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More Banks & FDIC in trouble, housing numbers and more

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Uploaded by on Nov 24, 2009

The FDIC will need another bailout. Troubled banks is up to 552 most in 16 years! Commercial properties still in trouble for foreseeable future. How to get out of debt

FDIC-552 Banks in trouble
http://online.wsj.com/article/SB125907631604662501.html?mod=WSJ_hpp_MIDDLTopS...
Now 1 in 4 home owners in trouble
http://www.msnbc.msn.com/id/34126239/ns/business-personal_finance/
Updated list of Bank Closures-Failed Banks
http://www.fdic.gov/bank/individual/failed/banklist.html

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Uploader Comments (FreedomForYouAndMe)

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

  • AMEN! Well said!

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

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

    Dan

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

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

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All Comments (42)

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  • george4title is a  sneaky cunt

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

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

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

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

  • cool video

  • great

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

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

  • Time to reclaim our Sovereign Citizenships!

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

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