Deep Thoughts

McCain, Obama Decide to Murder the Free Market

Assholes. All of you.

Written on Tuesday, October 7th, 2008 by lorien1973 :: 2 Comments so far

John McCain, a Republican, decided that the free market no longer works. He thinks that the government can decide home prices. Where are the small government conservatives on this? Hey. McCain did well. He did okay. He didn’t suck. It was boring. Free market traitors.

So, those of us who pay our mortgage and our taxes; get to pay the mortgage of other people too. That’s awesome. After we’re already asked to give out $700 billion to investment companies, we are asked to give up $300 billion more to people who can’t pay their mortgages? What ever happened to personal responsibility.

Hey. My car payment is a little too high. Can I get a government bailout for that too? Pander to me!

Oh, and Obama. You asshole. You call tax increases “spending cuts” or “revenue enhancements” to pay for your crap too. Hey. How about asking people to pay their own way through life? Did you know that the states with the slowest growth (or in recession) are - not coincidentally - the ones with the most government spending? Gee. Ya think there is some sort of correlation.

This country is $10 trillion in debt. We have a $400 billion budget deficit every year. This government takes $10,000 from every man woman and child in this country. Hey, jerk off. It’s not a “revenue” problem. It’s a spending problem. Consider cutting some. And, no, not by “revenue enhancements”

So together, McCain and Obama decide that murdering the free market to win an election is the way to go. And either of them have the nerve to invoke Reagan or JFK.

Why bother voting at all? Republicans = Democrats = Socialists. Is the only difference between them the status of a woman’s uterus?

Economic Bailout Plan: Plans within Plans

Gateway to Socialism

Written on Friday, October 3rd, 2008 by lorien1973 :: 1 Comment so far

Well, the bailout bill passed. Who would have known that the Wayan Brothers were just ahead of their time?

Who, apparently, has more money than they know what to do with? The Gubmint! That’s who. They just willed $700 billion out of thin air to help out people who made bad choices. Ya know, maybe just perhaps, if the government would stop subsidizing bad behavior, they wouldn’t have to do this so often. Ya think?

I’m sure you’ll be shocked to hear that now we are told $700 billion won’t be enough.

“At best, we can hope that it stems some of the more intense risk from the credit crisis. It prevents things from spiraling out of hand here,” said JPMorgan Chase economist Michael Feroli.

Some are worried, though, that the plan will not work at all.

“Nobody knows how it’s going to succeed,” said Howard Simons, strategist with Bianco Research in Chicago. “It seems the American public had better sense than Wall Street and Washington — the American public said, don’t throw good money after bad.”

Well, that might have been nice to know yesterday. But hey, thanks for letting us know at all!

The real question is; if $700 billion was okay, why didn’t they just approve $1.4 trillion, or maybe $20 trillion to make the economy just awesome! What? Inflation you say. Don’t talk about that? Suddenly making $700 billion dollars appear out of nowhere isn’t inflationary. Of course it’s not. What? The dollar will drop? Nope, again, making $700 billion appear out of nowhere won’t make that happen either. Which also, means, of course, that the price of oil won’t rise either. Look at all the bullets we just dodged. Isn’t it awesome?

But at least they fixed the underlying problems. So that this won’t happen again.

Further, according to House Oversight Committee staff, Emanuel has received assurances from Pelosi that she will not allow what he termed a “witch hunt” to take place during the next Congressional session over the role Fannie Mae and Freddie Mac played in the economic crisis.

Oh Wait. Nevermind. They aren’t going to fix it.

Ask yourself. If a Republican or Republicans were at the heart of this crisis, would there be investigations by the Democrats. Of course there would. What does that tell you?

Rep. Barney Frank (D., Mass.): I worry, frankly, that there’s a tension here. The more people, in my judgment, exaggerate a threat of safety and soundness, the more people conjure up the possibility of serious financial losses to the Treasury, which I do not see. I think we see entities that are fundamentally sound financially and withstand some of the disaster scenarios. . .

That’s Barney Frank, who is involved with a former chief executive at Fannie Mae. Conflict of Interest? Of course not! He’s a democrat! Silly.

Chris Dodd (D) getting sweetheart loans from Countrywide? Is this a problem? Nope! He’s a democrat!

Maxine Waters (D), Gregory Meeks (D) getting lobby money from Fannie Mae? Problem? Nope! Democrats.

Well at least these people who have conflict of interests and are getting money from Fannie/Freddie didn’t write the bailout bill, right? Nope. Oh man, not looking good is it?

Here’s a great summary of how this crisis happened.

The government is refusing to fix the cause of the problem. Instead, all they are doing is removing the Moral Hazard. If Washington does not fix the CRA to ensure this doesn’t happen again, we are going to be here again in a few years - and it’ll be worse the next time around. Count on it.

On the plus side, murder is only difficult the first time around. The next time they come screaming for money, it’ll be easier. So there’s that.

This isn’t a solution. This is a gateway to a bigger problem.

Update: Shoot yourself. Get a house!

“We’re going to forgive whatever outstanding balance she had on the loan and give her the house,” Faith said. “Given the circumstances, we think it’s appropriate.”

Bullet: 20 Cents
Free healthcare from the government: Free!
Getting a home for not paying your bills and trying to off yourself: Priceless!

(H/T: Hotair)

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