Net worth

Accurate depiction of what family friends thing of my computer skills

Greatest quote ever

".. as we finish hollowing out our economy by subsituting casino socialism.. Where the only real product is debt.. Where hard workers shaping raw materials into a product for profit becomes so yesterday, and we lead americans to the gaming tables. Work becomes denigrated and wagering becomes the road to wealth."

Barney Frank massive corruption exposed

Everyone's always wondered why Barney Frank shot down all the proposed regulation that the Bush dept was insisting be placed on FNM and FRE. It has been exposed that he was in a gay relationship with a high executive from the Fannies. Greed and corruption at the highest level that will affect everyone's lives.

First watch the vid of Oreilly calling him out (classic):



After Gobi, Barney Frank become involved in another questionable — and possibly criminally tainted — relationship with a man called Herb Moses. Moses, whom Frank called his “spouse,” was a high-level executive at Fannie Mae from 1991 until 1998.

Here's the article:

http://businessandmedia.org/articles/2008/20080924145932.aspx

Bullshit millionaires - 27% wiped out in one year

They were all full of shit anyway.

http://money.cnn.com/2009/03/11/news/economy/millionaires_2008/index.htm?postversion=2009031115

NEW YORK (CNNMoney.com) — The financial crisis has weighed heavily on American households, and millionaires are no exception, according to a report released Wednesday.

The number of American households with a net worth of $1 million or more, excluding the value of their primary residence, fell 27% to 6.7 million in 2008 from an all-time high of 9.2 million the year before, according to a report from market research firm Spectrem Group.

"America has a lot fewer millionaires than when this economic crisis began," said George Walper, president of Spectrem Group, in a written statement.

But don’t weep only for the 2.5 million fewer millionaires. The report, which is based on surveys of 3,000 affluent households, also showed the number of both multi-millionaires and aspiring millionaires plummeted last year.

Affluent households, defined as those with a net worth of $500,000 or more, declined 28% to 11.3 million from 15.7 million.

FINALLY! One of the largest milestones I've been waiting for!!!!

http://www.nytimes.com/2009/03/12/business/12crime.html?hp

"“It’s going to be open season,” says Daniel M. Petrocelli, a lawyer whose clients include Jeffrey K. Skilling, the former chief executive of Enron. “You’ll see a lot of indictments down the road, and you’ll see a lot of prosecutions that rely on vague theories of ‘deprivation of honest services.’ “"

“Rules don’t work if people have no fear of them,”

All good stuff. Go Obama!

More proof the housing bubble is only (at best) 50% over

How big is the mortgage problem? Total mortgages exceeded the money supply (M2). OK, that's a big problem. (socializedlosses.blogspot.com)

http://socializedlosses.blogspot.com/2009/03/size-of-mortgage-problem.html