Black People : Folk Are Killing Themselves

Discussion in 'Black People Open Forum' started by Destee, Oct 15, 2008.

  1. Destee

    Destee destee.com STAFF

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    As economy sinks, officials fear violent solutions

    An out-of-work money manager in California loses a fortune and wipes out his family in a murder-suicide.

    A 90-year-old Ohio widow shoots herself in the chest as authorities arrive to evict her from the modest house she called home for 38 years.

    In Massachusetts, a housewife who had hidden her family's mounting financial crisis from her husband sends a note to the mortgage company warning: "By the time you foreclose on my house, I'll be dead." Then Carlene Balderrama shot herself to death, leaving an insurance policy and a suicide note on a table.

    In Los Angeles, California, last week, a former money manager fatally shot his wife, three sons and his mother-in-law before killing himself.

    Karthik Rajaram, 45, left a suicide note saying he was in financial trouble and contemplated killing just himself. But he said he decided to kill his entire family because that was more honorable, police said.

    In Tennessee, a woman fatally shot herself last week as sheriff's deputies went to evict her from her foreclosed home.

    Pamela Ross, 57, and her husband were fighting foreclosure on their home when sheriff's deputies in Sevierville came to serve an eviction notice. They were across the street when they heard a gunshot and found Ross dead from a wound to the chest. The case was even more tragic because the couple had recently been granted an extra 10 days to appeal.

    In Akron, Ohio, the 90-year-old widow who shot herself on Oct. 1 is recovering. A congressman told Addie Polk's story on the House floor before lawmakers voted to approve a $700 billion financial rescue package. Mortgage finance company Fannie Mae dropped the foreclosure, forgave her mortgage and said she could remain in the home.

    In Ocala, Florida, Roland Gore shot his wife and dog in March and then set fire to the couple's home, which had been in foreclosure, before killing himself. His case was one of several in which people killed spouses or pets, destroyed property or attacked police before taking their own lives.

    After falling 31/2 years behind in payments, the Taunton, Massachusetts, housewife had been intercepting letters from the mortgage company and shredding them before her husband saw them. She tried to refinance but was declined.

    In July, on the day the house was to be auctioned, she faxed the note to the mortgage company. Then the 52-year-old walked outside, shot her three beloved cats and then herself with her husband's rifle.

    Click Here To Read Entire Article

    :heart:

    Destee
     
  2. Clyde C Coger Jr

    Clyde C Coger Jr going above and beyond PREMIUM MEMBER

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    In the Spirit of Sankofa!

    Thanks Destee for posting,

    This should be a wake-up call for many of us to not put our trust and hope in material things, alone.................................. .... ....................................Destee..................with the ever vigilant eye QQn out for her peeps!

     
  3. Zulile

    Zulile Well-Known Member MEMBER

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    "Apparently she didn't have anyone to talk to. She didn't come to me. I don't know why. There's gotta be some help out there for people that are hurting, (something better) than to see somebody lose a life over a stupid house."

    It is a terrible thing.
     
  4. Da Street So'ja

    Da Street So'ja Banned MEMBER

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    the bank don't care

    as long as they get paid

    that's the sad thing

    the bank doesn't bend to the people

    the people bend to the bank:sick::em4600::injured::qqb012::SuN019:
     
  5. Zulile

    Zulile Well-Known Member MEMBER

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    Sheriff tells deputies not to help in foreclosures

    CHICAGO - The sheriff here said Wednesday that he’s ordering his deputies to stop evicting people from foreclosed properties because many people his office has helped throw out on the street are renters who did nothing wrong.

    “We will no longer be a party to something that’s so unjust,” a visibly angry Cook County Sheriff Tom Dart said at a news conference.

    “We have to be sure that when we are doing this — and we are destroying some people’s lives — we better be darned sure we’re talking about the right people,” Dart said.

    Article Here

    Too many people pay their rent faithfully, only to discover - when they come home from work and find their stuff on the street - that the owner/landlord isn't paying the mortgage.. smh. Props to the Sheriff here :)
     
  6. lilpea

    lilpea Moderator STAFF

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    For those of u that do have stock in the market....please remember this....panic is your worst enemy...dont panic..set back and chill..the worm will turn. when it does divest.
     
  7. Knowledge Seed

    Knowledge Seed Well-Known Member MEMBER

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    How many of these people are of nonwhite descent?
     
  8. tyab14

    tyab14 Well-Known Member MEMBER

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    Lilpea, I was told for people who didn't have a large amount, this the best time to invest in the stock market. A brother I know just made like 1,000 dollars of a $1 stock.
     
  9. lilpea

    lilpea Moderator STAFF

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    Now that seems a little much...but hey it could happen...i guess...he must have been holding it some fifty yrs. or so
     
  10. Zulile

    Zulile Well-Known Member MEMBER

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    On many measures, it is clear that blacks are being hit the hardest by the declining American economy. The Joint Center for Political and Economic Studies had already informed us that blacks and Hispanics were about twice as likely as whites to receive a subprime loan. This would lead one to think that blacks would have about twice the foreclosure rate as whites. If that were true, that would be bad enough. But a new report (PDF) by AARP finds that blacks and Hispanics have foreclosure rates about three times that of whites.

    Article Here (pdf)
     
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