People Begin Living Without Electricity and Water in California
- Thread starter hippie
- Start date
You've touched on the structural underpinnings of this fraudulent economy, no matter what the propoganda machine would like to sweep underneath the rug.
The middle class, the small business owners, the recent college grads, the senior citizens on fixed incomes are just some of the victims of ZIRP gone wild. The fact of the matter is that once mainstream America saw that the guy next door was doing the whole "legal squatting" routine of stopping payments on their mortgage and just saying "f you, come get me", it went viral and now, even seemingly well adjusted, lawful citizens will or currently are joining in.
Just what do these central planners expect when wages are trending downward (outside the public sector of course), housing values are stagnant to lower, property taxes are up, food prices are up, insurance costs are up, etc, etc...
So when given the option of a). Pay an obscene mortgage based on bubble housing valuations or b). Gas up the car and feed the family, it's something of a no-brainer what wins out.
And that is why this is a generational event, the housing market can be painted with pig lipstick, but beneath the surface it will continue to be a different picture. At some point, when these municipalities declare all out war on the homeowner, people will rue the day they were stuck in their McMansion with the banks and taxing agencies holding them hostage for their monthly and annual "cut".
Everyone knows when they cut your juice off they just place insulators on your meter. They don't do meter readings until the account is reactivated. The squatter just pops the meter out, remove the insulators and pops it back in... They live better than moles. Same with cable TV albeit basic. Piggy back on a neighbors WIFI router. Put their garbage in their neighbors can.
Life is good and the price is right.
Life is good and the price is right.
Quote from Scataphagos:
Americans like to believe they are "entitled to live moderately richly, even if it's at someone else's expense"....not merely "live comfortably" on the dole.
Make a few babies and you can live well on dole, the more children the bigger your house and your welfare check will be. Otherwise, the streets may be your lot if you cannot find work.