esmith512's definitions
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
Get the FB mug.The "Beach Ball of Death". On a modern Apple Macintosh, the spinning "beachball" graphic which replaces the mouse pointer when hovering over a window whose program has stopped responding. Somewhat analogous to the "BSOD" (Blue Screen of Death) on Windows-based computers. Usually BBOD applies when the entire Macintosh is so overburdened or one key program is so hopelessly hung up that rebooting is faster than waiting for the Mac to sort itself out.
I got the BBOD on my Mac when I had about fifty programs up and Firefox got obsessed with a seemingly bottomless web page.
by esmith512 January 8, 2008
Get the BBOD mug.by esmith512 December 27, 2007
Get the Wallyball mug.A usually fully functional almost-Apple Macintosh computer rebuilt from various dead-Mac pull-out and commodity PC parts to avoid Apple's high prices for similar Apple-sourced but functionally identical parts. A cousin somewhat to the Hackintosh.
Jim got a bunch of Apple and non-Apple parts from some dead Macs, PCs, and his own workbench and cobbled together a little FrankenMac. Not quite as pretty but it works fine.
by esmith512 October 6, 2007
Get the FrankenMac mug.A political buzzphrase used as a rhetorical talking-point in a power-grabbing or liberty-destroying attempt to diminish or subvert the civil libertarian, responsible, and democratic character of a community, group, or society.
The honoring of civil liberty, presumption of innocence and good faith, privacy, and freedom of speech and expression cannot be tolerated because we live in a post 9/11 world.
by Esmith512 September 24, 2007
Get the post 9/11 world mug.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
Get the NINJA mug.A highly subjective interpretation of something real, imagined, or interpreted as being demeaning; very often the use of complaint to attack someone while paradoxically assuming both authority and victimhood; the use of complaint as a sociopolitical weapon or vehicle to often unmerited benefit, privilege, or compensation.
Their being offended is deeply and inheirently offensive to me! I demand you recognize my victimhood and give me what I want now!
by esmith512 November 29, 2007
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