Get ready to buy everyone’s home improvements
posted at 9:40 am on March 5, 2009 by Ed Morrissey
People opposed to the mortgage bailout have erupted in anger over the thought of having to subsidize their neighbors’ house payments when they’ve responsibly managed their own housing decisions. Diana Olick tells her CNBC readers and viewers that that’s not all we’ll subsidize. Thanks to a little-remarked portion of the bill, we’ll pay for their home-equity seconds as well.
Paragraph vi of the bill states:
While eligibly loan modifications will not require any participation by second lien holders, the program will include additional incentives to extinguish second liens on loans modified under the program in order to reduce the overall indebtedness of the borrower and improve loan performance. Servicers will be eligible to receive compensation when they contact second lien holders and extinguish valid junior liens. Servicers will be reimbursed for the release according to the specified schedule, and will also receive an extra $250 for obtaining a release of a valid second lien.
Olick erupts:
It’s not that I don’t get the reasoning. Sure, do all you can to help people pay their mortgage, like get rid of other debt. By why stop there? What about car loans? Student loans?? The second liens, in general, were used by borrowers to either buy more home than they could really afford or to use their homes as ATM machines. Yes, some people use home equity lines of credit to pay college tuition.
But I can’t tell you how many homeowners I’ve interviewed (and just take a look at David Faber’s documentary House of Cards to see more) who took out home equity lines to put in a pool or buy a fancy car or put an addition on the house that includes a fancy new kitchen with a Viking six-burner. And I’m supposed to pay for all that?
It’s one thing to suck up the bitter pill in order to save the greater housing market and keep families in their homes, but using taxpayer dollars to give homeowners a free ride on second liens is preposterous.
I know that I’ve been putting off some home improvements for some time to avoid taking out a second on my house. I’ve spent cash in savings instead to do things that I couldn’t avoid, like replacing the plumbing in my house when it went bad and getting a new sliding back door when the double-pane seal failed on the old one (and those who live in cold-weather climes know what that would mean). I replaced my roof with a combination of insurance and savings when a windstorm damaged it beyond repair. I’d like to replace the 15-year-plus carpeting in my house, or perhaps replace my eight-year-old car at some point, but I haven’t wanted to assume that debt.
Now I get to assume the debts of everyone who did decide to do all of these things to their own homes by pulling out equity that they didn’t really have. Maybe I can get a list of everyone who qualifies under Paragraph vi, so I can go to their house and enjoy their new carpets, their new barbecue grills, or their enclosed four-season decks. After all, I’m paying for them — I should get the opportunity to enjoy them.
Blowback
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Who is my master? That would be me….wierd.
DeathToMediaHacks on March 5, 2009 at 12:08 PM
There’s change I can get behind. Ed, you’re a chump. I’ve been waiting 10 years to replace my carpet (the kids have killed it). That tile coming up in the master bathroom; soon to be Italian marble. Dream kitchen, now it’s a real kitchen (bye bye 20 year old cabinets, floor and stove). I’m going to Home Depot, bitches. Gimme my bail out money, I’m sick of waiting on my home repairs. Ooo, now I can replace that old POS Buick with a brand new Lexus. Savings, I don’t need no stinking savings. I’m applying for a
second mortgagebailout.Wait, if my husband and I work and only owe about 30% of our modest home’s value, we can get a bailout. Right???
;)
Laura in Maryland on March 5, 2009 at 12:10 PM
He’s Soros’ lapdog. If he were housebroken and better socialized, maybe he and your collie could have a playdate.
Laura in Maryland on March 5, 2009 at 12:12 PM
And your schtick is to copy the schticks of others.
MEGAPHAIL.
fossten on March 5, 2009 at 12:15 PM
DTMH, you don’t seem to know your audience here. Most of the stories and comments after said stories concerning Wall Street bailouts met with similar disappointment and anger around here. And don’t confuse my not wanting the ‘rich’ (not to be confused with the fabulously-well-to-do) to get overly taxed which could jeopardize my job when said ‘rich’ people stop patronizing my place of employment or lay off or fold up or move their business and fire employees that also patronize my place of employment. Or my new wife’s.
And since I got divorced in 2005 and sold my house soon after when I realized I couldn’t afford it and have been renting ever since, I have NO sympathy for people who got themselves into a mess with their mortgage. But propping up their mortgages keeps the prices of houses ARTIFICIALLY high. The bubble needs to burst. And then all those forclosed houses will be more affordable to all those responsible renters out there that have been looking for prices to come back down to where they belong. We can all swap places. Those jackholes who screwed up their mortgages can move into the vacated apartements and we’ll move into the more affordable houses. As it should be.
oddjob1138 on March 5, 2009 at 12:16 PM
There it is, everyone. SELF — on the thrown (where God belongs). Thank you for correctly identifying your god.
My collie says:
Self — the anti-thesis of Love.
P.S. It’s spelled weird, not wierd. For someone who purports to be an intellectual, you really SHOULD learn how to spell.
CyberCipher on March 5, 2009 at 12:17 PM
I’m not affiliated with the GOP. The closest tie I have is my membership to the NRA. In my opinion, the GOP is way too close to the center to be productive. So your first sentence is worthless to a true conservative, blurring the lines between the GOP and the Donkeys have no effect on me.
And your other sentences, they just prove everything I’ve said about tying you to the dems.
Why should the rest of the country abandon the foundation of the country (capitalism and liberty) and run towards your ideology? Since you and your kind (oppressive totalitarian fake utopia scumbags) are an extremely small minority, and could never get the shift you’re asking for without a carefully crafted housing crisis resulting in complete destruction of the economy, and inviting the slow but sure removal of civil liberties guaranteed to the citizens of the country (AKA: trickery), why not just leave the country to go to a socialist country? Why are you trying to force your authoritarian beliefs on us?
Your kind are the lowest scum of the earth. You understand full and well that people would never knowingly give up their rights, so you have to trick the dumbest part of the population into voting away their rights. Gee, that’s so thoughtful of you. It’s obvious you’re “for the people”.
Furthermore, why shouldn’t you be executed for your role in the destruction of a free society? By statute, you’re an enemy of the United States.
leetpriest on March 5, 2009 at 12:19 PM
He can’t tell you what you want to know. He doesn’t know himself. He’s possessed with the spirit of something evil, but he acquired it from the common culture around him everyday, drip by drip. He’s a product of something we have to battle, and there are many like him. At most he’s a foot soldier.
JiangxiDad on March 5, 2009 at 12:21 PM
CyberCipher on March 5, 2009 at 12:06 PM
He’s just upset that your collie is more eloquent than he is.
MarkTheGreat on March 5, 2009 at 12:21 PM
No it’s not. Under your proposed authoritarian socialist rule, your master would be the government. So at the current moment, you must understand that yes, you are your master, but since you voted for a socialist who will implement socialist rule, you have ultimately voted your own freedom away, as well as control of your own life.
You’ll do what the government tells you to, slave.
leetpriest on March 5, 2009 at 12:22 PM
I wouldn’t put DTMH anywhere close to the intellect or eloquence that a collie has.
Even a dog knows that they have to sit to get a treat. DTMH seems to think that he’s entitled to a treat simply because he exists.
leetpriest on March 5, 2009 at 12:24 PM
I spend half a fortune in 2007 to make our old farm house livable in our now retirement years. That investment appears to be gone in the housing/mortgage crisis. Now with my retirement saving 40% lower, my home worth much less, our need to cut back our spending, our tax dollars are going to bailout those that overextended themselves on their 1st and now their 2nd mortgage.
I’m trying to refinance my very low interest rate 2nd and combine it with my low fixed first to get out of our HELOC with hyperinflation looming in the future; I may not be able to do so since my house value has tanked even with my investment in it. To kick dirt in my face, my county and state real estate taxes have leaped as has my insurance costs because of our improvements. And we have tax cheats in Obama’s cabinet.
I would like to punch a bunch of people in the nose so darn bad so they will finally see some consequences even if I have to smile all the way to jail. Think a jury of my angry peers would convict me?
amr on March 5, 2009 at 12:25 PM
This thread has taken an odd turn.
DrSteve on March 5, 2009 at 12:31 PM
People are fed up with wacko liberals like DTMH spewing their propaganda.
fossten on March 5, 2009 at 12:33 PM
I was wondering when someone would propose I was posessed by demon spirits, Jiangxi you’re kind of nuts man. Chill pill, invest in one.
DeathToMediaHacks on March 5, 2009 at 12:34 PM
Not the biblical type(although many here would argue that), the Pol Pot type.
JiangxiDad on March 5, 2009 at 12:35 PM
Yeah, it’s kind of freaking me out.
patriette on March 5, 2009 at 12:36 PM
I said it on another thread but I’ll say it again. Why does it unnerve people so to read a different perspective. It suggests an insecurity and fearfulness. I mean “posessed by something evil” that’s the kind of thing people say before excorcism. I get why Jindal’s so popular around here now.
DeathToMediaHacks on March 5, 2009 at 12:36 PM
That’s a cute little spin you put on there. Too bad you can’t put the effort that you put into spinning Jiangxidad’s statement into an intelligent rebuttal.
Oh wait, you don’t have one. Coward.
leetpriest on March 5, 2009 at 12:37 PM
My collie says:
Even the demons have standards, ya’ know.
CyberCipher on March 5, 2009 at 12:37 PM
I’m like Harry Kissinger? That’s low man. Oh wait you were suggesting I’ve been imbibed with the spirit of a genocidal maniac? That’s just insane.
DeathToMediaHacks on March 5, 2009 at 12:37 PM
People don’t like the oppression of a socialist government. Not everyone wants to be good little citizens and do what Daddy Barack says.
Get used to it. People like their freedoms.
leetpriest on March 5, 2009 at 12:38 PM
What intelligent rebuttal is there to someone saying “you are posessed by something evil” other than “no,” “you’re a loon.”
BTW I get what he’s actually saying, I represent something that’s gone wrong in our culture. It’s just another way saying the same tired things conservatives wail about. People who are a little different are “confused.” Conformity only!
DeathToMediaHacks on March 5, 2009 at 12:39 PM
grin.
JiangxiDad on March 5, 2009 at 12:40 PM
unnerved? nah. amused, perhaps. i will admit to a perhaps futile desire to see you employ reason and logic, rather than obfuscation and propaganda, in your debates. but i wouldn’t necessarily attribute your talking points to demon possession.
patriette on March 5, 2009 at 12:41 PM
DTMH, speaking of an intellectual response, I am still waiting for one. Maybe if I pretend to be a dog, I can get your attention.
Jvette on March 5, 2009 at 12:43 PM
What happens if everybody simply misses a mortgage payment for a month or two, in protest, or perhaps until this nonsense proposal is dropped?
The banks would pretty quickly be letting the White House know all about it.
Martin on March 5, 2009 at 12:43 PM
Amusement is where you should be. It’s where I am 90% of the time I post on this board. 100% when I talk to CC’s collie in the voice of my beautiful doggie (hi Niecy!). But some of your compatriots need to find the fun a little bit. We all like a little snark, but for some reason certain people are all up in the kool aid and personal about stuff. It’s not even that serious.
DeathToMediaHacks on March 5, 2009 at 12:43 PM
Stop peeing on my leg or you won’t get any treats.
DeathToMediaHacks on March 5, 2009 at 12:44 PM
Stop playing the victim. Gay and black get you zero points.
Stop trying to change me, I was born this way. LOL
JiangxiDad on March 5, 2009 at 12:44 PM
I don’t know I think being gay and black is kind of awesome, the hateration does not become you.
DeathToMediaHacks on March 5, 2009 at 12:46 PM
Death,
If there is one thing we can agree on in this world, it is the value of snark. Bring it!
patriette on March 5, 2009 at 12:47 PM
rockmom and DTMH: “BTW, I agree with you about the whining rich people. It is a bit unseemly to cry about a tax rate going up from 35% to 39%. I don’t know why conservatives always paint themselves into a corner defending the affluent.”
I will try to make this as simple as possible: The tax code MAKES the economic classes in this country.
There are 4 basic ways to become wealthy in America(outside of John Edwards-type slimy litigation):
1. Be a movie star/athelete/inheritor and get all your money in huge chunks. This is not available to many people.
2. Start a business.
3. Invest over time, counting on your money working for YOU in the stock market.
4. Slowly build your income over time.
High upper tax rates hurt #2 and #4. When your income gets to a certain level you hit a 40% WALL which makes it hard to become wealthy.
High capital gains rates hurt #3. Those rates don’t affect people with $100 million invested as much as it hurts those with 500k invested.
So keep pushing for those “taxes on the rich”, you are erecting a roadblock for yourself.
DavidM on March 5, 2009 at 12:48 PM
I HATE all liberals. Gays and blacks I take as they come, same as anyone.
JiangxiDad on March 5, 2009 at 12:48 PM
Looks like the War on Some Drugs is about to be stepped up a notch.
There’s a bill in the House Energy and Commerce Committee to put tobacco under the control of the FDA.
http://www.washingtonpost.com/wp-dyn/content/article/2009/03/03/AR2009030303661.html
MarkTheGreat on March 5, 2009 at 12:49 PM
DTMH, nice.
Jvette on March 5, 2009 at 12:49 PM
The guy next door bought a bigger house next to me 5 years ago. When the market went up he went out and bought a new 4×4 truck, 3 quads, and a Harley. I know he and his wife make less than we do and they have 2 kids. he now owns a 250k home with a 375k mortgage. I was talking to him a couple of days ago and he said he was struggling to pay for everything. I asked him if he was going to sell some of his toys and he looked at me like I was crazy. He said he was just going to wait till it got bad enough to get a bail out. I almost threw up on his professionally designed landscape.
Badbrucskie on March 5, 2009 at 12:49 PM
If not gay or black, in what other way are you a little different? I can see you 24/7 by turning on the tv.
JiangxiDad on March 5, 2009 at 12:49 PM
Dude, truth hurts. Just accept that as a socialist, your drive towards enslaving a population is considered….well….evil.
No you don’t. What he’s saying is that the spirit of socialism, your ideology, is evil. We’re not comparing apples and apples here, socialism is not an alternative to capitalism, it’s false utopianism and the brain-child of potential slave-drivers.
Ever see “I Robot”? If you watch it with an open mind, you’ll notice that the robots take over “in the interest of preserving human life”, thus stripping humans of their freedoms and imprisoning them in their own homes. This is the same as any socialist government. You’ll tell people “I’ve got a gun in your mouth telling you how you will think, act, speak and believe……it’s for your own good.”
Sorry guy, most people call that slavery.
leetpriest on March 5, 2009 at 12:49 PM
My collie says:
DTMH, I guess you’ll just have to settle for being one of the many millions of ordinary, run-of-the-mill, mundane, dull, boring, tedious, and timid varieties of LOSER that I encounter nearly every day here in the socialist state of Seattle. You know — the kind that is wholly lacking in initiative, irrepressibly drab and awful, and completely and utterly forgettable. The kind that is totally devoid of ANY meaningful or noteworthy accomplishments within the entirety of their miserable, pathetic little existence.
Happy now?
CyberCipher on March 5, 2009 at 12:50 PM
In a socialist society, you’re only allowed to be gay and black if the government lets you.
That sure is tolerant!
leetpriest on March 5, 2009 at 12:51 PM
Over the top. Are you up for a Tony this year? Must you *always* chew scenery with such sturm and drang? I bet you know many perfectly lovely liberals. I boinked a conservative for a good 9 months before the whole, him hateing himself cause he thought he’d go to hell for being gay kind of ruined it. But he was/is a nice person. You’re just so cartoony about everything. Maybe you’re posessed, by the spirit of someone with a huge stick up their ass? (Waits for easy rejoinder).
DeathToMediaHacks on March 5, 2009 at 12:52 PM
You mean the same Seattle with one of the highest median incomes in the nation? Where do all these “losers” get their money from. I can see though how you’d be upset being in a diverse, multicultural place like Seattle.
DeathToMediaHacks on March 5, 2009 at 12:55 PM
Well…OK…are you saying that we’re headed towards that or something cause I can’t really take any of that seriously either. It’s a 4% increase in income taxes and a slight capital gains tax increase. Buck up, you sound hysterical.
DeathToMediaHacks on March 5, 2009 at 12:56 PM
Take your sick stories somewhere else.
Nobody gives a crap.
/barf
fossten on March 5, 2009 at 12:57 PM
Only someone with severe gay panic!!!! would look at the word “boink” and see it as some kind of explicit description of sexual practices. I do like seeing conservative gay panic!!! It’s amusing as hell.
DeathToMediaHacks on March 5, 2009 at 12:58 PM
In America’s new socialist order, it will be illegal to be anything other than gay and/or black.
Jvette on March 5, 2009 at 1:00 PM
Our collective (wink) dance skills will skyrocket. America will never lose an international reality TV dance contest again!
DeathToMediaHacks on March 5, 2009 at 1:01 PM
.
rockmom, Good luck with that…
.
In response to a Freedom of Information Act lawsuit filed by Bloomberg News, the Federal Reserve Board of Governors responded as reported today in Bloomberg.com today:
“…The Fed refused yesterday to disclose the names of the borrowers and the loans, alleging that it would cast “a stigma” on recipients of more than $1.9 trillion of emergency credit from U.S. taxpayers and the assets the central bank is accepting as collateral…”
.
The Freedom Of Information Act has lost its meaning- as has our country’s Constitution. The rules have changed, we no longer live in a functioning Constitutional Republic which is supposed to protect its citizens from the mob rule of a Democracy. For anyone who doesn’t know the difference, here’s the link to a great video from Wimp.com which explains it all.
NightmareOnKStreet on March 5, 2009 at 1:03 PM
So, I have found your intellectual level.
An honest refutation of your arguments gets nothing.
Pretend to be a dog and you respond.
Make an asinine comment about gays and blacks and you respond.
Jvette on March 5, 2009 at 1:04 PM
Wasn’t always the case. Things are changing. Don’t listen if you don’t like what you hear.
Thanks for sharing that cliche about your sex life. Was that on a mountain in Wyoming?
I think about whether I’ve becoming puritanical. And I’ve decided that I won’t surrender political control to social, sexual, and ethnic minorities who try to tell me what to believe. But other than that, you are free to live:)
JiangxiDad on March 5, 2009 at 1:08 PM
Yes — it matches the astronomical housing costs and tax rates here. Everyone here that is part of the middle class has been losing ground for quite some time. It’s simple arithmetic — but I wouldn’t expect you to understand, because liberals like you are incapable of balancing their checkbooks.
You’re supposed to end a question with a question mark, you nimnul. Answer: Boeing, Microsoft, shipyards teaming with trade from Asia, and the fishing and logging industry. ALL under attack by you socialists — Microsoft nearly driven out of the country by the Clinton administration, international trade collapsing because of the world economy, fishing and logging being driven out of existence by environmentalists, Boeing being driven out of state by high labor costs and the inability to compete with Airbus.
The last person to leave Seattle, please turn off the lights.
Try again, you buffoon. I’m white. My wife is Pacific Islander. That’s right. We’re a mixed race couple with different cultural backgrounds and different native tongues. We’re due for our first child next month — which is more than society will EVER get out of the likes of you and your “partners”.
CyberCipher on March 5, 2009 at 1:10 PM
Fail Prof. You tried to use the gay imagery as a weapon so that you could respond this way.
Take away your sexual attraction and your skin color and the Professor just disappears. You’re just a gust of wind. You know this. I just don’t happen to think it’s your fault–although there too we’re bound to disagree.
JiangxiDad on March 5, 2009 at 1:11 PM
First we kill off a bunch of the unborn; now we raise the taxes of the survivors sky-high.
Rockmom, if you’re still around, I’d advise you to take the money. You care about your kids’ education, which means they’ll probably be productive citizens, which means if our country somehow survives the next few years, they’ll be the ones stuck footing the bill for this mess. Why shouldn’t they get the benefit?
I still can’t believe there’s not SOME mechanism to recover some of the money — a lien on the house whenever it sells or is inherited, or a split on equity increase, or SOMETHING. And when you reflect that a handful of Dem states (CA, NV, FL, MI, — there’s one more, my memory fails me — was it newly-Dem VA?) will get the principal benefit, is this anything more than the ‘Democrat Vote Purchase Act of 2009′?
What happened to my country?
RegularJoe on March 5, 2009 at 1:19 PM
How great! Congratulations to you both, and good luck. Hope you invite the HA crowd to your house for a party :)
JiangxiDad on March 5, 2009 at 1:19 PM
CyberCipher on March 5, 2009 at 1:10 PM
Congratulations, brother. I’m glad the collie will have a playmate.
kingsjester on March 5, 2009 at 1:20 PM
The wife and I are currently sharing a 9-year old Mustang and dealing with 15 year old carpet in the house. We’re cutting back, tightening the belt, so can these idiots. Second mortgages should not be included, hell first mortgages should not be included!
smfoushee on March 5, 2009 at 1:20 PM
Good Lord!! It doesn’t take but one or two hijackers to get this discussion COMPLETELY OFF THE TOPIC does it? Gay & black, black & gay, who gives a rat’s hole what color or sexual orientation you are. Money is money. This thread is supposed to be about bailing out second mortgages and continuing the tradition of Obama’s opaque governing style. BECOMING UNHINGED BY BEING HIJACKED into MEANINGLESS & ENDLESS MANIPULATIVE OFF TOPIC debates IS FALLING INTO THE HANDS OF THE ENEMY: KING OBAMA. strong>
NightmareOnKStreet on March 5, 2009 at 1:22 PM
Guilty. Sorry. But so often the liberal point-of-view on any topic, financial or otherwise, is merely a cover to promote imagined minority rights.
JiangxiDad on March 5, 2009 at 1:26 PM
Haven’t been around DTMH much, have you?
My collie says:
Keep it up, DTHM. I’m sure that you’ll make Al and Jesse proud, you waste of human flesh, you.
CyberCipher on March 5, 2009 at 1:35 PM
SON OF A B*TCH. I HAVE PERFECT CREDIT. I SHOULD HAVE TAKEN OUT THE F*CKING 2ND LAST YEAR, I HAVE 50,000 IN EQUITY. IF I’D ONLY MORTGAGED MY HOUSE TO THE HILT, AND WUIT PAYING MY MORTGAGE, I WOULD NOW BE ELIGIBLE. THAT 50K COULD HAVE BEEN USED TO PAY MY COLLEGE LOANS.
I AM A SUCKER FOR PAYING MY TAXES AND NOW I AM PISSED.
The f*cking french revolution started as a tax revolt. F*ck this.
JustTruth101 on March 5, 2009 at 1:35 PM
Buck up to an increase in already too high taxes?!
Low Capital gains saves my ranch from going under. Govt intervention has reduced my competitiveness. To compete I now must be big ag. I must be a monopoly.
Keeping CG taxes low HELPS me stay in business.
Seattle-I lived in the Puget Sound area from the late ’80s off & on through the late ’90s.
I watched it change from a nice pastoral small-town atmosphere to a multi-cultural cesspool.
Renton WAS a nice place to live.
Bellevue WAS nice til prices skyrocketed so high I had to move to Monroe. Things got crazy there & I had to go to Fall City then Snoqualmie. I lived in Bothell near downtown on the slough & finally had to leave the state bcs I cold no longer afford to live ANYWHERE out there.
I loved Puget Sound til the nut cases from CA etc came in & RUINED it.
Everything got overpriced & overvalued.
You have a high income out there just about no matter where you work-but it costs all of it to live there.
In 1996-98 a dumpy house along the slough in Bothell with NO insulation (only heat came from a wood stove) 4 roommates & we were paying $900/month. No utilities included.
That was a GREAT deal then. I shudder to think how much it costs now.
Your multi-cultural heaven that is Seattle has never existed. The gay district, which I have been to on Queen Anne’s hill is a festering puss-bucket of filth & sexual perversity, right in the streets.
Even in Everett it was bad.
Seattle & the greater area is not a place I ever want to live in again-unless all the morons who screwed it up leave.
Badger40 on March 5, 2009 at 1:35 PM
You DO realize we are his only friends, don’t you?
anniekc on March 5, 2009 at 1:35 PM
DeathToMediaHacks is an Obama plant. He hires people to take threads off topic. It is DTMH’s job. Do not let him derail. Whenever you see him/it/whatever pop up, you KNOW this is something Obama does NOT want people to pay attention to. That’s why he tries to detract.
JustTruth101 on March 5, 2009 at 1:40 PM
DeathToMediaHacks on March 5, 2009 at 10:45 AM
Holy cow, I’m convinced. CNBC has given out bad investment advice in the past; so I should pay the mortgages of everyone who was too irresponsible to functionally handle their own budgets.
Why would I want to help the lady who got a 80,000 house, ran up mortgages to 300,000 and then blew all the cash leaving her unable to pay? Because CNBC gives bad investment advice?
And why would I listen to anything you say in the future? Because giraffes can’t swim very well.
Color me convinced. Now, given the new information; I’m going to go adopt some termites and paint their legs purple; to help the economy.
Actually, I’m off to the world of the rational, where cause and effect are related, and arguments aren’t random and bizarre. Sorry DMTH, I’m sure having someone talk at your level was fun while it lasted.
I mean… “Aaak, my tongue is dissolving in my mouth, so that means monkeys are funny”.
gekkobear on March 5, 2009 at 1:50 PM
JustTruth, BRILLIANT. You are worthy of your name.
NightmareOnKStreet on March 5, 2009 at 1:50 PM
.
JiangxiDad, precisely. As long as you give them any control over the discussion, WE, THE PEOPLE, LOSE
.
Think of them as the front end of your car being out of alignment-- you have to keep pulling it back into the middle of the road to STAY ALIVE. You don’t jump out of your car and engage in a discussion with your errant wheels, do you?
.
So, every time one of these asshats pulls to the left- try reacting with a strong correction to the right & straight back to the topic!
.
And while you’re writing, if you picture the trolls/MOBYs passing under your wheels, it helps diffuse the rage!
NightmareOnKStreet on March 5, 2009 at 1:56 PM
That’s the issue we real Conservatives have… You far left wack jobs see nothing wrong with The Messiah destroy America and attempt to remake it in his own image of welfare and womb to tomb nanny state… We will never agree.
Mark Garnett on March 5, 2009 at 2:01 PM
Dear Taxpayer,
Thank you for bailing out my mortgage. My house purchase exceeded my income, but it was such a beautiful home, I just had to buy it. I should have saved an emergency fund but I was too busy upgrading the granite countertops and taking a much-needed cruise. Who Knew?
Your generosity comes at a perfect time for me! Now I can purchase the 42″ flat screen tv for my bathroom and update my two-year old drapes in the living room.
Sincerely,
Dead Beat Homeowner
TN Mom on March 5, 2009 at 2:04 PM
Ed, this is creepy…except for the plumbing part (DH has been working minor fixes), do you LIVE WITH ME?
BTW, are we gonna replace all the windows in our houses? Because of the storm one of my windows got cracked and another one, a jackass in Halloween decided it was fun to break my daughter’s bedroom window. Let’s just let other people pay for it and get the windows done!
ProudPalinFan on March 5, 2009 at 2:06 PM
FIFY and ADDED MORE and sent it to DFMH!
Mark Garnett on March 5, 2009 at 2:11 PM
Mark Garnett on March 5, 2009 at 2:11 PM
:)
TN Mom on March 5, 2009 at 2:19 PM
And a recession that is only getting worse every time the socially popular President opens his mouth, and H.R. 45 in the house to allow the feds to more easily find all of the legal gun owners, and completely out of control federal spending, and a president with an “Enemies list”, and a president with aspirations to create a “civilian security force”, and an executive and legislative branch that want to stifle dissent by restricting opposing viewpoints through a law that targets only their enemies….etc…etc.
The list goes on and on. For someone that enjoys not being the government’s bitch, those are unacceptable acts. I wish I didn’t have to spell it out for you, I’m not sure whether you’re just a dumbass that didn’t know what I was referring to, or a dumbass that can’t argue against it.
leetpriest on March 5, 2009 at 2:19 PM
That would have been hilarious if it weren’t dead-on.
Laura in Maryland on March 5, 2009 at 2:21 PM
Yes, God forbid the taxpayers actually get to know which losers are getting our money — because that would be wrong.
You can’t make this $hit up.
AZCoyote on March 5, 2009 at 2:25 PM
FIFY
Mark Garnett on March 5, 2009 at 2:26 PM
Do we get their Home Depot and Lowe’s accounts too?
Seriously, this is outrageous.
newton on March 5, 2009 at 2:31 PM
Seattle: home of The Bachelor, aka the most hated man by chicks in America today. Typical leftist asshole who so embodies the spirit of the Obamatron holier than thou, libtard.
angryed on March 5, 2009 at 2:34 PM
I’ll give 100:1 odds that Olick voted for Obama. She can go to hell for all I care.
angryed on March 5, 2009 at 2:36 PM
.
AZCoyote, you got it!! You know what’s really creepy? My comments are being held (but WITHOUT any notification like we used to get that says “Your comment is being held for moderation” For 15 minutes I reposted it 4 times- even changing it so it wasn’t considered “a duplicate” and it never appeared. Suddenly it showed up as post #268 INSERTED between my previous post at 1:50 and Mark Garnett on March 5, 2009 at 2:01 PM
.
Just to be sure, I opened new windows each time and SAVED SCREENCAPS showing the timestamps. IT’S GETTING JUST LIKE YouTube here! LMAO!!
.
You know Ed, or whomever, if you’re going to hold comments, at least have the courtesy to tell us so we don’t spin our wheels thinking we or our computer are doing something wrong… .
Oh, I get it THAT’S THE PURPOSE- GET US TO SPIN OUR WHEELS, GET FRUSTRATED & GIVE UP. Straight out of Saul Alinsky’s Rules for Radicals…
NightmareOnKStreet on March 5, 2009 at 2:58 PM
Easy, Friend. My earlier comment was help up and landed in a weird spot too, but I don’t think I had anything Rated R to moderate. It may be that the site is having a fit, not our hosts. I’m just floating a possibility.
Laura in Maryland on March 5, 2009 at 3:03 PM
.
CHECK THIS OUT:
In response to a Freedom of Information Act lawsuit filed by Bloomberg News, the Federal Reserve Board of Governors responded as reported today in Bloomberg.com today:
“…The Fed refused yesterday to disclose the names of the borrowers and the loans, alleging that it would cast “a stigma” on recipients of more than $1.9 trillion of emergency credit from U.S. taxpayers and the assets the central bank is accepting as collateral…”
.
The Freedom Of Information Act has lost its meaning- as has our country’s Constitution. The rules have changed, we no longer live in a functioning Constitutional Republic which is supposed to protect its citizens from the mob rule of a Democracy. For anyone who doesn’t know the difference, here’s the link to a great video from Wimp.com which explains it all.
NightmareOnKStreet on March 5, 2009 at 3:06 PM
Not to disagree with you, and I know there are plenty of “grasshoppers” out there who did not save. I had an emergency fund. It’s almost gone. I’ve been out of work for 8 months. I know lots of people who have been out of work much longer. The recession in construction and financial services started in 2007. There have been over 500,000 jobs lost in financial services, and almost all of those people have mortgages, and those jobs are not coming back. We’re not going to be digging the ditches and installing the solar panels paid for by the Porkulus. The construction workers who built our houses need those jobs.
rockmom on March 5, 2009 at 3:16 PM
Well this was quick.
Any bets on the Precedent making a precedent as the President who had the greatest drop in popularity in the shortest amount of time?
Otis B on March 5, 2009 at 3:19 PM
What he’s doing to the economy is starting to get out. Although I’m gonna bet we hear more “I won. Deal with it” out of Obama than we will see him swinging back toward the middle where he RAN. “Who’s the Decider now, B!7@#ES?”
I’d still bet on it though.
oddjob1138 on March 5, 2009 at 3:30 PM
Will do.
JiangxiDad on March 5, 2009 at 3:31 PM
Congrats!!
Aril 15th Tea Party. Book it. If there’s not one for your city/town, start one. It gets people talking, it works.
Califemme on March 5, 2009 at 3:33 PM
I’m sorry to hear that. Part of the outrage I feel is tht is folks like you who do things right and fall on hard times seem to get hosed, but the ones who live way beyond their means or who have never worked always seem to be the ones getting rescued.
It is like the old WWII vet that froze to death a few weeks ago. He got no help while young welfare queens get monthly vouchers for free heat. We never seem to get it right.
I hope everything works out okay for you…and if there is a bailout, you should be first!
Laura in Maryland on March 5, 2009 at 3:44 PM
because selling the house and taking a small loss is never an option….
don’t worry your unicorn is in the mail….
not to be overly harsh but it is not my job as a taxpayer to be the insurance of last resort for McMansions….
sven10077 on March 5, 2009 at 3:45 PM
right to be clear I am not mocking RM, or anyone who did the right thing I am raging against Ogabe making sure the responsible get little and the wildly irresponsible get a payday…..
I notice a decided paucity of the newsies attacking Ogabe for the winter weather deaths with the same aplomb they hit Bush on a hurricane…..
when will we get Barack Hates White People! yelled on primetime TV or demands Barry stop throwing parties when people are freezing to death….
just wait until folks start dying of hypothermia over his cap’n'trade bill…
sven10077 on March 5, 2009 at 3:48 PM
just wait until folks start dying of hypothermia over his
cap’n’tradecrap’n tirade bill…sven10077 on March 5, 2009 at 3:48 PM
.
Fixed it for ya.
NightmareOnKStreet on March 5, 2009 at 4:00 PM
Obama’s Bear Market
MB4 on March 5, 2009 at 4:05 PM
he was fairly quiet(busy humiliating our best ally)yesterday and we had a hiccup of a rebound….he starts shilling for killgeezer care and suddenly we lost 300 points…..
“odd”….
almost as though there is a pattern emerging….
sven10077 on March 5, 2009 at 4:10 PM
Sucks to be those of us who were financially prudent and didn’t take loans we couldn’t pay back, or get into ARMs or other nonsense.
But look on the bright side, we still get to pay out the ass for money we shouldn’t have borrowed even though we didn’t borrow it. Isn’t that just a bright and sunshiney thought?
t.ferg on March 5, 2009 at 4:15 PM
Haha. I first read that as, “or perhaps replace my eight-year-old cat at some point”
mikeyboss on March 5, 2009 at 4:25 PM
I have already doubled (last month) the amount that I am putting in my 401K and I am now considering the possibility of tripling my contribution to that account. Next month, when my son is born, I will open up a 529 account for his college education. I will dump the maximum amount of money possible into that account as well. All of this dough is pre-tax (tax deferred) income. I may have to live an exceptionally austere/Spartan life style, and I may even lose everything in those tax deferred accounts (at the rate that O-bambam is destroying wealth). NO MATTER. I’d rather lose all of it than give ANY tax revenue to that baby killing slave trader in chief that occupies the oval office.
CyberCipher on March 5, 2009 at 4:30 PM
Another option to consider is short term municipal bonds. All interest and dividends are tax free at the fed level.
Vashta.Nerada on March 5, 2009 at 4:32 PM
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