Dinner at Nero's

What the fuck am I talking about...I can hear you asking the question as I just begin to put pen to paper. For those of you who do not live near my high end neighborhood, Nero's is a quasi famous Italian place, with OK food, overpriced drinks but it is clearly the place to be seen.



Considering I hate pretty much everyone, there is little to no need for me to be seen. There is less of a need to overpay for mediocre Italian food and drinks considering I live in Soprano country and a great Italian meal is 5 minutes away in any direction.



So why the fuck would I go??? The recession buster dinner. Yes, I am one cheap ass mother fucker. $22 for 3 courses definitely got me there. And the whole meal just sucked.



My point is simple: a shitty meal at a lower price really is not going to fix anything. I did not get what I paid for, they could not cook my fucking steak medium well (sent it back twice, could not stomach another lugie on it if I sent it back a 3rd time) and ended up paying much more than I would at a different restaurant where it was BYOB.



The same can be said about what the Government is trying to do to fix our ailing economy. Take interest rates at 4-4.5% for new home buyers. That seems like a great deal. Historically that is a drop dead rate that you have to take advantage of. However, how many NEW home buyers are there now? How many existing home owners need to re-fi at at least a 4% rate to offset the delta in the material uptick in rates from their fuck you in the ass arm rate that has or will be rolling over?



Do you see my point? We are offering a shitty solution to a fucked up problem. Discounting a piece of the pie (like the recession buster dinner), and making it a shitty deal will not solve anything. It will continue to exacerbate it. Foreclosures will continue to rise unless this rate is lowered for ALL EXISTING HOMEOWNERS--including people like me that take our moral responsibility to this country seriously, do not live beyond our means and pay our fucking bills in full and on time.



Cutting rates for all to 4% would be a huge boost to the economy. Defaults would slow and people who are not over extended would actually take that savings in mortgage rates and SPEND IT!!!!



Why is our Government a bunch of pussies like the owners of Nero's? Step up with a compelling offer and let's fucking GO!!!



PS. Did you see the statistics that came out yesterday highlighting that over 50% of those who have had their mortgage rates lowered by their lender ARE STILL DEFAULTING??????

--The Angry Trader

Fuck You O.J.

Rot in Hell, you lying, murdering asshole. I hope your cellmates and fellow inmates enjoy turning you into juice again, and then sharing theirs with you.

As I said, Rot in Hell, OJ.

Obama vs. Bush

Bush vs. Obama
If American's had the ability to ignore party lines for a minute, the comparison would likely aggravate Democrats and elate Republicans.

Bush's Legacy:

1.) Showed up in 1-20-09 on a platform or conservative values and smaller government.
2.) Had his plan tested with 9-11.
3.) Executed a justified response in an un-Republican manner.
4.) Began a Congress supported, veto-proof spending blitz.
5.) As a result, government grew, and monetary supply was needed, thus the overly lax FOMC policy.
6.) Responded to Recession with anti-Republican 1x stimulus checks that did nothing.
7.) Allowed Paulson and Co to support the socialization of American Capitalism.
8.) Choked on a Pretzel.

Obama's Path:
1.) Ran on a platform of Marxist/Socialist values.
2.) Surrounded himself with terrible friends and confidants.
3.) Proposed tax increases for the 'rich'
4.) Gets elected and it all changes.
5.) Starts building a cabinet, back tracks on liberal campaign promises, makes it harder for the auto's to get bailed out.
5.) Keeps Gates in charge of the war.
6.) Marginalizes Reid and Pelosi (see below.)

But Obama ultimately will have to continue down a path of conservative values to prove he is Reagan-lite. The stimulus package could ultimately lead to a death spiral of inflation that rips apart domestic capitalism. But based on the transformation from candidate to President-elect, I am hopeful (terrible strategy to be hopeful vs. realistic, but what choice do we have?) that the stimulus package is ultimately spent a little more pragmatically over time, similar to how the first New Deal was supposed to be executed before everyone folded to the "GET THE MONEY SPENT TODAY BEFORE ITS TOO LATE" mentality."

Bush? Not a Republican. Yes, he is still a social conservative, but do we care more about Gay Marriage or dominating the global financial landscape? I take the latter and leave the former to people's own personal choice.