If the HAMP [“Home Affordable Modification Program,” designed to make mortgages cheaper. —ŒV] program was a batter in the MLB, it would be batting about .320 – pretty good if you’re in the MLB as only 6 batters have a better batting average (Hamilton, Cabrera, Beltre, Cano, Mauer and Gonzalez) at this point in the 2010 season.  However, if you are a recovery support type effort by the Obama Administration and it’s a grade percentage, that’s a big fat F.  One in three of the trial mortgage modifications under HAMP will result in a conversion to a permanent, non-defaulted loan.  So not only are we likely facing a “market adjustment” in the DOW (currently the DOW is about 900 points over-valued) but due to the HAMP we are likely facing a double-dip in the housing market hitting later this fall or into the winter.  For more details and in-depth coverage – go read this post on Alphaville.

For those that haven’t put 2 + 2 together, go back and look at the “Broken Window Fallacy” post and see how these programs put forth by the liberals are short-thinking and ill-concieved as they don’t consider the unintended consequences, no matter how obvious or not that they are.

GorT

GorT is an eight-foot-tall robot from the 51ˢᵗ Century who routinely time-travels to steal expensive technology from the future and return it to the past for retroinvention. The profits from this pay all the Gormogons’ bills, including subsidizing this website. Some of the products he has introduced from the future include oven mitts, the Guinness widget, Oxy-Clean, and Dr. Pepper. Due to his immense cybernetic brain, GorT is able to produce a post in 0.023 seconds and research it in even less time. Only ’Puter spends less time on research. GorT speaks entirely in zeros and ones, but occasionally throws in a ڭ to annoy the Volgi. He is a massive proponent of science, technology, and energy development, and enjoys nothing more than taking the Czar’s more interesting scientific theories, going into the past, publishing them as his own, and then returning to take credit for them. He is the only Gormogon who is capable of doing math. Possessed of incredible strength, he understands the awesome responsibility that follows and only uses it to hurt people.