27
Nov

Underwater Mortgages; Michigan’s Welfare System FLOODED

Archived in the category: mortgages

Michigan’s welfare system is gorged with new clients who often wait hours in crowded state offices to get food stamps and medical care.

http://www.freep.com/article/20091122/NEWS06/911220433/1322/Michigan-jobless-crowd-state-aid-offices

Oct. foreclosures in Mass. jump from Sept.

http://www.boston.com/business/ticker/2009/11/oct_foreclosure.html

Colorado foreclosures hit record in Q3

http://www.google.com/hostednews/ap/article/ALeqM5hZvP8ixN-HdP6D4BwRTqryTvrj3QD9C2PLUG0

Foreclosures: Even Those with Good Credit, Jobs are Walking Away

http://ecreditdaily.com/2009/11/foreclosures-even-those-with-good-credit-jobs-are-walking-away-article331/

Blog

http://demcad.blogspot.com/

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http://www.myspace.com/rkaigler

Facebook

http://www.facebook.com/#/reginald.kaigler?ref=profile

New Youtube Channel

http://www.youtube.com/DEMCAD2

Please support other channels that expose the truth.

http://youtube.com/user/davincij15

http://youtube.com/user/Victoryindepe…

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http://youtube.com/user/Breakthematrix

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Duration : 0:6:11


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Posted by: admin - 25 Comments

25 comments for “Underwater Mortgages; Michigan’s Welfare System FLOODED”

.1
rytis1

I was new to …
I was new to America in 1998, and I had a friend working in a Ford plant (Detroit area). He said, that anytime he wants, he can go on Sundays to work there, and they will pay him $60 an hour to moves couple boxes (3x than normal weekday $20 pay).
At that time I had zero understandings of economics, but even I knew that this is unsustainable, and it will end in crash.

November 27th, 2009 at 5:15 am
.2
jsmythib

K guys..its now …
K guys..its now today- 11/26 and no one has done anything on the Yen and other currencies going bonkers- yesterday night I actually saw the changes over time..Ive never seen them move that fast…just a blurb..

November 27th, 2009 at 5:15 am
.3
VGReviewa

what you doin with …
what you doin with that ps3 demcad? playin sum mw2? lulz

November 27th, 2009 at 5:15 am
.4
BLynchCAN

Do the numbers. If …
Do the numbers. If one is going to spend fifty thousand over three years and have nothing for it! Might as well rent. If one owes a hundred thousand dollars or more and no equity for it, it’s called bankrupt. Better off to take the hit and go through the seven years.

November 27th, 2009 at 5:15 am
.5
Halo2100

The thing about the …
The thing about the militias is that the gov. most likely knows who the leaders are and the members. They’re the one’s who’d the military will be sent after first. Then it will go down the line of gun owners.

November 27th, 2009 at 5:15 am
.6
tonapah141

hard to believe all …
hard to believe all tha SUCKERS willfully sending MOT(manoftruth) & Sammer g4t money …. truly a Nation of SUCKERS

November 27th, 2009 at 5:15 am
.7
TheMangledMind

i’ll stay with my …
i’ll stay with my guns loaded … awaiting the door kickers … Military Channel has opened my eyes to how they will operate! Gonna take them out in record numbers for our faux news coverage … and I already know how the will spin this … some militant MF goes against the machine … blah blah blah blah blah … but I know the truth … and so should the MAJORITY of AMERICANS ….

November 27th, 2009 at 5:15 am
.8
SeraphimTheApologist

Yikes… Makes me …
Yikes… Makes me wish the MSM would be more honest with us… What do you recomend investing in while all this is going on? Or should we just save our money for now?

November 27th, 2009 at 5:15 am
.9
BLynchCAN

Would I consider …
Would I consider walking away?
Hell yeah!

November 27th, 2009 at 5:15 am
.10
blewEAGLE

Nice coins, …
Nice coins, speaking of coins
I just heard about the PONTIAC SILVERDOME,
Being sold for $583,000.00 can you comment on this one some time. Judge is going along with it.
Hope you do a video. This is incredible if this goes through. Sorry about the football game last sat.

November 27th, 2009 at 5:15 am
.11
skyding8962

Yay Reginald has …
Yay Reginald has 5000 subscribers.

Its really refreshing to see a guy like Reginald here doing videos without begging money like Grown men like George and MOT when they got plenty of cash and Reginald is just trying to survive. I hope you get that partnership soon, you deserver it!

November 27th, 2009 at 5:15 am
.12
Anothercoilgun

Sorry but …
Sorry but youtube for have no edit feature. No not sorry but sorry is the of youtube.

November 27th, 2009 at 5:15 am
.13
Anothercoilgun

Also have you asked …
Also have you asked your self why the google chrome full sized table url link directly touching the “Post Comment” button? Look closely, the post comment button is directly touching the google link. People. I beg you to question and be aware of all the wrong doing around you. Sneaking the little things pass you is how government and monopolies take away your rights which should not be infringed. Just look at the post comment button!!! Tell me that is not cohersive.

November 27th, 2009 at 5:15 am
.14
Anothercoilgun

Hey youtube. Do …
Hey youtube. Do you mind moving the google chrome link away from the post comment button? Are you that stupid and do you believe people are so stupid to not realize the entire table row is a link instead of just the google chrome text.

Who hear has not realized the wool pulled over your head? Do you not see the incrementalisom? Why is it the entire division area a link instead of just the google chrome text. Ask youself that question. Move all the way right and its still a link. Wake up

November 27th, 2009 at 5:15 am
.15
Anothercoilgun

No. I get a house …
No. I get a house to live in with full knowledge that its value WILL decrease, just as a car, as any appliance. You pay to live their not to be paid. This was all planned out to bust thats why cheap and nearly free loans were given to anyone with a hart beet.
Have the same object be paid over and over after full usage is like have prostitutes for years for free. Disgusting not or prostitution but for not ponying up the cash.

November 27th, 2009 at 5:15 am
.16
george4titIe

Reginald now that …
Reginald now that your in Michigan, maybe we can do a collab video together next time I go out to Detroit.

November 27th, 2009 at 5:15 am
.17
nomoresleep870

Hey Reg how is …
Hey Reg how is flint working out for you? Also I think it was a smart idea of you to start another channel dealing with social issues. Silver :cling cling:

November 27th, 2009 at 5:15 am
.18
thereallurker

Are you in Michigan …
Are you in Michigan? Why do you always pick the worst states to get a job?

November 27th, 2009 at 5:15 am
.19
pmarie2003

I was reading my …
I was reading my email on another screen when you started jingling that silver. My ears pricked up and I began to drool like a dog hearing a can opener.

November 27th, 2009 at 5:15 am
.20
Seraca1

Of course you walk …
Of course you walk away from the mortgage and admit that YOU colluded with the Fraud that the property had that much value in the first place!!!
A primary residential house is NOT an “investment” its an expense!!!
the notion that you can take on a $200,000 LIABILITY and derive Value from it is what got these “american Dreamers” into mess in the first place.

November 27th, 2009 at 5:15 am
.21
TheBadGuy1275

Its Sad but the …
Its Sad but the truth right now i am doing this House is worth 125,000 Owe 362,500 banks won’t work with me on a short sale. The house around me were bought by investors flipped Section 8 What a great place to live. I won’t even let my wife go out alone around my house i don’t think it’s safe so sad.

November 27th, 2009 at 5:15 am
.22
mhstz

CaptainT- I …
CaptainT- I accidentally hit the wrong thumb!! I’m really sorry. Hand spaz I guess. I was agreeing with you. My house in Idaho cost me 12K 20 years ago- I paid it off in 5 years, I lived in it for 10. It was an owner carry contract house. I think that’s the only way to go- bypass the banks and give the interest to a person. I have bought 4 homes in my life that way. A paid for shack is thousands of times more valuable then a repo’ed mansion I think. Be it ever so humble….sorry for thumb again

November 27th, 2009 at 5:15 am
.23
bitterclinger70

Thanx for the …
Thanx for the common sense. I’m a little behind my goals and starting to get a little worried. That was a dumb question and bad idea!

November 27th, 2009 at 5:15 am
.24
potterword

i think schiff has …
i think schiff has a vid where the govt will lease 4 a yr to some foreclosed owners @80 cents on the $.i would definitely let it go;max credit cards,etc.That’s the ppl bailout,stimulus,etc.Ppl asap!

November 27th, 2009 at 5:15 am
.25
yostevoak1

Demcad2?

You put …
Demcad2?

You put a lot of thought into that name didn’t you?

November 27th, 2009 at 5:15 am

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