
You have to understand that the US Federal government now effectively controls one half of the mortgages in America. When you hear the pinheads on "Marketplace" yapping about the fine distinction between conservatorship and receivership, you can safely disregard that pish as serious posh. The government owns your houses, dudes and dudettes, and you're paying them for the privilege of living there. Consider this: although effectively nationalized, you're still paying interest. There's this word that starts with an S and rhymes with Nerf, but it escapes me at the moment. This in any case has all occured under a supposedly conservative administration. George W. Bush: biggest socialist in America. I love this land.
Tuesday, September 09, 2008
Grain Alcohol and Rainwater
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The Soviet States of America
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Socialism? Think further back. When they get in touch with AIPAC about taking a no-bid contract on mortgage-payment collections, we'll know the truth.
Time to party like it's 1299! Now that's conservative,
Consider this: although effectively nationalized, you're still paying interest
Um. When has this ever not been the case?
gawd as if I could become any less motivated. this makes me an even more apathetic slave.
there are only so many ways I've found to kill JFK. can anyone offer anything fun to do, you know, online? I already shot an 18 on mini-putt.
failblog.org and the comic Medium Large will probably appeal to your sense of humor.
Fellow IOZians, what are you doing to bring down the system?
I'm not paying $60K of student loans - hilariously "owned" by Fannie Mae!
C'mon? Anyone got something better?
I'm billing 40+ hours a week and working maybe 10 of those! maybe.
I'm commenting on blogs! The regime will tumble any day now.
My GPS can't seem to find this road...
So let me see if I got this right.
Obama wins and America once again takes its rightful place in the world as whatever.
McCain wins and America is done, over, etc. Seems like that would mean that there'll be nobody around to send my next mortgage payment to...
McCain/Palin '08!!!!
Begins with S and rhymes with Nerf....we're all Smurfs now? Oh...wait....now I get it.
Well, on the plus side, If I ever have to send jingle mail at least I can tell myself I'm stickin' it to The Man.
You're not. The taxpayers are going to be paying for it to keep Fannie and Freddie's stock price up for their foreign investors. Really want to stick it to the man? Tax evasion.
not that i do this, but still
George W. Bush: biggest socialist in America.
Well, except for the "still paying interest" part. Hmm, land rents... Perhaps he's the biggest Georgist in America. 'Cause, you know, that would be especially ironic.
Begins with S and rhymes with Nerf....we're all Smurfs now?
Afraid so, lysander. Hope that doesn't make you feel too blue.
"to keep Fannie and Freddie's stock price up for their foreign investors"
actually the way it looks now is that the stock prices have been forsaken. FRE at 88 cents today. FNA at 1.95. even the 'preferred' shares have collapsed.
it's the holders of the MBSs like SAFE (aka The Communist Party Pension Plan) that have been bailed out.
oh and coincidentally, I'm sure, the Company Store (Fed) started accepting mortgage securities as collateral earlier this year in a very 'successful' liquidification scheme.
so the Government's essentially bailing out the 'lender of last resort'. trippy
like I mentioned in a comment here a few days ago, the economy's a fairy tale: Rumpelstizchen.
@Rachel, jingle mail is better than tax evasion. For one it does the same thing; cost the government money. Yeah, they'll take it from someone else, but ditto for tax evasion. Just imagine if hundreds of thousands of upside down home owners defaulted at the same time...Actually, no need to imagine, just watch.
Second, they can't put you in jail for defaulting on your mortgage.
At least not yet.
Debtor's prison, here we come!
The debt holiday has been a great thing for politicos since the divine Julius. Of course, the local banking interests knifed him, but what the hell...note philanthropist and fudgecicle seller Wade Cook of the famous Wade Cook seminars recently reported to jail. Maybe he can find a way...John McCain will forgive your mortgage and fuck with China all in one. Show them how to top us in the Olympics. Bastards...
Seriously, I had missed the ontological implications of the takeover. At a certain level, it makes sense. At a certain level, most nonsense makes sense. If we stiff Fannie and Freddie, who cares? China, and T Boone Pickens?
Pinkos to the left of us, pinkos to the right....
I'm billing 40+ hours a week and working maybe 10 of those! maybe.
Mr. Fun,
Is that a joke? Because if not, why would you brag about stealing?
ah, the glorious days of the usufruct are returning. hail caesar!
awww anon@4:55am. . .if only it were that simple. cute, though. thanks for playing!
"why would you brag about stealing"
Sez a dude commenting on a blog during the workday. Lawd gawd.
well if I really wanted to get into it I would also say that I'm billing a public client. . .and on weekends I ride my bike around my Municipality thinking, "go ahead, hit me: your taxes will pay for my health care bills. hell, they paid for this helmet, these tires, my new kit."
It's the Circle of Liiiiife! sing it.
ps. they love me around here.
and blogging is entirely a coping mechanism. I walk by my bosses cube and he's always on hotmail or playing minesweep. wtf? minesweep? or answering his kinda-abused fiance's (incessant) phone calls in the middle of the day by jokingly/lovingly mis-pronouncing his own name. the tone he uses, why, it's the same I use when my mom calls the office and I'm forced to pick up. anyway, doesn't he realize he could be blowing JFK's brains out? or arguing for anarchy on a blog? what a lame-o. also, he's from Pittsburgh.
It's the Circle of Liiiiife!
Mr. Fun! You hella on fire in this thread, dogg!
Apropos the 4:55 ak-emma AnonyMouse: I'd call it 'expropriating the expropriators' and yeah, I'd brag. But then, pink is way too pale a shade for me.
/we's singing it/ It's the Annular Ring of Liiiife!
Hey, I gotta new recipe for Cheetoes, instant onion soup casserole.
@ mandt: Now, there's a thought. If Monsieur doesn't resume giving us some Friday food pretty soon, I'm going to start putting my favorite advanced recipes into random comment threads that day. Wait 'til you all get a load of my [Two Hot Dogs in the Microwave]™ recipe!
Msr. IOZ, consider yourself "on notice" ...
Minesweep? Couldn't he just run around the office rolling a hoop with a stick?
Ioz has the bestest commentors in the whole blawg world. I, too am guilty of sometimes blawging when I shouldn't.
When you "shouldn't" is exactly when you must, Brian! Aslo: 35 in the fast lane.
Phillip: that Mr. Fun, he on fire in every thread, yo. He be burnin bright like a Tyger in the forests of the night n shit.
"why would you brag about stealing"
Actually, I think the pertinent questions is, what do you do and how do I go about doing it?
Paul....I am doing enough by driving 65 in the slow lane. :) (Confession-I do so now because I drive an extraordinarily inefficient little rice rocket and premium gasoline is EXPENSIVE, man...not because I wanna make an anarchist-revolutionary statement!)
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