XIAM007 - Making Unique Observations in a Very Cluttered World: 05/31/12

Thursday, 31 May 2012

Wells Fargo Seizes Stockton, California City Hall - AND three city parking garages -

The Stockton City Council announced Wednesday that they will look at bankruptcy contingency plans after Wells Fargo seized the new city hall building.

The city paid $35 million to buy the 8-story building, but was not able to move in because of its money problems, and recently stopped making debt payments all together. This is the fourth building that was repossessed by Wells Fargo; the bank seized three city parking garages for the same reason.

Just wait to financial problems start to put a squeeze on state governments. California and Illinois are high up on the list. They might be able to scrape by for another year or two, but that's it.

Read more -
http://www.economicpolicyjournal.com/2012/05/wells-fargo-seizes-stockton-california.html

Obama Flies Special Barber To the White House Every Two Weeks -

Reports have surfaced that President Barack Obama is very loyal to his barber. The President is a man of the common people, the report tells its listeners. He hangs out with regular folks, like his barber for example. The President has been using the same Chicago based barber, who goes by the name Zariff, for the past 17 years. According to German Public Radio, the President flies Zariff from Chicago to DC for a trim every two weeks. The president allegedly personally funds these trips. President Obama obviously also does not care much about the massive carbon footprint his haircuts are leaving on our planet which, we are told, is tipping precariously.

The German NDR reporter says: ‘The barber never says a word about what they discuss. Perhaps that’s also a reason why Obama feels comfortable being around him. Otherwise he would not fly his barber in from Chicago to Washington every ten to 14 days.’

Read more: http://nation.foxnews.com/barack-obama/2012/05/30/report-obama-flies-special-barber-wh-every-two-weeks