crazy-hot line

You can't rip up the crazy-hot line . . .
Because it's all up here!

-Paul Pardaen 30 July 2009

USA - A pension plan with an army

.

..the U.S. government will soon be nothing more than a pension plan with an army ...

- Andrew G. Biggs,

economist, PhD in government studies from
the London School of Economics
commenting on the principal components of
the projected US budget into 2017.
with 73% of expenses devoted to 5 programs:
Military, Social Security, Medicare and Medicaid,
and Interest on Debt

When you screw up, be sure to do it BIG

Modest incompetence simply won’t do;
it’s mind-boggling screw-ups that are required.

- Warren Buffet,
commenting on the impact of derivatives on the housing bubble -
that due to their widespread prevalence in the market, only a total collapse of the financial system could unveil their weaknesses.

Rent - truly unbelievable

.

Taylor W. Hickem:

You have to look at buying a house as your residence as two steps-

1. Buying the house as an investment based on a given rent,

and then

2. Choosing to move in and forfeit the rental income on your investment.

Olivia Campos:

I'm actually really surprised that I understand what you are saying

Brilliant insights from the Bush Administration

If houses get too expensive . . .

people will stop buying them.

- US President George W. Bush   

   January 2006

Acronym to remember: NAHASDA

NAHASDA (Na-has-duh?)

Native American Housing Assistance and Self-Determination Act of 1996 (‘‘NAHASDA’’)

- US Department of Housing and Urban Development

I got white socks !

young friend: My daddy's black,

My mommy's white,

And I'm brown =)

Ronin Campos: Well . . . I got white socks !

(age 4 )