US home foreclosures hit tenants too - 24 October 2008

[blackberrypimp89]

i love you 

[blackberrypimp89]

i'll buy her a home damn she fine

[eldiezmaradona]

Renters dont let the gov. and greedy landlords steal from you! Take back the land! Squatting is becoming a real alternative, there are more then 7 million VAcant bank owned homes in the US ! Adverse possession is legal and if you can "move in" a vacant home and put a homeless family in there, isnt it better then having a family on the streets? Banks get bailed out, landlords get bailed out, what about renters? what about the millions of middle and lower class Americans? who cares about us??

[wolftreetree]

@eldiezmaradona

That sounds good but it is unfair to "quote unquote greedy landlord" the Landlord has taxes to pay, insurance, community dues, upkeep, and now you expect the landlord to do all that without any income from the property? Thats unfair.

[eldiezmaradona]

Stop paying rent! If landlords are being selfish and greedy by pocketing rent money (instead of paying the true owner--the bank) you should stop paying them rent. If they want to screw the system thats their problem, but dont let them screw you! Dont lose your security deposit to a spineless landlord!

[JAZIBZAH]

and its going to get much worse.....

[Ariji86]

That's one warning by Allah due to the people who disobey Him.

Allah said, interest is forbidden.

[rossyboy1000]

1000 homes are being reposessed every month in scotland in a country that has a population of 5 million.Everywhere is being hit.

[oceanbound222]

The Bush legacy !!!!!!!

[KhmerD0g]

Bush legacy: two stalemate wars, hurricanes katrina and ike, unwarrant wire tap, credit crisis, high unemployment, 75% increase in debt, jobs moved oversea, world hate us. what is next? stock market crash? great depression? dollar will become worthless?

[blackberrypimp89]

@KhmerD0g yep obama got to go he suck ass 

[KhmerD0g]

@blackberrypimp89

Wow, I've got a reply after a year later.

Obama is following Bush's legacy. We have BP disaster, unemployment is at 20% plus, many states and counties are insolvent and debts are ever increasing. By the end of Obama's administration we are likely to have a currency crisis, civil unrest and possibly the break up of America. Politicians are the worst leaders.

[bertmarx]

move with me sweetie

[MoralObserver]

Raise the rent?

[peppeddu]

Greenspan's home was financed with a fixed-rate mortgage.

When someone asked him why he says "I like safety"

[veggielife]

America will turn into one big ghetto.

[Energyium]

the rich are getting richer

and the poor are getting poorer

until time comes when everything falls apart

[1diocracy]

The U.S. already has too many people, and keeps importing more. Thus, importing poverty. The country is gradually being transformed from a first world country into a second and third world country.

[RAPMONSTAR]

you are uninformed

[1diocracy]

That you are offended by my post means nothing. You are reacting with emotion rather than logic.

There are too many people being born, and too many of the low intelligence variety. This is what causes societal breakdown. Look at the illegitimacy rate of African-Americans, for example. Do you think it says nothing of a people when 80% of the children are bastards?

People who have no desire to work should not continue reproducing.

[xcusemeprincess]

Rofl, nice try racist. Get out of my country.

[1diocracy]

When a nation has growing poverty and joblessness, obviously the solution is to import millions more.

You are in America because your native land, the land of your blood, is a dump.

[xcusemeprincess]

I am Iroquois. Americans have killed my people and my blood and turned my beautiful land into a place where people like you can thrive. Your statements demonstrate your ignorance and your complete lack of empathy for humans who have suffered so much in the history of this country. Critical thinkers will thrive in the future of this world, and they will come together and drive people like you into irrelevance.

[iCandyCatastrophe]

I am Cherokee. I agree.

[eventheinnocent]

fuck me. that was the most poetic comment i have ever seen on you tube

[1diocracy]

You understood nothing. You state that you are 'Iroquois', which has nothing to do with either this video or my statement. (and I've encountered alot of 'Iroquois' who don't look a bit Iroquois)

The United States needs to get its act together - quick - on the issue of immigration and poverty. Or it will cease to exist.

When you are diagnosed with cirrhosis, you don't buy another bottle of Jack Daniels. (unless you want to end your life quicker)

[TVParkdale]

xcusemeprincess:

Your words do not impress me as those of someone who has had any traditional training or acculturation.

"Iroquois" is not a nation or people. It is the term for a confederacy of nations. No one I have ever met from those nations would claim themselves as, "Iroquois".

Since you do not know your nation nor understand any cultural imperatives I suggest you either discover them or we can simply assume you are trolling for some undiscovered reason.

[Toronto2245]

Yeah.. Lets all get outa "his" country, cause soon hell be on the streets and will be on the news soon,

Stupid America.

[RAPMONSTAR]

you are incorrect in your logic to assume that I am reacting with emotion, and the rest of your arguemants.. you are an untolerant bigot. if you take a look at the divorce rates

[cdahl24]

my question is what are the people who own the buildings and houses ,are doing with all that money they make from rent. I guess those owners are stupid when it comes to handling money.

[moonlandingwasfake]

some banks were giving 110% of the purchase amount at times..when interest rates go up as they have ( and probably go up more again soon ) the owners repayment goes up so much that even a rent increase will not make up the shortfall....

It is Global though ( in the developed world that is )not just US , Europe , Australia etc are all affected.

Just a financial adjustment, give it a few years and we will be ok again!

[TainaAtheist1]

To answer your question, "What are the people who own the buildings and houses doing with all that money they make from rent?"

They committing grand larceny.

.

[mockingarab]

who's gonna bail out the little guy?