{"id":9255,"date":"2009-07-21T11:30:35","date_gmt":"2009-07-21T18:30:35","guid":{"rendered":"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/?p=9255"},"modified":"2009-07-24T12:43:15","modified_gmt":"2009-07-24T19:43:15","slug":"all-is-well-a-tin-foil-hat-production","status":"publish","type":"post","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/9255\/all-is-well-a-tin-foil-hat-production\/","title":{"rendered":"All is Well&#8230; (A Tin Foil Hat Production)"},"content":{"rendered":"<p>Quick check on the current status:<\/p>\n<ul>\n<li>The <a href=\"http:\/\/thehill.com\/leading-the-news\/cbo-healthcare-bill-exceeds-1-trillion-2009-06-15.html\" target=\"_blank\">CBO came out with a non-partisan report<\/a> showing that Health Care Reform, as it stands now, will not only fail in its main purpose of lowering health care costs &#8211; but will actually <em>raise<\/em> costs by <strong>over $1 trillion<\/strong>!\u00a0 <a href=\"http:\/\/tpmdc.talkingpointsmemo.com\/2009\/07\/citing-cbo-directors-statements-senate-centrists-urge-slower-pace-for-health-care-reform.php?ref=fpa\" target=\"_blank\">Senators from both sides of the aisle are urging a slower pace<\/a> to take a better look at the tremendous costs.\u00a0 <em>In related news, President Obama is urging Congress to get <a href=\"http:\/\/www.youtube.com\/watch?v=5kC-wrDhbVU\" target=\"_blank\">health care legislation out next month<\/a>!<\/em><\/li>\n<\/ul>\n<ul>\n<li>The Chairman of the Joint Chiefs of Staff, the Secretary of the Navy, the Secretary of the Air Force, the current and former Defense Secretaries as well as  the President of the United States have all agreed <a href=\"http:\/\/www.washingtonpost.com\/wp-dyn\/content\/article\/2009\/07\/16\/AR2009071603872.html\" target=\"_blank\">there is no need for more  F22 fighter planes<\/a> beyond those currently contracted.\u00a0 Senators from states where the F22 is built,\u00a0 however,  <a href=\"http:\/\/blog.seattlepi.com\/aerospace\/archives\/171614.asp\" target=\"_blank\">have taken $369 million from an environmental clean-up fund and tacked it onto a defense bill<\/a> in order to keep building military planes nobody wants during a recession no one can afford, thus creating pork no one will eat.\u00a0 <em>In related news, the budget deficit reaches a <a href=\"http:\/\/www.marketwatch.com\/story\/us-budget-deficit-rises-above-1-trillion-2009713140510\" target=\"_blank\">record $1 trillion<\/a> and a little noticed study established that Congress can&#8217;t even <\/em>spell<em> the word &#8220;irony&#8221;.<\/em><\/li>\n<\/ul>\n<ul>\n<li> <a href=\"http:\/\/www.bloomberg.com\/apps\/news?pid=20601087&amp;sid=a2jo3RK2_Aps\" target=\"_blank\">Goldman-Sachs reports RECORD earnings<\/a> during the worst recession this nation has seen since the Great Depression.\u00a0 Shortly after repaying $10 billion in tax-payer bailouts, Goldman trounced analysts&#8217; estimates and continues to reap billions in profits trading in derivative markets.\u00a0 (Actually, they trade in unregulated tertiary derivatives &#8211; that&#8217;s a derivative of a derivative of a derivative of something that actually exists, for those of you keeping score at home).\u00a0 In the mean time, <a href=\"http:\/\/www.cit.com\/index.htm\" target=\"_blank\">CIT<\/a> &#8211; a company specializing in loans to small businesses and entrepreneurs &#8211; apparently serves no national interest to the Fed and has been told:\u00a0 &#8220;<a href=\"http:\/\/www.hispanicbusiness.com\/news\/2009\/7\/16\/smallbusiness_lender_cit_denied_bailout.htm\" target=\"_blank\">Enough is enough.\u00a0 No more bailouts<\/a>&#8221;\u00a0 (No soup for you!)\u00a0 and is desperately searching for funding while on life support.\u00a0 <em>In related news, keys members of the Treasury, the Fed, the administration&#8217;s key economic advisers and the principles of Goldman-Sachs have all agreed on a new <a href=\"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/9255\/all-is-well-a-tin-foil-hat-production\/#more-9255\" class=\"more-link\">Read more<\/a><\/em><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Quick check on the current status: The CBO came out with a non-partisan report showing that Health Care Reform, as it stands now, will not only fail in its main purpose of lowering health care costs &#8211; but will actually raise costs by over $1 trillion!\u00a0 Senators from both sides of the aisle are urging [&hellip;]<\/p>\n","protected":false},"author":36,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[29],"tags":[],"class_list":{"0":"post-9255","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"hentry","6":"category-group-therapy","8":"no-featured-image"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":14070,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/14070\/farewell-to-fannie-and-freddie-hold-your-breath\/","url_meta":{"origin":9255,"position":0},"title":"Farewell to Fannie and Freddie? Hold your breath&#8230;","author":"Greg Swann","date":"February 8, 2011","format":false,"excerpt":"The Obamanation plans to offer up three proposals to eliminate FannieMae and FreddieMac from the secondary mortgage marketplace. Expect to hear much mournful keening, in coming weeks, from the country's best enemy of private property, the National Association of Realtors. From the Wall Street Journal:More than two years after the\u2026","rel":"","context":"In &quot;Big Mother&quot;","block_context":{"text":"Big Mother","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/big-mother\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":15125,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/15125\/warren-buffetts-secretary-an-open-letter\/","url_meta":{"origin":9255,"position":1},"title":"Warren Buffett&#8217;s Secretary &#8211; An Open Letter","author":"Sean Purcell","date":"September 19, 2011","format":false,"excerpt":"I feel compelled to answer the question that has thrust you, Ms. Warren Buffett's Secretary, into the hot spotlight of public scrutiny and in so doing, I hope to stop this before you become, like Farrah Fawcett before you, the poster child of prurient interest.","rel":"","context":"In &quot;Big Mother&quot;","block_context":{"text":"Big Mother","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/big-mother\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":9809,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/9809\/whats-the-downside-to-investing-today\/","url_meta":{"origin":9255,"position":2},"title":"Whats the Downside to Investing Today?","author":"Cooksquared","date":"September 21, 2009","format":false,"excerpt":"My previous article suggesting today was the right time to start getting back to real estate investing was met with expected cynicism. Investors make money by going against the crowd, not with it, right? By the time everyone agrees that you should be getting back into real estate, you really\u2026","rel":"","context":"In &quot;Real Estate&quot;","block_context":{"text":"Real Estate","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/real-estate\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":16298,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/16298\/apparently-insanity-is-buying-the-same-house-over-an-over-again-even-though-you-never-qualify\/","url_meta":{"origin":9255,"position":3},"title":"Apparently, insanity is buying the same house over and over again, even though you never qualify.","author":"Greg Swann","date":"April 3, 2013","format":false,"excerpt":"You just can't make this shit up: Obama administration pushes banks to make home loans to people with weaker credit. Why not? It worked out so well the last time.The Obama administration is engaged in a broad push to make more home loans available to people with weaker credit, an\u2026","rel":"","context":"In &quot;Big Mother&quot;","block_context":{"text":"Big Mother","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/big-mother\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":14949,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/14949\/reforming-fanniemae-and-freddiemac-with-marx-rotarian-socialist-rent-seekers-of-the-world-unite-you-have-nothing-to-lose-but-your-brains\/","url_meta":{"origin":9255,"position":4},"title":"Reforming FannieMae and FreddieMac with Marx: Rotarian Socialist rent-seekers of the world unite! You have nothing to lose but your brains!","author":"Greg Swann","date":"August 17, 2011","format":false,"excerpt":"Totally cool. An actual newspaper article about America's favorite welfare program, government subsidized mortgages -- and in The Boston Globe, no less:Amid all the clamor about entitlement reform during the struggle to raise the debt ceiling, one enormous cost - and potential source of future savings - largely escaped scrutiny:\u2026","rel":"","context":"In &quot;Flourishing&quot;","block_context":{"text":"Flourishing","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/flourishing\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":301,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/301\/who-pays-when-seller-pays-closing-costs-the-buyer\/","url_meta":{"origin":9255,"position":5},"title":"Who pays when &#8220;seller pays closing costs&#8221;? The buyer . . .","author":"Greg Swann","date":"September 8, 2006","format":false,"excerpt":"This is me in today's Arizona Republic (permanent link):Who pays when \"seller pays closing costs\"? The buyer... Not all of the phone calls I get in response to these columns are from angry Realtors. I like the calls I get from real people, rather than Realtors or brokers. Even so,\u2026","rel":"","context":"In &quot;Marketing&quot;","block_context":{"text":"Marketing","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/marketing\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/9255","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/users\/36"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/comments?post=9255"}],"version-history":[{"count":18,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/9255\/revisions"}],"predecessor-version":[{"id":9297,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/9255\/revisions\/9297"}],"wp:attachment":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/media?parent=9255"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/categories?post=9255"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/tags?post=9255"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}