RSS Feed for Housing & Housing CrisisCategory: Housing & Housing Crisis

The Numbers Just Don’t Add Up »

Or rather, they continue to not add up. First it was the massive Stimulus money hole, Solyndra, courtesy of Obama paying off his big donors, a recurring theme with him; then it was the bogus Unemployment Numbers pushed by the President and the Democrats; can’t forget about the missing $1.2 Billion Obama’s and Biden’s good [...]

Good News! Our Economy Is SO Much Better Now, Especially For Democrats! »

Or at least that was the impression this headline from The Hill wanted us to believe, “Signs Of Turning Tide On Economy Lift Democrats, Obama’s Hopes.” Oh, Happy Day! Woohoo! The tide has turned, the economy is recovering, people are going back to work, Obama has parted the waters and slowed their rising, oh Hallelujah… [...]

Fannie and Freddie Executives Have Payroll Amnesia, and Chu Faces The Music On Solyndra »

On Wednesday, Fannie Mae and Freddie Mac executives had to appear before Congress to discuss the recent issue of their wanting to give themselves some big, huge bonuses. Needless to say, the Congresspeople were none too thrilled with these folks, as this LA Times article highlights: The chief executives of Fannie Mae and Freddie Mac [...]

Crazy Things Being Done By Our Government »

~Bumped up~ That are going to make my head explode. First, news that the ten executives at Fannie Mae and Freddie Mac, which are still operating in the red, and which are largely to blame for the housing crisis, got BONUSES. And I am not talking little bonuses, either. Those ten mo-fos got = and [...]

“We’re Better Now Than We Would Have Been,” So Sayeth Obama *Updated* Open Thread »

Over the past few years, according to Obama. Yes, he really did. He claimed we were better off now. See for yourselves:

Obama, Mr. Doom and Gloom »

Good grief, have you caught Obama on the campaign trail recently? Mr. Hope and Change has become Mr. Doom and Gloom. His new campaign rhetoric is to go around the country telling you how horrible the Republicans are, and all of the terrible things that will befall you, your children, and the country, should you [...]

King Obama Doesn’t Need No Stinkin’ Constitution *OPEN THREAD* »

President Obama has done his darndest to go around Congress on a number of issues. His latest attempted end-run is for those who are in over their heads with their mortgages. Not just any mortgages, of course – only those by Fannie Mae and Freddie Mac. You know, the very institutions which helped to get [...]

Obama: Words vs. Deeds »

President Barack “I’m a warrior for the middle class” Obama may talk the talk, but his lifestyle is rather atypical of how 99.9% of the middle class lives. There are the swelling numbers of unemployed now homeless, including military veterans. Now students are joining the ranks of the homeless. There is no government funding for [...]

I Have Some Questions »

On Thursday, Obama signed – via computer – an extension for the Patriot Act, after it was passed by the House and Senate. This allows it to be in effect until June 1, 2015. You remember the Patriot Act – it is the one many of us were furious about when the Bush Administration came [...]

Did Wall Street Violate the Racketeering Act? »

I want to thank a regular reader for prompting me to tune into 60 Minutes this past Sunday evening. Watching CBS’s Scott Pelley evidence how Wall Street banks knowingly and fraudulently engaged in forging mortgage documents made me cringe and vomit as I thought of just how low these financial institutions have sunk in terms [...]

So It Continues – Racism And Sexism In 2012! »

All in one post! Whee!! Ahem. Yes, once again, racism is being touted as the cause for the landslide shift in the 2010 election, according to Rep. Jim Moran (D-VA). Good grief. Yes, Rep. Moran made this ludicrous charge in an interview with an Arab TV station (honestly, I am having a hard time writing [...]

They Lied To Us, And Now We Are Footing Their Legal Bills »

Who would that be, exactly? Oh, you are going to love this. We, you and I, American taxpayers, are footing the LEGAL bills for the Fannie Mae/Freddie mac executives who drove our economy into the ground for fraud suits filed against them starting 10 years ago. Who would that be, exactly? Oh, you know, people [...]

While We Were Distracted This Week By Faux Outrage Over Rhetoric »

What did we miss in the news? Well, a bunch of things, actually. And perhaps this is why this whole ginned up “civility” discussion has been the primary focus of the talking heads. I hasten to add, the stories of the six victims in Tucson, Judge John Roll, Christina Taylor Green, Giffords Aide Gabe Zimmerman, [...]

“Retire Barney”; Sense on Cents Endorses Sean Bielat »

The Wall Street-Washington incest MUST end. This coming Tuesday, America has a chance to ring that bell, expose that incest, cleanse the system, and deliver the message loud and clear. The peal of that bell must emanate from the 4th District in the state of Massachusetts. You do not need to read Sense on Cents [...]

The Real Issues Behind the Foreclosure Crisis »

What is really going on in regard to the moratorium on mortgage foreclosures? A lot. Not all of it would qualify as the best of “sense on cents.” My thoughts include the following: 1. Can we now declare the HAMP (Making Home Affordable) program to be totally futile? How is it that everybody on Wall Street and in Washington [...]