BBC reports: It sucks to be American right now...

[7zark7]

http://youtube.com/watch?v=CnnOOo6tRs8

I'm surprised there aren't any American news agencies picking this story up....
Unless its not true... Anyone here live in Cali? Is it always like this? Are there tent city/ shanty towns all over the place like Haiti, India, China and Brazil.

Or are they just a bunch of moron's who took loans for a house they knew they could never afford....

[Peenyuh]

I live in California, and what I saw in that story is heavily spun. Those tent cities that they showed have existed in States on the west coast for many years. There's one in King County Washington that moves every three months because no community wants them around. They are not a result of people losing their houses in this current homeloan crisis. The tent cities are not that big. Jerks just don't wanna see the homeless at all. In the past 7 months that I've been in Sacramento, I haven't seen a tent city. Seattle, Los Angeles...big cities like that have always had little places like that. Looks to me like the BBC took a problem in one area and spun it to fit their own purposes. I am NOT accusing the BBC of doing anything any American media wouldn't do, I'm just pointing out that we Americans are not being turned out into the streets in record numbers. Lot more people are moving into smaller houses and apartments in Cali right now though. In THAT sense, it's pretty bad.

[seremtan]

hm... taking out loans is making a bet that your economic situation and that of the country as whole will only improve or at least stay the same. governments in general encourage people to think this way, because a) it makes them sound competent and b) all that credit is what fuels the economy. unfortunately the bubble has to burst some time, and unless you spent your savings on gold, you're pretty much fucked if you have any outstanding loans or cc balances. it doesn't help that all your jobs went to mexico either

[Peenyuh]

hm... taking out loans is making a bet that your economic situation and that of the country as whole will only improve or at least stay the same. governments in general encourage people to think this way, because a) it makes them sound competent and b) all that credit is what fuels the economy. unfortunately the bubble has to burst some time, and unless you spent your savings on gold, you're pretty much fucked if you have any outstanding loans or cc balances. it doesn't help that all your jobs went to mexico either

And China, and India, and.....

[R00k]

Peenyuh, I like you. You seem like a fairly level-headed guy, all things considered.

[Peenyuh]

Peenyuh, I like you. You seem like a fairly level-headed guy, all things considered.

[Tsakali_]

property ownership isn't so bad, you just have to make sure you hit that wave at the right time.

As for California I heard they had recently started 50 year home loans...you pretty much sign over the rest of your natural life for the illusion of ownership.
not to mention it speaks volumes as to how ridiculously overrated real estate has become in that area.

[Peenyuh]

property ownership isn't so bad, you just have to make sure you hit that wave at the right time.

As for California I heard they had recently started 50 year home loans...you pretty much sign over the rest of your natural life for the illusion of ownership.
not to mention it speaks volumes as to how ridiculously overrated real estate has become in that area.

Absolutely over-rated.

[7zark7]

Peenyuh, I like you. You seem like a fairly level-headed guy, all things considered.

[zeeko]

can i join teh circle jerk too?

[7zark7]

did you bring a cookie?

[nay0k]

can i join teh circle jerk too?

dear zeeko.. u r a fag

[zeeko]

can i join teh circle jerk too?

dear zeeko.. u r a fag

n1 circa 1999

but seriously, if you want.. i mean... we can make the circle a little bigger.

[Dave]

If I were one of these people who can't find a job, I'd move somewhere where I can find a job.. It's not rocket science.

[HM-PuFFNSTuFF]

If I were one of these people who can't find a job, I'd move somewhere where I can find a job.. It's not rocket science.

How do you move if you have no job or money?

[andyman]

This is what they did in st. petersburg a year ago for this type of problem
http://www.youtube.com/watch?v=LrPdZmPB ... re=related

man did that ever cause a stir.

[HM-PuFFNSTuFF]

That's pretty fucked up.

[Dave]

If I were one of these people who can't find a job, I'd move somewhere where I can find a job.. It's not rocket science.

How do you move if you have no job or money?

Ooooh.. there are ways. It's a big country and I'm sure a lot of them have cars or relatives who will help them out.

[HM-PuFFNSTuFF]

Ooooh.. there are ways. It's a big country and I'm sure a lot of them have cars or relatives who will help them out.

It's those who don't who are fucked. If you can't get set up with an address and phone number to put on a resume you may have a fuck of a time getting a job.

If you have no money and don't have proper or clean clothes for an interview you may be fucked.

If you have no money you might not even be able to print copies of your resume to hand out and then you're fucked.

[+JuggerNaut+]

they could caravan to SF

http://www.msnbc.msn.com/id/23377190/

[Dave]

Ooooh.. there are ways. It's a big country and I'm sure a lot of them have cars or relatives who will help them out.

It's those who don't who are fucked. If you can't get set up with an address and phone number to put on a resume you may have a fuck of a time getting a job.

If you have no money and don't have proper or clean clothes for an interview you may be fucked.

If you have no money you might not even be able to print copies of your resume to hand out and then you're fucked.

You're just making excuses now

[EtUL]

Most people who are homeless are homeless by choice. There are ways out but they are work and take effort. Everything Puff listed, there are shelters that offer that but you have to be willing to give up your vices and work.

Hell, one of those homeless people on the st. petersburg video had a fucking cell phone and a cigarette in hand , not to mention a cell phone with a video camera.

[kel]

hm... taking out loans is making a bet that your economic situation and that of the country as whole will only improve or at least stay the same. governments in general encourage people to think this way, because a) it makes them sound competent and b) all that credit is what fuels the economy. unfortunately the bubble has to burst some time, and unless you spent your savings on gold, you're pretty much fucked if you have any outstanding loans or cc balances. it doesn't help that all your jobs went to mexico either

I remember reading somewhere it's illegal to stockpile gold in the US except by the Gubment. Something Gerald Ford passed...