Wednesday, June 25, 2014

Poor Democrats - And Yet, They Are So Full of Love...

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A day late to the party, Joe Biden has recently jumped into the, "I'm poor like YOU!", pity-fest being sponsored by the DNC in DC.  Kicked-off by that down-to-Earth-girl-next-door-look-at-me-I'm-so-poor Hillary Ramrod Clinton, crazy Uncle Joe has tossed his tattered hair (um, sorry, I meant to say, 'hat') into the "I'm poorer than most people I know" ring saying (honestly, he SAID this)...
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“I don’t own a single stock or bond, and I have no savings account.” - Joe Biden, D, Vice President of the United States
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Yeah, just let the quote above just lay there on your desktop, or mobile device for just a moment.  S-A-V-O-R it before continuing deeper into the post which follows...
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Okay?  Can we proceed now?  Well, I'm going ahead, you catch up when you get a chance.
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Perhaps Joe Biden is so poor because he wants to 'belong' to some group (other than the Hair Club for Men)?  Since he and his co-conspirator took over 'Care and Feeding' of the United States of America, there are many, many, many more poor people than there use'ter be.  Not only this, but BONUS! the National Debt has increased from about $10 TRILLION when they took office to over $17 TRILLION in fewer than six years.  

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Folks, we are all poor now!  Yay.
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However, in defense of the lunatic policies of Washington, DC, I do not feel so...  'Alone' any more.  
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There are many many more people just like me!  I know there are because as I walk down the littered, dirty, abandoned, and heroin-ravaged streets of Binghamton, NY, and I ask a passerby, "Hey, how are you doing?", they look at me with the same haunted look I see when I dare glance at my own haggard reflection in any flat, shiny surface around the home.  It's not despair, exactly, but perhaps more a look of grim resolution.  It's the flat stare that says it all, "Yeah, I know it sucks, but I don't know what to do about any of it...  We're pretty much on our own here, aren't we?"

But, hey, wait a minute, I forgot!!!  Joe Biden is 'down and out' just like...  ME!!!  

Time to turn those frowns upside down and get happy because Joe Biden is just like YOU too!!!  

After all, it's what he said...

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From Bloomberg.com, June 24, 2014:  Biden, a self-styled up-from-the-bootstraps politician, a Democrat from Delaware who has spent most of his adult life on the payroll of the U.S. Senate, appeared at a White House Summit on Working Families yesterday.


“I don’t own a single stock or bond,” Biden said. “I have no savings account.”


That’s not what his official financial disclosure states.
 
The form the vice president signed May 12 shows calendar year 2013 holdings ranging from $1,001 to $15,000 in a U.S. Senate Federal Credit Union joint savings account, and the same in each of two checking accounts at Suntrust and M&T Bank. (MTB) It also shows a joint holding of less than $1,001 in a M&T Bank checking account. 

Well, he probably forgot about this account, he's so busy helping deplete OUR accounts - can you blame the guy for his savings and checking accounts slipping his mind?  He's got bigger fish to fry.

Plus, hey, he's one of US!  We're not alone any more!!!  He and his wife are just simple servants our the Nation - they are just like US!!!

And then, I continued reading - sigh...
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The vice president’s report shows his spouse’s holding of $50,001 to $100,000 in a Wilmington Savings Fund Society certificate of deposit, and $50,001 to $100,000 in a State of Delaware Deferred Compensation Fidelity Freedom Fund.
 
It shows his spouse’s holdings in a tax-sheltered annuity, with $1,001 to $15,000 invested in each of several funds: Invesco VI Global Health Care, Dreyfus IP Technology Growth, Guggenheim Investments High Yield, Janus Aspen Enterprise, Janus Aspen Janus Portfolio, Legg Mason Western Asset Variable Global High Yield Bond, MFS VIT Utilities, Guggenheim VT Styleplus Mid-Growth. It shows the same in each of three separate small-cap, mid-cap and all-cap Guggenheim funds and a Commonwealth of Virginia Cash Match Fund.       

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And here I thought he wouldn't lie about being 'Just like me'...

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Okay, all kidding aside.  I don't believe it's a good strategy for any politician to plead poverty and then tell Americans that they'll... 

'Do for America what I've done for myself!'  
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Which is?  Um?  What - exactly?  They are telling America that they managed to live a taxpayer-subsidized life without accumulating any wealth?  That they failed to plan for future life outside of the government dole?  Or that they expecting to live no more than three days after retiring from whatever over-paid government job they have on their resume'?    

Yeah, you go ahead and tell folks that that's 'What you're all about'...  I need to get some of the 'laugh lines' re-etched into my face.

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This may play well with the Millions of Americans who have lost sight of any hope of a brighter future.  Heck, it'll even make the uber-rich feel good about paying their increased 'fair share' of the tax burden (excluding the money they've shielded overseas, that is) by helping other 'poor Americans', you know, the poorest among us, like Hillary Clinton and Joe Biden...

As for me, I've got my eye on a few investment properties outside of the Binghamton area.  I'm scoping out TEN major cities right now that offer unique foreclosure opportunities on distressed properties.  I was going to ask Hillary Clinton for a loan, but it seems that she's quite strapped at the moment.  Maybe she should have gotten more than the $16 Million advance on her book deal?  Looks like I'll have to borrow the money from some rich Republican / Conservative type since these evil people have ALL the money... 

The odd thing is that each of the ten cities I'm looking at investing in have a common attribute, they were each managed into poverty by 'Poor Democrats' without a penny to their name, or a clue as to how to elevate anything, or anyone.  

All they know how to do is to drive people, places, and Nations into ruination.
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But heck, at least they are consistent...

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