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Economy Down, Business Up for Repo Man
PlusEconomy Down, Business Up for Repo ManEconomy Down, Business Up for Repo ManThe Associated PressIn a bad economy, fun is often the first casualty. Those dreaded repo men have been busy reclaiming yachts, boats and small planes from those who fell behind on their payments. (July 15)(Notes: Opens with NAT sound of water, video of captain) WHAT DOES JAMES HEDRICK DO FOR A LIVING? ASK HIS WIFE. SOT CAPT. JAMES HEDRICK: "My wife calls me captain repo." (Notes: Dateline: Ft. Lauderdale) HIS CREW IS SMALL...JUST TWO PEOPLE. HE SAILS THE WATERS OF SOUTH FLORIDA TO BOARD AND TAKE POSSESSION OF BOATS WHOSE OWNERS CAN'T MAKE THE PAYMENTS. SOT Capt. James Hedrick: "There are a number of people who inappropriately took advantage of marginal loans, in that they were marginally able to pay them back, and then a little bit of a hiccup, a little bit of a raise in cost of living and they could no longer afford." THE OWNERS HAD TO MAKE A CHOICE. BOATS ARE LUXURIES -- WHILE THEY HANG ON TO THEIR HOMES AND CARS, THE BOATS ARE BEING LET GO. SOT HEDRICK: "It's all different kinds of people from different walks of life. If they are pretty desperate financially, many boats will be stripped of engines...whatever they can sell for cash." THIS 63-FOOTER WAS IN MINT CONDITION. THE MORTGAGE? $11,500 A MONTH. THE OWNER WAS $35,000 IN THE HOLE.IN A TIGHT ECONOMY, BUSINESS AT THE NATION'S LARGEST BOAT REPOSSESSION COMPANY IS BOOMING. SOT HEDRICK: "In August of last year they repoed about 150-160 boats in one month and they thought 'this is amazing' because they were usually 100 or less. It started ramping up last summer and they thought, 'wow, where does it go now.' Well the last 3 months have averaged 250 boats a month." REPOSSESSED BOATS ARE AUCTIONED ONLINE FOR NEARLY HALF OF THEIR ORIGINAL COST. (will try to shoot site showing auction...)___ ___, The Associated Press.
Length: 108
Rating: 5.00 (4 ratings)
Tags: repo boom economy down business up
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Brazil's booming economy - 09 Jul 08
As the G8 looks to address the world's economic woes, Brazil is one country they may not have to worry so much about. Al Jazeera's Lucia Newman reports from the industrial hub of Sao Jose dos Campos, on the Brazilian economic boom.
Length: 171
Rating: 4.80 (12 ratings)
Tags: G8 Brazil economic boom Al Jazeera English Lucia Newman
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You Think NAFTA, CAFTA & the Economy is Bad Now? Wait...
Please Watch Video Responses For More Information.
Bush signs up for North American Union without vote or consulting congress and against all
recommendations of congress.
http://www.youtube.com/watch?v=ad-sLCjIyN8
http://www.youtube.com/watch?v=7d1k0d51Q-Q
http://www.youtube.com/watch?v=TBv1Q0WGygw
http://www.nascocorridor.com/naipn/index.html
http://www.nascocorridor.com/pages/logistics/log_chart.html
http://www.nascocorridor.com/pages/federal/federal.htm
http://www.nascocorridor.com/pages/about/about.htm
http://www.nascocorridor.com/pages/logistics/log_chart.html
Length: 444
Rating: 4.80 (1438 ratings)
Tags: bush support troops mccain iran iraq war berkeley marines jones obama clinton china tibet ron paul olympics teen beat
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Our Economy Right Now
http://www.longislandbubble.com
This video is done to the tune of Van Halen's "Right Now". It is about how the housing bubble will push us into a severe recession and probably take the dollar with it.
Are you concerned about the economy? Are you a long island resident, a tranplant or just someone in the mortgage industry with information to share? Join us in my new forum http://forum.longislandbubble.com
*** For those who don't know the lyrics ***
Don't wanna wait 'til tomorrow
Why put it off another day?
One by one, little problems
Build up, and stand in our way. Oh
One step ahead, one step behind it
Now ya gotta run to get even
Make future plans I'll dream about yesterday, hey!
Come on turn, turn this thing around
(Right now) Hey! It's your tomorrow
(Right now) Come on, it's everything
(Right now) Catch your magic moment
Do it right here and now
It means everything
Miss a beat, you lose a rhythm
An nothin' falls into place. No!
Only missed by a fraction
Slipped a little off your pace. Oh!
The more things you get, the more you want
Just trade in one for another
Workin' so hard to make it easy
Whoa, got to turn. Come on, turn this thing around
(Right now) Hey, it's your tomorrow
(Right now) Come on, it's everything
(Right now) catch that magic moment
Do it right here and now
It means everything
Said a lie to me
Right now
What are ya waitin' for? Oh! Yeah!
Right now
(Guitar Solo)
(Right now) Hey! It's your tomorrow
(Right now) Come on, it's everything
(Right now) Catch that magic moment
And do it right, right now (Right now)
Oh, right now!
It's what's happening
Right here and now
Right now, it's right now
Oh!
Tell me, what are ya waitin' for?
Turn this thing around
Length: 308
Rating: 4.80 (279 ratings)
Tags: long island housing bubble recession crash meltdown economy foreclosure Schiff Shiller Roubini Baker
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Ron Paul on Federal Reserve, banking and economy
Excepts of Congressman Ron Paul (R-TX) from the documentary "FIAT EMPIRE - Why the Federal Reserve Violates the U.S. Constitution." Dr. Paul discusses the origins, operations and results of the Federal Reserve System and fiat currency on the U.S. and global economy.
The entire film, Fiat Empire, can be accessed at http://www.FiatEmpire.com or directly at Google Video at http://video.google.com/videoplay?docid=5232639329002339531&hl=en
"This Telly Award-winning documentary on the Federal Reserve System was inspired by the well-known book, "The Creature From Jekyll Island" by G. Edward Griffin, and features presidential candidate, RON PAUL.
To order a high-quality DVD or VHS tape (by mail) with up to 160-minutes of additional interviews, go to http://www.FiatEmpire.com/screener. To get instant downloads in a range of qualities, go to http://www.mecfilms.com/mid/ppv/ppvhome.htm and select from the "Documentaries" menu.
Find out why some feel the Federal Reserve System is a "bunch of organized crooks" and others feel its practices "are in violation of the U.S. Constitution." Discover why experts agree the Fed is a banking cartel that benefits mainly bankers, their clients in need of easy money and a Congress that would rather increase the National Debt than raise taxes.
Produced by William L. Van Alen, Jr., the 1-hour documentary is a co-production between Matrixx Productions and Cornerstone Entertainment and features interviews by, not only G. Edward Griffin, but Congressman Ron Paul (R-Texas); MOVIEGUIDE Founder, Ted Baehr; and constitutional attorney, Edwin Vieira (4 degrees from Harvard). FIAT EMPIRE was written and directed by James Jaeger and narrated by Kris Chandler. Associate producers are Ted Pollard, author and former Commissioner of Radnor Township and James E. Ewart, well-known author of MONEY.
Use a DVD for personal screenings and a VHS tape for free public and private screenings.
For more information on FIAT EMPIRE visit http://www.FiatEmpire.com or the mirror site at http://www.mecfilms.com/fiat. For various political, economic, sociological, media-related and philosophical essays by James Jaeger and others, visit UNIVERSAL ISSUES at http://www.mecfilms.com/universe.
For new films and updates on Matrixx Entertainment's activities, visit http://www.mecfilms.com/update.htm
Length: 542
Rating: 4.90 (2136 ratings)
Tags: Ron Paul Federal reserve banking money changers international bankers fiat currency congressman inflation debt order
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Iceland's Hydrogen Economy
This video talks about the strides Iceland is making to become energy independant and not reply on oil as their means for fueling their transportation needs.
Length: 206
Rating: 4.80 (75 ratings)
Tags: hydrogen fuel cell fuelcell Iceland Shell oil energy
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Death Row Interview: Mumia on the economy
Selection from Death Row Interview by Monica Moorehead and Larry Holmes produced by PVN. Support legal arguments for a new trial for Mumia, Philly, 5/17, 9AM
Length: 536
Rating: 4.80 (39 ratings)
Tags: Mumia Police Brutality Death Penalty Political Prisoner
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FORECLOSURES & THE ECONOMY: Rep. Ron Paul
Video from:
House Financial Services Committee - September 20, 2007
Full committee hearing on "legislative and regulatory options for minimizing
and mitigating mortgage foreclosures." Witnesses included Henry Paulson, Secretary of the Treasury; Alphonso Jackson, Secretary of Housing and Urban
Development; and Ben Bernanke, Chairman, Board of Governors of the Federal Reserve System.
Length: 133
Rating: 4.90 (336 ratings)
Tags: capnewsnet capnews economy forclosures fed interest rate home sales real estate ron paul
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