Classic Boyah

Braiden Harvey

Funny you commented on passing high school classes, I noticed there that you misused their, when I think you meant to say they're.

I love how everyone in this country thinks their an economist when clearly most of them probably didn't pass it in high school. This was just as much (if not more) the fault of the banks as it was the home buyers, anyone who says anything different it still figuring out how to balance their checkbooks.

Is there anyone who will take on Stewart, the king of smug?

Even so, Santelli, in that contemptuous rant, encapsulated what the moneyed class' true feelings for the middle and lower classes are.

www.forgotten-ny.com

Comedians mostly deal with the absurb. The George W. campaign, election, presentation and administration were absurb. Almost every comedian asked said George W. was a gold mine for them. Obama may never be mocked like George W. unless he becomes totally ridiculous and that could be impossible.

About these "loser", home owning Americans: I'm a renter, as are most New Yorkers. And no, I don't want to pay for people who mismanaged their money--on an individual or system wide scale. But you have to keep in mind that these home owners aren't all lazy and dumb. That's a wide, insulting generalization. I'm in my mid-20s, recently married, college grad, with a small savings account. Now, my dad--who's a hardcore fiscal conservative--kept prodding me to buy a few years ago. He's money smart, and is near-obsessed with following the economy and market trends. Even HE said to buy buy buy, that it was "a buyers market", 0% down in some cases. Considering I'm kinda smart, live within my means, etc., I was still tempted into thinking it was a real possibility. When you have the bank (an authority) and people around you assuring the safety of those kinds of investments, a lot of mistakes can be made. I'm not letting everyone off the hook, but we've got to stop generalizing the "dumb homeowners".

Now, my dad--who's a hardcore fiscal conservative--kept prodding me to buy a few years ago. He's money smart, and is near-obsessed with following the economy and market trends. Even HE said to buy buy buy, that it was "a buyers market", 0% down in some cases.

Hate to break it to you, but your dad may not be as money smart as you think if he thought houses would continue to appreciate and a no-interest loan would be okay as your equity would build and build before you even make a payment on your house.

Spot on, as always.

Now stay tuned to Comedy Central for a rerun of Mind Of Mencia!

Seriously, they should go back to the good old days when they made fun of the mentally unstable...such as cat lady, and the man who invented a line of jeans with bigger pouches to support larger...packages.

John Stewart and the Daily show have lost there way. They can't make fun of Obama like they could bush, so what's their MO? Making fun of pundits with salient points about something that affects us all? Santelli is no Rush Limbaugh and to demonize this guy is stupid...just like the Daily Show.

I actually agree. We finally have a leadership that we can't ridicule. Cancel The Daily Show.

They criticize Obama (sure not to the same level). An example, I think they did it Monday about Obama sounding like Bush about Iraq.

But, even ignoring that, I think we need more criticism on media and the press. My opinion is that it's important. We need to reference hypocrisy, and aggrandizement... and the Daily Show is the only place I see doing it.

KEEP IT UP.

...and I also blame the cowardly banks for taking the short term gains of sub-prime mortgages and not standing up to the government.

"the cowardly banks"? You mean the banks that decided of their own free will to discount obvious risks and lend to borrowers they knew to be unqualified?

Really, Ides, unless this is some sort of long-running performance art piece of yours, you've really got a dense chunk of rotten meat in that skull of yours.

So you blame capitalism?

Can I?

So, under the same logic of Fannie Mae needing to be abolished and not given more money, should banks like Citi and BofA go the same route (i.e. extinction rather than more "capital infusions?")

Yes.

I blame both the homeowners who thought they could afford a home without sufficient down payment or income, but even more I blame the government that cast aside sound economics in favor of political correctness that decided mortgages should be extended to people based on factors other than their finances.

Fanny Mae was the time bomb at the center of this mess. Why does it still even exist? It should have been abolished before it does any more damage. Instead Obama is rewarding them with more money. Pure insanity.