CHRISTMAS ON WALL STREET

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HOLIDAY ARRIVES EARLY

BANKERS, BROKERS & FOREIGN INVESTORS GLEEFULLY ACCEPT YOUR TAX DOLLARS



"HO-HO-HO!!! Thanks For All Your Money, Suckers!!!"

Steal a loaf of bread to feed your hungry children, we shoot you on the spot, no questions asked. Steal hundreds of billions of dollars of widows', orphans', and pensioners' hard-earned money, and we reward you! It's survival of the fittest for us, survival of the fattest for the rich parasites who now, and this makes it official, rule our lives and spit in our faces.

Your tax dollars will not go for education or health care, transportation or food safety, social security or national defense: Rich, corrupt, incompetent corporate closet-Fascists on Wall Street, in the White House, in China and Saudi Arabia will be taking every last dime of it for themselves. They need hundred-million-dollar homes, private jets, Bentley's and Ferrari's, hookers and cocaine, champagne and caviar, and YOU'RE paying for it! S-U-C-K-E-R-S ! ! ! HAW-HAW-HAW!!! VOTE REPUBLICAN IF YOU WANT MORE OF THE SAME!!! YOU STUPID F*CKING ASSH*LES!!!
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A TRILLION HERE, A TRILLION THERE

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PRETTY SOON WE'RE TALKING REAL MONEY

TEN TRILLION IN MORTGAGES OUTSTANDING JUST IN THE UNITED STATES

MEAT FANNIE MAE




Five Trillion Guaranteed By You, The Taxpayer, Through Fannie Mae (FNMA) & Freddie Mac (FHLMC)

Do the math: How many of those mortgages are no damned good at all? How many homeowners/ mortgagors have simply walked away from homes they paid too much for, with loans that have become too expensive? How many borrowers are not now, or never were credit-worthy? How many properties were not correctly (or honestly) appraised, or have become devalued far below their appraised value? How many mortgage bankers and brokers have pushed these bad loans off on someone, and then dumped the results on the Federal government, a.k.a., You? Better get your calculator out.

Here's what a trillion looks like. Picture all the stars in the sky, all the fish in the sea, every grain of sand on a beach. Imagine a time before human beings even existed, before the dinosaurs, before the Earth was even formed, before the cosmos came into being; or, in the future, long after the universe has ceased to exist; more years than that, even. Think of how many cells there are in your body. Now you're up in the trillions. That's how much you owe China and Japan and Singapore and a bunch of other foreign countries, as of this morning, and for the rest of your life, and your children's lives, and your grandchildren's lives. Here's what the numbers look like. Get ready. Open your wallet. GO!


A TRILLION
1,000,000,000,000
EQUALS
A BILLION
1,000,000,000
TIMES
A THOUSAND
1,000

AND

A MILLION
1,000,000
TIMES
A MILLION
1,000,000
EQUALS
A TRILLION
1,000,000,000

OR

TEN BILLION PLUS TEN BILLION PLUS TEN BILLION . . . A HUNDRED TIMES:

10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 +
10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 + 10,000,000,000 +


A TRILLION DOLLARS!!!

THE GUARDIAN
"Welcomes but warnings for Fannie, Freddie rescue plan"

' Fannie and Freddie own or guarantee $5 trillion of debt, close to half the value of all U.S. mortgages. Foreign central banks, mostly in Asia, hold $979 billion of the bonds and mortgage-backed bonds sold by the agencies. "At the end of the day, the holders of agency debt are significantly in overseas hands and foreign central banks. They had to do this because confidence could weaken further, and that would be very, very bad for the dollar," she said. Both Freddie and Fannie said they were adequately capitalised but welcomed government support. The Treasury said it would temporarily raise its line of credit to the two mortgage financiers, as well as purchase equity in them, a step never taken before, if needed. The Fed said Fannie and Freddie could have access to its emergency cash. '

By which they mean YOUR money...


Let's see . . . One school costs $200 million, that would be five thousand really big, fancy new high schools; one hundred in each State.

One hospital costs $500 million, so you could have built two thousand pretty nice new hospitals, forty in each State.

One solar photovoltaic electricity system, $50,000 for every one of the 100,000 households in America, eliminating most of the consumer demand for electricity generated by oil, coal, gas, nuclear and hydroelectric power plants. And you'd have enough left over to buy everybody a hybrid car, cutting demand for gasoline by up to 50%.

But NOOOOOO!!! You had to go and give all that dough away to a bunch of speculators who lost money in the secondary mortgage market!! STUPID, STUPID, STUPID!
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TO POST A COMMENT: CLICK ON "COMMENTS," "Post a Comment" or "# of COMMENTS" just below the SOCIAL BOOKMARKING LINKS (Digg, Delicious, etc), about three inches down from here. Please do comment. Thank you.

IMPORTANT MESSAGE FROM YOUR BLOGGERS:

Suggestion Box & Tip Jar We would like to make over this blog to make it easier to access, to read and to comment on. We would also like to serve our readers better by providing more of what you need and want to see. All serious suggestions will be considered. We hope to move to our own domain in the near future, and we would like to ask for your financial assistance in doing that, and in upgrading our hardware & software. Small one-time donations and larger long-term subscriptions are welcome. Exclusive advertising is also available. If you think we are wasting our time in doing all this, please let us know. If you wish to help us, now is the time. As always, negative bullsh*t from right-wing trolls will be sh*tcanned. Thank you to everyone else. Please send feedback & PayPal contributions to cosanostradamusATexciteDOTcom. Thanks.

SUPPORT OUR TROOPS: BRING THEM ALL HOME ALIVE, NOW!