Thursday, September 20, 2007

Creating More Enemies

Republican Congressman Peter King demonstrates bigotry and religious persecution.

Here he is last year, talking about how safe Baghdad is. He cites the example of amusement parks that are up and running, and filled with smiling happy people.


At 8:53 AM, Anonymous Anonymous said...

Those assclowns in congreffs really crack me up. I wonder if they know how people see them?

At 9:05 AM, Anonymous Anonymous said...

Hey wease, have you been watching the congressional hearings? Barf-o-rama!

At 9:25 AM, Blogger Weaseldog said...

I haven't watched them lately. I'm close to my barf limit already.

I did find a video of what Peter King saw when he visited Iraq.

At 9:39 AM, Anonymous Anonymous said...

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At 9:45 AM, Anonymous Anonymous said...

Those bugaloos really piss me off. ::grimace::;-)

At 9:47 AM, Anonymous Anonymous said...


At 9:50 AM, Blogger Weaseldog said...

At least the Fed is doing something about the current foreclosure problem.

They say they are doing everything they can to help.

They are doing satisfaction surveys and in about a year, they'll think of some things that they can do.

Then they'll come back to a future congressional hearing and talk about the things they could do.

At 9:56 AM, Anonymous Anonymous said...

At least the Fed is doing something about the current foreclosure problem.

Yeah, they are saving the bankers at everyone else's expense. ::grimace::

At 10:26 AM, Anonymous Anonymous said...

Seriously wease, I hope you are kidding about them wanting to help the poor overstretched homeowner. After they keep wages down, export all the good jobs, and load everyone up with debt, you don't really think they are trying to help J6P, do you?

At 10:32 AM, Blogger Weaseldog said...

Pffft,,, taking user satisfaction surveys and coming back to report ideas, isn't helping....

"What you are doing is the opposite of helping." - Shrek

At 10:45 AM, Anonymous Anonymous said...

That's what I thought.

At 12:39 PM, Anonymous Anonymous said...

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At 12:40 PM, Anonymous Anonymous said...


At 12:46 PM, Blogger Weaseldog said...

Interesting video. Greenspan was never one of us.

At 7:44 AM, Anonymous Anonymous said...

Greenspan was never one of us.

True, but oddly enough he seems concerned about what the rabble thinks of him. Curious. I think it is a sign of dementia or something. You stick it to the people all your life, but it is important to you that they love you for it? Or it is important to you that they believe the lie, that you are one of them? The man is seriously dorked up in the head.

At 4:53 PM, Blogger The North Coast said...

Just one little thing, Wease.

Why SHOULD the Fed help poor, overstretched homeowners. With the exception of those borrowers who were genuinely defrauded (a small percentage), these people knew or should have known that they could not afford the houses they were buying, and were counting on everlasting house inflation to bail them out of their oversized mortgages.

I won't cut people breaks for lack of education or financial literacy. People know what they can afford to pay and what they can't, and when you make $20K a year, you can usually 2+2 add well enough to figure out that you cannot afford a $500K house.

I'm one of the people who sat out this runup awaiting my chance to buy with an honest 30-year fixed, and have had to endure the smugness of new homeowners who bought places around here with 2/28s and IOs and every other sort of devil mortgage, meanwhile jibing at me, "What's wrong? Can't you AFFORD to buy?"

Well, it looks like they couldn't exactly afford to buy, either, or at least not at the insanely inflated prices this stuff was offered at. One smug idiot boasted on the local blogs of his $65K income and how he was buying $350K condos to speculate, and said that he was able to buy because of his superior skills and intellect. Haven't heard anything out of this smug bastard lately.

I am not an affluent person, and don't believe I should be taxed to help out needy homedebtors who went over their heads. Many of these people are much better off than I am. Should I be taxed to help them out?

As it is, the Fed cuts are helping to decimate our currency and thus make my life vastly more expensive in a futile attempt to expand the bubble.

Let it burst. The sooner we get it over with the sooner we can start on the road to recovery. The longer we prolong the credit spree, the worse it will be when the day arrives when it can no longer be supported in any manner.

At 5:47 AM, Blogger Weaseldog said...

The North Coast, it isn't working out that way though, is it?

The Fed is allowing the banks to produce money beyond the 1:10 ratio rule now.

Congress has been passing a variety of bailout bills.

Further, the banks get titles to homes, businesses and land. They profit twice.

The banks that started this mess are getting Corporate Welfare Queen bailouts. While the people who are losing their homes, have to pay several times over. They lose any equity they have. They lose the home and land. They get higher taxes. They get runaway inflation.


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