The White House Press Secretary weighed in today concerning a couple of Wanda Sykes’ jokes Saturday night:
In his daily briefing Monday, Robert Gibbs distanced the president from comedian Wanda Sykes’ joke comparing Rush Limbaugh to a 9/11 hijacker at the White House Correspondents’ Association Dinner.
“I don’t know how the guests get booked,” Gibbs said, adding that he hadn’t “talked specifically” with Obama about Sykes’ crack.
“I think there are a lot of topics that are better left for serious reflection rather than comedy. I think there’s no doubt 9/11 is part of that,” Gibbs continued.
Tell that to your boss, Mr. Gibbs. This screen cap is from the second Sykes finished her “joke” about Rush Limbaugh being the 20th hijacker on 9/11.
I think we have a new slogan for Obama’s re-election campaign: “Laughter: The new offended.” I haven’t seen Obama this angry since Daniel Ortega’s speech.
While we’re on the subject, why don’t comedians do many jokes on Obama? According to Bill Sheft, a writer for David Letterman, it’s because Barack is just too damn competent. Sheft just wrote an Obama joke and probably doesn’t even realize it.
Writing jokes about President Obama isn’t as tough as they’re leading everyone to believe. I even wrote a few in today’s column. They may not be the greatest, but I’ll put them up against Wanda Sykes’ 9/11 material any day of the week — the difference being that Obama won’t laugh at mine.
Showing posts with label Michelle Malkin. Show all posts
Showing posts with label Michelle Malkin. Show all posts
April 16, 2009
Susan Roesgen; Moron Of The Week
Call the wah-mbulance.
So, the Tea Party protests are “not fit for family viewing” according to one very unhappy CNN reporter, Susan Roesgen, who also fumes over what she calls an “offensive” anti-Obama sign that compares Obama to a fascist. (And yes, I told you this was going to happen.)
But guess what? Newsbusters caught the same indignantly indignant Susan Roesgen covering an anti-Bush rally in New Orleans in which she blithely refers to a huge Bush puppet with horns and a Hitler mustache as a “lookalike.”
She called today’s events “anti-CNN.”
No, just anti-stupid.
CNN earns the Tax Day Tea Party Big Loser Award:
Biased. Busted. Beclowned.
***
Runner-up: Rick Sanchez plays the race card.
Warned you about that, too. Who needs ACORN to do the dirty work when CNN will do it for them?
So, the Tea Party protests are “not fit for family viewing” according to one very unhappy CNN reporter, Susan Roesgen, who also fumes over what she calls an “offensive” anti-Obama sign that compares Obama to a fascist. (And yes, I told you this was going to happen.)
But guess what? Newsbusters caught the same indignantly indignant Susan Roesgen covering an anti-Bush rally in New Orleans in which she blithely refers to a huge Bush puppet with horns and a Hitler mustache as a “lookalike.”
She called today’s events “anti-CNN.”
No, just anti-stupid.
CNN earns the Tax Day Tea Party Big Loser Award:
Biased. Busted. Beclowned.
***
Runner-up: Rick Sanchez plays the race card.
Warned you about that, too. Who needs ACORN to do the dirty work when CNN will do it for them?
March 23, 2009
Obama's School Of Economic Recovery
Now what?
Last week, the Obama administration brought us a $1 trillion Federal Reserve magic trick hatched by the David Copperfield School of Economic Recovery — printing up a trillion bucks and “pumping it into the U.S. economy”…by buying up bonds and mortgage securities…sold and backed by the government.
Today, hapless, truth-challenged tax cheat Treasury Secretary Tim Geithner officially unveils another $1 trillion magic trick. Instead of letting failed banks fail, we’ll have another desperately massive and massively desperate attempt to prop them up through a “public private partnership investment program.” Eager to get the still-unfolding Bonus-gate behind them (see “Geithner Aides Worked With AIG for Months on Bonuses” and “AIG paid over $218 million in bonus payments”), Team Obama leaked details of the plan over the weekend. World stock markets were up this morning, full of audaciously blind hope.
Geithner ’s WSJ op-ed this morning lays out some of the details he failed to deliver when he first unveiled his non-plan plan a month ago:
Today, we are announcing another critical piece of our plan to increase the flow of credit and expand liquidity. Our new Public-Private Investment Program will set up funds to provide a market for the legacy loans and securities that currently burden the financial system.
The Public-Private Investment Program will purchase real-estate related loans from banks and securities from the broader markets. Banks will have the ability to sell pools of loans to dedicated funds, and investors will compete to have the ability to participate in those funds and take advantage of the financing provided by the government.
The funds established under this program will have three essential design features. First, they will use government resources in the form of capital from the Treasury, and financing from the FDIC and Federal Reserve, to mobilize capital from private investors. Second, the Public-Private Investment Program will ensure that private-sector participants share the risks alongside the taxpayer, and that the taxpayer shares in the profits from these investments. These funds will be open to investors of all types, such as pension funds, so that a broad range of Americans can participate.
Third, private-sector purchasers will establish the value of the loans and securities purchased under the program, which will protect the government from overpaying for these assets.
The new Public-Private Investment Program will initially provide financing for $500 billion with the potential to expand up to $1 trillion over time, which is a substantial share of real-estate related assets originated before the recession that are now clogging our financial system. Over time, by providing a market for these assets that does not now exist, this program will help improve asset values, increase lending capacity by banks, and reduce uncertainty about the scale of losses on bank balance sheets. The ability to sell assets to this fund will make it easier for banks to raise private capital, which will accelerate their ability to replace the capital investments provided by the Treasury.
This program to address legacy loans and securities is part of an overall strategy to resolve the crisis as quickly and effectively as possible at least cost to the taxpayer. The Public-Private Investment Program is better for the taxpayer than having the government alone directly purchase the assets from banks that are still operating and assume a larger share of the losses. Our approach shares risk with the private sector, efficiently leverages taxpayer dollars, and deploys private-sector competition to determine market prices for currently illiquid assets.
The self-delusional hope, as the NYTimes put it over the weekend (see “Toxic Asset Plan Foresees Big Subsidies for Investors”), “is that such a generous taxpayer subsidy will attract private investors into the market and accelerate the recovery of the country’s banks.”
Because, you know, the trillions of generous taxpayer subsidies we’ve already poured down the hole have worked such wonders to “accelerate the recovery.”
And because, you know, healthy investment firms will be sooooo eager to accept government funding after watching what happened to AIG.
Mike Shedlock boils it down:
This is similar in nature to fraudulent schemes that promise “what’s inside the bag is worth $1 million, unless you open the bag”.
In this case there may be a few “good bags” similar in nature to salting the mine schemes, but for the most part everyone knows what’s in the bag is toxic garbage. What really makes no sense whatsoever is why the government would risk 97% with shared “upside” instead of just buying it all.
Somehow, Geithner (and Obama by implication) believes that igniting a bidding war between hedge funds and private equity over a bag of cow manure will inspire confidence that there’s gold in the bag. Such insanity cannot possibly work, which means it won’t.
To paraphrase Obama’s favorite president, Abe Lincoln: “You can fool all of the Kool-Aid drinkers some of the time, and some of the Kool-Aid drinkers all of the time, but you can’t fool all of the Kool-Aid drinkers all of the time.”
Last week, the Obama administration brought us a $1 trillion Federal Reserve magic trick hatched by the David Copperfield School of Economic Recovery — printing up a trillion bucks and “pumping it into the U.S. economy”…by buying up bonds and mortgage securities…sold and backed by the government.
Today, hapless, truth-challenged tax cheat Treasury Secretary Tim Geithner officially unveils another $1 trillion magic trick. Instead of letting failed banks fail, we’ll have another desperately massive and massively desperate attempt to prop them up through a “public private partnership investment program.” Eager to get the still-unfolding Bonus-gate behind them (see “Geithner Aides Worked With AIG for Months on Bonuses” and “AIG paid over $218 million in bonus payments”), Team Obama leaked details of the plan over the weekend. World stock markets were up this morning, full of audaciously blind hope.
Geithner ’s WSJ op-ed this morning lays out some of the details he failed to deliver when he first unveiled his non-plan plan a month ago:
Today, we are announcing another critical piece of our plan to increase the flow of credit and expand liquidity. Our new Public-Private Investment Program will set up funds to provide a market for the legacy loans and securities that currently burden the financial system.
The Public-Private Investment Program will purchase real-estate related loans from banks and securities from the broader markets. Banks will have the ability to sell pools of loans to dedicated funds, and investors will compete to have the ability to participate in those funds and take advantage of the financing provided by the government.
The funds established under this program will have three essential design features. First, they will use government resources in the form of capital from the Treasury, and financing from the FDIC and Federal Reserve, to mobilize capital from private investors. Second, the Public-Private Investment Program will ensure that private-sector participants share the risks alongside the taxpayer, and that the taxpayer shares in the profits from these investments. These funds will be open to investors of all types, such as pension funds, so that a broad range of Americans can participate.
Third, private-sector purchasers will establish the value of the loans and securities purchased under the program, which will protect the government from overpaying for these assets.
The new Public-Private Investment Program will initially provide financing for $500 billion with the potential to expand up to $1 trillion over time, which is a substantial share of real-estate related assets originated before the recession that are now clogging our financial system. Over time, by providing a market for these assets that does not now exist, this program will help improve asset values, increase lending capacity by banks, and reduce uncertainty about the scale of losses on bank balance sheets. The ability to sell assets to this fund will make it easier for banks to raise private capital, which will accelerate their ability to replace the capital investments provided by the Treasury.
This program to address legacy loans and securities is part of an overall strategy to resolve the crisis as quickly and effectively as possible at least cost to the taxpayer. The Public-Private Investment Program is better for the taxpayer than having the government alone directly purchase the assets from banks that are still operating and assume a larger share of the losses. Our approach shares risk with the private sector, efficiently leverages taxpayer dollars, and deploys private-sector competition to determine market prices for currently illiquid assets.
The self-delusional hope, as the NYTimes put it over the weekend (see “Toxic Asset Plan Foresees Big Subsidies for Investors”), “is that such a generous taxpayer subsidy will attract private investors into the market and accelerate the recovery of the country’s banks.”
Because, you know, the trillions of generous taxpayer subsidies we’ve already poured down the hole have worked such wonders to “accelerate the recovery.”
And because, you know, healthy investment firms will be sooooo eager to accept government funding after watching what happened to AIG.
Mike Shedlock boils it down:
This is similar in nature to fraudulent schemes that promise “what’s inside the bag is worth $1 million, unless you open the bag”.
In this case there may be a few “good bags” similar in nature to salting the mine schemes, but for the most part everyone knows what’s in the bag is toxic garbage. What really makes no sense whatsoever is why the government would risk 97% with shared “upside” instead of just buying it all.
Somehow, Geithner (and Obama by implication) believes that igniting a bidding war between hedge funds and private equity over a bag of cow manure will inspire confidence that there’s gold in the bag. Such insanity cannot possibly work, which means it won’t.
To paraphrase Obama’s favorite president, Abe Lincoln: “You can fool all of the Kool-Aid drinkers some of the time, and some of the Kool-Aid drinkers all of the time, but you can’t fool all of the Kool-Aid drinkers all of the time.”
March 15, 2009
The Trouble With Megan McCain
You know what’s wrong with Meghan McCain? It’s not her weight. It’s not her voice. It’s not her looks. She’s a beautiful young girl with TV-friendly poise and natural charm. The trouble with Meghan McCain is that, like her father, she has no fixed ideological principles — conservative, liberal, or otherwise. She seems to have inherited the notion that playing the “maaaaverick” imparts her with moral authority and credibility as a fresh voice for the GOP. I’m all for speaking truth to power. But like her father, Ms. McCain’s maaaaverick-iness appears to be rooted less in any firm set of beliefs than in the need for liberal approbation.
Take her “beef with Ann Coulter.” (Ms. McCain’s not the first or only one on the Right to ever criticize her, by the way.) If Ms. McCain sincerely detests Coulter’s “demeanor” and “extreme” thinking, statements, and behavior because they represent “hate” and alienate young voters, then how is it that the same genteel Ms. McCain can cheer the cretinous, left-wing extremist Russell Brand?
Here’s what she wrote on her Twitter page Friday evening:
Russell Brand is freaking hilarious, just started listening to his podcasts on itunes. Everyone should check it out. 6:05 PM Mar 13th from web
She followed up by linking to his website:
http://www.russellbrand.tv/ to everyone that asked, here is russell brand’s website
Ms. McCain, have you forgotten what Russell Brand said about your dad’s running mate and her family? Have you forgotten what he said about President Bush? Here, let me remind you…from my blog post on September 7, 2008:
Reader M.G. writes that the MTV Awards show was the latest venue for vicious Palin family-bashing:
“I know a few people at Viacom and I tuned in to see the MTV music awards tonight. I was disgusted and appalled when the British host Russell Brand started begging America to vote for Barack Obama. Like his opinion matters. He’s not even a citizen. What’s worse is that he attacked Sarah Palin’s pregnant daughter. He made a snide joke that her baby was not a boy or a girl, but a P.R. stunt.”
You can watch Brand’s opening screed here. This cretin’s claim to fame? Dressing up as Osama bin Laden on the day after the September 11 terrorist attacks.
I’ve transcribed some of his Obama endorsement and GOP-bashing, which occurred barely 3-4 minutes into the show:
BRAND: “Now, as a representative of the global community and a visitor from abroad, I don’t want to come across a little bit biased, but could I please ask of you people of America, to PLEASE ELECT BARACK OBAMA. Please! On behalf of the world. (Camera pans to singers Chris Brown and Britney Spears applauding and cheering.) Some people, I think they’re called racists, say that America is not ready for a black president. But I know America to be a forward-thinking country, right. Because, otherwise, you know, would you have let that retarded cowboy fellow be president for eight years?
We were very impressed. It was nice of you to let him have a go. Because in England, George Bush wouldn’t be trusted with a pair of scissors.
I am obliged by broadcasting law to show some balance in this situation, which means, uh, the Republicans might be alright. Sarah Palin. She’s a VILF! A vice president I’d like to…fumble, fondle, I dunno. I do feel a little bit sorry for her daughter, getting pregnant, poor kid. Is it a boy? Is it a girl? It’s a P.R. stunt. Come on. Be honest.
And I feel most sorry for that poor teenaged father. Boy. One minute, he’s just a teenaged lad in Alaska having joyful, unprotected sex. And the next minute: Get to the Republican convention. I think that is the best safe sex message of all time. Use a condom or become Republican! …That boy will spend the rest of his life masturbating while wearing a condom…
…New music, new president, and brand new America. And you people deserve it after eight years of Bush. I promise you, you deserve it…
Does the GOP need a new generation of conservatives who can defend our core values against the constant campus/media/Hollywood/effete European onslaught? Hell, yes.
Does the GOP need rudderless, self-defeating representatives who embrace pop culture demagogues on the Left while castigating the incivility of the “extreme Right?” Hell, no.
In her blog post on Coulter last week, Ms. McCain wondered: “Is she for real or not? Are some of her statements just gimmicks to gain publicity…or does she actually believe the things she says? Et tu, Meghan?
More reminders: Ms. McCain’s favorite comedian went on last fall to trash the Jonas Brothers for vowing to abstain from premarital sex before marriage. He had planned even more disgusting, vicious jokes — some aimed at Ms. McCain’s father and another involving an electric chair gag targeting the Palins:
The British comedian appeared to annoy celebrities and some fans when he made a series of risque political and sexual jokes hosting the 25th anniversary show. But Brand, who called for Americans to vote for Democratic nominee Barack Obama in the presidential elections, claimed censors at the channel had already toned down his routine and vetoed several jokes.
He said: “I had John McCain gags pulled. And they asked me to tone down the gags about Sarah Palin. I wanted to say she was forcing her teenage daughter to have a baby because she is so anti-abortion.
“But also, as a Republican she is pro-execution so she is going to give her the electric chair for being a little slut.
“They weren’t keen on that one.”
Neverthless, he did manage to include a reference to George W Bush as a “retarded cowboy” during the routine.
Last fall, the BBC suspended Ms. McCain’s favorite comedian over prank phone calls he made to British actor Andrew Sachs in which he made a string of lewd comments about the actor’s granddaughter:
Mr Sachs’s granddaughter, 23-year-old Georgina Baillie, said the family was still considering a formal complaint to police – a move that could lead to the presenters facing prosecution for making a nuisance call. She said: “What is funny about humiliating a lovely old man who has never harmed anyone in his life? We’re very close and I can’t tell you how much it hurts to know they were so unkind to such a sweet person. They should at least pay for what they’ve done with their jobs.”
Ross and Brand left a series of obscene messages on the answering machine when they could not reach Mr Sachs, 78, for a pre-arranged phone interview. Each message, aired on October 18 after senior producers authorised the programme for broadcast, contained lewd jibes about how Brand he had slept with Ms Bailie. Further transcripts of the programme have emerged in which Ross and Brand joke about breaking into Mr Sachs’ house and performing a sex act on him by way of apology.
Ms Bailie, a burlesque performer known as Voluptua, confirmed she slept with him three times in late 2006 but said: “It was never going to be a serious relationship but I felt I could trust him as a friend. I feel utterly exposed and betrayed.
“What happened between us was supposed to be private but he is clearly no gentleman. What girl would ever want to have to tell their granddad who she slept with? He hasn’t asked me about it because he is too much of a gentleman – unlike Russell Brand.”
She added: “It was bad enough that they recorded these things on my grand-father’s answer machine but astonishing the BBC saw fit to broadcast it when they could have stopped it.”
What, exactly, does Ms. McCain find “freaking hilarious” about Russell Brand? If not his diatribes against social conservatives and mockery of 9/11, then what? Is it the photo of him urinating in the desert? The videos of him prancing around in his underwear? Or perhaps we’re just too old and too unhip to understand the humor and need to lighten up in order to broaden our base? Is that the takeaway?
How, exactly, does Ms. McCain reconcile her fervent disdain for Coulter with her fevered endorsement of an anti-American vulgarian who hates everything the Republican Party stands for?
I’d freaking like to know.
Take her “beef with Ann Coulter.” (Ms. McCain’s not the first or only one on the Right to ever criticize her, by the way.) If Ms. McCain sincerely detests Coulter’s “demeanor” and “extreme” thinking, statements, and behavior because they represent “hate” and alienate young voters, then how is it that the same genteel Ms. McCain can cheer the cretinous, left-wing extremist Russell Brand?
Here’s what she wrote on her Twitter page Friday evening:
Russell Brand is freaking hilarious, just started listening to his podcasts on itunes. Everyone should check it out. 6:05 PM Mar 13th from web
She followed up by linking to his website:
http://www.russellbrand.tv/ to everyone that asked, here is russell brand’s website
Ms. McCain, have you forgotten what Russell Brand said about your dad’s running mate and her family? Have you forgotten what he said about President Bush? Here, let me remind you…from my blog post on September 7, 2008:
Reader M.G. writes that the MTV Awards show was the latest venue for vicious Palin family-bashing:
“I know a few people at Viacom and I tuned in to see the MTV music awards tonight. I was disgusted and appalled when the British host Russell Brand started begging America to vote for Barack Obama. Like his opinion matters. He’s not even a citizen. What’s worse is that he attacked Sarah Palin’s pregnant daughter. He made a snide joke that her baby was not a boy or a girl, but a P.R. stunt.”
You can watch Brand’s opening screed here. This cretin’s claim to fame? Dressing up as Osama bin Laden on the day after the September 11 terrorist attacks.
I’ve transcribed some of his Obama endorsement and GOP-bashing, which occurred barely 3-4 minutes into the show:
BRAND: “Now, as a representative of the global community and a visitor from abroad, I don’t want to come across a little bit biased, but could I please ask of you people of America, to PLEASE ELECT BARACK OBAMA. Please! On behalf of the world. (Camera pans to singers Chris Brown and Britney Spears applauding and cheering.) Some people, I think they’re called racists, say that America is not ready for a black president. But I know America to be a forward-thinking country, right. Because, otherwise, you know, would you have let that retarded cowboy fellow be president for eight years?
We were very impressed. It was nice of you to let him have a go. Because in England, George Bush wouldn’t be trusted with a pair of scissors.
I am obliged by broadcasting law to show some balance in this situation, which means, uh, the Republicans might be alright. Sarah Palin. She’s a VILF! A vice president I’d like to…fumble, fondle, I dunno. I do feel a little bit sorry for her daughter, getting pregnant, poor kid. Is it a boy? Is it a girl? It’s a P.R. stunt. Come on. Be honest.
And I feel most sorry for that poor teenaged father. Boy. One minute, he’s just a teenaged lad in Alaska having joyful, unprotected sex. And the next minute: Get to the Republican convention. I think that is the best safe sex message of all time. Use a condom or become Republican! …That boy will spend the rest of his life masturbating while wearing a condom…
…New music, new president, and brand new America. And you people deserve it after eight years of Bush. I promise you, you deserve it…
Does the GOP need a new generation of conservatives who can defend our core values against the constant campus/media/Hollywood/effete European onslaught? Hell, yes.
Does the GOP need rudderless, self-defeating representatives who embrace pop culture demagogues on the Left while castigating the incivility of the “extreme Right?” Hell, no.
In her blog post on Coulter last week, Ms. McCain wondered: “Is she for real or not? Are some of her statements just gimmicks to gain publicity…or does she actually believe the things she says? Et tu, Meghan?
More reminders: Ms. McCain’s favorite comedian went on last fall to trash the Jonas Brothers for vowing to abstain from premarital sex before marriage. He had planned even more disgusting, vicious jokes — some aimed at Ms. McCain’s father and another involving an electric chair gag targeting the Palins:
The British comedian appeared to annoy celebrities and some fans when he made a series of risque political and sexual jokes hosting the 25th anniversary show. But Brand, who called for Americans to vote for Democratic nominee Barack Obama in the presidential elections, claimed censors at the channel had already toned down his routine and vetoed several jokes.
He said: “I had John McCain gags pulled. And they asked me to tone down the gags about Sarah Palin. I wanted to say she was forcing her teenage daughter to have a baby because she is so anti-abortion.
“But also, as a Republican she is pro-execution so she is going to give her the electric chair for being a little slut.
“They weren’t keen on that one.”
Neverthless, he did manage to include a reference to George W Bush as a “retarded cowboy” during the routine.
Last fall, the BBC suspended Ms. McCain’s favorite comedian over prank phone calls he made to British actor Andrew Sachs in which he made a string of lewd comments about the actor’s granddaughter:
Mr Sachs’s granddaughter, 23-year-old Georgina Baillie, said the family was still considering a formal complaint to police – a move that could lead to the presenters facing prosecution for making a nuisance call. She said: “What is funny about humiliating a lovely old man who has never harmed anyone in his life? We’re very close and I can’t tell you how much it hurts to know they were so unkind to such a sweet person. They should at least pay for what they’ve done with their jobs.”
Ross and Brand left a series of obscene messages on the answering machine when they could not reach Mr Sachs, 78, for a pre-arranged phone interview. Each message, aired on October 18 after senior producers authorised the programme for broadcast, contained lewd jibes about how Brand he had slept with Ms Bailie. Further transcripts of the programme have emerged in which Ross and Brand joke about breaking into Mr Sachs’ house and performing a sex act on him by way of apology.
Ms Bailie, a burlesque performer known as Voluptua, confirmed she slept with him three times in late 2006 but said: “It was never going to be a serious relationship but I felt I could trust him as a friend. I feel utterly exposed and betrayed.
“What happened between us was supposed to be private but he is clearly no gentleman. What girl would ever want to have to tell their granddad who she slept with? He hasn’t asked me about it because he is too much of a gentleman – unlike Russell Brand.”
She added: “It was bad enough that they recorded these things on my grand-father’s answer machine but astonishing the BBC saw fit to broadcast it when they could have stopped it.”
What, exactly, does Ms. McCain find “freaking hilarious” about Russell Brand? If not his diatribes against social conservatives and mockery of 9/11, then what? Is it the photo of him urinating in the desert? The videos of him prancing around in his underwear? Or perhaps we’re just too old and too unhip to understand the humor and need to lighten up in order to broaden our base? Is that the takeaway?
How, exactly, does Ms. McCain reconcile her fervent disdain for Coulter with her fevered endorsement of an anti-American vulgarian who hates everything the Republican Party stands for?
I’d freaking like to know.
February 23, 2009
Your $800,000 House Isn't My Problem!
Repeat after me: Property value-preservation is not a civil right.
Craig Meister at the Examiner.com points me to this typical CNN sob story clip of a bus driver named Minta Garcia who is demanding that President Obama halt all foreclosures. She’s underwater on an $800,000 home.
From the transcript:
ACOSTA: Like countless other Americans, Garcia admits she and her husband bought more house than they could afford, but she says the lender made the purchase all too easy. Now her mortgage is worth more than her house.
(on camera): How much was the house when you bought it?
GARCIA: Eight hundred.
ACOSTA: Eight hundred thousand dollars?. And how much is the house worth?
GARCIA: Right now, it’s like $675,000 on the market.
Tell you what, Mrs. Garcia. We’ll help you out with your bad financial investment when you agree to help the rest of us make up for our stock portfolio losses.
Cry me a river.
Craig Meister at the Examiner.com points me to this typical CNN sob story clip of a bus driver named Minta Garcia who is demanding that President Obama halt all foreclosures. She’s underwater on an $800,000 home.
From the transcript:
ACOSTA: Like countless other Americans, Garcia admits she and her husband bought more house than they could afford, but she says the lender made the purchase all too easy. Now her mortgage is worth more than her house.
(on camera): How much was the house when you bought it?
GARCIA: Eight hundred.
ACOSTA: Eight hundred thousand dollars?. And how much is the house worth?
GARCIA: Right now, it’s like $675,000 on the market.
Tell you what, Mrs. Garcia. We’ll help you out with your bad financial investment when you agree to help the rest of us make up for our stock portfolio losses.
Cry me a river.
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