We’ve heard a lot in recent weeks about the “moral hazards” that the de-regulated financial system was apparently rife with. An example is Liar Loans, in which big banks and insurance companies (notably AIG, Fannie, and Freddie) agreed to underwrite mortgage loans in which applicants were NOT required to show proof of income in order to qualify for loans of tens and even hundreds of thousands of dollars. Not surprisingly, if one does not REQUIRE that an applicant show proof of his income, he will PROBABLY go ahead and LIE about how much money he earns, ESPECIALLY if the more he lies the MORE money he gets . . .
Seems pretty obvious to me. But that’s not what makes it a moral hazard. It’s because the brokers and banks had no INCENTIVE to prevent applicants from lying on their loan apps that the situation became a moral hazard. What turned Liar Loans into a Moral Catastrophe is that Liar Loans, the bigger the better, racked up HUGE fees and interest for lenders and brokers, and there was NO RISK involved for the brokers or lenders (the CDS ponzi scheme took care of that) so long as the CDS scam was allowed to flourish. So, the crooks behind the desks at Mortgages-R-Us and Countrywide and AIG (and on and on) convinced a million or more Americans to buy, buy, buy as many trips to Disney World and new swimming pools etc etc with the cash they could extract from the equity in their homes using Liar Loans as the debit card.
Sure, lots of dopes lined up for $500,000 home loans and claimed to have incomes of $150,000 when it was really more like $70,000 but most people are afraid of lying TOO egregiously when their credit scores and homes are on the line. Even a modicum of common sense will stop a school teacher earning $60K a year from trying to finance a $1.5 million dollar home with zero down no matter HOW easy it may be to get the loan. No, the problem turned into a disaster when the brokers and banks decided to MARKET Liar Loans and push, push, push them as hard as they could to, in many cases, unsuspecting home buyers or refinancers, especially older, poorer, and more desperate homeowners. Because the banks KNEW they would never have to pay for their losses. And they were right.
Anecdotes are not data, I know, but when we refinanced in 2005 I believe we were sold a Liar Loan — the verification process amounted to not much more than a phone call — and the loan broker tried LIKE HELL to convince us to take out an ungodly amount of equity at the same time we were refinancing, as house values in our area had more than doubled since we first bought the house. Suitably terrified by the exploding ARM loan we were trying to get out of in the first place, we firmly declined the offer of seemingly FREE cash.
Thank god we did. Since then, home values have gone WAAY down but our equity, which was healthy to begin with, has gone UP. Whoopty-do for us, right? Well, there are lots and lots of people out there who were either more strapped for cash, less lucky, or a bit more gullible and they bit the too-good-to-be-true bait from the banksters hook, line, and sinker. And now many many of them are sinking. Or just walking away from exorbitant outstanding loans on overpriced houses that are worth a fraction of what they once were . . .
Many of those homeowners lied on their mortgage applications, or signed papers from a broker who convinced them not to worry about it (fuggetaboutit, ok?) and they are certainly not without blame. But here’s the big difference: the homeowners will have to PAY no matter what. Either they’re going to be scrimping and suffering to pay off a $500,000 mortgage for the next 30 years on a house that’s worth no more than $200,000, OR they’re going to be foreclosed on — lose their lodgings, their credit rating, whatever cash they invested in their home, and their pride.
The banksters, however, will not only NEVER pay a penny for their crookedness or lies, they will GET PAID by the US Treasury so they can live to screw people another day . . .
Oh, and since they never had any shame to begin with they have none to display now.
The House always wins.
{ 144 comments… read them below or add one }
goandersen 04.07.09 at 4:26 pm
And that is the plain ugly truth about it. Well written murphy.
freddiebrown 04.07.09 at 4:29 pm
MountainSong
I may not be the best candidate to volunteer but I am very sure now that I want to volunteer for Domestic Violence. I have been consistently affected by stories I hear and my treshold for this is rather low. You have inspired me with the depth of your concern for these women everytime. Even my other half of the moment is encouraging me to do it – yes, we are talking.
Whatever it means, I will do this because I can’t walk away from your call anymore. I am just afraid that “I” will be in the way myself..being too emotionally involved. I will set my discomfort aside.
P/S: My employee told me she put up her friend (Spanish herself) in her house last night because her husband threw her AND her 8 month baby (in her arms) OUT the sliding glass door . She is going back to her husband today. My employee, swears she will go and pick up her friend from her house if she does return to her abusive husband.
murphy 04.07.09 at 4:35 pm
{{{freddie}}}
freddiebrown 04.07.09 at 4:43 pm
((((Murphy))))) I have started calling around. Two positions open at the YWCA volunteering – babysitting for DV kids in the evening. I will call around some more -
BigCatLover 04.07.09 at 4:44 pm
Murphy
Perfect picture up top to go with the thread topic. Did PerkyPuma find that one? I bought my condo exactly 2 years ago and had to show all kinds of proof of my income. It surprised me to hear of these liar loans. I’m selling the condo now because of the skyrocketing fees that have gone up over $200 in 2 years and will continue to go up while they continue an overly ambitious captial improvements program. New doors, new windows, new roofs, clean out sewers, cut down all the trees and pull down all the ivy. Of course with the market so bad and the fees so high, these condos are not selling despite the improvements. But you can’t convince the Board that they are feeing us out of the market.
2PumaSisters 04.07.09 at 4:46 pm
Hi Murphy & all Pumas,
You are 100% right about those BANKSTERS.
Too bad for all the little people. Will
there ever be a solution to this mess?
murphy 04.07.09 at 4:50 pm
domestic violence resources in every state, for those who need to use them, and for those who can help with donations of time, resources, supplies, or money:
http://www.letswrap.com/usadv/
this one is also good:
http://www.dv911.com/dv50state.htm
NewOrleansPuma 04.07.09 at 4:53 pm
Murphy: Here is another layer of the lie…a variation on the theme…which was running rampant before the you know what hit the big fan at the national level…
If you have included this in the above..I missed it so excuse me if you did.
My nephew who is an attorney–an honest attorney (good poor thing) did mostly real estate work. He told me on more than one occassion that he would get from local title and mortgage companies..supposedly all the “paper” that is required to sign off on a transaction and after he would review the paper…more than many times…one piece of important paper was not there…
Ready? A title trace…and when he would call about it they said oh don’t worry about that…he said (I can not tell you what he said) but told them essentially to shove it. He was not signing off of this without a title check…In other words ..houses were being “sold” that the so called seller really did not own..that’s right…got that? This is a version of an illegal flip. And when that title check was not done and when an appraiser..here are some more of the scheme…appraised that house or another house even with the title check abstract..the appraisal was way over market value and it gets better (worse)
Sometimes he would see paper where bank employees who acted as appraisers did this…
My nephew right now not surpisingly is struggling to get his business alive because it is all as one may say here…f…d up.
Any attorney who signed off on these things certifies that there is clear title and if he is wrong he can loose his liscense or be held accountable for all fudiciary losses and claims.
And a lot of this that I relate here with Freddie Mae and Mac…
loans..and houses.
murphy 04.07.09 at 4:55 pm
2 Puma Sisters, I think the whole thing really IS a shell game and the toxic assets the banks are trying to hide really ARE close to worthless. Which means, eventually, the banks will fail. The very scary question is how much money will obama and geithner shovel out of the treasury between now and then?
the difference could be the difference between a real, if slow, economic recovery for the country OR (as I increasingly believe will happen) a degree of human misery not seen in this country in several generations.
hungry people will become starving people.
violent people will become killers.
the old, the sick, the young, and women will be increasingly vulnerable to violent attacks.
whole areas of cities will be unsafe to visit and utter hell for the people who live there.
NewOrleansPuma 04.07.09 at 4:55 pm
correction: struggling to keep his business alive..
NewOrleansPuma 04.07.09 at 4:56 pm
Obviously…when my nephew told the various people to shove it..others did not. He may be struggling but he is a good man and while this does not solve anything it at least attests to how many honest people are being royally screwed.
FLBarbara 04.07.09 at 4:57 pm
Freddiebrown
Wonderful Bless you
Try the National Domestic Violence Hotline
http://www.ndvh.org
Please tell your friend who wants to go get the woman back out of the house to call the local police dept BEFORE she goes. Violence is about power and control,the abuser will confront anyone who threatens to take that away. It is very volatile and escalates quickly.
Bring the police to the house. Do not confront him.
wontbackdown 04.07.09 at 4:58 pm
freddiebrown 04.07.09 at 4:29 pm
It is so complicated. Survivors of Domestic Violence and Sexual Abuse have complicated lives.’
They not only deal with the direct threats to their lives, but often to their livelihoods, friends, family.
“Isolation” – with a sense that no one could believe everything that the abuser put them through… or are “capable” of… plus the living in a constant state of fear that there is “no safe place” is maddening for those that want the survivors to “start over” with abandon.
Having complete “Power and Control” over a woman’s life takes its toll – and the “damages” may or may not be obvious, but they are there.
Patience and being non-judgmental are the greatest attributes one can bring as a support for such women.
mountainsong seems to understand all of that… has great patience and compassion… and probably goes through her own “traumas” and emotional ups and downs as a result of the support she provides.
We never know the full story on the other side of these computer screens.
I admire your heart. It takes a big one.
NewOrleansPuma 04.07.09 at 4:58 pm
#9Murhphy: I think not seen ever in this country…
murphy 04.07.09 at 4:59 pm
yep — criminal rings of just that type have been busted in Florida and Ohio among other places NOP.
http://www.nctimes.com/articles/2008/11/07/business/z7a8d0a1fc0e797d0882574f9005c6ed9.txt
http://www.fbi.gov/publications/financial/fcs_report052005/fcs_report052005.htm#d1
murphy 04.07.09 at 5:02 pm
my grandfather says he saw a few people starve to death in a New York basement apartment that he lived in (with 30 or 40 other immigrants and their children) when he first came to the USA in the early 1930s . . .
no way to verify that, but either way, I’m afraid you may be right.
NewOrleansPuma 04.07.09 at 5:03 pm
#15Murphy: I had a friend who worked for one of these sleze title companies and the FBI many months ago..almost more than a year came in and took all the company records..This succor is still operating without her name on the company but somebody elses. All my friend did there was answer phones package empty paper packages and pay attention! That attention got her out of there without being charged with anything but she did along with others have to appear at a grand jury and she told the truth…what she saw and heard.
murphy 04.07.09 at 5:04 pm
your nephew sounds like a really great guy.
and you’re right — honest, frugal, and scrupulous people who didnt sign up for anything fishy the last 10 years have every reason to feel bitter and frustrated that THEY have to help pay for this mess.
and now that whatever trust in government may have existed (even if it was only a tiny amount) is GONE, it could get ugly.
DeadGirl 04.07.09 at 5:05 pm
I just need to vent a little… sitting in a meeting where we are to be discussing a specific item… being the only female, working with dozens of males, and with the dead gimlet eye, I notice the idea hamsters are more like this”
priapic hamster #1: see my big dick and how I can run on the treadmill with it???
priapic hamster #2: I don’t see the danger in that, see my dick, I can run with it too…
deadgirl: this meeting is actually about… and has nothing to do with your dicks… and who can run in the treadmill fastest with it poking out…
deadgirl boss: yeah, I don’t know lets get back to…
other sensible dude#1: yeah, lets get back to…
idea hamster#1: but you see, I got this dick, not gonna let it go… (jumps back on the treadmill)
idea hamster#2:(follow#1)
and I am not even burnt out… just tired of these certain types swinging their junk around at every opportunity…
NewOrleansPuma 04.07.09 at 5:07 pm
Murphy: Well if I am I am not happy about it obviously and maybe to some I may sound right now like a Pollyanna (of which Ihave not one gene!) but if Katrina is an example of the depth of the compassion of the everyday Americans…and I know it is…I believe that as much compassion will rise as the other…
I know that sounds “too much” right now…but it is as true as its opposite.
murphy 04.07.09 at 5:07 pm
YWCA San Diego offers many services for dv
http://www.ywcasandiego.org/
Zee 04.07.09 at 5:09 pm
#5 bigcatlover….ouch! Cutting down trees and pulling down ivy is an improvement??
Well. Best of luck to you in moving on.
murphy 04.07.09 at 5:09 pm
dead girl!!
hang in there.
trying to think of something cutting you might say, but nothin’s coming . .
NewOrleansPuma 04.07.09 at 5:11 pm
18Murphy: He is and They were called umpteen times about refinancing and actually could not get refinancing to a lower rate when that was possible as you describe..same circumstances..
in a number of those calls unless they took that so called “free money” …They did not bite..thank God…finally got one without the bs attached. They had to search for one.
DancesWithPumas 04.07.09 at 5:12 pm
Tried to do the sam ewith me when I refinanced 4 or 5 years ago… home value quadrupled and they wanted me take out a larger loan… new car? boat? vacations? education? nope. nope. nope. nope. I just wanted to get my interest rate and monthly payment down. Went from 30/8% to 15/5%. Even then, my mortgage payment ended up being a few hundred dollars more than they said it would be. Luckily I’ve been in a position to afford it. Had I not, I could have been in deep yogurt.
NewOrleansPuma 04.07.09 at 5:12 pm
Yes it will get ugly but I know what I say about the compassion in the hearts of many…it will rise as the ugliness will rise.
Zee 04.07.09 at 5:13 pm
Hey deadgirl! Vent away..!
DeadGirl 04.07.09 at 5:15 pm
O Murphy, if I said what I REALLY think sometimes… it would be SO fun though. I get them back in other ways…
murphy 04.07.09 at 5:17 pm
at the time I felt like sort of a dope. I mean the guy was looking at us like we were KRAAZYY — “are you actually saying No Thanks to $150,000 in cold hard cash??”
it WAS kind of hard to say no, but boy oh boy am I glad we did. . .
murphy 04.07.09 at 5:18 pm
that’s a good thought NOP, thank you.
hell , we see that kind of compassion here every damn day!
NewOrleansPuma 04.07.09 at 5:18 pm
ANd all of this will continue to distract and take hold of the people even as the empty deliverer Fraud continues to dissemble the Republic and thanks Islam for what in this country? What?
It is the literal mindedness more than anything else of Islam that endangers everyone here..but girls and women certainly most of all.
NewOrleansPuma 04.07.09 at 5:20 pm
#30 Murphy: That’s right Murphy..we do see it here every day..and we must trust in that we see as we pay attention to that which is so forcefully coming upon us.
Hold that thought for it is true and each here multiplied across this country is also a vehicle for it as much as anything else.
That is why I say…Peace and Revolution. Both.
jenniforhillary 04.07.09 at 5:24 pm
All of what Murphy says is accurate in my opinion (and others of course), and I know the economic crisis and class war on its way should be at the forefront of my mind, but I cannot stop thinking about the rape is okay Islam law bullshit and the fact that Hillary cannot say boo. I am VERY upset. Nope, I am fucking upset. To the point where I wonder about everything. And Mr. Asshole is currently asskissing the same men who should be dead. DEAD. If you failed to hear me I will repeat, DEAD. Any man who thinks a woman does not have the right to bodily self integrity can die now. thank you. or sooner. thank you so much. And it fucking pisses me off that NOW, Naral and all other so called fucking feminists in America haven’t said boo about it all. It is like everyone is worthless, and then there is the pumasphere….
DeadGirl 04.07.09 at 5:25 pm
WHAT new HELL is THIS???
I must admit I have no idea WTF THE FRAUD is talking about… I just want him to keep talking. The more he talks, the more people can hear what the fuck he actually stands for. ONE TERM.
NewOrleansPuma 04.07.09 at 5:28 pm
Yes..stand and be one with those who are “ok” and with those who are not…one will not have to look for anyone…it will come to you and as we stand and act and keep our humanity at its best in tact…not just ugliness and suffering will continue but the best of the human will as well and that is in my experience..the act and acts of the compassionate heart.
On that I stake my very life…period.
Peace and Revolution. Onward!
DancesWithPumas 04.07.09 at 5:28 pm
DeadGirl
Exactly! Keep talking omoron
jenniforhillary 04.07.09 at 5:30 pm
I can no longer hear what he says because it is below my pay grade.
DancesWithPumas 04.07.09 at 5:31 pm
WAIT!!! #5: “PerkyPuma?????????
NewOrleansPuma 04.07.09 at 5:40 pm
DeadGirl: I just had an image arise in my brain…I swear I would go get me some blue candies..like those sweet tarts or something and at the next meeting pass them out and tell..you know those treadmills are really something aren’tthey..but just like everything else they give out sooner or later..Here some “little blue pills” to practice with…never to early to get ready for the inevitable…boys.
NewOrleansPuma 04.07.09 at 5:42 pm
DeadGirl: And if you think I would not do that..the visage of Viagra …ah I would..and would not explain another thing about it..Whoever gets it ..gets it..whoever does not..does not.
DeadGirl 04.07.09 at 5:53 pm
Funny thing is NOP, it was the guys that clued me in. The guys are the ones who referred to this certain behavior as “that’s just so-and-so swinging his DICK around”. It blew my mind, the guys call it as they see it for the most part. Though the funny thing is, they have a failure to recognize sexism in its most insidious form. As the only female among dozens of men, I have to admit, even if you lay the facts out in front of them, they just don’t see it. And the ones that know it and DO see it, they let the sexism that benefits them greatly, stand. Do I hate them for it? No. I have studied too much evolutionary psychology…
NewOrleansPuma 04.07.09 at 6:01 pm
DeadGirls: I understand that..having experienced similar what I call..swaying of the balls…Only they allow themselves to identify the swinging and the swaying since it in the moment is a gesture they understand. But they do not allow a woman to point that out…which is why I would give them visage viagra pills and I would laugh as I did it. And of course in my mind and experience the guys who “clued” you in are no better because they do not have the balls to clack against the swinging appendages… Male dynamics in the workplace among themselves and when one adds that they do it with females also present are forever to me boring, inane ..literal minded and stupid…as well as an ongoing unchanging example of how very limited their pitiful brains are for the most part when they attempt to act without the imaginations of women to correct and fill out and make whole what they can not see or will not or whatever combination they have constructed over their years.
FLBarbara 04.07.09 at 6:13 pm
DanceswithPerky
Left a reply for you on bottom of last thread.
Proud Perky Puma Pac Pumas
BBL
NewOrleansPuma 04.07.09 at 6:14 pm
DeadGirl: I am heading back to the reservation. If there were only one boring moment on this blog..I could do what I said I needed to do….And this is why Icould never have been a monk.
bbl I expect.
BigCatLover 04.07.09 at 6:16 pm
Two women were found dead in their house in the earthquake in Italy. The house was cheaply built, but they had just replaced the roof. The new roof was too heavy for the house (probably red tile since most of them are) and the house collapsed on them. An official said inspections were not good in Italy. The family dog refuses to leave the house and there was video of him laying in the rubble, stressed out. Saw this on PBS Newshour. Sad.
BigCatLover 04.07.09 at 6:21 pm
I had a boss who was very overbearing (ex highway patrol) who could be impossible to deal with. He was very tall and when he was in the office of another male manager, he would put one foot up on their desk and show his crotch to them. I was shocked the first time I saw such a blatant way of saying I outrank you.
jenniforhillary 04.07.09 at 6:21 pm
Bigcatlover…
sad. truly sad. animals are proof that angels exist.
jenniforhillary 04.07.09 at 6:21 pm
Bigcatlover…
sad. truly sad. animals are proof that angels exist.
jenniforhillary 04.07.09 at 6:21 pm
Bigcatlover…
sad. truly sad. animals are proof that angels exist.
BigCatLover 04.07.09 at 6:25 pm
How did you get that post to repeat 3 times?
DancesWithPumas 04.07.09 at 6:30 pm
On Morning Blogaround: 139, 146, 149, 161, 181, 187, 186, 217, 222
On Moral Hazards: 5, 43
ALL Murphy’s fault.
(and don’t think I’m not keeping score…)
:::grumblemumble:::
DeadGirl 04.07.09 at 6:43 pm
Bigcatlover – the guys had a joke going amongst themselves for a while, they would go stand in each others offices, and do as your boss did, put their leg up and lean their crotches forward…
and what NOP said in answer is all too true… for the most part. I just never thought of what they did as swinging their schwantzes around… whereas I saw it as primal behavior related to competition…
DeadGirl 04.07.09 at 6:47 pm
primal = primitive above…
jenniforhillary 04.07.09 at 6:57 pm
my computer is acting weird….and I am on the office one and it is brand new…either that or my thoughts are weird
jenniforhillary 04.07.09 at 6:58 pm
btw, crotch talk has me throwing up a bit in my mouth….but laughing at the same time
ladyhawkke 04.07.09 at 7:06 pm
#5 Big Cat Lover I know what you mean about the high condo fees. When I lived in Miami, they started out at $108 and when I left they had gone up to over $350. I would never live in a condo again because of the association fees. I remember when Carter was in and the interest rates were so high, there were literally thousands of fabulous condos off the water for $60,000 but you couldn’t afford the fees. They were more than the mortgage payment.
DancesWithPumas 04.07.09 at 7:11 pm
DeadGirl said: schwantzes
ladyhawkke 04.07.09 at 7:13 pm
#8 NOP I was involved in one of those scams in Miami. My boss was an attorney and he came back from court one day and told me someone bought a house for $100 and I said, Wow. So, I started doing all this research on foreclosure sales and found this one that had a balance of $1500 on the second mortgage. So I went to the sale, started bidding and this sleaze bag atty was bidding against me in increments of $1.00. I was bidding $100 at a time. When it got to the mortgage amount of $1500, he stopped bidding and I owned the property. But then he following me around and told me that the mortgage had been satisfied, I didn’t own it, and I said then why did you put it up for sale? To make a long story short, I had to sue because they filed a pleading to keep me from getting the property. The poor sucker who owned the house was Hispanic and didn’t know what in the hell happened but I didn’t know that until later. The attorneys had falsified a Satisfactin of mortgage. I had to file suit and it went all the way to the FL Supreme Court. I wasn’t going to let those bastards get the house. But if I had not worked for an attorney,I would not have known a thing.
ladyhawkke 04.07.09 at 7:14 pm
Sorry, Satisfaction of Mortgage
mountainsong 04.07.09 at 7:16 pm
{{{{{{{{{{freddiebrown}}}}}}}}}}}}}
OMG!!! Thank You, thank you, thank you. you are an ANGEL!!!!!
You will do just fine, BELIEVE me. Your post made me weep with joy that someone heard. You have always been an inspiration by your never-ending willingness to step up. I salute you.
Sandra Kantu’s MURDER is an OBSCENITY!~!!!!!!!! Let her not die in vain. Eveyone can make a mark against this terrorism that men do to girls and women.
mountainsong 04.07.09 at 7:19 pm
murphy 04.07.09 at 4:50 pm Thank you, Murphy~~~~muah!!!!
mountainsong 04.07.09 at 7:22 pm
murphy 04.07.09 at 4:55 pm “a degree of human misery, never seen before” yes, I think so, too.
ladyhawkke 04.07.09 at 7:26 pm
#25 DWP You got a great deal, just think of all the interest you saved.
#2 Hi Freddie, sorry you are going thru a bad time. Hope things improve.
ladyhawkke 04.07.09 at 7:30 pm
#34 Dead Girl I can’t wait one term. That is far too long. I want him taken away in handcuffs for being a fraud and not producing his BC and I want all those assholes who didn’t have the guts to stand up at the electoral college and demand to see the BC arrested for perpetrating the greatest fraud in the history of our country.
NewOrleansPuma 04.07.09 at 7:31 pm
#58 That is one version I had not heard of…guess because my nephew would not have gotten in that in the first place.
I saw somewhere today that His Majesty through a state department spokesman is giving Italy…are you ready?
Hold on….$50,000 for the earthquake victims.
No..I did not forget to add a zero or two…that is the number…
even as he continues to give millions to his sleaze monger friends…Mr. I will bring everyone together because I am the one everyone is waiting for…$50,000. …Now that is a disgrace and an embarassement if ever there was one…He got more than that from theif Rezko..and the Madame’s fence cost $14000 which Mrs Rezco paid for….He is the scum of the earth…
NewOrleansPuma 04.07.09 at 7:34 pm
#58Ladyhawke: That attorney…another scum of the earth.
NewOrleansPuma 04.07.09 at 7:36 pm
Ladyhawke: So great that you did what you did with that slime.
ladyhawkke 04.07.09 at 7:38 pm
NOP Can you believe that $50,000 measly dollars. And we are giving Pakistan millions or is it billions, plus allowing 65,000 to come to the states and get benefits we worked for. Along with the illegal aliens getting benefits from the tarp. Did you see Sheriff Joe Arpaio from AZ on Fox? Al Sharpton wants him removed for obeying the law and deporting illegals. He said, come and get me!
mountainsong 04.07.09 at 7:39 pm
FLBarbara 04.07.09 at 4:57 pm Yes, that is the truth. Thank you.
invalidresponse 04.07.09 at 7:42 pm
CONGRATULATIONS VERMONT!!!!
Not only for being the first to pass it without the use of the courts, but also getting past the governors veto for the first time in about 20 years!!!!!!
very good news!!!!
atypical 04.07.09 at 7:43 pm
More on “Zombie Banks” and Soros’(if you care) assessment
http://www.noquarterusa.net/blog/2009/04/07/zombie-co/#more-20422
NewOrleansPuma 04.07.09 at 7:44 pm
68Ladyhawke: I think he gave the Palestinians..900,000 000
And Italy is our ally…or of course used to be…guess this is another Alynsky move to get Italy to do something he wants…
I do not have cable now so I do not get Fox…right now…
I see it…I saw it coming 12 months ago…I yelled about it everywhere…and yet…to see it…is still stunning…
mountainsong 04.07.09 at 7:46 pm
I’m sorry~~~I’m having a hard time keeping up today. I can’t even finish my dinner. I just got off the phone with one woman and another called.
I spent 4 hours today on the Domestic Violence Hotline.
This is pandemic, I mean TOTALLY OOC (out of control)
I spend all day trying to defelct womens lifetime notion that because they’ve never known anyting but abuse from anyone and everyone who ever told them they loved them , the notion they are some second class kind of human being that they think they are basically worthless pieces of shit.
It’s a fucking LIE!!!
Wheter you believe in God, a higher power, a Creator, whatever you are a beauitful, lovely child of the Crator and EVERYONE devervs and has a birthright to mature in the full beauty and purpose of the Creator’s DESIGN.
Call me nuts, I donm’t care.
Word!! Don’t be afraid to step up and make a difference in another woman’s life. You might just save a life!!!!!
I’ll be back, I gotta go again.
NewOrleansPuma 04.07.09 at 7:46 pm
And do not forget…we are only two and a few days months into what this slime of the earth has in store.
NewOrleansPuma 04.07.09 at 7:47 pm
bbl also
mountainsong 04.07.09 at 7:49 pm
All the G-d Damened legislation and laws on earth do NOT protect women!!! To make a difference, we HAVE to help each other discover our true selves and BECOME!!!
mountainsong 04.07.09 at 7:49 pm
PS~~~ I don’t hate men~~I hate what some of them do to women.
ladyhawkke 04.07.09 at 7:51 pm
#73 Mountainsong It takes a lot of guts to do what you are doing. I don’t think I could do it, it’s too stressful. I have a friend who works the AA hotline and she is a mental case after answering the phone all day. She is on heavy duty medication as she was also abused as a child.
BigCatLover 04.07.09 at 7:52 pm
ladyhawkke
The female head of Acorn and Al Sharpton were on Lou Dobbs about their attempt to prosecute the sheriff from Arizona. She claims that Acorn is not being investigated by the Justice Dept in any state. Lou Dobbs said she should be ashamed for the things was saying about the sheriff. She is very combative.
ladyhawkke 04.07.09 at 7:53 pm
Does Delphine of France still post here? Does anyone know her website? I think it would be great if she could write another one of those great editorials telling everone what a fraud BO is. Also, we need to write all of the heads of state he visited and tell them we do not believe he is the President and he does not speak for us. That we love America in spite of what he’s spouting.
storytellers 04.07.09 at 7:54 pm
hi pumas¡¡¡
have you heard what the little one said on the turkish parliament??¡¡¡¡¡>> read the betrayal
ladyhawkke 04.07.09 at 7:55 pm
#79 Big Cat Lover I had to turn the news off, I can’t stand watching it anymore. And I think his visit with the military was a setup. There is no way, no how they were cheering for him. It had to be pre-planned. I’m hoping the military will be with the people in the event they try and get our guns.
ladyhawkke 04.07.09 at 7:56 pm
Storytellers, what is the link. I know the website but can’t remember it.
BigCatLover 04.07.09 at 7:58 pm
Can anyone link to proof that Acorn is being investigated by the Justice Dept?
storytellers 04.07.09 at 7:59 pm
oilforimmigration.org
ladyhawkke 04.07.09 at 8:06 pm
BHO A natural born citizen of Great Britain
http://paralegalnm.wordpress.com/2009/02/27/barack-hussein-obama-a-natural-born-subject-of-great-britain/
atypical 04.07.09 at 8:07 pm
OT but just saw the PUMA car….
http://riverdaughter.wordpress.com/2009/04/07/now-pumas-sort-of-a-car/
pigpaws 04.07.09 at 8:10 pm
giving Italy…are you ready?
Hold on….$50,000 for the earthquake victims.
Yep, you are correct. He gives 900 million to Gaza, which is run by Hamas, arm of the islamic republic of Iran, (as if any of that money will get a school or hospital built, and 50K to Italy.
Isn’t anyone else getting a clue to where his allegiance lies?
DancesWithPumas 04.07.09 at 8:12 pm
ladyhawkke 04.07.09 at 7:26 pm
#25 DWP You got a great deal, just think of all the interest you saved.
—————–
I sure have…and accelerated my payments so it can be paid off by the time I retire. My point was, I was only trying to lower my monthly payment… and they were persistent about me taking out a lot of the equity. NOPE NOPE NOPE.
DancesWithPumas 04.07.09 at 8:14 pm
atypical 04.07.09 at 8:07 pm
OT but just saw the PUMA car….
———
Cool right? lol Zee posted teh link earlier… never hurts to postagain tho. GM says it gets 130 mpg… but with the fuel used to generate the eletricity, that comes down to c. 75 mpg.
pigpaws 04.07.09 at 8:16 pm
Let’s get those ‘toxic assets’ out of our banks, and put them back in our banks where they belong.
Is Obama bringing ‘Enron’ to Washington?
http://www.powerlineblog.com/archives/2009/04/023266.php
…”I’m not qualified to judge this assessment by a Bay-area based “quant,” but if he’s right, the Geithner plan is more or less a reprise of Enron. You really have to read the whole thing, but here are a few excerpts:
So according to the FT, it appears that the banks selling assets will also be able to bid on each other’s assets.
US banks that have received government aid, including Citigroup, Goldman Sachs, Morgan Stanley and JPMorgan Chase, are considering buying toxic assets to be sold by rivals under the Treasury’s $1,000bn (£680bn) plan to revive the financial system.
The plans proved controversial, with critics charging that the government’s public-private partnership – which provide generous loans to investors – are intended to help banks sell, rather than acquire, troubled securities and loans.
A friend of mine, who used to be on an energy trading desk back in the early 2000s, was listening to me talk about the government plan. He couldn’t believe what I was telling him about letting the banks that are selling auctions also bid on them. In the middle of my explanation, he had his own wave of nostalgia: “Man does that bring back memories….”
…..much more…………..
May it all collapse around their empty skulls. If I were their momma, I would be demanding a refund from their Ivy League schools of indoctrination, for allowing them to come out so damn stupid.
Reason number gajillion and four why the Founding Fathers wanted a limited government.
FLBarbara 04.07.09 at 8:16 pm
Mountainsong
The National Domestic Violence Hotline has reported violence has increased 56 percent. I have noticed it very much myself.
Blessings to you on this journey.
FLBarbara 04.07.09 at 8:22 pm
Two women one a “muslim feminist” and a Islamic terrorist expert guest on Oreilly discussing Obamas deep bow to the Saudi King.which the White House is denying??? . Both say it was a slap in the face of women and Americans.
They are shocked and concerned with the bow. It says I am sub servant to you.
taggles1 04.07.09 at 8:30 pm
anyone check out twisty today? she had a humdinger! lmao!
DancesWithPumas 04.07.09 at 8:31 pm
Twisty’s site:
http://blog.iblamethepatriarchy.com/
DeadGirl 04.07.09 at 8:39 pm
Ugh… over the past week, the NY Times has been giving me increasing nausea again. Yesterday it caused me to throw up a little in my mouth…. that is what I get for going back there… a lifelong habit is so hard to change… but now that we know it is nothing but a propaganda organ it should not be so hard now, should it? The choice is clearly between having a healthy gut, or gastric upset and hurling… I sure hope I can stick with it.
Oh and, I had gone back to CNN for a short bit of time, but they are so into fellating the MADMAN on The Throne, I hightailed it out of there. I just don’t like watching pr0n all that much. In fact, not at all.
taggles1 04.07.09 at 8:51 pm
hi dances! aren’t you suppose to be recuperating??
DancesWithPumas 04.07.09 at 8:57 pm
taggles…
it didn’t take long for me to recuperate after doing my laundry and vacuuming…
my surgery isn’t until next Tiuesday.
gay gal 04.07.09 at 8:59 pm
pigpaws 04.07.09 at 8:10 pm
Italy can afford financially to help their people. They are part of the G8. Israel can also afford to clean up the destruction they do to Gaza, but we give money to Gaza anyway. Go figure.
gay gal 04.07.09 at 9:01 pm
Oops, meant to say, Israel can also afford to clean up the destruction they do to Gaza, “but they don’t do it”, but we give money to Gaza anyway. Go figure.
gay gal 04.07.09 at 9:12 pm
Pumabear, if you’re out there, I enjoy your writing on following the “oily” oligarchy, or as someone else said condensed it…the “Oiligarchy”.
atypical 04.07.09 at 9:13 pm
DancesWithPumas 04.07.09 at 8:14 pm #90
Many years ago Isuzu had a 3-wheeled car that got exceptional mileage (maybe 50-60??? at that time) but it wasn’t very safe. I’m wondering about this one, too.
atypical 04.07.09 at 9:15 pm
#93
White House denies bowing:
You just can’t believe your lying eyes, can you?
gay gal 04.07.09 at 9:18 pm
The campaign also said he was just scratching his temple with his middle finger.
DeadGirl 04.07.09 at 9:26 pm
what, did Obahaha get doubled over with cramps due to being unaccustomed to the food over there just as he was about to meet the Keeper of THE Rock???
DeadGirl 04.07.09 at 9:27 pm
or, I suppose they will say he missbent when he genuflected…
DancesWithPumas 04.07.09 at 9:28 pm
He bent over to pick up an obama logo, a memento that he wanted to present to the king for obama’s next campaign..
DancesWithPumas 04.07.09 at 9:28 pm
“That wasn’t the genuflection I used to know.”
DancesWithPumas 04.07.09 at 9:29 pm
It was an ‘inartful’ way of standing up straight
DancesWithPumas 04.07.09 at 9:30 pm
Has teh WH backspun the “selfish and crass” US culture yet?
gay gal 04.07.09 at 9:35 pm
He was doing a thumbs up on the lowdown.
taggles1 04.07.09 at 9:40 pm
The “arrogant, dismissive and derisive” comment blew me away!
I don’t care how he couched it afterward.
DancesWithPumas 04.07.09 at 9:43 pm
gay gal 04.07.09 at 9:35 pm
He was doing a thumbs up on the lowdown.
—————
LOL!!
DancesWithPumas 04.07.09 at 9:44 pm
gay gal…
he wanted the king to recognize him by the back of his head.
DancesWithPumas 04.07.09 at 9:45 pm
Caption for photo of obama doing the king:
“Let go of my ears, I know what I’m doing.”
gay gal 04.07.09 at 9:46 pm
He probably wouldn’t even look at his head, just the teleprompter. “Prompt me! Oh, God, yes Prompt me. Prompt me really hard.” {This post might not make it.)
gay gal 04.07.09 at 9:49 pm
“Hold on. Let me grab the strings, so my little puppet works.”
murphy 04.07.09 at 10:03 pm
dang. i was over at twisty’s for an hour or more today trying to get my mojo back — didnt work.
missed that last post.
thanks taggles.
murphy 04.07.09 at 10:05 pm
dwp is the girl who cried wolf. she’ll be recuperating NEXT week and we’ll all be like, wha! huh?! arent you all better yet?
jk — I’m going to be in california that week by chance and will be checking in on Her Perkiness.
DancesWithPumas 04.07.09 at 10:09 pm
LOL!!!
checking my perkiness…like hell you will LOL
and then you wonder about your gender test score???
DancesWithPumas 04.07.09 at 10:13 pm
oops…misread that comment (as per usual)
FLBarbara 04.07.09 at 10:21 pm
Apparently the White house is saying Obama had to bend low to shake the hand of a very short man standing near the King. Bwaaaaaaa
Yeah I’m buying that like I bought the scratching his head. They would have been better off saying Obama was checking the Kings balls he was close enough to have checked them.
Liar liar pants on fire again
murphy 04.07.09 at 10:22 pm
i know, really,
i was trying to be all meek and curtseying-ish . . .
FLBarbara 04.07.09 at 10:23 pm
Perky I mean Dances when is your surgery?
murphy 04.07.09 at 10:24 pm
i honestly think this kow-towing to islamicist leaders and islamo-fascist regimes is going to bite him in the ass pretty soon.
like dead girl says, it spells one thing: ONE TERM.
DancesWithPumas 04.07.09 at 10:25 pm
Someone download this before it gets scrubbed:
http://www.youtube.com/watch?v=9WlqW6UCeaY
Men tend to name their knobs… maybe the King names his “Little Man” or “Very Short Man”?
The video clearly shows obama grasping the hand of the king… no little men in sight… at least not little in physical stature.
DancesWithPumas 04.07.09 at 10:27 pm
FLBarbara 04.07.09 at 10:23 pm
Perky I mean Dances when is your surgery?
——–
Next Tuesday…minor. 30 minutes tops… Gall Bladder.
FLBarbara 04.07.09 at 10:27 pm
maybe they should have said he dropped his Nicorette gum in the Kings lap.
DancesWithPumas 04.07.09 at 10:28 pm
FLabara
one good turn deserves another
DancesWithPumas 04.07.09 at 10:29 pm
Maybe he was bending down to take a puff or two off his hidden ciggies
FLBarbara 04.07.09 at 10:30 pm
Dances,
Will keep you in my prayers.
Headclunker 04.07.09 at 10:31 pm
FLBarbara 04.07.09 at 10:21 pm
The little guy had no feet or legs!
http://www.flickr.com/photos/31592459@N08/3408263876/
gay gal 04.07.09 at 10:34 pm
http://www.youtube.com/watch?v=9WlqW6UCeaY
Wow, talk about, a quickie.
DancesWithPumas 04.07.09 at 10:34 pm
FLBarbara,
Thanks. I’ll be okay.
FLBarbara 04.07.09 at 10:35 pm
Headclunker
I know they showed it from all angles and he had to be very tiny or maybe invisible. Yeah that’s it a invisble small Saudi that only Obama and those drinking kool -aide can see LOL
DancesWithPumas 04.07.09 at 10:36 pm
Someone download this before it gets scrubbed:
http://www.youtube.com/watch?v=9WlqW6UCeaY
————————
GayGay… he shakes and holds the king’s hand the entire elngth of that video
shaking a little man’s hand…my ass. Freaking liars…they lie about everything.
DancesWithPumas 04.07.09 at 10:37 pm
oblowanyone probably got the word that americans are p.o.ed about the bow wowing.
Headclunker 04.07.09 at 10:38 pm
Maybe he was hiding under Abdulluh’s robe.
DancesWithPumas 04.07.09 at 10:39 pm
Maybe ocokedup was hallucinating
murphy 04.07.09 at 10:45 pm
i can honestly say that I have NEVER been intimate with a man who named his you-know-what.
that is just plain weird.
Widdershins posted! take it upstairs!
atypical 04.07.09 at 10:45 pm
murphy 04.07.09 at 10:24 pm
like dead girl says, it spells one thing: ONE TERM.
______________________________________
I don’t think we can really plan on one term. He seems to be holding all of the cards.
murphy 04.07.09 at 10:46 pm
hi atypical!
no, you’re right — we cant assume it will be one term. he doesnt hold ALL the cards.
there ARE a very large number of voters in this country who are NOT pleased.
FLBarbara 04.07.09 at 10:48 pm
There is no doubt that was a bow and the more I se it the madder it makes me.
The spinners are know just throwing any only shit out there. Shaking the hand of a small man???
Be honest Yeah he bowed down to the King of Saudia Arabia because he’s a good guy. The leader of the :HE amn woman haters club.
Idiot lying fraud
gay gal 04.07.09 at 10:48 pm
Opromptme, seems to be holding many things.
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