August 02, 2008
August 01, 2008
A HousingPANIC message for John McCain: You're going to lose. Bad. Go down with honor, or better yet, step aside.
I feel sorry for John McCain.
He had a decent image, and a decent message, in his post-Keating Five Senate career, and when he ran against Bush in 2000.
And then, in a desperate last-chance reach for power, he became a whore.
He kissed the ring of the religious right.
Then he kissed the ass and failed policies of George W. Bush the Idiot.
And now he kisses his reputation and good character goodbye with a mean, issue-free, directionless, messageless and shallow candidacy.
John McCain, evidently being advised by monkeys, has become a sad, sad man, and a terrible candidate. Perhaps the worst major party candidate for president since Walter Mondale.
The GOP still has time to right this wrong, and nominate a credible and serious candidate for president. Give us Newt. Give us Mitt. Give us Ron Paul. Hell give us Bobby Jindal.
McCain will be routed, and deep down you all know it. He's untrusted by the Republicans, hated by Independents, and not even considered by Democrats.
Come on GOP - make this a race. Give us the "New GOP" - NOW. Don't wait until 2012, or 2016, or 2020, or 2024. Feed on the anger toward your own party. Make the housing crash bailouts and government spending YOUR issue. Run against your own incompetent president. And throw McCain under the bus. Now.
It's not too late.
John McCain - for the good of your lost party, step aside. "Health reasons" is a good one. Let a viable candidate go against Obama. Or sadly continue on, but lose with honor.
Life is too short to be an ass. Life is too short to be a Rove-Republican. Life is too short to run the classless, mean-spirited, dishonest and desperate campaign you're running.
Life is too short to be the "new" John McCain. A desperate and sad political whore, about to meet his fate as America's Biggest Loser.
It's been one year since this infamous live Jim Cramer CNBC meltdown (and youtube fame). Think about all that's come to pass since then...
* Bernanke panicked, and took rates down too far for too long (hmmm... why does that sound so familiar?)
* Commodity prices went to the moon, while the US dollar collapsed
* Bear Stearns, Countrywide and IndyMac went under, while Washington Mutual (who Cramer mentions at the end) falls to the brink of insolvency
* All the financial and REIC stocks got murdered, and hundreds of thousands of bankers and REIC lost their jobs
* Home prices fell like a rock
* Pro athletes and year-round-golf in Phoenix couldn't save the day, and idiot realtors on commission still stuck with ramen for dinner
* Angelo Mozilo STILL hasn't been arrested
Watch the video again, think about what's transpired these past 12 months, and get your predictions in now on what the next year looks like
Love him or hate him, that Cramer sure is entertaining... I loved this video that day, and it's even better now, aging like a fine wine...
And then the Governor of New York gave the honest economic-realities speech that George W. Bush the Idiot hasn't had the courage or wisdom to give
"It is time for New York and other governments to cut up our credit cards. The era of buy now and pay later and later is over!"
- New York Governor David Paterson, July 31, 2008
FLASH; Toxic lender IndyMac files for Chapter 7 liquidation / bankruptcy protection. Gee, what a shock, eh HP'ers? No, we never saw that one coming!
Now if we can just get the Feds to pick up Michael Perry and toss him in the clink, we'll be done with this sordid chapter.
IndyMac Bancorp Files for Liquidation After Seizure
IndyMac Bancorp Inc., the second- largest U.S. independent mortgage lender before it was seized by federal bank regulators three weeks ago, filed to liquidate its remaining assets under bankruptcy protection.
The MSM won't report it, but yet another politician is proven to be a lying scumbag. Here's the latest on the John Edwards mistress love-baby scandal
Nothing to do with housing, but a lot to do with the dishonest scum running around DC these days
Larry Craig
Ted Stevens
David Vitter
Mark Foley
Chris Dodd
Kent Conrad
Claude Allen
And now John Edwards, come on down... when you get out of the bathroom, we've got a few questions for you...
DC needs an enema folks. Vote 'em all out and start over.
It must be a strange feeling to be the town idiot.
"There is no real estate bubble. Bubbles are for bathtubs."
-Kendra Todd, September 2006
