Cash For Keys - Economic Collapse in America - Victorville Ca Part 6

http://inflation.us/

Sixth in series about the hardest hit cities in CA. The high desert is the poster child for economic collapse in Ca. Sam leads us through whats happening now and the stories of people losing everything.

Category:

News & Politics

Tags:

• Cash
• for
• Keys
• Making
• Money
• Forclosure
• advise
• losing
• your
• home
• realty
• california

[charloteer]

What happened to personal responsibility?

If you don't pay your mortgage - move!

If you don't pay your rent - move!

NO ONE OWES YOU A FREE RIDE!!!!!!!!!

I know a person that has motorcycles, cars, fourwheelers, etc.., blows money all the time, yet is behind on their payments, and is mad at the bank because they are threatening legal action. Why do they or anyone think we, the taxpayers, owe them something and should let them live somewhere for free? It's not right.

[InflationUS]

We are not endorsing anything just reporting on it..sorry if Sam made me laugh

[FafyrdGir]

I really like this one too. Interesting convo and the focus on the table. You going to film school?

[InflationUS]

I wish..no

[mung0jerry]

Excrement? Feces? And this is supposed to be funny? I reckon there are indeed savages who own homes and make good shakedown artists. Seems Sam knows the routine well. "You can either get me out the "rough way," after I intentionally act like a punk ass reprobate and destroy the property and cost you a fortune OR you can pay me a sizeable sum to leave quietly (like a decent humanoid would do anyway). A fine exemplar of the Bastiat parable (Broken Window Fallacy).

No wonder the country is doomed.

[InflationUS]

you need to lighten up man

[freedomfighterone]

These banking criminals have destroyed America.

[MICKEYISLOWD]

leaving poop in their homes!i bet if i was screwed over to the tune of 90%of my investment i too would crap on it...remember the bubble was created long time ago so they could walk out all paid up,there taking the piss!!!

[lukaszpryt]

I'm hungry now !

[onstageagain]

I’m willing to bet each & every one of us know somebody that's either lost everything, or in the process of losing it all.

In the national media, you'll hear about how the recession is over.

If that's the case, how come I know builders who have a sterling reputation & been in business for over 30 yrs whose phones no longer ring.

If that is the case, how come ? " substitute your own questions as you get the picture "

What will it be, United We Stand or Divided We Fall?

[americanbandwidth]

"If it's not in writing then it never happened" The Law in N.C. when it comes to Land and property sales.

Even if it is in writing make sure you can read it, jerks will try anything to rip You off.

The Latinos and Asians seen to have the answer for the short term, They are bunking up together and getting jobs with different hours.

So 1 man works days the other works nights, all the kids sleep in the same room and the wives manage the household.

24 hour yard sales are everywhere too.

[ITILII]

conducting the interview in a place without all the noise/music/eating would be better, looks lke Sam is familiar with some of the scams and gets involved with them, not that the banks, realtors etc are by any means innocent.

[rustyscrapper]

in the hypothetical situation that I owned a house and it was foreclosed on in this manner, I guarentee you there wouldnt be even 1 pound of copper pipe or wire left in the walls, there would be no screen doors, no air conditioner, furnace, or water tank, no eavestrough, and god forbid the house was sided with aluminum because wouldnt that just be a little obvious. Oh well off it comes.

To the scrap yard!

[future62]

A mortgage is a contract... not a promise. If keeping a home isn't in the homeowner's interest, the bank gets the home. It just so happens the banks were issuing mortgages on homes that were basically worthless. To a large degree the banks did it to themselves. The shell game could only continue as long as homes kept appreciating + selling.

[theroilsoil]

"Cash For Keys" . . . . another lousy hand-out sham.

In the end, they'll be forced to bulldoze communities across the country, because no one will be able to be enslaved in all these cracker-jack box neighborhoods that were built so quickly.

[pdxeddie1111]

i say this collapse will be good thing in the end, get property back to reality so the longest people will need a loan for is ten years and more people will own outright instead of everything being company owned like it is now, (mortgage company that is)

[dyter07]

Another is smelly cheese under the roof or in the walls. Its no problem when the temperatures are low, but as soon summer is there... bang... Will be impossible to sell the house... LOL