Women Caused the Subprime Meltdown

This letter was sent to me from America’s Heartland.

Dear Dick,

I live in Nebraska where anyone with a decent job can afford to buy a house. Recently, I’m seeing a trend in the amount of women who feel that they can AND SHOULD buy their own house. “How the fuck do these women expect to mow the lawn?” I asked a friend of mine who is buying a house. She replied, “You.” After I finished laughing, she asked if she could borrow my lawnmower to do it. “How are you going to get the mower from my house to yours?” I said. She replied, “Your truck.”

Property ownership for women should be discouraged, starting at the real estate agent.

CE in Nebraska.

Well said, CE in Nebraska. Women should not own property.

A woman owning property is like giving a monkey a dog on a leash. It doesn’t mean the monkey has a pet. It means some idiot tied a dog to a monkey.

Women owning property doesn’t mean that they themselves aren’t property.

But what’s the worst that could happen? So a few women buy a few houses and fuck them up, it’s not like that will fuck up the entire global economy, right?

Wrong. Women caused the subprime mortgage meltdown.

You Are What You Eat

Women don’t know how to treat property. Just look at how they treat themselves! Getting fat as hell, speaking when they could just sit there and look pretty, giving it up on the first date. Women are the world’s oldest property and they treat themselves like shit.

They also treat their cars and houses like shit. The last time I let a woman drive me anywhere, I didn’t. I insisted on driving her car myself and she had to kick through a foot of trash and debris in her passenger seat to even sit down. That’s how a woman treats something she owns. She lets it go to hell.

If women can’t fuck to make a problem go away, or at least pretend they’re going to fuck after the problem goes away, then the problem goes unsolved. Take my new best friend CE from Nebraska. Sure, he could get his freak on for mowing some dozy bitch’s lawn, but that’s a waste of time and worse yet, it’s a loss of Man Points.

The maximum amount of work any man can do to get laid without losing Man Points is 30 minutes. Any more means you give a shit.

Women Are Consumers

Women don’t understand ownership. They only understand consumership. That’s why they should only purchase things that can be used. Things like make-up, clothing, pots and pans, and especially birth control; all things meant to be used up or thrown away when something better comes along — just like women.

Men are owners. We invented ownership and we fought the wars that resulted from this awesome invention. Ownership is about putting work into something, including ourselves, in order to increase its value. Women just complain until someone either pays more for access to their sex organs, or lies better while doing it.

A boob job doesn’t make a girl smarter, it just makes her look smarter.

Subprime Fuck Up

Subprime is the first word I think of when I think of women and their shit brains. However, it also perfectly describes their real estate investments.

If you don’t understand what the subprime mortgage crisis is, I’ll explain it in man terms.

Let’s say you’re throwing a party and stocking it with booze. You get a bottle of Patron, a 12 pack of Pacifico, and a case of Ralph’s brand charcoal filtered potato Vodka.

Guess what, no one will fucking drink Ralph’s brand charcoal filtered potato Vodka and the people who will drink it, you don’t want at your party! That’s the subprime alcohol at my party crisis. The Pacifico will be gone in ten minutes and the Patron will get smashed on your car by pissed off, sober party guests during an angry mass exodus.

In 2003, one in five home purchases were made by single women.

In 2006 women were 32% more likely to receive a subprime mortgage than men.

In 2006 women were 41% more likely to receive a high-cost subprime mortgage than men.

In 2006, 30% of mortgage borrowers were women

In 2006, 38.8% of subprime mortgage borrowers were women.

In 2006, women were 29.1% more likely to be stupid and irresponsible.

Men are better than women.

The economy is like a symphony. It doesn’t take an orchestra to fuck it up, it just takes like 29.1% of the instruments.

Accountability? Who Me?

Women are experts at shooting themselves in the foot. I think men have too much practice not shooting ourselves in the foot from pissing outside our entire lives. We learn to account for wind, splash factor, all kinds of shit. We learn not to piss all over our shoes. But women don’t. According to women, the reason they accepted shitty mortgages from banks and didn’t use LendingTree.com to shop around like TV told them to, is because banks are sexist.

Fuck you. Banks hate everyone. To banks you are a number not a name and a collection of statistics to milk for cash — not a person. For more information on banks, consult your local library — or ask Mel Gibson. I’m sure he has some interesting theories.

Financial Advice From the Retarded

Aside from trash books telling women not to base their self-worth on men — which they will anyway — financial advice books written by women for women are some of the biggest selling titles out there.

Among money saving pearls like, “Bring your own snacks to the movies”, and “Don’t bother getting a car, just get some man to drive you everywhere!” you’ll will also encounter the following gem amongst the kitschy self-empowerment slogans:

Home ownership is the key to building wealth.

What women fail to realize is that affording a home is the key to home ownership. Women are economically retarded. They’ll write checks until their checkbook is empty. They’ll pay the minimum required amount on their credit cards just for fun. They’ll buy the Extended Warranty because it makes them feel better. Then they’ll throw all the fucking receipts away and cry when their shitty little television breaks two years in.

The point is, women are fiscally retarded.

Financial Advice For the Retarded

“Women are Disproportionately Represented in High-Cost Mortgage Market.” -CFA 2006

So what if women got offered shitty deals? They still took them. That makes it their fault. Who knows how much shit women forgot to put on their applications or how much effort they put into researching the loan process or even looking up the word “loan” before taking one out and leaving the global economy alone on the swing set while trying to convince her friends that she’s had a busy day. Running errands is not having a busy day.

Women wouldn’t know a good deal if it offered them a ride home in exchange for a blowjob. That’s a good deal! It’s five minutes of work vs. an hour of walking. Do the math.

But women can’t do math. Women look at APR and amortization rates and closing costs and fiduciary terms and their little heads start replaying the training montage in Dirty Dancing. “Maybe this time she’ll get in the air without laughing like a whore!” thinks a woman as she’s signing away daddy’s retirement plan.

Daddy

All problems by women are actually caused by men. Men who think their daughter, wife, sister, girlfriend, mother, fuck buddy, or co-worker, has anything more than shit between her ears.

In the case of the subprime meltdown, some man thought it was a good idea to give his daughter a down payment. It wasn’t.

Welcome to the big leagues, ladies. Having the world on your shoulders isn’t as fun as it looked, is it? Make sure your degrees in Political Science are framed to match your bedroom set when the repo man comes to collect both.

“Though no statistics exist to compare foreclosure rates among men and women, it is logical to conclude that higher rates of subprime mortgages among women translates to higher rates of foreclosure.” -Allen J. Fishbein

Here’s a statistic for you. Women have only been allowed to own property for 1% of the time we’ve been around as a species. There’s a reason for that.

Manclusion

“35 percent of women home equity borrowers used the loans to pay off credit card debt, and a third of those borrowers had rebuilt the same credit card debt within four years.” – Money Magazine, July 2004

I should have just lead with that quote, but since it also ends the discussion, I saved it for the end.

End of discussion. Women are fucked.

If I was a bank, I would never lend money to a single woman wanting to buy a house because I know she’s going to blow half of it on overpriced furnishings and a new puppy she won’t discipline for shit. Besides, she’s just going to get married in a few years anyway, and the day a woman gets married all her money suddenly becomes discretionary. Yours is hers and hers is hers. Welcome to marriage. That means whenever a bank signs a mortgage over to a single woman, they’re actually signing it over to her future husband.

Since when is it good banking to give loans to imaginary people!

2006 Study by the Consumer Federation of America
NY Times interviews Allen J. Fishbein

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