Thursday, February 5, 2009

DirectTV Bailout Details

I'd like to submit my request for a bailout.  You see, I'm trying to find a spending package that fits into the so called "stimulus package" that works.  So far, my DirectTV item is the most consistant I've thought up.

You see, although I don't need a new DVR, I wouldn't mind having one.  It would certainly modernize the current Tivo setup.  However, the devices, however "forward thinking" and "modernized" s they are, do cost money.  But, since the current administration seems to think of spending money on ancilary items as stimulus, I very well should qualify.

I'd like to replace both of my Tivo units with the newest HD DVR models that DirectTV now offers.  However, I don't wish to spend the money.  In short, the purchase is entirely unnecessary.  But, the DVRs are newer than the perfectly functional ones that we currently have.

So, my proposal is that 1 billion dollars be set aside for my tivo upgrade.  

DirectTV HD DVR $199 (x2)
Shipping
Installation
Time & Productivity Lost Watching TV (tivo)
$1,000,000,000

I understand that the cost of this partucular stimulus is about $398 before shipping.  However, if the government wants to waste money, It would be unpatriotic to submit a request for $398 or an unnecessary purchase when you can just ask for a billion....
Posted by Blog Friend at 11:14 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?