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With 1 In 3 Homes Unaffordable, Freddie Mac Prepares To Enter The Trailer Home Loan Market

Tyler Durden's picture




 

Submitted by Mike Krieger of Liberty Blitzkrieg blog,

I can’t say this is surprising. After all, with average peasants, I mean citizens, now priced out of the domestic housing market (Zillow recently showed 1 in 3 homes are unaffordable) due to billionaire financiers and foreign oligarchs buying up all real estate in cash purchases, American serfs now will find out where the “elites” think they belong. In trailer homes, naturally.

Oh, but the story gets better, a lot better. As is generally the case in the USSA these days, crony capitalist oligarchs have perfectly positioned themselves to benefit financially from the final transition of Americans to neo-feudalism. Recall that in my post from last October titled, Carlyle Group’s Latest Investment…Trailer Parks, it was noted that trailer park owners share the following attractive quality:

Our customers have no alternative shot at homeownership, nor do they [normally] even have the credit scores and quality to seek anything better…They never leave the park they are in, and the revenues are unbelievably stable as a result.

Sure, we know from the Dark Ages that peasants on the land stay put. Same concept here. However, it gets even better than this. America’s number one hypocritical, crony capitalist, Warren Buffett is also positioned to benefit.

From Bloomberg:

Want to buy a trailer park? Freddie Mac wants to give you a loan.

 

The unit of the government-owned mortgage giant that funds apartment buildings is set to begin financing manufactured-housing communities, the company said in a statement today.

 

The firm is broadening its reach in the multifamily segment of the housing market as it seeks to fulfill its mandate to provide affordable options for low-income families. The McLean, Virginia-based lender will work with established companies in the industry across the U.S., said David Brickman, the head of multifamily operations at Freddie Mac.

 

“It’s rounding out our ability to touch the affordable housing space,” Brickman said today in a telephone interview. “Manufactured housing is a big piece of rural affordable housing.”

 

Warren Buffett, the billionaire chairman of Berkshire Hathaway Inc., lamented the punitive rates charged to purchase factory-built homes in his 2009 annual letter to shareholders. Berkshire owns Clayton Homes Inc., a builder of manufactured housing.

 

Screen Shot 2014-04-30 at 2.17.55 PM

Serfs up!

Full article here.

 

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Thu, 05/01/2014 - 12:38 | 4716486 PlusTic
PlusTic's picture

Ah, finally reaching the potential the globalists had envisioned...trailer park cities as far as the eye can see, all being monitored 24/7 by catv...aint life gunna be grand in the good ole USSA!

Thu, 05/01/2014 - 12:39 | 4716514 SAT 800
SAT 800's picture

coming soon to Broke Dick Arkansas, your new federal trailer park. Yuuuck. I wonder if you can immigrate to Russia?

Thu, 05/01/2014 - 12:40 | 4716518 Jack's Digestib...
Jack's Digestible Ideas's picture

This will be a big step up for Americans! Instead of being isolated in our cubicle like dwellings, we'll be forced to interact with other people in real communities!

 

/s(?)

Thu, 05/01/2014 - 12:48 | 4716559 NoDebt
NoDebt's picture

Something about spending a weekend helping your richest uncle take the wheels off his new house.

Thu, 05/01/2014 - 13:10 | 4716680 duo
duo's picture

'ceptin if yuh take the wheels off, yuh gotta pay property taxes, tell you whut...

Thu, 05/01/2014 - 13:34 | 4716781 NotApplicable
NotApplicable's picture

Well, unless they plan on building out entirely new parks outside of city limits, the joke's on them. Nearly every park around here has been dozed down for McMansions or the ever popular student housing.

 

Thu, 05/01/2014 - 14:59 | 4717135 Seer
Seer's picture

Yup, that or for public "events centers."  And some might have to give way to light rail such that the masses can be shipped in to city cores to serve their masters...

Thu, 05/01/2014 - 16:00 | 4717434 AGuy
AGuy's picture

"Nearly every park around here has been dozed down for McMansions"

Not to worry, Most of the McMansions are probably vacant or in some state of foreclosure. Those that are in the Green can be evicted using eminent domain.

Thu, 05/01/2014 - 14:23 | 4716994 fallout11
fallout11's picture

As of 2002 (the last year I have data for), 1 in 5 Georgia residents live in "manufactured housing" (aka trailers).

Thu, 05/01/2014 - 22:58 | 4718734 DaveyJones
DaveyJones's picture

5 in 5 Georgia residents live in manufactured economies

Thu, 05/01/2014 - 14:46 | 4717100 Headbanger
Headbanger's picture

Thems why you should always leave one wheel on..

And leave the others lying there like you was fixin to fix em no doubt..

Thu, 05/01/2014 - 13:03 | 4716640 PlusTic
PlusTic's picture

gov't proposes a tax-free day on refigerator boxes...get'em while there's no tariff!

Thu, 05/01/2014 - 22:02 | 4718551 pelican
pelican's picture

You failed to read the bill, it requires a surcharge of $100 a square foot, one also needs permits and yearly inspections of the box.

Thu, 05/01/2014 - 22:20 | 4718625 daveO
daveO's picture

I'm not sure how this is news. Freddie has a HomeSteps program, already. I've bought at their foreclosed property auctions. Some of those double wides originally sold(1999-2000), financed for $120K. Sold at auction for $40-50K, 10 years ago. 

Thu, 05/01/2014 - 12:51 | 4716582 williambanzai7
williambanzai7's picture

f

Thu, 05/01/2014 - 12:54 | 4716602 McMolotov
McMolotov's picture

That mini Dutch windmill on a pallet adds a touch of class.

Thu, 05/01/2014 - 12:57 | 4716619 maskone909
maskone909's picture

nothing says elegance like a 4 story trailor mansion. 

Thu, 05/01/2014 - 13:21 | 4716723 smlbizman
smlbizman's picture

you can tell its a fake pic.....no flimingos...

Thu, 05/01/2014 - 14:29 | 4717020 willwork4food
willwork4food's picture

yes there is-look directly in the center of the pic!

Thu, 05/01/2014 - 14:35 | 4717049 maskone909
maskone909's picture

hahahahahahahaha

Thu, 05/01/2014 - 14:38 | 4717067 Headbanger
Headbanger's picture

Hippy Houses!  Dig it!

Thu, 05/01/2014 - 16:22 | 4717523 Zerozen
Zerozen's picture

Is the tiny one with the orange stripe the outhouse?

Thu, 05/01/2014 - 16:39 | 4717582 zjxn06
zjxn06's picture

Shit rolls down...

Thu, 05/01/2014 - 18:57 | 4718019 Mentaliusanything
Mentaliusanything's picture

Then tha top ones mine, Learnt early on from Cleatus that ya need a balcony to piss on ya lessa tribe members below. Trickle down effect don't work unless ya got height to flick ya ciggy stubs and refined used Moonshine below. Yee ha

Thu, 05/01/2014 - 19:49 | 4718191 Manthong
Manthong's picture

Too down-market for my tastes.. no AirStream.

Thu, 05/01/2014 - 23:51 | 4718833 cynicalskeptic
cynicalskeptic's picture

Some rich guy already bought the penthouse unit - sight unseen.  Lots of oligarch funds looking for a safe haven.  A penthouse unit in the US... gotta be worth something, right?

Thu, 05/01/2014 - 21:02 | 4718391 dirty dolphin
dirty dolphin's picture

Wheel Estate!

Thu, 05/01/2014 - 13:05 | 4716656 MillionDollarBoner_
MillionDollarBoner_'s picture

That's actually an English Post Mill design, as eny fule kno...:O)

Thu, 05/01/2014 - 13:08 | 4716671 fockewulf190
fockewulf190's picture

After trailers become unaffordable, at least Freddie  has this to fall back on.

http://webecoist.momtastic.com/wp-content/uploads/2013/06/Lobster-Pod-Ti...

Thu, 05/01/2014 - 13:36 | 4716791 NotApplicable
NotApplicable's picture

I've got pallets laying around my yard just in case the ASSessor comes around looking for untapped revenue streams. I'm also composting my son's old Vovlo.

Thu, 05/01/2014 - 12:58 | 4716622 NoDebt
NoDebt's picture

I hate split-level houses.  You're always going up and down stairs.  Vacuuming them is a PITA.

Thu, 05/01/2014 - 13:04 | 4716648 dontgoforit
dontgoforit's picture

And when that toilet upstairs backs up...look out!

Thu, 05/01/2014 - 13:05 | 4716654 dontgoforit
dontgoforit's picture

On the upside, it's easy to look down on your neighbors.  Who needs a Fleetwood?

Thu, 05/01/2014 - 14:39 | 4717071 Headbanger
Headbanger's picture

Toilet??

Thu, 05/01/2014 - 13:17 | 4716708 SAT 800
SAT 800's picture

Lord have mercy; that's a sight for sore eyes.

Thu, 05/01/2014 - 13:25 | 4716745 Helvidius
Helvidius's picture

Ah yes, the mini dutch windmill, patio umbrellas and small greenhouse adds a certain je ne sais quoi, amirite?

Thu, 05/01/2014 - 14:42 | 4717084 Headbanger
Headbanger's picture

Yes, so true.. and yet so elegantly intangible at the same time...

Thu, 05/01/2014 - 13:57 | 4716878 Zirpedge
Zirpedge's picture

This is the "Falling Water" of Gypsy architecture. The constructivist influence is well defined by the use of found objects and affordable structural scaffolding and stair elements sourced from construction companies that wen't out of business. 13 Bedrooms / 7 baths set on 1/3 acre with ample storage containers, all enclosing a play area, Koi pond and street lighted patio can be yours for $1.35M

Thu, 05/01/2014 - 23:55 | 4718839 cynicalskeptic
cynicalskeptic's picture

And that's what it WILL cost in the not too distant future  - at the same time a loaf of bread will run $15,000.  And that'll be a GOOD price given the Zimbabwe like inflation awaiting us.  Figure on it topping out at a few hundred trillion.

Fri, 05/02/2014 - 00:07 | 4718859 Skateboarder
Skateboarder's picture

Cue that faggot song "I wanna be a billionaire, so fucking bad..."

Thu, 05/01/2014 - 15:01 | 4717141 Seer
Seer's picture

As someone familiar with rural settings I can assure you that this looks actually attractive compared to a lot of what's out there.  Although, I've seen some pretty nice houses, with a "trailer" rammed right into them: the "nice house" being the "addition," of course.

Thu, 05/01/2014 - 20:09 | 4718247 shovelhead
shovelhead's picture

I actually saw a single wide trailer with the house being built around it. They completely framed in a pretty nice sized 3 story house and then pulled the trailer out from what became a ground level garage. The guy owned a truck tractor repair shop on his acreage and built the house with cash as he went. He probably only had to make minor changes to the utilities and sewer.

Pretty smart ol country boy not to give money to banksters for 30 years and pay 3 times for the same house.

Thu, 05/01/2014 - 21:09 | 4718411 Miffed Microbio...
Miffed Microbiologist's picture

I found out recently the going rate for a trailer here is a staggering $1200/ month. Many people are going into parking them illegally on their property and renting. They move them in at midnight and cover them with camo. I know several people doing this and they are trying to entice me to as well. With ten acres I could have quite a haul. Something about having my own Pottersville in my backyard makes me reject the idea.

Mr and I started in a trailer at $150/ month. I kind of miss the simple life we had back then but our neighbors were students and retired people. Something tells me the type of people there would be different today.

Miffed;-)

Thu, 05/01/2014 - 23:57 | 4718846 cynicalskeptic
cynicalskeptic's picture

Easy to afford if you're running a meth lab...... there's a reason for the camouflage.

Thu, 05/01/2014 - 20:36 | 4718322 FredFlintstone
FredFlintstone's picture

If I was a Mormon I would live someplace like this. I would live in the big one at the bottom, which would have the kitchen. Each of my wives would live in one of the upper ones. I would name them Monday, Tuesday, Wednesday, Thursday, Friday and Saturday. I would rest on Sunday.

Thu, 05/01/2014 - 23:56 | 4718845 MontgomeryScott
MontgomeryScott's picture

WB,

It looks like 'grees shootz' are happening, as evidenced by the ladder (unfinished house) shown against the back of the GREEN TRAILER. SEE, the 'ECONOMY' is GROWING!

(cut to Marlin Perkins)

'The jungle is filled with all kinds of wildlife, some of it waiting by your back door. In this episode of 'Wild Kingdom', we go in search of the fabled 'CHOOMSTER', and his mate, the 'CHIMPSTER'. As you can see, the stairway has been erected, and soon, the cameramen will climb it, looking in search for those who 'some' believe guides them from the trees. Stay tuned, as we explore 'THE WILD, KINGDOM!'

(Insert advertisment for Mutual Of Omaha)...

 

 

Fri, 05/02/2014 - 00:40 | 4718908 Ward no. 6
Ward no. 6's picture

anyone seen trailer park boys (sitcom from canada)

guess it is popular out there...

Fri, 05/02/2014 - 02:47 | 4719000 MEAN BUSINESS
MEAN BUSINESS's picture

Ricky kidnaps Alex Lifeson...       Trailer Park Boys ' Closer To The Heart' episode 

The Boys made a cameo appearance on Rush concert stage in Halifax July 2013

Thu, 05/01/2014 - 12:52 | 4716588 JRobby
JRobby's picture

Trailer park cities surrounded by electrified fences and armed guards. Now that's retirement!

Thu, 05/01/2014 - 13:54 | 4716858 booboo
booboo's picture

District 9 and you're the prawn..just in case you are confused.
And yes the oligarch of trailer parks has his smelly Quick Fish hands all over this.

Thu, 05/01/2014 - 20:02 | 4718229 NidStyles
NidStyles's picture

His diseased hands eh? I think that is what you were saying.... 

Thu, 05/01/2014 - 12:55 | 4716607 TheSecondLaw
TheSecondLaw's picture

Hunger Games...literally and figuratively.

Thu, 05/01/2014 - 16:04 | 4717449 Stuck on Zero
Stuck on Zero's picture

A key advantage to living in a mobile home is that you can run up six months arrears on your mortgage and then disappear in the night with the home.  I might add that it is advantageous to own a fifth wheel F350 to make a quick getaway.

 

Thu, 05/01/2014 - 12:36 | 4716487 Flakmeister
Flakmeister's picture

Yawn....

Cheap shots at Buffet while letting the Kochs get off scott-free is all you need to know about the impartiality of most analysis presented here...

Thu, 05/01/2014 - 12:50 | 4716579 earnyermoney
earnyermoney's picture

Buddy of mine in CRE said every one criticised Warren Buffet when he bought Clayton Homes. He said Warren got in the business for the potential in predatory lending. Charges people in excess of 20% interest to finance the sale of a Clayton Home.Sorry dude, but Soros, Buffett and Gates are predatory arseholes who get a rise out of sodomizing the middle class for their personal gain.

ZH is the only place you'll see cheap shots at Buffet while the Koch brothers are pilloried on every damn media outlet in the country 24x7.

Thu, 05/01/2014 - 13:12 | 4716688 Flakmeister
Flakmeister's picture

Out of curiosity, how much money is Clayton Homes going to make? How does that stack up?

BTW, could you point to a negative reference to the Kochs on any of the Fox media outlets...

Go ahead back up your assertions...

Thu, 05/01/2014 - 13:19 | 4716713 JailBank
JailBank's picture

Flak when did you become such a whinny bitch? Did you get your testosterone mixed up with your wife's estrogen?

Thu, 05/01/2014 - 13:31 | 4716772 Flakmeister
Flakmeister's picture

Have you ever considered trying to fuck yourself?

Today could be your lucky day....

Thu, 05/01/2014 - 14:32 | 4717031 willwork4food
willwork4food's picture

+10. You guys just made my day! lol.

Fri, 05/02/2014 - 00:02 | 4718851 MontgomeryScott
MontgomeryScott's picture

I thought it was 'The Fight Club', here.

I NEVER imagined watching a BICTH-FIGHT live at ZH!

D and R trollistas, giving their all, and rolling in the mud... for the entertainment of all male spectators...

 

 

 

Fri, 05/02/2014 - 00:45 | 4718912 Flakmeister
Flakmeister's picture

If you think this is about D & R, you are clueless twat....

BTW. learn to clean up you white space, shit for brains....

Fri, 05/02/2014 - 01:35 | 4718968 MisterMousePotato
MisterMousePotato's picture

Just astonishes me to see others responding to Flak. I am for sure not the smartest guy here, but even I recognize the futility of doing so. I'll bet that another scroll or two further, and this will turn into a thread about global warming.

Fri, 05/02/2014 - 08:36 | 4719414 Flakmeister
Flakmeister's picture

Pretty lame shit that I have deal with, eh?

And since you brought it up, I gotta laugh at the latest from Roy Spencer posted at WUWT. Maybe you should set him straight when he says GW skeptics making the following arguments are just WRONG:

  1. There is no greenhouse effect.  WRONG.
  2. The greenhouse effect violates the 2nd law of thermodynamics. WRONG.
  3. CO2 can’t cause warming because CO2 emits IR as fast as it absorbs. WRONG.
  4. CO2 cools, not warms, the atmosphere. WRONG.
  5. Adding CO2 to the atmosphere has no effect because the CO2 absorption bands are already 100% opaque. WRONG.
  6. Lower atmospheric warmth is due to the lapse rate/adiabatic compression. WRONG.
  7. Warming causes CO2 to rise, not the other way around. WRONG.
  8. The IPCC models are for a flat earth. WRONG.
  9. There is no such thing as a global average temperature. WRONG. 
  10. The earth isn’t a black body. WRONG

Archived here:

http://archive.today/HtGtp

Sat, 05/03/2014 - 05:07 | 4723195 MisterMousePotato
MisterMousePotato's picture

See what I mean?

Flak, you're the only one here who can make me look good.

Thu, 05/01/2014 - 17:19 | 4717733 Seer
Seer's picture

The best way to silence the critics is to put up an actual argument or provide data that refutes?

Just saying...

Thu, 05/01/2014 - 20:59 | 4718382 knukles
knukles's picture

Prolly best to pull yer pud out and wiggle it all about...
They'll be speechless.
Believe me, it works.

Thu, 05/01/2014 - 21:48 | 4718498 willwork4food
willwork4food's picture

Yea, it's all fun&games until Homeland Security shows up.

Thu, 05/01/2014 - 22:03 | 4718533 Vendetta
Vendetta's picture

That has never worked unfortunately.  People believe what they want to believe.

"By the skillful and sustained use of propaganda, one can make a people see even heaven as hell or an extremely wretched life as paradise." -Adolf Hitler

Thu, 05/01/2014 - 13:25 | 4716747 maskone909
maskone909's picture

could you point to a negative commentary on the Rothschilds on any of the Fox media outlets? 

Thu, 05/01/2014 - 13:30 | 4716766 Flakmeister
Flakmeister's picture

Stupid is as stupid does....

\facepalm

\in_spades....

Thu, 05/01/2014 - 17:21 | 4717749 Seer
Seer's picture

You've clearly made a point.  No one was able to provide any refuation, instead it resorted to name-calling and hauling in something else other than the subject matter to "prove" you're wrong...

I detest the lot of em all.  And I find it hyopricritical of folks (or is it ignorance) to try and defend any of them... (but, if you inject something that is a bit inflamtory, matters not whether it's 100^% correct or not, people WILL react in a hostile manner- again, proven here)

Thu, 05/01/2014 - 19:09 | 4718059 TammanyBrawl
TammanyBrawl's picture

It's just shocking; people reacting in a hostile manner on a board predicated on Fight Club and run by a guy named Tyler Durden. Shocking I say.

Perhaps you'd be better served on a nice Brony site or perhaps Disney. BTW, your condescending erudition is undermined by the fact your grammar is atrocious and you spell worse than an ADHD 2nd grader who just huffed a bag of glue.

Thu, 05/01/2014 - 20:29 | 4718300 Flakmeister
Flakmeister's picture

His point is that if all discourse boils down to go variations of "Go fuck yourself shithead" it doesn't say for much intellectual grasp for the supposed grass roots supporters of Libertarianism does it now? 

Out of curiousity, how long have you been enjoying licking assholes? 

See what I mean?

Thu, 05/01/2014 - 21:01 | 4718385 knukles
knukles's picture

You guys are hilarious tonight!
I needed a good laugh.
Thank you!

Stay angry....
Go for hos nuts
Kick him when he's down
Poke his eye out...  No, his other eye...

Thu, 05/01/2014 - 21:11 | 4718417 nmewn
nmewn's picture

It gets better, he go's all Uncle Immelt further down...forgetting Uncle Immelt closed factories in "the cradle" of libertarian thought (Wisconsin...lol) and reopened the factories in...

Come on...come on...guess ;-)

http://westorlandonews.com/2011/08/02/white-house-jobs-czar-ge-ceo-immelt-moves-jobs-to-china/

A fucking "Jobs Czar"...lol...well, yeah, everyone just overlook the Czar part and it'll be fine.

Thu, 05/01/2014 - 22:07 | 4718571 Vendetta
Vendetta's picture

Czar in china

Thu, 05/01/2014 - 23:46 | 4718816 Flakmeister
Flakmeister's picture

BFD, we all know that....

This is about the Kochs not getting the special love the deserve from ZH, after all, they are the ones turning literally trying to buy the goverment. You know, the real fascists....

And I have never seen anyone call out Sheldon Adelson, after all he only uses profits from his Macau casinos to all but directly bribe presidential candidates via super-PACS, and better yet, he is a real Zionist, not the fake type that get people in an uproar here...

You guys are so fucking twisted you can't see straight....

Fri, 05/02/2014 - 00:18 | 4718879 The_Prisoner
The_Prisoner's picture

As usual, you're wrong.

Francis Sawyer used to call out Adelson all the time. And VD pulled the anti-semite card and got him banned. So it is pretty clear your comment is baiting to get someone to call out those-who-shall-not-be-named, so you can get all your opponents banned. For you cannot sustain an argument to save your life.

And before I move off. Free Francis_Sawyer!

Fri, 05/02/2014 - 01:10 | 4718915 Flakmeister
Flakmeister's picture

Francis was a slick son of a bitch and this place is the better for him being gone...

And for all his bitching about Jews, I never heard him or anyone here call out Adelson...

So crawl back into your hole....

BTW, when that happens we call that "playing a Bundy", it happens when you give people a chance to say what they really feel and think...

Fri, 05/02/2014 - 07:00 | 4719169 nmewn
nmewn's picture

So, Adelson (a private citizen) being "investigated" by the Justice Department in the middle of an election in which he's contributing to a lawful effort to unseat the Justice Departments boss (namely, King Obama) does not raise a curious Flakmeister eyebrow eh?

Waxman using his perch within government to slander the Koch's (again, private citizens) and Reid using his senate website (my-our property) to attack them is not Goebbel-esque?

And then of course, there is the IRS vs the Tea Party.

When you have the all encompassing power of the CENTRAL GOVERNMENT and its "officials" attacking its own citizens, what exactly do you call that Flak?

Is that "democracy", a republic based on the rule of law or a tyranical state?

Fri, 05/02/2014 - 08:21 | 4719343 Flakmeister
Flakmeister's picture

Sounds like you are on their payroll...

Given your style, I don't doubt it for a minute....

Fri, 05/02/2014 - 18:09 | 4722065 nmewn
nmewn's picture

We've pretty much confirmed you are.

Sat, 05/10/2014 - 01:40 | 4745684 MeelionDollerBogus
MeelionDollerBogus's picture

At this point the only possible 'slander' of the Kochs is to say something nice about them.

They're up to no good, just like Blankfein, Zuckerman & Bernanke (Yellen, etc., a list could be its own encyclopedia).

To conclude otherwise is hopelessly naive and yet so typically 'american'

Thu, 05/01/2014 - 20:07 | 4718241 NidStyles
NidStyles's picture

Ok, I'll bite. 

 

The most reasonable answer to that question has something likely to do with most people not even knowing what is on Fox News. None of the media outlets have followings that large. Most people I know do not even follow any format of the news, so they have no idea what's going on. 

 

 

Additionally Fox is only one company why is it being held to such a high standard compared to the other outlets? 0 out of 5 is a lot worse than 0 out of 1. 

Thu, 05/01/2014 - 20:23 | 4718286 Flakmeister
Flakmeister's picture

It has more to do with people being too fucking lazy to google "Fox News Kochs" and see for themselves...

Thu, 05/01/2014 - 20:26 | 4718292 nmewn
nmewn's picture

Google Soros & Media Matters.

Thu, 05/01/2014 - 20:24 | 4718288 nmewn
nmewn's picture

Lets see, CNN, MSNBC, CNBC, NBC, ABC, CBS, NPR, ESPN...(I'm sure I missed a few) and then there's little ole Fox...fucking up the whole mind-monopoly thingy and Flak doing his best Harry Reid impression.

Kill the heretics!...ROTFLMAO!

Thu, 05/01/2014 - 20:30 | 4718305 Flakmeister
Flakmeister's picture

Instead of spouting bullshit, why don't you prove me wrong....

Face it, you ain't up to it...

Thu, 05/01/2014 - 20:35 | 4718318 nmewn
nmewn's picture

What bullshit...you sayin CNN, MSNBC, CNBC, NBC, ABC, CBS, NPR, ESPN etc. have ZERO bias and Fox does?

Thu, 05/01/2014 - 23:33 | 4718798 Flakmeister
Flakmeister's picture

Did you use one bale or two to create that strawman...

All you had to do was show one piece from Fox News that was clearly unfavorable to the Kochs...

And you couldn't even do that...

Fri, 05/02/2014 - 00:14 | 4718868 MontgomeryScott
MontgomeryScott's picture

Hey, you Fuckmunster:

It's called 'CONTROLLED OPPOSITION', you ignorant twat.

I suppose you decry the statement that the so-called 'opposing sides' are a part of a LARGER planned takeover of the minds of the people, also known as THE FALSE DICHOTOMY.

It's WWF, but for REAL, here in the REAL world of those who are AWAKE and AWARE.

YOU, however, are a simpleton, and an OWNED one.

STFU, and GTFOOH, you twittery twat, until you accept the REALITY of what you are spewing from your mind-fucked keyboard.

 

Sorry. Sometimes, I get SO INCENSED by twits who proclaim to 'know shit' (which is actually what they KNOW); and try to lead conversations down a deluded conundrum of arguments that make NO SENSE WHATSOEVER to those who actually wish to LEARN something.

Fri, 05/02/2014 - 01:10 | 4718919 Flakmeister
Flakmeister's picture

You are a fine example of the paucity of intellectual integrity here....

When those people calling out Buffet start calling out the Kochs and their ilk with a similar fervour I will start to belive that they have really thought about things....

Until then, they are partisan fools living in denial....

So take your bullshit and shove it back up your ass...

Thu, 05/01/2014 - 13:29 | 4716762 earnyermoney
earnyermoney's picture

I have no clue how much money Clayton Homes is making. Just stating what a buddy of mine said about Buffett. The dude works for Wells Fargo CRE division.

I asserted that the Koch brothers are assailed on every media outlet other than Faux news 24x7 and that Buffett, Soros and Gates are worshipped by those same media outlets.

Soros, Buffett, Gates, and Koch's are on the same predatory team. Differentiating factors are the faux teams they fund and the ruses they use to distract people from their sodomy.

Voting is a waste of time.

Thu, 05/01/2014 - 20:09 | 4718249 NidStyles
NidStyles's picture

I agree, as does participating in the "Product Battle" between the corporations. 

Thu, 05/01/2014 - 22:10 | 4718584 Vendetta
Vendetta's picture

Voting is a whack-a-mole contest.  Behind closed doors, all the moles are identical.

Thu, 05/01/2014 - 14:44 | 4717097 Billy Sol Estes
Billy Sol Estes's picture

Go Team Blue!

Take that you Kochwhore! (it is funny because Koch rhymes with male genital yohohohoho)

Thu, 05/01/2014 - 20:16 | 4718269 Matt
Matt's picture

I thought Koch is pronounced like Coke, so a Kochwhore is a play off women who prostitute to get money to buy cocaine.

And here's a Coke themed song about the Kochs:

https://www.youtube.com/watch?v=MbykzqJ6ens

Thu, 05/01/2014 - 12:55 | 4716594 A Nanny Moose
A Nanny Moose's picture

Rather than whine about it, add some value by providing link or content relevant to the topic at hand...If you are able Flak.

Based on your other comments, I won't hold my breath.

Thu, 05/01/2014 - 13:03 | 4716642 RSloane
RSloane's picture

So who loves Buffet more - Flaky or Becky Quick?

Thu, 05/01/2014 - 13:16 | 4716702 Flakmeister
Flakmeister's picture

It more a matter of disliking the Kochs more...

Do you think the Kochs will leave the bulk of their wealth to a charity when they kick the bucket?

How active is Warren in politics?

Hell Koch money is being thrown at local School Board elections...

http://www.kenoshanews.com/news/americans_for_prosperity_throws_its_weig...

Thu, 05/01/2014 - 13:21 | 4716719 JailBank
JailBank's picture

How active is Warren in politics? Heard of the Keystone Pipeline? At least the Kochs are pretending to be something they aren't like Uncle Warren.

Thu, 05/01/2014 - 13:36 | 4716784 Flakmeister
Flakmeister's picture

Umm... when you can  point to such an obvious paper trail as what is outlined here for Warren

http://en.wikipedia.org/wiki/Political_activities_of_the_Koch_brothers

Then we can talk...

As for Keystone: (from a post of mine yesterday)

Actually it helps to know the rules and guidelines before concluding anything...

What Keystone enables is that refiners on the Gulf Coasts can replace some fraction of the sour heavy imports from Vza. and re-export the distillate in a sweet heart tax deal deal...

They can arbitrage the crack spread as dilbit/WCS from Canada which trades at a ~$30 discount to WTI whiile having similar refining assays, i.e. distillate yields. Those distillates are destined for export with the profits being tax free (NAFTA and US Free trade zones). For example. read the Valero 10-Q from a few years back...

Long term job creation is next to nil...

It very well may raise gasoline prices in the mid-west...

It will not lower the price of gas or diesel....

A few fatcats get even richer and if anything goes wrong, say a big spill in the Ogallala, the loss is socialized...

Its is basically a multi-billion dollar Fossil fuel industry subsidy through the tax code and it is bullshit....

Comparing Warren with the Kochs is hilarious...

Berkeshire might make PV $200 million through rail shipments, the Kochs will pocket billions.... 

I say fuck 'em all... If they want to make more money, figure out how to do it to generate real longterm jobs...

Thu, 05/01/2014 - 13:41 | 4716814 Dingleberry
Dingleberry's picture

Warren bailed out Goldman, and put his cred on the line for them in their darkest hours when they were in serious trouble.

You know.....GOLDMAN.....the epicenter of fraud?

How on earth you can say anything positive after that is beyond me.

Keep worshipping Uncle Warren.

 

Thu, 05/01/2014 - 13:47 | 4716828 Flakmeister
Flakmeister's picture

What positive thing did I say? Please point that out...

I merely argued that the Kochs are far worse...

I might change my tune when I see ZH take obvious shots at the Kochs....

Thu, 05/01/2014 - 20:12 | 4718253 NidStyles
NidStyles's picture

Warren Buffet used to meet with Obama weekly. He was first hand involved with a good amount of Obama's fundraising. 

Thu, 05/01/2014 - 20:31 | 4718308 Flakmeister
Flakmeister's picture

As opposed to simply donating ~$60 million to PACs and whatnot...

\sigh.....

Thu, 05/01/2014 - 20:33 | 4718311 venturen
venturen's picture

Go read your NYT!

Thu, 05/01/2014 - 23:35 | 4718804 Flakmeister
Flakmeister's picture

Pretty lame....

Ranks up there with "Your mother wears army boots"....

 

Thu, 05/01/2014 - 13:37 | 4716794 earnyermoney
earnyermoney's picture

Active enough to get his own personal meetings with the President of the Unites States.LOL

Thu, 05/01/2014 - 13:41 | 4716817 Flakmeister
Flakmeister's picture

Yeah, and so do a number of other corporate leaders....

Jeff Immelt for one...

What exactly is your point?

Thu, 05/01/2014 - 20:12 | 4718256 NidStyles
NidStyles's picture

Buffet ran fundraisers for the guy. 

Thu, 05/01/2014 - 20:51 | 4718360 nmewn
nmewn's picture

Yeah, that Jeff Immelt, there's another paragon of patriotic virtue...lol. How many jobs did he offshore again?

And didn't O'Barry bring him in to his administration in some capacity, like, ya know Bill Daley, of THE Daley's of Chicago crony fame?

Its like a who's who of fascist-socialism but I guess we'll excuse Van Jones as irrational exhuberance ;-)

Thu, 05/01/2014 - 23:47 | 4718809 Flakmeister
Flakmeister's picture

Do you have anything of relevance to say or is just endless word twisting, strawmen and bullshit?

Fri, 05/02/2014 - 01:00 | 4718927 Miffed Microbio...
Miffed Microbiologist's picture

For a second I thought you posted to yourself.

Miffed;-)

Fri, 05/02/2014 - 08:38 | 4718947 Flakmeister
Flakmeister's picture

Don't you have some crystal induced Woo or Electric Universe nonsense to occupy you?

Fri, 05/02/2014 - 12:36 | 4720672 Miffed Microbio...
Miffed Microbiologist's picture

Funny, I must be caught in a bizarre circular time vortex. I just saw the same event. Must be observing a ripple in the Matrix.

Miffed;-)

Thu, 05/01/2014 - 12:53 | 4716598 JRobby
JRobby's picture

You could start a blog soliciting support to euthanize the Koch ers. Just a thought.

Thu, 05/01/2014 - 12:59 | 4716625 PlusTic
PlusTic's picture

fukk buffet and the cock brothers, they are all part of the same problem...manipulating gov't for their own gain...

Thu, 05/01/2014 - 13:04 | 4716653 alangreedspank
alangreedspank's picture

I think you misunderstood the purpose of a state to begin with.

Thu, 05/01/2014 - 13:09 | 4716678 Flakmeister
Flakmeister's picture

The state is a construction by which power is projected....

Too bad the corporations usurped the current one for their own ends, but that is not surprising given the concentration of wealth they represent...

Thu, 05/01/2014 - 20:21 | 4718284 Matt
Matt's picture

Looking at history, it actually seems kind of inevitable that some group would accumulate most of the wealth and become oligarchs.

Thu, 05/01/2014 - 13:05 | 4716657 Flakmeister
Flakmeister's picture

At least one person here gets it.....

Thu, 05/01/2014 - 14:01 | 4716897 Spastica Rex
Spastica Rex's picture

Why do you even bother?

That's a serious question.

Ersatz bread was made out of sawdust. Ersatz human interaction is made out of internet forums.

On the other hand, no matter where I go, there I am.

Thu, 05/01/2014 - 14:04 | 4716910 Flakmeister
Flakmeister's picture

A damn good question....

Kudos on the ersatz line...

Thu, 05/01/2014 - 14:46 | 4717103 Billy Sol Estes
Billy Sol Estes's picture

Welcome to the internet, we're glad you've just arrived.

Thu, 05/01/2014 - 15:18 | 4717210 Flakmeister
Flakmeister's picture

I remember the days when you entered www  at your linux command prompt to pull up the 4 hosted sites via an ascii interface...

Thu, 05/01/2014 - 15:21 | 4717231 Spastica Rex
Spastica Rex's picture

I remember gopher.

Thu, 05/01/2014 - 20:16 | 4718272 NidStyles
NidStyles's picture

Nothing like seeing dusty socialists reminisce about the "good old days".

 

I find it amusing that the closer you get to your ideal statist society, the more you wish for the past. 

Thu, 05/01/2014 - 20:51 | 4718355 Spastica Rex
Spastica Rex's picture

You are so full of shit.

I'll put my Mikhail Bakunin up against your Ayn Rand any day.

He'd eat her whole, like a little pirogi.

Thu, 05/01/2014 - 21:07 | 4718404 knukles
knukles's picture

Yahoo says he was a philosopher.
Do I win that Siberian holiday?

Thu, 05/01/2014 - 21:17 | 4718433 Spastica Rex
Spastica Rex's picture

Sure.

Before you go, I want to show you my Socialists: The Gathering battle-card deck. I have a 1st gen Bakunin and an ultra-rare "Conquest of Bread" from the original beta.

Fri, 05/09/2014 - 02:16 | 4742563 MeelionDollerBogus
MeelionDollerBogus's picture

drink-through-nose narrowly averted! Which is good because at this hour it's vodka, not coffee.

Fri, 05/02/2014 - 00:17 | 4718878 cynicalskeptic
cynicalskeptic's picture

NO mention about the Carlyle Group?????   WTF!?! - the investment firm of former Presidents, the preferred private firm of oligarchs?

Play ball and they let you join and share the profits. 

Thu, 05/01/2014 - 13:03 | 4716641 alangreedspank
alangreedspank's picture

I'd take a Buffet over a Soros anytime.

Thu, 05/01/2014 - 13:39 | 4716797 JRobby
JRobby's picture

I think we should TAKE THEM ALL on a camping holiday. What do you say?

Thu, 05/01/2014 - 13:57 | 4716874 Osmium
Osmium's picture

A quick demonstration on how to use a nail gun would suffice. 

Thu, 05/01/2014 - 20:13 | 4718261 Axenolith
Axenolith's picture

You're a fucking idiot.  The MSM and libtardian politicians work the Kochs (apparently Libtards new replacement mantra for "Halliburton") like a pit bull on a small child.  It's amazing to see you dumbshits concentrate on 2 fucking brothers while the rest of the whole of Wallstreet and the politico-banking industry just ass rapes the masses (though they beg for it...).

The worst thing, at least the Kochs are freedom lovers, people like Buffet are just dying to have us reduced to fucking barcodes and amniotic tanks.

Thu, 05/01/2014 - 20:17 | 4718277 NidStyles
NidStyles's picture

I found your post amusing. 

Thu, 05/01/2014 - 21:09 | 4718408 knukles
knukles's picture

Damn, Nid.... "amniotic tanks" ...  Now that's heavy.
Closest I ever got to one was an enema bag

Thu, 05/01/2014 - 12:38 | 4716497 SAT 800
SAT 800's picture

They call it the American Dream because you have to be asleep to believe it"---George Carlin.

Thu, 05/01/2014 - 12:37 | 4716498 SheepDog-One
SheepDog-One's picture

Soon they'll have subsidize tool sheds for Bubbles and his kitty's to live in!

Thu, 05/01/2014 - 12:55 | 4716605 TheFourthStooge-ing
TheFourthStooge-ing's picture

Bullish International Association of Trailer Parks, Trailer Park Supervisors, and Assistant Trailer Park Supervisors.

Thu, 05/01/2014 - 13:40 | 4716789 813kml
813kml's picture

Mr. Lahey says a shit tornado is coming to blow those trailer homes back to Omaha.

Thu, 05/01/2014 - 13:51 | 4716851 Zirpedge
Zirpedge's picture

I said i tyesterday, tornado season is rolling in go long mobile homes. It's a no brainer.

Thu, 05/01/2014 - 15:19 | 4717217 SheepDog-One
SheepDog-One's picture

Fuckin Lahey....at least he got rid of that high cheeseburger samsqwanch Randy.

Thu, 05/01/2014 - 12:49 | 4716499 LawsofPhysics
LawsofPhysics's picture

Perhaps they know a hurricane is coming...

 

Just saying...

 

Should be bullish for pathetic plots of (otherwise useless) land.

Thu, 05/01/2014 - 13:00 | 4716629 seek
seek's picture

Hurricanes' already here.

Seriously I think it's bearish. These things are affordable now. You bring in the usual credit-fueled subsidization and prices skyrocket just like they did with conventional homes, college, equities, etc. Expanding credit into this market will make these homes unaffordable and then there's no place left for people to go.

Most of these end up in mobile home parks and not useless land. The useless land people are comparatively rich because they can fund improvments (well/water, septic/sewer, electrical) and as a result are fewer in number, and usually live that way because they want to. The MHP folks are like Carlyle group says -- unable to relocate and pretty much desperate. They're the ones that fork over $200/mo in rent for a spot that's less than 400 square feet. (On that note, do the math -- quadruple the space for access, you're looking at about 25 units +/- per acre. $5K per month gross per acre, and that's likely on the low side.)

Do the math again with a $10 rent increase and you know why these guys are jumping into the market: they can squeeze $10 more a month out of a $200 lease for someone who can't afford the thousands needed to relocate and they show a 5% return for doing absolutely nothing.

Thu, 05/01/2014 - 13:42 | 4716819 JRobby
JRobby's picture

"You bring in the usual credit-fueled subsidization and prices skyrocket just like they did with conventional homes, college, equities, etc. Expanding credit into this market will make these homes unaffordable and then there's no place left for people to go."

Perfection! Thank you.

Apply the same model to health care, to anything really.

Next will be special depreciation rules and subsidies for bulldozers and ovens that seat 150 for when "there's no place left for people to go."

 


Thu, 05/01/2014 - 20:37 | 4718323 Matt
Matt's picture

It doesn't even matter about afford. After a certain amount of time, the codes change and then your trailer is too old and cannot be moved into another park. Only way out is to sell it in place.

Thu, 05/01/2014 - 21:56 | 4718526 willwork4food
willwork4food's picture

Absolutely true. I used to own a very, very modest 10x50 that was pretty old, no heat working. Had to use Karosine heaters in the winter and installed a wood buring stove. Miracle I didn't burn myself up. Did my best to fix the unit up with the little money I had but sold it for a thou just to get rid of it when I had to move. Yea, those were the days, the best of days.

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