iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,426 Blog Posts

Jackasses

You don’t have to wait on line, inside of some cesspool, germ infested toy store. Instead, go to the internets and shop there. For example, instead of buying Dad a new LED-LCD teevee, buy him an annual subscription to The PPT. The kids wants video games? Forget about that. Get them a lifetime subscription to The PPT, with a special message under the tree “go get ’em kid.”

Life is all about out-gifting other family members. Nothing says out-gift more than an annual subscription of The PPT.

This message was paid for by The Really Egregious Union (TREU).

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56 comments

  1. ChrisBrown

    http://en.wikipedia.org/wiki/Buy_Nothing_Day
    I participated

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  2. Teahouse On The Tracks
    Teahouse On The Tracks

    FISC

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  3. Mr. Cain Thaler

    Treu, as in Jason?

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  4. Xenophobe

    Is that advertising by the PPT really cost efficient? The banner above Hollywood on fire is a good idea only if the price was right. The season of Scrooge is here and stingy frugal spending must be adhered to as sound business practice. Good day.

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  5. Mushroomz

    help destroy that video professor asshole http://bit.ly/4MKbhl

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  6. MOOBS

    There’s a lifetime membership?

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  7. Dr Fly

    Oh, the video professor must die.

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  8. Homo Bob

    The alternate to boring internets shopping: http://www.youtube.com/watch?v=og3tTBEkEEo

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  9. MOOBS

    Perhaps Video Professor could replace Angelo Mozillo on iBC?

    What could he symbolize?

    Gold trade?

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  10. j

    There’s a life time membership? Yes, but you pay in annual installments. LOL.

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  11. MX2101

    I think a lifetime pass offer generally indicates the business has cash flow problems or believes that it won’t last forever, or you will leave eventually anyway.

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  12. gappingandyapping

    * BLACK FRIDAY RETAIL SALES INCREASE 0.5 PERCENT AS COMPARED TO 2008

    Hmm… Doesn’t look too hot to me. But I guess its better than a decline.

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    • DSB

      Yeah but last year people were scared shitless after the October fuckery. What’s up with this year? The savings rate has jumped up to 3%, so these numbers tell me that people don’t trust shit right now, or they’d be shelling out duckets.

      I, for one, am making each member of my family a popsicle stick throwing star for Christmas, a popsicle stick business card/pen holder, and a popsickle stick picture frame.

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      • JakeGint

        LOL…

        I especially like the use of “duckets” in the above, despite the treu (sic) spelling being “ducats.”

        Your’s is far preferable.

        ___

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        • DSB

          Indeud, a thousand thank-you’s for the correction. I use that word with rich folk’s whenever possible.

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          • JakeGint

            “Duckets” (pronounced exactly that way) is a Lawn Guylandism of long renown.

            You are spelling it correuctally (sic) in that idiom.

            __________

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    • A monkey with a dart board
      A monkey with a dart board

      0.5% increase over last year? Last year was in the shitter! Any improvement would have been a huge improvement over last year. So this year BF is 0.5% greater than last years CRAP results.

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  13. sandfleas

    Fly has just checked his cost basis on GMCR,
    that is why he is pumping the PPT.
    The three Keurig models I saw at Target
    were the most expensive among a long line
    of other brand-name coffee makers.
    If money is tight the consumer may
    opt for a cheaper model.
    I really liked the Big Red Kitchen Aid
    20-cup industrial model although it would
    likely clash sitting on the counter of anyone’s kitchen.
    Cheers

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  14. Dr Fly

    Shut up. Not everyone is a broke ass bitch like you. People buy apple products don’t they? Why do they? Once you answer that you will know why GMCR is going higher.

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    • sandfleas

      That’s why I’m a flea and you’re The Fly.
      However, I do have a full-year subscription to The PPT,
      so I can’t be THAT broke.

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    • JakeGint

      You were listening to Rush this week on said CrAAPL subject, no doubt. Just caught that on the weekend re-run (which is the only time I ever hear him*).

      ________
      *As an aside, I always wondered how the guy got to be so wildly popular despite being on from 12-3, at a time when most of America is (should be?) working.

      _____

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  15. arch

    im not looking forward to the “orderly decline ” in the markets this comming 2 weeks ..i want doom and gloom ..and i want it now

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  16. Takemetoyourleader
    Takemetoyourleader

    Good work Americans

    Your government fucks you, your economy is in shambles and still you line up in malls like sheep

    meanwhile in Geneva people with brains and sans a diabetes pandemic are throwing Molotov cocktails

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    • DSB

      Whatever fuck face. We are lining up in stores because everyone we import from is willing to bend over and spread their ass cheeks to get fucked by the exchange rate, so that the “Great American Consumer” can keep buying k-cups and plasma TV’s. They don’t do that for Swiss fucks. Last I checked gas in Geneva was $6/gallon.

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      • JakeGint

        What’s worse is that dipshit is not even talking about normal Swiss folk, but the asshat anarchist trust fund jerkoffs getting their rocks off (literally) by protesting the lack of Marxism in the Western World these days.

        Truly, he is a brain-damaged commentator, and likely a Eurotard of some order.

        ______

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    • Dr Fly

      YOU SAY GENEVA, I SAY HELSINKI!

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  17. Hawaii Five0

    Mrs. Hawaii Five0 has promised me an annual subscription to The PPT for Christmas even though she seem to have not the slightest that there may be a relationship between that gift and ultimately more stuff for her.

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  18. Damon

    Does anyone remember about 10 months ago when the MGM Vegas City Center (with their Dubai partners) was about to implode?

    Notice how the problem just kind of went away?

    MGM stock went from like $1.50 to like $16?

    O.K. Haji, I might need to get LONG on this Dubai/Abu Dhabi b.s………and then wrap a huge towel around my head.

    The big boys are NOT going to let bad things happen here, are they?

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    • sailorboy

      ummm…the mgm problem has not gone away, people have just stopped talking about it. cds vultures started circling this one when debt payments were put on hold. the company needs to figure out on its own how to make whole soon because hedged holders of debt are more interested in letting it rot than restructure in a civil manner. the next chapter to this story begins dec 16, and unless it finds some magical way to make two debt payments, we will soon hear talk of debt-for-equity on this junker.

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  19. Tim Knight

    Hi Fly,

    I have applied on numerous occasions to the PPT, but why won’t you accept me? Is it because of me jinxing FTK?

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  20. MX2101

    Recent weekends I’ve noticed tons of shoppers at the local mall, the parking lot was full, people moving towards the doors with anticipation and the dazed look of determined buyers. I figure they should either be patted on the back for circulating dollars through the system, or whacked up side the head for spending their money when they should be paying off debt. I just wanted a parking space to go in a grab a burrito at Chipote.

    Gotta love a certain segment of the American people- as long as credit cards and ATM machines work, they party on.

    In the fearsome days earlier this year, drivers were speeding by me at 75 mph in their huge SUVs, in the face of 10 dollar gas and Great Depression II. Some just don’t get it until the storm is here, then they become the angry mobs.

    I fear the Jackasses who are unaware and in denial.

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    • JakeGint

      Very trenchant article on this exact subject by George Will.

      Summary — Most Christmas gift giving is hideously diseconomic and we should break ourselves of the habit.

      __________

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      • MOOBS

        New trend here, at birthday parties: gift cards. Usually Target or Walmart. $15 – 20. Kid invites 10 friends, gets $200 in gift cards, goes on a shopping spree.

        Seems impersonal to me, but my son loves it.

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        • JakeGint

          Yeah, same w. us. Like cash, but seemingly, less unseemly.

          Of course, the goombahs have done “cash only” for generations.

          _________

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    • Damon

      As the great H.L. Mencken once said:

      “Never underestimate the taste of the American public”

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  21. dxbtrader

    Update on the Dubai situation, the UAE Central Bank just gave all local banks and “branches of foreign banks” (HSBC, Barclarys, Citibank etc) access to a “special liquidity facility” at 50bps over 3 month EIBOR, EIBOR (Emirates Interbank Offer Rate) stood @ appx 3.0% as of Wed last week.

    We have seen very heavy indicated order flow from Foreign Institutions, appx USD 1bln so far for a mkt with an avg daily turnover of USD 200mln this year, and around 100mln this month; I expect that a significant portion of those selling orders will be on the sidelines until after the market opens as there is an expected press release @ the mkt open from the Dubai govt.

    Personally I see this as a huge opportunity to get long for a s/t trade, I’ll be up early looking @ Nikkei/Hang Seng futures as well as Oil early tomorrow morning; Korea mkts got hit significantly hard last week from this Dubai news due to their level of exposure, I’d expect there to be a nice pop back in non-MENA/GCC markets tomorrow.

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  22. surplusdroids

    Thank you for the update DBXTrader.

    Trying to think this one through..
    Wouldn’t this liquidity offer be more of an offer to “stop a run on the banks”?

    As opposed to guaranteeing the debt.
    (Two different ideas with different functions altogether.)

    I would expect that the 50 basis points increase would get passed to any borrower as well.

    (Effectively creating more debt)

    Thank you very much for the insight.

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  23. Teahouse On The Tracks
    Teahouse On The Tracks

    From OEW:

    “Support for the SPX is at 1090 and then 1061, with resistance at 1107 and then 1133. Short term momentum was at oversold levels on Friday and remained there into the close. As noted above it appears we have five waves up from the SPX 1029 low into the recent highs. Over the past two weeks the SPX has traded above 1110 on five separate days, and has not been able to break through the OEW 1107 pivot range on any of those days. In fact, over the past three weeks the market has appeared to be churning. During this period each Sunday night the USD was sold heavily overseas, the SPX surged on Monday, and then went flat for the rest of the week. This action is similar to the churning action at the top of the last uptrend.”

    We can tolerate a drop to SPX 1061 but a larger decent into the 1018 pivot zone (1010 – 1025) would confirm the end to this bear rally … long but cautious with plenty of cash.

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  24. Mushroomz

    Wow Titans win 5 straight and are in the playoff hunt. Amazing game. Chris Johnson and Vince Young are fun to watch, glad I have NFL Ticket on days like this.

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  25. mrkcbill

    Vince Young Takes it Coast To Coast.

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  26. mrkcbill

    Hey Caddy, what in the Hay How is going on with Tiger?

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    • TraderCaddy

      It’s the first time I have seen Tiger slice into a tree like he did.
      The sad part is that this makes Phil Mick. look like Husband of the year (ask any PGA tour player the scoop on him).

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  27. Bobby Boucher

    Bounce coming soon (early this week coming up).

    Not sure what the PPT hybrid score is, but bet it’s pretty close to the magical 2.20 level. I base that guess on the % of S&P stocks above their 10-day moving avg which is pretty close to its magical level of 20%. Seems to work pretty well as a cheap bastage’s PPT hybrid score.

    http://www.indexindicators.com/charts/sp500-vs-sp500-stocks-above-10d-sma-params-x-x-x/

    fid

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