The Big Short

About ten years ago some guys realized that the housing boom was about to go bust. Even worse, it was gonna take a bunch of big Wall Street banks down with it. So they figured out how to make a shitload of money off the destruction of the US economy.

And those are the good guys in the movie The Big Short.

The movie is a dramatization of what really happened. It’s a damn good movie. It explains the basics of what happened in ways that you don’t have to be a financial expert to understand.

You may recall that about a month and a half before the election in 2008 that Lehman Brothers declared bankruptcy, triggering a crisis that led to a federal bailout and the election of Barack Obama.

What you may not know is that the crisis started over a year earlier. The reason that you may not know this is because nobody was talking about it. Both Hillary and Obama were taking in millions of dollars from Wall Street in campaign donations at the same time that everything was falling apart, but for some reason the subject never came up during the campaign.

Although the crash seemed to catch everyone by surprise, the evidence that it was coming was in plain view for years before it happened. It wasn’t just one company involved.

When it was all over only one guy went to jail. Six trillion dollars went “poof” and the world economy was wrecked, but the guys who caused it not only didn’t end up in prison, they got fat bonuses. Some of them even got jobs in the Obama administration.

Watch the movie.

About Deplorable Myiq2xu™

I'm a basket case.
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225 Responses to The Big Short

  1. Myiq2xu™ says:

    I knew a lot of this stuff already, but until I saw the movie I never understood how subprime loans fit into the picture. The clip with Margo Robbie explains it.

    • DeniseVB says:

      Wasn’t it the Wall Street bailout that created the Tea Party movement against rewarding failure and punishing success ? No wonder the IRS shut them down, taxpayers are a source for the national piggy bank to keep crony capitalists and the donor class freely making money. Too bad OWS couldn’t drive that point home, I might have supported them.😉

    • leslie says:

      I reluctantly saw this very good movie before the Oscars. I only saw it because it had been nominated. I’d had some insight into the subprime mortgage business prior and wanted to have nothing to do with the movie. so it was only the Oscars that drove me to watch it. The movie drove me to distraction. (I am now reading the book)

      I had some second hand experience with the screwing of the American People using sub-prime home loans (mortgages). As a social worker I worked with some of the poorest people in the area. People who didn’t work, who quit school and had multiple babies and, if married, were married to people who also didn’t work and who had little chance, if any, of ever being independent from the “help” the US gov’t offered (to keep them dependent). For the most part, these were people who had a family history of poverty – of education, of pocket, spirit, thoughtful planning, etc. I would try to gently dissuade them from buying homes, but of course, had to allow them the right of self-determination. The “dream come true” of owning their own homes was a gift they could never have dreamt on their own. You could see the future disappointment and despair signing on the dotted lines would bring, but, just like a person standing on a hill and witnessing the certainty of a violent train wreck, I could do nothing about it. These people were used and abused by Wall Street, and let down by the school system here in Crook County and by their own histories.
      It may sound like I’m making them out to be victims. They were – as were the strippers in the movie. We were all victims of this perverse conspiracy.

    • does the movie cover Countrywide mortgage? I have a great deal of insight on all sides of this debacle from a layworker’s perspective, having worked in offices that closed loans/sold properties and then working for a law firm that, as many do depending on the economy, flip into foreclosure mills. I worked for the first, Shapiro, out of Chicago, during early part of recession of 1982 and for another in 2011. Both times I damn near lost my mind and humanity over #’s and $’s over human lives. In the interim, in 2001 I worked for a lawyer profiting off of Countrywide mortgage loans. I’m still in recovery from 2011, no lie. From Bank of America to Fannie Mae, almost a complete breakdown. Not sure I’m ready for this movie.

      • Myiq2xu™ says:

        The movie mostly focused on the Big Banks on Wall Street. The guys who were buying up the bad loans that Countrywide was making.

        • I saw that as it was happening. Folks were coming in to loan closings in 2001, folks I knew, I couldn’t understand how they were getting approved for homes way out of their income leagues. Those same folks I wound up foreclosing on in 2008-11. You may recall that Bank of America purchased a huge chunk of those loans. Later on, I wound up being the eviction specialist for Fannie Mae (involuntarily). I’m not joking when I say I was having a nervous breakdown over ethics when I finally broke free of the industry after a 25 year career primarily tied to it.

          • Myiq2xu™ says:

            Most people who apply for a mortgage have no idea what happens afterward.

          • Countrywide was using their own selected and approved appraisers and subs, exaggerated incomes via “misc income” and were providing 120% loans (for improvements). Traditionally, mortgages are 80/20. Lending 80% of appraised value and purchaser expending the 20% down. Folks were already in the soup from day 1 of closing, under a 20% over an already inflated appraised value. There was little to no chance of reselling the property and coming out from under the mortgages. We won’t even talk about the lack of scruples, ethics and law violations in the foreclosure processes themselves.

          • cynic says:

            Let’s not forget Chris Dodd and the Countrywide scandal. Oh, and I love this from Chris Dodd, re: Fannie & Freddie, 2008:
            He called the firms “fundamentally strong”,[52] said they were in “sound situation” and “in good shape” and to “suggest they are in major trouble is not accurate”.
            In early September, after the firms continued to report huge losses,[54] Secretary Paulson announced a federal takeover of both Fannie Mae and Freddie Mac. Dodd expressed skepticism of the action, which the Treasury estimated could cost as much as $200 Billion. Dodd is the number one recipient in Congress of campaign funds from Fannie Mae and Freddie Mac.

  2. Somebody says:

    It is a good movie, we watched rented it at the redbox and watched it Saturday night. At the end of the movie you find out they’re starting it all again with CDO by a new name. The cronyism rolls on, oh and guess who’s raking in Wall Street money again?

    • Somebody says:

      Need more coffee, my comment is muddled up we rented it then we watched it, argh!

      On a brighter note, it’s 8:16am and I’m not fully awake. I haven’t even had my first cup of coffee!! Vacation is wonderful…….normally I would have been up 3 and a half hours already.

    • Myiq2xu™ says:

      Wall Street doesn’t discriminate – they give money to both parties. The only difference is when the GOP is in power all the Democrats are making big money running Wall Street firms while the GOP bankers are working for the government. When the White House changes hands, the Dem bankers head back to Washington and the GOP bankers head back to NYC.

      When Washington periodically talks about reform, the guys they pick to write new laws are Wall Street insiders. When they regulate the banks the guys they pick to do it are Wall Street insiders.

      Work on Wall Street and make a couple million a year for 10 years, then move to Washington DC for a government salary of $200,000 a year for 4 years, then back to Wall Street where you make $20 million a year for a while, then back to Washington . . .

      • leslie says:

        The corruption doesn’t stop at Wall Street and the banks. Think Big PHRMA. Then think insurance. The insurance lobby in IL is as corrupt as can be and has been since the 60’s. And yes. Working for the gov’t is taking a huuuge pay cut. But the influence it buys is astronomical.

  3. Dora says:

    The $500,000 whore!

    Hillary Clinton Lands in Texas, Goes DIRECTLY to Muslim Fund-Raiser, Collects $500,000

  4. votermom says:

    We watched Bridge of Spies on DVD. I dunno how I feel about it.

    • leslie says:

      How did you feel about Mark Ryland’s performance? I thought he was brilliant. The movie would not have been anything without his performance.

      • votermom says:

        Colonel Abel? I liked him. I wonder if the real Able was like that – so very calm and mild-mannered and wry.
        I put a mini review on Bookhorde (tweeted below)

    • mothy67 says:

      Love love love the new 10″ kindle. I was going to buy the Kindle Voyager for books. No need. I can read NY Slimes articles on this. No need to search for readers. Sadly I have about 20 readers from the dollar store but I can never find them. I need readers to find my readers. Book pages are perfect size. It has been overcast. Very grey here but thus far I can read a book outside. I am going to spend the summer with a pack of Pretty Little Liars at the pool. I need to be able to read. Some days I go to the pool with 5 miscreants at 11 and leave at 9. Most parents are very good about snacks and water but there are two that never offer a cent. Buying 7 girls snack food is expensive day after day.

  5. Dora says:

    • leslie says:

      Nothing will happen to HRC no matter how “increasingly certain” the FBI is — unless obama wants something to happen to her. Period.
      You have no idea how I hope I’m wrong.

      • Anthony says:

        My theory is that as long as she keeps pledging to advance his agenda as her campaign platform, she’ll be safe. However, she will have to inevitably move to the center if she wants to be competitive in a general election. That’s when the Obama/Jarret long knives come out…

        It is within both the power and purview of a sitting president to declassify pretty much any document they want to. The fact that he hasn’t, and that the content of many emails was (supposedly) not deemed classified until after they were sent is where he has her by the throat. In other words, if he really wanted this to all go away for the front runner of his party, he could make it disappear with the stroke of his famous fucking pen.

        If she swings to the center in the GE, the heat will get turned up and all hell will break loose. I wouldn’t be surprised if he pushes for indictment. Then he and Valerie can trot out Warren, as I believe they have been planning to do all along, either at the top or the bottom of a ticket.

        The only thing that could save her is if she somehow blurts out exactly WHO gave the order to stand down in Benghazi. So far, there’s been a lot of speculative theory surrounding that decision, but no hard facts that I’m aware of. The buck stops at the top of the food chain.

        • leslie says:

          Anthony, Your responses are so well thought out and so well written. I appreciate the time you expend and detail you share. In my heart, and on paper, I have stated my belief that Hillary will not be the Democrats’ “standard bearer” in the 2016 election. I have also said that I do not believe obama will support her. Your explanation/theory helps put more “there” there.
          Thank you.

          • Myiq2xu™ says:

            If she gets the nomination and loses in November, expect a plea bargain in December.

          • Anthony says:

            @Myiq – Bingo! re: plea bargain

            @lesile – thanks for the good words. I’m doing my best to distance myself from politics since my blog almost put me in the loony bin, but somehow I just can’t stop myself… Those are just my thoughts, and I have no idea how close to reality they may or may not be, but after freelancing for TV news, I kinda figured out a way to read between the lines. Its not what they say, its what they don’t say (or how artfully they slither out of it)

          • leslie says:

            Ayup. It’s always those words that seem “not to be said” that make all the difference.
            I understand why you stepped away from the political stuff. I stopped turning on MJoe a week or so ago. I’m lots less upset in the mornings. I don’t even have the tv or the radio on at this moment. the quiet is so soothing.

          • Somebody says:

            You’re correct Anthony it is about reading between the lines, what they didn’t say, or how they parsed their words. That’s because the vast majority of politicians are attorneys. I don’t know about the rest of you, but I’m sick and damn tired of trying to figure out the meaning of “is” in a particular sentence and that’s what we’re reduced to with most of the politicians today.

            Hillary says she never sent or received any documents/emails marked classified. Well no shit you lying bitch because that isn’t how they’re marked. They’re flagged as sensitive, confidential, secret, top secret, eyes only and I think there are a couple of other ones. They are not fucking marked classified. A document is classified or marked in one of the above categories….sensitive, confidential, secret, etc.

            To classify something is to arrange in a group according to similar qualities, to organize documents as officially secret or as a means to limit the access to documents that may be sensitive. A document can be “unclassified” or “declassified”, meaning it is no longer considered sensitive, secret or what have you.

            Yet no journalist, not one single, solitary one has the balls to ask her did you ever send or receive documents marked sensitive, confidential, secret, etc. Not one single journalist has asked her whether her staff removed marking….flags….classifications, from emails such as confidential, sensitive, secret, top secret, eyes only, etc. They just let her keep on keeping on with the “classified” word parsing bullshit. In fact they report her lies over and over again, they ask each other…..”Do you think Hillary sent or received emails marked classified?”. Today we’re going to talk about Hillary’s classified email problems, were they or weren’t they marked classified…….um they were marked sensitive, confidential, secret, etc., or they were classified as one of those.

            “Marked classified” has become part of the vernacular of the story and in doing so it helps obfuscate the facts. Continuing to legitimize something as being marked “classified” allows Hillary to continue to parse her words.

        • elliesmom says:

          The indictment will come after she has secured the nomination, but before the convention. Obama will offer her a pardon in exchange for dropping out of the race. Warren steps in, gets the nomination, and because that will unite the Democrats, and the Republicans will still be standing in a circular firing squad, Warren becomes the first woman POTUS. Obama gets to give Hillary the biggest middle finger ever, and he gets credit for uniting the party “during difficult times”. Warren is stepping up her attacks on Trump right on schedule. I have a Magic 8 Ball, and it says Hillary is going to get screwed by Obama one more time.

          • leslie says:

            Why Hillary would ever trust obama is a real mystery. He is undoubtedly the biggest backstabber, poorest loser, even worse winner and largest jerk in history. And this is before any of your predictions or musings come true.

          • Somebody says:

            I can see that, perhaps Biden steps in too although ValJar is pretty fond of Warren.

            I do have to wonder how well Warren’s “You didn’t build that” refrain will work against someone like Trump? Trump actually did build that, it’s what he does, he builds things.

          • elliesmom says:

            The Republicans will deep six Trump by bad-mouthing him and encouraging their own people not to vote for him.The GOPe would rather lose than elect Trump. If they manage to nominate someone else, lots of Trump voters will bolt. The Bernie voters will no longer be angry. They’ll happily vote for Warren, and the vagina voters get their dream fulfilled. With Warren running, there will be fewer cross-over votes for Trump than with Hillary. Warren has some baggage, but nothing like Hillary has. She hasn’t been in politics all that long. I don’t often go out on a limb, but I think we’re looking at the real possibility of President Warren.

        • blowme0bama says:

          She probably has emails from ValJar that incriminate the @#$% out of Obama too. Might save her bacon.

          • Anthony says:

            ValJar? Never thought of that, but thought maybe documented chain of command info re: stand down. They both know where each others bodies are buried.

    • DeniseVB says:

      Following the Clinton “investigation” is probably as close as I’ll get to being waterboarded, it’s torture!

      • leslie says:

        Benghazi, private email servers, classified information being sent openly, money from Wall Street. . . and that’s just in the recent past.
        She is so tainted in so many different ways, that I don’t think she’ll ever be “caught and tried” unless she wants to be. It’s kind of like a game of “Catch me if You Can”.

    • Somebody says:

      I’m sure there are plenty of FBI agents that feel Hillary should be prosecuted, but it isn’t up to them. All they do is investigate then it rests with DOJ and I don’t think it will go anywhere. I hate to think like that, because we are a nation of laws and nobody is above the law……..but I’m also a realist.

  6. DeniseVB says:

    Meanwhile, we the people are picking up the tab for the Griswobama Family Spring Vacation. Lots of photos, including Zombie Lincoln Portrait being rolled out for the occassion. Just weird. Raul didn’t even bother to meet them at the airport ?

  7. mothy67 says:

    Baby brat has to see the doc at 11. She woke me. I said how sickeningly sweet you want your TT when you’re not feeling well. She said get over yourself I want to make you sick as well.
    I try to keep a very open dialogue about her different living situation. She said my dad is like her father and my mom is her mother. They are her great grandparents. I said where do I fit in. Horrid kid did not miss a beat she said I’m like her little brother. So rude.

  8. Somebody says:

    This is some creepy thinking, who thinks like this. He makes a good point, but damn.

    Klown if you find this type of talk too objectionable then feel free to delete.

    • Myiq2xu™ says:

      Sounds like the plot of a made-for-tv movie.

    • John Denney says:

      We hold these truths to be self evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these Rights are Life, Liberty, and the pursuit of Happiness. We unite to defend each person’s Life, Liberty, and Property from any who would violate it. Sometimes that requires force of arms, to which we also have a Right.

      We don’t need a central government to manage us as livestock. We are their superiors, since we put them in Washington to serve us.

      It is not rebellion when the masters say to the servants, “You’re fired!”

  9. cynic says:

    “Fannie Mae, the nation’s biggest underwriter of home mortgages, has been under increasing pressure from the Clinton Administration to expand mortgage loans among low and moderate income people and felt pressure from stock holders to maintain its phenomenal growth in profits.”
    “In moving, even tentatively, into this new area of lending, Fannie Mae is taking on significantly more risk, which may not pose any difficulties during flush economic times. But the government-subsidized corporation may run into trouble in an economic downturn, prompting a government rescue similar to that of the savings and loan industry in the 1980’s.”
    ”From the perspective of many people, including me, this is another thrift industry growing up around us,” said Peter Wallison a resident fellow at the American Enterprise Institute. ”If they fail, the government will have to step up and bail them out the way it stepped up and bailed out the thrift industry.”
    There is so much that I could have passed on from this article. Please do read it. It was all there, before our very eyes, and we knew this was going to end badly. I am now reading about the car and school loan bubble going bust real soon.

    • cynic says:

      (…)Citi’s Mary Kane who, in a note out in late January, sought to dispel the notion that subprime auto was the next “Big Short.”

    • leslie says:

      Thanks, cynic. I plan to read this despite it being from the NYTimes.😉

    • Myiq2xu™ says:

      There were actually quite a few people who saw it coming. They wrote articles and ran around with their hair on fire trying to warn everybody. The government and the banks kept saying everything was okay so the media tuned them out.

    • John Denney says:

      Coincidentally, my wife and I just watched this movie last night.

      My only complaint is that they didn’t bring out the connection to the Community Reinvestment Act (CRA), which Bill Clinton’s administration used to put pressure on banks to make bad loans.

    • 1539days says:

      Almost no one with money or power is innocent. Clinton and Bush touted record home ownership. Banks made it profitable, Investors made it sellable. Donald Trump benefits from high real estate prices for almost every reason and Ted Cruz’s wife got a richer employer out of it.

    • lizzy says:

      Gretchen Morgensen is another financial reporter for the N Y Times. She did a book a few years ago about the excesses of Fannie and Freddie. She also talked about the fraud of banks and loan companies exploiting unsophisticated borrowers. I don’t remember the title. It had excellent information.

      • cynic says:

        Gretchen is one of the few NYTimes writers that I will actually read. The book is ‘Reckless Endangerment’.

        She also said that the Dodd-Frank bill doesn’t take care of the ‘too big to fail’ bank problem.

  10. votermom says:

  11. votermom says:

    I think all the links on the sidebar are working links now.

    But I am open to deleting any of them that you guys don’t like anymore (I’d be happy to delete the entire “Lean to the Left” category, in fact), so let me know.

    Denise, I put White House Dossier & MOTUS under Lean to the Right but I can move them if you think they should be under a different category.

  12. cynic says:

    Anybody out there watch MJoe today? I caught just a couple of segments. Did they talk about Bernie not speaking at AIPAC?

    • Anthony says:

      Mentioned it casually, took about 15 seconds. “Bernie Sanders, the only Jewish candidate for President, will not be speaking at AIPAC today because of a scheduling conflict”. Period.

  13. foxyladi14 says:

    Lily Bug gets prettier by the day. 🙂

  14. Dora says:

  15. Lulu says:

    Scott Adams has a good one this morning. From republic to economic fascism to populism. And all-seeing eyeball of social media recording it all for examination and dissection.

  16. mothy67 says:

    Happy happy super fun day! Watching youtube videos with da sick brat. She is very into minecraft, Taylor Swift, and The Hunger Games. She subscribes to this Joey Greceffa person who has 6 million subscribers. She has 12 on her sad little channel. He is one of her disciples. He did all these spoof videos about the Hunger Games. She flat out told me in a matter of fact voice he dates other boys. Not a big deal. I have held my breath for 9 years. I didn’t want to dump that on her. Not an issue. So happy.

    • votermom says:

      What is her YouTube channel again?

      • mothy67 says:

        Bella Loves channel.
        It is so insipid. She is bright but she is 9. If I had my druthers there would be no youtube. I feel its better to trust her and be open. She will be exposed to this stuff. I’ prefer she does it openly. Cool thing about Kindle is I know every where she goes.

        • votermom says:

          Her accent is so cute – is it British?

          • mothy67, says:

            Hermione Granger. She is an idiot.

          • mothy67, says:

            Ever watchvthe Real O’Neals? It’a a sitcom based on Dan Savages life. Its like the Goldbergs. Not a big fan, but it touches on the fact that Irish Americans don’t talk. I cannot speak for an ethnic group but we did not talk. I refuse to let my baby girl exist with inner turmoil. Not when I am right next to her. I reject shame. My mom was 14 when she had my brother, my sister(pup’s grandmother) was 15. Her mom was 18. No one talked about sex but teens got prego. Buck stops here.
            I am in eternal debt to J K Rowling. I read every book to my charge. Hermione is near perfect. I had so many conversations with her about integrity, friendship, scholarship.

    • lildoggy4u says:

      Mothy, I got caught up watching those videos from Joey Greceffa too a while back. I went back to when he began as a youngster when he was 15 or something like that. He’s become a worldwide internet sensation. He talks candidly about his broken homelife, his mother’s alcoholism, therapy and finally his coming out. Along the way you meet his puppy and watch him grow along with Joey. It is hard to not watch. I stopped watching as he becomes an adult and travels the world and shops in Beverly Hills, etc. But his younger days were good for letting other kids know they can turn to someone for help and express their feelings. He’s written a couple of books but I never read them.

      • mothy67 says:

        Shaypup loves him. He has taken a huge burden off me. I was terrified, how do I tell this little girl that I have taken care of for 9 years that I’m gay. How do I even begin that conversation? I understand some people are very open about that. She is my job. I owe her the best I can give her. No need when she was wee to complicate her bizarre life more. I am so proud. I could not paint a picture, write a book win an Academy Award. Those would pale compared to having a bit part in a little girls life. She was thrown away. By chance I encountered her. Straight A’s, blue belt, dancer, piano, flute.
        I am fervent about Trump because I grew up in one of those towns that disolved due to trade deals. NRO is so obnoxious. There are no jobs. My cousin Carol is 50 she worked for this company for 24 years they went to Mexico. She has an associates degree in nothing. Her title was Clerk 3. 80 grand a year and union benefits. She will never find a similar job. Four years since she was let go. Had to cash in her 401. There is no where for these people to turn. No jobs. I was lucky my dad was a super market manager. We could not afford a car so we moved close to his job. Good school. Area not dependent on industry. We were poor but I saw opportunity. Sad place where I was a kid is akin to third world. Tragic. Kevin Williamson makes me want to puke. Dismiss poor white folk likethey are lepers. So gross. So unfair. I love those peeps.

  17. lyn says:

    Timely post … we’ll be watching “The Big Short” tonight. Our political and economic systems are so corrupt.

  18. WMCB says:

    • WMCB says:

    • mothy67 says:

      Ugh how many people took home a paycheck because of Donald. I loathe Warren I really want to call her that four letter word women lose their minds over. I also want to call hills same thing. I find it funny when people call me a f a g. I do not fall apart over a word.

      • DeniseVB says:

        Actually, I prefer Hillary over Warren. Warren’s just as slimey as Obama and even less prepared for the job. If that’s possible.

        • leslie says:

          I prefer HRC to Warren as well. They are both inauthentic, but HRC has real governing experience/exposure and has deeper connections with leaders worldwide. She is better prepared for the job. And if Warren does eff over HRC, then I am convinced there is a “special place in hell”, as M Albright suggested, for EW. EW will have earned it.

    • votermom says:

      OFFS. Trump was making millions BEFORE he inherited anything from his dad.
      Typical commies, always waiting for someone to kick the bucket so they can grab their cash.

      • DeniseVB says:

        His hobby in college was speculating in real estate buying and selling, preferring to do that over a regular college “life”. I think Dad started him out with a million to play and invest with and told him if he lost that, not one cent more! I hear he did quite well🙂

    • votermom says:

      • DeniseVB says:

        I caught Warren bashing Trump over something or other on a news clip recently. She looked like an angry rat, or maybe it was a mad possum myiq recently cornered? Not very Presidential and shriller than Shrillary😉

  19. lyn says:

  20. WMCB says:

    • Anthony says:


      • WMCB says:

        The problem with the larger Muslim community is not that they are all evil. They’re not. The problem is that when push comes to shove, they will protect their own. They may do it with mixed emotions, with sorrow, with heartfelt wishes it weren’t so, but THEY WILL.

        And until and unless that changes drastically, I don’t want ANY of them coming into my country. Sorry, but that’s not “hate”, that’s sheer risk assessment that I have every right to do.

        • Anthony says:

          Totally with you on this. Somehow, when politics uses “god’s word” (anyone’s god), the lemmings tend to do the most drastic and stupid-ass things…

        • WMCB says:

          I’d have no problem with Muslims living peacably and in an integrated fashion in Western society. But I refuse to ignore what my own damn eyes can see – once a certain number get anywhere, they go supremacist, and try to leverage their host culture to their liking, every time.

          And until they can fix that problem in their mindset, I don’t want them. I have no general animus, I wish them well in their own countries, but I don’t want them.

          • Anthony says:

            I’ve said (and still maintain) that the only people who can control radical Islam are the Mullahs, Imams and moderate Muslims. Nobody else. It has to come from their own community. Otherwise, organizations like CAIR will continue to perpetuate their victim status.

          • Myiq2xu™ says:

            Jews, Buddhists, Sikhs and Hindus seem to have no problem living in an integrated fashion in Western society.

          • WMCB says:

            The difference is that Jews, Sikhs, and Hindus have a *religious* system. Islam has an entire governmental system, complete with laws, courts, etc baked into their religion.

            That’s the primary problem – Islam is as much a political ideology – openly advocating *temporal and governmental supremacy and conquest* – as it is a faith. So conflict with Western forms of govt are almost inevitable.

            Even when “non-violent”, Islam is the weirdo Christian Dominionists on STEROIDS, with far far larger numbers. So yes, it’s a threat to Western civ.

        • John Denney says:

          Will a Muslim hold these truths to be self evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these Rights are Life, Liberty, and the pursuit of Happiness? Will he defend another’s Life, Liberty, and Property, even if the other is not a Muslim, and the violator is?
          If so, then he has the American spirit.
          I think Kurds are in this category, since they defended Yazidis and Christians from ISIS.

    • Jadzia says:

      Ugh. I’ve been working my ass off for the past few days and didn’t see this.

  21. Dora says:

    Wow! And remember that NYS has Andrew Cuomo – a liberal democrat – as governor.

    NEW YORK, SOUTH CAROLINA consider special registry for Muslim ‘refugees’

    Sounds like what Donald Trump is suggesting, minus the constant surveillance of Muslims entering the country. Bills are being proposed in both states to require an ongoing registry of Muslim refugees who enter the U.S., according to the Associated Press.

  22. DandyTIger says:

    I accidentally watched some of the Castro/Obama speechifying. I think we can now officially call the Dem party the Communist party. Also, Obama is a compete moron.

    • leslie says:

      You didn’t have to watch the Castro/Obama speeches to realize that obama is “a complete moron”.

    • DeniseVB says:

      I had that creepy feeling as well. And this doesn’t seem to bother the moderate Dems? I already feel our country is socialist with my being taxed without representation….the GOP tools in Congress sure don’t care where and who they throw MY money at. You betcha’ I’m angry.

  23. Dora says:

  24. jennifer lyn says:

    Remember what your grandma always said? THE TRUTH HURTS. People are squirming when Trump speaks not because it is hateful but because it is HURTFUL who wants to be told you are not special, you have to follow the rules, you have to get a job, you have to stop being lazy, you have to be responsible. However, the thing about truth is that you can only deny so long until the denial crushes you (i.e. the big short). For years I emailed my super SUPER rich uncle (Obama’s stayed with him at his castle in Denver during first convention) about the uptake in housing values years back. My emails to him went like this. How can the same home be worth double? How can people afford that if their salaries aren’t going up? What will happen if they can’t sell the homes for what they paid? He would tell me that the market always expands to take care of these issues. I told him I did not see this happening. In fact, I told him it looked foolish and scary. He also told me that as a Jew he supported Obama, despite his racist and jew hating ways, because of money/business. He has many kids and I wonder if he just thinks that his money will protect them or if he realizes protecting yourself and screwing the world always ends up hurting you too because YOU LIVE IN THE WORLD. I was not even a business major and I could see the writing on the wall.

    Hillary and the Dems pushed banks–FORCED banks–to loan money to bad risk clients under the guise of racism. See, according to the Democrats not loaning money to people who have NO WAY IN HELL of paying it back is racist if the person you deny the loan to is not white. So, if the banks wanted to stay in business had to make bad loans. Truth however smacked down this ignorant and illegal (i.e. all parties involved should be in jail and paying money back ESPECIALLY Clinton, Rangle, etc., etc) policy and what happened was lowering the standards to get a mortgage gutted the one true way to prosperity and security in America which was home ownership. What is WRONG with democrats that cannot read writing on wall your own party screwed you in a.. and you still lick their feet. THINK ABOUT IT PEOPLE.

    Read article in paper today about CEO of Starbucks opening one in Ferguson. Yep, that Ferguson. Also went on to say that CEO’s around country have this pack to hire 20,000 low income minorities and that this was a great thing. NOT. You know why there are no grocery stores in ghettos–because they can’t stay in business. You cannot fix a problem at 20 caused by age 3. I love kids and feel for youth gone wrong but when CEO of Starbucks tells me that he is going to make that store make money with you know who selling you know what to whom I say PROVE IT. I want to see open books because you and I know darn well that is going to be disaster. Why don’t stores hire inner city low income minorities to work I will tell you why because most of them have no education, no morality, no people skills, and no desire to work hard and better themselves because they have been trained and programmed since birth to be the opposite. They had opportunity but truly most by age 3 were royally screwed. Before you challenge me I know a bit about this so trust me. How do you solve the problem of a lost generation(s)? END WELFARE because it is child abuse paid for by state. I will be quiet now but that is way you end it because no amount of money can fix a hurt child or give them life chances they would have had but for being born to a..holes. Foster system just gives grandchildren to grandparents who ruined the parents of the grandchildren so we are just adding bad to worse AND we pay. As Dr. Phil says, you can’t fix jack until you tell the truth. Trump is telling truth and I am LOVING IT.

    • John Denney says:

      My opinion:
      A country prospers when its people prosper.
      An individual prospers via the Four Pillars of Personal Prosperity:
      1) Can-do attitude
      2) Diligence
      3) Continuous learning
      4) Trustworthiness
      All motivated by love for your neighbor, as the Lord commanded.
      These can be given to no one, only encouraged, and their opposites discouraged.
      They apply to all, regardless of age, gender, or ethnicity.
      The government’s place in this? The primary job of the government (We the People) is to defend each person’s Life, Liberty, and Property.

      “But if you bite and devour one another, take care that you are not consumed by one another.” – Galatians 5:15

    • DeniseVB says:

      This is what sticks in my craw, nobody paid attention in 2008 Obama’s resume included being a Chicago lawyer for ACORN when they sued that racist Bank of America for not approving loans to unqualified minorities. Wait, what? Was I the only one vetting him in 2008 ? In the meantime, the Obamas were living on second mortgage lines of credit on their 150k condo. No wonder our economy is such a mess…

  25. Myiq2xu™ says:

  26. lyn says:

    Lola-at-Large says “Truth trumps hate.”

  27. DandyTIger says:

  28. WMCB says:

  29. mothy67, says:

    If I seriously have to watch The Hunger Games again with a sick child can I have a martini at 3. She is asking me if everyone is so poor in district 12 how does Peta have money for hair gel? There are other adults in my house. I can get drunk.

  30. WMCB says:

    • DeniseVB says:

      Cuba’s such a lovely island, why haven’t we offed the pricks that are running that country like a gulag and punishing their hardworking people by keeping their spirit in a vise? Com’on 50+ years of this ? WTF ‘Merica?

      Oh wait, Cuba IS Obama’s business plan for OUR country. Nevermind…..

  31. WMCB says:

    • Myiq2xu™ says:

      • Somebody says:

        I can think of a lot of words to describe Donald Trump, but loser isn’t one of them.

        • Jadzia says:

          Trump STILL rubs me the wrong way, but I don’t think I’ve ever heard him calling his opponents names.

          • Jadzia says:

            And no, ‘the Indian’ doesn’t count–because according to EW it’s true, right?

          • Somebody says:

            Well now I think Little Marco and Lyin’ Ted qualify as name calling.

            I just don’t know how Warren thinks the title “loser” is going to stick to a billionaire. Financial success isn’t everything, but most people equate success and winning with financial success. Whether that is valid or not and what that says about our society is an entirely different ball of wax…….but facts are facts, Trump is a billionaire and most people equate that with success NOT with being a loser.

          • Jadzia says:

            Oh, I guess I didn’t know about those! I thought that was Trump supporters, not the actual candidate.

          • DeniseVB says:

            Trumps fires back immediately when he’s attacked with the first thing that comes to his mind. It’s a thing of beauty, have been a fan of his for 40 years and have been wanting him to run for President since 1988 !

      • Lulu says:

        So Soros offered her $25000 and she snapped at it like a turtle which must be her spirit animal.

        • Somebody says:

          Lulu, you’re on to something. Using a spirit animal to mock Warren is brilliant because it also harkens back to her false claims about being native American. Along the same vein you could call her something like “Speaks with forked tongue”.

    • votermom says:

      • Somebody says:

        I’m still partial to Fauxcahontas. We could also come up with something using a riff on Sacagawea.

  32. DeniseVB says:

    And, we have GrabbyGate3 ! Now at the Cruz camp. Another snowflake “journalist”. Read her timeline to follow the draaaaaaama !

  33. WMCB says:

    Trump looking/sounding very presidential in his press conference.

  34. Myiq2xu™ says:

    The Religion of Peace™:

  35. WMCB says:

    GAAAAAAAH I want this limp little prancing punk off the world stage and representing my country sooooo badly. He just got Rick rolled. Again.

  36. Jadzia says:

    This sounds like an awesome movie!

    Maybe I’ll wait until after my rage stroke, though.

  37. Dora says:

  38. Mt.Laurel says:

    All I can think about the over the top coverage of the latest vacay for BO, MO and Val Pal is:
    Only Obama could go to Cuba.
    Because even Carter knew to stay away from the cesspool.

  39. Propertius says:

    You might want to read some of Michael Lewis’s other books – I’m currently finishing up The Money Culture, a collection of essays on finance that he wrote in the mid- to late 1980s. One of them, “How Wall Street Took the S&Ls for a Ride” (written in Nov. 1989) is the first discussion I can find on CDOs (then known as CMOs – Collateralized Mortgage Obligations) – and how they caused the S&L crisis of the 1980s. Sample paragraph:

    Just to complete the picture, the older guy [an S&L executive] is clutching credulously to his chest a package — a two-inch thick job bound in plastic that and whose cover reads Salomon Borthers or First Boston. It also says Scenario Analysis for Risk-Controlled Arbitrage or, perhaps, CMO Equity Analysis. This is a gift from the young men [bond salesmen, as Lewis himself was before he turned to writing], and it comes with strings attached. Since 1985 risk-controlled arbitrage has been a Wall Street euphemism for big-time gambling in the mortgage-backed bond market. CMO Equity (b.1987) is a particularly slippery mortgage investment. The CMO stands for collateralized mortgage obligation, but bond salesmen call it “toxic waste.”

    It’s astounding that the 2008 crisis was brought about by the same sleazy deals that crashed the S&Ls in the late 1980s, but that’s basically what happened (along with some new, innovative snake oil like “Credit Default Swaps”), but it’s true: this financial implosion was over 20 years in the making.

    There are also a couple of interesting (and rather unflattering) essays about the early career of a certain then-young billionaire. Lewis didn’t care much for Trump in the ’80s. It’s worth a read.

    • WMCB says:

      Difference is that the perpetrators of the S&L crisis went to jail, and those firms got broken up and restructured.

      In 2008, we let them all skate and then conoslidate even more.

  40. votermom says:

    Did Trump speak at AIPAC yet?

  41. WMCB says:

  42. votermom says:

    Trump making an actual speech, not his usual stream of consciousness.

  43. WMCB says:

    Trump is killing it at AIPAC.

  44. taw46 says:

    Damn, pro-Israel all the way. Yes!

  45. WMCB says:

    Trump at end said that “even as I’m speaking, my daughter Ivanka is having a BEAUTIFUL JEWISH BABY.”

  46. WMCB says:

  47. taw46 says:

  48. WMCB says:

    Cruz doing okay, but he is doing that “preacher cadence” thing that is just grating. Sorry, but it is.

    • Anthony says:

      Not alone in that thought

    • mothy67, says:

      Is your husband funny? I know you are a nurse and husband is an MD. I had tetrology of fallot. My mom is a nurse. I grew up in hospitals. Staff was so depressed most of the time. The rare funny ones pulled me through. I think it is an impossible job but I will always cherish the smart asses.

      • WMCB says:

        Hubs is a grade-A smartass. Bigtime. 😀

        • mothy67 says:

          I genuflect. You have no idea how refreshing an asshole is. Its like you get to be more than a disease for a moment. I defied the odds by not acknowledging my expiration date which was 1971. I get a yuuge kick out of people telling me I’m racist. I was 4 and had a hole in my throat my sternum had burst open from cheap wires so I had to wear this shell around my chest. No one would touch me. I was scary. Fat black lady was a social worker. She pulled me on her lap and read to me. She was abrupt. I love her. Best medicine can be harsh. I’m still standing. Lots of drugs 80’s, 90’s. No way in hell I should still be going. I am. Guarentee no way I’d lived if it wasn’t for a fat black woman in a rocking chair.

  49. Anthony says:

    Wow! KILLED it! Krauthammer was spitting live devils and flaming alligators out of his mouth when he had to admit he looked presidential and did a very good job of it

  50. WMCB says:

    Dear Ted: Trump never said he was “neutral on Israel”. That’s a lie. He said in the specific context of brokering a deal between Israel and Palestine, you can’t go into it publicly saying you already favor one side’s specific demands.

    He wasn’t making a general moral equivalency of Israel and Palestine. He was saying in the context of THAT DEAL, you have to hear/consider what both sides need to get out of it, in order to be an honest broker.

    And that’s true. You can’t get people to the table while publicly saying “I intend to favor what one side wants over the other.” That’s negotiating 101. You have to be at least ostensibly “neutral” regarding what the content of the deal is going to be.

    • WMCB says:

      IOW, despite what the hair-on-fire set says, Trump never claimed our entire foreign policy would be “neutral” as regards Israel. Never. Just his approach to potentially brokering that deal

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