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
23,473 Blog Posts

Prepare For the Best Jobs Report in the History of America


Coming this Friday, in the midst of nuclear catastrophes and war, the February employment data will be released. Based upon on the laws of BARACKenomics, I expect to see nothing less than fantasy. With the Federal reserve busy pumping away at the U.S. economy, raping the dollar of its dignity, I sense a surprise on the horizon.

What this country needs is hope, then change, then lobster rolls with warm butter lathered sloppily into American faces. We need to make believe shit is good. Therefore, we need to report a falsified jobs report, in order to placate those pesky republicans who want to fuck with earmarks. The democrats must fend off their detractors by disseminating positive news, in support of the current regime. This has been done before. Please study the rise of the Bolshevik Party. Thanks.

As you well know, the Obama administration is giving war a chance, for humanitarian reasons. Do not be fooled by his dumbo-like ears: he is a great man. He is saving countless of innocent and helpless armed rebels from certain demise. Moreover, he is punishing an evil dictator, who hogs light sweet crude, and doesn’t share that shit with others.

The TIME IS NOW, FUCKERS, for falsified economic reports to be distributed ad hoc. Are you man enough to play the game? Will you be there when the clowns nose is punched in and only jelly squirts out?

Disclosure: Long MWW, considering KFRC, KFY and ASGN.

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63 comments

  1. Woodshedder

    BIG

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  2. First

    First says: first

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  3. First

    Ok, second

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  4. kedzilla

    Space helmet has been on this entire week in anticipation.

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  5. YaBollox

    Could ADP be correct for once?

    “”The ADP report showed that U.S. private-sector companies added 201,000 jobs in March, while its details illustrated a “solid gain in small-business employment””

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  6. Dr Genius

    got a call from Chairman Bernanke. He said that we arent done going up yet.

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    • Trading Nymph

      Actually if we get a great Non Farm Payroll NFP on Friday. They will be doing the “Happy Dance” until everyone realizes that with employment getting better the QEing has achieved its goal and talk of exits and rate hikes will come on radars…finally.

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      • Indie

        Nope.

        QE ain’t done yet until dollar is completely debased. It might be called something else. But hey… Why stop something that is creating jobs, liquify markets and doesn’t create inflation. It’s perfect and we love it. All those social services are paying themselves up. If anything we need to increase printing, social services, and gov stimulus of all kind.

        Be well.

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        • Trading Nymph

          Knock, Knock….Who is there….Inflation,…..Inflation who. IMHO look at the container ship rate over the last year, etc…FED has stronger employment data and inflation coming, that doesn’t equal QE forever.

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  7. Cloris Leechman

    Life is just a fantasy
    Can you live this fantasy life
    Outasite
    Buy your kicks from the man in the white
    Feels alright
    Powder pleasure in your nose tonight
    See the men paint their faces and cry
    Like some girl it makes you wonder why

    http://www.youtube.com/watch?v=GylirgHFqeQ

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  8. Bullish

    Can’t wait to see Steve Liesman’s face when he hears 1 million jobs created in Feb ’11. Gonna be classic. He will just look square into the camera and flick off Rick Santelli, then call him a bitch.

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  9. MOOBER

    Dark. Probably spot on.

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  10. JTU

    Fly!
    I am a Canadian who owns a substantial part of my portfolio in American stocks. I am getting whacked on the strength of the Canadian Dollar versus the U.S. Dollar. Do you still think that the U.S.Dollar will eventually gain strength?

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  11. Dr Genius

    The end of QE2 and a gradual rate hike are bullish for stocks. Either way, bears are on a one way street toward bankruptcy.

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    • drummerboy

      its coming sooner than people think.and then it will be ben’s job to suppress silver and swap spots with jp morgue

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  12. The_Real_Hmmm

    Love MWW right here. Buying it. Normalized quarterly earnings during better times are $0.30/Q and FCF is growing Q/Q. Its 5 year average PE, despite being over a volatile time from trough to peak unemployment, is 20.5x and if you use a 1.20 FY eps, one could value it at $24-25.

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  13. dance of the lemons
    dance of the lemons

    Agreed.
    “If you are going to tell a lie; tell a big one.”
    Joeseph Goebels, Adolf Hitler or Barack Obama, can’t remember which ( or maybe all)

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    • Frog with Head Made from Cement
      Frog with Head Made from Cement

      How about 99.9% of all politicians, regardless of ideology?

      How do you tell when a politician is lying?

      Answer: His lips are moving.

      It’s in the very nature of the job– moreso in a fake democracy/real corporatocracy like the U.S. Here, you have to please the voters to get elected, but the only way you can get your campaign funded is to screw the voters six ways from Sunday while catering to the Special Interest Groups that fund your campaign.

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  14. StockRake

    When the jelly squirts, I’ll be there.

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  15. alphadawgg

    If The Bernank offers up the QE tit for sucking, the market keeps going higher. If he tightens his wad, the market will see that as a sign of a sustainable recovery. Either way, the market goes higher. It doesn’t get any simpler than that. Coin will be banked.

    This is the stuff economic recoveries and made of, like it or not.

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  16. Frog with Head Made from Cement
    Frog with Head Made from Cement

    Fly, you are at the top of your game tonight!

    “What this country needs is hope, then change, then lobster rolls with warm butter lathered sloppily into American faces. We need to make believe shit is good.”

    I love it!

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  17. munchka

    Yo Fly! Your choice of muzak is really crap of late

    Here is some real South African muzak, for your listening pleasures, and those of your house slaves

    http://www.youtube.com/watch?v=r1eyyqDdNcM

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    • Frog with Head Made from Cement
      Frog with Head Made from Cement

      I went to the site and it said “This video contains content from UMG. It is not available in your country.” I am in the U.S.

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    • Fly

      Civilized people do not live in Africa. Therefore, I opt out of clicking on said link.

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  18. munchka

    Monsieur Fly

    I have brooked negative comments about Africa for too long now. Click on the link, or my sword will taste the blood of many, many americans, in your name, until my bloodlust is sated OR my honour is restored, whichever comes first

    The muzak video is tragic, but fucking funny

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  19. munchka

    Frog, not my problem – you CHOOSE to live in the United States – find a way around the problem – yes, you can!

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  20. TraderCaddy

    A top 5 post for sure.
    It’s just that all of the good posts are done past my bed time.
    At least I know why NYC people are up late – it’s all that noise outside all night.
    Nothing in my woods but bears, fox, owls, and possum on the roof.

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    • Quint

      Don’t forget the gators…and I see you now also have a wild pig problem???

      Had a bunch of wild turkeys in the yard yesterday – the walking kind, not the drinking kind.

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      • alphadawgg

        He needs a couple of those Argentine Dogos to chase down those wild pigs.

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  21. Tom

    BARACKobamics !!!!!!1111oneeleven!

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  22. Oops

    Another Fly classic “giving war a chance, for humanitarian reasons”. I’m going to steal that one.

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  23. TheArtist

    love the picture of the kid with pipe….

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  24. the man

    I am sitting on the sunny coast of southern Spain and that made me lol. thanks Fly

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    • alaw35

      If you really are in Spain on the coast we all hate you. Loved Spain when I was there in 2005.

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  25. Xmas Ninja

    I held my WNR overnight.

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    • SteveTheNeighbor
      SteveTheNeighbor

      I caught Steve,Jr. holding his WNR last night, also. He claims that Coach Dumbrowski, his sex ed coach, and his Uncle Fly said it was okay. Once in awhile is okay, but he seems to be a long term holder these days. Time to hide Mrs. Steve’s Coldwater Creek catalogues with their hot Romanian models.

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  26. munchka

    Title borrowed from “Give War a Chance” by the MIGHTY, MIGHTY pen-person P.J. O’Rourke

    Only top quality people in Africa

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  27. Dr Genius

    Deutsche Bank was clearly not happy with Senor Fly position in X.

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  28. Quint

    Here comes the AAPL/GOOG rally just to screw with everyone who is hedging with the Qs.

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  29. HalfBloodPope

    “Korn/Ferry International (Korn/Ferry) is a global provider of talent management solutions that help clients to develop, retain and sustain their talent.” Sounds like a clown college worth 1 Billion.

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  30. JakeGint

    Get in the pink sub, Commander Bernanke has given the order over the klaxons!

    Dive! Dive! Dive!

    ____________

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  31. munchka

    Errr wrong. Monsiuer Fly

    “Initial unemployement benefits are up 6,000 inside of two weeks”

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  32. Frog with Head Made from Cement
    Frog with Head Made from Cement

    That’s wonderful. Kind of flat. Means the economy has bottomed but isn’t improving enough to threaten the largesse from QE 3 or whichever one comes next.

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  33. Quint

    On Monday Obama says, “We will not have troops on the ground in Libya”.

    By Wednesday, CIA sends teams to Libya…I guess they don’t count?

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    • Bullish

      I heard we sent ninjas two weeks ago, however no one can confirm that for sure.

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      • omeizer

        good friend of mine’s brother is one of a group of “first line” forces. supposed to go have dinner/drinks a few weeks ago. now, he isn’t in the country and doesn’t answer his cellphone. take it for what you wish….

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  34. alaw35

    If Fly is wrong (which is highly unlikely for Mr. Fly) my worthless unemployed day trader ass is cooked.

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