Author Topic: OBAMA FIRES A 'ROBIN HOOD' WARNING SHOT  (Read 18916 times)

280plus

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OBAMA FIRES A 'ROBIN HOOD' WARNING SHOT
« on: October 15, 2008, 07:26:52 AM »
http://www.nypost.com/seven/10152008/news/politics/obama_fires_a_robin_hood_warning_shot_133685.htm



 By CHARLES HURT Bureau Chief

WASHINGTON - You won't find it in his campaign ads, but Barack Obama let slip his plans to become a modern-day Robin Hood in the White House, confiscating money from the rich to give to the poor.

Conservatives yesterday ripped Obama after he was caught on video telling an Ohio plumber that he intends to take the profits of small-business owners and "spread the wealth around" to those with lesser incomes.

The fracas over Obama's tax plan broke out Sunday outside Toledo when Joe Wurzelbacher approached the candidate.

Wurzelbacher said he planned to become the owner of a small plumbing business that will take in more than the $250,000 amount at which Obama plans to begin raising tax rates.

"Your new tax plan is going to tax me more, isn't it?" the blue-collar worker asked.

After Obama responded that it would, Wurzelbacher continued: "I've worked hard . . . I work 10 to 12 hours a day and I'm buying this company and I'm going to continue working that way. I'm getting taxed more and more while fulfilling the American Dream."

"It's not that I want to punish your success," Obama told him. "I want to make sure that everybody who is behind you, that they've got a chance for success, too.

Then, Obama explained his trickle-up theory of economics.

"My attitude is that if the economy's good for folks from the bottom up, it's gonna be good for everybody. I think when you spread the wealth around, it's good for everybody."

Critics said Obama let the cat out of the bag.

"It's clear that his main goal is redistribution of wealth, not growth," said Andy Roth with the anti-tax group Club for Growth. "He's perfectly happy to destroy wealth as long as he can redistribute it."

Obama has been meticulous, Roth said, to conceal the "socialistic" nature of his tax plans. "But every once in a while, he lets it slip," he said.

Republican candidate John McCain yesterday charged that Obama's comment was telling.

"This explains how Senator Obama can promise an income-tax cut for millions who aren't even paying income taxes right now," he said in Pennsylvania.

"My plan isn't intended to force small businesses to cut jobs to pay higher taxes so we can 'spread the wealth around.' My plan is intended to create jobs and increase the wealth of all Americans."

Meanwhile, a New York Times/CBS poll last night showed Obama moving into a commanding 53-39 percent lead.

churt@nypost.com

Avoid cliches like the plague!

Manedwolf

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Re: OBAMA FIRES A 'ROBIN HOOD' WARNING SHOT
« Reply #1 on: October 15, 2008, 09:10:16 AM »
If he's elected, one aspect of cyberpunk writing will definitely come to pass.

The black market will take off like crazy as people try to avoid being taxed to death.

buzz_knox

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Re: OBAMA FIRES A 'ROBIN HOOD' WARNING SHOT
« Reply #2 on: October 15, 2008, 09:11:23 AM »
He thinks he has the election in the bag, so he's letting his ambition come to the surface more.

His inaugural address should make for quite a few nightmares.


RoadKingLarry

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Re: OBAMA FIRES A 'ROBIN HOOD' WARNING SHOT
« Reply #3 on: October 15, 2008, 09:32:23 AM »
Who is John Galt?
If ye love wealth better than liberty, the tranquility of servitude better than the animating contest of freedom, go home from us in peace. We ask not your counsels or your arms. Crouch down and lick the hands which feed you. May your chains set lightly upon you, and may posterity forget that you were our countrymen.

Samuel Adams

Ben

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Re: OBAMA FIRES A 'ROBIN HOOD' WARNING SHOT
« Reply #4 on: October 15, 2008, 10:38:03 AM »
This stuff, and his current lead in the polls is really starting to scare me. Although (probably like most people) I've always erred in my favor when doing my taxes in the past, in an Obama presidency, I plan on massively cheating on my taxes, doing stuff in cash as much as possible, and maybe buying a few mattresses to stuff with money for four years.
"I'm a foolish old man that has been drawn into a wild goose chase by a harpy in trousers and a nincompoop."

Manedwolf

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Re: OBAMA FIRES A 'ROBIN HOOD' WARNING SHOT
« Reply #5 on: October 15, 2008, 10:41:37 AM »
This stuff, and his current lead in the polls is really starting to scare me. Although (probably like most people) I've always erred in my favor when doing my taxes in the past, in an Obama presidency, I plan on massively cheating on my taxes, doing stuff in cash as much as possible, and maybe buying a few mattresses to stuff with money for four years.

I think you'd see a lot of unreported income, definitely.

longeyes

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Re: OBAMA FIRES A 'ROBIN HOOD' WARNING SHOT
« Reply #6 on: October 15, 2008, 11:00:39 AM »
Well, we already have a large underground economy--encouraged by both Left and Right--and a growing "underground population" (not exactly in the shadows) to go with it.  This has become a symptom, over the last 20 years, of the wresting away from the middle-class of the meaning of the American dream. The middle-class has become the bitch of the upper classes and the illegal immigrants, there to be used and taxed.

Black market economy?  Yes, it is what has allowed a people like the Italians to survive political lunacy for over two millennia.  We will learn.  The hard way.
"Domari nolo."

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Monkeyleg

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Re: OBAMA FIRES A 'ROBIN HOOD' WARNING SHOT
« Reply #7 on: October 15, 2008, 11:18:25 AM »
Makes me want to get into smuggling cigarettes or other highly-taxed, high-profit items.

Not even a few months ago, I thought that having Obama in the White House might force Republicans to be real Republicans, and would have a Carter effect on the populace (i.e., Carter gave us Reagan).

Now the idea of an Obama administration scares the hell out of me. In four years he can ruin this country, starting with his wealth redistribution philosophy, and ending with a Supreme Court that will rubber stamp everything he's done.

Tallpine

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Re: OBAMA FIRES A 'ROBIN HOOD' WARNING SHOT
« Reply #8 on: October 15, 2008, 11:50:37 AM »
Fine, then - I'll just quit working and live off the dole :P
Freedom is a heavy load, a great and strange burden for the spirit to undertake. It is not easy. It is not a gift given, but a choice made, and the choice may be a hard one. The road goes upward toward the light; but the laden traveller may never reach the end of it.  - Ursula Le Guin

longeyes

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Re: OBAMA FIRES A 'ROBIN HOOD' WARNING SHOT
« Reply #9 on: October 15, 2008, 11:52:59 AM »
There is a phase in the evolution of a caterpillar when it goes to a black goo, a complete breakdown of its structure, before it moves on.  Convulsive metamorphosis, not gradualist evolution. Perhaps that is our national fate too.

The turning point will be when Americans say to hell with a "rule of law" they see as alien.  We are on our way to becoming aliens in our own land.
"Domari nolo."

Thug: What you lookin' at old man?
Walt Kowalski: Ever notice how you come across somebody once in a while you shouldn't have messed with? That's me.

Molon Labe.

charby

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Re: OBAMA FIRES A 'ROBIN HOOD' WARNING SHOT
« Reply #10 on: October 15, 2008, 12:59:49 PM »
There is a phase in the evolution of a caterpillar when it goes to a black goo, a complete breakdown of its structure, before it moves on.  Convulsive metamorphosis, not gradualist evolution. Perhaps that is our national fate too.

The turning point will be when Americans say to hell with a "rule of law" they see as alien.  We are on our way to becoming aliens in our own land.

May trigger massive civil disobediance, civil discent or civil war.

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MicroBalrog

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Re: OBAMA FIRES A 'ROBIN HOOD' WARNING SHOT
« Reply #11 on: October 15, 2008, 01:01:10 PM »
May trigger massive civil disobediance, civil discent or civil war.



Don't they say that every election?
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charby

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Re: OBAMA FIRES A 'ROBIN HOOD' WARNING SHOT
« Reply #12 on: October 15, 2008, 01:21:35 PM »
Don't they say that every election?

but $250K will probably be reduced to $40k or less when Obama figures out that very few people in the US make over $250k per year and lot more make $40K. Gotta do if for the folks who are too lazy to get a job.

Iowa- 88% more livable that the rest of the US

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TommyGunn

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Re: OBAMA FIRES A 'ROBIN HOOD' WARNING SHOT
« Reply #13 on: October 15, 2008, 02:33:33 PM »
Don't they say that every election?

No, actually, they don't .........
MOLON LABE   "Through ignorance of what is good and what is bad, the life of men is greatly perplexed." ~~ Cicero

Tallpine

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Re: OBAMA FIRES A 'ROBIN HOOD' WARNING SHOT
« Reply #14 on: October 15, 2008, 03:19:16 PM »
May trigger massive civil disobediance, civil discent or civil war.



All three ....  =|
Freedom is a heavy load, a great and strange burden for the spirit to undertake. It is not easy. It is not a gift given, but a choice made, and the choice may be a hard one. The road goes upward toward the light; but the laden traveller may never reach the end of it.  - Ursula Le Guin

Henry Bowman

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Re: OBAMA FIRES A 'ROBIN HOOD' WARNING SHOT
« Reply #15 on: October 15, 2008, 03:42:23 PM »
"Robin Hood" is not the correct moniker for Obama's plan.  Robin Hood stole from the rich and gave back to the poor.  The poor in those days were hard working people who were burdened by confiscatory taxes imposed by an elite, corrupt (and rich) few.  Obama plans to be the Sheriff of Nottingham who steals from the hardworking, but gives it to the less productive.
Send lawyers, guns, and money...
(or just sent guns and money to lawyers.)

Intune

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Re: OBAMA FIRES A 'ROBIN HOOD' WARNING SHOT
« Reply #16 on: October 15, 2008, 04:38:11 PM »
but $250K will probably be reduced to $40k or less when Obama figures out that very few people in the US make over $250k per year and lot more make $40K. Gotta do if for the folks who are too lazy to get a job.
You have it exactly right.  The $250 will drop down to $200, then $150, then he'll come back & tell us, "we need to tighten up our belts just a bit more because there are still people out there who need help, who aren’t proud to be Americans.  We need to finance these people so that they'll be proud like Michelle is now."  

"It was phrased wrong as "The Pursuit Of Happiness."  They meant to say the "Guarantee Of Happiness!"  They have a right to homes and everything else you "rich" people have.  Community workers will be in your area next week to levy your "contribution" to your fellow Americans.  The curfew will remain in effect indefinitely until we get a handle on these radicals who seek to avoid sharing the Dream."

Tallpine

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Re: OBAMA FIRES A 'ROBIN HOOD' WARNING SHOT
« Reply #17 on: October 15, 2008, 05:45:10 PM »
Quote
Community workers will be in your area next week to levy your "contribution" to your fellow Americans.

I have some lead to contribute :P
Freedom is a heavy load, a great and strange burden for the spirit to undertake. It is not easy. It is not a gift given, but a choice made, and the choice may be a hard one. The road goes upward toward the light; but the laden traveller may never reach the end of it.  - Ursula Le Guin

Intune

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Re: OBAMA FIRES A 'ROBIN HOOD' WARNING SHOT
« Reply #18 on: October 17, 2008, 09:36:39 AM »
Suppose that every day, ten men go out for beer and the bill for all ten
comes to $100.

If they paid their bill the way we pay our taxes, it would go something like
this:

               The first four men (the poorest) would pay nothing.

               The fifth would pay $1.

               The sixth would pay $3.

               The seventh would pay $7.

               The eighth would pay $12.

               The ninth would pay $18.

               The tenth man (the richest) would pay $59.

So, that's what they decided to do. The ten men drank in the bar every day
and seemed quite happy with the arrangement, until one day, the owner threw
them a curve.

'Since you are all such good customers, he said, 'I'm going to reduce the
cost of your daily beer by $20.

Drinks for the ten now cost just $80.

The group still wanted to pay their bill the way we pay our taxes so the
first four men were unaffected. They would still drink for free. But what
about the other six men - the paying customers? How could they divide the
$20 windfall so that everyone would get his 'fair share?'
They realized that $20 divided by six is $3.33. But if they subtracted that
from everybody's share, then the fifth man and the sixth man would each end
up being paid to drink his beer. So, the bar owner suggested that it would
be fair to reduce each  MAN'S bill by roughly the same amount, and he
proceeded to work out the amounts each should pay.!

                And so:

               The fifth man, like the first four, now paid nothing (100%
savings).

               The sixth now paid $2 instead of $3 (33%savings).

               The seventh now pay $5 instead of $7 (28%savings).

               The eighth now paid $9 instead of $12 (25% savings).

               The ninth now paid $14 instead of $18 (22% savings).

               The tenth now paid $49 instead of $59 (16% savings).

 Each of the six was better off than before. And the first four continued to
drink for free. But once outside the restaurant, the men began to compare
their savings.
 
'I only got a dollar out of the $20, 'declared the sixth man. He pointed to
the tenth man,' but he got $10!'

Yeah, that's right,' exclaimed the fifth man. 'I only saved a dollar, too.
It's unfair that he got ten Times more than I!'

'That's true!!' shouted the seventh man. 'Why should he get $10 back when I
got only two? The wealthy get all the breaks!'

'Wait a minute,' yelled the first four men in unison. 'We didn't get
anything at all. The system exploits the poor!'

The nine men surrounded the tenth and beat him up.

The next night the tenth man didn't show up for drinks, so the nine sat down
and had beers without him. But when it came time to pay the bill, they
discovered something important. They didn't have enough money between all of
them for even half of the bill!

And that, boys and girls, journalists and college professors, is how our tax
system works. The people who pay the highest taxes get the most benefit from
a tax reduction. Tax them too much, attack them for being wealthy, and they
just may not show up anymore. In fact, they might start drinking overseas
where the atmosphere is somewhat friendlier.

               David R. Kamerschen, Ph.D.
               Professor of Economics, University of Georgia


Bogie

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Re: OBAMA FIRES A 'ROBIN HOOD' WARNING SHOT
« Reply #19 on: October 17, 2008, 09:54:19 AM »
Someone needs to ask Obama what his LONG TERM plan is... What does he intend to do when over 50% of the people are getting by on the labor of the minority? How does he intend to force the minority to keep going?
 
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Manedwolf

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Re: OBAMA FIRES A 'ROBIN HOOD' WARNING SHOT
« Reply #20 on: October 17, 2008, 10:16:00 AM »
Someone needs to ask Obama what his LONG TERM plan is... What does he intend to do when over 50% of the people are getting by on the labor of the minority? How does he intend to force the minority to keep going?

You will not question your job in Tractor Factory #31, comrade.



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« Last Edit: October 17, 2008, 10:22:33 AM by Manedwolf »

longeyes

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Re: OBAMA FIRES A 'ROBIN HOOD' WARNING SHOT
« Reply #21 on: October 17, 2008, 11:49:41 AM »
Obama's plan is to turn the "underclass" into the ONLY class.

Too bad the middle-class in America is so starry-eyed and deaf.  Why anyone above the poverty line would vote for Obama is the key question about our culture in 2008.
"Domari nolo."

Thug: What you lookin' at old man?
Walt Kowalski: Ever notice how you come across somebody once in a while you shouldn't have messed with? That's me.

Molon Labe.

Intune

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Re: OBAMA FIRES A 'ROBIN HOOD' WARNING SHOT
« Reply #22 on: October 17, 2008, 12:59:24 PM »
Obama's plan is to turn the "underclass" into the ONLY class.

Too bad the middle-class in America is so starry-eyed and deaf.  Why anyone above the poverty line would vote for Obama is the key question about our culture in 2008.
It's worse than that.  It's not just the middle-class.  One of our neighbors down the street has an Obama/Biden sign in their yard. 

No biggee, right?


Their house appraised at 1.2 million last year.  :O

Their son tells mine that W planned 9/11.

America has collectively gone insane.

Or is it me?

sanglant

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Re: OBAMA FIRES A 'ROBIN HOOD' WARNING SHOT
« Reply #23 on: October 17, 2008, 01:08:56 PM »
America has collectively gone insane.

Or is it me?


its just what you end up with when you reward stupidity  =(

Big Hairy Bee

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Re: OBAMA FIRES A 'ROBIN HOOD' WARNING SHOT
« Reply #24 on: October 17, 2008, 01:46:01 PM »
How Taxes Really Work
To start with . . . .
In the US and throughout most of the rest of the world, the tenth man would have paid off a politician for $10 to get a beer subsidy of $30 per night(to create jobs for the bartender). Of this $30, $10 of course would have covered the lobbying expense, $10 would go in his own pocket, $1 would go to the bartender to keep his mouth shut, and $9 would go to the bar.
The Bar would give him a kickback of $10 each night for bringing in his 9 buddies to make them into alcoholics, repeat customers for life.
The Bar would then raise their prices to $130 citing inflation and higher taxes.
The tenth richest man would then secure his finances in a Dutch Holding Company managed by a trust in Ireland which invests in Chase and Bank of America. He would then explain to his buddies that he is as poor as the rest of them and can’t afford to pay himself as he cries into his beer that night citing his latest financial report which shows him to be broke on paper so that he doesn’t have to pay taxes in the United States ever again.
Citing his former generosity, the other nine men would agree that the tenth man can now pay nothing like the 4 poorest.
The others would then be faced with an adjusted amount of
•   The fifth would pay $3.
•   The sixth would pay $10.
•   The seventh would pay $22.
•   The eighth would pay $38.
•   The ninth would pay $57.
Now the group would recognize that this is not fair and so would lobby the Government for an Earned Drinking Credit for the Poorest men. The government would oblige and give the four poorest men $2 each, but they would tax the 5th - 9th men $2 each as well.
•   4 men receive a total of $8 and 5 men pay $10.
The adjusted amounts would then look like this for all 10
•   First Receives $2 pays $2 | Net 0
•   Second Receives $2 pays $2 | Net 0
•   Third Receives $2 pays $2 | Net 0
•   Fourth Receives $2 pays $2 | Net 0
•   Fifth Pay $1 to bar pays $2 to tax | net paid $3
•   Sixth Pay $8 to bar; pays $2 to tax | net paid $10
•   Seventh Pay $20 to bar; pays $2 to tax | net paid $22
•   Eighth Pay $36 to bar pays $2 to tax | net paid $38
•   Ninth Pay $55 to bar; pays $2 to tax | net paid $57
•   Tenth Man:  Tax Credit Received: $30 ;
Pays $10 to politician;
$1 to bartender;
Receives $10 from Bar
Net RECEIVED $29 per night and free beer
Of course this can not go on forever as the sixth, seventh, eighth and ninth men can’t afford to pay those rates forever. So they start paying with their credit cards held by Bank of America and Chase.
The tenth man would start demanding a higher Return on Investment from his investment managers, who would be hearing similar requests from all of their other investors. They would then expand their holdings into mortgaged back securities where a good deal more profit could be made.
Meanwhile the Fifth through ninth men are racking up debt on their credit cards from drinking every night, their health care costs are increasing as their liver fails, and they are also spending more on gasoline as they drink and drive as they can no longer afford to cab it.
Ultimately, they end up refinancing their credit cards into their house where they have equity. The mortgage broker promises them a 4.9% interest rate on the refinance which sounds good as their credit card interest rate is up to 21%. The broker promises them that they will not have to verify their income, provide W2’s nor copies of their tax paper work.
Their mortgage broker doesn’t tell them, but lies about the value of their house in order to refinance their credit and help them avoid paying private mortgage insurance. At their current income levels, and without verifying their income, their mortgage would be classified as Sub Prime and the interest rate would be 10.9%
The mortgage officer lies about their income levels as well to boost the internal credit scoring mechanism and get them financed, not at 4.9% but 5.9%, which is better than 10.9% and happens to pay the mortgage broker a higher commission than a loan at 4.9% that is not sub prime.
The mortgage broker also promises them a payment of $900 per month, but fails to mention the balloon payment of $50,000 in the 5th year and doesn’t mention the adjustable rates in year 3.
The men separately show up with a hangover and sun glasses on the date of their close for their new mortgages. They trust their broker and do not read the paperwork in detail flipping and signing almost as fast as they could raise a beer bottle to their lips.
The loan closes, the mortgage broker gets a fat commission, the bank securitizes the mortgages by selling them to an Irish Hedge Fund and pockets collectively a billion dollars in profits that year.
The hedge fund holds the investment for a year, shows a 35% gain on paper and starts selling shares to retirement funds and 401ks in the US that the Sixth through 9th men just happen to have the rest of their life savings sitting in.
The tenth man sees the writing on the wall, literally magic marker on a stall in the restroom of the bar.
“The end is Nigh”
He pulls his money out of the Irish Hedge fund invested in real estate and invests in Gold at $600 a troy ounce.
Meanwhile, he lobbies congress to tighten bankruptcy laws for credit cards which he still has a sizable investment in. Congress tightens bankruptcy laws and makes it impossible to absolve credit card debt, forcing people into chapter 13 where they must pay off the debt within 3 years or go to debtors prison where they can work it off in 7 years.
Gas prices are still going up so the President ignores a minor terrorist threat, allows the terrorists to blow up a major building and then goes to war with the terrorists home country where there is no oil, and simultaneously with a country that sits on 10% of the worlds oil reserves that has a decimated military infrastructure.
Oil prices shoot through the roof with Gold following close behind. The President whose family comes from oil barons make a fortune and become famous at their skull and bones country club outside of Yale.
Meanwhile our famous 10 guys, start paying even more money at the pump. The first 4 guys end up taking second jobs working at Wal-Mart and have to give up drinking at the bar so that they can try and beat their teenage kids out of a promotion.
The fifth and sixth guys get foreclosed upon. They were forced to stop paying their mortgage payments so that they could pay their mandatory credit card payments as required by the new bankruptcy law.
The seventh, eighth and ninth men all previously traded up their homes for McMansions that they can not afford with interest only payments of $2300 a month. When foreclosures start happening their plans on flipping their McMansions and cashing in on the equity slips through their fingers.
To make matters worse seven and eight get laid off from the companies they work for when their jobs get outsourced to China. The ninth man keeps his job at a law firm, but fails to notice that his 401k fund is slipping and has lost 10% in the last year. Things are looking up as his law firm seems on the edge of landing a big contract with Merrill Lynch.
Then the real estate crash and sub prime mortgage scandal erupt. Banks start dropping like flies to be saved not by the cash strapped government that can barely afford the war for oil any longer, but by China. Oil and Gold soar, Gold hits $900 a troy ounce and Oil hits $130 a barrel (about the same amount for 10 rounds of beer prior to the crash). Beer prices hold steady for the first few months, but then start to edge up as gas prices for delivery creep into the bar owners expenses.
Then the first four men one night remember their favorite bar. They sneak around back around 4:30 am and steal 50 empty kegs that just happen to be made of pure aluminum. Those kegs are now worth about half the value of a keg that is full in scrap metal prices or about $80.
They are not stupid and don’t want to get caught turning the kegs in at the dump where the police are already looking for keg thieves. So they head out to the closed down manufacturing plant where they used to work. They start a big fire, and melt down the aluminum into big messy aluminum splashes on the cement.
They turn in the aluminum for cash and get caught up on their back alimony and child support before heading back to work at Wal-mart where they now work for their teen age kids that beat them out for that promotion earlier in the month because their job skills weren’t as good as recent high school graduates.  They then begin dreaming of new ways to find aluminum alimony allowances.
Meanwhile, the banks and mortgage companies lobby congress spending about $10,000 a head in an election year to bail out the economy. Congress provides the major banks with government backed loans to refinance the bad sub prime loans so that the government can personally guarantee those bad loans. They also put $100 billion of actual cash into the hands of Americans hoping to stimulate the economy.
Americans however, are all in debt up to their eye balls and use the extra $1200 they receive to make 2-3 credit card payments. They take the $300 for each kid and buy groceries for the month and then they start worrying about next month.
The banks get away free as they have Chinese financing now and no bad loans as they have refinanced them over to the US Government. The US government had to print more money to pay for all of these actions and so Gold goes up to $1500 a troy ounce.
The tenth man is now worth Billions and moves to Costa Rica to retire taking the new trophy wife that used to be the bartenders girl friend with him.
The first four men end up going to county prison for 3 months for stealing aluminum dog crap receptacles after running out of kegs to steal.
The fifth and sixth men end up living in an apartment and then homeless after they lose their jobs at Wal-Mart.
The seventh and eighth men whom we previously left hanging in our story after they lost their jobs and ability to pay for their homes, end up losing their homes, and their kids. They and their spouses are each convicted of mortgage fraud by the FBI in a major sting operation after it is revealed that they lied on their mortgage applications. Their mortgage brokers who actually did the paper work cop a plea agreement in exchange for immunity with the Feds and rat out each of their unsuspecting customers.
The ninth man ends up losing his entire retirement fund which took a big hit as the dollar rapidly plummeted into free fall. He ends up refinancing his own house under a government backed loan for $650,000. Unfortunately, a tornado comes through that winter in a freak coincidence and levels the home. FEMA promises to provide assistance but never shows up and the ninth man freezes to death attempting to salvage the shreds of his belongings. His home insurance policy refuses to pay as they claim that his house was over valued and then they prove it with comparables studies from his own mortgage brokers database.
The tenth man ends up dumping his new bride a year later, moving back to the states a year after that when the US appears to have hit rock bottom and he leads up a Chinese real estate investment initiative in the states. He makes another $10 billion in ten years, but is then executed in Beijing for espionage.
Meanwhile, the bar tender goes on to win American Idol and sleep with Paula Abdul. They are now blissfully happy, doped up on anti-psychotics, and the biggest two idiots the world has ever seen.