DarthKeller's Blog

The ravings of a Sith Conservative!

Archive for the ‘Economy’ Category

No Foreclosures without Gov’t Review… WHAT!?

Posted by darthkeller on February 25, 2010

While checking out the interwebs today I noticed an article that struck my fancy:
Obama May Prohibit Home-Loan Foreclosures Without HAMP Review.

Please, allow me a moment to get this straight: Liberals wanted MORE regulation and oversight so that there would be no chance of discrimination when buyers went to secure a home loan. Discrimination would not be allowed based on race, sex, sexual orientation, religion, or ability to pay back the loan. Correct?

Since I like Bawney Fwank, I’ll use his quotes:

And here he is lying about what he said:

So, Liberals pushed us into Fannie/Freddie, which banks KNEW would be a bad idea, and in 2008 it all came crashing down when banks were not getting paid back on the loans they were FORCED to approve.

Now, Obama wants to ensure that if a bank starts foreclosure proceedings, they cannot foreclose on the house until the Home Affordable Modification Program has a chance to check everything out.

Are they expecting that the borrower simply chose not to pay even though they have the money and the threat of a government agency which sounds like an overused recreational drug is going to scare them into paying? No, they just want to screw with the system even more than they already have.

Let me break it down for you: When a bank lends someone $100,000 for a home, they have an appraiser look at the home to ensure that it’s worth the loan. Then they expect to be paid back, a little at a time, each month, by the “owner” of the home (the bank actually owns the property, hence the reason you’re paying them for it). If they stop receiving payment from you, they are out $100,000. So, they will foreclose on the house and put it on the auction block. Why? Because selling a $100,000 for $50,000 is better than getting $0 for it.

This is just another ploy by the Obama administration to do two things:
1) Strengthen ACORN and ACORN-esque groups. They are able to break into homes that are owned by the bank, which gives them credibility to help the “little man” out. Actually, they are using the “little man” to push their power-hungry agenda
2) Keep the banks under their foot. Remember, this is the administration that forced banks to take TARP money, then wouldn’t allow them to pay the money back without a strings attached. Why? CONTROL

So, there you have the Liberal mindset: Create an agency, then a program for that agency. Screw up everything by stupid rules and regulations. Pretend to ride in and save the day. Once the day is “saved”, refuse to leave and ride off into the sunset, instead, stick around and enslave the people!

I bet it does better than most of the crap that comes out of Hollywood these days.

Posted in Economy, History, Politics | Tagged: , , , , | Leave a Comment »

Using Darwin to Explain the Economy and Capitalism

Posted by darthkeller on October 29, 2009

Since I know a lot of Liberals look to Darwin almost as reverently as they do Obama, I thought this post should incorporate his greatest theory and explain how and why what the Democrats are doing can only be called “stupid”.

A lot of people believe that Darwin created the theory of Evolution.  This is incorrect.  He theorized “Natural Selection”.  It was the combined work of several geneticists, including Gregor Mendel, Hugo de Vries, WFR Weldon and RA Fisher, who took Darwin’s theory of Natural Selection and from that, along with Mendelian genetics, came up with “evolution” as we now know it.

So, then, what is Natural Selection? That’s very easy.  Let’s say we have two lions, each of them is 100 yards from a gazelle who is quietly grazing.  Both lions begin, at the same rate, to move towards the gazelle.  Now, it is important to note one difference in the lions, and this is the only difference between them, one lion is the tan color we see in all lions, the other is hot pink.  As they get closer to the gazelle, the gazelle begins to look around, sensing something is wrong.  Seeing the hot pink lion, he moves in the opposite direction, unknowingly towards the tan lion.  The tan lion is then able to kill and eat the gazelle.  Do this simple process again and again, and the hot pink lion starves, unable to pass on his hot pink genetics.

“Survival of the fittest”, is what this is called.  The lion that was most able to catch food is the lion that will survive… always.

Now, how does this apply to the economy and to capitalism?  Well, I’m going to tell you, right now.

What Darwin really stated was this: In nature, competition will always occur, and the “fittest” specie will always win.  This is exactly the same principal on which capitalism is built.  Greed…

To quote Michael Douglas:

The point is, ladies and gentleman, that greed — for lack of a better word — is good.

Greed is right.

Greed works.

Greed clarifies, cuts through, and captures the essence of the evolutionary spirit.

Greed, in all of its forms — greed for life, for money, for love, knowledge — has marked the upward surge of mankind.

And greed — you mark my words — will not only save Teldar Paper, but that other malfunctioning corporation called the USA.

“Greed is EVIL!” Yeah yeah, you’ve had your turn to talk, now shut up! Where would we be without greed? Let me paint you a picture.
First, I wouldn’t be typing this message… Why not? Well, without greed Bill Gates and Steve Jobs wouldn’t have gone to war with each other, and we’d have no PC or Mac. In fact, the only computer we would have would be the size of a football field and be able to compute 1+1, most of the time. I wouldn’t be sitting in front of a TV playing on my computer, because there would be no need for laptops, because no one would want my business (this is called “greed”), therefore no need to create the thing.

Also, there would be no Palm, no Windows Mobile, no iPhone (NO!!!). In fact, we’d still be using the old gray “Army phone” that you see in 80’s movies (like the one I quoted above). The first cell phone I ever used was a bag phone. It couldn’t remember anything, if you could actually get a call out, consider it a miracle. Now, we have phones that can give us turn by turn directions! All because of greed.

I know, some of you are saying “Greed isn’t necessary, we’d still have computers, and operating systems, and other stuff.” Yeah… I can prove you wrong with one word: LINUX (pause to let that sink in)

Here’s a FREE OS. Let me say that again… FREE OS. You can install it on any PC you want, you can run it for free from now until forever! IF what you’re saying is right, it should be the #1 OS in the world. So, how many are there? Best estimate: 29 million. Windows 7 has just been released, and based on pre-release orders, they are estimating that they will sell 40 million copies by the end of 2009, and 177 million by 2010. That’s just Windows 7… That’s not counting all the users who will continue to use Vista or XP (the numbers would approach billions, I’m sure). And Apple? They just released Snow Leopard last month. “Sales, so far, have doubled that of Leopard in the same time period”. I couldn’t find actual numbers, but, again, they probably have a few more than 29 million.

You see, the competition that Microsoft and Apple are in, their GREED and desire for your money, have forced them to continually create a better product. In the animal world, competition is usually bad for the prey. With capitalism, and us being the “prey” (actually, it’s our wallets), competition is the greatest thing for us!

I remember my first computer: It was pre-Pentium (don’t know the specs, that was 20 years ago), it had 16k RAM, and a whopping 64 MB hard drive (ok, so, a “k” is 1/1,000,000 of a GB and a MB is 1/1,000 of a GB… just in case). The fact that i felt the need to explain that should tell you something, that the manufacturers are trying to get our business has forced them to create bigger and better products, so much so, that we don’t measure ANYTHING in terms of “k” anymore!

And what does all of this have to do with the economy? Simple: “Survival of the fittest”. We spent $700 billion to bail out banks which gave loans to people that might not be able to pay those loans back. When the time came for the borrower to being paying that money back, they couldn’t, and the banks were in fear of going under.

I agree that this would have been BAD in every way, but to simply give them money, without doing anything to make them more competitive, you just spray-painted the hot pink lion, hoping the gazelle won’t notice. Not only that, but we also gave $40 billion to GM and Chrysler. Why? Perhaps if one of the two of them failed, the others would’ve have learned a lesson (oh my God, that almost sounds like evolution….), and 25 years from now, when someone mentions doing something stupid (like allowing a union to fester uncontrolled), someone could’ve said, “Wait! We tried this, and it didn’t work out too well.” I know, that almost sounds crazy, to learn from another’s mistakes so that you don’t have to repeat them as well. That’s one of them “radical” ideas.

Quick side question: If GM or Chrysler would’ve failed, that would’ve made a lot of rich people very poor, I thought the Left wanted that. Wait, I remember, they actually want to MAKE them poor, through taxes and the such, they don’t actually want them to go broke some other way… Now I remember.

Now there’s rumors of a third bailout. When are we going to stand up and tell Congress, “No more”? When are we going to use the teachings of a Liberal saint against them, to show them that their ideas are not only wrong, but that they go against nature itself? They love nature, maybe if you prove to them that nature had it right all along, they’ll listen. My guess, I’ll be labeled a racist any day now and sent to a reeducation camp at uncle Hugo’s this winter (at least I’ll be warm).

Posted in Economy | Tagged: , , , | 1 Comment »