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
23,474 Blog Posts

FOUR MORE YEARS!

The only reason why I am voting for Romney is because I think the democrat clan is filled with pussies and jackasses. I don’t believe Romney can do better, from a stock market performance stand point. If you recall, George “dumb as fuck” Bush harpooned the economy with the very worst financial catastrophe since Hannibal laid siege on Rome. He obliterated shareholder equity to the point of comedy. The only thing that worked under Bush was SKF and 99 cents stores.

Fucking ape.

Obama got elected because he was cool and black. People were proud of themselves for transcending barbaric racism, by putting a community organizer at the helm. I voted for the O because I like to win. Therefore, when Barack won, I won.

Under Obama, the general economy has done nothing. However, the stock market, which is all I really care about, soared. Now some of you might think “The Fly” is being selfish and you are correct. I don’t give a shit about the factory worker in 0hio, not much less than the factory worker in 0hio cares about some asshole Wall Street guy like me. Don’t kid yourself, pal, life is all about self-preservation and kicking the next guy down a flight of stairs lined with german mustard.

Worst case scenario: Obama gets reelected and Bernanke runs the country for another 4 years. Oh, no, please stop that man from printing more money.

Are you people out of your fucking minds? We have it good now. Markets are easy and banks are lending money at absurdly low rates. Next thing you know, President Romney will appoint a hawk to the Fed– who will hike rates to 3%, sending the Dow down 3,000 fucking points.

Tough call.

Plainly, if it wasn’t for the pathetic nature of liberals and how dumb Biden is compared to chimpanzees, I’d vote for Obama again! However, that is not the case and Romney will have to do.

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101 comments

  1. DipChit

    Smart man

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  2. James

    Is this any way to run a country?
    besides…..
    For me..german mustard was an acquired taste.

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  3. Sur Platonic Plateau Du Tecnocrats, B.R.A., D.J.D. upon Rookness.

    Bush Jr. is a man with vision, conviction and will power.

    It’s sad that even today’s intelligentsia fail to pay respect.

    Back to the circus (if you’re watching the joker the HOBOma shoot off of the mouth with rappish cadence and haughty swagger).

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  4. TMoe

    Don’t kid yourself, pal, life is all about self-preservation and kicking the next guy down a flight of stairs lined with german mustard.

    classic
    the best line you’ve had in a while

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  5. TMoe

    Plainly, if it wasn’t for the pathetic nature of liberals and how dumb Biden is compared to chimpanzees, I’d vote for Obama again! However, that is not the case and Romney will have to do.

    the 2nd best line in a while
    LMAO

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  6. JTU

    Clinton sealed Obama’s victory last night!

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    • DaveyNC

      Nah, none of the undecided voters saw it. They were watching football or Dancing With the Whores or trying to decide if they wanted to be hit in the face with hot pizza or African spears.

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      • fake amish

        Agreed. Bubba is a tired old fart that no one gives a fuck about but other old farts still dreaming of the gloryhole days of boomer fucktardness.

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        • JTU

          Don’t kid yourself! Everyone saw including you two fuckers!

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          • fake amish

            Of course we did. The hallowed halls are full of speculators not retards. The public does not give a shit.

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          • Pom Pom

            Football got higher ratings. Come on, do you really think cheerleading for debate club is a sport people watch over football? This is America. First game of NfL season, America’s team vs former SB champion? No one wants to see Clinton be Obamas metaphorical Monica

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    • Heaterman

      I got a big chuckle out of Clinton, who took advantage of who knows how many willing women, saying that the demos are the party of choice for the fairer sex.

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  7. J

    Lol… One of the best threads yet Fly. great work.

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  8. Mr. President

    What good are higher stock prices if the whole thing goes kaboom shortly thereafter?

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    • The Fly

      Excuse me Sir, have you borrowed my time machine without permission?

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    • you're welcome

      are you the only remaining clown without a 7-story underground bunker stocked with three centuries of cheez wiz and dr. pepper?

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    • moolahheaven

      Mr. President is right on the money there, but Coca Cola, not Dr. Pepper.

      Fly, I won’t question your patriotism, but doesn’t it also disturb you that Obama is a disgrace to the office, has kowtowed to every foreign dictator , has shredded the Constitution, has made stronger instituted union corruption, has boosted the Muslim Brotherhood (and invited them to The White House), has pressured Israel NOT to bomb Iran (instead of pressuring Iran not to build nukes, has forced ‘Obamacare tax’ on us all and has run up the national debt to 16 Trillion?

      Let’s have SOME morality and patriotism here.

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      • republicat

        Obama is a great man, a historic man that will be remembered for centuries in the eyes of many Americans.

        Romney may not have the S&P double on his watch, but we need someone who can BOOST GDP. Romney/Ryan is that team.

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      • AnHistoricMan

        Somebody likey the Kool Aid just as much as those Ozombies.

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  9. Sloop

    Fly, its all good I would be thinking the way you are. HOWEVER, this man we have in the White House is more then a Democrat he is a socialist and wants to turn America into a weaker nation. We are the United States Of America God damn it!. As soon as he was elected he started apologizing for being America the number one nation. You like to be number one, so I would think you could see my point. The fucker needs to go. You can make money in any market my friend. This market is a paper Lion and you know it.

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    • The Fly

      Bush was worse.

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      • Cheesefries

        Bottomline.. You’re A Fucking Lib

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      • Lo

        The Administration warned of the risk that government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac posed to America’s financial security beginning in 2001.  President Bush’s first budget warned that “financial trouble of a large GSE could cause strong repercussions in financial markets.”  In 2003, the Administration began calling for a new GSE regulator.  Despite resistance from Congress, President Bush continued to call for GSE reform until Congress finally acted in 2008 to provide the additional oversight the President requested five years earlier.  Unfortunately, the reform came too late to prevent systemic consequences.

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        • Lo

          Bush grew economy for 24 consecutive quarters. It wasn’t until democrats took majority in congress and nancy Pelosi got involved that shit hit fan.

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  10. juice

    Romney is a psychopath .. he’s an actor feigning caring for others .. phony charm, greed for profit, greed for power, .. I can’t wait until he gets the rudder

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    • mad_scientist

      Romney has a lust for profit that is achieved fairly in business. Fair and square, to the winner go the spoils.

      Obama has a lust for profit that is achieved by taxing American citizens and milking them dry for every cent they have earned on their own. Those are ill-gotten gains for mr president.

      Everyone wants success and profit. You deceive yourself and others by suggesting that democrats are benevolent and republicans are evil. Lay off the jungle juice.

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      • moolahheaven

        Well said again Mad.

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      • km

        vulture capitalist achieve their profit fairly under unjust laws so they can rape & pillage lawfully

        Obama has no out of control greed for profit, only to help others .. not that I think there should be any robin-hooding or freebies

        where did I say that democrats are benevolent & republicans are evil? don’t lie & then accuse me of saying something I didn’t

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        • mad_scientist

          Interesting, did you ask God to find out all that information about what kind of greed obama has or doesn’t have?

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    • you're welcome

      ditto for obama. they’re called politicians. welcome to the game.

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  11. Heaterman

    You are insulting the intelligence of chimpanzees.

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    • Vincent

      Yup. There was a great ape that could pick locks. Ya’ think Joe could get out of a locked cage?

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  12. TMoe

    Fuck the Middleclass. Who wants to be in the middleclass? I want upperclass mother fucker

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  13. The Eye-Talian Stallion
    The Eye-Talian Stallion

    Using “Fly Absolute Logic” then Bush is superior with the SP’s all time high: 1562.
    What’s funny is that 0bama is so scared to run on his own record, he is running on Romney’s record.

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  14. mad_scientist

    If Obama’s assclown economic policies are continued and the economy continues to suck, the stock market gains won’t continue. That’s why it makes no sense to think an Obama victory will be good for the stock market. Who gives a shit about selfishness? That’s not the point. The point is that you are incorrect in your assumption, Mr. Fly.

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    • The Fly

      My statement is based upon the extra zeroes in my bank account.

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      • mad_scientist

        But my point is that those extra zeroes are not predictive of future gains. There will not be extra zeroes if this Zero is reelected. Because the stock market gains are not sustainable since there is no real economic recovery. (And certainly won’t be under his policies).

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        • mad_scientist

          In fact, the extra zeroes you have added over the past few years would regrettably come to be erased in subsequent years of term #2.

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        • mad_scientist

          Let’s also not forget all the hikes in taxes on investment gains and dividends brought by obama.

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        • AnHistoricMan

          You got your hand caught in the jar, shorty.

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          • mad_scientist

            I’m actually not short anything! I very rarely put any capital toward short positions. My main positions are a combo of long and cash which changes in percentage from time to time.

            But I am realistic about the economy, which is shit. Do you dispute that?

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  15. Btrades

    Good to know Fly you think Romney wins–as you bet on the winner

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  16. hitter

    In a orld aslosh with paper $ the question about the great masses is what are they going to spend all their $ on. No savings etc. is a given but they will have some funds to spend. They will buy necessities produced buy the great corp. of the world (many can’t get such from the lower 40 any longer). These corps. will not give it away. They will be the only mass source of reasonable enterprise and return. The stock markets are the inevitable beneficiaries of this reality. There is no other viable alternative, no matter which pols. are in place

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  17. Catboots

    Romney is a phony cardboard copy of a human. He just wants power. How can you trust him when he doesn’t pay his share of taxes and keeps him money overseas. He also bought companies, took out loans on them, then declared bankrupsy and fired everyone and didn’t pay any pensions, walking away with hundreds of millions. Besides not having any political experience (except for destroying Mass for the 4 years he was Governor), he made a fool of himself over seas. Check him out and don’t be a patsy.

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    • mad_scientist

      “He just wants power.”

      But Obama didn’t want power. He became president reluctantly. LOL, dumbass.

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    • you're welcome

      thank you for quickly proving yourself to be another total moron who doesn’t understand day 1 of taxation101 where they explain the difference between marginal and effective tax rates. congratulations, you have been manipulated by a talking point that only works on the ignorant.

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  18. l.k.w.

    I’m too lazy to do research.. Is VHC a Democrat, Republican, or bi-partisan institution?? I suppose it’s possible to be non-partisan in business, but, is VHC?

    I’m pretty sure my search-engine is non-partisan, but also disabled.

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  19. Catboots

    Romney wants power to take, not to give. No responsibility for others. I like the line, ” his car has an elevator, but workers get the shaft.” What would have happened if we didn’t have a car industry. Get Real.

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  20. buylo

    what makes you think you are “some asshole Wallstreet guy ” ?

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  21. It Is Showtime

    Interesting close for the ‘3rd day’…… Dow +244 as in 2nd for #44?

    Shorts are dead, but bears are not. Lot of holes and whatifs in this euro thing. Sdow Epv Uvxy 50% in adding tomorrow

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  22. l.k.w.

    The last thing I want to do is vote for four more years of fascism, however, maybe when fascism truly arrives it will be wrapped in a non-partisan, virtual, invisible cloak, or something.

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  23. l.k.w.

    Is “security platform” 1984-speak for spyware? 😉

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    • l.k.w.

      ..once again, lazy.

      [Can’t we edit these comments? Or remove auto-emoticon fillers??? ; ) ]

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      • The Fly

        There is no edit function on Fly blog. Bring your A game when you come here or don’t come at all.

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  24. TeahouseOnTheTracks

    OEW Daily Recap:

    “At the open the SPX gapped over the upper downtrend line of the two-week triangle, then quickly cleared resistance at 1413/16. By 11:00 the SPX cleared the next resistance area at 1422/27 and made a new bull market high. Minor wave 4 ended in a triangular formation at tuesday’s SPX 1397 low. Minor wave 5, Intermediate wave iii, is currently underway.”

    “The first level of resistance is at the OEW 1440 pivot range. Fibonacci wave relationships suggest this pivot will be cleared before Minor wave 5/Intermediate wave iii ends. The next resistance area is at SPX 1464/65. At this level Minor wave 5 equals Minor wave 1, and Intermediate wave iii equals 1.618 Intermediate wave i. Short term support is now at SPX 1422/27 and 1413/16, with overhead resistance at the 1440 pivot and SPX 1464/65. Short term momentum is extremely overbought, suggesting a pullback soon. The short term OEW charts turned positive at the open, with the swing point now at SPX 1411.”

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  25. 5:00 PM

    YELP will go to $36. Obama will be declared the winner one hour after the polls close in California.

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  26. The Eye-Talian Stallion
    The Eye-Talian Stallion

    Obama is like the 10 year old kid that is mistakingly admitted to college. He thinks it’s really cool but he doesn’t know what he’s doing.

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  27. TaoOfPatrick

    When the GM bailout came.Fuck the Free Market, my pension was on the line.Were going Socialist on this one.That’s what the Union Dues were for The Final Bleeding.O.K. Now Fuck that bailout Shit.

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  28. Clock

    I too will be voting for Mittens, mainly because Obama represents freaks like Debbie Wasserman Schultz.(she looks like I feel when I’m sick.)

    Like Dr. Fly says, “democrat clan is filled with pussies and jackasses.” (and I’ll just add… anything else you can catch with a butterfly net.)

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  29. Cascadian

    Obama makes great sounding speeches with specious content.

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    • Sur Platonic Plateau Du Tecnocrats, B.R.A., D.J.D. upon Rookness.

      “[HOBOma’s a] nice person … very articulate” but [a hooligan con-artist] leader (see Commie Manifesto) who “couldn’t sell watermelons if you gave him the state troopers to flag down the traffic.”

      Dan Rather (Democratic Newsman and US Hater)

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    • Pom Pom

      Obamas speeches suck unless he has been preparing for it the last 36 hours. Dude is like Carlton banks from fresh prince of Blair. He gets off in the idea of himself talking with every work. He listens to recording of himself telling a speech before he gives it and practices every intonation while driving in limo. And then after every sentence he gets giddy. But ask him a questions off script and suddenly hes a stuttering stammering fool. If he spent have the time actually doing something as he spent getting off looking at himself in the mirror practicing his speeches he might not be so terrible.

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      • Pom Pom

        Carlton banks, studied to be a lawyer. He’s really just a nerd with no backbone. He may have all the theory and book smarts, but when it comes to real life and street smarts he is dumb as a rock and goofy as bozo.

        But by all means vote for him since he fills you full of hot air and makes you feel good. Cuz what is life but an emotional ride

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  30. macpatton

    “Don’t kid yourself, pal, life is all about self-preservation and kicking the next guy down a flight of stairs lined with german mustard.”
    Here is a Leonard Cohen quote
    “When it all comes down to dust I will kill you if I must, I will help you if I can.
    When it all comes down to dust I will help you if I must, I will kill you if I can.”

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  31. Juice

    china +3% .. the rally continues

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  32. razorsedge

    dumped tza at the close, we didnt give back any,so the trade was busted.

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  33. JTU

    Resource stocks set to explode!
    Keep an eye on CLF,TCK,MCP,TC,FCX, to name a few.

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  34. 88888s Account

    So which of these tip-rats will cut hardest ino the 7% GDP pa deficit the United States is booking-up to sustain the 1% GDP growth making everyone’s dicks so hard.

    SP500 making 4 year highs

    Deficit the real gorilla on cocaine

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    • BottleRocket

      The Crack Whore only cares about getting more crack. Delivery of crack < anticipation of more crack.

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  35. ruggyup

    This blog’s political comments vs. trading beat-downs? Don’t give up your day job.

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    • Frog

      Political comments are easy to make. Any retard can say “Yeay for my team. Yeay. My team is great. Your team is evil, stupid, incompetent, lazy, uncaring etc. etc. ”

      How simple is it to repeat that over & over ad nauseam?

      Trading, however, is difficult. Hence there are fewer comments on this topic.

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      • Pom Pom

        Actually you can say the same thing about trading.l. Yay my stock will go up soon.l. Yay it went down so it is better value I will buy more… But ultimately it is easier to be objective with actual numbers when you only are looking at one metric… Price and the ban hammer comes down if you are an idiot who keeps pumping DMND short after it has already made its move

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  36. rru2s

    “self preservation and kicking the next guy down a flight of stairs”

    Kind of sums up the entire republican platform in a dozen words. Fly, not only are you a genius of a writer but you expose the human soil for the bare essense of what it is: greed, corruption, and winner-take-all. But yeah, you said it much better than I ever could. Carry on while my kids miss another semester of college and go without braces, while I eat some more mama noodle to keep within my grocery budget.

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  37. rru2s

    yep, there is a reason that they are all called, “LibTards” when many of them were leaders at Havard: It’s called jealousy.

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  38. Spooky

    The only reason I’m voting for Barack Obama is because Romney and the Republicans are jackasses and Pussies. And liars with no capacity to distinguish between leading a country and running an LBO. Most of all, they are cowards and frauds who would sell this country to the Chinese or anyone else for a pittance.

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  39. Odumbo

    More crack please!!! Obama Dicksuckers! What about Barney Frank running the financial and banking in 2006?

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  40. Sur Platonic Plateau Du Tecnocrats, B.R.A., D.J.D. upon Rookness.

    Who Cares? I Care!

    1. Who’s on your side? The V.King.

    2. What do I do everyday to get started? The V.Kings blog if he’s not too hung over to write one.

    3.How do I get big? Heavy weights, lots of rest,eat, and use The PPT.

    V.King

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  41. Cascadian

    B uyin’ me some P at this level.

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  42. republicat

    The Agricultural space is bustin’ out:

    MOS AGU CF

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  43. Sir Robert Hoek

    No single president can single handedly change the bureaucratic quagmire that is Washington. Its all about consensus which is inefficient. The machine that the democrats got voted in on is that same machine that the republicans get voted in on. The two party state is in effect a monster with two heads.

    What’s really sad is how polarized people are in the US. Some in the US see things as binary over there. There seems to be no political debate in the US between parties that is without lies and misinformation. Politics is so dumbed down in the US its frightening.

    Obama is a figure head for a party that inherited a catastrophic mess. Its hard to see that anyone could have done anything better. Its not all about Obama and all about Romney. Its about a team who gets to run with the ball for 4 years.

    From across the pond i can say its quite frightening to see such polarization in the US and such fiery misinformed zealots from the right dumb down the US.

    Anyway….back to the PPT.

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  44. illuminated1.

    I vote for Romney because some people just want to watch the world burn. If I really voted for who I wanted, it would be Trump/Palin; alas even they are too dumb to impress the zombie masses..

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  45. Pom Pom

    Interest rates and inflation is a bell curve, not linear as most think. It is a sign of a turning point and sign capital has shifted from public to private. The demand in bonds has been so strong what makes you think higher rates would result in higher demand, especially if bond holders expect yields to keep rising and returns to exist elsewhere.

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  46. Pom Pom

    Lol, GMCR! Whoooo! Sell rumor of patent expiration, buy the news!

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  47. Pom Pom

    Fly is An independent thinker. Very few people actually vote for more than one party

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    • l.k.w.

      The true independents vote for none.

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      • l.k.w.

        lol, by the way, adding:

        “I can’t stand this sort of political bullshit. I loathe politics and feel they’re all bastards, spawned from motherless whores, here on Earth to hurt the weak. Despite Obama’s abysmal “track record”, I will not be voting for anyone this election. I don’t have faith in the two party system and would prefer to see the capitol aflame by Americans wielding pitch forks–before I participate in this shame of a democracy again.”

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  48. Lo

    Market was discounting dems presidency in advance. Now that it’s here, all the bears already had been flushed out. Simple case of betting on the rumor, betting against the news.

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  49. (too late to) Raise taxes, Raise spending
    (too late to) Raise taxes, Raise spending

    So you are siding with the lunatics in the Republican party who champion everything bad and stupid?

    I’m actually surprised. You seemed smarter than that.

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