2005: Oh, man, this sucker is gonna blow. Here's how.
2006: No, really, this thing's gonna blow. Really. Better listen. We're not nuts.
2007: Yup, this thing is now blowing. Should have listened.
2008: Holy crap, this thing is blowing up the entire world.
2009: Still blowing. Worldwide meltdown. Make it stop. And freaking arrest someone.
2010: ????????????????????????
Soot & Ashes Favourite Blogs
PerpWalkWatch - # of Hours New AG Eric Holder Has Let Angelo Mozilo Run Free
Eric Holder and Barack Obama
Failure to
Arrest
Angelo Mozilo
2862 Hours
(countdown suspended 6/21/2009)
ERIC HOLDER - YOU ARE A COWARD
DO YOUR JOB
(UPDATE 6.4.09 - SEC CHARGES MOZILO WITH INSIDER TRADING. YET ERIC HOLDER STILL SITS ON HIS ASS AND DOES NOTHING)
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21 comments:
2010, middle of june... at last the truth comes out.
We will be stimulated to death by our new savior b.obama.Stock market rallies to 12000.food stamps for all.
2010. The End of The Noble Employee Myth!
Employees finally realize that just because they were necessary, doesn't mean they were important. They were actually very fortunate to have a job all these years thanks to the biggest Ponzi scheme of all time.
Employers are finally able to choose from a huge pool of desperate workers willing to actually exchange labor for money.
Employers can vastly reduce the Benefit Bonanza that your average employee has come to expect as his god given rights. Expenses such as On-site daycare, work from home, flexible schedules, perks of any kind whatsoever, can be eliminated and the money saved goes directly to the bottom line!
The future is very bright for the person paying for labor. After two decades of what I call the labor bubble, I am finally getting some relief.
Crush the NOBLE EMPLOYEE MYTH!!!
BOHICA!
Bend Over Here It Comes Again...
DIE U PIGS
Pig Latin (Ancient) for NO BALLS:
Ob Ama
Grow a pair.
For goodness sake, how the hell can you stand beside/behind all these liars, cheaters and scoundrels? How?
2010: The Obama Miracle -- Economy rebounds all the way back-- Madoff is found innocent and is appointed to head the SEC--realtors crawl out from under rocks-
Where's Roccman to say, "Got Food?"
2010: inflationary holocaust
http://seekingalpha.com/article/118103-u-s-debt-default-dollar-collapse-altogether-likely
We're all fucked. Every last one of us.
I agree with BOHICA!
If things are this bad now, I can't even imagine what things will be like in 2010. The possibilities are absolutely spine-chilling.
It would have been different with McCain.
2010: "Hey, nice house! What are you asking? I'll give you 50%. Yes? Great! Do you take Krugerrands?"
news december 2010
1. Glass-Steagall re-enacted after 30 trillion in bailout money spent.
2. Global warming blamed for yet, another massive ice and snowstorm in London.
3. Foodlines now featuring, "Alpo for Kids", the new wonder-food!
4. Obama made, "pope", "ayatollah", and "grand-dragon" in ceremony proclaiming his greatness.
5. Dick Cheney announces his run for the presidency after successful heart-transplant, chooses Sarah Palin as running-mate.
6. Digital television delayed once again, as critics claim it rots the human brain.
7. Tainted cat toys from China blamed in millions of cat deaths, Americans so outraged they point finger.
8. New Democrat initiative passed into law, requiring all people in the United States to be gay.
9. Oprah show abruptly cancelled after she inadvertently refers President Obama as, "bro".
10. Dow Jones falls again, but holding steady near 1000. In a related story mass broker suicide as 10 jump from NY firm window.
Message to Obamacrap ( yeah, I am not afraid of calling him that as I am not white):
Stop trying to sugarcoat things. State things as they are and use all law enforcement capabilities to bring the guilty to book and tried in courts of law. When the public and the world see that America is not just empty words or BS, they will have faith and start investing in America agin. It will not mean an immediate end to our troubles , but it begins a whole new chapter and is away out of the mess.
Alternative: Print and pump in dollars till existing debt levels are lowered substantially and have the taxpayer cover the liabilities. Of course, it also implies that American hegemony over world affairs is lost for ever.
Keith
With you the whole way, you've been spot on throughout. Bravo!
Somebody posted on HP a while back that "America isn't a country, it's a game" and I think that's about right.
DIE U PIGS is right. Guns, ammo, and stored food is the only solution...
2009: The term, "blowing up," is re-defined. Americans become re-acquainted with the old axiom, "No matter how bad you think things are, they can always get worse."
2010: The US begins to resemble the 1980s Soviet Union.
2011: Political assassinations return to the United States.
'Round and 'round she goes, where she stops, nobody knows.
2010: "This internet site is unavailable for viewing by order of the Homeland Security's newly established Board of Consumer Confidence Rebuilding and The Housing Bubble Reflation Committee.
Subversive blogging is punishable by internment in the Malcontent Reconditioning Camps..."
Has anybody ever heard of a nice balance between labor and the employer ? There is a tendency for
things to swing from one extreme to another ,and each extreme isn't good.
Thesis and anti-thesis is the way of
the humans .
Nobody can say that the system that is crashing was right . It will bring a lot of pain to many World-wide .
The way I look at this is that it
had to get this bad for true needed change to take place .
How low will the High end go.
http://www.doctorhousingbubble.com
/option-arms-and-recast-shock-
syndrome-toxic-financial-products-
are-imploding-on-schedule-
examining-the-impact-
on-california/
Option ARMs are imploding like their subprime siblings.
The curious notion that option ARMs were “prime” products rested on the fact that these loans were made to folks with higher FICO scores.
This is simply absurd. I knew people making $30,000 a year with 700+ scores. Does that warrant a person like this buying a $500,000 home?
I keep remembering an article that I highlighted on May 3rd, 2007 where someone making $14,000 a year was able to qualify for a $720,000 loan.
The real estate agent told the buyers that they would be able to refinance the loan with more affordable terms.
Listen, you can offer them a 0 percent 50 year mortgage and the math still wouldn’t work.
Yet this is the mentality that permeated with the subprime and option ARM snake oil salesman contingent.
There was always a belief that you would be able to refinance or sell off your modified plywood granite countertop holder to some other schmuck for more money.
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