Home Not So Sweet: Foreclosure & debt push Americans to extremes

More than 2.5 million houses in the United States have been repossessed by banks since the economic crisis struck the country. But the impact isn’t only fina…

By | 2013-08-23T23:23:20+00:00 August 23rd, 2013|Mortgages Home Loans Interest Rate|25 Comments

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  1. Phantasmos August 24, 2013 at 9:32 AM - Reply

    Join all the accomplices then, you are guilty just like the rest of us.
    Remember, Ron Paul is One Man. So, should he make it into office, We the People that got him in need to stay behind him and push Congress in his direction!
    Otherwise, he to shall fail.

  2. soulforged789 August 24, 2013 at 8:54 AM - Reply

    Ah, I see what you’re saying… unfortunately the only logical way for house prices to go is down from here. Super low interest rates allowed for sky high prices, bu they will not be around forever. When they eventually rise then even more people will be unable to afford the homes they overpaid for. Time is against us, my friend. It is definitely a complex situation, as these things always are. Banks are not compassionate, all they care about is short term profit and not going bankrupt.

  3. Dre4dwolf August 24, 2013 at 8:23 AM - Reply

    Ron Paul isn’t geting into office, theres no way in hell the banks would let that happen, look at all the election fraud going on…. no way in hell too people dependent on big govt.
    The real chaos is that all these dependent people are going to start a shit storm when the govt losses its ability to borrow from china…. the CC is maxed out as it is….. any more inflation will only put those that are dependent into greater poverty as food prices rise.

  4. Phantasmos August 24, 2013 at 8:19 AM - Reply

    People are Broke due to their negligence! When will they take responsability for their actions? Didn’t anyone read the fine print?
    However, being a pessimist Sure does help a Lot! In which case, why even vote – stay on the porch & drink koolaid all day every day!
    Food prices have been going up if you havent noticed.
    For all the citizens in panic mode ’cause they over spent & over borrowed – ever wonder why your health is through the roof?
    McD’s still has the $1 meals & pizza is healthy!

  5. LordOrlock August 24, 2013 at 8:18 AM - Reply

    Debt is not even a choice anymore. The banksters and government FORCE you into debt. You NEED to go into debt to live in the modern world, whether you want it or not. The elites are FORCING us into slavery.

  6. LordOrlock August 24, 2013 at 8:10 AM - Reply

    Youre joking about pizza being healthy right?

  7. jeffthecoder August 24, 2013 at 7:39 AM - Reply

    Yet ANOTHER childish, subjective, emotional, stupid rationalization about debt? I think what you said is the dumbest sh*t yet! You could be the next alex jones with worthless dribble like that. How exactly were you “forced” into debt? That’s just..stupid!!!!!!!

  8. jeffthecoder August 24, 2013 at 7:30 AM - Reply

    LOL! The duh-masses will NEVER take responsibility for themselves. The mere fact that a “president” still exists is proof of that. The super hero who takes on the responsibilities so “you” don’t have to. People who are responsible for themselves NEVER VOTE!

  9. LordOrlock August 24, 2013 at 7:30 AM - Reply

    Derp. Dont compare me to Alex Jones lol. Sorry man, but debt is a scheme, and always has been.

    Early Christianity and Islam made Usury against their religions for a REASON. It has long been known that an economy based on debt is economically untennable because it ALWAYS INCREASES.

    Debt has been used the last few hundred years to take entire nations sovereignty.. Im not being emotional. Ask, and I shall show you videos and news articles, even scholarly books if you want, to prove my point.

  10. LordOrlock August 24, 2013 at 6:46 AM - Reply

    Cont. The entire invention of debt is a way to enslave people, and trick them into slavery. You need only look to the practice of debt bondage in south asia to this day, or historical examples such as indentured servitude in colonial america, to know that debt has long been used to force people to work.

    In a way, slavery in ancient greece was also a sort of debt, as a slave made meager wages (unlike american african slaves), and if he saved up enough money, could buy his freedom.

  11. LordOrlock August 24, 2013 at 6:05 AM - Reply

    Cont2. The entire history of debt has been about human bondage and servitude.

    Look at Nazi Germany. What made them so angry that they brought Hitler to power? It was unconscionable, unpayable DEBT that made them that angry, debt FORCED upon them in the Treaty of Versailles! The sum was an unpayable amount, that was forced upon them in order to nullify Germany as a future threat to Europe, and boy, did THAT backfire!

    Debt has a truly frightening history. Want me to tell you more?

  12. Aaron Doull August 24, 2013 at 5:26 AM - Reply

    So where does Darth Vader fit in all this?

  13. trvth1s August 24, 2013 at 5:02 AM - Reply

    First, dont just call it debt, call it a loan, because i can just as easily call it an investment oportunity.
    Next; your examples are ridiculous. The greeks had slavery, today if you have debt you can default. As for the middle ages, their economy was shit, millions of Europeans died from starvation.
    Loans make economies grow because they help investment, the most prosperous companies on earth wouldnt be here without loans.

  14. trvth1s August 24, 2013 at 4:15 AM - Reply

    As for a loan without interest; its impossible. Giving a loan is ALWAYS a risk because the receiver may not pay it back, if you dont charge interest its not profitable thus youd inevitably run out of money with the inevitable defaults. No 1 would loan without interest.
    People take out loans with their own wills, not via force.
    Loans can b paid back, iv paid some back lol & iv paid that ‘non existent’ 2% interest lmao
    How you say? I used the loan to WORK, for a business.

  15. Phantasmos August 24, 2013 at 3:53 AM - Reply

    Nope, recently a push was made for FDA to approve pizza as a vegetable so that it could be served at public schools – google it, don’t take my word for it. It is currently sitting in Congress. Haven’t heard much since Novemeber 2011.

  16. binder666 August 24, 2013 at 3:14 AM - Reply

    This is the end of result of decades of betrayal. Politicians deregulated the banking industry in return for bribes of one form or another. The corporate-owned mass media, which grew fat on advertising revenues from the banking institutions, turned a blind eye to blatant usury. And the people betrayed themselves by not caring what was plainly going on in front of them as long as they had an ample supply of beer, doritos, football and trash television.

  17. Richard Atkinson August 24, 2013 at 2:38 AM - Reply

    Madina Kochenova is gorgeous.

  18. marionetemanJ August 24, 2013 at 2:36 AM - Reply

    Do you know that Christianity is correct? The world around us reveals that G-d DOES exist, and the historical evidence reveals that Jesus Christ really did come to this earth and there is overwhelming evidence that Jesus Christ really did physically rise from the dead. Jesus is coming again and the signs of the end times that were foretold in the Bible are coming to pass.

  19. KKerak August 24, 2013 at 2:34 AM - Reply

    how could you understand that reporters name haahha

  20. Everett Grover August 24, 2013 at 2:12 AM - Reply

    I really will not have my house whether it wasn’t for you personally. Appreciate the inspiring video that you simply shared.

  21. MadeAUsername August 24, 2013 at 1:51 AM - Reply

    I’m a student, I have 30k in debt and I’m only half through. I sure hope I get employed or it’s going to look pretty bleak when I work my ass off and graduate….

  22. Kristina Hernandez August 24, 2013 at 1:47 AM - Reply

    Your lender does NOT have your interest at heart! My name is Kristina Hernandez. I am a counselor for various attorneys & law firms in the US. Contact me today for FREE counseling on your loan modification process. My e-mail is Kristina.SOFconsultant@live.com. Mention this YouTube comment for a discount on services available. I can even send you the information to show you what you qualify for under Federal guidelines.

  23. sellingbuyingahouse August 24, 2013 at 1:28 AM - Reply

    Interesting video…

  24. glenn robinson August 24, 2013 at 12:43 AM - Reply

    If this happened here in Belfast,,,we would burn all the homes to the ground,,without a second thought,,,walk out the door and burn in to the ground,,,,Americans seem to just take it up the ASS,,

  25. glenn robinson August 24, 2013 at 12:10 AM - Reply

    Your homes are made of paper,,they would burn easy,,,

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