The market was looking good earlier, absent anything to do with reality. Then SENATOR REID had a word, with regards to “The Fiscal Cliff.”
***REID SAYS `LITTLE PROGRESS’ MADE RECENTLY IN FISCAL CLIFF TALKS***
There you have it, children from the interwebs. Your government is raping you again, depleting the value of your investments because they are all drug addled perverts, corrupted by money, power and God complexes.
UPDATE: I sold out of NXPI, putting cash levels back to 40%.
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Lets rearrange the deckchairs
I fully understand that rearranging the deck chairs doesn’t actually help anything, but…
God it would be nice if we could throw Reid off the side of the boat, so I don’t have to listen to his incessant bitching for the final few precious hours before the rest of us go under.
wake me up after i get my 10% flash crash..until then, this market can go fuck itself..both ways
Lots of republicans are abandoning the pledge on no new taxes; so it would be beyond moronic that democrats not cut some entitlements, but stupidity is unlimited, so anything is possible!
zzz
Well said Doc. Stupidity is unlimited.
Ignorance can be fixed but stupidity lasts forever.
Congress is___________.
Fill in the blank.
I was high on RIMM, yesterday…
Just like many folk it takes a crisis for them to act. Sometimes I wonder if they just like being in crisis mode. Maybe all politicians suffer from histrionic personality disorder?
The Pubs are waging a Psy Ops campaign against President Santa. They are distancing themselves from Norquist, offering tax hikes on the rich and doing away with mortgage deductions. The Dems are bewildered, their new “blame it on the conservatives” operation is in shambles.
Maybe the Pubs broke Liddy out of retirement…
Buffett said that anytime debt exceeds 3% of GDP, all members of Congress should not be allowed to run for re-election. If they would pass this as a law, Congress may be a little more useful than it is right now!
I’m sure that will get brought to the floor by the people who would lose their jobs
(cynicism off)
Whatever happens it will be the Republicans fault in the media.
Well if you prefer to hear how wonderful the Pubs are, all you have to do is watch Faux News.
Frog, I finally started watching Fox News thanks to your relentless plugs. Thanks!
You have added so much value with such a profound statement.
Just wait for the “wealth tax” Dr Fly. We will all enjoy that one. Well, those of us with wealth will.
Here we go, everyone going to blame the Democrats. Am I the only one who remembers that the Republicans held up the TARP bill and the next day we cratered by 777 Dow points, or what about the debt ceiling debacle. Republicans are NOT the party of pro-economic growth (then again, neither are the Democrats) so it would behoove all to move past the propaganda of the Republicans and think for themselves, as Le Fly does. At least he admits when he lives in an Ivory Tower and is part of the 1%
ivory tower?