Assholes. Like Nike, just do it. Buy the banks or oil will go to $1,000 and you will die.
Hank Paulson, U.S. Banking Bailout Team, Goldman Sachs
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Joined Nov 10, 2007
23,431 Blog Posts
The hell with buying banks. I’m buying canola oil any time it goes on sale. Fly wishes he could increase his portfolio value as fast as the two bottles in my cupboard have risen in value. I was in the store last night, and the 48-oz bottles were $5.50-6.00.
Energy prices will mean some frozen seniors in the Northeast this winter, but some of them will be spared that fate, because they will starve before the cold weather hits.
At some point, Bernanke is going to have to abandon housing and the financials and try to prop up the dollar. Picture “Weekend at Bernanke’s”
GS will not fail, oil still goes to $150, we win while the common man continues to be poorer then ever.
Such it is as it as.
For now.
shanghai at new 52 wk low
I think I’ll actually listen this time. Probably just a quick “in and out”
all this talk about buying banks is giving me a rash.
You know how I know inflation is coming with a large 10 kilo hammer?
Because suppliers (ie, “the middlemen”) — who were so beaten down for years and years about pricing that they fear raising their own prices to their customers even to this day — are RATIONING, in order to limit their price increases.
Yes, this country is becoming like the Soviet Union — albeit on a temporary basis — because these poor fuckers have been so conditioned not to raise their prices that they are going the other way and limiting supply at “price X.”
This is happening even in bullshit ingredient industries, like “hops” for goodness sakes. That’s right, I just read a story in my local biz press about how hops that used to go for $1.75 a (whatever the unit of measure was), now sells for $3.79 a whatever, but only to customers that agree to buy X much more of the suppliers products!
Keep in mind, this rationing is all a voluntary action at this point. All these suppliers are trying to do is “cushion the blow” for long time customers. But how much longer do you think that shit is going to go on before the flood gates are really opened?
Make sure you have silver and gold, gentle persons!
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Speaking of the twin devils… Yammamato down 40 centiemes, whilst gold up almost $14.
Watch this space.
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I’m no CNN fan, but this Poppy Harlow person may be even better looking than Liz Klayman in her prime.
And that’s saying something.
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Which one is Hammerin’ Hank, again?
Both?
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Holy crap – something is wrong in Asia – everyone but the Chicoms are relatively calm – what gives – I get freaked out when those mkts don’t move more than 1% – is the whole world waiting for good GS numbers and gov’t manipulated inflation numbers tomorrow?
These posts in general are pretty fucking epic. They should be combined with Adam’s tome on Lenny and sold via internets.
Fly your time machine is alittle off. Willie got fired today (before the All-Star break), however CHL isn’t tradin in the $50s. What gives? I’m still in CHL short. I think you may have left the fox hole early.
http://news.yahoo.com/s/ap/20080617/ap_on_sp_ba_ne/bbn_mets_randolph_fired
This market is going to get BLIND SIDED. RC will like this.
Jake:
http://www.leverageagency.com/img/headshot/poppy-harlow.jpg
Poppy Harlow works with Leverage Agency’s clients on media training and brand positioning. Poppy has been a news anchor and reporter for New York 1 News as well as cbsnews.com, theshowbuzz.com and has expertise in broadcast and print media.
She has covered events ranging from the UN General Assembly to the Tribeca Film Festival to New York City Fashion Week and has worked with CEO’s, NBA and NFL athletes on interviews and media training. Poppy graduated Magna Cum Laude from Columbia University where she studied Political Science and Middle Eastern Studies.
Poppy was born and raised in Minneapolis and has lived in New York City for the past six years.
Alias: BPOE
I hope Mccain doesn’t use Carly Fiorina for any advice. I worked for her. She lived in her on world. Everything was top down with no imput from below. She promoted female employees to positions they could not handle. I give a lot of credit to Mark Herd. He has to undo her bullshit. The first thing Mark did was sell her 3 personal jets. Oh yea I fuckin Quit HP after 6 months. Life is to short to kiss ass to stupid people. Fuckers!!
Long CME on the announcement. Long rig below 145, just buy it. I want to get long diapers too because people will be shitting themselves when they see their heating bills this winter.
FLY,
I just got back from fucking that goat, and let me tell you, it wasnt pretty. The damn thing gave me a chocolate helmet in the process
Anyways, my comment on sell the news yesterday turned out to be right- refer to your “buy the banks”. I said that aftet the ralley we had the past few days, that it wasnt a good call and that you were better than calling for that trade.
Now that Ive fucked an actual animal for no reason other than you telling me to b/c I had no idea what I was talking about, Will you know go fuck a goat? A cat or dog will do if you cant get out of the house.
Let me know, if you close your eyes and think about the wonderful fabulous Erin Burnett, it makes it a lot easier.
ZION- Down big
CMA- DOWN
UB-DOWN
Alias: BPOE
For some reason I think the Fed is allowing high oil ETC so the Hedge Funds can recover losses. Like ok guys the gate is open util after the olympics. We can blame China for the decrease in oil just in time for the elections.