Fancy That

Sometimes, the news is just priceless.

Why are people across China refusing to pay housing loans?

A wave of disgruntled homebuyers are refusing to pay mortgages for unfinished or stalled housing projects, as debt-strapped property developers run out of cash. Payments have stopped on at least 100 projects in more than 50 cities, according to researcher China Real Estate Information Corp. Analysts believe that a drop in home values may be another driver for the refusal to meet payments. Until recently, China’s mortgages have been considered among the safest banking assets because of high down payments and collateral value.

So let me see:  you take on debt to purchase a product, and when the product fails to be delivered, you refuse to pay for it.  Only in a world of banker-thought can you be the bad guy.

As to why all this is happening, see here.  (Executive summary:  it was all built on debt.)

And it couldn’t happen to a nicer bunch of Commie assholes.

Needless To Say

Here’s one of life’s little ironies which will be totally lost on… well, you’ll see.

Apparently, some dickhead made a fool of himself outside a Congressional rep’s house, making death threats and various racial slurs, all while carrying a gun.

We know nothing about Dickhead, but we know quite a bit about the politician, who is an extreme socialist and Indian immigrant named Pramila Jayapal.  Jayapal is one of the leading lights of Seattle’s left-wing residents (no small achievement, that), who was (and is) a strong supporter of defunding police and of BLM in general.

So what did our cop-hating lady socialist do when said dickhead made his appearance outside her house, wanting to send her back to India or else kill her?

Of course:  she called the cops.

The Seattle cops have no sense of humor, of course, so they raced over and arrested the schmuck.

Had I been a Seattle cop, I would have taken my sweet time to get there — observing the speed limit, stopping for a bathroom break while taking the most circuitous route possible, and finally:  letting Dickhead go with a warning (he was carrying, but not brandishing his pistol) — all so this dreadful Commie could come face to face with some of the consequences of her own political positions that she inflicts on others.

I don’t know whether this foul bitch is on record for supporting the “activism” outside the various Supreme Court justices’ homes, but I’ll put money on the likelihood that she does.

So it’s all the more ironic when yet another of her positions comes around for a little home visit.  [insert Alinsky reference here, something about using their own rules to harass them]

Update:  via Comments, I see that the dickhead was released (to the consternation of the locals) — yet another of the criminal-lovers’ chickens coming home to roost.  Too funny.

Predictable Outcome

It’s amazing how often the word “unexpectedly” appears in the public discourse when it comes to government policy, e.g. “we provided free housing for poor people, but we still have a homeless problem”.

So this probably comes as unexpected news to those of the socialist persuasion, but to the rest of us, it’s as predictable as the dawn:

The prime minister of Sri Lanka, Ranil Wickremesinghe, declared in remarks to the nation’s parliament on Wednesday that its economy had “completely collapsed.”

The socialist country is facing the worst economic crisis in its modern history, prompting acute shortages of food, medicine, gasoline, natural gas, and other core goods since March. Lavish spending under the Rajapaksa dynasty’s rule coupled with socialist mismanagement of the economy, a “green” policy that banned chemical fertilizers and made the country reliant on food imports, and trade deals in which Sri Lanka took out predatory loans from China all contributed to the nation’s rapid decline.

Almost sounds like 2022 Murka, dunnit?  But most importantly:  is Sri Lanka running short of Tampax?

Honestly though, when you have no natural resources, and your primary exports are tea and Sri Lankans, you probably need to be a little more careful in how you run things.

Of course, Sri Lanka is no longer “Ceylon” (part of the terrible British Empire), so there’s that.

Quote Of The Day

As timely as ever:

“The truth is that, to many people calling themselves Socialists, revolution does not mean a movement of the masses with which they hope to associate themselves;  it means a set of reforms which ‘we’, the clever ones, are going to impose upon ‘them’, the Lower Orders.”
— George Orwell

Corollary:  “…and exile, punish or execute all those who refuse to accept the reforms.”