Since 2005

On the border (of economic and financial collapse).
Here's a song about the collapse, which seems to be accelerating, and has been going on since 2005:

Seems the banks went down quickly;;
They go lickety split lee;;
Writing down some more loans;;

Forty billion in assets;;
Getting so smashed then;;
Lord knows, it is really a mess;;

Morgan Stanley made a bad bet;;
On all that sub-prime stuff yet;;
And AIG Insurance did it too, 3 billion more of goo;;
Lord they don’t believe the pyramids falling stronger;;
Soon you will see, that the collapse’s getting longer;;

Six in the morning;
Became three with no warning;
As the writedown continued on;;

Now the people all cursin’ me;;
Pensions were looted, see;;
We need an FDR central stuff;

And now the sun's comin up
No more of that lady luck
Industry, rail roads cars and trucks;
National credit made;
For the things that we need;;
Just a-wishin' the game continued longer;
Lord, don't you know the crash gettin' stronger;

What are the Congressmen and Women afraid of? The real estate bubble started deflated sometime in 2005, and the larouchepac.com got out tons of literature telling people the bubble was going to collapse. Why did they not act?

It's a little thing called the truth about 9-11 (2001). This terrorist act was abetted and in some way or other actually organized within the United States Military Command, for allowing the Bush-Cheney administration to go with the policies that Cheney wanted to go with, which were endless war and in effect, dictatorship. That is permanent rule by emergency decree.

What is the evidence? How about all this stuff about in England about the BAE (British Aerospace Enterprise) and their $2 billion in bribes (actually slush funds) to Prince Bandar of Saudi Arabia. And you remember the 9-11 hijacker bodies were 15 out of 19 Saudi nationals, with the other 4 brought in by them.

Now Prince Bandar himself is saying Saudi intelligence warned the USA about 9-11 before hand. Perhaps they furnished the tools, but not the controls. See the link, Really Long Link for more juicy stuff.

So that is the terror in Congress we have to break through to solve the financial crash, the mortgage crisis, the real estate crisis, etc. Meanwhile, gold is heading to $1000 an ounce.


http:// www.nostalgiacentral.com/ music/ol55.htm Ol 55 is a parody band out of Sydney Australia. Any recent reincarnations of it? See the link.
and see this link too.

Car Deals are a Steal

Everyone is looking to save money, now that prices even for things like food are going up. How about a Honda Car Quote to set your mind at ease. It seems the hottest car at Carblvd dot com, is the Honda CR-V, a very economical car, and a real cross-over between the small car category and the SUV type of car. And if you go to this site, you can actually learn a lot about car maintenance and car repair at their online car maintenance 101 course. You can get a free quote on a new car, and learn about car insurance and a lot of other things at car buying sites on the internet.

Another necessity of life, if you want to buy a new car, or often, even a good used car, is to get a car loan. With today's tighter credit market, this can be more difficult than it used to be, but it's definitely not impossible. In fact, at many car dealerships, both online and offline, the only necessity to get a car loan is to have a regular paying job and salary.

So, if the price of oil could stop going up toward $100 and more a barrel, all of your problems would be solved.

Can We Pacify the Population?

Picture from: http://www.zulunation.com/afrika20.jpg, Africa Bambaataa

see http://www.zulunation.com/afrika.html


Whether the authorities can pacify the population, in this time of economic and financial collapse is an open question. The real estate bubble has reached even to the South Bronx, where following from Harlem in Manhattan rents are up. Nevertheless the party goes on.

The Hip Hop Nation enjoyed a party at the Bronx Museum, at 1040 Grand Concourse, Friday night November 2nd. This is third offering of the First Friday program which will continue at the beginning of each month featuring film and video screenings, art performances, music and other special events. This month’s event, “Bronx Rap is Back” was a celebration of Hip Hop History Month. The event was made in honor of the Bronx’s own Afrika Bambaataa and the Zulu Nation and was a totally free, public event.

The night featured Latina turntablist DJ Chela spinning old and new school hip hop mixed with go-go, dancehall, and salsa; the Puerto Rican/Dominican lyricist Patty Dukes from the Bronx performing with the emcee RephStar; the hip hop trio Rebel Diaz rhyming about immigration, politics and life in the South Bronx; Eli Efi, of Brazil, rapping in Portuguese with DJ Laylo spinning a blend of samba and salsa; and the Spanish rapper El Meswy, mixing a Latin vibe with a hardcore New York hip hop style.

Here’s a little about Mr. Afrika Bambaataa, also known as Bam, known as the “Grandfather” and “Godfather” of Hip Hop Culture as well as “The Father of The Electro Funk Sound”. His network is the Zulu Nation, inspired by studies of African history. The Zulus are a famous warrior tribe in South Africa who defeated the British Empire several times. As Bam continued his deejaying, more DJs, rappers, break dancers, graffiti writers, and artists followed him and became members of the Zulu Nation. The official birthday of the Universal Zulu Nation is November 12, 1973, and November has been designated Hip Hop culture month.

Bam and other music stars worked on the anti-apartheid album Sun City with Little Steven Van Zandt, Run-D.M.C., and Lou Reed in 1985. By 1992, Bam had his own Planet Rock Records label, and in1994 Bam and his SoulSonic Force put out the album "Lost Generations". In that same year he began deejaying on radio station Hot 97 FM. For more information see http://www.zulunation.com/afrika.html.

Ariel Fernandez is the producer of the First Friday series at the Bronx Museum, and his production company is Asho Productions. Hip Hop, he says, has four elements: rap, the DJ, the MC and break dancers, though it wasn’t possible to bring break dancers on Friday. With 125 or more people at the event, Mr. Fernandez was very happy. He has been a DJ in Cuba and since 2005, in New York.

The next First Friday event will be on December 7th, 6:00pm and will feature- Salsa & Bachata to Merengue & Son: the Popular Music of Two Islands, Cuba and the Dominican Republic. There will be live band performances and DJs covering popular musical genres. First Fridays are supported by Deutsche Bank and the Rockefeller Brothers Fund. Additional marketing support is provided by The New York Community Trust. For more information, call 718-681-6000.

Consolidating Your Debt

In our hyperinflated economy, the amount of debt is beyond belief. You should try to consolidate your debt, if you want to be able to continue to have credit, for mortgages, cars and so on. Debt Management is a new thing to learn about, in fact they call it a debt management plan. The idea is to save time by being able to pay your debts rapidly. Often these can involve a home equity loan, in order to get a lower rate of interest.

Being overwhelmed by debt can be a distressing experience. You may need creditor harassment help in order to be able to not be overwhelmed by harassing phone calls and the like. There are a number of credit counseling agencies that you can be referred to. They can give you a lot of advice that is useful. You need to learn to make up a monthly consolidated budget. Then you have to decide what are your priorities in case there is some type of emergency that forces you to divert some money. You have to learn how to save some money each month and not touch the money unless there is an emergency and it is absolutely necessary. Learning to fix your debt problem is not just a simple thing of consolidating your debts and getting lower interst rates, because you have to make sure that it never happens again that you are in such dire straits.

Is debt consolidation really such a good idea? Of course it is. It can even enable you to avoid bankruptcy, which in any case, is not as great as it used to be. Even if you are not able to get a home equity loan there are other ways to get low interest loans, if you are careful. One of these are the famous teaser rates, also known as introductory rates on new credit cards. These are low rates for only six months to a year, so you cannot go on like this forever, this is a breathing space, a place for you to start. In this time of the financial bubble, don't lose everything, get yourself together. Since filing for bankruptcy can destroy your credit for years, you may be able to avoid this if you work with debt management. Of course, after the subprime mortgage loans collapse, the amount of credit that will be issued with no or few questions asked is bound to decline.

Baby, It's a Crash Again

Bear Stearns going bankrupt was real scary;;
Like a crazy speculative dream;;
Now we see the losses of Merrill and Citi in their suicide machines
SIVS without the credit to exist,
Federal regulators sure are getting pissed,
The financial system has the AIDS virus—Wooow!

Baby we need an FDR bankruptcy,
It's a death trap, it's a suicide rap,
$700 trillion in derivative, you see;;
`Cause tramps like us, baby we’re as broke as can be;;

Wendy, I wanna sell you a hamburger;
And maybe a house too-- guard your dreams and visions;;
But the mortgage bubble has just started crashing;;
It’s the death of the sub-prime rip-off;;
I’d like to pretend to own a big house;;
But the mortgage’s getting bigger, I feel lie a big louse;;
Wooow!
I now it’s out on the wire that dude will resign;;
You know Prince and Merrill’s Stanley, jumping out over the line;;
But I gotta find out how bankruptcy feels;;
I want a New Bretton Woods;;
And find out that new credit is real;;

Beyond the Palace, Cheney screams he wants a new Iran war;;
And Pelosi mumbles excuses, like a Felix Rohatyn whore;;
The Nuclear War plan sticks out bold and stark;
And my Fallout suit is ready;;
I wanna die with you Wendy on the streets tonight;
From an airborne deadly virus;;

So we gotta reorganize Baby;
Bankruptcy, that is the plan we run;;
Cmon Wendy, bankruptcy could really be a lot of fun!!


Lyndon LaRouche today strongly chastized those who have attacked him, for repeatedly warning that the entire global financial and monetary system is hopelessly, irreversibly bankrupt, and must be put through a bankruptcy reorganization to begin a process of global reconstruction. "... that Merrill Lynch and Citicorp, are in dire crisis and have chosen to fire their CEOs," LaRouche said, "just serves to underscore that I have been right, and all of my critics have been wrong to the point of clinical insanity." LaRouche noted that Bloomberg was reporting on Nov. 4 that former U.S. Treasury Secretary Robert Rubin is likely to be brought in as the "interim" chairman of Citigroup.

LaRouche cited his now famous Triple Curve Function, as the reference point for understanding the scale of the financial and physical economic breakdown process that has entered a new, accelerated phase in recent weeks. The gist of Triple Curve is that the cash printed and created electronically, is growing even faster than the Outstanding Financial paper. And of course, in the meantime, physical production continues to collapse. It's like the idiocy of the real estate market, selling old houses and old junk for more and more, till it crashes.

Stephen King's the Mist

The Mist by Stephen King, the new Stephen King movie,is about a father, who takes his boy to the market, leaving his wife at home while a mist is approaching. The book is rather horrifying, and the movie promises to be even more horrifying. It is a movie about human survival, even if you have to do horrible things in order to survive. David Drayton is the father, and his young son's name is Billy, and they are both vivid and real characters. As the mist surrounds the store, its inhabitants start seeing shadowed shapes in the white obscurity. These shapes quickly turn to horrific monsters. Some are the size of dogs, some the size of buildings. I do not want to tell you what the rest of them look like because it is, for lack of better words, truly terrifying. The people inside the store also become bestialized, and that is what is really horrifying.

Even though creatures are in the story, the true underlying meaning will hit you pretty hard. There is a woman, who will surely go down as one of the most hated literary characters ever. This becomes an out-of-control following and uprising by some survivors against those who believe they can survive and escape the market. It is just as much about human interaction and thinking, as it is people being butchered by creatures. The book is abou how human nature includes the will to survive, even if it means killing. And of course, despite the horrors of monsters, people killing other people, are not the luckiest people in the world, they are the most horrifying.

The first Stephen King adaptation still holds up as one of the best owing to it's close following of the book. Both Sissy Spacek as Carrie White and Piper Laurie as her mother, Margaret, were nominated for Academy Awards and they really deserved them.

Spacek makes us truly believe she is Carrie. The special effects leave a bit to be desired, but it is still quite good, and keeps you interested.

Carrie was a low budget film, and the first Stephen King novel to become a movie. A lot of really great actors like Sissy Spacek and John Travolta did this film when they were not well known. The name of the high school is Bates High, a reference to Norman Bates of Alfred Hitchcock's Psycho. After Carrie (Sissy Spacek) had the pig's blood dumped on her, she had to sleep in it for a couple of days it seems. A famous and powerful scene, is when Carrie (Sissy Spacek) has a fit and throws bloody tampons all over a room, both in the book and the movie.

We Got It Sleazy, Oughta Take it Easy- Eagles Sang

http://www.carnglaze.com/rock_concerts_talon.htm



Well, the Federal Reserve is warning all the bankers;
That the conference calls just don't cease;;
One because we're crashing, two cause it's over, three cause my portfolio please;;
Make it Sleazy, make it sleazy;; a crashing banking system never is that easy;;

Hyperinflation can hurt, you could even lose your shirt;;
Just find a way to eat some dirt;
And make it sleazy;;

The Price of gold is going up to 1000, and oil for 100 too;;
The dollar keeps a falling, a depression is a calling, better try some fu-man-chu;;

Yeah, we got it sleazy;;
No free market system, can you see, yah!
We gotta re-regulate it, yeah Babe....
Doo, doo, doo, doo.

Let's look at some of the recent exciting market data:.

* The price of gold in dollars leaped to $845;
* The price of oil in dollars passed $98, headed for $100
* and quickly beyond, in all estimations;
* The dollar fell to nearly $2.11 to the British pound; to a 60-year low against the Canadian dollar; to below $1.47 to the euro; nearly to 113 yen/dollar; all of these are accelerating plunges;
* Wall Street financial interests were demanding Fed Chairman Ben Bernanke promise another interest rate cut, in Congressional testimony tomorrow--an hysterical demand given the hyperinflation already set off by central bank money-printing to save the banks;
* The New York Stock Exchange Dow-Jones index is going down again, especially financial and insurance stocks, plunging, some by 10-15%;
* Morgan Stanley, which had just reported a billion-dollar loss in leveraged buyouts which failed, discovered $3.7 billion in new losses in mortgage securities, joining virtually all big banks in the tank;
* Moody's Investors Service started cutting rates on on $33 billion of debt of the big banks' structured investment vehicles (SIVs), hitting 16 SIVs of Citigroup, British HSBC and Germany's WestLB.

So since the Federal Reserve, the ECB etc. are going to be bailing people out anyway, why not have a good old bankruptcy reorganization??

By the way, anyone interested in real estate in Winslow, Arizona? They say there are some nice little theme parks there. OK, take it easy.

photo at: Talons, Best of the Eagles This post is not Sponsored at all, by anyone, anywhere.

Frank Sinatra, on Strange Crashes in the Night

Strange crashes tonight;;
Without real value;;
They're at Goldman Sachs;;
And up a piling;;
CDOs and plenty of weird MBS;;

Will they soon admit;;
They have no profit;;
$72 billion in bad debt;;
They could choke on it;;
Since they're never traded, no one knows what they're worth!!!!!!


Meanwhile in a program, in New York State;;
They spent 100 million to save the poor irate;;
They tried to bail out the mortgages, but only nothing happened;;
They did not save 500 or 5 people, but only One;;


Rip-offs in the night;; Listen to the Geezer;;
Lynn Cannot run for President;;
But, what's the difference;;
If you want the truth, dial Lyndon LaRouuuuuuu!



http://www.iankenny.com/IanKenny/ HTM/George%20Ioannou/NewRatPa ck.htm
(songs of the crash, Strangers in the Night)

With talk of $46 billion being injected into the US banking system by the Federal Reserve just last week (some say just on Thursday), the hyperinflation is kicking in. How can they say there is not inflation? With oil hitting $100 a barrel shortly? Someone has to run for President and say they truth about this. Until that happens, war or no war, we are sunk as a nation. (Of course more war will destroy us faster).
But isn't that what the heirs of the British Empire want?

Fiddling About with Real Estate and Carbon Dioxide

I'm the wicked Dr. Hansen;;
You may not get to see or hear me;;
As I fiddle about;;

I told you the ocean's rising;;
But that's a Hollywood nightmare;;
That my computer invented;;

(Fiddling About, the Who, Tommy, pix at http://www.theatermania.com/news/images/8477a.jpg)showing how global warming is total BS. Dr. James Hansen (the slut) has been making his career pushing this crap, and he did again to Congress. Obviously, his lies and BS are just accelerating, as his grasp on any semblance of reality rapidly lessens. In his current "testifying" at Congress for the Church of Global Warming, he claims, that if the seas rised (1 mm) then man would never be able to adapt. I guess he is concerned about the 3 inches of real estate he owns on the beach in Miami, Florida, say in South Beach. What an idiot!!!

Sherwood and Craig Idso also points out at James Hansen (the slut) also said that as long as human beings exist, there can never be an Ice Age again, because we would just spray some CFCs under our arm, and that would solve the (ice age) probleml. Yeah, right!

See the Idso report

Paintball War is On

You don't have to go to war like Dick Cheney wants to do again. You can have a good old paintball war with your friends and neighbors. And you can lower the tax bill by gettings these cheap paintball guns.

This is a sponsored post from pntball.com

You don't have to spend and arm and a leg to get some nice paintball guns, and there's lots of really good safety equipment available too. Top selling guns include Tippmann A-5, Tippmann 98 Custom, Smart Parts Ion and Spyder Pilot ACS, with marker and mega gun sets starting below $200. Check out these prices; a Tippmann 98 Custom Pro AK Conversion Paintball Kit, was at $129.00, now available for only $99.00. And you're going to need to keep loaded on Paintball ammunition, so a Draxxus Blitz Paintballs 2000 Rounds were $54.95, but now only $31.95. PMI Premium Paintballs 2000 Rounds were $49.95, Now $45.00. So I have a feeling that your neighborhood parkis going to be part of the paintball scene, and going to get very colorful on short notice. It's autumn, and it's perfect weather for a good paintball war. Just don't tell the politicians. Paintball masks and vests available for sale too.

Witchcraft, Said Frank Sin--atra, is the Mortgage

Yes it’d be Witchcraft;;
To elect Giuiliani;;
And his Norman Pod-heretz;;
Nuclear War Crew;;

The Dems just can’t allow it more;;
This wimpy opposition score;;
A Blackwater genocide plot, it’s
Witchcraft;;


The evil of the bubble too;;
Hedge fund money that really is taboo;;
That’s in Pelosi’s witches’ brew.

A bailout of some trillions more;;
For mortgage backed securities;;
Giuliani and Pelosi are witches too.

pix at: http://www.franktribute.com/images/sinatra_shots/Frank_TomDS5-30.jpg
and http://www.franktribute.com/frank_sinatra_impersonator.html


With the private war of Blackwater being shown to be nothing but a human shooting gallery, it's time to tell the truth. That the Iraq war is just a rehersal ground for bands of mercenary mass killers that will be sent all over the world, if Guiliani or anything like him is elected President.
And the real estate collapse is on, no matter what these idiots do. See larouche for the answer.

What the Real Estate Crash Means for the World

The London Telegraph's Ambrose Evans-Pritchard picked up recently on the story. Home prices in Riga, Latvia, rose a staggering 61 percent in the 12 months ended in March, making houses in Riga more expensive than houses in Berlin, but prices are now falling, down nearly 5 percent over May and June, and more since. In Kazakhstan, where mortgage credit expanded 100 percent in a year, the $40 billion bubble has popped, with homes in some quarters of Almaty, the nation's largest city, falling 20 percent over the last three months. The share prices of six of the top Kazakhstan lenders halved between July and early October, and some banks are experiencing runs. While the sums involved pale in comparison to the size of the U.S. mortgage market, the effects on the people of those nations is every bit as serious, and the welfare of the population is the metric by which such crises should be measured.

Of course, that is not the whole story. Because of the pyramid game that has been played, a whole series of other instruments are crashing. This includes various pieces of or "tranches" of Mortgage Backed Securities, with the more risky parts of various layered and spliced mortgages crashing first. Then on top of that, the MBS themselves have become the basis for CDOs, Collateralized Debt Obligations, which can have other tranches of other things mixed in, like in Credit Debt and Student Loans.
Also see, this.

Flying to India, to Escape the Crash

If you have made some money in the good times, it is time to do lots of travel, like flying to India. Flights to India don't have to be hugely expensive. Once you get there, your Holidays in India can be remarkably varied and reasonable. DialAFlight can make your dream come true.

This post is sponsored by DialAFlight, reachable at http://www.dialaflight.com/flights/india/.

Cheap flights to India can make your dream come true. Goa Flights, Delhi flights, and Bombay flights are some of the landing locations available to you.

These flights to India can get you to a beautiful hotel or ashram to relax, so you can see the collapse of the financial markets in a new, higher spiritual light.

If I Could Escape, said Gwen Stefani

If I could escape this Bankrupt economy;;
Where people give up billions for dumb songs from me;;

Cause I've been looking at this fishy MLEC deal
and that is the reason I don't feel too real.
Maybe that's how I fee-eel.


If I could escape;
And get a little bit very far;;
Go back to good ole Pres. FDR;;
That could be my favorite for the general welfare, yeah;;
If we can recreate;;
We know we've been real bad guys;;
To go along with all these Enron-type lies;;
Have some little future;;
Something that is not fascist creeps;;
Why can't we escape??

This is the real question. Can we listen to LaRouche, and stop being bamboozled by all this crap. This $100-billion MLEC scheme is just an idea to repackage crap, that everyone knows is crap. Even some of the gurus warn us, don't do it, like:

Warren Buffett is not really a nice guy, even though he did give away a lot of money, but he gave away the game on a Fox Business Network show. This is just some insane power game. Someone forced Hank Paulson to go with this crap, just to show what a doggie he really is. Was it someone from the Cayman Islands or London?

Bill Gross, CIO of Pimco called the superfund "pretty lame."

Pix link at: http://news.bbc.co.uk/1/shared/spl/hi/entertainment/05/songwriters/songwriters_jamlewis/html/6.stm
pix link

The Junk May be in Your Garage, Not just the Markets

This is a sponsored post by Car Guy Gargage Inc. (carguygarage.com).


On this blog, we talk a lot about the junk bonds ,and the MBS (Mortgage Backed Securities) which are becoming junk, and then have the CDOs (Collateralized Debt Obligations) piled on top of them. However, don't forget about the junk in your closets and garage. You may be interested in some storage solutions.


So, I rent a floor of a two story house, and I have been alloted a good deal of garage space. And I admit that is rather junky. It can get pretty complicated. First there are the two air conditioning units I have to put down there soon, since the heat is beginning to go on. Then there are the baby's toys that he doesn't like any more, or has outgrown, but I promised to give them to another couple that is expecting a child. So you can see I have some real storage needs.

A Fishy Story of the MLEC- aka- the Toxic Waste Fund

You've probably heard all about it now. The US Treasury of Hank Paulson is encouraging Citibank, B of A, and a few others to form a massive SIV (Structural Investment Fund) to take all the crap from the other SIVs, and somehow recycle it all and make it all good news. Even for a bunch of enron-style Wall St. criminal, it seems like the impossible dream.

While Citigroup, J.P. Morgan Chase, and Bank of America maneuver to gather cash commitments for their proposed structured investment vehicle (SIV) superfund--the Master Liquidity Enhancement Conduit (MLEC)--from U.S. and foreign banking suckers, there has been a flurry of counter-attacks by heavy hitters within the the financial sector. Even Former Fed Chief Alan Greenspan has questioned the usefulness of the MLEC superfund scheme, quoted in the Oct. 20th Financial Times (of London).

Warren Buffet's point is if the mortgages behind the MBS are going to crash, it is the way it is anyway. See an interview to Rupert Murdoch's new media outlet Fox Business Network in its debut on Oct. 18, where he declared that "pooling a bunch of mortgages, changing the ownership" would not change the viability of the mortgage instrument itself. "It would be better to have them on the balance sheet so everyone would know what's going on."


Financial commentators both in print and online media ranged from skeptical to outraged by the collusion of the banks and the so-called regulators, to bail out the rapidly devaluing SIVs by giving them a face-job and a new wardrobe, then lending money to "lure" suckers to buy the toxic wares. The FT even blamed the plunge in the stock markets in recent days partly on investor "unease" exacerbated by news of the MLEC scheming.

Undaunted, Treasury Secretary Paulson declared at the Oct. 19 G-7 meeting, that the superfund would go forward, and be in place by the end of the year. So the big question, is who is doing what to whom?

Your Nevada Corporation

The inside word is that it is worthwhile to form a Nevada LLC. That's a limited liability corporation. There are different corporate forms but they are all available at a click of a mouse.

This is a sponsored post of www.incparadise.com.

But, in any case, why do you need to incorporate at all? Can't you just go along and get along with a sole proprietorship type of company? The answer is no. You can have the bejesuses sued out of you if you are personally liable for all the misdeeds of your company, and there can be many accidents, damaged goods in shipping, and sometimes more exotic stuff. Let your corporation get their own tax id
, that will make things all better right from the start. Now, this can get a little bit complicated. Even with a wonderful, secretive Nevada corporation, you still have to take corporate minutes
. That means that you have to have some notes on your corporate meeting, and your by-laws, even if it is a one-man corporation. The IRS gets interested in little things like that. And with the real estate collapse, you have enough trouble, you don't want to get in trouble with Aunt IRiS. Also, the other thing, is that Nevada has great corporate secrecy laws, and it has no state income or corporate income taxes. So you could even form your corporation in Nevada, and in your home state. Send income to the Nevada corporation for advising your home state corporation. Of course, you have to be careful and reasonable, so do a click and get some good advice today, you won't be sorry.

Sonny and Cher on the Housing Slump

And the beat goes on, the beat goes on;;
Housing Slump continues, going down;;
La da da da dee, la da da da da;;

Fannie Mae says it'll last so far.
Now's the time to listen to the big cigar.
Depression's hyperinflated, ya uh huh;
Time to reorganize like FDR;;

And the beat goes on.....

And Cheney wants to start another war;;
Televised with electric baseball scores;;

And the beat goes on.....

pix link: http://www.museum.tv/archives/etv/V/htmlV/varietyprogr/varietyprogr.htm
sonny and cher

The San Francisco Chronicle, from the front page of its Business section, awakened its readers on Friday, October 19, 2007:

Home Sales in Bay Area Crash to 20-Year Low

County Number Sold Percent Change Median Price

Santa Clara 779 -39.0% $775,000
Alameda 565 -51.8% $599,500
Contra Costa 484 -55.8% $585,000
San Mateo 371 -37.0% $800,000
Sonoma 270 -37.2% $522,500
San Francisco 229 -30.4% $850,000
Solano 214 -52.2% $399,000
Marin 158 -24.4% $860,000
Napa 48 -49.5% $521,000
Bay Area 3,113 -44.8% $670,000

Figures are for sales of existing homes in 2007 compared with 2006 (A single year!) Now if you made an "investment" by buying a house you couldn't really afford, and then the price collapsed 40-percent, you would be up sh#ts creek too. And that's whether you had a fixed rate mortgage or a more exotic ARM or IO. People were convinced (brainwashed) that housing prices would go up forever, which by the way, is not necessarily a good thing!

It Hurt , said Christina Aguilera

I hurt so bad, when the markets crashed;
When my mortgage fell on me flat;
Then I realized that the system was finally, finished,ooooh!

Would you tell me I was wrong;
To go with the Brits Empire;
Let the money people decide;
Just who lives and who must die;

There’s nothing I wouldn’t do;
To be American again;
To have the general welfare;
To believe in Constitution;

Woowoow! I’m sorry for, betraying you;
For all the things, that I just wouldn’t do;
And I hurt myself, by hurting you;

pix link: http://www.celebworm.com/magazines/christina-aguilera-does-italian-vogue/

October 15, 2007 (LPAC)--That's the Goldman Sachs bailout plan, according to globaleconomicanalysis.com. "Don't ask" what the asset is worth. "Don't sell," or you will find out, and not like the result. So the mortgage collapse, and the pyramid on top of it will continue to be covered up, they think.

Drowning in the Green River of Mortgage Collapse

Do you remember your President Nixon;
(do, do do do do do do)
That’s when the free trade scheme was a fixin’
Dollars value settled in London; slave of the free market machine
But if you get a lost, Remember you are now bankrupt!!!

Jimmy Carter pushed free trade one bit more;
Deregulated, spit on FDR;
Slave labor truckin’ destroyed the highways;
Railroads torn up, thrown in the junkyard;
And if this gets you lost; remember sonny you’re bankrupt!!

Do do do do do do!!

Then there was the stock crash of 87
Thought all the junk bonders, go to heaven;
Michael Milken went off the jail;
But, Alan Greenspan sent him some bail;
Started real estate bubble, now baby you are bankrupt!!

Yeah! Jump in the Green River!

With Al Gore getting the No Balls prize for his greenie crap, I thought I would do a take off on that old Green River, by the Creedence Gang! Nothin' like some down home funk, to get away from scientific junk.

Meanwhile there are rallies in Boston, Mass. against the Countryside Real Estate Creeps:

[LINK=http://www.larouchepac.com]About 100 people gathered at three Countrywide offices in Boston[/LINK] to protest its practices, yesterday, just hours after the firm announced that delinquencies and foreclosures in its portfolio were rising steeply. Some of the signs from protesters were "My Life is not Adjustable. Stop Adjustable Rates!!" and "Your Scam Got Us in this Jam!" (link to picture) This protest was organized by the Neighborhood Assistance Corporation of America, and is the second this week organized by borrowers' advocacy groups. On Tuesday, the Association of Community Organizations for Reform Now (ACORN) organized a protest in eight cities.

The fun has just begun. This is so sick. Anyone with a brain, who is not just trying to steal from some other loser, knows the system has been bankrupt and seized up since Bear Stearn's hedge funds went belly up in June 2007.