Wannabee Playas Who Realized They Only Played Themselves and Not the Game
Posted on September 7, 2008 by Ed
The current news about the government takeover of Fannie Mae and Freddie Mac will have its implications on the American economy. The reason I’m writing is because most of these cats out there waited for the last minute to realize how bad the American economy is actually in and did nothing but try to maintain their existing status and pretend it was alright. See, this was how George Bush administration did America, using shock value like Saddam support Al-Qaida, terrorist orange alert, telling us bin laden is still out there waiting to attack, say the economy is alright, the private sector can regulate itself and you know what – it was all bullsh*t. But you know the real problem, most people didn’t want to believe it was bullsh*t and that’s why America is in the f*cked up mode we are in today. Because I realize there is a model by the big guys to mindf*ck the masses in a millisecond, get the profit from the ill-gotten misleading information and run high-tail once the duped clown finally realized their rectal canal was violated without lubrication.
That’s what we call a con man back in the days and I realize that many of the corporate and government world use the same tactics of a con man. And what I notice over and over again is the willingness for regular people to be ignorant of the ish, then they crying and whining once they get caught up. One example was all these cats running around Atlanta talking about they flipping homes – something that was based on speculative science – basically thinking the next guy actually had money to pay for the flipped premium – is now all caught up. Let me give people a clue about Atlanta – it is so much pine trees full of unoccupied land around Atlanta that if you want to buy, you buy new construction off new deforested land instead of buying some used housing. This ain’t Washington DC or Harlem where you got to fight for existing land and buy tear downs for $750,000. But these cats come in my face bragging they flip homes in Atlanta and I just listened. They use to be all up in my face in Atlanta bragging about how they doing their thing in Atlanta at the cheese and crackers social outings and I just comply with all the bragging ish.
I wish I can meet with them today and continue that discussion over cheese and crackers and wine because I will straight talk with their braggart ass. F*ck your million dollar home built in a subdivision you trying to sell off – your dumbass willing to jumbo loan finance that kind of money on a single dwelling place in some Atlanta suburb and not invest that kind in rental properties in Black communities like Chicago West Side or Prince George’s County, that’s your sellout dumbass. F*ck your gas guzzling Maserati and your Range Rover with 22” rims you trying to sell off also – I’m only paying 35% of the Blue Book value for it and you can step off because I got a line of I-fronted-and-now-going-broke people willing to take that lowball offer. And those 22” rims you financed also made your nice ride look ish might I add. And yeah, f*ck your high-maintenance wifey too because she just realize brothas who spend a lot of money is played out and a brotha that know how to keep money and make more money from existing money was the man all along. Your home flipping ish washed up big time, son and I have no advice to offer to you except to just let your ass be an example to serve to others who want to live the fronting lifestyle built off so-called home equity. And by the way, how’s the cracker and cheese?
See, one of the things I’m learning is how the mass of people can be screwed over and manipulated so easily because people are so dedicated into clinging onto stupid beliefs they formulated themselves without doing research and critical analysis. You know, the kind that believe they can get rich quick by doing something they saw on a Saturday morning infomerical. Cats knew it was highly doubtful Saddam had weapons of mass destruction or affiliated with anti-American terrorists but they went along with the ish. Now we got to see funeral processions going to the Veterans Memorial park of not old war vets, but fallen young men and women who died for our country based on misinformation. Yall knew damn well the bankruptcy legislation Congress passed years ago was designed to allow the credit industry to charge 30% interest and make it harder for people to get out of paying usury rates. But yall said let the industry self-regulate and now if you even accidently go over limit, you now at 34.99% interest rate. I notice over and over again in this country that people want to sit on their ass and do nothing until fecal matter actually start flying all around after hitting the fan blades.
I can go on and on about how the establishment does shady ish and continue to do so because people in general do not stand up and fight until after they had been victimized. I remember when sub-prime loans were a “Black inner city problem” and ignored by the media and legislatures. Now that sub-prime was discovered to be all up in these jumbo loans and a lot of these suburbs was expecting big tax revenue from those McMansions bought with sub-prime loans, now sub-prime is a big major issue and CNN just ran a special on it a few weeks ago. See, I told you I can go on and on.
I don’t want to bloviate too much, all I want to say is we got to be extremely smart nowadays to go for ours, be wise about our surroundings and keep our head above waters. It’s advanced zero sum game theories being played on us right now and because I can understand these patterns because of my background, I’m straight warning yall that yall better get keen. McCain knew what he was talking about when he put these “me first, country second” cats on notice. Because I’m going to be honest – I’m not feeling sorry for a lot of people who allowed themselves to be played because they thought they can get over in a game they knew had much bigger players than them involved.
Comments (7)






Happens everytime someone puts his hand to the status game instead of to the security and self-improvement game. When I do drive, and a tank of gas lasts me about three weeks mind you, it’s in a 10 year old ford taurus that’s been paid for for 8 years. My children complain a little bit, then they get their monkey tails in the car and are good to go.
yep so true
and china gone own all the land soon
This is good stuff. I work in financial field and my company has known for about 2yrs that the market was on the verge of collapsing on itself. The economic base cannot sustain a war,credit crisis, and economic slowdowns. So you are point and I think peeps need to do like our grandparents did when the stock market crashed twice 1907 and 1929… Put a portion of ya money in a safe place. We are gonna look like the former USSR if McCain/Palin are elected. There is a planned system that is going on to destroy Amerikkka and its not our Arab speaking cousins.
This is so true !!! I’m glad you have written what everyone who thought there slick with a quick slick idea.
thanks again for bringing to the front exactly what is on the minds of people who ‘GET IT’.
I’m glad I don’t flip houses for a living but I’m double glad I wasn’t eating cheese and wine next to you bruh!. You got some anger and hostility at those cats.
Really it was a gamble and I’m sure there are a couple of people who got out in time. It was good while it lasted but by the time the followers got in they went bankrupt.
All this game is about is redistribution of wealth. In a couple of years it will be another gimmick. Stock Market, Real Estate, pyramid schemes, or the like. You just have to have the money to get in when it starts and control your greed to get out on time.
Freeman P,
You hit it nail on. The whole strategy of getting money off money is always understand points of opportunity and points of exit. The challenge is to knowing when to get in and when to get out take research and many people rather front than do research and learn.
Yes, the smart people cashed out their dotcom stocks late 1999. The smart people flipped homes back in 2002. But the majority of people I’m referring to wait until they saw it on CNBC or an informercial before jumping on the bandwagon.
I don’t think I will be as mean at a cheese and cracker event as one would be annoyed listening to these johnny-come-lately bandwagoneers.
A stock guru said it best to me a long time ago – someone has to fill the gap from the peak to the demise and don’t let it be you..
I was listening to BBC radio the other night and I swear this economist had me real scared.
Don’t remember the guy’s name, but he was from Paris and wrote a book about 10 years ago that was apparently spot on with his projections about the economy during the next five years (at that time).
The BBC is hitting him up to discuss the U.S. economy and the dude is like the U.S. is going to go bankrupt within the next two years. The whole country.
He talked about the housing crisis, the election, etc. and he made a lot of sense. The things that he was saying was VERY logical.
Fast forward 2 days later and you have the Fannie Mae/Freddie Mac thing happen. This was basically done to stop the bankruptcy of America that he said would happen in 2 years. I don’t know if it will, but I sure hope it does.