Foreclosure Results In Suicide
1,013 ViewsThis article is very important for the reasons I’ll state below: Lengthy SWAT standoff ends with suicide by chemist.
A lot of people have argued that in a severe economic collapse, the banks won’t force foreclosure on the tens of thousands, probably millions of bankrupt “owners”. This case proves exactly the opposite and supports the position I have always taken. They WILL come after you and your home and they will forcibly remove you from it. If you die in the process, well, hey, you were squatting, right?
Whether or not you choose to end your life as a result of something like this is up to you. I’d have tried a different tactic myself, but hey, that’s me. Like some others have said here, I’d take a few of the bastards with me. Oops, that’s a thought crime…
Debt CAN get you killed, or at least harassed enough to the point where you will wish you were dead… If you’ve got something “owned” by someone else, then you’ll need to clear this debt ASAP with our ever more worthless “dollars”, or they’ll come after it sooner or later. Don’t think they won’t, this case demonstrates this fact.
As a side note, I wonder how many of those burned California homes were in foreclosure?









October 26th, 2007 at 4:50 pm
Well, corporations have been given rights so this is what you get. This is a ‘must read’: “When Corporations Ruled the World”?
The system mankind is burdened with was spawned by the success of nations with the capitalistic paradigm. Ever since the English had the their East Indies Tea Company (it’s abuses could be the poster child). But I wouldn’t necessarily lay the blame at the mercantile class of the Renaisance. Hmmmm, maybe so since that is when the banking system started.
And like the dinasours (as alluded to by the books title), the sooner it goes extinct, the safer humankind will be.
October 27th, 2007 at 4:44 pm
Heck, I’m beginning to get the bills from my surgery - what my ‘health insurance’ is saying they won’t pay. So far, of the bill for the surgeon of $4400, my insurance is willing to pay $495. I’m still waiting for the hospital, pathologist, anesthesiologist, etc. to bill me.
Looks like I get to play “let’s fight with the insurance corporation starting Monday.
Fern
October 27th, 2007 at 4:59 pm
Foreclosers are already in the tens of thousands. In the month of september there were 23093 in California alone. California by far has the worst statistics being up 300 percent over last year.
November 1st, 2007 at 10:22 am
In the third quarter of 2007 there have been over 446,000 in the U.S. Up 30% and getting worse. It is expected to bottom out in 2009 if other economic factors don’t come into play. So all we have to do is prop up the dollar,end global warming to increase food production,implement alternative energy,end the war, pay off a 10 trillion dollar deficet (How many 0’s are in 10 trillion?) by 2009 and we’ll be fine.
November 1st, 2007 at 10:53 am
That 10 trillion merely represents the US government’s “acknowledged” portion. Actual US governmental liability exceeds $60 trillion (http://www.usatoday.com/printedition/news/20070529/1a_lede29.art.htm).