The American Dream, housing bubble, and wrecking balls converge in Cleveland, Ohio.

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Uploaded by on Dec 18, 2011

This is part 1 of 2 from a great story 60 Minutes CBS December 18, 2011.

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Uploader Comments (EconCat88)

  • Un-frickin-believable.

  • @DoNotCiv

    I agree. I don't think enough people realize just how scarce certain resources are going to be during the coming decades. While there are some structures that should be demolished, destroying homes that are liveable is disgusting.

  • And lets not forget no matter who these people voted for, OHIO is a republican RAN STATE so if you want to blame someone blame the STATES LEADERSHIP

  • @78ramjr

    Unfortunately, Lucas County and Toledo, where I live, has one of the highest % of Democrats than any part of US. My guess is Cuyahoga County and Cleveland are similar.

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  • More HOPE and CHANGE is coming in 2012...get ready for another turn in that roller coaster ride!

  • may appear to be a stupid question... but where have all these people that have abandon their home gone to ??

  • ~$hamefully corrupt Bank'sters are intentionally destroying the frail infrastructure of our AmericanDream, now 'nightmare' for millions of out-of-work Americans; --Zionist Rothschild/Rockefeller et'al Bankster-mafia has already been paid a Trillion-$, while most of the Judicial-system cooperates to facilitate their on-going millions of Fraud'closures, --forcing people to become homeless, -regardless that they have vested their life-savings hope for leading a respectful, healthy life.!!!

  • @EconCat88 fact of the matter is this is the result of what happens when too many hands are in the cookie jar

  • @EconCat88 I called this 16yrs ago and the problem has gotten bigger over the years didn't matter who ran the cites and state Democrats or Republicans the biggest share of the blame for this problem is corruption, greed, and big fat lies

  • @EconCat88 it is true this problem started a long time ago I was born and raised on the East side of Cleveland homes as been abandoned,condemned,and vacated since I can remember I'm 34 years old now and living In North Carolina and I've been warning Clevelanders about this years ago

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