Owning items is becoming something of a luxury these days, especially for the younger population. While the parents of the younger crowd out there are sitting pretty in their hard fought paid for homes, the younger crowd are being shut out. Mainly because they just can’t afford the debt burden. This goes for cars as well. The younger crowd just can’t swing the debt as easily as their parents could. It’s becoming a luxury to do so. The few that are lucky enough to do so are either getting big time help from their parents, or they have hit the lottery.
Many adults can no longer afford their homes as well as a car. Just too damn expensive. If they are buying, they are mainly rich overseas investors looking to take what we once had. Many are snatching up all of America’s homes in the wealthier neighborhoods.
Even if younger Americans have well paying jobs they’re not buying. The American dream has been dealt a lousy hand as all of the Bankster cheating and BS has hit our landscape. Because of all of the exposed fraud that American banks have been involved in, causing our economy to crater, homes and cars are taking a back seat.
After all, when you have small business closing their doors at a monumental pace you have to ask yourself, how are you supposed to pay for these items? We have been fed a bunch of Gobble de Gook about how well our economy is picking up and how the housing starts are rising at a record pace.
I tend to differ.
American business closures so far this year: Only 26 days worth…..Not good
February 23 , 2013
- Bell County Day Treatment and Recovery school KY
- Core Systems in Painesville Ohio Closes? , 400 Layoffs
- Abercrombie & Fitch – Plans 40 to 50 Store Closing in 2013
- Damon’s Grill’s Ann Arbor location, at 3150 Boardwalk Dr. near Briarwood Mall MI
- Aleris International, Inc Closing Production Plant in Roxboro by End of May
- Volunteers of America, Dakotas’ Floyd Career Learning Center
- Update: Unity Elementary School in Lagrange GA to Close
- Vie de France Yamazaki, Inc cease production at its frozen bread plant located in Bensenville, Ill
- The Blockbuster Video store in Litiz, Ephrrata
- Nine Dueber’s stores in Minnesota?
February 22 , 2013
- Half Price Books confirmed the Lawrence store KS Closing in Coming Months
- Sears store in Calumet City’s River Oaks Center IL
- Neighborhood Transportation in Lewisville NC
- Bonnie’s Place in Lansing Michigan
- Wappingers Central School District elementary schools NY are Eyed for Possible Closure
- Ethan Allen Design Center in Mill Valley CA
- Caterpillar Inc. is considering closing its distribution facility in central Pennsylvania
- Chiasso in Chicago IL
- Hubbingtons Furniture is closing its Hampton store
- Aspira Charter School, Betty Shabazz Charter School on List of Chicago School Closing
- RBS India Winds down its retail and commercial business in the South Asian nation
- Wausau Paper Corp. says it plans to close its mill in Brainerd, Minn
- Marsh Closing Stores in Columbus, Marion Indiana
- Weiman’s Bakery in Richmond VA
- Canada’s Department of Veteran Affairs office in Windsor ( International )
- Bay Hills Card and Gift Hallmark store in Arnold MD to close at end of the month
- Bahooka Tiki Bar in LA
- Unity Elementary School in LaGrange GA Possible Closure
- Pet Town in Helena MT
February 21 , 2013
- Footsteps of Reston VA
- Spotlight Newspapers End Saratoga and Schenectady County Edition NY
- The Hoppy Dog in Jackson Ward Richmond VA
- Update 1UP, UGO, and Gamespy Sites Closing Down
- 1UP, GameSpy, and UGO May Shut Down
- Sneaky Pete’s in Ardmore PA?
- Trolley Junction Restaurant in Nevada City
- Chisme Mexican-Italian restaurant. IA
- Update: All 5 Old Farmhouse Restaurants in White City, north Medford, south Medford, Phoenix and Ashland
- Archiver’s of Memphis Tenn.
- 2 Planned Parenthood Clinics in Iowa
- Paradise Landing waterpark at the Hilton Milwaukee City Center
- Warehouse Sports outdoor in Spokane and Coeur d’ Alene WA
- Canal Escorts Closed? – Almost 100 Jobs Lost
- Safeguard Properties will shut its Westlake Village CA – 82 Layoffs
- Wilson’s Restaurant in Paso Robles CA
- Kmart at 2100 Wade Hampton Blvd in Greenville SC
- Isabella’s Copper Pot in Plymouth MI
February 20 , 2013
- More than Movies on Dover Road ( BC )
- Sawyer Park on Washington Ave in Houston TX?
- Daikin McQuay in Auburn NY Closing in 2014
- Bahooka in Rosemead CA?
- Army Navy Surplus Market in Downtown Tampa FL
- DAK Americas is considering shutting down its plant in Navassa
- Helix Camera Chicago IL
- Backyard and Veranda, which has locations in Dartmouth and Bedford ( International )
- CiCi’s Pizza across from Westdale Mall will close Sunday, Feb. 24
- Card Party in Wayzata
- Buenas Vidas Youth Ranch CA
- Cheli’s Chili Bar of Dearborn MI
- Silverton Hospital confirmed Closing new catheterization lab last week
- HMV ( UK ) – 37 More UK Stores, 464 Layoffs
- Whitley Products facility located at 1403 Stanley Drive and 1100 Flora Street in Plymouth
- Kmart in Jamestown ND Closing on May 19
- St. Paul Infant Center located in lower level of St. Paul Lutheran Church in Missoula
- Beaches Wings and Grill in Jacksonville FL?
- Dillard’s in the Cache Valley Mall Utah – 55 Jobs Lost
- Showplace Discount Movie Theater in Evansville Indiana
- Blue Ridge Eco Shop in Charlottesville VA
February 19 , 2013
- Sears Ala Moana Location
- Bergmann Pharmacy in Middleton WI
- Lenox Square Grill restaurant at Lenox Square in Buckhead GA
- Blue Wasabi Sushi & Martini Bar in Scottsdale AZ?
- Anthology Book Co in Loveland CO
- Georgio Carriage Gate shopping center FL
- Old Navy Benton Harbor location MI?
- Mudsock Books & Curiosity Shoppe in Fishers Indiana
- Update: Kayex Crystal Growing Technologies plant in Rochester NY
- The Granary restaurant inside the Ella Sharp Museum of Art and History in Jackson MI
- Henderson BASF Plant Services in NE?
- The Ice Zone in Boardman Ohio
- Alaska Communications is closing its Fairbanks customer service center
- Zales Jewelers store inside the Hutchinson Mall
- Bonnie and Clyde Soda Shop in the Stone Soup Emporium in Bristol Indiana
- Portsmouth Upper Crust location NH
- Closing List of Texas Blockbuster Videos
- St. Rose School in Proctor MN
February 18 , 2013
- Planned Parenthood Closing 4 Wisconsin Clinics
- Blockbuster Closing all Iowa Stores
- 3 KFC in Columbia County GA
- Eby-Brown Plans to Close Marley Neck Plant – up to 200 Layoffs
- Conotton Valley Union Local Schools District is considering closing 1 Elementary School
- Maroon Bells of Colorado Chocolate Shop in Brookfield WI
- Whyevernot on West Main Street in Mystic CT
- Fratelli’s Authentic Italian Cuisine Restaurant TX
- Ray’s Hell-Burger in Arlington Va.
- E.J. Salentine Buick in Muskego WI
February 17 , 2013
- Emerald Forest Products in Emmett Idaho
- Liberty Lanes in Liberty NY
- Pfizer Closing Covx Research Unit in San Diego CA
- Niedringhaus Elementary in Granite City IL
- Formal Elegance in Columbus GA
February 16 , 2013
- The Ames True Temper manufacturing plant union city PA
- Kayex Corp. to Close North Chili Plant
- Crystal’s Pizza & Spaghetti in Irving TX
- California State Automobile Assoc. office inside the Lucky supermarket at 1000 El Cerrito Plaza CA
- Hooters Mowry Avenue location in Fremont CA?
- J.C. Harris Co. in West Palm Beach FL
- Hodges Jewel Box in South Boston Va
- Nicholas Hoare book store in Toronto
- Mayo Clinic Healthy Living store at the Mall of America
February 15 , 2013
- Saks Fifth Avenue store located in Stamford Town Center in Stamford, Connecticut in Early 2014
- Spokane Public Health Clinic Washington
- iCare Interactive Childcare Sioux Falls
- St. Tammany News will cease publication of The News Banner and the Slidell Sentry News on Feb. 27
February 14 , 2013
- Holy Grounds Coffee Shop in Farmington MO
- The Freshii on Light Street downtown Baltimore, Other Location Still Open
- Piccadilly’s Westside cafeteria in Jacksonville FL
- All 60 Sport Mart Stores Closing by end of March ( International )
- Jim’s Campus Camera in downtown San Luis Obispo CA
- Stadtmuller Jewelers in Sayville NY
- Music Forte in Galva IL
- The Rite Aid on north Maple Avenue Zanesville Ohio?
- 129 Chicago Public Schools to be Considered for Closing
February 13 , 2013
- The Rug Importer store in Paramus NJ Closing this Weekend
- Donegan’s Do-it-Best, 13 E. Main St., in Mount Morris IL
- Henco Furniture in Selmer TN?
- 17th Street Market in Tuscan AZ
- Edward Jones Mortgage Closing in St Louis Minn. – 200+ Jobs Affected
- ITT Exelis in West Springfield MA – 200 Layoffs on June 28th
- The Refectory in Portland OR
- Viracon Closing its St George Plant for 2 Years – 222 Face Unemployment
- HSBC Card Services to Close Chesapeake VA Call Center – 164 Jobs Lost
- Life of the Party Store in Fort Collins
- It’s a Dog’s World in Ditmas Park NY
- Blockbuster Video in Buffalo Grove IL
- Babycakes NYC will be closing its doors in DTLA
February 12 , 2013
- The Mygofer store in Joliet IL
- Nice Price Books are closing their Carrboro NC store in March
- The Hallmark store in the Fingerlakes Mall – Trying to Stay Open
- Rainforest Cafe in Westfarms CT?
- Pathmark in East Meadow NY
- Rockit Music in Brea CA?
- Missouri Mercantile in Hazelwood MO
- Lutheran Social Services says it will close seven facilities in Eau Claire WI
- Oberdorfer LLC will close its aluminum casting foundry in DeWitt NY
- The Inn at Harvard College
- Gargiulo Inc. will close their Somis farm and packing operations by April 1
February 11 , 2013
- Portola Packaging Inc Closing 1 Plant in Batavia IL, Expanding 2 others
- Epic Games is shuttering its Baltimore-based studio
- A Woman’s Choice clinic on Pomona Drive in Greensboro NC
- Gene Allen’s Gifts in Arlington on Park Row Drive
- Jonathan’s Best in Chestnut Hill PA
- Kmart in Depew NY
- Kettering Corner in Annville PA
- Gio’s Club and Bar in Winnipeg ( International )
February 10 , 2013
- Advanced Monolythic Ceramics will be closing its Olean plant in August – 65 Layoffs
- Christiano’s Hardware store in Leicester NY
- Circle II Restaurant in Elizabeth City NC
February 9 , 2013
- Lambert’s Swap Shop AR
- Emmerson Furniture Company in Canon City CO?
- The Store at Five Corners in South Williamstown MA
- The historic swimming pool at the DeKoven Center, 600 21st St WI
- Thomas’ Trackside Station and Railroad Books & Videos in the Shops of Traintown Strasburg PA
- Pardzee’s Restaurant on Manlius Center Road in East Syracuse NY
- Sonny’s Rocks in Denver
- Citizens First National Bank branch at Flindt and Richland Drives IA?
- Guitar Emporium
- Books-A-Million will close its Cotswold Village store NC
- Newman Bookstore at the Hecker Center for Ministry in Washington
February 8 , 2013
- Blockbuster Video store in Edina MN
- Shoney’s location along MacCorkle Avenue in St. Albans W. VA
- Sam’s Food City 3 Ca Locations in Modesto, Turlock, and Livingston
- The Chillicothe Blockbuster store on Western Avenue
- Aardvark Video in Macclenny FL
- Our Lady of the Assumption School in Atco
- Sister René Dental Center located at 17 Seneca St. in Hornell NY
- The Shadow Room in Middletown CT
February 7 , 2013
- Porter’s Camera Store in Cedar Falls IA
- ZO Home Store in North Bend WA
- AVAC Store in Myrtle Beach SC
- Kmart in Lancaster
- GM Confirms Closing Flint East Plant Michigan in Nov
- Easter Seals Closing Office in Franklin County PA
- Cassa-daga Elementary School NY – Possible Closure
- The Harley Davidson store in Duluth’s Canal Park Minn?
- Cedarhurst’s Sabra Pizza NY
- The Hustler Hollywood store in Clintonville Ohio
- G. Whiz Store in Barrington IL
- The Save-A-Lot store at 10047 Gravois Rd. in Affton MO
- Let’s Talk Cellular stores in Cody, Powell and Thermopolis WY
February 6 , 2013
- SunChemical Performance Pigments in Wurtland
- The Downtown Club in Downtown Fresno
- Jewel will be closing three stores in the Chicago area
- Home Eco Store in St Louis MO
- The Long-Term Care Facility at the Knox County Hospital KY
- 3 Alleghany County Elementary Schools VA Face Closure
- Duke Energy Closing its Crystal River Nuclear Plant
- StarTek Closing Cornwall Operations ( International )
February 5 , 2013
- Confetti Cafe in Bethlehem PA
- ALCO store in Dodge City KS
- Altoona Hooters PA
- Nestaway in Beaver Dam KY
- Gameloft’s Hyderabad studio ( International ) Shut Down? – 250 Jobs Lost?
- Concord Hand Designs in Concord MA Confirms Closing
February 4 , 2013
- 16 The Department of Employment and Workforce in SC
- Update: The Annandale Blockbuster Video store VA
- Nights Uniform Company in Beaumont Texas
- The Deep Ellum gallery Kettle Art in Texas
- First Lutheran Church of Carson School in Carson, California
- The Gap and GapKids stores at Westfield Franklin Park
- HMV ( International ) – up to 100 Stores
February 3 , 2013
- Duke Closing Coal Fired Power Plants in Riverbend and Buck Plants NC
- Update: Cafe Polonia in Downtown Salem MA
February 2 , 2013
- The J.R. Simplot Co. will close its Heyburn distribution center
- Erday’s men’s clothing store in Geneva IL
- Detroit closing 50 Parks/Rec. Areas – Click For Locations
- Children’s Hospital & Research Center Oakland is closing its small Cytogenetics Laboratory
- DeVry Institute of Technology Closing Calgary Campus ( International )
- Chocolate Peacock is closing its store at 2947 S. 108th St. in Omaha NE – Going Online Only
- Hodges Jewel Box in South Boston VA
- Our Paper Place Closing Newark CA Store
- Update: Valley Furniture in Watchung NJ
- Renton Western Wear WA
February 1 , 2013
- The Garbarino tobacco shop on Waverly Street in Framingham MA
- AmerisourceBergen Closing Pharmaceutical Distribution Site in Thorofare??
- Video Villager in Rock Falls and Sterling Illinois
- Richards and Rochelle Men’s Store, 17 N. Main St. in Uptown Butte
- The Fremont Theatre CA
- AZZ Galvanizing in Benwood W. VA – 20+ Job Lost
- Impressions Plus Printing and Copying in Winchester VA
January 31 , 2013
- Little Colony Kids in Homewood IL
- Southern Estates Books and Antiques in Riverwalk Landing
- Bridgeway Center’s Crisis Stabilization Unit
- Black Market Store in Anchorage Alaska
- Best Buy (Canada ) – 15 Stores, 900 Workers
- Goodyear Tire & Rubber Co Closing its Main French Plant and Cuts 39% of French Workforce
- Bounce U in North Sarasota FL
- Patches, Etc. in St Charles MO
- Top`ings Yogurt in Anderson CA
- Rain or Shine Garden Supply Store Oregon
- Meier’s House of Clocks in Tacoma Wa.
- Associated Food Stores Closing 2 Distribution Warehouses in Billings and Helena MT
- Coca-Cola Refreshments Inc. will close its Sheboygan production facility – 40 Jobs Lost
January 30 , 2013
- Update: Estee Lauder to Shut Down Oakland NJ Plant, Moving to Long Island or PA
- Neighborhood Transportation in Lewisville NC
- Haverty’s Closing Jackson Store in Mississippi
- Peschell’s Bakery in West Haven Conn.
- Eaton Manufacturing Closing in Decatur Ala. – 63 Jobs Lost
- The Cask & Cork Bistro Pourhouse in Fresno
- Cobham Closing 2 Baltimore MD Locations – 138 Jobs Lost
January 29 , 2013
- Hooters Restaurant Location in Roanoke VA
- Flextronics plans to shut down its plant in Creedmoor – 157 Jobs Lost
- Saks Fifth Avenue store located in Galleria Dallas in Dallas, Texas
- Nashua Motor Express, Inc Nashua NH
- Walt Disney Co. is closing Junction Point Studios Texas
- Olympia Sports in Consumer Square NY?
- Closure Systems International Packaging Machinery Inc. in Randolph NY?
- Haines Music Store in Selinsgrove PA
- The Hess refinery in the Port Reading section of Woodbridge – 170 Layoffs
- Krispy Kreme at 720 N. Glenstone Ave in Springfield MO
- J&S Market at 1555 Warrenton Road in Fredericksburg VA
Do not believe the BS you are hearing on the idiot boxes people. Obviously, as proved above, owning a home or car is becoming impossible.
Oh yea, go out and take out a mortage and make your down payment to the bank,then loose your job, then your house, and you are even out of that big down payment ya gave to the bank. NIIIIIIICE EH – FOR THE BANKS THAT IS!!!!!!
foreigners such as Chinese are buying all of our real estate and renting it back to us. Slavery.
I can only speak from where I live near NYC but around here the kids drive mommy or daddies car being a BMW lexus lincoln navigator etc. no economy cars for the little darlings. I quit school worked 2 jobs and at 17 had a 2 year old car paid for.
Yep, I can relate to that u. Quiting school and going to work that is. If I didn`t have the cash I didn`t buy it.
Comrades this is the fundamental transformation where everyone suffers equally in the rainbow utopia. The hive mind has spoken and wants the glorious collective. Your house you payed for is too big we must redistribute some rooms for the good of everyone. Forward!
If the American People ever allow private banks to control the issue of their money, first by inflation and then by deflation, the banks and corporations that will grow up around (the banks), will deprive the people of their property until their children will wake up homeless on the continent their fathers conquered . . .
–Thomas Jefferson
Imagine if all the “Bail out” money went to “the people” instead of to those that caused the problem in the first place ! Currently the Fed is printing $85 BILLION a month and giving it to their friends ! And they said if that doesn’t fix things they are willing to double it ! $85 Billion a month is $285 for every man,women and child in the country per month ! Say $1140 a month for a family of 4 …”And they said if that doesn’t fix things they are willing to double it !”
Would that help you ?
Damned right it would help a little bit but money is stil just token bits of exchange to buy off somebody. We should all get back to the barter system to keep us all honest.
Sorry, digger, but he meant that in a sarcastic, facetious way.
What he is saying is that if they printed twice as much money, they would STILL be giving it all to their bankster buddies, so how would THAT help you.
Aw man #1 that wouldn`t help me a damned bit – especially when I believe in the bartering system as much as possible. I was always told that I should loosen up and quit takeing things so damned literaly. Yea #1 I am one of those that is overly serious without hardly any sence of humor. And that has always been my downfall ya know….. P.S. Anyway #1 thanks for letting me be aware of that, Ya know I don`t look at things that way and sometimes people – like yourself #1 has to let me know, if you know what I mean .
With all that I know about the world today, digger, if I didn’t have my sense of humor to keep things in perspective, I’d be a raving lunatic by now. LOL
(not that I don’t occasionally sound like one in some of my comments)
Ten years ago I gave up my car and have not regretted it one blinkin’ iota. I think of all the money I used to spend on that thing. Walking and transit are the way to go. And I do not own a house anymore either. Oh, and I am enjoying my retirement. So wake up; if you can get around without a vehicle, good luck to you.
Even though I don’t have a mortgage, I don’t own my house. I know who the real “owner” is every time I get a property tax bill.
no comp you are right I have no mortgage and pay 700 a month in property taxes. they are the worst tax there could be and whoever thought of it should be hung