Real Estate Downfall

by Dave on October 31, 2009

The Housing Bubble bursts on a speculator. Parody using a clip with Hitler as the real estate investor. He bought a house to flip, faces foreclosure, and now wants to get bailed out. Parody Fair Use of clip. See: www.publaw.com/parody.html

Tagged as: bailout, bubble, credit, downfall, estate, Foreclosure, hitler, Housing, mortgage, parody, real, satire, subprime

{ 25 comments… read them below or add one }

Anonymous 10.31.09 at 4:00 am: wdf?
Anonymous 10.31.09 at 4:00 am: This will reduce demand worldwide to an extreme for the dollar, and also flood the market dollars that are currently held in reserve all around the world. So when the govt makes programs like this where they will absorb billions and billions of dollars of bad debt, that just increase the deficit and weakens the dollar all the more.
Anonymous 10.31.09 at 4:00 am: This administration has not done anything whatsoever to improve the health of the economy. The only jobs theyve created are from increased debt (govt. money) and not from market forces. Its fine if the economy can show better numbers but not if its the result of increased deficits. Thats like only looking at assets and ignoring liabilities. Well, the liabilities are going to bite us big time and real soon.
Anonymous 10.31.09 at 4:00 am: “I was just following orders”…

Hahahaha!!!
Anonymous 10.31.09 at 4:00 am: The Camaro SS part is hilarious.
Anonymous 10.31.09 at 4:00 am: It would have been funny if at 3:36, he said something like “At least the rest of my portfolio is in the hands of Madoff Investments…guaranteed 10% gains regardless of market conditions are pretty sweet. There’s one Jew it’s good I didn’t get rid of, right, guys?”
Anonymous 10.31.09 at 4:00 am: walleyrt69 …aaww Walley, me feel sorry for ya.

Well, yes and no, the most of the Chinese that buy property in Australia seem ok, from what I have seen, very good workers.

In Australia we have people from all over the world buying property here, weathly people from Europeans, UK, North America, China, Japan, India.
So there causing prices to rise as well.
Anonymous 10.31.09 at 4:00 am: I used to build em,now i drive truck!lol,miserable life.Itll never be the same.Your wish is coming true.Probably mostly Chinese moving to Australia. tobad for you all!
Anonymous 10.31.09 at 4:00 am: Only if I could, I do wanna see these greedy families with 2-5-10 houses to go under!
Anonymous 10.31.09 at 4:00 am: I’m laughing my head off.
Anonymous 10.31.09 at 4:00 am: Get a pin and pop it!
Anonymous 10.31.09 at 4:00 am: In Australia, right now we are having the opposite problem.
Nationwide, property prices are 60% over priced and rising dramatically.

I want the bubble to burst, and I don’t care who it hurts.
Anonymous 10.31.09 at 4:00 am: this video sucks :@
Anonymous 10.31.09 at 4:00 am: I saw this - and lost - in the early 90’s, so THIS time, I saw it coming from a loong way off. ANYTHING that goes up that fast comes down HARD - but I didn’t expect it to take the global economy with it!

Gold’s hit $1042 today! I read Schiff’s book and went out and bought the crap out of gold at $800-$900’s.

And I never did the ‘I have to get married and make babies’ routine, so I’m free to surf, tennis, travel, live, move….have fun and meet hot chicks!

“WooHoo”; Homer Simpson
Anonymous 10.31.09 at 4:00 am: If it wasnt beyond most people’s means I think they’d leave too.
Anonymous 10.31.09 at 4:00 am: “set up” means I am set up to go live in another country…. But it’s getting rather interesting watching what’s happening here…. I may just stick around awhile to watch.
Anonymous 10.31.09 at 4:00 am: I hate how libertarians and fiscal conservatives hijacked this crisis to stump for their political and economic theories. First of all this crisis could have been prevented by regulation requiring downpayment of 15-20% for mortgages. Regulation is about as anti-libertarian as you can get. Second is people wanting to make fast money with no work. If by “set up” you mean commodity markets look at how your parents made money. They did not look at a graph on a computer hoping it goes up or down.
Anonymous 10.31.09 at 4:00 am: so funny, great idea.
Anonymous 10.31.09 at 4:00 am: This is a good one. Nice job jamospam.
Anonymous 10.31.09 at 4:00 am: This will go down as a classic, because it’s taking on more and more relevance as the economy gets worse and worse - despite what the Gov’ wants us to believe.

Some lawyer comments that Schiff is a “sky is falling” kind of guy, but actually, I think Peter holds back a tad, many times, and never says “I told ya’ so…”, even when he SHOULD. Maybe these other idiots would get a clue

I am actually set up in another country, but this is getting so good, I may stick around JUST to watch the show!!!
Anonymous 10.31.09 at 4:00 am: boring
Anonymous 10.31.09 at 4:00 am: i agree this is the best so far, and ive watched a lot of good ones
Anonymous 10.31.09 at 4:00 am: How’s my 401k?

Damn that cracked me up
Anonymous 10.31.09 at 4:00 am: I like how the person who made this video used the term “Camaro SS” when Hitler was talking about how the SS lied to him, that was perfect, probably the only parody where someone tried to play on that term.
Anonymous 10.31.09 at 4:00 am: Yes, the bank can come after you for the difference. However, some states are non-recourse states. Arizona, for example.

Real Estate Downfall

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