Monday, July 14, 2008

What's another $7B between friends, right?

A measly $7,000,000,000.00 is a completely insignificant 2.3% of the $300,000,000,000.00 American Taxpayer Hose Down in progress.

Meanwhile, go ahead and miss just ONE $3000 mortgage or rent payment and your credit score will be immediately smashed in half and the wage slave shackles tightened another dozen notches. Miss another one -- or just be a couple weeks late -- and you are HOMELESS, Mr. and Mrs. "All Created Equal."

Oh, and don't forget the $1,100,000,000,000.00 "off-balance-sheet" cook-off. Yeah, that would be around 360% of the $300B that, "Seven of the biggest U.S. banks, including Citigroup, are on the hook for ..." according to those Radical Leftists over at Bloomberg.

Image Hosted by ImageShack.usSo is the message getting through yet? Probably not.

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Sunday, July 13, 2008

Drivers that force bumper to bumper

Drivers that force bumper to bumper traffic on freeways are extraordinarily annoying, as you probably know. Unless you ARE one, of course.

When I create a safe following distance of one car length for each 10 miles an hour in front of me, that is my safety buffer not your space to jam into and force bumper to bumper stupidity again, got it? Stay out of my safety space. listen

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Friday, July 11, 2008

Yeah, WE are the vicious Sharks ... Right ...

The evil short-selling sharks, as this New York Times article refers to us, are only "circling" in the sense that we are considering that this recent down leg may be due for a bit of an upside correction ... and "circling" around to find a good entry point into the inevitable long dollar trade of 2009.

Of course, we all know about those EVIL SPECULATORS ... lazy no-goods working 14 hour days in our home offices of our own internal motivation, crunching statistical risk management models ... engaging in such EVILS as buying a family home on the pure SPECULATION that it will assure our retirement ... speculatively buying condos for our children so that they might have a starter nest egg, too ... investing in 401(k)'s on the sheer SPECULATION that equities will rise over time.

Yes indeed, we must rid the world of "those" evil speculators (just make sure that MY 401(k) goes up). Next, just take the Wall St. to Washington Hank Paulson revolving door, by which you can conveniently advise that the armies of wage slaves whom you already raped and pillaged of all value, must now BAIL OUT THE SELF-RIGHTEOUS BILLIONAIRE BANKERS who (knowingly, for many) drove Freddie and Fannie directly into to ground.

The economic devastation fraught on 9/11 was a FRACTION of the damage done by this devouring locust swarms of Larry Kudlow and Sean Hannity worshippers.

Sound a bit bitter? Not at all.

Roused a bit awake? Wide.

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Thursday, July 10, 2008

Oh Yes, Markets Are All Wise, Powerful, Efficient, and Just

That's why U.S. officials are considering a plan to have the government take over one or both of Fannie Mae and Freddie Mac, the largest buyers of U.S. home loans. Brilliant job, Free Market. Nicely done. But just go right on ahead berating and belittling government every time it bails your irresponsible @$$3$ out of your latest get rich scheme.

No, market marauders, this is not going to happen for much longer. Too many of us are now onto your game and it is about to end. Your idle threats that you'll cut our jobs have become empty and benign, because you do that to us all -- from migrant, to maven; from administrator to attorney -- regardless of our tax policies.

Of you, in none other than the immortal words of the dreaded Styx, "The jig is up, the news is out, they finally found me; the renegade who had it made retrieved for a bounty. Never more to go astray, this'll be the end today, of the wanted man."

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