I find humor in almost everything; because everything is funny, incidentally. For example: look at government employees, like garbage men or cops. They bust their collective asses helping out the government, in exchange for a little money. In the past, they were able to tuck that money away and earn interest on it, via CD’s or preferred savings accounts. Here’s where it starts to get really funny.
Without even a single protest, the government has fucked, mind you, the entire country out of their right to pursue happiness (money=happiness, fuck what you heard to the contrary). Not only is the retired cop with 200k in savings not earning interest on his nest egg, he’s getting fucked at the grocery store, the pump, his electricity bill and most certainly when he travels abroad—because the U.S. dollar drops 10% every other year.
Instead of reducing risk, our government, post credit crisis, has turned up the dial, only transferring it to the people. By taking away interest on accounts, they’ve forced millions of people into the stock market, where the inherent risks are exponentially higher. Because of this simple fact, it is my belief they will kick the can down the road, until FEMA has enough plastic coffins ready to store the entire state of Utah.
Without the stock market, this country is finished. In many respects, it’s the final frontier. We will either financially manufacture our way out of this mess, via creative and innovative financing. Or, we will fold and see the savings of millions evaporate into thin air, leading the way to a total and absolute disintegration of social obedience and eventual dismantling of the power apparatus in this great nation.
In other words, they need the market to trade up.
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fuck Utah!
And it can… Just as soon as the PPT registers a 2.5x Hybrid score.
“In other words, they need the market to trade up.”
I hear ya, but does the bearded clam and his eventual replacement, Rick Ross.
Chairman Ross will offer great stimulus to strip clubs. For example: he recently gave away $1million of his personal money in a single night at King of Diamonds. He had Brinks trucks filled with $1 bills delivered , just so he could “make it rain.”
This is America.
I thought Ben Bernanke was just Rick Ross with a mask on?
other way around
Monsieur – you have been deep in thought these past 24 hrs; invoking profound and heated responses. I was prepared to follow Alphadog this a.m. but you and your PPT analysis from the previous post have given me cause to wait and see. Both positions have merit.
Alpha has a hot hand. We can both be right, eventually.
ok , but greese puts a monkey wrench in all on this, if euro falls dollar could rise, puts pressure on comodities. increases costs of american exports. then what? people jump in to bonds? tresuries?
Right on !!
Also if they didn’t inflate the market every pension plan would be destroyed.
Mkt goes higher in nominal terms
Not knowing what a solar sphere is, I went to Google.
I figured it was something people up North put in as their summer outdoor season is fairly short.
To my surprise I see that iBC’s column about the stolen solar spheres was on the first page of Google at No. 6.
That is some influence of this Blog.
hey i want a kosher burial,does fema do kosher,if so, i need to be buried in mOYaaaimmmi
Fly, everything you just posted is the Gospel Truth. The US stock market rises when stock prices inflate. For that to happen, the Fed has to create constantly deflating dollars. As the dollar’s value continues to erode, the number of Main Street Americans, becoming road kill, increases exponentially..
“In other words, they need the market to trade up”
The Fed shot their wad. It’s over. There are no bullets left in the bazooka.
People that buy stocks at these levels are idiots plain and simple. Fundementals eventually matter and right now they suck.
If stocks go up 20% and the currency drops by 20% you have gone NOWHERE!!!!!
Eventually the sheeple will wake up to this reality.
you should be banned for these statements. However, I will give you a chance to rethink your position.
fly what if theres no qe3? seems the repubicans can then blame the dems for failed policies, america doesnt have the stomach for more bail outs, just askin,
Sir Edge – You are quite mistaken If stocks go up 20% and the currency drops 20% you are even in relation to purchases in a foreign currency and you are up 20% on domestic purchases. If you keep you funds in “cashish” [sic] you are down 20% on foreign purchases, and even (basically) on domestic purchases. Good day Sir.
good point, inflation is taxation with out ledgislation…
Yogi
Not if your short as the market begins to face reality….
Good day to you to sir….
I believe the debt downngrades of those banks is already built into the price.
Old news.
Shorts to cover soon.
So is FAS the trade?
That is gambling.
I would go XLF etf.
But, I daytrade only and what I see is BAC has climbed back so far, JPM has reversed from the bottom, and WFC lost about 5% yesterday because the powers to be knew this was coming (yes, insider trading).
Moody’s and the other rating Companies are always a day late and a dollar short. News is usually always built in by those in the know.
“absolute disintegration of social obedience and eventual dismantling of the power apparatus in this great nation.”
Think Yemen and American troops firing rubber bullets into crowds of protesting Americans.
those actions will be the ones needed to change shit in this country,too bad not even the “tea party” types cant even ignite those feelings amongst the citizens who actually want these actions taking place. i’m gonna throw out a prediction,chicago might be the first to experience what you so speak of,hence, the excuse for a “marshal law” call. the bernankes’ apetite to reach labor parity of china will not work here for americans, period ! i have said in the past, as a bargaining agent rank and file worker, if this country wants 10 dollar per hour, on the top end,then a loaf of bread has to be a 25 cents,steak,62 cents per pound a car for 650 dollars and a home for no more than 9k. so since that will never happen,yet wages are falling faster than can keep up,the only way will be a nice riot. after all,fema bought those plastic coffins for some reason
A) “We will either financially manufacture our way out of this mess, via creative and innovative financing. Or,
B) “we will fold and see the savings of millions evaporate into thin air, leading the way to a total and absolute disintegration of social obedience and eventual dismantling of the power apparatus in this great nation.”
I’m hoping for A, but betting on B. Between now & 5 yrs. Exact timing is anyone’s guess.
B has a shorter re-set time. You must have been a pull the band-aid slowly kid.