Another trillion, down the drain

October 1, 2009. On that date, the Federal Debt was $11.9 trillion. Here we are, the beginning of the new fiscal year, and the national debt is now $13.6 trillion. This means that for FY2010, the Federal Government spent $1.7 trillion more than it took in.

For those keeping track, the Obama administration has borrowed $3 trillion in the 20 months that he has been President. The records keep being broken:

Carter borrowed $300 billion in 4 years Broken by Obama in just 2 months
Reagan borrowed $1.8 trillion in 8 years   Broken by Obama in just 13 months
GHW Bush borrowed $1.6 trillion in 4 years Broken by Obama in 11 months
Clinton borrowed $1.2 trillion in 8 years Broken by Obama in just 8 months
All presidents combined borrowed $3 trillion in 222 years. Obama did it in 20 months
GW Bush borrowed $5 trillion in 8 years  Anyone want to take bets on Obama beating this one?

I know that all of you Obama fanbois keep blaming Bush, but here we are nearing the halfway point of Obama’s presidency, and you just have to ask: At what point does he take responsibility for the mess we are in?

Gun control doesn’t work

Here we have a man who went on a shooting spree. He was a convicted felon, which means that he could not legally possess a firearm. He had a history of mental illness, also meaning that he could not possess a firearm. Still, he got one anyway.

There are those who say that making guns illegal would keep everyone, innocent and criminal, from obtaining firearms, and thus committing crimes. To those people, I would point out that he had also been convicted of cocaine possession. Cocaine is illegal, and has been for decades, yet no one who wants to buy cocaine has any problems getting it, as this Federal Judge who was just arrested for cocaine, marijuana, hookers, and illegal firearms possession proves.

The 25 most dangerous neighborhoods in the US

Wallet Pop just released the list of the 25 most dangerous neighborhoods in the United States for 2010. The local press is making a big deal out of the fact that an Orlando neighborhood made the list, but there were no Los Angeles or Detroit neighborhoods on it. I am not sure why that is, but I do want to look at the demographics of the included neighborhoods:

1 Chicago, Ill. W. Lake St. 97.8% Black 1% White 1% Asian No issue
2 Cleveland, OH  Scovill Ave 98.7 % Black 0.8% White Shall Issue
3 Las Vegas, NV  Balzar Ave 89.5 % Black 6.5% White  Shall Issue
4 Las Vegas, NV  Scovill Ave 66% of the neighborhood does not speak English, 71% calls itself as “other” in the race category Shall Issue
5 Atlanta, GA  Carter St 97.1% Black 0.7% White  Shall Issue
6 Philadelphia, PA  N 13th St 93.7% Black 3.1% White Shall Issue
Atlanta, GA  Marietta St 69.5% Black 19.8% White Shall Issue
8 Las Vegas, NV  D St 66.7% Black 12.2% White  Shall Issue
9 Washington, DC L St SE 97% Black 2.6% White No Issue
10 Chattanooga, TN King St 75.5% Black 18% White  Shall Issue
11 Charlotte, NC  N Tryon St 81.5% Black 3.8% White   Shall Issue
12 Memphis, TN  Florida St 96.9% Black 0% White   Shall Issue
13 Charleston, SC  Echo Ave 75.8% Black 1.4% White  Shall Issue
14  Louisville, KY  E Beckinridge St 83% Black 11.2% White     Shall Issue
15 Fort Worth, TX  E Lancaster Ave 64.6% Black 11.7% White   Shall Issue
16 Winston-Salem, NC E 21st St 93.9% Black 1.3% White Shall Issue
17 Atlanta, GA Richardson St 75.4% Black 5.8% White  Shall Issue
18 Chicago, IL 4000 S Federal St 100% Black   No Issue
19 Memphis, TN N Danny Thomas Blvd 86.6% Black 11.5% White   Shall Issue
20 Cleveland, OH Chestnut Pl 98.9% Black 0% White    Shall Issue
21 Galveston, TX Church St 50.6% White 40% Black   Shall Issue
22 Atlanta, GA Humphries St 99.5% Black 0.5% White    Shall Issue
23 Kansas City, MO Independence Ave 61% Black 16.6% White    Shall Issue
24 Cincinatti, OH Moore St 89.9% Black 10.1% White Shall Issue 
25. Orlando, FL Neighborhood: Parramore 70.6% Black 16.7% White Shall Issue

Looking at the list, it immediately strikes you that there is a trend there. You would be called a racist by many if you took note of the fact that, with two exceptions, the top 25 most dangerous neighborhoods in America are at least 65% Black. Yet the same thing is done everyday by anti-gun forces who want guns made illegal, and this is seen as logical, even though the list above shows that there is less of a correlation with gun laws and crime than there is race and crime.

Take another look at the list above: every neighborhood above has a below average income and education. Ponder the cause and the remedy. It isn’t race, and  it isn’t gun control. It is a cultural problem.

Comments calling me a racist are missing the point, and will not be posted.

It Figures

I am currently taking a class on Administrative Law. That is, it covers the laws and regulations that govern administrative agencies like the FCC, FAA, and local ones like the Fire Department.

We were discussing a situation in class, and our assignment was to find a solution for the problem, as if we were the person in charge. I found one that accomplished the goal, and still respected the rights of the people involved. Another student’s solution was a gross violation of the law, and of the rights of the people involved.

I pointed out that his solution was a violation of the Constitutional rights of the people involved. His reply to me was “So what? Let the lawyers worry about that. The broke the rules, they need to accept whatever happens.”

Guess where he works? Homeland Security.

Musical interlude

This lady is one of the most talented singers I have heard in the last few years.

That is one smooth, smoky voice. This one looks graceful, since she incorporates sign language:

For something a little peppier:

I know this makes me sound like an old fart, but most singers today seem more like produced products where looks matter more than talent. That is not true of Ms. Furler. Exceptional talent, great voice, and still cute and peppy without being slutty or trashy.

Bank of America admits fraud, just not in so many words

First, it was GMAC that had to suspend foreclosures because they were caught manufacturing the paperwork needed to take people’s homes.

Then, JPMorgan Chase was forced to do the same, citing problems with documentation. From the Chase article:

The Associated Press said that the company has acknowledged its employees “signed some affadavits about loan documents without personally verifying the files,” and said the bank has asked judges to hold off on entering judgments on the foreclosures in question until its review is complete.

Now, Bank of America is following suit. These banks, their employees, and their attorneys are being caught committing perjury, yet there are still people out there who are blaming this economic meltdown on the borrowers by accusing them of borrowing money they couldn’t afford to repay. They blame the Government for “requiring” banks to lend to people who couldn’t pay.

They blame everyone except the banks, who took in trillions in profits by making sub-prime loans, then got a government bailout when the loans collapsed, and are now committing fraud to take people’s homes.

Why aren’t people being put in jail for this? Why are these lawyers not being disbarred?

Another problem being overlooked is this: When a foreclosure is found to have been awarded because of fraud, that foreclosure is void or voidable. When a lawyer, who is considered to be an officer of the court, is found to have fraudulently presented facts to court so that the court is impaired in the impartial performance of its legal task, the act, known as “fraud upon the court”, is a crime deemed so severe and fundamentally opposed to the operation of justice that it is not subject to any statute of limitation. 

What does this mean for the future of Real Estate? That means that no one can issue title to a single piece of property without considering the possibility that someone can have a previous foreclosure voided, and that property returned to the previous owner. Think about the implications of this, and the effect it will have on prices.

The 10 largest mortgage lenders in the Nation control 78% of the mortgages. They are:
1 Bank of America- 26% market share – suspended foreclosures due to fraudulent documentation
2 Wells Fargo – 24% market share
3 JP Morgan Chase- 10% market share – suspended foreclosures due to fraudulent documentation
4 GMAC- 4% market share- suspended foreclosures due to fraudulent documentation
5 Citigroup – 3.5% market share
6 US Bank Home Mortgage – 3% market share
7 PHH Home mortgage – 2.5% market share
8 SunTrust – 1.75% market share
9 Provident Funding -1.65%
10 Branch Banking and Trust 1.6%

Halfhearted fight

So the US Military is trying to railroad some soldiers because they posed for pictures with a few dead Afgans. From the article:

Troops allegedly shared the photos by e-mail and thumb drive like electronic trading cards. Now 60 to 70 of them are being kept tightly shielded from the public and even defense attorneys because of fears they could wind up in the news media and provoke anti-American violence.
“We’re in a powder-keg situation here,” said Eugene R. Fidell, president of the National Institute for Military Justice and a military law professor at Yale University.

 There are so many things wrong with this. First of all, they are denying defense attorneys access to the evidence, because of “National Security.” I thought Obama said we wouldn’t do that anymore. These guys have a right to a fair trial. Period. If National Security issues are so important that you cannot release the evidence to afford the accused a fair trial, then you let them go. I agree that sometimes National Security concerns require that we not release certain facts. However, I also feel that when such secrets cannot be released, then that means that you cannot throw people in jail by saying, “National Security, we can’t let you see it, but trust us, this evidence proves his guilt.”

Next, they are worried about anti-American violence? Have we really turned into a nation of pussies? We are constantly deluged with pictures and films of Jihadis killing and torturing our soldiers, but “OMG!!! Someone just found out that we killed a few people! I hope we didn’t make anyone angry.”

Look, I think that we have no business over there, but if we are going to be there, then you fight to win. This is exactly how Vietnam turned into the mess that it did, because we weren’t serious about winning. You win a war, any war, by destroying the enemy’s ability to fight back. How do you do that? Well, you destroy their ability to support the war effort when you blow up power plants, factories and bridges. You bomb railways, dams, and anything else that can be used to build war materiel. That also includes blowing up the people who will work in , and rebuild, the factories, bridges, and power plants.

There is also the psychological effect: The people are so afraid of what you will do to them, that they lose the will to fight. We need to stop pussyfooting around, and get this over with. The United States won a World War by bombing the crap out of the enemy. We leveled entire cities.

This is the reason why I did everything in my power to keep my kids out of the military. I have been watching as we prosecute and micromanage our military forces, placing them at a disadvantage. Somehow the American public has gotten the idea that you can fight a war without anyone getting hurt, and I believe that this is the reason why we are so quick to go to war and use our military.

Guess what? War is a dirty, nasty business, where you win by attrition. It is not to be entered into on a whim, and once you enter into war, you need to be prepared to do whatever it takes to win. Destroy the enemy. If you aren’t ready and willing to do that, then war is not the answer.

Defenseless fish in a barrel

Shooters like defenseless victims. The recent suicide at the University of Texas is proof yet again that gun free zones do not work. Many, including myself, would like to see Colleges and Universities removed from the list of places where I cannot carry a firearm. After all, I can carry a firearm nearly anywhere else I would like to go, so what is it about a campus that will convert me from law abiding citizen to raging killer?

Have you ever noticed that these sorts of events only happen where the shooter knows that due to law or policy, there will be no armed resistance? Police say that armed citizens would only confuse what are potentially chaotic situations because the police would not know who the bad guys are versus the good guys.I call bullshit on that. Why? Because police unions supported LEOSA, which is a law allowing police and retired police to carry concealed weapons nationwide, with few restrictions. How can a responding cop tell the difference between a shooter and a plainclothed, retired cop with a gun? Exactly.

John Woods, a UT graduate student who organized an anti-gun rally last year, disagreed. He said that having more guns on campus wouldn’t improve security.
“If there were multiple students running around with guns, it would’ve made the police’s job a lot harder this morning,” Woods said Tuesday. He was a student at Virginia Tech University in 2007 when a gunman killed 32 people, including Woods’ girlfriend. 


 Because having an unarmed victim zone at Virginia Tech worked out so well. The law banning carry didn’t stop the VT shooter, why would it? John Woods, other than being an unarmed, defenseless target, what experience do you have that would support your stupid, idiotic opinion?

What the police are demanding is that YOU are disarmed, so that they can enter the scene and not have to make a decision based on intelligence and reason, they merely want to be able to shoot everyone who appears to have a weapon.

The criminals have guns. The cops have guns. In the middle are the defenseless students, fish in a barrel.