Tuesday, September 16, 2008

he hate me (#500)

This is my 500th post. So Thought amnesty. u dont have to think - let me entertain u.

Just tell me what u like or dislike about my blog and most memorable post - i think its the people blog, and what the heck, ask me what u want - i may or may not answer. Good day. see u thursday. And excuse the comment below, its for my folks No Slappz regarding the prior post.


Now slappz
McCain believes in enforce existing financial market regulations and not enacting new ones. The there is McCain’s record and involvement in the Keating five - the last big collapse of US financial institutions, that cost taxpayers over $200 billion (in today’s dollars.)

And what is the evidence that it is self correcting? And that is my point, if I don’t like your rating, I can pay someone whose rating I like. THE MBSs were never solid securities, im certain u can agree on that C+ if that.

“Keating used Senator McCain to lobby the Reagan administration successfully to appoint not only Lee Henkel (who then served as Keating’s “mole” on the FHLBB until I blew the whistle on him), but also another individual chosen by Keating. The FHLBB was run by three presidential appointees, so this would have given Keating majority control over the agency regulating S&Ls. The Reagan administration was set to make these recess appointments over the objections of the White House director of personnel, who opposed the appointments because when he called Arizona Republicans to vet the proposed appointments he learned that Keating “had a reputation for buying politicians.”


The only Fallacy of Composition I have observed is malignant McCain saying the fundamentals of our economy are strong yesterday in FL.

McCain promised to ``replace the outdated, patchwork quilt of regulatory oversight.'' During his 26-year career in Congress, McCain has supported proposals to cut, not increase, federal financial regulations.

In 1999, McCain voted in favor of the Gramm-Leach-Bliley banking deregulation act that let commercial banks and investment firms merge for the first time since the Great Depression. And, while he supported the Bush administration's takeover of Fannie Mae and Freddie Mac, McCain says he wants to sell the mortgage finance companies to private buyers.

And it is true, where did JP Morgan get the loot – US tax payers. Y do I say this? Because JPMorgan Chase and the federal governmentt teamed up on the bailout of Bear Stearns, a last-ditch move to save the investment bank. It calmed the market for a few – but such intervention aint SELF CORRECTING JONES.

The FEDS lent (is that a word) JPMorgan $29 billion as an enticement to buy the troubled Bear and its liabilities. As collateral, JPMorgan put u[p $30 billion worth of WORTHLESS mortgage-backed securities and other complex investments, which are basically the most problematic assets on Bear's books. JPMorgan has to repay the Fed loan with interest at the "discount rate," which is currently 2.5 percent.

The risk to the Fed—and to taxpayers—is IF these MBS turn out to b completely worthless, then the Fed would be out the whole $29 billion. Under the terms of the deal, JPMorgan would pony up the first $1 billion in losses.

And about Mr. Chairman Bernanke: He defended this shit, and in April this year folk said "Given the exceptional pressures on the global economy and financial system, the damage caused by a default by Bear Stearns could have been severe and extremely difficult to contain," that is what he told the Senate Banking Committee.

I would go on and wont even touch Cox because he was being considered. Tell me if I am wrong jones? vote

66 comments:

RiPPa said...

I love the fact that you bring people together, and make them think. Well, I know I think when I leave here. Hopefully everybody lse does.

Tia's Real Talk said...

Yay you!! Congrats!! I have never been before number 30 on comments. Guess that's one thing I like, you are loved by many. Your posts are very informative. Sometimes to the point of your intellect going over my head like "huh". But I love being challenged so dont stop. I like when you get personal and let us in on who raw dawg really is. What makes him tick? I still don't really know who you are as a person.

Sorry it took so long to post. For whatever reason your blog wouldnt fully load for me for days.

Torrance Stephens - All-Mi-T said...

Rippa
much love to u home slice

Tia's real talk
Im sorry, lot of stuff on my page, blogging since 2005

Tia's Real Talk said...

Oh kewl..no prob. Glad to know it's your page and not my pc..I was getting worried. Now I know just to sit and wait for it to do it's thang. Oh and I appreciate the daily love you show my page. You are a faithful commenter and thats real kewl of you! thanks dawg!

Urban Thought said...

You keep the blogosphere interesting. Your insight is on point and an eye opener. I want to thank you for putting out Raw Dawg Dictionary. Often, I would read and go "huh". But I have a better understanding now with what you are saying in terms of you're use of lingo.

Keep doing what you do. Congratulations on your 500th Post.

Anonymous said...

I want to know, to be so damn brilliant, why can't you spell or type? LOL.

bohemianabstractions said...

Congrats Folk! I love your perspective...your blog gives me food for thought. I'm also learning "Memphisian", gonna have to visit Memphis to test that out.

Now where's my shot of tequila?! ;)

Sheliza said...

wow folk 500?? That's alright! I can't say what my favorite post has been but I do always like reading your perspective and thinking outside the box. You are very entertaining and intelligent, yet your grammar is atrocious! You tell the truth even when others are outraged. You are yourself. Keep doing what you do.

Congrats on 500 posts!!

Ensayn1 said...

T, way to expose the silly belief that the economic is in the throws of a "self correction." Self correction lends to the idea that the system is a naturally flowing entity, similar to an undamned uncontroled river. Yet, in fact, the monetary system has been and will continue to be a manipulated river, played like a puppet at the whims of its masters. And the "true" masters never lose or feel pain during theser false corrections they continually gain. Congrats on the 500th post!

SjP said...

Congrats on #500! Yours is the place to be...where the party is and where the roof is always blow off the mutha! For those who ain't down - they got to take they dead a$$ on cause it can really get hot in here!

Love it - but, must say I'm still waiting on that chess match post. I know you play! LOL

Amina said...

YAY! Congratulations on your 500 posts

brran1 said...

Congrats on post # 500 RDB.

As far as the whole controversy goes, the government goes, they shouldn't be bailing out the companies that caused this depression. They should be making sure that the people can survive. But of course we are talking about the government. Capitalism at it's finest.

Lina said...

Congrats on your 500th...thats cool. I like the informativeness of your blog...it makes me think and I love nothing better than thinking. Speaking of which...its funny how back in the day (Im talking wayyy back) the government was attempting to keep JP Morgan from holding on to its monopoly and now they are paying it to develop a monopoly.

Nicki Nicki Tembo said...

Congratulations! Haven't been aware of you long but have taken time to read up on some of your post and papers. I find most all of it interesting. As a mom by choice I love the babies, everybody's! So it comes as no surprise that I have more fondness for the post that are primarily about them. I always say - we aren't as passionate about these babies as we should be!
I actually came back to you this am to get at no slappz some more but I see you took care of that. Wanted to point out how capitalism by design is predatory, rapacious! Since the Reagan era we've been hearing how 'big government' is so terrible. Big government being code word for regulation. As governmental regulation has eroded we find ourselves at this juncture. "Armegeddon been in effect, better get a late pass".
I've been able to hang with you but you got me when you translated that nut Kelso's game.

Yobachi said...

Congradulation on #500; I'm not too far from that milestone myself.

When did you first become an author, and how did you get into book writing?

~Yobachi
BlackPerspective.net

thegayte-keeper said...

GREAT blog...congrats on your milestone

sista gp said...

500 already, didn't we just see the 400th? Congrats to you!

Like: Even when you are not in the classroom, you still are teaching via your blog.

Dislike: viewing your blog from my blackberry is a little tricky. thank goodness for an unlimited data plan, LOL.

Questions: you had to know these would show up again

How did you get the name Raw Dawg Buffalo?
How did you get the name All-Mi-T?
If I cash in a life insurance policy, what is the best venue to invest it?
At what age would you allow your lil' princess to start dating, without you being there?
How long have you been growing your dreds?
How many women have you wanted but could/can not get, for varying reasons?
Does the Foreclosure Prevention Act of 2008 make sense? If a lender would reduce the principle of a loan in order to get it insured by FHA, why won't they do it anyway without FHA restrictions.
How can the Neighborhood Stabilization bill be beneficial if there is lack of employment for those who would purchase the rehab'ed houses?
What is your muse for writing?
How can a trojan infect a PC via a YouTube video?
How difficult is it for you to decipher your own typing?

Kei said...

Congratulations on the 500th post Raw Dawg! You are an amazing blogger. I love that you tell it like it is, and you give a little bit of everything. You talk about the news, society, politics, culture, etc. Don't change anything- keep doing what you do!

I am still shocked about the stock market yesterday. Somebody better get things right, and I don't want more of the same in Washington. This economy and mortgage crisis is getting way out of hand.

12kyle said...

Congrats to you bruh!!!

I love the blog b/c here it's a meeting of the minds. You could have called the blog Braincell. You drop science. Opinions are backed with facts.

Torrance Stephens - All-Mi-T said...

Tia's Real Talk
thank u sister

UrbanThought
as long as u dont say im too deep like many

Anonymous Anonymous
LMBAO. DK folk

bohemianabstractions
thank u tequeli and hot sauce u mean

Sheliza
love how u use folk, sorry bout the grammer mom

Ensayn1
thanks folks, wish more folks followed economy like they do lil wayne

SjP im down with a little lasker defense everynow and then lol

Amina
thanks hon

brran1
yea jones, when u coming back down this way?

Lina
nothing like a woman with a knowledge of history


Nicki Nicki Tembo
had to represent folk, so whats your blog and where ru located

Yobachi
thanks bruh, u been putting it down for a while u know i know

thegayte-keeper
thanks u very much

sista gp
LOL.


How did you get the name Raw Dawg Buffalo? my folk
How did you get the name All-Mi-T? my folk
If I cash in a life insurance policy, what is the best venue to invest it? today merrick mines or forex or gold
At what age would you allow your lil' princess to start dating, without you being there? 17
How long have you been growing your dreds? since 89 when started dissertation for my PHD
How many women have you wanted but could/can not get, for varying reasons? ) figure any woman i want - single i could get
Does the Foreclosure Prevention Act of 2008 make sense? If a lender would reduce the principle of a loan in order to get it insured by FHA, why won't they do it anyway without FHA restrictions. nope, see comment to slappz today
How can the Neighborhood Stabilization bill be beneficial if there is lack of employment for those who would purchase the rehab'ed houses? just a tax write off
What is your muse for writing? whats a muse? aint that mythical?
How can a trojan infect a PC via a YouTube video? via sequences between program scripts and kernals
How difficult is it for you to decipher your own typing? not as hard as my hand writing LOL

MacDaddy said...

You bringing it! McCain is tied into people who helped de-regulate the financial markets and to facilitate this crisis in the first place! I haven't heard one of those stupid pundits or talking heads say this.

Torrance Stephens - All-Mi-T said...

Kei
thanks sister, im am too and trying to regroup glad i liquidate my stocks in march

12kyle
now thats love folk, thank u cant wait to have u at the shop again and talk loot

MacDaddy said...

Oh, I forgot to say: Congrats on your 500 post!

Torrance Stephens - All-Mi-T said...

macdaddy
they want rating and the will never bring it folk

sista gp said...

I knew there would be at least one question you would NOT answer clearly. lol

looking for a number here
How many women have you wanted but could/can not get, for varying reasons? ) figure any woman i want - single i could get

you are right about your handwriting. i barely was able to read what you wrote along with your autograph in mom's books.

NoRegrets said...

Q: Why that photo in the post? I like that I have to investigate to understand, but still don't understand.

Like: you respond to every comment. It makes it personal.

Dislike, sorta: Often all of your comments agree with you.

Q: You say you could get any woman you want. Would they all be of a particular race, ie, yours?

[Note to Tera who may be reading this - don't be coming after me! just asking a question of your crush]

clnmike said...

Congrats on your 500th post.

bookfraud said...

congrats on #500. i don't think i can count that high.

don't take anything that no slappz says about economics seriously. i saw his original "response" and just had to laugh. he'll pull shite out of his arse to justify a preconceived political point. kind of like john mccain.

let's not forget that phil gramm of glb act fame (also known as the "let's allow citigroup and travelers to merge bill) is mccain's main economic advisor.

i'm glad you've taken the initiative in writing about mbs and such. i've written about such things for a living and its tough to get people interested -- unless there's a systemic collapse, as we're seeing now.

here's to the next rdb 500, which kind of sounds like a nascar race, if you think about it.

Soulstress said...

500 posts?!?!?!?!?! Congrats...luv ur blog..here's to 500 more!

I wuld love sum posts on relationships...give us sum insight on that;)

Ms TooFly said...

I love your raw wit and the fact I always come back with a new thought after visting.
Congrats on the 500th post!
Stay Fly ;-)

Missy said...

Congrats!! Keep hanging in there. You've got a lot to say and a real down to earth way of saying it. Your blog in entertaining and educational and as one person wrote, "It makes you think" can you really ask for more?

Gotta love the additions of what you're listening to and Memphisian. I'm determined to add "folk", and "Jones" to my everyday vernacular. If you knew me, that would be hilarious! LOL

Lovebabz said...

I love everything about you and your blog...ok I hate the time it takes to download....aaargh!

Sometimes I am not in agreement, but I love that you make space for opposing opinions, ignorance, naievete` and stupidity. I have been all and you graciously and lovingly allowed my comments to stand as is.

Your blog is my intellectual coffee for the day. Sometimes I am purposeful in staying away because you are habit forming. I love the way you think and I feel myself hanging on every word.

Your thought process is my foreplay...I love the way I feel when my mind is stretched and I come away feeling scholarly and respected.

Jones, Mane. This Yankee has a jones for you.

Congrats on 500 posts...raising my glass of pinotage for 5000 more!

G. A. Palmer said...

Congrats on your 500th post brother.

A Go Bytch said...

Congratulations Fam! I like that your blog gets a little deeper than others but then sometimes it confuses me like crazy and I end up reading it like 3 times... You're cool peeps. So what questions do I have...umm how's that dog business going?

MsMarvalus said...

Congrats on the 500th!!

IntrospectiveGoddess said...

Congratulations on your 500th post

Like: That you respond to everyone's comment even if they disagree with you or say something royally ignorant or stupid

Dislike: Sometimes the political content can be a bit convoluted...If I dont know the whole story its hard for me to grasp what you are saying but thats just me I'm not all that into politics..

Questions: Is there anything that you wish you could do that you cant do or never got around to doing?

Have you ever been married? Would you want to be married?

Do you want more children?

Do you actually like the act of sex or just the intimacy that comes with it?

Have you ever had a woman refuse to have sex with you after she saw you naked?

What would you do if neither one of your children later told you that they dont want to inherit your dog store?

IntrospectiveGoddess said...

Oh I also like your style of writing, and another quick question

Have you ever been in love with a woman who is not the mother of one of your children...

Whats the oldest age of a woman that you have dated and/or slept with

memphiz said...

you keep it real... you mix it up... you got me more into politics... you let it be known about how you feel about stuff. i digs you.

KELSO'S NUTS said...

FELICITACIONES, TORRANCE!

I used to have that picture of Rod Smart up on the wall of my home office in NYC.

For some reason, my version of IE is having trouble holding on to your page because of your latest widget. I'll either continue to complain or download firefox!

So, I only caught part of No_slappz's comment, but I got the gist of it. The Republicans can do no wrong. All ill is the fault of the Democrats and those dark of complexion and African of feature.

I don't want to go over his shit point by point anyway. As you say, it's like telling a guy with a bum knee not to limp.

There actually is value, though, in OUR discussion of these bailout issues.

I can't discuss Bear Stearns because Ace's son is one of my best friends. Anything I'd write would be colored by my feelings for Ted. I'd look for excuses and the family's feelings would be foremost in my mind.

I am happy to discuss AIG and MERRILL, though, especially in the context of gov't aid of those institutions and lack thereof of sub-prime borrowers.

Let's start with sub-prime loans, redlining, Hurricane Katrina, variance, Hillary Clinton and some other touchy subjects.

The problem with mortages for individuals is that for 99% of mortgage holders their home is a disproportionate piece of their net worth and it isn't close. Thus, the average homeowner is over a barrel. Someone who wouldn't be able to put $5000 away each year in a SPDR fund or a AAA bond, is stuck with a WAGER of over $300,000 on his or her home.

I wrote to you before that Jesus saves, Moses invests, and God diversifies. Well, apparently the problem of homeownership is that Man cannot and can never DIVERSIFY. Man is stuck long US interest rates and the US housing sector for his lungs. Without being able to diversify, the volatility that even somebody with no risk tolerance at all faces is enormous. Add in the new PERSONAL bankruptcy laws and the volatility that the average American homeowner faces would be terrifying to that faced by the biggest action junkie in the world in sports-betting or asset and liability trading.

And red-lined sub-prime holders we're victims of fraud in a huge proportion of cases and just assigned an unfairly high cost-of-capital in every other case.

So, of course, it's galling when MerrillLynch either directly or indirectly is bailed out after having abandoned its core competency in retail equity sales in favor of naked, leveraged prop gambles on the CDO market which they were not intellectually or culturally as a corporation prepared to deal with. Just dumb, late and greedy. Yet, bailed out by tax-payer money coming from the same people who on a relative basis got hurt way more than Merrill did.

Look, I just made a very large bet on Obama laying -1.25/$, but no one can convince me that back in February when Obama was playing Chauncey Gardner and partying with Rick Warren and Pat Robertson, Hillary Clinton PROPOSED a deal which treated the red-lined homeowner and the beneficial lender fairly in the work-out.

Slappz is a racist jackass. The problem is that merely in writing with the degree of care, honesty and specifity I have, I am probably regarded if not as a racist jackass, at least as "a 'Wall Street' speculator (I AM ONE!) whose own personal greed and membership in an -- um --'international' banking conspiracy is just as bad."

It's worth it if I can join Torrance in coming up with some ideas TO USE MARKETS AND A CORPORATIST STRUCTURE TO REDUCE RED-LINED BORROWERS' VOLATILITY GOING FORWARD.

One idea off the bat would be a pooling of assets into an LLC or LLP to allow previously red-lined potential borrowers a better cost-of-capital as a "real estate investment business" and a legal evasion of the strict (and racist) Bush bankruptcy laws at the same time.

Or you can think of me as just a rich indifferent "elitist" Clintonista.

I'm cherry either way. LOL.

4GOTTEN1 said...

I just love your blog period you just sort of seem like a big brother warning us and keeping us updated on important issues. You try and get us to check out things from a different perspective. I love the fact that you are un apologetic and smart as hell. For me your blog is like going home to mama's house... I just always feel welcomed.

Keith said...

Congrats on your 500th Posts.
I dig your unique style of writing..You've got that stream on consciousness jazzy type of thing goin on..Me likes.

Linda said...

The thing I like and dislike are both the same.... I sometimes need to read a post twice to understand what you're trying to say.. *lol* ;)

Must be a language thing....
Congrats on the 500th post!

Greetings from the netherlands!

Urban Thought said...

I'd prefer deep over shallow any day.

Keep doing what you do and educate the masses. Some people's minds aren't ready for what you are doing here.

But when they are ready the information will be here to digest.

Torrance Stephens - All-Mi-T said...

macdaddy
LMBAO

sista gp
ZERO

LOL

NoRegrets
Q: Why that photo in the post? He hate me is really the epitome of love and envy - was directed to thoes that dont like to think or be challenged mentallly

i have preferences but i dont discriminate LOL conel

clnmike
thanks jones, how is my favorite bachlor (next to me of course lol)

bookfraud
thanks man and u know i know u write about it - u a good one, the raw dawg 500 - me likes

Soulstress
thanks and i think i can do that

Ms TooFly
thanks my sister across the ocean


Blogger Missy
glad to make u think and laugh at same time, like patting yo head and rubbing yo stomach LOL

Lovebabz
u are not ignorant, i just read different shit and that is so sweet of u to say

G. A. Palmer
Thanks folk

A Go Bytch
lol my fault, it is going well - slow but picking up

MsMarvalus said...
thanks sister

IntrospectiveGoddess
thank u hon

Questions: Is there anything that you wish you could do that you cant do or never got around to doing? taking over the world

Have you ever been married? Would you want to be married? yep to both

Do you want more children? yep

Do you actually like the act of sex or just the intimacy that comes with it? both, cant be seperated, spiritual mexchange

Have you ever had a woman refuse to have sex with you after she saw you naked? yes, but she would offer her mouth willingly

What would you do if neither one of your children later told you that they dont want to inherit your dog store? show them how to sell it

IntrospectiveGoddess
thank u sister

Have you ever been in love with a woman who is not the mother of one of your children yes

Whats the oldest age of a woman that you have dated and/or slept with 52

memphiz
thank u baby that means a lot

KELSO'S NUTS
Rod smart was the man. Im sorry which one, i got a zillion LOL

You know slappz just want to push buttons and play in our heads - he means no harm.
and we bail out the criminals who make others victims damn

4GOTTEN1
thanks man now being compared to mom is a super duper compliment

Keith
Thanks man, u know i love to her from my fellow brother bloggers, seems the sister got us outnumbered 8 to 1

September 17, 2008 1:31 AM
Delete
Blogger Linda
thanks siter, how is the family?

Urban Thought
thank u very much and i will tyry

NoRegrets said...

Huh, because when I read about the guy that used that shirt, their analysis was that it was a call for help/attention, as he committed suicide. So, I was a bit worried, unless it's your subconscious talking.

As for the other, if we ever meet in person, we'll see if you salute. ;-) Col. NoR

Bombchell said...

congrats!!!!

u say we could ask you any question right? so my question

who's your favorite x-men character?

and if u dont know xmen (boo...) but who's the greatest superhero & why?

Twanna A. Hines | FUNKYBROWNCHICK.com said...

Fashionably late to the party, as usual. :)

HAPPY 500TH!!! Here's wishing you (at least) 500 more! :)

Torrance Stephens - All-Mi-T said...

NoRegrets
i will always stand folk

Bombchell
yes maam, and u know u my folk jones
Id prefer to be a villian, Dr. Victor Von Doom, but to ans query, Nate Grey, the original X-Man. Why, Nate Grey possessed vast psionic abilities. He was a high-level telepath, able to project his astral form across the world, create sophisticated illusions, pull other psionic entities onto the astral plane, and read, probe, and control the minds of others. He was also an extremely powerful telekinetic who could phase through solid matter, create destructive psionic spikes, and lift objects weighing up to 10 tons.


Twanna A. Hines | FUNKYBROWNCHICK.com
better late than never, but u fashinable as usual

Bombchell said...

never followed xman, just the main series.

Im a Rogue & gambit fan all the way. so i was insanely pissed that gambit wasnt in the movie. but im ok now lol he'll be in the next movie.

Torrance Stephens - All-Mi-T said...

Bombchell
u ditch my application, and when u comin by the shop jones

Tera said...

#500?! Damn! This calls for a celebration, but then again, I'm sure you toasted Tequila and hotsauce for all :)

Torrance Stephens - All-Mi-T said...

teara
celebrating as we speak, u got regrets scared huh lol

Tamra said...

Congrats on the 500!!!

Big Cheekz said...

fave posts are thought amnesty. gimme 10 was a good one...

i like the fact you're an educated black man who takes care of his kids. that has a lot to do with why i'm a fan...

question: i'm struggling with history. i hate it. do you have any study tips for a person studying a subject they do not like?

NoRegrets said...

Not scared. Just don't want an Indonesian death match right now. I just did my nails.

eric said...

bumped into your blog via comment on jjp. writing here to say I dig this post, but, also, and more importantly, the revival of the short-term classic (I know...oxymoron), He Hate Me.
Big up!
h&f
http://hustleandfloe.com

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