Tag Archive | "Bailout"

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A Condom Bailout?

Posted on 26 March 2009 by Kriss

condomsSeems like the U.S. Government isn’t the only one in the business of trying to bailout “mainstreet” and give some form of relief to every day Americans.  Jos. A. Banks apparently is having a sale where you can buy a suit for $199 and if you lose your job, they’ll refund your money but let you keep the suit.  Now isn’t that a sign of how bad the economy?  I was watching TV last night and came across this Trojan Condom commercial and I had a good laugh:

I mean, when you think about it, who better to offer a stimulus package to America than a company that makes condoms.  “Because we should ride out these hard times together.“  LOL.

I don’t have the numbers, but logic tells me that in this economic time, condom companies have to be doing well.  It’s too expensive right now to have kids and so more people are actually using condoms (Sad when this is even an option) or using Dylan’s suggestion, swallowing more.

With the stock market below 8,000, now might be a good time to invest in some decent companies at a low price for a big return.  I think I’m going to look into investing in some Trojan, Durex or LifeStyles…I could make a million dollars off of condoms.

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AIG: Do you really own it?

Posted on 17 March 2009 by Dylan the Foreigner

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Seriously, I have heard one too many people tell me today that 80% of AIG is owned by the tax payer…that means ME and YOU right?

WRONG!!!

There are several ways to TRULY own a company not having the PERCEPTION of owning a company (which is the current situation). So the government takes our money and ‘invests’ it for us via AIG so we really don’t have control of our investments because the government does.

The government owns us through taxes and they ‘own’ 80% of AIG ==> Government and Officials and Corporate Execs for the most part are practically married at the hip ==> therefore Corporate Execs owns us NOT the other way around!

Lets try this other option: How about the government gives us our tax money back (not to go spend on rims, gold teeth and/or brand new jordans) but strictly for investment purposes and then lets us make the decision as to what businesses we want to support via the stock market and see what happens (this can be done easily, give us these refunds in the form of debit cards that can only be used through investment banks…. ETrade, ING, Fidelity etc).

If this happened, AIG would have went bankrupt this morning as soon as the bonus issue became widespread because everyone would have been smart enough to punish their asses for that dumb move.

Will that have really ruined the economy? Letting them fail? Noooooooo! Because we would have had to take that money and just simply transfer the stock options to a more fiscally responsible company.

Just my 2 cents. Please stop pissing on my leg and telling me its fukin raining.

Thx,

Dylan

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Congress…Please Bailout the Porn Industry

Posted on 19 January 2009 by Kriss

larryflynt_bushWe all know the truth.  We’re in a recession.  Times are tough.  Everyone’s opening their wallets and watching as the moths fly out.  The new dirty word is “bailout.”  When all this talk about “bailouts” started occurring late 2008, it started to look like it will leave me without my share of the pot.  But thanks to Larry Flynt (Hustler) and Joe Francis (Girls Gone Wild) hope might be on the horizon for me.  See, I wasn’t some bigwig Wall Street executive that used aggressive (RE:  questionable) business tactics to pad my bank account and then received a huge bonus when I was forced to resign due to my company being on the brink of failure.  I wasn’t one of those citizens that gambled away my retirement funds and the money squirreled away for my children’s education by throwing it in the stock market.  I was patient and didn’t jump out there and buy that the 3 story house with the pool in the back that I couldn’t afford.  I didn’t rack up credit card debt that I couldn’t pay.  I don’t do any of those things that seem to be earning people a bailout.  But I do watch porn.  And thanks to the aforementioned Flynt and Francis, I might see some federal help soon.

I know I know.  You’re looking at your screen now and going “A porn bailout? You can’t be serious.”  Well my friends, I’m dead ass serious.  However, I think it’s too limited to call it a “Porn Bailout”.  It should be an “Adult Entertainment Bailout.”  It’s said that the American Auto Industry is the backbone of the American Economy.  Please.  Porn, Strippers, Call girls, etc. are the corporatized extensions of America’s oldest profession…prostitution.  And without them, our economy would be in even more trouble.  Think about it.  We all know porn video sets support budding actresses while strip clubs support single mothers, aspiring doctors and lawyers trying to pay their way through school.  And how can we forget that porn has produced to us, the great literary best selling author Karen Steffans who is about to come out with another put explaining to women how they can suck, f*ck and swallow their way to the top of the success ladder (where would our youth be without this role model?).

Need more convincing?  What about our government?  Well, in the last few years we’ve had a Governor come out and admit to being “Client 9″ and using a hooker (Who I might add has had several interviews and will probably have a book deal soon), a Senator arrested from trying to solicit sex in an airport bathroom, another Congressman was caught using the Congressional Pages as his own Internet Sex Chatroom Operators and least we forget that if we go back to the 90’s, we had a President who argued that getting a blow job from an intern wasn’t having sexual relations.  Considering that Administration left us all in a pretty comfortable financial state (especially considering our current situation), I think sex not only sells but it’s also making our Government run.

So Congress…give the Porn/Adult Entertainment Industry its bailout.  We need Joe Francis to get the Girls Gone Wild crew together and hit Washington DC.  You think Obama’s Inauguration is going to stimulate the city…just wait until buses of “sexy coeds willing to bare it all for the first time” start roaming the city.  Sex sells and in this economy, anything that gets people out there spending money is good.

* I previously had this posted over at Viva La Voiz but the site was hacked.

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Kriss Asks ‘Why?’ Once Again

Posted on 22 December 2008 by Kriss

questionmarksWhy are the are the Detroit Lions allowed to exists as a professional football team? With their loss yesterday to the Saints, Detroit became the first NFL team to go 0 – 15.   I’m betting that the Packers next week will beat them, thereby completely the first 0 – 16 season.  It’s actually a lot of pressure on the Packers because they don’t want to forever be  known as the team that snapped Detroit’s losing streak.  But back to the Lions.  I believe its safe to say that the Lions are THE worse NFL franchise in history.  They’ve qualified for the playoffs 9 times in 50 years (NINE!?!?) and have never qualified for the Super Bowl.  At this point I think we need to start making moves to determine just how bad the Lions are.  We should start with a BCS Bowl team and put them on the field against the Lions.  To be honest, I think the Florida Gators would destroy the Lions.  Tim Teabow would set a passing and rushing TD record for one game on them.  We’d have to try to make it fair and only allow the Gators to have 10 players on the field.  After that we move down to the D-II and D-III schools.  Then we put them against the best High School football team in the Nation and then all the way down to Pop Warner football teams.  Don’t think those Pop Warner teams would be a push over either.  I’ve seen some of those kids.  They’re putting HGH in those little kids Coco Puffs…they could probably take the Lions to overtime.

Why do some women try to act like they aren’t “That type of girl” when they really are? I always find it hilarious going on Facebook or MySpace and seeing people’s profiles where they list that they are a devote Christian and they have the Bible Quotes application, quoted scripture in their favorite Quotations and they are in just about every “I Love Jesus” group…and then you go through their pictures and about 80% are pictures of them barely clothed, hunched over with their ass in the air.  Then you start asking around and you find out that they are the biggest slut outside of professional porn that you know.  They’re technically worse than porno whores cause porno whores get paid.  Listen, the charade is unnecessary.  There’s no such thing as a “Secret Slut”…we all already know.  That “I don’t normally do this” line is hilarious because in fact, you DO normally do this and we all know.

Why do radio stations have such a weak playlist? Its like they have two  80 minute mix CDs and they stick those in the CD player and hit “Shuffle” and they play it all day.  And all the stations in the area use the same two discs.  Being subjected to the same 25 – 30 songs every hour of the day is partly to blame for people going insane.  By the 10th time you’ve heard Lil Wayne’s Mrs. Officer in  3 hours, you’re ready to shove a spoon into your ear and try to scoop out your own ear drum.  There’s enough new and old music out there that I shouldn’t have to hear the same song more than once every 4 hours.  Considering most DJs/Hosts are on the radio in 4 hour shifts, that means each one can play the hottest single out ONCE while their on the air and then the rest of the time they have to mix it up.  The fact that this doesn’t happen proves to me that radio stations are getting paid off to repeatedly bombard us with crappy music in an effort to force us to like it.  It reminds me of the dictators in one of those post-apocalyptic movies were they broadcast messages about how it’s okay to give up your freedom for security and “spying on your neighbors is patriotic.”  You broadcast that stuff enough and people subliminally start to believe it.  Same thing with radio these days.  It’s the only way to explain Lil Wayne being nominated for 8 Grammys for possibly the worse album of the year.

Why didn’t Bush and Paulson use part of the $700 billion bailout to help the auto industry sooner? You take $700 billion of taxpayer money and say you’re going to use it to bailout Wall Street and banks.  The same banks and investment firms that were sending their executives on all expense paid trips to exclusive resorts.  We found out Bernie Madoff was ripping EVERYONE off for $50 billion.  The $700 billion bailout had tax breaks for the makers of children’s wooden arrows.  All while America’s #1 industry, the Auto industry struggled to stay afloat.  After the $25 billion auto bailout failed (about 3 ½ percent of the bailout already given to Paulson with impunity) NOW the Bush Administration is saying “Maybe we’ll use some of the $700 billion already approved.”  Geez, no wonder this Administration will go down as one of the worse in modern U.S. history.  It took you that long to come up with that idea?

Why do companies advertise things that don’t need to be advertised? The McDonald’s new chicken nuggets campaign is perplexing to me.  Is there really someone out there who watches that commercial and says “Son of a Bitch…I’ve never knew McDonald’s had chicken nuggets.  I should go buy some.”  One of my favorite Comedians, angry man Lewis Black had a bit where he talks about the same thing with Pepsi and Coke spending all this money on Super Bowl ads.  He says is there really a Pepsi drinker out there who after seeing a Coke commercial is like “Maybe I’m wrong?”  Companies like McDonalds don’t need to advertise.  We know who the hell you are.  In fact, sometimes I think the commercials could actually hurt you.  Advertisements for that Eggnormous breakfast sandwich from Burger King scared me away.  That thing looked like a heart attack waiting to happen.  Not to mention, the King is kinda creepy.

Why do gay men play straight men and vice versa in TV shows and movies? It bothers the hell out of me that Doogie Howser is playing a womanizer on “How I Met Your Mother” but he’s openly gay in real life.  I have no problem with him being gay, I just can’t take his character seriously because his character solely exists to pick up chicks.  He’s character will be sitting there talking about “That chick is hot…I want to sleep with her” and I’m like ‘We Don’t Believe You.’  To be fair I can’t figure out how Sean Penn got tapped for Milk when I’m sure there are plenty of capable gay actors out in Hollywood.  This is the equivalent of a white man playing a black man or vice versa.

Why is Oprah asking how she gained weight when she just spend 18 months on the campaign trail? Look, Obama went to the gym like 2 – 3 times a day…were you doing that? Hell no.  You were probably devouring pizza as you counted the money you were making off of white suburban house wives that hang on your every word.  Look Oprah, you’ve been doing some great things the last year and I haven’t been getting the “man-hater” vibe from you lately so I’m going to be nice.  As you get older it’s a lot harder to lose weight than it is to gain it.  Unless you stick to the routine of working out and eating right, you will gain back any weight you have lost.  It’s nothing to feel embarrassed about.  You just did what most Americans do, you lost some weight then went back to being a lazy fuck again and gained back all the weight.  See, that was nice.  The old Kriss would have made some wild speculation that you gained the weight in order to lose it later thereby guaranteeing yourself another billion dollars from the subsequent “Oprah Diet” book that would fly off the shelves due to your sheeple thinking that they too can lose 100 lbs in 2 weeks with their K-Mart budgets.  But see…I didn’t go there.

Why did NBC give David Gregory the MTP job and then give Chuck Todd a consolation “Chief White House Correspondent” post? David Gregory had the worse show on MSNBC (Race to the White House) and yet he’s given the Meet the Press Job?  How in the hell?  I like David, I really do…but he’s one of those guys (like many) that let the headlines and need for controversy control their reporting.  There was nothing that got me heated more than when Clinton or McCain would put out an untrue ad and Gregory and crew would play it over and over and over again…discussing would it work rather than if it was truthful or not.  Then there’s the fact that David Gregory is boring as hell.  I’m waiting for one of his guest to fall asleep on him in the middle of an interview.  Chuck Todd (or Chuckie T as they call him) would always be the voice of reason.  He would say “This ad isn’t going to work in most places because it’s untrue.  It might solidify the base, but that group wouldn’t vote for Obama any way.” He was excellent at breaking down demographics and who could forget that it was Todd who was the first one to say on air that McCain and Palin didn’t seem comfortable with each other (After he was reading their body language and that of the campaign staff during a joint interview).  Turns out his powers of observation were dead on.  I have no doubt that Chuck Todd will be an excellent Chief White House Correspondent…I just don’t think Meet the Press will survive David Gregory.

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IC 40: Christmas Cheer

Posted on 09 December 2008 by Kriss

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IC 37: Thanksgiving Special

Posted on 30 November 2008 by Kriss

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WTF Wednesday: Forget Turkey, Have Some Duck

Posted on 26 November 2008 by Kriss

Lame Duck
It’s the day before Thanksgiving and I know turkey is on everyone’s mind…but I want to talk about another bird.  Duck.  Lame duck to be precise.  We are a little less than 2 months away from officially handing the country over to President Elect Obama but until then, the country is still run by the idiot from Texas.  I know I know…it’s really hard to believe because while the economy has been getting worse, Bush has been nowhere to be found.  Well, not really…but it sure seems that way.  Actually the President has been busy.  Seems he’s started drinking again.  He was pictured drinking a Peruvian cocktail “Pisco Sour” at the APEC Summit but they say it could have been non-alcoholic.  They say he stopped drinking at the age of 40 but I don’t believe that shit.  This guy ran the country into the ground.  We know he had a problem with alcohol (and cocaine) before he became President and you mean to tell me that with all his failures (Katrina, Afghanistan, Iraq, the complete destruction of our financial system, etc.) that he hasn’t fallen off the wagon?  GTFOH.  The tell-tale sign is that they claim he drinks “non-alcoholic” beer.  Come on.  First off, non-alcoholic beer isn’t beer…its juice.  Secondly, he’s from Texas. I’m pretty sure drinking a “non-alcoholic beer” is a capital offense in Texas…WTF

Merry Christmas U.S. Taxpayers
Tupac once said:  “We have money for wars but can’t feed the poor”.  He was wrong.  We apparently also have money to bailout banks that make bad business decisions and whose executives get $400 million bonuses.  Just in time for Thanksgiving, we the American Taxpayers have bought yet another bank.  WOO HOO!!!  This time it’s CitiGroup and their $300 billion of bad assets.  This insanity begs me to ask two questions.

1.  Why did Paulson bailout Citigroup under the cover of darkness with no real insight from anyone, but everyone is hesitant to bailout the auto industry?  Both the banks in this country and the auto industry are suffering from having brain dead executives…but a bailout of the auto industry would definitely help save the middle class and lower income taxpayers that directly and indirectly benefit from the auto industry?  The execs of these auto companies came begging to Congress for help and where sent back home with their tails between their legs after being told to “come up with a plan first.”  Don’t get me wrong, I think that’s the right response from Congress…but why is it that the auto industry has to do that but Citigroup and Wall Street don’t?  Grilling auto execs over their use of private jets to fly to Washington seems a bit silly when AIG used some of their bailout money for a private resort and massages.

2. Where the fuck is this money coming from?  We have no money…yet we are handing out bailouts in the hundreds of billions.  Again, the auto industry asked for $25 billion, which is a hellava lot of money….but then Citigroup comes in and we back $300 billion worth of their bad assets?  The hell we getting the money from?  Did the government hit the lotto and didn’t tell us? Maybe Paulson won Powerball or something.  It’s like he’s pulling numbers out of his ass.  Actually, he’s just pulling out the Bush Administration “no limit” Amex Black Card.  That’ll probably be the first unpaid bill plopped on Obama’s desk.

3. I know, I said 2 questions but I thought of this one last minute.  Why isn’t a condition of this bailout money that the top executives are fired?  Really, when you are $300 billion in debt, you’ve done a horrible job.  When your company has lost, what…98%(or something absurd like that)of its value like Citigroup, you’ve done a horrible job and should be fired.  End of story…WTF

A-Rod and Madonna sitting in a tree
So there are conflicting reports as to who A-Rod is spending Thanksgiving with.  To be honest, neither of the reports seems to make him look smart.  First it was reported that A-Rod would be spending Thanksgiving with Madonna.  Listen, I know both recently got divorced and it was rumored that A-Rod got divorced because he was sleeping with Madonna but seriously…how fucked up does your life have to be that you are rumored to be sleeping with a 50 year old slut like Madonna when you have a beautiful and sexy wife you are married to?  Yes, I’m pretty sure she can do some wonderful things with a baseball bat (probably the only thing that really fits) but serious A-Rod, the bitch is 50.  So, after that report, then a retraction was posted saying that A-Rod would be spending Thanksgiving with his ex-wife and her family.  Okay, another WTF.  She accused you of sleeping with a 50 year old and probably took your ass to the cleaners and you’re going to spend Thanksgiving with her like it was nothing?  Sorry but that makes no sense.  I know, you want to see your kids but gotdamn…I’ll be damned if I’m spending the entire holiday dinner at her family’s house.  That’s going to make for some interesting conversation at dinner…WTF


Bush “Second Black President”?

So in his latest round of pardons, G Dubya pardoned rapper/producer John Forte.  There is a long list of names that probably crossed Bush’s desk but I never thought he would pardon a rapper.  Seriously, 14 years for accepting a package does seem excessive but Bush is from Texas…they don’t understand that term.  The only motive I can see for this is that Bush knows that Clinton was the first “white” black President and Obama is going to be the first real black President and he wanted “in’ on that too.  Why break the lineage?  Sorry Bush…pardoning one rapper doesn’t make up for Katrina.  Nope…WTF

Fantasy Football

I haven’t talked about my fantasy football league all season and the main reason for that is I have a pretty average squad.  However, as of Monday night I have officially taken over 1st place in my league.  It’s been a rough season for me so far but I’ve been getting real lucky.  Like when Aaron Rodgers was out and Tony Romo had a bye week and I picked up Matt Schaub from the Texans 2 hours before game time and he got me 280 yards and 3 touchdowns.  Or how Tony Romo went unconscious last week and had a perfect game for once in his life (No fumbles and no interceptions by Tony Romo is amazing).  Tony Gonzales found the fountain of youth this year.  Portis can’t find the end zone to save his life but those 140 – 150 yard games help.  Then there’s Maurice Jones Drew who will have like 40 yards but 2 touchdowns.  Seriously, this has been a crazy football season.  Brady’s out, LT is playing like some garbage, Moss and TO are sporadic with their performances…I guess getting the average under the radar squad is where it’s at this year…WTF

Enjoy your holiday.  We’re recording a Thanksgiving Special Insanity Check episode tonight with Kriss and Dylan, so if you are going to be on the road for more than an hour tomorrow, make sure you download it and listen.  Also, catch up on some of the previous shows over the break.  Be safe everyone.

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Random Musings

Posted on 18 November 2008 by Kriss

You might have noticed that a new episode of the Insanity Check hasn’t been posted. Well, we had to rearrange some things and instead of recording last night, we’re recording tonight. To hold you over, this post is a collection of random thoughts (most which will be discussed on the show tonight) I’ve had over the last week.


Madam Secretary

The big political story is the speculation as to whether President-Elect Obama will select Hillary Clinton as his Secretary of State. I can’t for the life of me understand why the media is so shocked by this. After the primary season I told several people I could see Senator Clinton working in an Obama Administration. I was thinking either Secretary of State, Supreme Court or maybe even Attorney General. Sure, he didn’t pick her as Vice President and he probably didn’t even really consider her. That would have been a hard pill to swallow even for Obama…but a cabinet position is a good idea. I’ll be honest though, I do sympathize with those Obama supporters who feel like Christopher Hitchens. The Clintons did run a negative campaign, suggested Obama wasn’t experienced enough (while talking up John McCain) and while they might not have directly played the race card they were dealing from the bottom of the deck. And my position still stands that Hillary Clinton still isn’t the pinnacle of Foreign Policy people make her out to be. I think Olbermann said it best, if she is Secretary of State and gets to Bosnia…we’re all going to have a hard time keeping a straight face. With all that said, I still think she makes and excellent choice. First off, keep your friends close and your enemies closer.  Yeah, her and Bill campaigned hard for Obama but still, why take the chances.  Secondily, because she’s a distraction. Obama will have to make some tough decisions leading up to the day he officially takes office. What better way to do that than to have the media digging through Clinton dirt? The media is like a playful puppy. Throw them a Clinton chew toy and watch them entertain themselves.

The one thing I do find interesting about this is that the major thing holding back the appointment is questions over Bill Clinton’s finances and connections with the Clinton Foundation and his speaking roles. Wait a minute. Wasn’t Hillary Clinton almost the Democratic Nominee? Why the Hell is this a problem now? Did no one stop and think about vetting the former President…WHEN HIS WIFE WAS RUNNING FOR PRESIDENT?!?!?!

Auto Industry

So the Big 3 Detroit automakers (Ford, Chrysler and GM) are begging for a bailout. Amazingly enough, the American Taxpayers seem a little weary of the idea of another corporate bailout. I guess hearing that AIG spent $440,000 on executives getting spa treatments and under lavish accommodations at the St. Regis after Congress spent $85 billion to bail them out or that Wachovia brokers got an all-expense paid Greek Isles cruise, has left the taxpayers a little hesitant to send more money to big corporations with slightly retarded management. Unfortunately, letting even one of these companies fail (and GM is talking about not even lasting through the year) could have a devastating effect on our economy. The amount of jobs lost would be horrendous. We’re not talking Wallstreet brokers who made millions gambling people’s money…we’re talking blue collar factory workers. So, the bailout, while we might not like it…will happen. But how did we get here? Why are American Car companies in so much trouble? It’s simple really. Their cars suck. Not only do their cars suck but their vision and innovation are crap. Think about this. Toyota came out with one of the ugliest cars I’ve ever seen, The Prius. They’ve been killing though. Why? Gas is above $2 a gallon and has been as high as $4 – $5. What did GM do? They came out with the H2 Hummer…the gas guzzler that gets like 5 miles a gallon. They bought into that American macho-ism that Bush himself pushed a few years back that we as American’s don’t have to change our lifestyle and that the more gas it guzzles the more American we are. Yeah…that worked until people started losing their homes cause they were dumping half their mortgage payment into just filling up their tanks. What GM and the other 2 automakers should have been doing was coming up with a viable hybrid car that doesn’t make me want to puke when I look at it. I’ve seen pictures of the Chevy Volt (the real one, not the concept car) and I’m stunned at how regularly ugly it is. Stop it. Just because we ask for a fuel efficient car, that doesn’t mean we want something dangerously small (Smart Car), something that looks like the hunchback of Notre Dame (Prius) or something boring and bland (the Volt). No, sticking blue halogens in it does not make it sexy. If the Big 3 were to make a semi-luxury sedan that was roomy, had decent features and got 35 – 40 mpg they wouldn’t be in the world of hurt they are now. And don’t tell me it’s not possible. My 2003 BMW gets 28 mpg. If BMW can do it, Ford, GM and Chrysler can.

Traitor Joe

If you thought that Obama’s commanding win and the Democrats gaining a bigger majority in Congress meant that Democrats grew a backbone, you are mistaken. Why the fuck is Joe Lieberman keeping his Homeland Security Committee chair? Not only did this man actively campaign against Obama, but the fact that he actually cosigned the Sarah Palin pick should mean he forfeits any rights to talk about Homeland Security or Foreign Policy. Seriously, Pelosi and Reid need to grow some backbone. They’re really starting to disgust me.

Ugh…Media Bias?

I need for someone to come forward and tell me how the media treated Sarah Palin badly. I’m talking about the mainstream media…not the blogs, not the tabloids…the real media. I keep seeing women strapping on their “Captain Save-a-Hoe” bras to try to save Palin and I just don’t see why. Did you see the Gibson interview? Did you see the Couric interview? Did you see the difficulty she had in answering direct questions in the Vice Presidential debate? She tried to say she was just the regular ole hockey mom, yet the RNC spent $150,000+ on clothes and accessories for her and her family. Yeah, Obama wears $1,500 suits, but he bought them himself. There’s a big difference.  Sarah Palin was scrutinized because she was a bad politcal pick.  A heart beat away from the Presidency and she listed binnoculers as her foreign policy creditentials.

As for the media being “in the tank” for Obama. You damn right they were. It’s amazing, the media wrote more positive stories about the guy who ran the more positive campaign. The media was harsher on the guy who picked an inexperienced hockey mom from Alaska as his running mate, said the fundamentals of the economy were strong, suspended his campaign as a gimmick, suggested his opponent was a socialist and Marxist, etc etc etc. Geez, I wonder why Obama got more positive spin.  Maybe I should write a book about it…


For more topics make sure you check out the next episode of the Insanity Check. It’ll be posted tomorrow morning. Other topics to be discussed:

  • Threats against Obama
  • People getting book deals off the election
  • Celebrities going broke
  • Spam is the new steak
  • And many other topics

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IC 23: Two Angry Black Men Discuss the Economy

Posted on 01 October 2008 by Kriss

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WTF Wednesday: The New WallStreet Parker Brothers Game

Posted on 24 September 2008 by Kriss

Let me just say that I’m completely disgusted by this “economic bailout” plan.  And let me make it clear that my disgust is non-partisan as I am disgusted with both the republicans AND the democrats.  First, the republicans (i.e. Bush and his buddies).  Let me see if I got this straight.  Freddie Mac, Fannie Mae and a bunch of these other WallStreet companies made their CEO’s extremely rich by selling loans to people that even an idiot could see, had no way of paying them back.  On top of that, these loans (i.e. Fake Money), were for inflated amounts…$300,000 for a house worth $150,000….$500,000 for a house worth $300,000.  So when housing prices plummeted and people who couldn’t afford their loans finally had that fact catch up with them, guess what, these companies got stuck with billions of dollars of debt.  Again, we’re talking about loans…loans are not real money.  These fuckers were playing what has turned out to be the worlds biggest game of Monopoly and they were using billions of dollars of fake money.  I’m sorry but I don’t feel sorry for them at all.  On the flip side, Democrats (Like Senator Obama who I support) are talking all this shit about “What about the home owners?” and my response is “What about them?” One of the most important things my dad taught me was to read before I sign anything.  What made these people think that with a credit rating in the upper 400’s they could afford a $300,000 house?  I’m sorry, I know people always talk about “predatory lenders” and how these people were prayed on…but for me to believe they had no part in their own demise means I have to suspend all reason and logic.  I know I know…there was this big push to make everyone go out and buy a house.  I started looking when I got out of college.  But it hit me one day when the Real Estate agent was pushing me to go look at this shitty ass house that the owners wanted $200,000 for.  It wasn’t worth $50,000.  You buy a house to help increase your wealth.  If you buy a $300,000 house (with fake loan money) and the house value is inflated and it’s only worth $150,000…you have $150,000 worth of debt.  You have this people that were so pressed to “Keep up with the Jones” that when they saw their neighbor get a car, they got a better car…when their neighbor got a pool, they got a bigger pool.  Now their ARM has adjusted and they are up to their eyeballs in debt with a money sinkhole of a house that they can only sell for a fraction of what they took a loan out for and now me…the responsible taxpayer who didn’t fall for this stupidity is being asked to bail them out.  Fuck you.  You made your bed you lay in it and that goes for Greedy CEO’s and Greedy citizens who thought they could live above their means and get away with it.  If they really want to fix this problem, here’s how to do it.  Freddie Mac’s ex-CEO received $19.8 million in compensation just last year.  He needs to pay all that back and then some.  All the CEO’s of these companies taken over by the government need to break out their checkbooks and start writing checks to cover their portion of the $700 billion debt.  If that means they have to sell assets and will end up broke, homeless and on the street corner…then so be it.  That is the risk you run when living in a capitalistic society.  Why should we the tax payer use our money to bail out these fool’s companies…while these same fools walk away with millions.  Then, to take care of the rest of the debt, you renegotiate the contracts of all these bad loans for citizens that stupidly signed up for them. If that means giving them a lower interest rate then so be it.  If they still cannot afford it, then they need to lose their home.  They’ll still be in debt because their house values will still be shit but that’s the price you pay for stupidity.  Problem solved.   Adding $700 billion to the National debt is NOT and should NOT be an option.  Below is something I got from MSNBC’s First Read:

Just how big is the proposed Wall Street bailout? Let’s look at how it compares to some other numbers…

– $700 billion: proposed Wall St. bailout
– $695.4 billion: GDP of Taiwan. If the bailout were a country it would be the 21st largest GDP, larger than most nations.
– $653 billion: cost of Iraq war (so far)
– $515.4 billion: proposed 2009 Pentagon budget
– $315 billion: McCain’s nuclear energy plan
– $295 billion: amount Pentagon overspent original budgets by.
– $150 billion: Obama’s energy plan
– $50-$65 billion: Obama’s health care plan, per year
– $59.2 billion: proposed 2009 U.S. education budget
– $10 billion: McCain health care proposals, per year
– $38 million: Hank Paulson’s post-2004 salary as Chairman, CEO of Goldman Sachs
– 16.1 million: number of median Ohio household incomes ($43,371 as of 2004) that would add up to the bailout — or about THREE Ohios.

Absolutely ridiculous…WTF

In other…more lighthearted news…here’s some clips from the man who is probably hating his job in the McCain camp right now…Tucker Bounds.  This man has turned into the perfect punching bag for the media and it’s hilarious:

First the most recent:

The infamous Campbell Brown interview:

Even Fox News gets involved in the beating:

When Fox News gets on you…you know you have a problem.

This one the feed gets cut when he starts using the same old “But but but Barack Obama does it” line

I actually feel kinda sorry for this lying sack of shit.  On second thought…no I don’t…LOL

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