Posts tagged ‘mortgage crisis’

Join A Tax Day Tea Party


Let me give you three reasons to go out and be a part of a Tax Day Tea Party TODAY:

  • If you’re a 50-year old-with a college degree, you will pay approximately $81,000over your working life just to pay the interest on the debt in the Obama budget.
  • If you’re a 40-year-old, you’ll pay $132,000.
  • And if you’re a 20-year-old, just starting out after college, you will pay a whopping $114,000just to service the interest on the debt created by the Obama budget.

PS: These figures are based only on his budget announced as of April Fools Day 2009. “Change you can believe in ” guarantees Obama will spend even more of money we don’t have.

Obama’s unannounced spending will make these numbers even worse.

To find a Tax Day Tea Party to attend today, visit TaxDayTeaParty.com or TeaPartyDay.com.

April 15, 2009 at 10:27 am 1 comment

Idiot Obama Is Trying To Reinflate The Housing Bubble and Create An Even Worse Crash


Idiot Obama is setting mortgage rates so unrealistically low that he will cause re-inflation of the housing bubble when what we need is the opposite.

Home prices need to come down to the level of the 1990s, or drop another 30 to 40 percent for an average used home price just over $100,00 to $110,000.

No true bubble is cured until there is serious deflation and we have just begun to see it.

Fannie Mae is still putting out no money down and 5 percent down mortgages, which is what got us into this mess.

And Brainless Barry’s cram-down in which banks have to write down mortgages just means more banks will lose even more money.

Banks will lose money on the new mortgages being written because people will default when they lose their jobs to China.

Then taxpayers will have to give even more money to the banks.

Obama must get rid of Fannie Mae and GNMA; require 20 percent down payment on new homes; and limit credit card greed by the banks.

Until then Obama is just setting us up for another round of real estate crashes and bank failures.

That will require even bigger taxpayer bailouts, and our dollars and life savings will become Obama Paper, which equals toilet paper.

But you canot invest in real estate to get out of cash because real estate will crash again, and stocks and bonds have truly become toilet paper.

Brainless Barry, you really screwed us.

March 24, 2009 at 11:31 pm 3 comments

Obama Launches Media Conspiracy Against Stock Market


Brainless Barry cannot learn: every new plan he announces knocks the market down farther, lower and lower.

Now that Obama has noticed that I and many other bloggers are saying that the stock market selloffs represent the hard working and saving people of Main Street America voting against Obama’s Communist bailout plans, suddenly every mainstream media has launched biased attacks on this idea.

Even Colbert and Jon Stewart are devoting entire shows to making fun of the stock market declines as you and I voting against Obama.

This is CNN bias, media bias, and media conspiracy to discredit everything and everyone who disagrees with the Messiah.

Obama’s socialism will not work. Every new plan he announces knocks the market lower.

This IS America voting against Obama’s lunacy.

March 5, 2009 at 12:39 pm Leave a comment

Barack Obama Wants to spend a Trillion for Fewer Jobs


I desperately want our first affirmative action president to succeed.

I just wish he had had any job before becoming President so that he might want to do something besides give free houses to all his friends in Acorn.

And what does CHANGE mean since all his appointees are Hillary Clinton’s appointees from her first two terms as President?

Only Dr. Chu from Berkeley, only one of 30 appointees, is not an old corrupt Democratic Machine Crony from the smoke filled rooms or the Chicago machine of Mayor Daley.

And his jobs program on January 8, 2009 called for replacing fewer jobs than were lost last year. On January 9 it was announced that 2,600,000 jobs were lost in 2007 yet Nobama ‘s jobs plan called for creating or replacing 2,500,000 jobs for on trillion dollars.

So his stated goal was to have fewer jobs!

And spend a trillion dollars to get us behind where we were before he became our first affirmative action President.

What an empty suit!

Lots of luck, America.

January 13, 2009 at 3:37 pm 6 comments

Celebration! Already Just Passed 12,000 Views


Thanks to the most intelligent viewers I could hope for. The two most viewed posts are the one on Obama’s Executive Experience and his achievements during his first seven years as a paid President halfway down the post at  

THIS OBAMA LINK

and my proposed new Treasury Dept. Hundred Billion Dollar Bailout for those truly in need at

THIS BAILOUT LINK

Look for two new posts even better than these on

“The Most Wonderful Time of the Year” which is not what you think,

 and

“Newly Discovered, Scientificly Proven, Medical Cause of Homosexuality – Part One” 

and naturally, ditto Part Two

Thanks again,

I love everybody!

MERRY CHRISTMAS

and

MAY GOD BLESS YOU ONE AND ALL

because the Democrats won’t

December 28, 2008 at 11:21 am Leave a comment

To Put Obama’s New Coverup in Perspective, Look at This


 It is not surprising the media are whitewashing the phony Obama investigation of HimSelf the One.

Unbelievably, he investigated himself, and found himself not guilty? In five pages? Is this a joke?

For perspective on the transparency of Obama’s executive experience read THESE OFFICIAL DOCUMENTS

It has been viewed more than 3,500 times, and although it is long, it is entirely factual and received 59 comments, the most of any of my controversial posts.

Obama’s executive experience as President of a charity that wasted $110 million is about halfway down the post.

December 26, 2008 at 12:31 pm 6 comments

Detroit’s Shareholders Deserve to Lose Everything


Ever since the Muslims attacked America by raising the price of oil from $2.90 a barrel to $30 a barrel in 1973, the Big Three car companies sold fewer cars and lost market share every year.

I cannot think of another set of three companies who losdt market share every, year after 35 years, an uninterrupted series of disasterous debacles.

Any investor who would buy stock in such losers deserves to be wiped out.

Somepbody should start a website listing the names of all the incompetent bags of s++t who served on the Boards of Directors and showing the other companies on which Boards of Directors they served, and the companies where they were Presidents, etc.

The shareholders of all those inter-related companies should pke them in the nose and kick them out on the street. No Directors should permit management that insists on selling buggy whips instead of high mileage and alternative energy cars.

Kick the bums out, shames them, destroy their golden parachutes, and exile them to Afghanistan.

If Obama cannt do this, he should resign from the Presidency

December 3, 2008 at 1:59 pm 2 comments

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