Foreclosures: Killing middle class dreams

People in Riverside, California have stopped using electricity and other utilities because they can't afford the skyrocketing prices. Banks are taking the homes off of the market and then not putting them into their inventory, making it tougher on the people trying to afford their mortgages. According to our guest George Hemminger, 25% of the people in Riverside are squatting in their own houses.

Category:

News & Politics

Tags:

• Kristine Frazao
• George Hemminger
• survive and thrive tv
• California
• Riverside
• unemployment
• foreclosure rates
• mortgages
• Obama
• re-modifying loans
• jobs
• mortgage default
• housing prices
• banks
• Florida
• Michigan
• economy
• real estate
• deflation
• RTAmerica
• RT America
• G4T
• George4title

[SouthernKudzu]

Social Security IS NOT "entitlement spending". That is money taken from workers at gun point, placed in an account to be paid back at a later date. That money is owed to me because it is MY money, not my entitlement. George has a certain dramatic way of spreading B.S.

[shrump87]

@wc02 You're 1000% CORRECT, this guy is total scammer, along with the other poster boys of Inflation.us. I mean what credentials does this guy have?? He's just a popular doom and gloom youtuber, now he's on local news? Pffft. Guess they were desperate.

Plus I can't even count the number of times he's deleted "REAL" comments on his channel including mine - total shit-snake

[windowsfan95]

this happens because of the fanincial crisis

[grjcbs]

GOVERNMENT WORKERS SHOULD UNDERSTAND THAT THEY'RE NOT GOING TO CONTINUE LIVING THE HIGH LIFE FOR LONG, 'CAUSE THE DOLLAR IS GOING DOWN...THIS WHOLE MONETARY SYSTEM IS GOING TO CRASH, & IT AIN'T COMING BACK...THESE GREEDY GOV.'T BASTARDS ARE ONLY HELPING TO PROLONG THE SUFFERING THAT"S GOING TO KEEP PROLIFERATING AS LONG AS THEY CONTINUE HELPING THE "POWERS-THAT-BE" [THEE MOST EVIL A-HOLES, WHO'VE PLANNED ALL THIS TO HAPPEN, SO THAT 90% OF THE REST OF US DIE OFF (THIS INCL. GOV.'T WORKERS)]!!!!!!

[bodizone1]

foreclosures aint going away!!! the false american dream is OVER ROVER!!! get a grip on your wreckless spending you fat greedy pigs

[laurenoliver23]

People shoud consider the job loss when they buy a home. Houses in the Inland Empire (Riverside County & San Bernardino County) are still overpriced.

[searching68]

Wake up America! It's time... "THE REVOLUTION HAS STARTED"

Read “Common Sense 3.1” at ( revolution2.osixs.org )

"Spread the News"

[hathigmonorow]

@wc02 Fucking bullshit! George is showing what CNN/ABC/CNBC/FOX does not show. What stocks is he telling me to buy? He and all the other "conspiracy theorists" are telling you NOT to buy stocks and to BUY PHYSICAL GOLD AND SILVER!!

Take your fucking propaganda and shove it up your ass!

Keep up the great work G4T & inflation.us

[dstory69]

@wc02 Doesn't matter where you are, or what industry is your claim (most likely the public sector - SOCIAL SERVANT). When the domino's come crashing by your home (and they will) you will understand. But for you, it will too late. Post collapse, it would be wise of you not to speak of your past life as it may spur something unexpected.

[casperguylkn]

Solutions exist to change the world, for the better. zeitgeist movement dot com