Will someone please put this crazy bastard out of our misery????

[acmavm]

Everybody's Business
The Gloomsayers Should Look Up

By BEN STEIN
Published: October 21, 2007

<snip>

BEFORE I start on this little tour d’horizon, I just want to say that a good, fresh Taco Supreme from Taco Bell is more tasty than just about anything at any fancy-pants restaurant anywhere in the world. And they didn’t pay me, and they don’t even know me. Just for perspective.

And really, the whole story about the economy, credit, morality and rescues is about perspective. Start with the good news about perspective: The economy is basically in fine shape. Not perfect, but darned good. Almost all mortgages are not in default. Almost all workers in the labor force who care to work are not unemployed. The largest percentage ever of American household units, what were called “families” in the old days, own their own homes.

<snip>

Newspapers (which often sell on fear, not on fact) talk frequently about a mortgage freeze. However, for all but the least qualified buyers, mortgage money is plentiful, and in fact the potential borrower is bombarded with offers. Hotels and airplanes are full. Casinos in Las Vegas are jam-packed. There is still a long waiting list for Bentleys in Beverly Hills.

This country does not look like a country in economic trouble. Nevertheless, some extremely worrisome things have happened and are now being revealed, and worse are to come.

<snip>

As I have said for 20 years, it’s basic when you are lending to subprime borrowers to take substantial reserves for likely defaults. Obviously, this was not done. When you borrow short and secure and lend long and risky, you take huge reserves for the day when the trade turns sour. This was apparently not done. If it had been done, there would be no problem.

-MORE-

No mention about predatory lending practices, not mention about corruption on Wall Street. This guy turns my stomach. I almost refuse to eat seafood, not just Alaska seafood, on principal.

[cornermouse]

1. Rich guy perspective.

That's usually when I tune out.

[madrchsod]

2. ben steins new gig->America's Most Smartest Model

http://www.vh1.com/shows/dyn/americas_most_smartest_model/series.jhtml

America's Most Smartest Model | Reality TV Show Video Clips on the VSPOT, Photos, Episodes and Online Message Boards | VH1.com






from tvgasm.......

I'm going to get serious for a second and explain the whole "challenge" process because that's what Ben Stein is doing right now. Here's how it works: There are basically 2 challenges in each episode. The first challenge will be based on intelligence. The winner of that challenge wins something called The Edge, which gives them a heads up in the 2nd challenge, which is more model based, although last week it incorporated some smarts as well."


http://www.tvgasm.com/shows/americas-most-smartest-model/americas-most-s-5740.php
TVgasm Archives



the show is even worse than he is....

[Skittles]

3. LOL

his premise is like saying there is no problem with violence in America because, well, most of us are alive