More Money Down The Drain…Freddie and Barney Frank Making Sure That We All Go Broke! | Pierre Legrand's Pink Flamingo Bar

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More Money Down The Drain…Freddie and Barney Frank Making Sure That We All Go Broke!

When you steal $1,000 it is a crime, when you steal trillions it is a statistic! I am from the government and I am here to help!

Fun facts I wish I didn’t know. Sorta glad that prices haven’t collapsed in Louisiana we won’t mention that this is largely due there never being more demand than supply. Probably has something to do with these sorts of shenanigans from our political class.Louisiana Legislature Beclowns All Of Us In The State…Not One Legislator Objected To This Trash Being Displayed In Our State’s Government!

Just in case you are wondering if the pricing collapse has ended take a gander at this graphic and notice that we are still vastly oversupplied with homes. Oh goody!

And this one!

And the fun isn’t over yet! Weeeeee! More mortgage defaults man that has got to be good for the economy!

And thank goodness we are ahead of all previous years in this statistic…if you are gonna do something then do it well dammit!

And how is this for spin! Because of heavy domestic demand for all these shitty securities foreign demand is starting to dry up. Wow that is the sort of spin that Goebbels would be proud of! After all some might be inclined to explain this as those foreign investors starting to wonder if we can actually pay these debts back with something other than promises.

Well gee everything seems to be going according to Barry’s plans. I don’t suppose anyone of those Harvard educated geniuses might be considering stopping this madness…? Anyone? Ah, ok just as I thought the idea is to transfer my wealth to all the idiots of the world. Hmmm who is the idiot?

Technorati Tags: freddie mac,Obama redistribution wealth,obama socialist,mortage defaults,bank bailout,wall street crime,freddie and fannie mac,barney frank

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This entry was written by Pierre Legrand and posted on June 28, 2009 at and filed under CDS, Depression, Politics, obama, palin. Bookmark the permalink. Follow any comments here with the RSS feed for this post. Comments are closed, but you can leave a trackback: Trackback URL.

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By » Financial News Update - 06/29/09 NoisyRoom.net: “Extremism in the defense of liberty is no vice. Moderation in the face of tyranny is no virtue.” Barry Goldwater on June 29, 2009 at

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