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>>Exactly what to do know is a really a tough choice. I guess I’ll have to figure out at what point I’ll lose the house anyway, and stop paying the mortgage and save up the cash six months from that...

I’m not going to wait until my savings accounts and cash are all zero to move - I figure it is best to go on a job-hunting vacation to some of these other wonderful states and just abandon the house and leave with some cash in my pocket and what I can carry in the two vehicles...<<

That is exactly where we are at.
Couple it with a husband who is flat out delusional about all of this. He told me last summer when I started saying, “If Obama is elected you will be out of a job, let’s make some plans” than I was a “downer”. Oh Great.

His boss is telling him not to worry for a year. By that time, the state will have fallen. Personally, I’m stocking away as much money as I can. We’re doing Christmas but slimming on food. And Christmas is pretty lean too.

I have no problem with working at McDonalds or Walmart. When we board up the house and bring in the AC so it isn’t stolen, I pray that someday we can sell it for SOMETHING. I don’t even need to make the money back that we paid, but everything being gone is tough. We’ll do it, we’ll make it, but I don’t want to hear from FReepers that it’s my fault for voting Dem (I didn’t) and Oh well if your life sucks (as they sit in a much better situation). All I’m looking for is silence from those who are totally uninformed.

We in MI are from good stock. Most of us (all the MI FReepers for sure) are hard workers and dedicated people. We’ll make it. One or two, “My heart goes out to you” posts would go a long way.

I’ve had a couple FReepers offer my hubby a job. I can’t tell you how nice it was, even if it didn’t pan out. I am eternally grateful for that few moments of, we’re going to move. It was heartwarming.

A friend of my sister and bro-in-law worked at the GM Tech Center for a company that contracted with them. He lost his job about 2 years ago I guess and has worked a couple small jobs here and there. Then he found work in North Carolina in his field so he went down there and left the family here. The job finally ended so he came home. Then recently they contacted him again and offered him a permanent job. He had to turn it down because it wouldn't have been financially feasible for him to move back down there and live while leaving his family here and there is no way he could sell his house here and buy down there. Plus, there wasn't any guarantee that the job would last last for any substantial lengeth of time.

It would be terrible to sell the house here at a huge loss, move down there and buy a house then lose the job again and be stuck down south. Wayne is 62 or 63 years old........

His boss is telling him not to worry for a year.

That's good news to hear, that you have at least a year to prepare.By that time, the state will have fallen.

In a year we'll certainly know how the auto industry GM-Ford-Chrysler is doing. And how the rest of the Michigan economy is doing.

Personally, I’m stocking away as much money as I can. We’re doing Christmas but slimming on food. And Christmas is pretty lean too.

Sounds like a good idea to go to a "cash basis" (no credit or very minimal credit paid off every month) and to save as much cash as possible.

Also I could never understand this going all out for Christmas with the "must get" gifts. I think a lot of that is going to be coming to an end starting with this Christmas season.