Archive » Subprime crisis

(Photoshop credit: Radio Vice Online)

The Tennessee Republican Party takes on the federal mortgage entitlement mentality.
I’m buying one of these bumper stickers today (though I’m a renter, I like their message).

From the TN GOP party press release:
The Tennessee Republican Party has released a new bumper sticker designed to let people express their frustration with the relentless march by the [...]

If it isn’t fraudulent ACORN foreclosure “victims” siphoning off taxpayer funds, it’s well-off home borrowers in Nancy Pelosi’s backyard demanding a piece of the mortgage bailout pie.
Moochers to the left of me, moochers to the far left…
Legislation heading to the floor of the House today would help more Bay Area homeowners qualify for the mortgage [...]

My column this week expands on my debunking of ACORN’s sob story foreclosure “victims.” In the latest developments on the Baltimore ACORN break-in, ACORN activist Donna Hanks was arrested and criminally charged. Just one more on top of her other brushes with the law (which the Washington Post and others have yet to report). [...]

The Taxpayers Clearinghouse Prize Patrol travels to NYC, NJ, and Washington to present huge bailout checks to AIG, Citi, and other lucky winners of the bailout bonanza.
Plus: Showering Treasury Secretary Tim Geithner with cash:

Brought to you by the same creative folks who are offering the personal bailout contest at www.right.org.

Obama-capulco Cliff Dive! Look out below…

(Also can be used to accompany news of AIG record loss report.)
No kidding:
Wall Street has turned the clock back to 1997. Investors unable to extinguish their worries about a recession that has no end in sight dumped stocks again Monday. The Dow Jones industrial average tumbled 251 points to its [...]

Your casa is not my casa.

On Feb. 18, I warned about the ACORN civil disobedience mob working in ideological tandem with Barack Obama to bully Washington into passing a massive new foreclosure prevention/mortgage entitlement scheme. On Feb. 20, I noted that ACORN garnered nationwide media attention for breaking and entering into a foreclosed home in Baltimore at 315 South [...]

Both parties in Washington are united behind the principle that it is government’s role to prevent a massive number of foreclosures — and use your money to bail underwater homeowners out.
Why?
Last July, I chronicled a case study in why the tax dollars of responsible taxpayers should not be siphoned off to indiscriminately rescue borrowers [...]

Criminal.

I want you to look at this chart, via AngryRenter.com. While ACORN and the housing entitlement mob get all the press, look who’s not getting attention.

Now, here’s some feedback in response to my appearance on FNC’s Neil Cavuto show this afternoon in support of renters (self included) who are getting the shaft from the [...]

On the home front.

Wish list.

“ALL OF US WILL PAY.”

Photoshop credit: Leo Alberti
My syndicated column today looks at the massive mortgage entitlement campaign launched by President Obama today — and the concurrent, anti-foreclosure bullying campaign launched by ACORN. I’ve been warning about this for weeks (see here, here, here, and here) — and in particular, I’ve been blasting the Republicans for playing right [...]

The left-wing propagandist Michael Moore is working on his next project — a documentary about America’s financial collapse. He’s trolling Daily Kos and Twitter in search of whistleblowers, and has posted a solicitation on his website.
I think it’s fairly safe to assume he won’t be grilling Barney Frank, Maxine Waters, Franklin Raines, Chris Dodd, Bill [...]

Great anti-bailout website: Do The Right Thing.
They’re running a contest:
$28,130 could be yours
You are probably as upset about the bailouts as we are. Well, Washington isn’t listening, so let’s turn up the volume. Come up with an idea, grab a camera, and send us your best 30-second video opposing government bailouts.
Be creative. Make us laugh. [...]

The House Financial Services Committee dog-and-pony, bash-the-banks theater has just taken a recess.
I’m ready to puke. If there’s one thing more maddening than the private companies that crawled to the feds for a bailout, it’s the bailout Chicken Littles sanctimoniously inveighing against them for spending all the TARP money they forked over in a blind [...]

Click here for update…Julio gets a new job…

Gracious God!
My syndicated column today covers the cult of entitlement. One interesting footnote about Henrietta Hughes’ home donor that I forgot to note yesterday. Did you know that Chene Thompson is a Republican? In my column, I explore President Obama’s choice of Ft. Myers for his second stimulus [...]

“Partnership.”

I uploaded the entire Sellout Substitute Amendment championed by the Turncoat Caucus this weekend. Did you read through to the very end of the 778-page legislative text? Did your Senator? If you did, then you saw this:
SEC. 7001. MANDATORY LOAN MODIFICATIONS.
Section 109(a) of the Emergency Economic Stabilization Act of 2008 (12 U.S.C. 5219) is amended—
(1) [...]

Rescue me.

“Desperate always reaps stupid.”

Photoshop credit: George of Elegant Memories

File under “Dude, where’s my bailout?” And make way for another suckling. I’m in the wrong business:
U.S. auto parts suppliers are asking for up to $20.5 billion in federal aid to survive the worst industry downturn in decades, the Automotive News reported on Wednesday.
Suppliers are asking for $10 billion in [...]

Scroll down for updates…Heritage, NTU, FreedomWorks, Club for Growth all oppose…
I am not the only one raising hell about Sen. Mitch McConnell’s moronic, multi-billion-dollar mortgage entitlement plan.
Yesterday, I printed the Heritage Foundation’s letter to the GOP leadership assailing the Big Government proposal.
Today, Ed Glaeser weighs in with a WSJ op-ed: The GOP Has a [...]

$500 billion?!?!

Grubby.

Why is this corruptocrat smiling?

From bad to worse.

Reflection.