Thursday, December 11, 2008

dumb and dumber and joe the plumber...

"dumb and dumber and joe the plumber"

the title of this blog was actually to be the title of a digital film short i had hoped to finish writing and shooting in time to post it on you tube significantly prior to november 4th. But there just wasn't enough time for me to do an expose on the embarrassing hilarity that was the mccain/palin campaign and subsequently U.S. politics.

But that idiot "Joe the plumber" didn't become an entity until the second to last debate which was merely 3 weeks or so before the election and there just wasnt enough time. Then the election passed and mcain/palin went to fuck themselves, and i was sure we had heard the last of this piece of human shit otherwise known as "joe the plumber"...

but we haven't, this piece of shit is still commenting in the news, and its a real double edged sword for me, but with two bad fucking edges!!! Why the fuck is the media still interviewing this asshole??? and why the fuck is this asshole still running his ignorant uneducated muck shoveling mouth???

let's recap a bit about this piece of shit before i talk about the BS i'm STILL reading from this guy while trying to eat my lunch.

This motherfucker was made famous by john "fuckhead" mccain during his debate where he quoted this "plumber's" concern over Obama's tax plan saying that he didn't want to pay an increased tax of 3% on his wages when he someday bought his boss' company and earned over $250K per year, which is about what a doctor earns.

you know the rest, we've had to listen to "joe the plumber's" idiotic views on politics on talk shows and radio interviews, this MOTHERFUCKER even commented on foreign policy discussing on a live news program Israel and Obama's policies regarding the middle east.

What the fuck!?!?!? who the fuck is reporting the news that thought it important enough for the country to hear what this fucking plumber thinks about our foreign policy??? i can only think it was done as a fucking joke.

Let's take a look at Joe the plumber's concerns about his tax situation and the 3% increase on large salaries that became the maccain campaign's laughable rally cry....

jOE tHE pLUMBER

1.  this fucking mook is NOT even a fucking plumber. he is just employed by a plumber and he has no fucking license.
2.  he is about 48 years old, lives in like ohio or something and currently makes about $48K per year, but he is so fucking concerned about a 3% tax increase if he makes over $250K??? he's fucking delusional and john mccain must have been senile to have even thought this was relevant.
3.  he CANNOT buy his boss' company UNTIL he becomes a licensed plumber.
4. he CANNOT become a licensed plumber until he pays his back taxes (thats right, this asshole owes the IRS money)
5. his boss' adjusted annual gross and gross personal profit aren't even over $250K per year and therefore would be EXEMPT from Obama's tax plan. So why is this "plumber's" pipe dream relevant to Obama's plan? it was about as relevant as mccain's pipe dream of being president at the ripe old age of 96 or whatever he was...
6. this fucking country is a fucking joke for putting up with this embarrassing shit!!!

so now, the election is over and i celebrate the death of not only maccain and bush and a republican administration that has DESTROYED the world economy amongst other things, but i celebrated the death of an uneducated worthless piece of human shit otherwise known as Joe the plumber......i danced around like fucking Dorothy in the wizard of oz when the wicked witch of the west was crushed by the house!!!! (Well, in my head i did anyway.)

BUT NOW, this motherfucker is back, i have seen two headlines in the last three days regarding his current points of view and about how this motherfucker Joe the dumb plumber never even supported mccain in the first place and was actually disgusted by that old fuck, but he did go on to say PALIN WAS THE REAL THING THOUGH!!!!!

ha ha ha ha ha ha 

i rarely wish bad upon other human beings but Joe the plumber really needs to get DEAD...

or at least stick his own foot up his own ass while spirally fracturing his own leg. That would be newsworthy.

Other than that i dont EVER want to hear another fucking word about this muck shoveling simpleton again unless its a report that he was killed by a large load of shit being flushed through a pipe he was working on for his boss!!!!

nah mean???

word!!!



something wicked this way comes...

hmmmm....the Auto industry bailout bill is having a hard time getting through, maybe because its completely disorganized and they don't really have a plan. And by "they" i mean the government supplying OUR fucking tax money, and the "exercise in futility" otherwise known as the U.S. Auto industry.

I'm not going to get too deep into the facts here because it doesn't really matter, not enough people are going to read this that it will make any difference, and not enough people are ever going to rise up to let THEIR voices be heard, although november 4th of this year sort of renewed my faith in the chance that people actually do want to be heard. 

But the simple version is this, the auto industry has said they need a minimum of $28 Billion to help them get through like the next year. "The next year????" and then what??? more money? this is exactly why i say just let them die.

So then the government plan comes along, YOUR government plan for YOUR money. They propose $14 Billion. Why? The industry has already said they need a minimum of $28 Billion (for what nobody really knows either, for the first several weeks of their request they actually had NO PLAN for the money at all, NOTHING!!!! no more of a plan than you have for that money, literally!!!!)

So why give them $14 Billion when they already said that isn't enough?

why give them anything? it's like life support, just pull the fucking plug already, or better yet just don't HELP them live, let them die on their own. This is a capitalist society, the little man is crushed all the time by capitalism, which is a "Survival of the fittest" system. It always has been. When i get into financial trouble a capitalist government does not come to my rescue, nor should it here.

If they are in fact going to come to a socialist rescue of the auto industry and the banking industry, both private industries where executives are paid hundreds of millions of dollars each, then they might as well take the steps necessary to play a larger role in the finances and economics of all it's private citizens, because its only fair.

If my tax money is going to help people that have TRIED to succeed in business but FAILED, i'd like some of that money too. not that i've failed, but the current economic swing has completely cut off my income.

in these hard times, wouldn't you like some of that money too???

Many retail businesses are already down 80% in their most recent postings, 80%!!! the trade deficeit for the U.S. is ballooning, no body wants our crap and the world economy has slowed down thanks to our ineptitude and they cant afford to buy the crap they do want from us.

We are importing oil at record levels, making our import/export ratio even more fucked up.

Unemployement numbers are through the fucking roof, posted results again today, records since WWII or worse, 20,000 plus job lay offs TODAY alone. I personally know three people that got laid off TODAY alone. How many people do you know that got laid off???

anyway....

i'm going to try some new subjects for my blog soon...

this is too depressing.

but y'all need to WAKE THE FUCK UP!!!

Nah mean???

word!!!

Tuesday, December 9, 2008

fannie may and freddie mac - your gov't sponsered lenders

that's right, Fannie Mae and Freddie mac, they were the lenders for the bulk of the mortgages in the U.S. and are sponsored by YOUR government.

today the CEO's of each testified before congress that they knew sub prime mortgages were a bad risk but went ahead with them anyway because "Everyone else was doing it." they didn't want to miss the chance to make significant profits when "everyone else was doing it."

How is that NOT criminal? how are these two NOT criminals? the largest government sponsored lenders in the U.S. wrote mortgages they KNEW were bad for profit? wait, how is our government NOT criminally responsible here?

how are these two CEO's not being prosecuted as criminals? how are members of OUR government that knew what they were doing NOT being prosecuted as criminals? as fucking con men that ran a PONZI scheme???

They wrote loans they knew were bad, they knew would put homeowners in jeopardy just to make money?

These two CEO's made hundreds of millions of dollars off of these loans, im not sure of the amount but one of the SMALLER loan firms that they followed was Merril Lynch, ever hear of them? Well they went under too, and the CEO that was in charge there walked away with 161 million dollars for defrauding the american people, he wasn't charged criminally either. ONE HUNDRED AND SIXTY ONE MILLION FUCKING DOLLARS is the reward this asshole got for helping collapse the economy and futures of the american people.

But these two CEO's of Fannie mae and freddie mac made the same kind of personal money off this, as did some of the politicians that were supposed to be watchdogging this country and our well being.

Our government took advantage of us here, MANY bankers and CEO's took advantage of us here, and they all walked away with hundreds of millions of dollars each.....what did YOU get out of all of this? a shitty 401k? no christmas bonus? no living wage increase? higher gas prices? maybe you lost your job??? i did, what did YOU lose??? your house???

how did this happen? who is supposed to be REGULATING this free enterprise? 

we were fucking duped!!!

every fucking executive of every financial institution as well as members of our government walked away wealthy here, what about the rest of us???

Oh, and by the fucking way, now YOUR government is taking YOUR tax dollars to help bail all of these companies out!!! they fucked us, got rich in the process and now want more of YOUR money to keep their jobs and high salaries, how's you salary and bonus this year??? HA HA HA HA HA HA HA HA

wake the fuck up!!!

word!!!


are people really that stupid??? stock market BS

i guess they are....i will keep this short...

yesterday the headlines read DOW SOARS ON OBAMA STIMULUS PLAN....

today the headline read DOW DROPS 243 ON ECONOMIC FEARS....

am i to believe the economic fears were quelled yesterday and today they are back for some reason???

Thats what THEY want you to believe, but here in FACT is what really happened...

OBAMA released some news about an economic plan for helping the country recover.

The motherfuckers at the TOP of the food chain (the people not reading this because they have someone do all their reading for them.....) got wind of the press releases BEFORE you did because they are rich and got fucking connections that you can only fucking dream about, then they sunk billions of dollars into stocks causing a RALLY that was joined by smaller fish.....the rally yesterday wound up being in the neighborhood of 260 points or so...

then today the people that got in the earliest, the richest of the rich took their profits...i.e. YOUR FUCKING 401K money that might have been put back into some stock action by the fund managing it.....and today we get a headline...DOW DROPS ON ECONOMIC FEARS...

when the real economic fear is how many more times will the richest wallstreet mother fuckers cause a rally by anticipating news (or worse that ANTICIPATING...maybe CREATING?????hmmmmm.....) and then pull in smaller investors and take their money???

Here's a quick example - American Airlines has fluctuated between 5 dollars per share and 11 dollars per share almost daily but certainly weekly over the past three months. thats over 100% profit taking completely repeated over and over....so if you had 1 million to invest and bought AMR each time it dropped below 6 dollars per share of the last three months which is ABOUT 4 times, and sold it each time it topped 10 dollars per share which is about 4 times in the last three months, that MOMENTUM TRADING would have netted you 4 million in profit off of a 1 million "investment"....thats if you did NOT roll the profit over each time, if you did you would have netted somewhere in the neighborhood of 20 million or something ridiculous off of that 1 million dollar investment.

And believe me there are hundreds if not thousands of people that DID make that kind of a killing over the last three months, while you were sweating at work.

Now, were they "investors"??? no fucking way!!! they weren't buying shares of American Airlines because they believed in the company and wanted to be a part of their future, they didn't even give a fuck what company it was, they bough a worthless piece of paper that fit into a logarithm they had based upon recent price fluctuations....

and that is why, and ONLY fucking why the stock market goes up and down every fucking day, there is no fucking investment in anything in this country.

wake the fuck up!!! this is what you are basing your retirement on, if you were retiring this year you'd be fucked!!! you're basically gambling that you will reach 65 when the stock market is at a peak, it could just as easily be in a valley in which case you will have shit, its fucking 50/50 chance, look at the stock market all the way back to 1993, it has made NO FUCKING GAINS AT ALL except for the peaks, but the valleys are always about the same, 7000 dow or so or whatever the fuck they are, i haven't looked it up lately, its too annoying....

wake up!!!

nah mean???

word!!!

 

Friday, December 5, 2008

why the American Auto Makers should NOT be saved...

the biggest argument FOR the government bailout of the American automakers is that hundreds of thousands of jobs are at stake, maybe one million jobs. But you know what? fuck them....we lost 2 million jobs this year anyway, and probably going to lose at least that much next year too. 

I lost my job, 533,000 others lost their job this month alone. Where was our government bailout??? but this isnt even about spite, or not wanting them to be bailed out because i wasn't. Its because the American automakers make a SHITTY product that doesn't warrant saving.

Even when the economy is at its best, american automakers struggle to turn a profit, similar to the airline companies, but unlike the airline companies, we dont fucking need the american automakers. There are plenty of other options to american made cars and trucks, so why should the government take 100 billion of our tax dollars to try to breath life into this bullshit losing industry only to know that they are going to be in trouble again within the next five years maximum??? that money would be much better spent on some other infrastructure upgrade in this country to create new jobs elsewhere.

The american automakers are the poster child of what happens when you let communist style unions dictate salary increases beyond inflationary, mandate pensions, and other benefits without any connection to profitability or performance.

Many union workers are making 6 figure salaries doing jobs that high school drop outs can do, and while i have no interest in merely stripping anyone of a salary, at the same time it is proven to not work as a business model by the auto industry.

Guys are overpaid, they dont need to do a great job to continue to get raises, and the american product, with very few exceptions, is crap. I think maybe the pick up trucks are a decent product, the cadillac escalade, and the corvette, beyond that it is a bunch of shitty models that change year to year as these union workers struggle to get things right.

Its unfortunate, i know, but jobs are going to be lost in this country no matter what, if our taxpayer money goes into this bullshit, it'll be lost, and that will cause more jobs to be lost somewhere else.

We are already committed to helping out the banking and credit industry, which i hate even more, but at least that has reprocussions and tentacles that stretch out way beyond the industry. The automakers are more localized and like i said, they have never been profitable anyway.

its a losing enterprise, just let it fucking lose!!!

word!!!


that C%#KSUCKER BUSH has finally been defeated, well, psychologically anyway...

i don't know how many of you saw the video a couple weeks back , but at the G4 or whatever it was called, the world summit, Bush walks onto a stage in a line of dozens of world leaders. EVERYONE of them shook EVERYONE'S hand, except for BUSH. Not one single person shook this motherfucker's hand!!! he was a fucking pariah and it was almost hard to watch, except that i was laughing so fucking hard that it wasn't really THAT hard!!!

the world hates him which is something i was literally told 2 weeks ago in both Rome and Amsterdam.

Anyway, today this motherfucker finally admitted defeat on almost everything he has caused. Obviously he didn't own up to all of the blame as he deserves but he at least admitted all of these problems exist.

He said publicly that "the iraq ware cost more and took longer than he expected"....do you think so? he also added that although SADDAM had NOTHING to do with 9-11, and had NO WMD, but went on to say the war still wasn't a mistake BECAUSE it made IRAN take our threats on them not having nuclear weapons seriously.

Wow, even in his admission that things got fucked up he still is a fucking moron. He honestly wants the american people to believe that despite losing 4800 american soldiers (Not too mention the 20,000 that will never walk or look normal again) and spending over a fucking TRILLION dollars, WHILE our economy folded the fuck up losing somewhere in the neighborhood of 4 million jobs during the war, that it wasn't a total waste because IRAN was taking our interests in the nuclear technology seriously???? i can't even comment on that beyond what i just have.

Bush, the asshole, also went on to actually use the fucking word RECESSION, by saying we are in a recession. Which by now what the fuck else could he say??? the U.S. shed 533,000 jobs in November alone, 2 million this year alone. It is the worst economic downturn in at least 34 years and they say it is likely to be the worst since WWII. Which pretty much solidifies his ranking as THE WORST FUCKING PRESIDENT OF ALL FUCKING TIME. 

There were times during his presidency that i was actually embarrassed to be an American. Up until those moments i have always sworn by the phrase "this is the greatest country on earth." but after this asshole, i'm not so sure, neither is 99% of the world.

Let's look at those job loss numbers for a second though, 2 million jobs lost this year, and those statistics are largely compiled by filings for unemployment. But what about the self employed that cant file for unemployment??? like myself. The gov't doesn't know i have a fucking job until every april when i file my tax return.

There are millions and millions of people like me that are NOT reflected in that number from november nor from the 2 million total number for the year. So the TRUTH of the job loss numbers is way worse than what any of these assholes is telling you.

And yet somehow, the STOCK MARKET rallied today!!! LOL...but don't worry, it's still a Ponzi scheme, the DOW will still be hovering around 10,000 or so 20 years from now after millions of more rich mother fuckers cause rallies drawing in the smaller guys then "profit take" the smaller guys money. It will never end.

Lets recap briefly how BUSH created this economic recession, or as i like to call it, a collapse.

Immediately following 9-11 the stock market crashed hard, so hard that we were instantly thrown into a recession (But it didnt crash as hard as it had over these last 3 months!!!). So BUSH spoke of needing an ECONOMIC STIMULUS plan to get the economy back on track.

So they had no fucking plan, instead what they did, BUSH and that COCKSUCKER alan greenspan just reduced the interest rate to 1%, an unprecedented level ever (Until these last 3 months!!! LOLOLOL they never fucking learn do they???)...

THEN they stripped any and all regulation from the credit market, essentially printing money nonstop and handing it out to americans via poorly and criminally written home loans in mortgages, construction loans, re-fi's, etc.

This allowed not only the richest of the rich to get fucking richer by preying on the people that needed this newly printed (and worthless) cash, but it created an opportunity for some little fish that got in early to grab some as well. You know, because it was a pyramid scheme of monumental proportions!!!

The rest of the country just enjoyed what they THOUGHT was prosperity. First time homeowners rejoiced in the american dream being told they had "EQUITY" in their homes of never before thought of amounts.

But they didn't really, now the bulk of them have NEGATIVE EQUITY meaning that they are upside down, meaning that they owe more than their net worth, meaning that they are finished because the credit reporting system in the U.S. is extremely unforgiving.

The only solace they can really take is that they are not alone. Millions of americans are just like them, they too were duped by BUSH's false prosperity (Too which i might add, that asshole many times got on TV and bragged about how great the US economy was doing, even as recently as 6 months ago when it was known by most the world that we were in a recession).

But it's reckoning day for BUSH and GREENSPAN and WALL STREET, this country is built upon a FALSE economy started in the 70's when the gold standard for the dollar bill was thrown out the window. It used to be that for every dollar, there was one dollars worth of gold sitting in some secure place backing its value, but not anymore.

And during BUSH'S presidency, they printed so much fucking money that gold standard is just a vague memory to those of us that even knew it existed, i'd bet the bulk of this country never even knew anything about it...

Americans don't own anything, they borrow money, they lease cars, they use credit cards, etc. those are the fundamentals of the American dream, until it turns into a fucking nightmare which is what we are seeing now thanks to ol' fuckface there.

But maybe, just maybe Obama will try to do right by the american people and not just wall street. Either because he really is that great of a guy, or because he is going to be met with never before seen pressures from millions of americans who are in serious financial trouble, but either way, i think he is going to try to provide some relief, though limited it might be.

Anyway, i'd really like for every american to just WAKE THE FUCK UP!!! and take a look around you and see what the fuck is going on here. 

They are robbing you blind!!! 

nah mean???

word!!!

PS - and while you're being foreclosed on and maybe RENEGOTIATING your loan, there are people getting rich writing those new loans for you as well....enjoy!!!

Wednesday, December 3, 2008

The American "Pyramid Scheme" errrr....i mean "Dream" or is it Ponzi Scheme???

***Pre-Script***

if i was a communist, i'd be wearing a t-shirt that read "Johnny needs a living wage..." but i'm not even close to a communist, i'm all capitalist, well, with one caveat...

REGULATION, we need regulation, not less as some presidential administrations would have you believe, but more, much much more. After all, you have to keep one thing in mind, there are little fish swimming with the big fish. Someone has got to be looking out for the little fish otherwise the big fish will fucking EAT all of the little fish. It will be near impossible for little fish to grow up to be big fish without some help, and not even help, just protection in the form of regulation.

That being said, please read on...

Item #1

Every day that the DOW rebounds at all, there are propaganda style headlines giving some reassuring reason on why things are looking up, and its always a crock of shit because we all know the DOW has made no growth in the last 15 years, not really anyway, and now we are back to a level below where we were 10 years ago, but more on the STOCK MARKET MYTH in a moment.

First let me tell you what todays "Good" news was that caused an early morning rally (Which may have disappeared by now but who cares, the headlines were there this morning...)

The headline on MSNBC read something like "Stocks rebound on better than expected productivity results and low wage pressure..."

The DOW was up like 130 points at this time, so i opened the article and read on, as i do EVERY morning.

Turns out that Domestic productivity was down but not as far down as it was predicted to be. So right off the bat, its not really good news is it? it's just not as bad as was expected. But then the article continues to say that the FED (our gov't's economic watchdog...) is relieved because although productivity is in the shitter, there was little or no wage pressure on employers and they expected inflation to remain stable. Well, so far so good right? Some people thought so, enough that a small rally was started on wall street.

But what does that mean??? WAGE PRESSURE? How does that affect inflation? 

I'm actually REALLY glad you asked, because the news was in fact so good for the american people that i would LOVE to explain it to you further, this is going to be fun...if you could only see the smile on my fucking face right now, it's ear to ear baby....

So wage pressure means, the pressure on employers to give their employees raises. And there is none right now, and even though productivity is down (meaning almost literally there are less domestic products on the market) the prices of these products wont be going up because people have less money to buy said products due to the fact that they have NOT been given a LIVING WAGE increase by their employers this year, and maybe last year too. This is actually turning out to be quite good news for me so far, how do you guys feel about it??? But actually there's a bit more to explain...

Why is there no wage pressure right now??? 

Give me a chance!!! Gosh!!! I'm getting to it, but i'm still glad you are asking these questions because it means to me that you are paying attention to the things your gov't is telling you are good news, because after all, everyone loves to share good news don't they???

There is no wage pressure right now because the american job market is losing jobs at an alarming rate, there were over 250,000 jobs LOST in the U.S. in NOVEMBER ALONE, and what that means to your employer (If you are lucky enough to even have one) is that there are 10 people lined up outside your place of work, just waiting for your job. So of course you ain't gonna get a raise, shit, you had better shut the fuck up about it too because there's someone else they could hire to do your job for less!!!

I don't know about you, but when i read that this morning and watched the market rally, i just got all tingly and warm and fuzzy inside, i can't remember the last time i felt so great, it would have to be in 1993 i think when my parents moved my grandmother into my brothers old room to die, and she did...

With news this good, who were the people that were buying enough stocks on wall street to create a rally??? Was it the people with the jobs that have NO WAGE PRESSURE??? i.e. or e.g. the american people??? the little fish trying to eat??? NOPE, not on your fucking life!!!!!!!

ITEM #2 the Ponzi Scheme --- AKA the american DREAM

I'm going to keep this short because this article, if written in the proper detail to really make you understand the whole scam, would be a thousand pages long, and i don't got that kind of time, patience, nor expertise.

Every dollar that is made in the stock market comes out of another investors pockets, with very few exceptions. So if i make one U.S. Dollar by buying a stock at a low price and selling it at a higher price, that dollar came out of the pocket of some "Investor" that bought that same stock after i did, meaning that i quite literally took his dollar. Now he might make money too, as he hopes he will, because other "investors" might buy that same stock AFTER him, thus allowing him to Sell or profit take, and he can enjoy a profit too. 

But LIKE ANY PYRAMID OR PONZI SCHEME, there is always a bottom, there are always people that got in late and lost money, never to see it again, because don't forget, i already took my profit, and i spent that shit, probably on my porsche, and the guy behind me took his profit and spent that shit too, he  might of got a benz, or took a flight on his G5 like the big dick player that he is.

But what about the guy with the honda? the guy that heard people were making money here? The guy that had the same hopes and wants as me? well, its unfortunate, he obviously didn't go to the proper business school, or have the right kind of parents who could have advised him better, you know what??? fuck that guy, i got my porsche, he just ain't a baller, he aint got it in him.

Don't hate the playa, hate the fucking game!!!

And that is the short version of what the U.S. economy is BUILT ON!!!

the same thing happened in real estate and with all of that phony fucking paper the gov't was handing out to put everyone and anyone into an over inflated house. The people that got in early made tons of money, trillions of dollars, the people that got in later, well, you know, fuck them too... they should of had better father's or educations or whatever they needed to have made money and not be going into foreclosure right now....

this is what happened when fucking BUSH stripped all of the fucking regulations of the banking system and credit market. Millions of people made millions of dollars (BUSH INCLUDED) and the rest, well, you know....

don't hate the playa, hate the game!!!

Thats why foreigners are always more interested in Liquidity than Equity when they come here.

Do you know what the difference is???

that's another article, sorry...

Stay tuned, and wake the fuck up!!!

nah mean???

Playa?

word!!!