STREET BONERS and TV CARNAGE » POLITICS

GREECE IS BURNING WITH OPTIMISM’S FLAMES

Trace — Thu, 11 Dec 2008 19:17:30 +0000

Greek anarchists must be stoked falling oil prices have made molotov cocktails affordable again as they burn the country to the ground.

Greek anarchists must be stoked falling oil prices have made Molotov cocktails affordable again as they burn the country to the ground. While much of the reporting places young anarchists at the center of the trouble there’s also significant support from working people over the country’s financial straits. The whole lot of them love to protest. For the record, real anarchy is not about nihilism or the absence of rules, but rather an anti-authoritarianism based on mutual aid. A bit of a hippie pipe bomb dream to be sure but with cheap gas available, the Greek kids are having their say. Unfortunately, all this pot-stirring will have little coherent message in the end as issues blur into spats of hair pulling, baton smashing and smoldering shops. Democracy was born in Greece and it could very well die there as well.

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DEAR STREET CARNAGE: POLITICS OF ECONOMICS

SBTVC — Thu, 16 Oct 2008 16:12:40 +0000

I guess you’re a comedy site and have no intention of discussing the immanent financial apocalypse we find ourselves in, but you are also one of the few places in hipsterdom that dares to give another take on things.

I guess you’re a comedy site and have no intention of discussing the immanent financial apocalypse we find ourselves in, but you are also one of the few places in hipsterdom that dares to give another take on things.

Why not discuss what nobody else will say about all this, that it comes from the idea that Hispanics must own homes? Some say this is racist and they point out the stats on foreclosures basically reflects the ethnic diversity of our country but those stats are almost ten years old. Everything changed radically since then. Total mortgage lending dollars to Hispanics (new home purchases and refinancing) septupled or more from 1999 to 2006 and quintupled for blacks. The increase for the more prudent Asians was smaller because they didn’t jump on board the subprime express, and for whites least of all. In 2005-2007, half of all subprime dollars went to minorities. Get it?

This whole thing began when politicians (both Democrats and Republicans) decided Hispanics needed homes. First the Clinton administration decided to enforce affirmative action when it came to loaning. Here’s a clip of Cuomo admitting it proudly.

Then Karl Rove decided to take the idea and shoot it through the roof. He figured home-owning Hispanics would be more likely to vote Republican (I have no idea why) so he demanded the minimum down payment banks should require for a mortgage is… nothing. The banks jumped on it. By pretending to care about minorities they could throw way more money out there. Here’s Steve Sailer again mocking WaMu for caring more about helping the poor than pushing profits

Now, you can’t make public policy “All Mexicans Get Houses” so they just said “Poor People Get Houses” and every other race dove in. This is why so many other people, including whites, have been pulled into this affirmative action mess.

To be clear, I am not mad at the Mexicans. If someone offered me a deal I couldn’t afford I’d take it. There have been minority loans before that said they would charge 0% interest to the borrowees. Those people would be dumb not to take it, stick it in the bank, take the 3% the banks gave, and pay it back when necessary – keeping the profits for themselves. Worse than some irresponsible minorites are the banks who leapt on this legislation and built pyramid schemes with it.

However, the biggest assholes, in all this, are the politicians who started it. They meddled in the free market, enforced some kind of communist ideal, and now we’re being taxed to the hilt to justify it. Isn’t that what ended Russia?

The funny thing about this bailout is it assumes this will be the last time. The real estate bubble was just one in a series of huge lies we all fell for. Remember the dot com boom? That was going to make us all rich. Then it was real estate. Then that popped too. Next will be the green movement. There will always be snake oil salesmen to tell us a hard day’s work is not the best way to pay your bills. Don’t fall for it again. Please.

Sincerely,

Another angry Libertarian

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TRACE CRUTCHFIELD EMERGES FROM THE SHADOWS

SBTVC — Mon, 18 Aug 2008 15:53:52 +0000

Dressed like PJ O’Rourke on a month long bender Trace Crutchfield is known for immersing slyly into closed worlds all the while standing out like a sore thumb.

Dressed like PJ O’Rourke on a month long bender Trace Crutchfield is known for immersing slyly into closed worlds all the while standing out like a sore thumb. SBTVC is happy he’s back with two shiny new guides to the 2008 DNC & RNC Conventions called Unconventionally Yours w/Trace Crutchfield.

Premiering respectively August 20th and August 21st on CURRENT TV, each episode is 30 minutes of ham-fisted Texan mischief spotlighting Denver and Minneapolis & St. Paul. While the shows include bits of real political shifty-eyed partisan political talk they also delve into strip clubs w/ meat raffles, kung-fu Islamists, Denver Airport conspiracies, convention protesters, religious free thinkers, gun play, punk rock, gay pride parades, piles of sauced herrings, anarchists in wait, booze, and babes. Remember! You can’t wreck the party if they wont let you in.

PS: and because Trace never stops with the Texas shit, look at him here in 1984. Yes, he is that old.

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