of course he didn’t…

but making false accusations is how the leftists operate

If you just listen to the tape it’s easy to hear the difference.

The tone is even different for the word ‘Coon’. What Zimmerman said could possibly be interpreted as “cOnes” or “cUns”, but i cant agree with the “cOOns” interpretation. The word he used just sounded too different from “coons” to even stretch things.

Personally, i thought he said “punks” the first time, and i haven’t changed my mind yet.

@fubar says:
March 26, 2012 at 1:15 pm

It has already happened, but the explosion is so big and the US economy so large it will take a bit longer for the shock wave to blast it to smithereens. Unfortunately for Obama and us there is no possible way to contain it until November, they have already pulled every lever and opened every Pandora’s box they have available just to delay the blast this long. We are literally running in front of the blast wave with our feet only hitting the ground every every now and again, the first obstacle or tripping stone is the messy end.

this is the first tripping stone…

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The First Crack: $270 Billion In Student Loans Are At Least 30 Days Delinquent

http://www.zerohedge.com/news/first-crack-270-billion-student-loans-are-least-30-days-delinquent

Yet one bubble which the Federal Government managed to blow in the meantime to staggering proportions in virtually no time, for no other reason than to give the impression of consumer releveraging, was the student debt bubble, which at last check just surpassed $1 trillion, and is growing at $40-50 billion each month.

However, just like subprime, the first cracks have now appeared.

In a report set to convince borrowers that Student Loan ABS are still safe – of course they are – they are backed by all taxpayers after all in the form of the Family Federal Education Program –

Fitch discloses something rather troubling, namely that of the $1 trillion + in student debt outstanding, “as many as 27% of all student loan borrowers are more than 30 days past due.”

In other words at least $270 billion in student loans are no longer current (extrapolating the delinquency rate into the total loans outstanding).

That this is happening with interest rates at record lows is quite stunning and a loud wake up call that it is not rates that determine affordability and sustainability: it is general economic conditions, deplorable as they may be, which have made the popping of the student loan bubble inevitable.

It also means that if the rise in interest rate continues, then the student loan bubble will pop that much faster, and bring another $1 trillion in unintended consequences on the shoulders of the US taxpayer who once again will be left footing the bill.

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@Billy Ray

the leftists like to use … dog whistle… racism

Sorry, fubar. It is hard to keep the pessimism at reasonable levels any more.

People were hearing it because they were told to hear it. It’s like the idiots who, to this day, swear up and down they hear the devil speak when you play which ever one of those Beatles or Pink Floyd albums backwards because someone on an acid trip told them they heard it. Of course all they had to do was play them forward and hear the commie wannabe voice of Lennon and hear the same thing.