Saturday, June 28, 2008

Why I love Ron Paul and the "Ron Paul Republican" Movement

This diagram really explains it all


First lets understand what makes Ron Paul so great. Why do 18 year old college kids, 29 year old bloggers, and educated economist with doctorate degrees all love him?

The answer is simple, He incorporates the best part of each of the two major political parties into his political philosophy while throwing out the trash. He then replaces the trash by adding the best parts of Jeffersonian Libertarianism to his political repotoir while throwing out the fringe anarchy-like believes of the Libertarian party that keep it from ever gaining a major foothold in conventional politics.

What do I love about the Republican Party?
Low Taxes
Gun Rights
Pro Life
Pro Privatization
And Anti Illegal Immigration.

-Ron Paul loves that also.

What do I hate about the Republican Party?
The neo con movement
The patriot act
Interventionist foreign policy's
getting involved in unprovoked wars
Nafta shipping off American jobs to foreign countries
The pandering to the bible thumpers

-Ron Paul hates that also and calls his own party out for losing its way.

What do I love about the Democratic Party?
Anti Nafta
Anti War
Anti Patriot act

What do I hate about the Deomcratic party?
Everything else basically :) but to be more specific:
National Healthcare
Welfare and nanny state
Pro illegal immigration
High taxes

-Ron Paul feels the same way.


OK... So Ron Paul has taken the best parts of the Republican and Democratic party and got rid of the rest of the garbage... How does he tie it all together???

Simple... He takes the best part of the libertarian party and makes it happen.

Anti Government and Anti Intervention.

The term "anti government" is used to scare old people and house wifes but the reality is that the USA functioned like this from about 1776 to the early 1900's.

The constitutional role of government is to provide a strong military and police force to protect the citizenry and to handle diplomacy, trade etc

THE ROLE OF THE GOVERNMENT IS NOT TO TAKE CARE OF PEOPLE FROM CRADLE TO GRAVE WITH HANDOUTS OF MONEY.

Ron Paul is the only one who gets it!

and thats why I love everything he stands for.

Tuesday, May 27, 2008

Peak Oil



Peak Oil... Coming Soon to a reality near you.

Energy Fears looming, new survivalist prepare.

BUSKIRK, N.Y. (AP) — A few years ago, Kathleen Breault was just another suburban grandma, driving countless hours every week, stopping for lunch at McDonald's, buying clothes at the mall, watching TV in the evenings.

That was before Breault heard an author talk about the bleak future of the world's oil supply. Now, she's preparing for the world as we know it to disappear.

Breault cut her driving time in half. She switched to a diet of locally grown foods near her upstate New York home and lost 70 pounds. She sliced up her credit cards, banished her television and swore off plane travel. She began relying on a wood-burning stove.

"I was panic-stricken," the 50-year-old recalled, her voice shaking. "Devastated. Depressed. Afraid. Vulnerable. Weak. Alone. Just terrible."

Convinced the planet's oil supply is dwindling and the world's economies are heading for a crash, some people around the country are moving onto homesteads, learning to live off their land, conserving fuel and, in some cases, stocking up on guns they expect to use to defend themselves and their supplies from desperate crowds of people who didn't prepare.

The exact number of people taking such steps is impossible to determine, but anecdotal evidence suggests that the movement has been gaining momentum in the last few years.

These energy survivalists are not leading some sort of green revolution meant to save the planet. Many of them believe it is too late for that, seeing signs in soaring fuel and food prices and a faltering U.S. economy, and are largely focused on saving themselves.

Some are doing it quietly, giving few details of their preparations — afraid that revealing such information as the location of their supplies will endanger themselves and their loved ones. They envision a future in which the nation's cities will be filled with hungry, desperate refugees forced to go looking for food, shelter and water.

"There's going to be things that happen when people can't get things that they need for themselves and their families," said Lynn-Marie, who believes cities could see a rise in violence as early as 2012.

Sunday, May 18, 2008

The #1 Lesson I learned from the Housing Crash



Most of the stuff I write here is for entertainment value, or to just vent my anger and frustration at the corrupt and incompetent people we have running our economy and government.

However, If you only learn one thing from this blog, I want it to be this...

Never buy a condo as a primary residence!
& under no circumstances should you ever buy a one bedroom condo!


Trust me on this one, it will be the best advice you will ever get.

Disclaimer:
-If you are over the age of 62 it is alright to own a condo as a primary residence.
-It is alright to own a 2-bedroom condo as a second vacation home, but only if the monthly mortgage, taxes and carrying cost paid is less than or equal to equivalent rent in the area.



HousingFEAR Quote of the Day

"Condos stink their worst in declining economies. The ignorant owners will stop paying their maintenance fees. Then the condo board starts taking out light bulbs from the hallways to save $99 a month on electrical bills.

Condominiums should be treated like hookers. Rent them by the day/week/month but never consider buying one permanently. Let someone else marry them.
Like foreign investors."

-Wild Bill @Miamicondoinvestments.com





Monday, May 12, 2008

OBAMA IS A LONG LEGGED MACK DADDY WHO PIMPS WHITE WOMEN AND BLACK WOMEN!



The video above is the original video of the sermon pastor Manning gave, hilariously, trashing Obama. Manning calls Obama a long legged mack daddy and claims the only reason Obama became popular was because of the Obama girls "54 double D's".



WARNING! The video above is a rap parody of pastor mannings sermon that is so catchy you will be singing it all day at work tomorrow. Listen at your own peril.

The first 20 seconds are kind of repetitive but give it a chance, it gets good.


P.S. 1:18-1:25 made me cry from laughing so hard the second time I watched it.

Saturday, May 10, 2008

The End of the American Middle Class



(I wrote the article below back in January before the global food crisis hit the MSM. I found the excellent video above, which is a must watch for anyone who shops at wal mart, and I was inspired to to publish this a second time in case anyone missed it)

Quick History Lesson.

China is brutal, cruel and has no consideration for the welfare and rights of its own people.

For years now China has been keeping its currency artificially low even as its economy has boomed, and it's factories produced billions of dollars of cheap goods.

Why would China do this you ask?

Simple...China did not want it's own people to buy the very products they were making in the factories. They wanted to keep the value of their currency artificially low, and pay the factory workers pennies on the dollar. The Chinese people would not be able to buy the products, which allowed them to ship their crap out to Wal-Mart stores across America so US citizens could enjoy a great bargain.

As they say on the infomercials that wake you up at 4 AM... Wait... There's more!

American consumer spending was fueled primarily by debt spending. Home equity loans on houses, massive credit card debt were all the rage for the past decade and someone had to buy that debt. Guess who? It was China who would buy the American debt allowing American consumption to continue, fueling China's manufacturing economy, fueling America's consumer spending economy, buying American debt, which would keep the Yuan artificially low vs the American dollar so that Americans could continue to afford cheap Chinese products.

The sick cycle carousel continued until 2005 when China began to revalue its currency, and as the American dollar continues to collapse the whole situation is about to spin into economic disaster.

This article I found, which I posted below, really tells the whole story, Wake up America...

The stock market is about to crash.
The Fed is destroying the dollar.
Inflation is causing people to go hungry.
And Economic disaster is looming on the horizon.

It hath been fortold.

Wednesday, May 7, 2008

HousingFEAR Quote of the Decade



"Dissenters who tell their fellow citizens what is really going on are subject to smear campaigns that, like clockwork, are aimed at the political heretic. Truth is treason in the empire of lies"

-Congressman Ron Paul MD.

Remember how everyone said the Seattle Market was "Special" and the Price would never decline




Seattle Sellers Forced to Lower Prices

With home sales soft, agents like Windermere's Mark Corcoran say most sellers must make concessions to be competitive.

Corcoran, whose main territory is North Seattle, recently represented the seller of a $700,000 home that quickly attracted two offers. Both were at least 10 percent below asking price, and his client declined them.

But with the real-estate market in the doldrums — April sales and prices were down from last year, according to Northwest Multiple Listing Service figures released Monday — buyers are driving hard bargains. Turning down an offer could leave sellers waiting a long time for another.

After about a month, with no buyers in sight, Corcoran's seller agreed to drop the price 5 percent. That brought a buyer who wanted the house fumigated and the hardwood floors refinished. Again the seller declined.

Finally, a fourth offer came in. It was for 2 percent below the lower asking price. But that wasn't all: The buyer also wanted the roof cleaned and repaired, a garage door replaced, a trench dug in the crawl space and several minor repairs.

This time the seller didn't dicker. She hired a handyman to complete all the tasks, and after 44 days on the market, the house was sold.

"It was quite an ordeal," Corcoran said. "The key is not to get insulted and be upset and not want to work with buyers. They're going to ask you for closing costs and fixes, and that's minor stuff once you agree on price."

Considering the number of homes on the market, sellers must be willing to negotiate.

Read Full Article Here



In true Housing Fear fashion I will sum up this article in 5 words to everyone out there who just can't understand why no one wants to buy that "special home" they are trying to sell.




...The price is wrong Bitch!




Sunday, May 4, 2008

Saturday, May 3, 2008

Mission Accomplished

Oil price per barrel; year 1999 = $16.00



Oil price per barrel; year 2008 = $115.00



Mission Accomplished.

Bush Jr. may be the worst president ever, but he definitely ain't the dumbest.



-Thanks Lady di @Housingpanic

Friday, May 2, 2008

The New Five Dollar Bill




Notice the message in the upper right hand corner :)

Monday, April 28, 2008

Great Ron Paul Interview on CNN



You can hear the conversations at the water cooler now... People noticing the run away inflation, people realizing that their government is corrupt and incompetent. It is kind of satisfying to see everyone else start waking up to what we have been talking about this past year.

Spread the word that the revolution is not going to end and get your copy of Ron Pauls Book here;

Sunday, April 27, 2008

The desperate real estate ads on craigs list are starting to become really entertaining.


$187 Kind Hearted Investor Needed, Please Buy My Condo (Kahulu) (map)


Reply to: see below
Date: 2008-04-26, 5:21PM HST


I have a completely remolded condo at Harbor Lights that I am in desperate need to sell, It has a great Location between The UH Maui Campus, Our Main Mall, and the Ocean, with garden and pool views,

My Story,
I worked through High school and then through college full time to support myself and in that time saved every extra dollar, 2.5 years ago i bought an investment property to get into the realestate game, i then completely renovated it to top of the line, Im 22 now and the GM of a popular maui Restaurant and in need of some help, I bought the condo for 195k put 60k into it and now 0we 187k, everything was fine until the adjustable rate mortgage went through the roof and totally changed my lifestyle, i am currently homeless because i cant rent a place and cover my mortgage (if my renters were to move out) So it's a really bad situation...

The Specs:
Rental Income $1250 monthly, $15k annual
Maintance fees $592 monthly, 7104 annual
Propety tax 100 monthly, 1200 annual

which means: approx. $6k net rental profit or 3%of your investment(which sucks)

but if the market returns to it's previous Peak of $250k in five years it would make your investment a 10% return which really isn't bad but thats if it is completely paid off,

Pleas consider:
call Luke
264-4829






_____________________________________


LOL! This is starting to become comical now.

Couple of things to point out here; I love how he ads up the expenses at ONLY $8,300 per year for just taxes and association fee's and claims the place is 6k cash flow positive property. He of course totally neglects to factor in the mortgage he is paying. In fact I estimate that his mortgage alone with a subprime arm probably costs him 18K a year.

This place is really a 12 grand per year money trap. And that is with a renter living inside it.

Second thing... If a place only rents for 1200 a month... Its only worth 120,000-130,000 dollars.

Its all about the fundamentals baby.

Tuesday, April 22, 2008

Ron Paul: House Of Cards



Are you ready to listen now?

Global food riots and Hyperinflation.



33 Countries around the world are now in unrest over high food prices.

Monday, April 21, 2008

THE THIRD HORSEMAN RIDES: The Global Food Crisis... Financial Armageddon and Biblical Prophecy.



Some interesting facts to consider...


  • Wheat prices have risen by 130% Since March of 2007
  • Soy Prices have risen by 87% in the same time fram
  • Rice prices have jumped 50% in the past 2 months
  • People are rioting over food in Haiti and SE Asia.
  • Farmers are guarding fields of Rice with AK-47 Assault rifles.




I don't take the bible literally by any means, In fact I don't even attend church, but this verse scares the hell even out of me due to recent events.

The third horseman rides

The third horseman is described in Revelation 6:5-6, “...and there before me was a black horse! Its rider was holding a pair of scales in his hand. Then I heard what sounded like a voice among the four living creatures, saying, ‘A quart of wheat for a day's wages, and three quarts of barley for a day's wages, and do not damage the oil and the wine!’” The third horseman of the apocalypse refers to a great famine that will take place, likely as a result of the wars from the second horseman. Food will be scarce, but luxuries such as wine and oil will still be readily available.


What does this mean?

The Expositor's Bible Commentary explains regarding this passage: "This amount [of money] suggests food prices about twelve times higher than normal ... and implies inflation and famine conditions (Matt 24:7). A quart of wheat would supply an average person one day's sustenance. Barley was used by the poor to mix with the wheat." Food shortages cause inflation in food prices. And higher prices make the remaining food harder to afford.

Oil and wine, though, are typically symbols of plenty. The reference here could indicate there will be pockets of abundance in the midst of famine. Christ's reference to famine "in various places" (Matthew 24:7) indicates the same possibility.

The cry to not "harm" the oil and wine could represent attempts to safeguard the pockets of abundance against plundering. However, The Living Bible interprets the phrase in Revelation to mean that there is practically no oil and wine left. That would also fit with the admonition that what is left not be harmed—lest there be none left at all.

In any case, the opening of the third seal indicates the onset of a period of severe famine unlike any in the past. While famines of varying severity have struck throughout history, it appears things will get much worse. Most of us have seen pictures of famine in our time, usually in parts of drought-stricken Africa. In 1984, a famine in Ethiopia developed through natural means, but was aggravated by the unstable government. Millions were at risk of starvation.

Source


As investors continue to flee the real estate market and purchase Gold, Oil and Commodities as safe havens prices will continue to escalate and inflict hardship and perhaps even destruction on the very poor around the world... Even the poor and middle class of America are starting to feel it. There is no end in sight, and it is going to get much worse.

Oil sets new Record, The standard of living of the middle class erodes further.


Oil prices shoot to record 117.60 dollars

LONDON (AFP) — The price of New York crude oil shot to a record high 117.60 dollars on Monday as traders seized on unrest in key producer Nigeria, the weak US currency and OPEC's refusal to increase output.

Later Monday, New York's main oil futures contract, light sweet crude for delivery in May, pulled back to 116.53 dollars, down 16 cents from Friday's close.

London's Brent North Sea crude for June hit a record 114.86 dollars but then slipped back to 113.83 dollars, down nine cents.

Sucden analyst Nimit Khamar said the market was "supported by geopolitical concerns surrounding Nigeria and comments from OPEC, who over the weekend once again reiterated their reluctance to increase production."

Monday's record-breaking run beat the previous highs set on Friday as news emerged of another pipeline attack in Africa's biggest producer Nigeria.

The most prominent militant group in Nigeria's southern oil-producing region said it had sabotaged two pipelines, possibly belonging to Anglo-Dutch oil giant Shell and US peer Chevron.

An email sent to AFP early Monday said that "Commandos from the Movement for the Emancipation of the Niger Delta (MEND) in continuation of Operation Cyclone attacked two major oil pipelines in Rivers state of Nigeria.

"The pipelines may belong to Shell and Chevron," the message added.

It described Operation Cyclone as "the crippling of the Nigerian oil export industry."

There was no immediate confirmation from the companies named. The raids followed similar sabotage of a Shell pipeline on Thursday, when the group promised "many more" such attacks to follow.

Shell, Nigeria's largest oil operator accounting for around half of the country's 2.1 million barrels per day output, has seen a wave of attacks on its facilities in recent months.

Also over the weekend, OPEC president and Algerian Oil Minister Chakib Khelil said that there was no need for an immediate hike in production.

He said the cartel, which produces around 40 percent of the world's oil, "does not need to raise output in the near future," according to Kuwait's KUNA news agency on Sunday.

The Organization of Petroleum Exporting Countries has defiantly held its daily output quota at 29.67 million barrels since its last meeting in March, despite repeated calls from US President George W. Bush to hike production.

Oil prices are unlikely to fall back below 90 dollars, the Venezuelan energy minister Rafael Ramirez said on Monday.

"We believe that prices will remain around this level, at least around 90 dollars," Ramirez told reporters on the sidelines of the International Energy Forum in Rome.

"Oil prices can't fall" much further because "production costs have increased," he said.

Iraqi oil minister Hussain Al-Shahristani argued that an increase in OPEC production would not bring relief since prices were being driven primarily by speculative investment in commodities.

"There isn't much OPEC can do," the minister told reporters.

An increase in output "is not going to solve the situation. The solution is in the hands of the speculators. They're the ones who are fixing the price and not the producers," Al-Shahristani added.

In recent months, oil prices have also been boosted by the weak dollar.

The sliding value of the US currency makes dollar-priced goods cheaper for foreign buyers and therefore tends to encourage oil demand, traders said.



America is slowly becoming a third world banana republic where there will be two classes of people. The ultra Rich and the dirt poor. $4.00 a gallon gas is destroying the standard of living of millions in the USA who could barely make ends meet as it is and now have to make the choice between putting gas in their car or food on the table.

For minimum wage workers, it is reaching a point where it may not even be worth it to drive to work, considering it could cost 2 hours pay (after taxes) worth of gas just to get to work and back that day.

To the ignorant, clueless, American idol watching Americans who ignored Ron Paul. I bet you are going to start waking up real soon.

Sunday, April 20, 2008

House prices are STILL to high!


Thinking of buying a home since prices have fallen this past year?

WAIT! prices will come down even further. The picture above shows the prices of a median priced home in conjunction with median household disposable income adjusted for inflation through the years.

Check out a close up view the graph HERE.

For the realtors who are calling a "bottom" on the housing market take a look at the graph and tell me how you get that information. We still have a long way to fall.






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