Tag Archives: makes you think

Fuck It. Just Yodel.

So, here is an old Japanese guy who yodels. He doesn’t care that half of his nation washed out to sea and the other half currently has a soft green radioactive glow. He yodels. With chickens.

Next time I find myself being not able to cope with life’s bullshit, I’m gonna just go out and get me some chickens and start yodeling. Hell, it can’t be any worse…

Maine and my Man

Hi guys. Maine is great. Romeo and Juliet is fun. friends are fine.

My man (Chad) on the other hand is having a rough time. call him. let him bitch. you know he is like a pressure valve. If he has an outlet to let his steam off he can deal.

I love you chad.

He’s getting screwed by life a little this week so a friend with an open ear would help.

I miss you all and cannot wait till this contract ends so I can come home and be with Chad.

Will

Inside Job

 

View of NYC skyscapers
The film that cost $20,000,000,000,000 to make

I just finished watching Inside Job, a documentary about what caused the financial crisis of 2008.

I first learned about Mortgage Backed Securities when I developed a course for Fannie Mae in the 1990’s.  And then came across the concept again when I developed training for the FDIC just prior to 2000.  What has always struck me as odd is the inability of subject matter experts to clearly describe what Mortgage Backed Securities are and how derivatives work.  It begs the question…

If these regulators didn’t understand them, how could they possibly be regulating them?

What I really don’t understand is why the executives that allowed this to happen have not been prosecuted.  At the very least, why haven’t their assets been seized?

Why do Angelo Mozilo and Richard Fuld get to keep their ill-gotten gains?

 

Angelo Mozilo
Angelo Mozilo, former CEO of Countrywide

 

Richard S. Fuld, Jr. former CEO of Lehman Brothers

This says it all…

Boiling with Rage!
Boiling with Rage!