Hope & Change!
Well, since it’s from George Washington I know it must be true!!!
Almost 1/3rd of Americans between ages 24 and 30 now live with parents or family.
Unemployment is also running high in this age group. A lot of companies have cut back on entry level jobs, and ones that exist are being scooped up by older workers who have been layed off.
So in essence, with a dismal economy, we're becoming more like the third world labor pool we're competing with. Survival mode in the socialist utopia.
... And the grand masters of the coming utopia only give lip service to making things better. In reality their gut tells them that all this suffering can't be let go to waste. They keep it festering so they can more easily make moves to consolidate their control. Their hubris tells them that once they have complete control, everything will fall into place, and they'll be praised to no end for creating the perfect society.
Yeah, right. (Sorry for the rant - just thinking out loud).
I have two projects this year, a cheap older large motorhome equipped to cover all my needs for at least six months totally independent, and the other is finding a good deal on an over the road tractor, I have been a diesel mechanic all my life and I want a three axle Peterbilt and a moving van, I want to blend in as a commercial hauler or has just another race car team.
Just in case I lose my home.
This is hilarious. Probably one-fifth of all Americans who "owned" homes in Q4 2004 were so much in hock with ARMs. liar loans and negative amortization that they were owned, rather than owners.
The rental market is horrible right now. At least in Florida and Charlotte (areas where I own). Unless this changes soon, we are going to see even more foreclosures and their resulting problems because landlords with mortgages, such as myself, are finding it harder and harder to hang on.
And it's time for another met down. The last one was the 3 year meltdown. We're moving into the the 5 year phase now.
Obama’s plan to eventually have all of us taxpayers living in communes is making progress!
April 7, 2010, 4:08 p.m. EDT
Number of U.S. households falls by 1.2 million
Recession forces adult children to stay with parents, more families to double up
By Amy Hoak, MarketWatch
CHICAGO (MarketWatch) — The number of American households dropped by an estimated 1.2 million between 2005 and 2008, even though the population increased by 3.4 million in 80 of the largest metropolitan areas during that time, according to a new study by a professor at the University of Southern California.