What makes this even sadder, this is from a Canadian website. I'm sure I can find the same elsewhere, just find it interesting that this is being discussed in Canada.
http://www.youtube.com/watch?v=cMnSp4qEXNM&feature=player_embedded
Starting in 2001, the warnings from different sources in government and economics and how people like Barney Frank kept fighting to protect their pet projects.
Showing posts with label mortgage crisis. Show all posts
Showing posts with label mortgage crisis. Show all posts
Tuesday, August 11, 2009
Wednesday, April 8, 2009
Thanks (funny for the day)
Dear President Obama,
Thank you for helping my neighbors with their mortgage payments.
You know the one's down the street who in the good times purchased
their house for no money down, refinanced it several times, then
bought SUV's, ATV's, RV's, a pool, a big screen plasma TV, two Wave
Runners, a boat, and a Harley. I was wondering, since I am paying my
mortgage and theirs, could you arrange for me to borrow the
Harley now and then?
Signed:
"Concerned in GA *."
P. S. They also need help with their credit cards, when do
you want me to start making those payments?
P. P. S. I almost forgot - they didn't file their income tax return
this year. Should I go ahead and file for them or will you
be appointing them to cabinet posts?
Thank you for helping my neighbors with their mortgage payments.
You know the one's down the street who in the good times purchased
their house for no money down, refinanced it several times, then
bought SUV's, ATV's, RV's, a pool, a big screen plasma TV, two Wave
Runners, a boat, and a Harley. I was wondering, since I am paying my
mortgage and theirs, could you arrange for me to borrow the
Harley now and then?
Signed:
"Concerned in GA *."
P. S. They also need help with their credit cards, when do
you want me to start making those payments?
P. P. S. I almost forgot - they didn't file their income tax return
this year. Should I go ahead and file for them or will you
be appointing them to cabinet posts?
Tuesday, February 24, 2009
Running Total
I'm going to put this in my header so it'll be right in front of ya when ever you visit.
$350 billion Spring of 2008 Bush's little stimulus porky
$700 billion Fall 2008/Spring 2009 Auto/Financial bailout
$25 billion SCHIP - up to WHAT age??? And illegal aliens too???
$787 billion Spring 2009 Obama's Porkulus I (yes that is a Roman Numeral one cause there is a II coming)
$40 billion (or is it 50) Cram down - help pay for mortgages in mostly 5 states when we all pay our bills just fine.... I say let them rent.
$1 TRILLION Geitner's financial rescue plan that he won't announce any details of, just enough to keep the market nervous - bet ya thought the mortgage bailout was included HA!! And some estimates say up to $2 TRILLION, but I'm gonna low ball it here, just cause I am getting a headache.
$420 billion Obama's Porkulus II - there it is! Just announced. Although I'm sure that amount will go up.
I think I'm missing something....
Oh yeah, the $3.6 TRILLION budget itself! As if all the above wasn't enough.
hmmm what does that total? Oh yeah, $6.922 TRILLION. Change I can believe in may come from pan handling....
***note, have added the budget and updated the total ***
$350 billion Spring of 2008 Bush's little stimulus porky
$700 billion Fall 2008/Spring 2009 Auto/Financial bailout
$25 billion SCHIP - up to WHAT age??? And illegal aliens too???
$787 billion Spring 2009 Obama's Porkulus I (yes that is a Roman Numeral one cause there is a II coming)
$40 billion (or is it 50) Cram down - help pay for mortgages in mostly 5 states when we all pay our bills just fine.... I say let them rent.
$1 TRILLION Geitner's financial rescue plan that he won't announce any details of, just enough to keep the market nervous - bet ya thought the mortgage bailout was included HA!! And some estimates say up to $2 TRILLION, but I'm gonna low ball it here, just cause I am getting a headache.
$420 billion Obama's Porkulus II - there it is! Just announced. Although I'm sure that amount will go up.
I think I'm missing something....
Oh yeah, the $3.6 TRILLION budget itself! As if all the above wasn't enough.
hmmm what does that total? Oh yeah, $6.922 TRILLION. Change I can believe in may come from pan handling....
***note, have added the budget and updated the total ***
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