Wednesday, January 2, 2008

Should Don Imus run for president?

Well, he's go the cover of NewsMax. Not sure that's the same thing as People or not, but hey, it's a cover. In any case, it would be an interesting race. Independent? Republican? Democrat?

Most likely the green party, but hey, that could just be his hat talking. Why not, he's famous. He's controversial even if it's just becuase Al Sharpton can't take a joke. Alright, that wasn't fair. Al Sharpton can take a joke. Al has to love Imus. W/o Imus, Al would have been unable to get more TV time!

Isn't it fun how the different characters intertwine to make each others popularity spike and fade and then start all over again?
Posted by Blog Friend at 9:27 AM

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The Mortgage Crisis

The mortgage crisis could not have been an accident. The people that "approved" the mortgages KNEW that:

  1. Were going to have prohibitive payments in 12 to 24 months
  2. Were going to be on property worth far less than what they sold for within 12 to 24 months
  3. Would be forclosed on because they couldn't sell for the amount of the mortgage

Bankers blame it on homeowners making bad decisions or not having foresight. However, those bankers get very uncomfortable when you point out that these mortgage were all approved by bankers that get PAID to know the market and it's trends.

When you point out that regular people like you and I saw this coming back in 2004/2005, they start to tap their fingers and look around nervously.

The short answer is that they set us up and we don't know "why".

Mortgages traditionally require people prove they can make the payments even when the market is not headed down. The banks knew exactly what they were doing...

The Media On It's Knees

Why is it that the mainstream media is clamoring on their knees in front of Obama as if their unwarranted affection will somehow lower his zipper and give them what they so desperately seem to want?