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View Full Version : A Frightening Satellite Tour Of America's Foreclosure Wastelands



midnight rambler
19th February 2011, 01:56 PM
Holy cow! What's going to happen to all this inventory??

http://static.businessinsider.com/image/4d415ce5ccd1d59c56160000-915/1-las-vegas-1-in-9-homes-in-foreclosure.jpg

http://www.businessinsider.com/satellite-tour-foreclosure-cities-2011-1#20-boise-idaho-1-in-21-homes-in-foreclosure-the-red-dots-show-foreclosures-1

mightymanx
19th February 2011, 02:17 PM
Prices fall to where they should be and people buy them.



A more realistic senario is government turns them into section 8 housing for "undocumented workers" as an incentive to stay.

chad
19th February 2011, 02:18 PM
left for nature to tae over as agenda 21 is ushered in. 100 years from now, the elite will go on "adventure tours" of them.

midnight rambler
19th February 2011, 02:31 PM
What's truly frightening is that both of those scenarios are very possible.

We know that Agenda 21 is definitely in the works.

And we know that whenever CONgress sees a pressing issue they feel compelled to ride to the rescue. Section 8 housing for the newly approved slave class? No problemo.

beefsteak
19th February 2011, 06:16 PM
Rambler,
some of those photos below your link are in my part of the blue marble puddle. Thank you for sharing.

It will be interesting to compare those photos now with a year from now. Probably even MORE disturbing then!!!

beefsteak

Cobalt
19th February 2011, 06:38 PM
All those dots are proof that not one financial institution that participated in the housing bubble/scam should still have it's doors open for business.

Those lenders own trillions of dollars of property they can't sell and they made the worst kind of financial decisions in history but still somehow managed to walk away with year end bonuses paid for by the sweat of the middle class.

We the People of the United States have to be the biggest fukkin idiots too inhabit this planet

platinumdude
19th February 2011, 06:51 PM
http://www.businessinsider.com/satellite-tour-foreclosure-cities-2011-1#1-las-vegas-1-in-9-homes-in-foreclosure-20

This one is even worse.

Book
19th February 2011, 07:23 PM
We The People of the United States have to be the biggest fukkin idiots to inhabit this planet.



http://www.maniacworld.com/train-vs-school-bus.jpg

...and the unionized teachers are now demanding no cuts to their salaries and benefits and pensions during our bankruptcy.

:D