The acting chief financial officer of Freddie Mac was found dead in his home Wednesday morning of an apparent suicide, Fairfax, Va., police have confirmed to FOX News.
Kellermann, a 16-year veteran of the mortgage loan guarantor, was discovered by his wife, who found him in the basement. The two have a young daughter.
Fairfax police spokeswoman Mary Anne Jennings said police were called to the Northern Virginia home outside Washington, D.C., in the early morning hours. A call came in at 4:48 a.m. ET. Source: Fox News
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If more people visited my blog how many lives would be spared? If you are reading this you owe it to humanity to spread the word of my prognosticating abilities. If you are a hot chick my abilities to foresee the future are greatly increased by lurid photos of yourself, so please send them in.
Sounds easy enough, live a life of simplicity and you will be happy. Don’t let your possessions own you. Only buy what you need, not what you want. Unfortunately as a race of people we have decided that simple isn’t good enough.
During the Great Depression which lasted roughly ten years, suicide rates increased from 14 to 17 per 100,000. To put this in perspective, a report was just released by Johns Hopkins Bloomberg School of Public Health’s Center for Injury Research and Policy which shows the U.S. suicide rate rose 5 percent, from 10.5 per 100,000 people in 1999 to 11 per 100,000 people in 2005. The difference between 2005 at 11 per 100,000 and 17 per 100,000 during the Great Depression years is remarkably high.
We are heading into what is arguable a global recession with implications not realized since the Great Depression years and possibly even greater. The biggest banks are failing at an alarming rate, unprecedented government bailout packages, corporate layoffs, skyrocketing foreclosures, drained retirement accounts, soaring energy and food costs, the result of years and years of living to excess. Now the stories of suicide are increasing from despondent people who see no other alternative.
Recently Karthik Rajaram who was jobless and felt hopeless killed himself and his entire family over his predicament. Carlene Balderrama became a symbol of the mortgage crisis when faced with foreclosure faxed her mortgage company blaming them for the loss of their home, then pulled out a high caliber rifle and killed herself. The mortgage company for Carlene Balderrama has since stopped the foreclosure and allowed her remaining family to own the home outright. It only took Carlene blowing a whole in her chest to get something worked out.
We are only at the surface of this economic crisis and undoubtedly more and more will choose the same path that Carlene and Karthik took. Suicide hot lines, psychiatrists, psychologists, bartenders, drug dealers and pharmacists will no doubt see a dramatic rise in business the longer this climate of crisis remains. Once you’ve already tapped into the system of consume, consume some more, is it even possible to revert back to a life of simplicity? According to Milton Friedman it’s not an option and I can’t say I disagree with him.
I don’t have a lot of money, but what money I do have I would like to keep. The more I look at the stock market the more pissed off I get. From one day to the next you never know what you’re going to get. It’s like dating some crazy person who forgot to take their meds.
Take today for example, the market is down a couple hundred points and all because more people are collecting unemployment. Let me summarize for you as far as I understand things:
- Company ‘XYZ’ sells a product
- People, or businesses buy that product from ‘XYZ’
- The ‘XYZ’ company reports profits but not enough to satisfy Wall Street.
- Wall Street downgrades the company and its stock lowers
- Shareholders of ‘XYZ’ stock want action
- The ‘XYZ’ chicken shit CEO lays people off because thats the easy thing to do
- People are then unemployed
- Unemployed people spend less money and can’t pay their mortgage
- Go back to the beginning.
I hate Wall Street and all the greedy assholes who ‘live’ there like this Washington Mutual CEO dickbag who after 3 weeks on the job is up for millions in severance pay.
