. I see some similarities, empty buildings, much homeless, crime seems a bit up. Some folks are having hard times while others seem oblivious to it.
Thanks for the vids, very interesting.
captquest1 2 years ago
Ya, we are in florida too! down in Sarasota. Tourism is slow, but alot of people here just getting away from the cold. Retail seems normal? There was too much retail here, so that is adjusting.
mattandpatti222 2 years ago
When you made the hotel that is under construction comment (not necessarily a hotel) and say where did they get the money.. I think the owners are keeping the "ball rolling" using other property they have as collateral to finance the new buildings in a desperate attempt not to lose what they can not sell. In the end we know what will happen. Peace
truefictions 2 years ago
in our home town, the only ting going up is a hotel also. the money comes from the city often, some politician thinks its a good idea and pushes all kinds of subsidies at the hotel.
zebb1111 2 years ago
is that a 3rd world country
HandsHeldHigh1 2 years ago
Thanx George !
Its a shame to demolish new real estates.
ScienceArtSpirit 2 years ago
What your seeing in California is the stark reality of wealth disparity. Low wages and expensive living. This is what our Oligarchy has brought to this country and it's people.
Boomer1949 2 years ago
its, not it's
slobomotion 2 years ago
Good job George!
I look forward to watching your videos!
I live in NW Arkansas. We are supposed to be recession proof here because this is where some of the world's largest corparations have their HQ (Wal-Mart, Tyson Foods, JB Hunt Trucking).
We're seeing some of the same things happening here. huge commercial building empty, empty subdivisions and so on.
I will start sharing videos with you soon showing some of the things going on here.
Keep up the good work!
sportrider68 2 years ago 2
There was a protest on the news today at Bank of America.
One lady said she was there protesting because the House she paid $600, 000 for, is now worth $240,000.
She still owes the banks the $600,000 though, of course.
FEARisPROFIT 2 years ago
What on earth does she want Bank of America do do about it? Hasn't she heard of the Florida land boom in the '20s, etc.?
slobomotion 2 years ago 2
Yeah, Id have to agree with slobo on that one. Hell, my stock portfolio is only worth 40% of what I paid for it 5 years ago, should I go protest outside ETrade? Come to think of it, I havent the first clue where the ETrade office is located. Im putting a protest sign on top of my laptop in case you want to alert the media FearisProfit.
pondovillage 2 years ago
Thank you! I lost everything twice, then went and got an MBA and a Series 6 license and quit complaining. One time, a reputable broker ruined me. My fault -- I just went along with what he said to do. I didn't complain when his suggestions were good for years and years.
slobomotion 2 years ago