The Bailout Rap . . . Brilliant!

by Joshua Dorkin on February 3, 2009

  

If you haven’t seen this yet, you’ve got to check it out! Its a “rapumentary addressing the wall street bailout,” written and performed by 47 year old stockbroker Gregg Somerville.

Thoughts?

Related posts:

  1. Housing Bailout Quotes of the Day. What Real People think of the Bailout.
  2. Massive New Bailout For Real Estate—Or Is It Really For Banks?
  3. The $700 Billion Banking Bailout Bill Passes – Will It Work?
  4. Santa Plunges In Real Estate Debacle; Bailout for Claus? No Way Says Congress
  5. BIG Problems Need Simple Solutions; A Bailout Plan that Works
Got questions about this or other real estate topics? Ask on the BiggerPockets Forums.

You May Also Be Interested In...

{ 6 comments… read them below or add one }

1 Rehab702 February 3, 2009 at 1:32 pm

This would be hysterical if it weren’t so true.

Reply

2 bollygyaan February 3, 2009 at 10:21 pm

hahaha..check urself b4 u wreck urself!! nice!

Reply

3 Think Mortgages February 5, 2009 at 8:12 am

Haha most amusing.

Think Mortgages’s last blog post: Base rate cut to 1%

Reply

4 Anunturi Masini February 5, 2009 at 2:51 pm

Think he has made a wrong move in his life by being a stockbroker, he missed a nice career in rapping.

Reply

5 PM February 18, 2009 at 7:50 am

Why government should save such a fall giant to save where they could not wait to fall naturally,?to gain profit and more benefit I dont really think it is great idea to save Big view when it has Small More out there need the hand of this government bailout

Reply

6 DemosL December 12, 2009 at 7:58 pm

I liked it and it’s very much true. We are a free market society, but the government keeps tilting the market in favor of the larger companies that are “too big to fail”. This just gives an unfair advantage to the bailed out companies over smaller businesses. GM and Chrysler were given bail outs, to prevent catastrophic bankruptcies. Well, they went bankrupt anyway.

My hat’s off to Ford which ended up not needing a bailout and had a billion dollar profit last quarter. They at least saw the writing on the wall about creating fuel efficient cars (the different versions of the Focus).

The TARP program is a joke. The money should never have gone to the banks/lenders. People who are legitimately behind on their mortgages due to health problems or unemployment should get a break. If this causes a hardship to the lender, then the government should subsidise the difference to the lender, only after they show they need it. It should be case by case. This would keep more people in their homes, which would keep values up and would prevent blight and reduce the number of crack houses.

I’ll get off my soap box.

Reply

Leave a Comment

Comment Policy:

• Use your name and only your name in the field designated for your name.
• No keywords allowed as anchor text in the name or comment fields.
• No signature links allowed under your comments
• You may use links in the body of your comment, but it must be relevant to the discussion at hand, and not merely be some promotional link.
• We will have NO reservations about deleting your content if we feel you are posting merely to get a link without adding value to our discussion.
• If you add value, but still post keywords, we'll use your post, but remove your link and keywords.
• For more information about acceptable practice, see our site rules.

Previous post:

Next post:

Copyright © 2004-2012 BiggerPockets, Inc. All Rights Reserved.
BiggerPockets® is a registered trademark of BiggerPockets, Inc.