Foreclosure of the American Dream

[UddinNo1]

why cry man support the war and pay more tax

[wolftreetree]

I care and I hate to see people fall through the cracks of our system. I don't wish china any ill will, I just want america to regain an industrial base (or any good alternative). We are losing the middle class fast. They talk about how much america owes, well tell me what did the american people receive back for all this debt? nothing, we don't even have as good of a safety net as europe, and we are giving money away as aid? Or is it tribute?

[MillyVanillification]

you can't own anything. it's even most ignorant is to believe that you own a house that you've sold for money (mortgage). somehow people won't ever get it. don't take credits. it's easy. if you stop buying stuff you don't need, you'll never need a credit. and you'll be astonished about how little you need to have a good life.

[ShowdownInAmerica]

Make sure the bank even owns your loan! Ask them "Where's the note?" Free, online tool to contact your lender: h ttp://action.seiu.org/page/spe­­akout/wtnnpa

[unytcommsys]

Sorry dude, my heart goes out for the dude. Looks like he might be retired NYPD. My

[ilovety65]

even if you pay cash you still don't own property,it is called outragous property tax.

[inkey2]

I learned from my parents who survived the great depression. They always told me...."live way below your means, stay out of the bad type of debt and put money in the bank." My dad was a disabled war vet and never made much money as a college professor but when he died at age 83 he had $450,000 in the bank and a paid off home worth $700,000 (bought for $27,000 in 1964)

[Zorrachus]

Why blame the president when you should blame yourselves? YOU got a mortgage, YOU tried to buy a house YOU couldn't afford, YOU didn't buy it with cash, instead YOU used credit.

[ForeclosureVictims]

You fool!

[acadianfever]

@Zorrachus That's what it all comes down to. Start taking responsibility for your actions, instead of doing the blame game. But society in general has become lazy, morally bankrupt. When that changes, things will start to turn around.

[7514328]

I recently purchased a foreclosed house on a large lot in Vista, Ca. The renters were very negligent with the maintainance, but I finally caught up with the repairs. I will be purchasing a 2 bedroom/1 bath NEW manufactured home to rent out on the property. I see all of this as an investment opportunity.

[jrwannabe01]

I'm in the same boat as the first guy in the video. I've built a bed in the back of my truck.

[mikek7654321]

The big hair band made the video unbearable.

[aSpoonfedTribe]

You mean Megadeth? That thrash metal band that sold 20 million albums in their time? The guys who critics adore? What do you mean by big hair band? Fuck you, sir.

[moniequa]

It is funny as hell to see people get evicted from their homes. Hahahahahahhahahhhha

[Midnightryder7]

Be careful...You could be next

[moniequa]

I don't need to be cautious because I don't buy shit I can't afford.

[angiegrl77]

THAT'S A LIE!! youe probably in sooo much credit card debt and shop all the time which goes o the cc which is owned by the BANK! next you'll be in BK and then who pays that? taxpayers..lol

[moniequa]

Once again Angie save your excuses for someone who cares; wishing for someone to make the same dumb mistake is not going to help your situation either. I don't shop for shit that I don't need because I'm not a pretentious asshole like most of you. I don't need a big house or a brand new car to feel good about myself. So get los I don't want to hear it from you or your looser friends, good bye!

[angiegrl77]

by the way I am not making any excuses..i bet I make more a yr. than u ! So i am not a losser. I also own a home . It seems to me your the one who comes on here to put others down ! So who's the looser. so quit being a hater for those who either had "a big house " you want, and never had,and at least they had it! All I'm saying is things happen to people and u shouldn't go on here and generalize everyone's situation because it makes you feel better about yourself!  Go volunteer!

[moniequa]

Angie, I'm not hating I only say the truth. If you're not a loser than my message shouldn't affect you. I know things happen to people but most of the time they bring it on themselves such as buying shit they don't need and can't afford. Hundreds of homes are being foreclosed each day and who's fault is that? Its their damn fault, I'm not saying this to make me feel good but its not fair to tax payers and buyers who can afford to buy legitimately. Don't hate me because I'm right.

[imhotep1]

@moniequa You are so right. I know plenty of people who qualified for huge loans, but they turned it down.

[moniequa]

@imhotep1 You're right, most of us are qualified for credit card with huge limit but that doesn't mean we can buy anything we want and when can't pay back we expect the government to bail us out. Where is our sense of pride and responsibility? To those who got "their" houses foreclosed, those homes were never yours, they could be yours only when you pay them off. If they're are not paid off, they're banks' homes and the banks have the right to kick your dumb ass out.

[XBxUxTxCxHxExRX]

@moniequa yea Buts Its ok For the banks to bail out Wall street.. And the government to bail out the banks.. Thats ok.. thats not the reason for all the homeless people in my city.. Mostly Homeless Veterens. So yeah your right nothing is yours unless you pay off the banks.. Oh yeah, Your no more a parasite than i am. And if you think Most Homeless people are stupid.. Your right.. but a majority of them are people like me and you.. So remember that, Respect people. and youll get it in return..

[moniequa]

@XBxUxTxCxHxExRX, So you're saying it's OK to max out your credit cards and when you can't pay them off, the government can pay them off for you, right? I'm not going to respect any stupid ass who lives beyond their means.

[XBxUxTxCxHxExRX]

@moniequa Debit card = Debt card.. Money = Debt No madder How much you save up. the banks will always have there share as long as you have it... If you don't.. Well they take everything you own, So if robots Replace Peoples Jobs, How do you think thats gonna help the economy? If people don't get money. They can't Spend money.. Spending money is what keeps us out of rescessions.. But since Nobody has money... The banks.. nvm too much Information For youtube people.. Sry Go Research a little more.

[moniequa]

@XBxUxTxCxHxExRX, Ok I'll do research but I still think we should only spend what we have not what we don't have.

[XBxUxTxCxHxExRX]

@moniequa Its Only human to want what you don't have.. It's an Instinct that only some can overcome. and yes most people are to blame for spending money they don't have. some get there identity stolen, some just can't pay off there home, pay for gas, feed children, car payments, bills, taxes, Etc. Our freedoms are being stripped away from us, and the people that have the power to change it. don't feel like giving it up.. Money = Greed, Hunger, Poverty, War.. Most of our problems is because money

[moniequa]

@XBxUxTxCxHxExRX, You're right, it's only human, that's why we should NOT feel sorry for those who lose their "bank own" homes. They want something they can't have....homes. So it's natural that greed lead them back to where they were, broke and homeless.

[XBxUxTxCxHxExRX]

@moniequa I only feel sorry for the ones who lost there homes BECAUSE of the banks.. i don't feel sorry for alot of them, but you need to have some sympathy. i do thats whats driving me to want to change the system. but first i have to learn it. banks should not have the right to own all that land. there is a way to beat the system and the banks don't want you to know it. banks have enough money to build Skyscrapers. why should they own land were people live. bnks + gvrnmnt = New World Order.

[moniequa]

@XBxUxTxCxHxExRX, I want to learn how to live bank free.

[XBxUxTxCxHxExRX]

@moniequa All that i can tell you is that its in Real Estate.. i can't really explain it all to you, its a lil complicating. and its not bank free its just a way to sell homes that are owed to the bank, you basically pay off all the debts to the house. and it becomes yours and you can flip it around and make good bank off it. its a secret and i dont like to tell everybody about it haha.

[moniequa]

@XBxUxTxCxHxExRX, I understand if you don't want to tell me but I am ecstatic that you found a way to be successful. I applaud you and hope that one day I too can be free from this bond of servitude.

[XBxUxTxCxHxExRX]

@moniequa wow you are the nicest youtube person i've ever had a conversation with. with that i applaud you haha.

[wolftreetree]

@moniequa

Most people in the US are only a few paychecks from being on the streets. If you have money saved, how long would it last if you had a major crisis? A major accident? Even if you have insurance the med bills could still break you. A job loss, you could hold out a bit longer but not much. Own your own business? How long will you stay a float if no one is buying things. We are in trouble in america, and honestly I don't see any way out.

[moniequa]

@wolftreetree but people shop like there is no tomorrow.

[wolftreetree]

@moniequa

You know if it was just the young yuppies falling through the cracks, I would agree, but we are losing people that spent a lifetime working and have nothing to show for it, mostly because of the corruption. I have a friend who lost 2 retirement incomes because of the graft, one because the union bosses stole the members money, another because an insurance company cheated her and her husband (and it a legitamate company that you would never suspect).

[ForeclosureVictims]

You fool!

[richardjrvideos]

you are one dumb bitch!!!!!!!!!!

[moniequa]

You're a worthless social parasite. I hope this God Damn Depression fuck you up. Stupid asshole.

[richardjrvideos]

ye it isn't going to but talk ur shit to the wrong person and watch a victim to this god damn depression fuck you up bitch so go on ahead and hide behind ur computer screen talking all the shit you want you are going to be the worthless one when you have a gun up to ur head for every penny you got keep thinking it is funny as hell in the great depression people killed people for bread so keep thinking ur bad come to phoenix and tell that to someone living week to week see who is worthless then

[moniequa]

You speak like a true parasite. I'm not hiding behind anything but only speaking the truth, if you can't handle the truth than kill yourself. They're living week to week because they spent every god damn penny on worthless shit. Even if you kill people like us, you're still a worthless piece of crap nothing will save you from your own stupidity. Go fuck yourself.

[richardjrvideos]

parasite? ye actually you are nothing you know nothing! truth? you are speaking stupidity yes you are a dumb bitch! you are hiding! you know damn well you don't go out on the streets saying that shit! because you know damn well what i said is the truth! it ain't about who spent what! do you know how many people are out of jobs right now! go fuck yourself bitch! you are obviously a stuck up rich son of a bitch who never had to suffer or know struggle but you will one day ur attitude will kill you

[moniequa]

I know two things very well, the value of money and hard work. Even if I don't say anything you'll still suffer from your own stupidity. Unless you're wise up, no matter how much you cuss, threaten, and annoy others, you will never save yourselves from your own stupidity. And from what I hear so far you're a worthless fucker. Your stupidity will lead to your own demise.

[eisdoll]

ye ok prostitute bet you do know about the value of money and hard work "oh i'm moniequa i think it is funny to see people get evicted from their homes" ye ok that isn't stupidity? you sound like a little 12 year old grow up little girl and get off other peoples cases maybe you deserve to be cursed and threatened at you are the annoying worthless fucker

[moniequa]

I think you should look at yourself in the mirror. You spent beyond your means now you're fucked and you try to direct your anger toward someone else. Its nobody's fault but your own.  So stop being a fucking stupid bitch and shut the fuck up, you will be fucked royally this coming depression. Accept your punishment you scum. LOLOLOLOL HAHAHAHAAHAHAHAHAHAHAHAAHAHAHA­HAHAH

[angiegrl77]

wait until your "karma" comes around..then talk.

[moniequa]

Do you know that these worthless assholes cost tax payers billions of dollars. If they want tax payers like me to leave their asses alone they should stop wasting our money.

[eisdoll]

ye you are more stupid than i thought you act like i don't pay taxes or these people getting evicted from their homes who lost their jobs didn't pay taxes have some fucking respect they are human not everyone can have promised jobs some people got unlucky and lost their jobs and some people need to thank their lucky stars that they still have one right now you deserve nothing you are scum!

[moniequa]

First of, these people didn't get evicted from their homes, they got evicted from the bank's homes. You see asshole, you need to know the difference between liability and asset, the house is not your when you're still owing on it, it belongs to the bank or mortgage company. And I'm not disrespectful to responsible people who lost their jobs, they're fine. But I have no respect for people assholes like you who try to show off by buying more than you can. So fuck you bitch.

[eisdoll]

you are a waste you are acting like you are better than everyone else i meant it isn't right that you think it would be funny to see anyone getting evicted from any home have some respect i know where you are coming from but i don't see how you could even begin to say that at this point in time when 50 million people are out of jobs and you know what you are disrespectful to responsible people who lost their jobs you clearly said it is funny as hell seeing "people" get evicted from their homes

[moniequa]

Yes it is hilarious to see those dumb fucks get evicted from the banks' homes they didn't buy them out right so the houses were not theirs to begin with so I'm glad they got their asses kicked out. As for unemployed people you don't have to worry about them, they get unending unemployed benefits and besides recession is over and economy is turning around. Oops I just puked in my mouth a little bit. hahahaha

[angiegrl77]

ya..well..get out of your home then..cause you don't own it , the BANK does! i also hope u loose your job then come back and talk!

[angiegrl77]

You are arogant! i have money and don't treat others that way. maybe you have never had anyhting bad happen yet..regardless of how much money you have it can be lost in one day! i have seen people loose lot's of investments and their loaded with money and lost it "in one day"! their probably more loaded than you! "karma" watch out!

[moniequa]

I'm a dumb bitch who presses the right bottom.

[Rspringscabin]

Damn I posted this video 2 damn years ago and fucking nobody commented on the last sentence I wrote in this video. Sad.

[JohnIbrah]

who care man people force out of there home make home cheaper to buy. Then its opportunities.

[moniequa]

That lady is stupid, why did she tell her children the house was hers, when she still owed money on it. If the house is not paid off its not yours.

[richardjrvideos]

you are a piece of shit dude selfish scumbag

[Fathercoffee]

The MAIN problem with all these people that got into houses with adjustable mortgage rates is one thing.

THEY DID NOT READ A DAMN THING!!!

They all did what most people do in their lives is if it sounds good, sign here.

They have no one to blame but themselves.

They are ALL ADULTS.

When I bought my house I read everything, it took me 5 hours overall. But it is well worth it.

Again, READ EVERY THING YOU SIGN YOUR NAME ON PEOPLE.

[tobasco77]

If your too STUPID to understand what an ADJUSTABLE RATE MORTGAGE is then you deserve to be evicted.

[amtdesign]

Why do you care capitalist America? Why do you care NOW right wing America? Uh oh, your house is next on the block? What comes around GOES around, let CHINA enjoy your riches now...

[unytcommsys]

LOL China, fuck Yea. Commin' again to loan our government more money! China, fuck yea!" It's our country that they own, well they and a few other countries. Guess who the rest are?

[XBxUxTxCxHxExRX]

@amtdesign China Can Suck My Multi colored dick befor they get anymoney from me. Fucking Chinks. Get outa here.

[wolftreetree]

@amtdesign

I guess you like kicking people while there down, what comes around goes around.

[ciro9]

Continuation from previous post...

Unlike Sergeant Andrew Seabrooks from Queen's NYC who was killed in Afghanistan this past June because he needed the money to stop a bank from taking his family home away from him due to forclosure.

[ciro9]

You are absolutely correct monkeyman 1140.

While young men & women (from modest financial backgrounds)fight the war's.

The rich kid's such as President Bush's daughter's, Mayor Michael Bloomberg daughter's, Donald Trump's son & daughter  etc., I can go on & on.,

are all having a ball with their live's.

[flangelet]

Let me get this right... your american elite don't send their sons to fight in the wars they make, right?

Yet the British royal family sends it's princes? Andrew, Charles' brother was a helo pilot in Falkland's War & Harry was recently in Afghanistan in Helmand Province, you know, where the fighting is!

Mmmm! You have a MUCH better system?

I don't like royals much but at least they send their kids to war so some respect there I think. Haven't seen Bush nor Blair's kids signing up, have you?

[unytcommsys]

You make a good point. I don't idolize anybody! I have respect for the actions and deeds of others. I don't kiss butt. If you don't send your kids to war then who the hell are you to tell me that my kids should.

[flangelet]

When is a member of the Bush family signing up to get a round in the face in Afghanistan? Any day soon or never?

[ciro9]

"We the People" who do not have high paying jobs should be granted the right to borrow a low interest home mortgage loan based on income directly from the Federal Reserve Bank which should be nationalized for the people of our nation who for to long have been enslaved by bank's and lending institution's by high interest rates on money that they receive from the Federal Reserve Bank. Why shouldn't we & our families do the same?

[monkeyman1140]

Because only the wealthy are granted such access to government monies.

[b2flyer1]

What you're seeing is,the financial collapse of America.This a well orchastrated plan to foreclose on Not only homes,but the US DOLLAR.

When the US Government borrowing from China to start wars,like in the case of Iraq,look out.The US dollar,has lost 60% of it's value,factories are closing,in Dec 08 alone,more that 300,000 US citizens,signed up of Un-Employment,yet we start more wars,how stupid.Wake Up people...

[509889]

in the 70s a mustang was 2600$

in 2007 it was 30.000$ an X12 increase.

in the 70s min wage was 3.00$

4$ an hour in the late 80s/early 90s: average home 50.000$

5$ an hour in the late 90s: average home 60.000$

6$ an hour in 2007: average home 200.000$

wages increased 2 dollars bertween 2003/2007

homes increased 150 thousand dollars rents went from 400$ to anywhere between 1000$ to 2000$

u call that a dream? ur nuts

it was a fucking slavery blueprint!

[wenrock]

when foreclosed upon people say they "lost" their home, it makes me shake my head - if u didn't put any $ down, how was it ever your house? if you didn't share in the risk w/the lender, what exactly did u lose? bragging rights? I don't mean 2 b callous bcuz I understand people wanting the "American dream", but the mentality of I want it now is impatient at best - I'm sure there r exceptions, but people that had 2 have that $800K house bcuz their friends had 1 r hard 2 sympathize with

[moniequa]

boohoo boohoo he should have rented to begin with.

[123jigga]

Lose the song, please!!!!!!!!!!!!!!!!!!!!!!!!

[neil7d]

Debt Solutions Group can assist many homeowners with loan modification and renegotiations. For free consultation, please call 888.844.3557 ext. 6115 or 6103.

[aviomaster]

WALL STREET fucking everybody around them for ... THEIR own wealth ... HAVE you heard what kind of checks are they getting at the end of the YEAR ...

[joshcaprarella]

I could afford my house when I bought it. I wasn't in over my head. I lost my job and the boat sank from under me. We also live in a society where people are greedy, they lie and cheat and victimize people to get them in these positions. That's okay. They'll be rich for a while until all the victims get together and gang up on them.

[Twinaces22]

Read your constitution! It's not long and it shows you the difference between the founding father view of the US comapared to now. Gold and Silver should only be true money.

[repo4sale]

Debt=Credit=Kiss of Death! Borrow till you get kicked out! Or be FRUGAL AND BE RICH LIKE ME!

[guitarsrule1]

In the 1950's a buck was worth a buck, cars appliances, guitars, were made like a tank. Now we are scammed nonstop. The American system is in deep trouble. It's time to start valueing each other instead of stuff.

[aitraining]

Man - The Megadeath video cutting in every minute is fucking annoying. Thanks anyway. Good stories.

[cycosteve2006]

when i lose my house i am going to burn the mother fucker to the ground and then blow my head off!!!..i went from the american dream to the american nightmare! fuck!

[Rspringscabin]

Glad to see you are still around steve after this comment. I didnt even realize this comment posted to my youtube account probably due to me being on another. Anyways dude a house is a house and shouldnt have strong emotional attachments to. Good luck man.

[ranchoboyeros]

Great video

[spunkboyclassic]

now you know what its like to be black -welcome my new niggers

[b2flyer1]

spunkboyclassic: Your comment was made with very little class !!! Just think(if NEVER in life use your brain) If Blk people stopped using the "N" word,in movies,music,and comedy,the "N" word,just may GO AWAY...This country,is headed in the direction,where poverty,will REPLACE the barriers of Race.

[lopoex]

Freakin' chip board and knock on walls--it's HALLOW.And the price the're asking.IF enough people will say--we're NOT buying this junk for this PRICE.Then they will adjust their RIGHT PRICE.But.bec there's too many succers.need i say more!

[slobomotion]

Why don't these people have good disability insurance policies or other such insurance? They seem to have had no safety net. Everyone knows, you need this, plus a year's living expenses in the bank.

[davidbavid1]

Great video! Just a tip, you can learn how to flip foreclosure and pre-foreclosure at -- MyForeclosureTips( dot )com --. Make sure to you remove the spaces and parenthesis.

[alanhowitzer]

You never owned the home lady.

[RL36D]

decent video except for douche hair band.

[sonakoya2001]

this same scenario is coming to the UK... :)

[acidie]

"They cannot blamed for being ill-adivised!"

Really, so you saying that they can do any thing they want without knowing the risk or consequences and that's fine.

Bullshit, they are fucking idiots and got slaughtered.

Maybe they will learn something, but I bet they just trot out the same old shit about greedy banks and the FED.

If one chooses to Remain ignorant in the face of knowledge, then you deserve what you get.

[Wood490]

Everyone wants the American Dream, at any cost.

[StanGrad97]

True..it's just the planning involved. When I bought 5 years ago, I did'nt do it in haste, I researched the markets for 1 year. Gathering and planning and second opinions. I have sympathy for people in this video. They cannot blamed for being ill-adivised!

[lrich65184]

Wow Poor money planning.. No credit no income verification.. One phrase "there is never a free lunch" Four kids and a husband who is a carpet installer ( Not the most stable job) It is also the greedy banks as well taking advantage of this..

[StanGrad97]

Your an asshole! I would think as intelligent as you are, your summation would be a little bit more sympathetic. She is one of a multitude going through this. "Carpet installer?" What are you implying? Sounds tome like you love to pass judgement. Lame! really lame!

[HarjasKaur]

"But you should have done the responsible thing and not purchased beyond your means."

I suppose the average American will find it more affordable to pay rent with escalating prices? Something is wrong with the system if these things are happening. A hundred years ago, the average family could build the average house, own their land without paying yearly taxes. Nowadays, everything is on credit.

[Mushin001]

Yes, very true. I bought a house (Canada) in 1997 for $375,000. It sold two months ago for $1.2Million. THAT HOUSE WAS BUILT AND SOLD IN 1912 FOR $500.00 including the lot!!! A skilled tradesman made $1500 a year in 1912. A family could be out of debt on thier home in less than one year. WHAT SKILLED TRADESMAN COULD AFFORD THAT HOUSE TODAY!!!!

[vmlinux]

And it's because of that credit that homes are so expensive now. If people had to save up cash for a home then median home prices would never go over a year worth of wages. If you have PATIENCE and save up a wad of cash even today you can get real estate at an insane bargain, but everyone has to HAVE IT NOW GOTTA HAVE IT NOW GOTTA GET A HOME/BOAT/CAR/2 SEADOOS. I have empathy the same way I have towards a teenager that rides his skateboard off a roof and breaks his collarbone.

[deathmetalpat]

The Megadeth song was about farmers, but it fits the houseing market today.

[lostprophet912]

Wow!people are really stupid enough to not know their loan is an ARM? wtf? Secondly, if you can't afford to save for a down payment, you should NEVER buy a home!

[MrWolf666]

Fuck-em! Now he knows what it's like to be an illeagle aliean. Fuck all you broke ass bitches. Now you know what it's like to a poor white working class. Fuck-em now he knows what it's like to be a 70 year old lady kicked out of her mobil home. Fuck this bitch. He didn't care. Why should anybody care about this loser.

[Nu7bsRD9]

"No money down, doesn't have to have no credit". I would like to recommend that high schools teach BASIC personal economics. Because there are just too many ignorant people that fall for this crap.

If something sounds too good to be true, IT IS!

[LeftLiberalSoCal]

This is very heart breaking. But you should have done the responsible thing and not purchased beyond your means. It's time to save up for that first month's, last month's rent deposit. People like you pushed up prices, making it unaffordable for middle class family's buy home's for residence.