Saturday, April 19th, 2014

Real Estate

The Puente Hills Fault Threatens to Devastate Downtown LA

Sunday, March 30th, 2014

Several water mains broke, and a rock slide in Carbon Canyon caused a car to overturn, leaving those inside with minor injuries.

Nationwide Home Sales Collapse: There Is No Recovery and This Chart Proves It

Thursday, March 20th, 2014

The following chart is indicative of some serious fundamental problems, not just with the housing market, but the broader economy as a whole.

Russia Has Invaded Crimea To Protect It’s Interests In The Black Sea: Just Like it Did Last Time

Sunday, March 9th, 2014

The Russian Naval Base at Sevastopol is only leased to Russia by the Ukraine, an agreement that was due to end in 2017. It was hastily updated just before the unrest to allow a Russian presence until 2042, something the anti-Russian interim government vowed to overturn.

You Can Buy A House For One Dollar Or Less In Economically Depressed Cities All Over America

Monday, February 3rd, 2014

Now homes that once housed thriving middle class families cannot even be given away. This is happening all over America, and what we are witnessing right now is only just the beginning.

17 California Towns Will Run Out of Water in the Next 60 to 120 days

Wednesday, January 29th, 2014

State officials in California have said that 17 communities will be out of water within the next two to four months.

Retired Air Force Colonel With Three Graduate Degrees Is Homeless And Sleeps In A Van

Tuesday, January 7th, 2014

Our “leaders” are not going to rescue us from what is coming. That is why it is imperative to get prepared for the coming storm while you still can.

Study Reveals Concerns About Future Global Crop Yield Projections

Saturday, December 21st, 2013

About 30 percent of the major global cereal crops – rice, wheat and corn – may have reached their maximum possible yields in farmers’ fields, according to the University of Nebraska.-Lincoln.

Camden, New Jersey: One Of Hundreds Of U.S. Cities That Are Turning Into Rotting, Decaying Hellholes

Monday, December 16th, 2013

All over America, formerly prosperous communities are being transformed into crime-infested wastelands of poverty and despair.

New Amnesty International, Human Rights Watch reports slam U.S. drone strikes in Pakistan and Yemen

Tuesday, October 22nd, 2013

New reports published by Amnesty International and Human Rights Watch sharply criticize the U.S. drone program in Pakistan and Yemen, calling into question the legality of the program and even raising the possibility of U.S. war crimes.

Major Earthquake Would Collapse Over a Thousand Buildings in Los Angeles

Tuesday, October 15th, 2013

Although they have known about the danger for more than four decades officials have failed to ensure that the owners make the buildings safe.

Americans in five states want to secede

Monday, October 14th, 2013

Across America, separatist and secessionist movements are now fomenting in at least three states.

Prepare For Tough Times If Your Job Has Anything To Do With Real Estate Or Mortgages

Thursday, September 12th, 2013

Interest rates are starting to rise dramatically, and mortgage lenders such as Bank of America, Wells Fargo and JPMorgan Chase are all cutting thousands of mortgage-related jobs.

California’s Rim Fire Is The Size Of Chicago

Tuesday, August 27th, 2013

“This fire has continued to pose every challenge that there can be on a fire,” said Daniel Berlant of the California Department of Forestry and Fire Protection.

Security in the Suburbs

Saturday, August 3rd, 2013

If you live in suburbia, security starts from the inside out. Your home should be a fortress, although not so blatantly that it catches the attention of casual passers-by, making them wonder, “What’s in there?” Some simple updates can harden your domicile against intruders.

Hiding Economic Depression With Spin

Friday, August 2nd, 2013

Time is running out for the US economy and the American people. The financial press and economic commentators, with few exceptions, do a good job of keeping this fact from the public.

Why Another Great Real Estate Crash Is Coming

Friday, August 2nd, 2013

Richmond is the first city in the country to take the controversial step of threatening to use eminent domain, the power to take private property for public use. But other cities have also explored the idea.

When Bad Government Policy Leads to Bad Results, the Government Manipulates the Data … Instead of Changing Policy

Wednesday, July 31st, 2013

We’ve known for a long time that the Bureau of Labor Statistics fudges the numbers to make unemployment look lower than it is really is. BLS itself has admitted that its “adjustments” skew unemployment data during recessions.

Why Are The Chinese Gobbling Up Real Estate And Businesses In Detroit?

Wednesday, July 31st, 2013

Detroit is a dying, bankrupt city. There does not seem to be much hope of a turnaround for Detroit any time soon. So why are the Chinese gobbling up so much real estate and so many businesses in Detroit?

Geothermal Power Facility Induces Earthquakes In California

Friday, July 12th, 2013

An analysis of earthquakes in the area around the Salton Sea Geothermal Field in southern California has found a strong correlation between seismic activity and operations for production of geothermal power, which involve pumping water into and out of an underground reservoir.

Will North Colorado Be The 51st State In The Union?

Friday, July 12th, 2013

There are ten counties in northern Colorado that are discussing plans to secede from the state of Colorado in order to form a new state that would be known as “North Colorado”

Exxon Tar Sands Spill Continues to Devastate Arkansas Community

Tuesday, April 2nd, 2013

Though the exact amount of spilled oil remains unknown, as the National Wildlife Federation writes, “just as we saw in the early days of BP’s Gulf oil disaster, the number is growing exponentially each day.”

Detroit Gets New Emergency Financial Manager

Friday, March 15th, 2013

The birthplace of Motown music and a once-prosperous auto manufacturing centre that exemplified American progress, Detroit is now the largest US city to have its finances placed under state control.

Racial Discrimination by Banks Is Worsening the Foreclosure Crisis

Sunday, April 15th, 2012

As Americans struggle together toward a lasting economic recovery, good neighbors are more important than ever. It’s time to remind America’s banks that this includes them.

30 Reasons to Get Out of Real Estate

Friday, January 20th, 2012

Real estate is much more a paper asset than it is a tangible asset, and it will suffer tremendously during a real dollar collapse.

Making Payments Doesn’t Guarantee You Won’t Be Foreclosed On

Tuesday, December 21st, 2010

The Real News and guest Yves Smith of Naked Capitalism discuss the inner workings of the mortgage servicing industry – including how loans are created, transferred, serviced and foreclosed upon. Yves points out that mortgage services actually profit, not lose money, in the event a borrower is unable to make payments.

Wall Street: It Wasn’t Us, It’s the Homeowners Fault

Sunday, October 17th, 2010

While banks make a strong point about home buyers holding up their end of the deal because of contractual obligations to which they agreed, it seems that both parties involved have failed to uphold the law. The banks have failed to follow guidelines set forth in how mortgages should be transferred, as well as procedural and legal due process during the eviction process.

Evicted Family Forcefully Reclaims Their Home

Thursday, October 14th, 2010

There is an obvious problem with regard to the mortgage industry in America when a family that purchases a home for an original price $500,000 ends up owing $880,000 before being evicted. Then, taking advice from their personal attorney, the family finds it justifiable to repatriate their home after it had already been bought and sold twice, and all the while local police look on without taking any action.

Foreclosure Fraud: 6 Things You Need To Know About The Crisis That Could Potentially Rip The U.S. Economy To Shreds

Thursday, October 14th, 2010

The foreclosure fraud crisis seems to escalate with each passing now. The truth is that it would be hard to understate the amount of fraud that has gone on in the U.S. mortgage industry, and we are watching events unfold that could potentially rip the U.S. economy to shreds.

10,000 Line Up To Avoid Foreclosure, Line Half Mile Long

Saturday, October 9th, 2010

They came by the thousands, transforming normally festive Cal Expo into a venue emblematic of California’s nightmarish housing meltdown. The Save The Dream program is for the employed and unemployed. Employed people should bring a pay stub from the past 30 days; self-employed people should bring the past six months of bank statements. Attendees also are encouraged to bring mortgage, property tax and insurance statements.

Texas Home Sales Collapse, Down 22%

Saturday, August 21st, 2010

Mike Shedlock says “Be prepared for a reported collapse in home sales and for economists everywhere to be surprised by it.”

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