Comments on: State Pushing Sub-Prime Energy Home Loans

By: PPIC poll ignores big drop in support for Brown’s tax — California Political Review

Thu, 31 May 2012 15:55:44 +0000

[…] Lusvardi is a political commentator and writes for CalWatchdog. Originally posted on CalWatchdog.) Share this:FacebookEmailDiggRedditStumbleUponPrint Filed Under: Top […]

By: PJ

PJ — Sat, 26 May 2012 17:58:14 +0000

Went to buy paint yesterday; can’t buy evil oil-based paint in SoCal anymore.
Wanted to install pot lights in the living room; can’t install them anymore without following a bajillion new regs.
Bought a new dishwasher; doesn’t clean, runs for hours, is “energy efficient.”
Installed central air and heat in old house; didn’t pull permit or would face thousands in required upgrades.

We live in the Soviet Union!

By: Beelzebub

Beelzebub — Fri, 25 May 2012 23:10:55 +0000

JPM stock down another 1.40% again today. heh heh.

I’m free….freefalling.

Bailout coming eventually.

By: Beelzebub

Beelzebub — Fri, 25 May 2012 16:56:22 +0000

Less than 2 months ago JP Morgan stock was near $47 a share.

Today it’s under $34 and falling like a rock.

People are speculating that the losses could run $20-$30B. heh.

Ripe for another taxpayer bailout.

Come to the Wall Street Casino – where the PLAYERS NEVER LOSE!!! HAH! 😀

By: Beelzebub

Beelzebub — Fri, 25 May 2012 04:37:53 +0000

Now there are strong rumors that the reported $2B JP Morgan loss could easily go over $7B. Big surprise, eh??? heh. Their positions are still open and rumor has it that if they close out the losses could go ballistic. heh. Nah, we don’t need more regulations. Heck, the free market will solve everything. JPM has lost a quarter of it’s stock price in the last few months. Just waiting to hear that magic ‘bailout’ word again. Call it the “B” word. heh. Bring in John Corzine. Let him straighten out the problem. heh. Account holders – stick you head between your legs and pray for divine intervention! heh. 😉

By: Beelzebub

Beelzebub — Thu, 24 May 2012 22:32:00 +0000

Oh well. What the hell. Easy come, easy go. I think they ought to bring back snake oil and sell it by the quart at the big box stores. Tell everyone it will heal everything from cancor sores to low self-esteem! heh. Try to get Dr. Oz or Dr. Phil push it on their weekday shows. Negotiate with Oprah to write a book on it. Whatever it takes to grow the economy! ANYTHING GOES TO BOOST GDP!!!! HAH! 😀

By: Wayne Lusvardi

Wayne Lusvardi — Thu, 24 May 2012 22:18:25 +0000

Over $200 Million Spent On Weatherization And Job Training But With Little To Show For It. “California was awarded $186 million in federal stimulus money to weatherize homes. So far, the program has created the equivalent of only 538 full-time jobs. A $59 million effort to train people for green jobs in California produced only 719 job placements.” (David Brooks, “Where The Jobs Aren’t,” The New York Times, 9/5/11)

By: Beelzebub

Beelzebub — Thu, 24 May 2012 21:57:31 +0000

Here, folks. Learn about John Corzine and the collapse of MF Global. It’s only about 20 minutes of your time and well worth it.

Corzine = Friend of Obama

You got friends in high places? No worries.

Has anything changed on Wall Street since 2007-08? NOPE! It’s business as usual.

This is why it’s all destined to collapse.

Those who tell you we need less regulation on Wall Street – not more – are full of it.

http://www.pbs.org/wgbh/pages/frontline/mf-global-six-billion-dollar-bet/

By: Hondo

Hondo — Thu, 24 May 2012 20:04:47 +0000

I’m in the real estate business. We know that new windows in our old buildings would take a decade or more to pay off the price of the windows, and that’s with us doing the installing. Not the inflated union goon salaries.
The notion of Obama rigging the appraisals to a higher level is criminal. It doesn’t matter how high a false appraisal a house gets, it will only sell at a market price (unless the government buys it. Is that where we are going with this?). And in a depressed state like Kalifornia, that ain’t going up any time soon. The Democrats are making all the same mistakes that led to the bad state our country is in now.
Who hired these guys anyways?
Hondo

By: Beelzebub

Beelzebub — Thu, 24 May 2012 19:19:52 +0000

“Where is the bottom here?”

You will see the bottom when the bond markets blow sky high.

And if you are in your early 60’s and life a normal lifespan you will see it before you go to the other side.

“When Corzine was asked about that during his congressional testimony the lying skunk plead ignorance and said no one knew what happened to the $1.5 billion. Shazzam, it just dissapeared. Right into JP Morgans coffers”

Yeah, I heard about that Frontline broadcast on PBS but I missed it. I’m certain they have it on-line now so I will watch the replay. PBS is about the only selectively honest news network we have left in America. You would never see this on NBC, CBS, ABC, FOX, MSNBC or CNN. They rely on bank loans to remain in business. PBS is funded largely through public donations. Same as all the mainstream newspapers. All bought and paid for.

The government has really done NOTHING to prevent what took place in 2007-08. In fact, they’ve made it worse by backstopping the biggest Too Big To Fails and making them even BIGGER than they were 5 years ago! Why have they done nothing??? BECAUSE THE FINANCIAL OLIGARCHS OWN THEM!!! THAT’S WHY!!!!