OBAMA'S PRAYER
Our Obama, who art in Washington
Flip-flop be thy name.
They Presidency come, they will be done
In D.C. as it was in Chicago.
Please take away our daily bread
And raise our taxes
As we appease voters who want social services.
And lead us away from self defense
And deliver us from sovereignty.
For thine is the way of globalism
And the power of Socialism
Forever and ever,
Yes we can.
Someone help me understand the logic here...
If I was emperor of America, AIG would have been allowed to fail, the company would have went bankrupt and no one would have gotten a bonus. Voila!
However, Congress in all of its wisdom, decided to bailout an insolvent insurance company (AIG). The company was insolvent because it was poorly ran.
So please tell me why Obama and congress are all in an uproar that the same morons who are responsible for the poor business choices that led to AIG's demise would make an equally foolish move in rewarding bonus's with ill-gotten taxpayer money.
Don't you get it you monkeys? you created this mess! you allowed this to happen by bailing out an insolvent company which would not even be around right now to issue a bonus check if not for your wrong doing in the first place.
When you reward stupidity...stupid will keep happening.
The blog MiamiCondoInvestments.com is a daily must read. The blog is ran by a Miami Realtor named Lucas who uses his blog as advertising to sell condo's, fair enough.
However, what makes the blog spectacular is the cast of characters who frequent it daily and constantly bicker, insult, and battle with eachother about the true value and future price of Miami condo's.
As I was reading the comments I noticed a debate had erupted over the idea that rich investors from latin America would save the condo market by purchasing the inventory. What follows are four comments from someone obviously pretending to be potential latin american investors which I feel is pure comedic gold, and they have to be shared.
I laughed so hard I cried, so I am hoping you enjoy these almost as much as I did... here we go...
As a formerly rich citizen of the Bolivarian Republic of Venezuela I am not offended by the Ace remarks for he speaks the truth. Venezuela like all of South American countries are extremely poor and those few Venezuelans that had money lost it all to Hugo Chavez. Just like Fidel Castro he took over the banks, the railroads, hospitals, refineries and most other private enterprise and property. If you weren’t fortunate to escape with your wealth then what you have left is worthless because it can only be sold at what the Chavez government says it is worth. I now sell used cars in Miami for a living and live in a small rented house with my wife a seven children I can assure you that I cannot afford the over priced Miami Condos but I dream of better days.
Pablo Picasso /Mar 9, 2009 at 8:39 pm Vote: I come from San Pablo, Brazil and if I were to paint a picture of the slums in my home country it would offend your senses. As I never made it as a soccer player I came to the US as an illegle and been in Miami for 10 years and I me and my friends may squat in one of these Condos, we like the Jade!
(For those who don't know Jade is perhaps the most luxurious and expensive condo in Miami)
Speedy Gonzalas /Mar 9, 2009 at 11:21 pm Vote: Speedy Gonzales
Sie senior I come frrom Guatamala and I must agree wid the Ace he the man that predicked $125.00 per squre inch I like to buy at that. Arrrrrrriba , ondelay! ondelay!
Salvador Dali /Mar 10, 2009 at 12:32 am Vote: Many of you may find this abstract but the reality is we South Americans cannot aford the price of a taco let alone a condo.
(LMFAO!)
$75 per sq ft is what Miami condos will soon be worth. We are looking at a period of 5 years (at least) thru which prices will slide and slide and slie. Once the food riots and civil unrest get underway…yes in Miami…you’re are going to see prices come off faster than clothes off a hooker.
-Cockatoo@MiamiCondoInvestments.com
MY STOCK MARKET PREDICTION I MADE ON NOVEMBER 12th IS ABOUT TO COME TRUE!
It feels good to be right everyone once in a while
The S&P500 was at 735 in 1996 and is at 735 in 2009. In 2009 a dollar is worth just $0.74 compared to a dollar in 1996. This means in actual buying power, the S&P500 is in reality at 544 today if inflation were not a factor. The S&P500 would need to be at 933 today to be worth the same value as 735 in 1996.
When Historians look back at the Second Great Depression of 2009->2019 they will conclude it was caused by one thing...
BANKS GAVE LOANS TO PEOPLE WITH NO DOWN PAYMENT AND BAD CREDIT, WHO HAD ALREADY PROVEN THEY WOULD NOT PAY BACK DEBT!!!
That is how it all started, the global great depression, civil unrest, and unraveling of the world financial system was all because greedy idiots thought this was a smart idea. Let this always be remembered.
Has anyone noticed its been impossible to get your hands on AK-47 ammo lately? In fact It seems like handgun ammo is almost all gone also.
Went to Dunhams and they were out of 7.62, Walmart had 1 box of really expensive hunting loads, and all Meijers had was shotgun and .22 ammo.
Even Cheaper than dirt is running low on assault rifle ammo
Either people are afraid that Pelosi and Obama will ban firearms or they are getting ready for all hell to break loose...Both idea's are overwhelming.
I have just changed the title page of my blog from Hyperinflationary Recession to Depression.
I have been around long enough to know what a Recession is, and I was feeling that back in 2007. In fact If you read my older posts you will see I was calling this a recession back when everyone said the economy was "strong"
As always, I have proven myself to be one step ahead of the criminal media propaganda, and while they are finally coming around to calling this a recession, we all know the truth, this is far beyond a simple contraction in the economy. This is the great unraveling of the financial system as we know it.
Therefore, On Feb. 20th 2009, I am declaring the USA to be in a Depression, no math formula's, no bogus government unemployment numbers that grossly underestimate the true jobless rates here. No pseudo GDP numbers based on make-believe CPI.
This is the second American Depression.... and its well on its way to being great.
Headlining the plan was a $75 billion Homeowner Stability Initiative, under which would provide incentives to lenders to cut monthly mortgage payments to sustainable levels. It defines this at no more than 31 percent of a homeowners income.
Oh great... this is just wonderful for all of the illegals living in 500k mcmansions.
I could see the call now...
"Whats that pedro? your mortgage is for 500,000 and you only make 8.00 an hour working at Mcdonalds? Ok no problem... We will make your mortgage payment 333.00 a month (31% of your income) Enjoy your house and low payment.
Sounds like a great plan, I want to go out and commit mortgage fraud today!
Forty-four percent (44%) voters also think a group of people selected at random from the phone book would do a better job addressing the nation’s problems than the current Congress, but 37% disagree. Twenty percent (20%) are undecided. -Rasmussen Reports
The part that makes me laugh is the 20% who are undecided, LMFAO! That means only 37% of Americans are sure our current congress can do better than a random selection of people.
It is a shame that more people do not listen to this man. How do you expect to solve a recession created by debt by piling on even more debt. Obama is trying to pump a heroin addict up with more a huge dose of heroin to make him feel better. The reality is that withdrawl is painful, but that pain purifies the body and solves the problem of addiction to credit long term.
