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Most Recent Comments
Thursday
Jul292010

« People Begin Living Without Electricity And Water In California -- Squatters In Their Own Homes »

Video:  Candles, lanterns and 10-gallon water jugs

The author claims that 25% of the people in his area are squatting in their own property -- presumably meaning they have stopped paying their mortgages but have yet to be evicted.  Short clip.  Runs 2 minutes.

---

Video:  Tired, depressed, but not giving up

 

 

 

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Reader Comments (22)

http://www.orlandosentinel.com/news/politics/os-grayson-sends-dvd-20100728,0,154249,full.story

I think Grayson is a nut and made auditing the Fed more difficult if not impossible but here is the video that the Dems bought.
July 29, 2010 | Unregistered CommenterZ
"I think Grayson is a nut"

That would make YOU an entire fucking ALMOND TREE.
July 29, 2010 | Unregistered CommenterRecoverylessRecovery
Great piece DB. I have been following this guy from NIA for 2 years now, and hes right on 95% of the time. You should see his "Stock Pile" for bad times just around the corner.

You follow the banks, he follows the guage on inflation very close and the needle is now in the red. He is why Im a bit down instead of up in mood becouse I see whats comming.

We have the lanterns, smoke-less oil, and matches, ready. Here is his site and "Everyone Needs 2 Watch" The Dollar Bubble, if you havent. Show it to everyone that comes over too......! http://inflation.us/videos.html


This is what I sent out to all of my friends on Mon.......

This is what is realy going on in our goverment today, weather you like it, or belive it, or not. It is happening and with BHO as president, its now in high gear and spead up x-4 since Bush left office. I've spent 2 years of my life tracking all of this.

Any question you should have, I'll have an answer. For thoes that dont belive, watch "Food Inc"..................or go to this link and watch the top one and "The Dollar Bubble........

http://inflation.us/videos.html Question....how much real cranberry juice is in Ocean Spray........................."NONE" Watch it, its all there. A few are taking the time to Read & Wake Up....? Most wont thoe. & thats the sad part. P.S. The "Chem Trails today above our cabin look like a fresh baked Apple Pie, with all the cris-cross up in the sky.........

"Oh" you dont know about them.....Google it, it will make you want to neaver breath air again. They are doing it to weaken our lung tissiue so the flu vaccines this fall will go in deep and make you very sick.....Plus catching anything the person has standing next to you in line at the store........This fall should be very deadly this time....?
July 29, 2010 | Unregistered Commentertexasdar
I posted the link and Z clown bashed me and now cheers on same link by DB?LOL
July 29, 2010 | Unregistered CommenterKen
THAT'S what makes him a clown Ken.
July 30, 2010 | Unregistered CommenterRecoverylessRecovery
Read the link and then read my comment you twat.
July 30, 2010 | Unregistered CommenterZ
I watched the video and chuckled. It's impossible to "squat" in your own house. These people borrowed money from a bank and bought the right to control a deed. They failed at maintaining that right.

Nearly all people I know in Southern California are working. The ones who aren't lack marketable job skills -- they're high school grads only or maybe they earned college degrees in the humanities.

I've seen dozens of new retail businesses open up -- from hydroponics equipment to foot massage.

Persons who wrecked their own lives by their reckless decisions who are living in Southern California need to face truth. They borrowed too much cash from bankers to buy more house than they could afford. They leveraged against their houses to live a phony life of luxury.

Now, they need to partner up with others like themselves, suck it up and live 10 in a house, if need be, so they can get their financial lives in order.

These same people need to look in mirrors and accept truth. They lack suitable job skills for the 21st century to earn income sufficient to pay for expenses at the living standard they believe, falsely, that they are entitled to have.
July 30, 2010 | Unregistered CommenterSmack MacDougal
smack...true...i struggled with the headline for the story...
July 30, 2010 | Registered CommenterDailyBail
Banks are not putting these repossessed houses on the market for sale.

The reason is not altruistic; they don't care about these "squatters in their own houses."

They don't want to flood the market with houses because they don't want the price of houses to fall. They don't want the price of houses to fall because they are using the original prices of these foreclosed houses to calculate the total value of their bank assets. If the prices fall to their true value on the free market, the banks total asset value will go below zero and they will be technically bankrupt.

Of course, if banks didn't do this and the government took over the process the end result would probably be the same because the government would not want to see a huge increase in homeless people.

The same thing happened in the Great Depression and for similar motives: The banks had no motive for taking over foreclosed houses that they couldn't sell without taking huge losses, and couldn't maintain anyway at a huge cost to themselves.

So today (and then) they let the people maintain their own houses the best they can and pretend that the houses the banks own are worth what they were when the people took out their loans. And people thank them for it.

But the process distorts the free market in that it depresses the rental market (many of these people would rent otherwise), it distorts the housing market (more houses on the market would lower the value of the average house) and distorts the true value of the banks that hold a huge amount of undervalued assets (repossessed houses.)

Corporate capitalism has always fought small business, free-enterprise capitalism and market forces. They want monopolies first and oligopoly second and they elect governments to give it to them.

The issues seem to be too complex for individual voters to understand so they vote for personalities who promise them bread and circuses instead of for people of integrity who tell them the truth which is that only hard work, saving money and education/training will make their lives better. Why vote for someone like that?
July 30, 2010 | Unregistered CommenterJames Street
"Corporate capitalism has always fought small business, free-enterprise capitalism and market forces. They want monopolies first and oligopoly second and they elect governments to give it to them."

Very good James S.
July 30, 2010 | Unregistered CommenterS. Gompers
James...

What about the big company that buys the small business? It has been the "get rich" objective for many people.

http://www.youtube.com/watch?v=xeXjWoG5Y5c
July 30, 2010 | Unregistered CommenterZ
James S...excellent comment...here's the rub...

--------

They don't want to flood the market with houses because they don't want the price of houses to fall. They don't want the price of houses to fall because they are using the original prices of these foreclosed houses to calculate the total value of their bank assets. If the prices fall to their true value on the free market, the banks total asset value will go below zero and they will be technically bankrupt.
July 30, 2010 | Registered CommenterDailyBail
So the squaters stil live in thier homes with out a Onan Diesel Gen Set. Lamp oil, & beans for supper tonight ?
July 31, 2010 | Unregistered Commentertexasdar
Texas...

Don't get upset with me but did you graduate high school?
August 1, 2010 | Unregistered CommenterZ
Birds of a feather…Let’s see the highlights…

Marc Mezvinsky, 31, will marry Chelsea Clinton, 29, the daughter of former President Bill Clinton and Secretary of State Hillary Rodham Clinton, in the summer of 2010.

Mezvinsky also has a successful Wall Street career. He currently works at the hedge fund G3 Capital and previously was an investment banker at the behemoth Goldman Sachs.

In 2008, Marc Mezvinsky bought a condominium in the Flatiron district of Manhattan valued at roughly $3.8 million. According to New York Magazine, he toured the 2,000-square-foot, three-bedroom condo with then-girlfriend Chelsea, after they looked at other properties in downtown.

Marc Mezvinsky is the son of two former members of Congress. His mother, Marjorie Margolies-Mezvinsky (D-Pa.), served one term (1992-1994) and his father, Edward M. Mezvinsky (D-Iowa), served two (1973-1977.) Ed Mezvinsky pleaded guilty in 2002 to swindling dozens of investors out of $10 million and served five years in prison. He was released in April 2008, but remains on federal probation and still owes almost $9.4 million in restitution to his victims.

http://www.politicsdaily.com/2009/12/02/meet-marc-mezvinsky-chelsea-clintons-fiance/
August 1, 2010 | Unregistered CommenterZ
Bernie Madoff Light…Yes, THE CLASSIC PONZI SCHEME…
…Based on his close connections to the Clinton family.
FAST TALKING EDDIE (FATHER OF THE GROOM)…

Ed Mezvinsky's nickname among pool reporters in the 1970s was "Fast Talkin' Eddie." The former star athlete turned politician spent four years in the U.S. House of Representatives before going into business for himself, hatching a string of fraudulent activity the FBI later said infiltratated nearly every one of his business deals between 1980 and 2000.

After pleading guilty to 31 of 69 charges of bank fraud, mail fraud and wire fraud in 2001, Mezvinsky went on to serve federal prison time and was released April 11, 2008. Mezvinsky was a Philadelphia lawyer and self-styled international businessman who in some ways was a pioneer scam artist. Before the Nigerian advance fee scam became a ubiquitous experience in Americans' email in-boxes, Mezvinsky was deftly executing the scam in real time, convincing victims to hand over large amounts of cash based on his close connections to the Clinton family.

Mezvinsky would later claim that he was suffering from bipolar disease, which led him to the life of crime. In all, the FBI says Mezvinsky took in about $10 million, and described him as a one-man crimewave. Mezvinsky's victims were friends, friends of friends, even his mother-in-law. He was a public figure, so victims trusted him, sure he wouldn't jeopardize his and his wife's political ambitions.

http://www.zimbio.com/Ed+Mezvinsky/articles/1Pk7FagtWMN/Ed+Mezvinsky+Father+Marc+Mezvinsky+Pioneered

http://crab.rutgers.edu/~mchugh/nigeriamezvinsky.html
August 1, 2010 | Unregistered CommenterZ
"Don't get upset with me but did you graduate high school?"

DON't you answer that TexD. Next thing you know he'll be demanding to see your birth certificate.

:-)
August 2, 2010 | Unregistered CommenterRecoverylessRecovery
Texas...

Don't get upset with me but did you graduate high school?

"No ZaRa" I dident. I had to drop out of the end of my 3rd year to keep the family all togeather, and get a job a McDonalds to keep the bills payed. My mom taught me Keyboards, and guitar. We did duetts when I was 6 on the accoradian.

Sadly thoe, she had bipolar disease, Skitafarina, and Pearanoia. You know what im trying to spell. It was her 4th time in the Sikc-ward and was going to be for 3-4 mos.

The state was going to split us up this time, as no relitive wanted to take another turn careing for us 4 kids. So my 64 Chev. SS Rag-top went to work in stead of finishing the school year, and it went into the fall of the next with 3 1 mo. home visites.

It was almost 3 years later before she could make it staying at home and fitting back into home life. By then I had 2 jobs, and a "Kick Ass Country Rock Band", and saw no need to go back and finish the last year of HS...................

P.S. I wasent a good speller in 7-8th grade, so one more year wasent going to help me thAre.....Ha ? Unlike smart people, some of ol country singer guys talk threw our harts, and not our brains. Plus the Lyme, plus 5 more from 2 tick bites mess with my brain cells. Its called "Brain Fog"...........

.....I reamber to songs I sang in 7th grade, but cant reamber what we had for supper, nor the show we watched last night. BHO dosent have a BS, why would a HSD make me any better of a person...?

I was fired from my last job haulling Gas, Diesel fuell here in the Ozarks, when they found out that in Oct. of 1999 they put a "Defected-Leakking-Re-Called Hart Valve" in me. Ins. couldent cover me, and out the door I went.

I can no longer drive for anyone. My CDL, "Has Mat" was pulled from me. I've been unemployable since Aug. 2000. I have Severe CFS, and get out of breath just eatting a big meal, or trying to keep up with "ZaRa & Ken-Bot".......

I wouldent change a thing, and I still cant spell. I care deeply for Animails 1st, People 2nd, Country 3rd. So, yes I do have a deploma in life, do you..........................................?
August 2, 2010 | Unregistered Commentertexasdar
TexasD...I respect you and your opinions and thoughts. I enjoy reading your comments. I guess spelling is a pet peeve of mine that I need to get over or just keep quiet about. Sorry to hear about your CFS.
August 2, 2010 | Unregistered CommenterZ
DON't you answer that TexD. Next thing you know he'll be demanding to see your birth certificate.

Not 2 worry RLR, I've got both of mine. The one Mo. made me get to renew my drivers Lic, Pluss, the one my Dr. singned, along with my dad, mom, nurse, with my cute "Little Feet & 10 Toes", and the Red Head Russian Spy........

Oh, maby it was the blond with the "Red Dress On" on DB's site, im not sure now.................Fricccccckin Brain Fog. But unlike BHO, he AINT Got None of Them. I have Both.

& "ZaRa", not everyone can be smart people like you, and many others. Its just, I wont let that take me down. I can spell good enought so Most, can read my shit.

How do you know yr Spellin is right....? Maby us "Lefty's" are a supper-Beeings, above the smart people, I Did that one on Pourpous, to see if I did spelth'ed it right ?

One thing I will not let, is the smart people Tare Dar Down, becouse in my life, ( 1992 when the first Tick took life away from me ! ) I have done more, had more "Toy's", worked with more imporant people, some not so smart,,,,,,,,& made more friends in high places, and lost just about "Everything" I lived & dreamed for & still love life.

I have a very close friend that owns oil wells from Nabreaska. to Tx. & he cant spell that great too ! Drives a 2008 RR, and a New Prevost 45' bus, like I wished I could aford, and a cabin 3 down from me.

"Z" I do understand how "A-Noy-Ing" us not so smart people can be. You know im working the croud here, Right. Yr my best material.........but the story is all true.

People, you can not trust yr health, or your brain cells too, I guess. Mine lived to play music, not spell like the smart people do. I can play a song in any chord, can you....? One thing I can tell you, is I feel right at home on DB's site. & You & "Boot-Boy" are my most'est fun. Im trying "Hard Here" with "RLR" ?

"Pssssssss't" some times I spell words the way I like to see them. Im not so sure if ya'll know how to realy spell them. Then, yr brain aint twisted up the way mine is, Ha ?
August 2, 2010 | Unregistered Commentertexasdar
"Oh" I dont feel one bit sorry for the people squatting in thAre haus becouse they bought Way Mor that they could pay. Its just a piece to see, and how bad its getting. They will be the ones to fire the first shot.

We did everything right, and still came real close to moving onto our boat, becouse Ann was fired 2 years ago from Middle Mang. & were caught up, but with the bad times , high gas, high prices, living right, almost lost it becouse of down sizing.

It can happen to good people doing all the right things too. Everything closed in on us.
August 2, 2010 | Unregistered Commentertexasdar
If the prices fall to their true value on the free market, the banks total asset value will go below zero and they will be technically bankrupt.
@James Street

If this one little thing was to happen, it would be all over in 24 hr. and the One Hour Melt Down, would comense........
http://www.grandpappy.info/honehour.htm

I wonder how many people, other than ol Gomps are ready for this...............?
August 3, 2010 | Unregistered Commentertexasdar

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