Let me first clarify that title. This is not a message to Michael Jackson, urging him to get rid of his chimpanzee. Nor is it slang for women with nice behinds, because you all know that I encourage being around those kind of bubbles whenever possible. When I speak of bubbles, I mean the economic kind. The ones that leave people living like Anton the Bum from In Living Color when they inevitably burst.
I knew the housing bubble was going to burst, years ago. Not because I’m a broke-assed player hater, and couldn’t afford a decent house of my own back in the mortgage heyday. I knew it because too many other broke-asses were getting loans and buying places that appeared to be beyond their means. I’d have people telling me about their plans to buy their first home, and I’d think to myself “This fool bags groceries at Giant, with credit lower than a crack hooker’s self esteem, yet he’s getting a home loan.”
Sadly, I could not warn anyone about the impending doom, because of two words in the black vocabulary which prevent you from having a dissenting opinion: “Stop hating.”
Basically, I knew the player hater card would be pulled, if I attempted to disagree, even though I had logic on my side. it happened before during the dot-com boom. I asked folks “how can some of these businesses afford to treat their employees so well, especially before truly making a profit? This sh*t don’t add up! Everyone knows successful businesses exploit their employees and instill a healthy fear of unemployment in their check-to-check lifestyle-living little hearts .
Once again, I go back to the saying “If it looks too good to be true, it probably is.” Now, we have the government dishing out damn near a trillion dollars to avoid the Great Depression, Part II. When I heard that number, I was awestruck. I didn’t even know computers could count that high! They could have said “We’re lending these institutions infinity thousand dollars and thirty four cents” and I would have had the exact same reaction.
Unfortunately, I’m not an expert on matters of the economy. Hell, I’d be in real trouble if you asked me to take an algebra 2 test at this very moment. All I’m saying is that I hope our next president can help get our country’s finances back on court. After this mess, it seems like that may be the deciding factor in this year’s election. I don’t want the US to start standing on the corner with a paper cup, waiting for China to give us spare change for the bus.
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Hey Leon…I’ve lurked for years and I guess I have something to say today. Maybe cause I’m at work bored…but whatever
I totally feel you on this. I saw that shyt comming a mile a way a few years ago. A friend of mine tried to get me to go into buying a home with her. I knew better. With my SSN all ur gonna get is either a credit denial or arrested. So, I thought I’d better not. Well, long story short, she’s sleeping on my couch now, unemployed, mind you. House foreclosed and car repo’d. I guess living in a mini-mansion aint so sweet, if u can’t afford the go-zillion dollar a month payments. Well, she can’t live here for free either. I’ll just presure her with my sexual advances until she “pays up”. I’ll keep you posted.
yeah all these homes here in the A are going for the “cheap”
if these folks would invest some of the money on a house instead of dope,hoes,and clothes….
Classic material!
e.
The state of the presidential race:
“Frail old man runs from African American asking for change.”
Share with your friends.