The Housing Bubble

I watched Thomas Sowell on the “dreaded” Fox Business channel last night.
He indicated that Ron Paul is the ONLY candidate who will stop the Federal
Reserve lunacy and return to the gold standard. Also he agreed with RP
that countries that can provide for their own defense should do so, and not
be welfare recipients of the US.

Realtors Are Liars®

Go RuPaul.

“that countries that can provide for their own defense should do so, and not be welfare recipients of the US.”

Seems kinda vague, let’s see who able to put their mouth where there money is.

[It's required that instead of "blah, blah, blah,..." you just contribute a name attached to your moniker of anonymity]

Let’s start a list, and prioritize by greatest U$ Dollar Military Aid after the list is completed:

Here’s a start [submitted by Hwy]:

Pakistan
Israel

Criticisms:

Critics cite that U.S. aid and training have contributed to human rights violations, supported corrupt and cruel governments,

and protected the economic interests of multinational corporations.

It is often believed that aid is given for political purposes, that it does not benefit the people in the target country, and it may even result in greater oppression and suffering. If military aid were cut off to Israel, the tax money could be spent in the United States to provide 364,000 low-income households with affordable housing vouchers, or to retrain 498,000 workers for green jobs, or to provide access to primary health care services for 24 million uninsured Americans.
Currently,

Congress wants to cut defense spending by lowering the amount of aid given to foreign militaries. Money saved from proposed cutbacks could benefit the U.S. military, which is closing military bases, freezing pay raises for service members, and cutting the defense budget by $78 billion for 2011

Particular targets of criticism include:

Funds appropriated to the State Department and Defense Department represent the vast majority of unclassified military aid and assistance.

The public does not have any way of tracking classified programs administered by the U.S. intelligence community.

The United States gives the same amount of money to its top five aid recipients as they give to the rest of the world.

Corruption is a major problem. Funds often go directly to leaders who may not share the aid with citizens.

Military aid went to Latin American dictatorships in the second half of the 20th century.
The U.S. provides assistance to the Colombian army which has documented ties with paramilitary groups on the U.S. terrorist list.
Foreign aid often aids the giver, not the recipient.
Tunisia has received military aid for several helicopters despite blatant human rights violations, abuse of power and the existence of a police state

Again, if any of these folks are receiving any form of government assistance, then they aren’t living on $10,000 or $11,000 a year.

The Secret to Living Well on $11,000 a Year
USNews

Our last story on frugal living, “The Secret to Living Well on $20,000 a Year,” stirred up some heated comments, many of which argued that $20,000 a year represents a king’s ransom. “Someone should do an article on how to live on less than $10,000 per year. I am a single mother who is doing just that,” wrote Rici of Wyoming.

An anonymous commenter from Texas wrote, “[I'm] not impressed. I live on $8,796 a year.”

“I am retired and living on less than $1,000 a month [from] Social Security,” wrote Liz Ortiz of Colorado.

Glenn Morrissette, 42, wrote in to say that he lives on just $11,000 a year, and he does it by living full-time in an RV. As a result, he pays no rent, needs no car, and can live wherever he wants. Unlike Joseph Fonseca, the writer we profiled in our “Living Well on $20,000 a Year” article, Morrissette has health insurance. A professional musician, he can work by computer from any location. He might not have a family to support, as the teacher living on $40,000 a year does, but we thought Morrissette’s story was interesting enough to share. We spoke with Morrissette, who is currently in New Jersey, about his lifestyle, which he also describes on his blog, To Simplify. Excerpts:

Why did you decide to live in an RV?

I had an apartment in Burbank and was the typical Los Angeles apartment dweller. I started to feel a strong desire to simplify my life. I had a garage full of stuff I never used, my closets were full, and I started to see that it was costing me money to have an apartment big enough to hold all the stuff I never use.

My initial plan was to scale back and move into a smaller apartment. Before long, I realized I didn’t need too much to be happy. I could fit into a small space. That’s when the RV idea occurred to me. I was just sitting in traffic and an RV pulled up. I said, “I could probably fit in that thing.” The more I looked into it, the more I realized how practical it would be. For what I was paying for rent in LA, I could own my “house” free and clear and not pay rent, and own my car as well.

The two key things that make it possible are not having rent or a mortgage payment. I own my RV, so that was an initial expense [of about $14,000], but I have no house or car payment. Gas is controllable; I don’t drive if I don’t want to. Most months, I spend less than $300 on gas. I estimate that I save about $1,000 a month compared to what I was spending in LA.

What do you eat?

I eat pretty well. I don’t skimp on food. I eat a lot of grass-fed meats, fruits, and vegetables … some people call it the caveman diet. I go to farms, farmers markets, and health food stores. I probably spend about $250 a month on food. I could spend a lot less if I didn’t care about eating well.

Do you have health insurance?

Yes. I’m self-employed so I purchase my own plan. I have a high-deductible plan and pay $80 per month. It would be even cheaper if I was 28. I don’t understand young people who say, “I can’t afford health insurance.” Last year, my appendix ruptured, and the insurance was a life-saver. I learned my lesson.

What about clothes?

I’m a pretty basic jeans and T-shirt kind of guy. I don’t have to go to the office, so I don’t need a wardrobe. I have nine to 10 shirts and a couple pairs of jeans. I do have a suit so I can get dolled up when I have to, but my normal wardrobe is pretty minimal. I do one load of laundry every week, and I don’t see the point of owning more clothes than I can do in one load of laundry.

Do you spend money on entertainment?

I don’t go out much at all. I prefer the food I make to what I get in restaurants. More often than not, I’m disappointed. I’m pretty health-conscious and I want my food to be real food, so I’m content eating what I make. The idea of spending $30 at a restaurant–that seems like four to five days’ worth of food to me. Years ago, I ate out every single meal. I’m kicking myself now, if only I had invested that money instead.

I’m not a big drinker, although I drink somewhat socially. I’m a pretty simple guy. Music is my life. Even if I’m not working, if I have a free day, I will spend a big chunk doing music. It’s a profession and a hobby.

Do you splurge on anything?

The food I eat. I don’t feel like I’m skimping at all. It’s a form of health insurance to me.

And I just try to put myself in interesting places. I’m surprised how easy it is to do that. A lot of stuff is free out there. There’s a lot of beautiful scenery in this country and it doesn’t cost anything just to park. You can just drive into a national forest and live there for two weeks. I always try to give myself great real estate, whether it’s by an ocean, a lake, or in the center of a cool little town. So I always have a great front yard, real estate that people would pay millions of dollars for, and it doesn’t cost me anything.

Is he an American citizen? What can America [The Nation] possibly do for this fella? (Eyes reckon the Libertarian thing to do would be to show charity & compassion and donate a skateboard for him?)

[Iffin' he were a citizen/soldier what would the "evil" VA do? What would Rash Limpbaughs think of using citizen/taxpayers monie$, how would he classify it: $pending or $timulus?]

“Hard to believe, isn’t it?” 47-year-old Wesley Warren Jr. said in the poorly lit apartment. “It’s freakish.”

“It’s not easy to get around,” he said, standing and groaning as he lifted his scrotum off its makeshift pedestal and carefully let it hang almost to the floor. “It makes me stay in most of the time.”

Las Vegas man with 100-pound scrotum seeks money for surgery:
BY PAUL HARASIM
LAS VEGAS REVIEW-JOURNAL
Posted: Oct. 16, 2011

Kim Voss, an associate administrator at the hospital, said that during an eight-week period a team of doctors, including urologists, surgeons, internists and infectious disease specialists, wrote up 20 different documentations of what they found.

In references to Warren’s condition, medical practitioners interchangeably use scrotal elephantiasis, scrotal lymphedema or scrotal edema, a condition characterized by an excess of watery fluid collecting in tissues of the body, to describe his condition. Doctors don’t know if his condition could grow even more pronounced.

Though the infectious disease generally tied to the elephantiasis was not found, Voss said multiple courses of antibiotics and anti-viral medications were given to Warren in hopes that they would take down the massive swelling. When they didn’t, she said doctors told him about a surgery that could be performed through Medicaid.

In hopes of getting the money for a possible corrective procedure that physicians have told him can cost about $1 million, Warren swallowed his pride by outing himself recently on shock jock Howard Stern’s national satellite radio and cable TV freak segment.

At UCLA, where Warren recently paid nearly $600 for an evaluation, he said doctors seemed more confident about saving his penis and testicles. They also told him that it would cost nearly seven figures for the procedure. Even if Nevada’s Medicaid program would allow him to go out-of-state for surgery, Warren said UCLA doctors informed him that they doubted that would work.

“They said Nevada Medicaid doesn’t pay enough so I would be a cash patient,” he said.

Contact reporter Paul Harasim at pharasim@reviewjournal com or 702-387-2908.

2) The number of millionaires increased by about 20 percent.

50% of All Workers Made Less than $26,000 in 2010:

DEREK THOMPSON’S / BY THE ATLANTIC MONTHLY GROUP / Oct 21 2011

Today we get our first look at American wages in 2010 based on payroll taxes reported to the Social Security Administration. David Cay Johnston picks out the most important takeaways, including:

1) Half of all workers made less than $26,364, the median wage in 2010. That means the typical wage is at its lowest level since 1999, after adjusting for inflation.

The industries with wages growing considerably slower than the rest of the country — the ones really pulling down the national average — are construction (huge bubble burst), food service (an unproductive industry that requires little advanced education) and sales and retail (another unproductive industry that requires little advanced education). So one thing that’s keeping wages low is the fact that the most important stimulus of the last decade blew up in our face, and another big thing is that lots of workers without college degrees don’t have the skills to demand higher wages in more productive professions. I’m as astounded as Johnston about these wage numbers, but I’m less optimistic that is the kind of trend we can reverse in an election.

Update: There are some reasonable questions about how many of these workers are part-time. I don’t know the answer to that question. Our official measures of part-time workers are inconsistent, but the Bureau of Labor Statistics’ data on workers by hours-per-week is here. What we know: About 24 million people worked less than 29 hours a week in 2010. About 35 million people worked 34 hours a week or less in 2010

(From the comments section:) Glory be!

Ulysses Not yet home:

“The concept being that the banks and financial industry were in collapse because of the defaulting on the loans that made up so much of their portfolios, so by supporting the individuals who owed the loan balances, the lien holders would be made whole, and stability would in fact “trickle up”. Moreover by the additional dollars, introduced at the “spender” end of the equation (the actual job creators), we also jump start entrepreneurial activity, stabilize real estate valuations, and a host of corollary systemic benefits.

This addresses the true problem of our economy which is that multiple wars, oil price manipulations, and predatory financial activities have combined to divert something on the order of 5 trillion dollars from circulation in the overall economic system. The problem NOW is having been shocked, ALL participants, at ALL levels have withdrawn to hibernation levels of activity, based on the certainty that “this ain’t over…”. Banks realize this and rationally think, “money I loan out now, before the real bottom, I likely to be 2013’s defaulted loan…”. Business at every level makes the same calculation, so they don’t hire employees that they believe they’ll have to shed, for projects they don’t believe the market will make profitable. So the downward cycle continues.

Lynn Wright:
Steve…now how did I guess that you would say ‘by the way, your numbers don’t square with the CBO’…you conservatives must all have the same accountants…the first thing you do is to cherry-pick some numbers from the ten thousand pages of the Tax Code. which is why the upper middle class is paying less and less taxes every year…look at my numbers again….now, which one of the charts do you not believe?…the ‘zero tax’ one or the other half of your ‘conservative talking points’?…the upper class is paying less in federal income tax every year since the days of reagan, ‘I’m not a president but I play one on TV’….between reagan and BOOSH, it is estimated those 2 cost the United States of America something north of EIGHTEEN TRILLION DOLLARS!!!…and they both weren’t educated enough to understand what the Federal Reserve was doing to us…’per capita spending by corporations’…LMFAO!!!…what the hell does that even mean?…more ‘voodoo’ economics?…how does a publicly held corporation spend that money on every person?…or family?…or in taxes paid to the treasury?…where does that money physically go, skippy?…and how does it get there?…my numbers are FROM the CBO…the rich are getting more wealthy from their investments, their CEO bonuses, stock options, insider trading, and outright theft and lies!! (’gramm-leach-bliley’ created the largest system of deceit EVER!!)…and their little frat boy friends in congress are making sure the laws, as expressed in the Tax Code, move the burden of gov’t more and more towards the middle class and away from the wealth…pick all the cherries you want but the fact remains…corporations are hoarding trillions in cash and the wealthy are, also…they’re waiting for the collapse of the middle class….and they can wait forever because they have all the marbles…N.M.Rothschild said ‘give me the power to print a nation’s currency and I care not for it’s laws’…and ‘give me control of a nation’s debt and I will own that nation in a hundred years’…that was 1913.

between reagan and BOOSH, it is estimated those 2 cost the United States of America something north of EIGHTEEN TRILLION DOLLARS!!!…

Some of these monies that supposedly belonged to the “United States” stayed in my humble pocket. At the time, I thought the money belonged to me and what the “United States” took from me to enrich others and drop bombs was outright theft.

When I join the 50%ers maybe my tune will change. But I don’t think so.

disillusioned today. Thinking that complying with Fannie upon our post-foreclosure exit would get us cash for keys we were presented with a bit of a shocker. Leave the fridge or no $1800 CFK.

We were working with agents from Fannie Mae; who now own my wife’s property. They were originally willing to rent it out to me for a year because since I stated I was not the owner they assumed I was a tenant. Rental option not good to ex-owner occupants like my wife.

I felt excited about their cash for keys offer to my wife. Now they tell us we need to leave the fridge to get the CFC. We paid $1800 for the refrigerator, and need it in my other house, because my tenant has her own, so we will need it at some point.

How is CFKs gonna help us if we have to leave things like the fridge?? So we shall await the eviction rather than comply with agents for Fannie. I understand leaving the built-ins, the dishwasher, oven, water heater, etc, to qualify for CFK.

But the washer, dryer, and fridge and also the window coverings did not come with the home (for the record they are just asking for the fridge) and we just dont want to part with our fridge that was $1800 new to get $1800 from Fannie. What if we lived out of an ice chest for the last 5 years? Would we have to leave that?

New housing plan expected soon: Congress aide

By Thomas Ferraro and Rachelle Younglai

WASHINGTON | Thu Oct 20, 2011 7:45pm EDT

WASHINGTON (Reuters) - The Obama administration and the regulator for Fannie Mae and Freddie Mac are expected to unveil new steps to help distressed homeowners in the next week or two, a senior congressional aide said on Thursday.

The aide commented on the plan after Democratic Senator Dianne Feinstein said the Federal Reserve planned to send Congress “legislative recommendations” on housing.

The aide said Feinstein “misspoke for a second” and meant the administration and the Federal Housing Finance Agency.

After Senate Democrats met with Fed Chairman Ben Bernanke, Feinstein told reporters the central bank chief had stressed that more needed to be done to help the housing sector.

“They are going to submit a list of recommendations next week,” Feinstein told reporters. She said the pending proposals are “legislative recommendations we can look at.”

http://www.reuters.com/article/2011/10/20/us-usa-congress-bernanke-idUSTRE79J7QN20111020 - -

The ironies will write themselves…

—————————-

Steve Jobs Slammed Obama, ‘You’re Headed For A One-Term Presidency’
http://www.investorguide.com| October 20 2011

Jobs’ Meeting With Obama

Jobs, who was known for his prickly, stubborn personality, almost missed meeting President Obama in the fall of 2010 because he insisted that the president personally ask him for a meeting. Though his wife told him that Obama “was really psyched to meet with you,” Jobs insisted on the personal invitation, and the standoff lasted for five days. When he finally relented and they met at the Westin San Francisco Airport, Jobs was characteristically blunt. He seemed to have transformed from a liberal into a conservative.

“You’re headed for a one-term presidency,” he told Obama at the start of their meeting, insisting that the administration needed to be more business-friendly. As an example, Jobs described the ease with which companies can build factories in China compared to the United States, where “regulations and unnecessary costs” make it difficult for them.

Jobs also criticized America’s education system, saying it was “crippled by union work rules,” noted Isaacson. “Until the teachers’ unions were broken, there was almost no hope for education reform.” Jobs proposed allowing principals to hire and fire teachers based on merit, that schools stay open until 6 p.m. and that they be open 11 months a year.

Sounds like a good line for another song.

Bipartisan Senate bill would allow foreigners who spend at least $500,000 on a residential property to obtain visas allowing them to live in the United States

http://www.latimes.com/business/la-fi-visas-home-buyers-20111021,0,6715779.story

American consumers and the federal government haven’t been able to bail out the sinking U.S. real estate market. Now wealthy Chinese, Canadians and other foreign buyers could get their chance.

Two U.S. senators have introduced a bill that would allow foreigners who spend at least $500,000 on residential property to obtain visas allowing them to live in the United States.

The plan could be a boon to California, which has become a popular real estate market for foreigners, particularly those from China.

Nationwide, residential sales to foreigners and recent immigrants totaled $82 billion in the 12-month period ended March 31, up from $66 billion the previous year, according to the National Assn. of Realtors. California accounted for 12% of those sales, second only to Florida.

“Overall, Los Angeles is the perfect place for investors,” said YanYan Zhang, an agent with Rodeo Realty in Beverly Hills, who travels to China several times a year to meet potential clients.

Did you know the DC branch of #OWS demostrated against Harrison Ford? No, really. Ford was attending a $1000/plate charity event with the CEO of Wallmart. The fact that it was the Wallmart guy, a “1-percent-er (like Ford is NOT a 1% guy?), and it was $1000/plate seems to have riled them. Even the reporter on site said the protesters failed to acknowledge that it was a charity event for an environmental cause!

Mega-Retail$ / Mega-MedicalIndustrialInc.’$ / Mega-InsuranceInc.’$ / Mega-MilitaryIndustrialInc.’$ / Mega-OilIndustrialInc.’$

“Bidne$$ is Bidne$$!”

Don’t $top!,…Don’t $top!,…Don’t $top!,…Don’t $top!,…

Mega-peonCu$tomer$ervice:

Several former Prime doctors and back-office medical coders said in interviews or court testimony that the company’s owner, Dr. Prem. Reddy, urged staff to log common medical conditions as more serious ailments – opening the door to higher Medicare payments to one of the state’s largest chain of hospitals.

Ho$pital chain accused of ‘blatantly wrong’ billing practice$:
Published: Oct. 21, 2011 Published: Oct. 21, 2011
By CHRISTINA JEWETT and STEPHEN K. DOIG / CALIFORNIA WATCH

California Watch examined Medicare patient billing data submitted by the state’s hospitals for 2010, focusing on the three medical conditions that Reddy highlighted during the San Diego meeting. The analysis found:

•Prime recorded malignant hypertension cases – a rapid onset of high blood pressure that can cause the eyes to bleed – at 11 times the statewide average. Hospitals can earn about $3,000 more when reporting the condition.

•Prime owns six of the seven hospitals in California that reported the highest rates of encephalopathy, a brain injury characterized by swelling, an inability to concentrate and drowsiness. A hospital could earn $7,000 more for treating the condition as a complication of pneumonia.

•Even though Prime treated 3.6 percent of the state’s Medicare patients, it reported handling 77 percent of the cases of autonomic nerve disorder among that same patient population. Treating the disorder – a potentially deadly condition related to Parkinson’s disease, diabetes and alcoholism – can earn $5,000 more for a hospital if coded the right way.

It’s unclear from the state data how much money Prime hospitals specifically may have earned billing for each ailment.

Prime’s business strategy has proved effective for the chain. The Ontario-based company has specialized in turning around struggling hospitals and earned $97 million in profit in 2010, according to state records.

Criticism of Prime’s business strategy emerged publicly during a 2005 trial.

Reddy had sued two former nurse managers over labor issues. The nurses countersued, arguing that Reddy fired them because they had questioned his business practices.

During the trial, Reddy testified that it is legitimate to change a billing code if the medical record indicates a doctor failed to describe a serious condition and, with prompting, documents the condition. Such direction is “one way to come out of the red and be able to keep things going,” Reddy testified.

In April 2007, Prime’s former corporate medical coding director Phelps sent a resignation letter to colleagues, urging them to continue to do the “right thing” when administrators ask them to change coding.

“I have worked with you all long enough to know that you will not be swayed into adding or re-sequencing diagnoses simply because it increases reimbursement,” Phelps wrote in his five-paragraph letter obtained by California Watch.

Phelps said top administrators at Prime went over medical charts to recommend changes that would heighten profits.

He said some doctors refused to add diagnoses. But chain executives pressured doctors to log the conditions, according to Phelps. The billing changes “misconstrued what was going on with the patient,” Phelps said.

Doty and medical coder Danika Fedeli said Reddy’s tone was stern.

The chain owner described medical conditions that he encouraged doctors to document, according to the two coders. Reddy assured physicians that his advice was legal and could shore up hospital finances.

Doty said she resigned after working about three months for Prime, troubled by pressure from a Prime executive to justify her coding. Fedeli, who had been a coder for four years, lost her job when Prime cut her position.

Joseph Ingrande, Doty and Fedeli’s supervisor, said the meeting spurred him to leave. He sent a resignation letter a few days afterward to hospital executives: “To stay and be part of these practices would give the appearance I approve and validate these procedures,” he wrote. “I cannot with good (conscience) be part of these activities which could potentially put me in legal jeopardy with (Medicare).”

Doty and Fedeli both said they’ve been to hospital-run sessions where doctors are urged to describe ailments clearly and completely. But both were dismayed when they say Reddy encouraged doctors to describe entirely different medical conditions in the place of others.

Both coders said Reddy talked specifically about how to handle patients who had fainted. He told the group that these patients could just as well be described as having a rare condition called autonomic nerve disorder, according to Doty and Fedeli.

“He made the comment that autonomic nerve disorder is such a vague, general description … that no one could ever question (it),” Doty recalled. “I was thinking, ‘This is crazy, how can I get out of here?’”

Medicare data shows that Prime reported seeing the nerve disorder 90 times as often as the statewide average.

“President Obama annunced a nearly complete withdrawal of American military forces from Iraq by the end of the year during a press conference Friday afternoon…The war has claimed the lives of 6,230 American service members since the invasion in 2003.”

Every death is one too many, but adding them up it is one ninth the level of Vietnam. Which was one seventh the level of WWII. Which was a third lower than the Civil War.

I guess that’s a good trend.

Gadaffi the tyrant revealed on video. God bless Amerika!

http://www.youtube.com/watch?v=IwmZNfK01Is

Bank of America Trying To Stick Taxpayers With A $74 Trillion Bill By Moving Derivatives Into FDIC-Insured Accounts

Definition of Hope and Change:

Spend Trillions you don’t have…
On “Green” products that only the wealthy can buy…
To “companies” that give MASSIVE kickbacks to obama and the democrat party…
For jobs OUTSIDE America!

————————————

Car Company Gets U.S. Loan, Builds Cars In Finland
abcnews.go.com | 10-20-11 | BRIAN ROSS, RONNIE GREENE

With the approval of the Obama administration, an electric car company that received a $529 million federal government loan guarantee is assembling its first line of cars in Finland, saying it could not find a facility in the United States capable of doing the work.

Vice President Joseph Biden heralded the Energy Department’s $529 million loan to the start-up electric car company called Fisker as a bright new path to thousands of American manufacturing jobs. But two years after the loan was announced, the job of assembling the flashy electric Fisker Karma sports car has been outsourced to Finland.

“We’re not in the business of failing; we’re in the business of winning. So we make the right decision for the business,” Fisker said. “That’s why we went to Finland.”

The loan to Fisker is part of a $1 billion bet the Energy Department has made in two politically connected California-based electric carmakers producing sporty — and pricey — cutting-edge autos. Fisker Automotive, backed by a powerhouse venture capital firm whose partners include former Vice President Al Gore…

“…if you tax them less, they can hire more people!”

Top 1% see income grow 224%
October 21st, 2011, by Mary Ann Milbourn / OC Register

The Occupy Wall Street, Occupy Orange County and related movements claim those in the top 1% in the U.S. have seen their incomes outpace the remaining 99% which has led to the rich having a disproportionate control of the nation’s wealth.

The Economic Policy Institute analyzed U.S. income data from 1979 to 2007 and concluded that those in the top 1% saw their inflation-adjusted income grow 224% during that time period while incomes for those in the bottom 90% were up just 5%. (Note this is inflation adjusted.)

For the 0.1% at the very top of the income ladder, the income increase was 390% over that same 28 years, the EPI found.

He cited a study by U.C.-Santa Cruz professor G. William Domhoff, updated in July, that concluded the top 1% controlled 42.7% of the national financial wealth in 2007.

Cox noted the wealth disparity has been around a long time.

“In 1922, 1 Percenters controlled 36.7 percent of the nation’s wealth, and that number jumped to 44.2 percent by the time the stock market crashed in 1929. The total hit a low of 19.9 percent in 1976 but has been on a steady uptrend since. In fact, there is a pretty direct correlation between the fortunes of the stock market and the amount of wealth the 1 Percenters control,” he wrote.

Hello Deadbeat
Hello Squatter
Well at least you, pay for water
That`s a nice car
Where`d you get it?
With the house payment you sixty times forgetted
How you do it?
What`s the deal?
You don`t pay them
And you squeal
That they shouldn`t
Have been givers
Of loans to a man who pizza he delivers