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February 9, 2010

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User profile: CynicalObserver

Joined: Jan. 13, 2008

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Total Comments: 457 (view all)

While my adult son loves the UFC, it is not appropriate viewing for pre-schoolers or elementary school children of either sex, simply because little kids do not have the mental capacity to understand that pounding someone into the pavement is not appropriate playground conduct.

(Suggest removal) 2/6/10 at 11 a.m.

Hoya Saxa

Glories past, great to remember, never to return

(Suggest removal) 2/6/10 at 10:55 a.m.

I wish the Urban League the best of success.

However, as with all non-profit organizations who have administered Federal anti-poverty programs over the last 20 years, it will be important for them to remember that Federal funds cannot be used to pay the non-profit's overhead, including high salaries to employees of the non-profits.

I say the foregoing in as gentle a way as possible, having seen, time and time again, non-profits fail to raise donations to cover their overhead and managerial salaries, and ultimately short the programs' beneficiaries (ex. the kids participating) and then have the Federal money taken away becausae of violations of Federal program regulations, i.e misspending.

(Suggest removal) 2/6/10 at 10:48 a.m.

For those who don't know it, Deutsche Bank also made mortgage loan commitmentss for local residential developers of ridiculously inflated high dollar houses. The commitments provided mortgage financing for buyers of homes in the $750,000+ category. Deutsche Bank immediately packaged the loans and sold them to third parties as mortgage backed securities.

If you look at the foreclosures of new homes in Anthem, Southern Highlands, Summerlin, etc. the name Deutsche Bank shows up time and time again as foreclosing lender. Deutsche Bank is one of the major holders of "shadow inventory" of foreclosed homes not listed on the Las Vegas Multiple Listing Service.

Deutsche Bank sought out local homebuilders, whose names are impolite to mention, offering what amounted to blanket loan commitments on high priced tract homes being sold to "new home buyers". Deutsche Bank never bothered to figure out if the prices of those new homes were actually supported by market comparables. In many cases, Deutsche Bank made these jumbo loans on the basis of 5% OR 10% down.

In looking at the wreckage of home values in Las Vegas, Deutsche Bank is right up there with IndyMac Bank and Countrywide as the culpable, reckless mortgage lenders.

(Suggest removal) 2/6/10 at 10:43 a.m.

President Obama would not have won critical primaries in the industrial East without the support of industrial labor unions. The Democrat candidate would have been Hillary Clinton instead.

President Obama, Rahm Emanuel and David Axelrod are "the retards", not progressive Democrats. Obama, Emanuel and Axelrod simply fail to understand or acknowledge that they have failed to deliver anything on their campaign promises to industrial union members and their families.

President Obama is just another egotistical windbag from Harvard. He will be a one term president.

The blue dog Democrats like Harry Reid will be swept out of Congress along with him.

(Suggest removal) 2/6/10 at 10:24 a.m.

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