People's Life Savings BEING STOLEN BY CORPORATIONS...

It's a real shame how people and corporations treat the elderly in 2024. These people have worked their entire lives and have supported and raised families and if it wasn't for them, none of us would have anything. Yet they are being discarded once they have been sucked dry of all their money, even when having a lifetime contract to live in a senior living facility.

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DISCLAIMER: This video content is intended only for informational, educational, and entertainment purposes. Michael Bordenaro is not a registered financial advisor. Your use of Michael Bordenaro’s YouTube channel and your reliance on any information on the channel is solely at your own risk. Moreover, the use of the Internet (including, but not limited to, YouTube, E-Mail, and Instagram) for communications with Michael Bordenaro does not establish a formal business relationship.

[AQuietNight]

We don't need the apologizing preamble over illegals. We have a legal immigration system and that should be honored.

[walterhat]

Foreign ownership of farmland should be prevented as well.

[puravida]

This is not only immoral, it should also be criminal! My nephew owns a Assisted Living Facility in Arizona. He is also a RN, and truly cares and engages with all his residents, along with his Caregivers! He has a waiting list for occupancy, from people in and outside Arizona. My family has three RNs, with one more to be soon, which benefits the residents.

[nicholascurry]

That’s wrong. They need to be sued. I can only imagine that the seniors don’t even have the money for legal fees. I hope this gets brought to someone’s attention.

[samdooley]

Never trusted those senior living facilities

[joanleon]

Seniors have been targeted past 3 yrs. Klaus/WEF said seniors are a financial burden on their financial system.

[Osriv]

Seniors are estimated to be the fastest growing group among the unhoused/homless population around the globe. Let that sink in 😔

[MrMleewilson]

This is why i have no faith in annuities, pensions, and long term care contracts. They're only as good as the companies that provide them, and that's not very good. You give these companies all of your money (and years of your life) and then pray that they stay solvent for the rest of your life. If they go bankrupt or get bought out, you may lose everything.

[kolbpilot]

We ain't seen nothin' yet. Gen X is next after the boomers. Homelessness already is a national embarrassment but as I said, we ain't seen nothin' yet.

[twhitten]

Nobody thinks they will get 'old'...until they are

[twhitten]

'It's called the CRIMINAL Justice System, NOT the VICTIM Justice System' - Jordon Maxwell R.I.P.

[michaeltorrey]

What’s happening to that 96 y/o lady is why I’m very hesitant to plop down hundreds of thousands of dollars for a long term continuous care community. I’ve heard of several of these communities going bankrupt and the residents get evicted losing their down payments.

[rareroots]

I would be a homeless senior now if I never bought my homestead cabin near Joshua Tree in 2001 for 10k. It's now my full time castle, praise God!✌️

[bettywarren]

How the hell does a business go out of business when they charge $5000/mo??? Per person?? Holy hell, Batman!

[ElvisSirinBo]

If you've achieved any financial security, savings, owning a house, a pension.... you'll find these are going to be a financial burden around your they'll tax you to oblivion...

[RowanburnReiverRoots]

Thank you for shining a light on the predicament of the 96 year old lady who is being kicked out of her home.

[cathyarmato]

I read in Monterey County Weekly that Pacifica reversed the eviction on 8/30 due to the viral backlash. This is so sickening! Our elderly citizens and our Veterans are precious. They deserve our utmost respect, care, and love ❤️ People like these greedy monsters make my blood boil! 🤬

[eulasbryant]

Michael, I'm a 70 yo man of Irish ancestry. My family came here during the Great Potato Famine in Ireland. My father told me and my siblings about the Great Depression many times. Mostly to not complain because things could be a lots worse.I know if he was here today he would be disgusted with what the politicians and business elites have done to the country he loved. It is shameful that my grandchildren can't find decent paying jobs even with good educations. I here you speak occasionally about some of your viewers complaining about your gloom and doom but those are apparently elites with plenty of money. You are doing a great job with telling it like it is. I do not follow any of the government or banking industry's economic statistics anymore. They lie through their teeth. Keep up the good work. And don't let California rub off on you. I too live in Florida but had rather be in the Blue Ridge. Be safe.

[JDied]

They were made to honor her contract after her story went viral. The non-profit went bankrupt in 2021. "Pacifica purchased the facility in 2022, renaming it Pacific Grove Senior Living. The for-profit company was required by the California Attorney General's Office to honor all contracts." Today, Wall Street is involved in everything (not just rental homes), and all they care about is making money. The only humans who exist in Wall Street's eyes are the Hedge funds with their partners; everyone else is just a pawn to make them rich. This is happening all over the country. Earlier this year, there was a place in the Geneva area of Illinois where a group of 8 women had to move out after their retirement place was purchased by a Hedge Fund.

[rockpadstudios]

The VA should be the shining star of American health care. I hear people say they support the soldiers but in the end when the camera's are off they go back to doing nothing.