World Financial Crisis 101

A German publication recently published a tongue-in-cheek article on the current world financial crisis aka "The R-Word". This article points out how people were spending outside of their needs and how banks, credit card companies and other lenders were feeding the fire.

Even stranger, governments are now suggesting we "buy our way out of the recession"... hmm interesting thought, since everyone is mortgaged up to their assholes with no real way of paying off their debts unless they turn to prostitution or selling drugs and the government is suggesting they spend more.... More what, that plastic "money" that doesn't really exist???

You can read more about the moronic "Buy your way out of the recession" scheme politicians are suggesting here

This article has been translated into English.

World Financial Crisis 101


In a place called' Global Village' is a pub managed by an owner named Sam, who thinks he is very smart indeed. To increase consumption in his establishment he announces that he will run a tab for his local drinkers, who are predominantly unemployed alcoholics. This practice receives, of course, wide publicity and so ever more customers flock to this bar. At the beginning, the customers feel confident that they do not have to worry about looking after their tab and so Sam increases the price of wine and beer (the most heavily consumed beverages). , thereby increasing the turnover dramatically.

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The young and dynamic customer advisor of the local bank discovers in these customer obligations a valuable future income potential and raises the line of credit for Sam. He is not concerned too much since he has the tab of the alcoholics as security.

At the bank the top managers assign these customer obligations files names such as "Drunk Fund", Alki-Fund" and "Barf Fund. These papers are then traded around the world. Nobody realized what the names mean and what guaranties cover them, but since these funds keep rising at the market they soon become a runaway product.

One day, even though the funds are still climbing, a risk manager at a bank (since then of course fired for being too negative) suggests that the tabs of the 'alkies' at the pub should be called in for payment. They are, however, unable to pay up. The pub owner, Sam, is not able to pay down his line of credit and has to declare bankruptcy.

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"Alki Fund" and "Drunk Fund" lose 95%, "Barf Fund" does a bit better and stabilizes after a loss of 80%. The suppliers to the pub had allowed a longer time for payment on their statements and had as well invested into the funds. The wine supplier goes bankrupt, the beer supplier is bought up by a competitor and the bank gets bailed out by the state.

BUY YOUR WAY OUT OF THE RECESSION - A new low for Consumer Stupidity

“BUY OUR WAY OUT OF THE RECESSION” This is the short sighted message from many politicians of the day. The point these buerocrats seem to be missing is consumer stupidity is one of the underlying factors in the creation of our current financial meltdown.
For the past few years, I have always said, “Consumer Stupidity is at an all time high” Too many people were borrowing beyond their means just so they could keep up with the Smiths’. From the over inflated consumer driven real estate market to the stock market frenzy consumers were buying up everything they could find because savvy market researchers knew how to pull their strings.

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Real Estate agents would say “buy buy buy” bankers were offering sub-prime mortgages and there never seemed to be an end to “Low Interest Introductory Rates” for the biggest Douche Bags of them all… The Credit Card Companies.
Of course, we cannot put all the blame on the sales people, the consumer ultimately made the final decision on whether or not to believe what they were being told. Unfortunately, the average consumer is driven by fear and necessity and the sales people used those liberally when marketing to the Consumer Monkey. And like any well trained monkey, the consumers replied in droves.

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The thing which really confuses me is how the government can sit there with a straight face and say to only way out of the recession is to buy our way out. Although the financial logic is there, this only really helps if the consumer spends wisely and does not borrow beyond their means for this recession buy out scheme. Consumers are already facing bankruptcy at an alarming rate and world currency is being strained to proportions not seen since the Great Depression of the 30’s. So before you fall for this “Recession Buy Out” option, ask yourself this. “Do you I have the money to pay off this purchase?” If the answer is no, then JUST SAY NO TO CONSUMER STUPIDITY!!!

Is the World Ready for Obama? On the Prowl for racist Obama Jokes

Let me start off by saying I am not racist. I have no problem with anyone being anything they want regardless of colour. In fact, colour should never be an issue when it comes to jobs, relationships and politics. The thing is, the whole Obama election relied heavily on Obama being "Black". When Obama won, all the media could say was "Americans Elect the first Black President."

I understand skin tone is fairly evident but how is that any different from saying "Americans elect first Blonde President" or "Americans elect first President without a Texas accent." Come on people, who gives a fvck.

I tried to find some Racist Obama jokes for this post as everyone seems to be looking for them but at the end of the day we are all follicly challenged Monkey's.

Politics takes a new twist

And you thought the Hustler Video Nailin Paylin was the furthest anyone could go.... well you were wrong. Some resident of LA decided to Hang Sarah Palin in efigy out side his home. Here is the story.

A Halloween decoration showing a mannequin dressed as vice presidential candidate Sarah Palin hanging by a noose from the roof of a Los Angeles house has sparked outrage among Republican supporters.

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The mannequin, which is dressed in brown wig, glasses and a red business suit, has been reported to police as a hate crime.

However, officers said the mannequin could not be considered a hate crime because it was part of a Halloween display.

Chad Michael Morisette, who lives in the house, defended the effigy, claiming it was art.


Mr Morisette admitted it would be out of bounds at any other time of year.

He said: "It should be seen as art, and as within the month of October. It's Halloween, it's time to be scary it's time to be spooky."

Sgt. Kristin Aloma of the sheriff's department said that since Sunday she had received five to 10 calls from residents offended by the display. Officials are monitoring the house to make sure the situation doesn't get out of hand, she said.

"I'm not defending this; I'm not criticising it. It doesn't rise to the level of hate crime," said Steve Whitmore, spokesman for the Los Angeles County Sheriff's Department, who said he went out to the house himself to look at the display this morning. "Now, if there was a crime against bad taste . . . "

Mr Whitmore said that potential hate crimes are evaluated on a case-by-case basis. If the same display had been made of a Barack Obama-like doll, for example, authorities would have to evaluate it independently, he said.

The home's decorations also feature a doll of John McCain surrounded by "flames" in the chimney, and other more typical Halloween items, such as skeletons and spider webs.