It looks like the bears have control of this fucker again. However, be careful of late day Friday fuckery. There are still plenty of cheerleaders left, more than willing to gamble their life savings on the concept of a bottom.
With my money, I remain pussified in cash, due to reasons that cannot be explained to simple folk, like you. Do not fear, Senor Tropicana will be out and about busting skulls with spiked baseball bats soon.
In the meantime, enjoy trying to navigate this market on your own, sort of like a ‘tard trying to complete the Rubik’s Cube (it’s in style to make fun of retards, a la President Obama).
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Is a full week in cash unprescidented for you? Its pretty impressive discipline.
At least Obama didn’t do the tard walk and beat the back of his hand against his chest.
IYR will be green today. Long URE.
Wish I stayed in cash. Once again, I fought the Fly and the Fly won.
Being that today is triple witching there should be some wacky activity…
loading the F-150 with DUG..! fuck all shitpants politicians…
J, come on, it’s not the cost of the re-model, it’s the fact they are doing it.
These asshole CEO’s are playing us taxpayers…PLAYING US MAN….
These motherfuckers are playing us and playing the system. They are taking money for free from us and if things go worse they will just simply not pay it back and we the taxpayers will have to have our taxes raised to recoup the money…..(meanwhile they are receiving millions in salary that goes into their private bank accounts)
I don’t care what anyone says, these bailouts are unsecured loans, they have nothing backing them but good faith (which I don’t subscribe to)
when you put up for sale a busted bank what is there for sale? nothing, even the buildings are mostly leased….they own nothing…..
when you have a company that its whole business is “service” and or “consulting” and lease and building, and they borrow money with nothing backing it but a business model written on paper, and the company goes belly up, what the fuck does the loan originator have to sale to re-coup the loan? fucking nothing…
The Bears have control? Is Rex Grossman still the QB? The Bears still suck. The Dow is down like 90pts in 2 days folling a 20% rally. LOL
artist:
There are management changes there, the downsizing, people need to work closer to with other people than they were. this also takes money. This is what firms do.
micromanagement doesn’t work.
Sammy Sosa’s bat was spiked, too.
No hablo ingles said Sammy when asked about it.
Mushrooms-
Exactly!
My guess is that The Fly is starting a new fund and is unable to make any moves until the new account is funded.
This article puts the public outrage over AIG bonus payments into proper context.
http://www.bloomberg.com/apps/news?pid=20601039&sid=atlHxXH7FweQ&refer=home
I really think the Fly is working the tourney as a ref this week
If the fly is starting a new fund (per kidstock rumor) count me in.
“”america is a country ruled by law, we honor contracts and can’t break them””
what a joke, anyone in business knows that contracts are broken all of the time, why did no one raise a stink about the contracts the UAW had to break when they went begging for money?
My guess as to why Fly is in all cash is that he has to pay his huge tax bill from last year. He made so much money off the fuckery that was 2008, that he needs to free up hoards of greenbacks to pay the piper.
Fly don’t forget to bring mustard when you come back over after the half. We’re all out over here and the kids hate brats without mustard.
Fly went on sabbatical from the market the same day Bernie Madoff
went to prison.
Coincidence?
what the fuck is a jarret
Yea, that’s right, contracts are broken frequently, however the rule of law doesn’t say you can brake a contract, walk and the injured party can’t seek redress. Your analogy is simply absurd.
What the AIG bonus issue does is different. There were legitimate contracts there and now the state because of populist tendencies is doing its best to walk away or punish those those that signed onto those contracts and zero out their consideration.
Good work scooter. I hope you called your congressman.
If you think that’s fine, then you’re a freaking fool.
So what’s the result? The the best people will walk away and the government will end up getting even more fucked.
So next time somone earns a lot of money that the public doesn’t like they will just call their congressman and ask that they rise their tax rate to 90%. What a fucking mess.
Now that the shittiest season of the year, winter, is over we can enjoy spring!
Why is there not a joint hanging from Michael Phelps’ mouth on that there picture?
Jarret: Good luck with that as “The Fly” does not accept dirty, internet monies. Unless of course you subscribe to PPT.
Yea that’s an interesting point you made there, Anton. Now is the fly a flight risk?
How do you think he got his nickname?
I can see it now. Fly has all his cash (likely 8-9 figures plus) spread out on the floor of a walk in freezer bundled in 10K increments.
Good times.
Good opinion re the AIG bonuses below.
I wanted a 95% tax on Greenberg’s total income over his time at AIG, too, because it’s obvious now that they were committing fraud all those years — selling insurance without the requisite reserves to make good on that insurance — and that old fuck will be long dead before a lawsuit can work its way thru the courts. But I’m not a lawyer and this pigfest hearing with Barney Frank demanding “the names” tells me this is probably not as good an idea as I first thought.
Wanted to do the same tax thing with the C level execs and the board, too, along with the Dick Fulds of the world, as well. Would settle for a public tar and feathering, but we’re probably 6 or 7 months away from the wisdom of that idea gaining traction.
http://www.nytimes.com/2009/03/20/opinion/20johnson.html?_r=1&ref=todayspaper
Why is there not a joint hanging from Michael Phelps’ mouth on that there picture?
Fly’s new endeavor: Swim Coach and Mentor
I’m short for the day
I’m short for life.
Boo-YAH!
test
E8, Phelps uses a bong. That’s the way he rolls.
what a joke, anyone in business knows that contracts are broken all of the time, why did no one raise a stink about the contracts the UAW had to break when they went begging for money?
If contracts are broken unilaterally then the harmed party has redress in the courts. That’s how the system works. It DOES NOT WORK if laws are crafted by legislators to steal one’s money.
As for your UAW example, I’m pretty sure that was a renegotiated contract, and therefore not a unilateral breaking, and therefore completely irrelevant as an example.
________________
Says:
Yea, that’s right, contracts are broken frequently, however the rule of law doesn’t say you can brake a contract, walk and the injured party can’t seek redress. Your analogy is simply absurd.
What the AIG bonus issue does is different. There were legitimate contracts there and now the state because of populist tendencies is doing its best to walk away or punish those those that signed onto those contracts and zero out their consideration.
********************************************
How the fuck are AIG contracts “more legitimate” than the UAW’s? You smokin’ DOPE?
Not only should they TAX those shithole bonuses away, they should publish the names of those who don’t return them, and cut their fuckin’ heads off by guillotine in Central Park.
I’ll push the wheelbarrow with the severed heads!