The Aristocrats

Well, the whole impending fatherhood/selling my business/ partnering up for a new business/painting kid's rooms deal has kept me busy. Today, however, I'm wondering if the two little buggers would even want to pop into this world with all the events of the last thirty days.


Therefore I am leaving this link to say it all:



http://www.youtube.com/watch?v=EvKaXeQN9Kc

I was going to post the video, but figured the link would do the same. Either way it is perhaps the funniest thing Gilbert Gottfried has ever done.....but....it is exactly how I feel today:

Like The Aristocrats have taken over and sanity is out the window.

And yes--with the legalized theft rammed down our throat with this "bailout" we have just been fed the last piece of the pie: institutionalized socialism

The general public should be vomiting like they swallowed a bottle of ipecac. The whole mess is a complete lack of responsibility on the parts of every individual involved.

From the fake naivety of the bottom line signers to the Alfred E. Neumann grin of the lenders, you absolutely, positively cannot tell me that you all gambled and LOST. Time to go live under a bridge by the river and pay for your sins.

When you go to a Vegas casino and lose your ass, does the managing partner reward you with a subsidy from the casino to insure they receive their full amount? Nope. You are put on a strict payment plan/re-possession plan/ end up in the desert plan. Sounds simple- never gamble what you can't afford to lose.

With that point made, I still understand the need to stabilize the system. I am not stupid. Healthy banks (such as B of A) are buying up these mortgages at non- inflated, realistic property valuations and are allowed to sell them in due time as market rationality ensues. There is no appointed "must sell" time, and T-bills are backing the process.

The ensuing housing stability brings rationality back to the equities markets where emotion and fear generally rule the roost. Great. Got it. Start another cycle.

Now, if I can repeat it enough to myself maybe I will feel like my unborn twins didn't just get the shaft.

-The Cap'n