10 Cities Facing a Double Whammy of Default Risks

April 23, 2010 RSS Feed Print
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10. Toledo, Ohio: The housing market in Toledo also faces high unemployment and negative equity. In the fourth quarter of 2009, local unemployment stood at more than 12 percent and roughly 28 percent of homeowners had negative equity. As was the case for Rockford and Detroit, Chen fingered the disappearance of manufacturing jobs and the proliferation of risky mortgages for Toledo's housing headaches.

Tags:
foreclosures,
mortgages,
economy,
real estate,
unemployment

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Remember the savings and loan scandal in Texas way back when? Remember who was behind it? Ummmm....does it begin with a B perhaps. Remember the first bail-outs? ummmm Does that name begin with a B too? ummmm ...remember the last B governor of Florida? ummmm. This entire property crash, bank crash, was just another B FRAUD in a long string of them...PLANNED and EXECUTED by the NEW WORLD ORDER. The C frauds were clear too...Mr. C. himself prepped the way for the B's to make the kill.

If the truth be told. Florida is in much, much worse condition then the media tells us. In fact, I bet the unemployment here is close to 30% for real. Practically every household I know has at least one unemployed breadwinner and all the rest of us are underemployed.

OB continues the B, C fraud and so it goes. We the people are so screwed.

We must vote every incumbant out and start over. They are the problem as are we if we fail to stop them.

Linda Lee of FL 9:42AM May 30, 2010

Please visit www.amazon.com and buy a good book that narrate how to get employed. If you are currently employed, this book shows to earn additional income. It describes 201 earning opportunities.

Please paste the following link to the browser

http://www.amazon.com/Stay-Employed-stop-fear-recession/dp/1451509936/ref=sr_1_4?ie=UTF8&s=books&qid=1271608421&sr=1-4

lloyds 3:49PM May 03, 2010

Go to YouTube, search word: FedEx Inhumane Treatment.

http://www.youtube.com/watch?v=4Ynb...

JC of KY 5:44PM May 02, 2010

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