Monday, January 19, 2009

txt message of the day

so i'm minding my own business, working out in the shop when my phone lets me know there is a txt message. as i open the screen, it reads:

Happy James Earl Ray day!

After a moment of confusion, I realize this has to be associated to MLK in some manner. My first thought was that MLK was a made up name like the guy that invented kwanzaa in prison in the 60s. i know he changed his name after he got out of prison and tried to screw up christmas for the whitey that he hated so much.

So, i did a little google search, and realized quickly that james earl ray was not the birthname of MLK but rather the name of the guy that assassinated him. Of course, this txt came from a friend in califorina. so to everybody that thinks only rednecks live in oklahoma, there must be some that snuck into california. dont be so suprised. from what i see on the news, califorina lets anybody sneak in. it's kinda a california thing ya know!
Posted by Blog Friend at 12:05 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?