a single man operating with unheralded, and probably unconstitutional powers-of-the-purse and an idiot congress that abdicated their powers to him, whipped on by that embarrassment Frank, have entered us into a financial war we can ill afford and will not win, I wonder if, four years from now, President Obama, whose administration is already stillborn, is going to lay claim to the "don't switch horses midstream" argument that served our current moron in chief so well at his re-election. That is, if we can take ourselves and our wheelbarrows full of greenbacks away from the breadlines in time to register our vote in the first place.
It's an obscenity that we're going to spend the rest of our lives paying for other people's mortgages and subsidizing enormous amounts of wealth for our corporate masters whom we have granted in all by name titles of nobility and in all but formalities unfettered access to our national treasury.
Here's to our first black president, our first black Hoover!
Here's to serfdom!
/I'll be in my bunk(er)
brandon [email] said at 9:47 PM 11-30-2008: Maybe he'll be the president who shoots bees and acorns from his mouth. Baracka Acornbee. A folk hero whose legend will be grounded in truth.
kiche [email] said at 11:35 PM 12-01-2008: dude, are you kidding? things are looking like they are going to be awesome under obama's leadership.
oh wait, you didn't get an executive directive agenda from subcomandante hugo chavez of the obama staff? well, the next 16 years are pretty much going to suck for you...
amanda [email] said at 8:11 AM 12-07-2008: I make a mean rye bread if you'd like to join me for a slice or two and a bowl of borscht with cream and dill.
brandon [email] said at 12:36 PM 12-07-2008: In the depression to come we will all eat take-out all the time. Self-reliance in the kitchen is unamerican and punishable by fines or tatter-tots from Jack in the Box. Or, for an additional tatter-tot fine, tatter-tots may be proffered from store-bought microwavable bags, with the fine included on top of a jurisdictionally determined standard public servant tatter-tot offering.
angele [email] said at 11:00 AM 12-11-2008: I'm also excited about cooking for financially hard times. Fortunately, we have our own brand of cheap-ass food down here.
Red beans and rice lasts for days. A roux is just a method to stretch what meat and vegetables you have into a thicker, more filling dish. Add breadcrumbs to anything (we do that a lot in New Orleans thanks to Italian influences) and it also stretches meats and veggies in the most delicious way. MMmmm. $50 a week in groceries and we can make feasts.
brandon [email] said at 11:31 AM 12-09-2008: The markets may be up today, but, the gay chickens of financial peril are coming home to protest their right to roost. I think the banks have already spent something approaching 30 percent of their windfall, with nothing stabilizing to show. And the big three, they're going to run through that money in unsuccessful gimicks and corporate chicanery. Retooling the factories? As if. Re-negotiating with the unions? BS. The unions are going to do shit, unless the big three go into bankruptcy. Because until then, the unions have nothing to lose they have them by the balls. They'll eventually hit bankruptcy a few months from now, anyway. China and Japan have the right idea, you don't coddle failed executives, you execute them, you prosecute them. When the history of our times is written, we'll see that America was bankrupted so that a couple thousand rich assholes could buy super-yachts on the backs of tens of millions of mortgages that should never have been made.
And I apologize to anyone here who has a subprime. But... you shouldn't have bought that house you couldn't afford, and you should have taken better care of your credit. And the banks shouldn't have lent you that money. Because now we're all paying for it now, and that's a damn shame.
rick [email] said at 2:23 PM 12-09-2008: And I apologize to anyone here who has a subprime. But... you shouldn't have bought that house you couldn't afford, and you should have taken better care of your credit. And the banks shouldn't have lent you that money. Because now we're all paying for it now, and that's a damn shame.
Why apologize, Brandon? As renters, we will be subsidizing these loans. So go ahead and grouse; after all, you will likely be paying for at least some of them. Ditto for the looming Big Three bailout (unless you drive a "domestic" automobile in which case you have already to some extent been subsidizing them; I use the "domestic" term loosely because a lot of them are made of parts that were manufactured abroad).
brandon [email] said at 3:39 PM 12-09-2008: These aren't the chickens we're looking for. We don't need to see these chickens' IDs. Move along, chickens.
My foreign car was manufactured in the US from imported parts, except for the engine which was assembled overseas before being sent here. But the nameplate is owned by Ford.
I live in a house that the owner paid cash for, no financing. So my rent is pretty much not an issue. Eventually, though, this is going to show up in our tax assessments. And already shows up in the higher rates we're paying on our own home loans, the larger downpayments. Hello Carter era double-digit finance rates on home loans. It's coming. Why? So that Alan Mulally can shit on a gold toilet.
dave [email] said at 5:03 PM 12-10-2008: i think you're right on the double digit rates coming. time to stockpile cash so you can capitalize on the tax-free muni's that will be paying 10-15%.
