Friday, April 25, 2008

About The Blogosphere

Ewww, not the blogosphere! Better put our ears to the blogosphere and see what people are saying? Considering the random blatherings of the average blogger, that would be as informative as trending the music purchases of 12yr olds. You can guess they are probably buying a lot of Hannah Montana and no so much Rolling Stones.

So which pretentious asshole decided he was cool enough to become a cyberlebrity by calling the digressive thoughts of morons (like you and me) some quirky little homosexual sounding term like "blogosphere".

Why not just call it the Assholes&ElbowSphere?

The next time I hear the term Bolgosphere i'm gonna loose it. Kinda like people saying "Newbie" all the damned time. fuggin newbs...

;-)

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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?