July 01, 2008

Leverage: Fun on the way up. And feels like a ton of bricks just landed on your head on the way down.

The world has never seen leverage like it has the past few years. And it will be generations and generations until it does again. If it ever does again.

16 comments:

Aaron said...

Stick figure man won't get much leverage with the fulcrum in the middle like that.

Shame on America said...

After Bushco-Cheneyburton the world will never trust America again. Ever.

And Rightfully so.

Would YOU loan the American Leaders Money?

Didn't think so. Me either.

Shame on you
Shame on your Family.

SHAME ON AMERICA.

k.w. - Southern Ca. said...

Yes ... once trust is gone, it's not coming back from these screwed foreign (also greedy) investors.

Shame on America said...
After Bushco-Cheneyburton the world will never trust America again. Ever.

And Rightfully so.

Would YOU loan the American Leaders Money?

Didn't think so. Me either.

Shame on you
Shame on your Family.

SHAME ON AMERICA.

panicearly said...

leverage was how the pyramids got built..lol

Anonymous said...

leverage RulZ!!! oh wait.... it has to end sometime?.......never mind....

Give the condos to the homeless said...

leverage was how the pyramids got built..lol

yeah...but we used it to build a bunch of useless "pseudo-luxury" high rise condos.

Agent 99 said...

"Give me a lever and a place to stand and I can move the world."

Archimedes

"Give me some leverage and get out of my way and I can destroy the world markets."
Citigroup, Bank of America, Bear Stearns, Wachovia, SunTrust, MBIA, Ambac, JP Morgan, UBS, et al.

Anonymous said...

tick, tick, tick,

KaBOOM!

Fuck a New Depression. I say pick up "leverage" and have a New Revolution. Illegal Aliens First for a warm up and then proceed directly to the truly Guilty.

Happy July 4th
INDEPENDENCE DAY -ha ha ha ha.

Home of the Free and the Brave?

I don't think so.

Anonymous said...

agent 99 -- Well said.

...
"Give me a lever and a place to stand and I can move the world."

Archimedes

"Give me some leverage and get out of my way and I can destroy the world markets."
Citigroup, Bank of America, Bear Stearns, Wachovia, SunTrust, MBIA, Ambac, JP Morgan, UBS, et al.

---

What are the chances that ultimately we will see all the top management held accountable? Answer: Less than .000000001 % chance. We as a society are unwilling or unable to take our medicine and turn from our foolishness.

LSJohnson said...

Please don’t think that foreclosure doesn't affect you. The decline in property values based on foreclosure, effects the entire subdivision.

The best thing that we can do is help our neighbors by providing information and resources. We can do this through neighborhood initiatives via HOA (door hangers, letters, flyers, etc).

GREED IS GOOD. said...

"The best thing that we can do is help our neighbors by providing information and resources. We can do this through neighborhood initiatives via HOA (door hangers, letters, flyers, etc).
July 01, 2008 6:15 PM"

LOL. Take the keys and the home and Put them out in the street. Children First, then adults. Keep your weapons loaded and handy.

Desperate hungry 'neighors' will kill you for your resources.

Call George Bush c/o White House (for now, likley the Big House in the near future) and learn more about 'Faith-based' programs. Only $4.99 per minute charged to your valid M/C or Visa...

Bwa ha ha ha ha.

They can watch the big TV from the sidewalk. Throw ome ramen packages 5/ $1.00 at them. They have to learn sometime...

Pain. Agony. Defeat.

The New American Way.

GREED IS GOOD.

shtove said...

Great cartoon - says it all without messing with your mind.

Anonymous said...

The best thing that we can do is help our neighbors by providing information and resources.

Do you mean the same neighbors who treated us like lepers when they found out we're renters and not irresponsible gamblers or fraudsters? Nope, I pass. I want them to go homeless so I can buy their $hit for pennies on the dollar. No more Mr. Nice Guy from me.

Anonymous said...

Please don’t think that foreclosure doesn't affect you. The decline in property values based on foreclosure, effects the entire subdivision.

Uh-oh, not really. I sold at bubble peak, tax free, and am just waiting for the bottom so I can fleece the stupid homedebtors and flippers...you know, the same idiots now chanting "Yes We Can". It doesn't "affect" me a bit; I'm ironing my zillion $500 Euro bills as we speak.

Anonymous said...

Hey, I love leverage, especially when the socialist gov gives a tax deduction on the interest, which augments the return.

The problem is that financial retards don't realize that leverage is only good on the way up, and horrible during downturns.

Anonymous said...

to Anonymous July 01, 2008 2:48 PM

no, no, no, its
"Home of the FreeLoader and the Slave"