23 February 2009

Stay Out of My Corn

STAY OUT OF MY CORN!!! Monday, 23 February 2009

I must apologize for my extended absence... No excuses... Everything here is fine... Just been extremely busy! But, now... I’M BA-A-A-ACK!!!

When I last wrote to you, BHO had just descended from “on high” and landed at Mile High Stadium in Denver. Within a month, the banks were in dire straits (Not entirely BHO’s fault; although he, along with the other “Fools On Capitol Hill” are all culpable)... The “Fools On Capitol Hill” (The “FOCH’s”) just had to do something (although they didn’t have a clue as to what they specifically should do). The result? The $700+ billion TARP bill has money going “somewhere” in order to save the banking industry & provide the funding to stimulate lending... To date, there still has not been an increase in consumer credit or issuance of mortgages!

Fast-forward to January 21st, 2009...

“What’s going on”, asks the FOCH’s. “It’s so much worse than anything EVER! What to do? What to do?” So, what did they do? The FOCH’s decided to take another $1.3 TRILLION dollars from American tax-payers & flush that money down the same drain! It’s not that the first wad of cash spent wasn’t what was needed... OH, NO!!! The problem is that we didn’t spend enough! Oh... By the way... That last $1.3 trillion just wasn’t enough (How do these geniuses know that $1.3T isn’t enough, since none of that money has yet to be released?)... WE HAVE TO PUT TOGETHER ANOTHER SPENDING BILL FOR ANOTHER $2.2 TRILLION DOLLARS!!! Because, if we don’t get that money right now... LIFE AS WE KNOW IT WILL CEASE TO EXIST!

Hey! Chicken-Little! Get out of my corn!

Let’s look at the so-called “mortgage crisis”. Simply put... There is no crisis! Anyone who tells you that there is a “mortgage crisis” is either lying to you, or they are just the dumbest rock on the planet! Why? Because the latest mortgage industry statistics show that 97% of mortgagees are current and they make their mortgage payments on time. SO WHERE IS THE CRISIS? Answer: THERE IS NO CRISIS!!! Oh... By the way... The so-called “mortgage crisis” is limited to just these five states: #1...Nevada; #2...California; #3...Arizona; #4...Michigan; and #5...Florida. Although there is no “mortgage crisis” the FOCH’s are bound & determined to get into our pocketbooks again!

HEY! CHICKEN-LITTLE!!! I’VE ALREADY TOLD YOU ONCE TO
STAY OUT OF MY CORN!!! I’M NOT GOING TO TELL YOU, AGAIN!!!

News Flash!!! The Congressional Budget Office releases scoring of TARP and the “Pork-U-lous Spending” bill... Taxpayers are on the hook for more than $20 TRILLION dollars!!!

Alright, DAMN-IT! Where’s my hatchet?
“He-e-ere! Chicky! Chicky! Chicky!”