YPSILANTI is Killing Us, or is it me?

A nice day ended with a very shitty good night. Just before Greg was about to come to bed, he got a call from his friend and co-worker, telling him that at least 50% of the traffic in the rail yard would be gone in 2 weeks. Meaning a lot of people would be laid off, and a lot of those people, indefinitely.
So he came to bed, told me the news and said that in 2 weeks he could be on unemployment, getting very small checks. We'll have no tenant come October 1. We won't be able to pay our bills. We should put our house up for sale, pull Sarah out of school and move into his mom's basement and try again. Start all over X years from now. I said no way. I would work 60 hours a week waiting tables to keep our house. And then of course, our usual argument of why did I even bother apprenticing if I was just going to go back to waiting tables? Why waste our time? Why make us so house poor? Why didn't I join the old practice? Why did I not take the bakery job? Isn't it lovely that I have options and standards and Greg has to slave away at this job he hates. and so on.
Awful. Lots of tears on my part. Makes me feel like a self-important princess but I know I'm not. And that I've worked my ass off apprenticing, cleaning, raising children and doing any little odd job I could over the last 5 years. Now my headache is even worse.
Part of me is silently leary of Greg's words because he is famous for his worse-case-scenario take on life. And I'm just the opposite. I suppose both of us, to a fault.
At any rate. I can't sleep. I don't know what to do.
The best bet to me would be to put an ad for the apartment upstairs. My mom said she'd understand if I had to do it. I can't wait for her house to sell and then for her to move in. Not if money is going to be so slim. Our house payment just went up.
Take insurance off of one of the cars.
Get rid of my motorcyle already. Please. Pay back a loan and finish up this NARM business.
I'm due to call the senior care place tomorrow morning and see what else they have to offer me.
Pray it's a lot more hours.

As much as I love my MIL, I don't want to live in Royal Oak. I don't want to live in her basement. I don't want my kids to go to school out there. I really don't think selling our house would be the best bet.

Ugh. This is all so crazy and horrible. Especially since Greg and me have been getting along so nicely for so long. Tomorrow is our 11th anniversary. What timing.

I don't think I've ever been this scared about losing everything. Damn these property taxes.
Damn this "old house" insurance coverage.

I had a woman due early April call about my midwifery services. Very interested, but had an iffy husband and says she hopes to call me back.
Greg really wants me to be a midwife. I'm completely at a loss at how to get my name out there without paying all these damn fees for directory listings. I thought about writing a nice cover letter and sending brochures to area churches. Couldn't hurt, right?

What to do? What to do?
say a little prayer for us, please.