Archive for February, 2011

Another Strategic Default (that people approve of)

Saturday, February 12, 2011 19:26 12 Comments

In this interview that was published on mortgageorb.com, I was asked this by the interviewer: “Why is it that strategic defaulting at a corporate level is not actively challenged, but it is being challenged at a consumer level?” That was, of course, a great question. As I wrote, the notion of approving business defaults while [...]

This was posted under category: Financial Markets

Will 2011 Be a Banner Year for Strategic Defaults?

Tuesday, February 8, 2011 20:34 11 Comments

In reference to my previous articles and blogs (“It May Be Financially Irresponsible to Pay Your Mortgage” and “Why a Strategic Mortgage Default May Be Your Best Option),” I discussed this topic at great length. I talked about why there is no moral obligation in the purchase contract. The mortgage is a legal contract, not [...]

This was posted under category: Financial Markets Tags: ,

Dilbertnomics

Friday, February 4, 2011 5:57 6 Comments

Dilbert tells the truth on unemployment, unlike the government.

This was posted under category: Economics Tags:

Bed Bug Pandemic

Wednesday, February 2, 2011 16:34 1 Comment

I thought I was listening to Mad Magazine Radio yesterday when I heard about the National Bed Bug Summit. But the dial was on FOX radio, I am sure of it. Apparently, this summit came about because the Federal Bed Bug Working Group had failed to provide a solution to the problem. And then I [...]

This was posted under category: Idiocracy Tags: ,

Ziplocs are the Enemy

Wednesday, February 2, 2011 15:54 No Comments

The religion of politically correct environmentalism is right at home in Canada just as it is here in the US. In the town of Laval in Quebec, a 6-year-old boy was taught to fear plastic bags by the purveyors of propaganda at his school who threatened to punish the boy if he brought the disposable, [...]

This was posted under category: EnviroCommunism Tags: ,

Homeland Security for the Home

Wednesday, February 2, 2011 15:35 1 Comment

A double-agent of the state (cop and politician) has a creepy message for parents.  The state senator and former NYC cop shows you how to spy on your children (defined as protecting your home and family).

This was posted under category: "For the Children" Tags: