esmith512's definitions

you can't polish a turd

unconvincingly attempt to make an irreconcilably bad situation look good.

They're trying to portray the poor financial reports as positive, but you can't polish a turd.

by esmith512 April 21, 2007

island mentality

A psychological state more than a geographic state of a person: a belief in a community's or culture's superiority, correctness, or specialness compared to other communities or cultures. Inspired by positive-minded well-meaning groupthink, increasing homogeniety over time, isolation-induced ignorance of other cultures or communities, fear of the unknown or being outnumbered (and a desire to compensate for their smallness amid the world), and lack of conflict with/lack of destruction by other communities (improving relative progress and social harmony and giving some creedence to their feelings of superiority).

Progressive and possessive attributes of English and Japanese histories show an island mentality.

by esmith512 June 26, 2007

FB

Fucked Borrower. Very widely used in real estate blogs and informal circles. Refers to a formerly credit-rich but resource-strapped consumer who's collateral, savings, and foreseeable future income are below the value and terms of a loan they cannot sustain, refinance, or renegotiate. FB's face a bleak future of certain losses, and nearly certain bankruptcy, credit destruction, and long term cascading/follow-on financial and opportunity losses.

All those FBs and their greedy idiot lenders who bought houses with 100% down NINJA adjustable-rate mortgages in the so-called housing boom are dropping like flies!

by esmith512 January 15, 2008

Bushzarro

A word widely coined in journalistic circles to describe the mutually opposite words and actions over time, redefinition of various terms into their opposites, and generally confusingly self-contradictory behavior of the Bush Administration. Derived from Bizarro and Bizarroworld.

In Bushzarro world, up is down, white is black, mass murder is democracy, truthiness is lies, left is right, and right is wrong.

by esmith512 January 17, 2008

NINJA

A recent type of mortgages given to those with no apparent means and little to no chance of rendering repayment. NINJA is an acronym referring to the borrower as having No Income No Job or Assets.

The housing bubble was greatly helped by financially suicidal bankers issuing NINJA loans like candy to anyone who could fog a mirror!

by esmith512 January 17, 2008

chivalry

The act of a self-deluded sucker. Self-destructive self-sacrifice in favor of those seeking to exploit or destroy the practioner. Self-debasement to those seeking exploitive profit and lack of due recriprocation. Often stupidly misconstrued by those practicing as honorable or altuistic.

Many travesties of justice, self-destruction, and the concealment and promotion of evil have come from the chivalry of fools.

by esmith512 January 21, 2008

bachelorism

A prudent, sensible, and wise life-enabling decision to remain single, remain a first class citizen, enjoy relatively high degrees of personal freedom, prosperity, and self-determination, and avoid a very expensive, dangerous, hostile, abusive, deeply exploitive, oppressive, and life-crushing enslaving marriage and the unjustly deeply anti-male legal system in the likely, arbitrary, possibly unpredictable, and life-crippling divorce.

Bachelorism means retaining your full civil rights and first class citizenship, personal dignity and self-respect. Bachelorism means never being in fear or experiencing the actual or the constant threat of emotional and physical abuse and arbitary and unjust arrest, homelessness, imprisonment, ruin, and indentured servitude at your wife's sole discretion (regardless of your kind character or behavior) without legal protection, recourse, or respect; it also means complete self-determination, freedom to enjoy your life as you wish on your own terms, and generally greater opportunity and personal prosperity in life. Bachelorism is the clear freedom from the exploitation and sacrificing of a used, disposable man's life for the unilateral entertainment and profit an ever-expectant, hateful, greedy, self-indulgent, entitlement- and luxury-obsessed and sneeringly and derisively nonrecripricatory, ulterior, incipidly disrespecting vicious wife. To men, marrying women in the current social, cultural, and legal environment is unhealthy, oppressive, and physically, psychologically, and legally dangerous. Bachelorism is relatively freedom-ensuring, sane, safe, and financially, legally, and personally healthy. Bachelorism is to respect yourself and retain your human rights.

by esmith512 January 27, 2008