Because this job wasn’t hard enough to do, the stock Gods felt we needed to go old school Tammany Hall and have our politicians work towards the end goal to see lower stock prices. To the unlearned man, that last statement sounds absurd; but it was common practice back in the late 19th century. The politicians controlled the banks and would purposely squeeze liquidity out of the system in order to make the market panic and go lower. Pools were set up to affect this negative change and fortunes were made. Hell, it was common for a CEO of his own corporation to purposely hurt his own company and sell it short, in order to make his stock go lower.
With all of the things in the world distracting us now: Russian planes over Syria, weakness in China, the Federal Reserve here et al, the republican party feels it’s incumbent upon them to “save” the republic by destroying it.
Let me rephrase that and explain.
By November 5th of 2015, the treasury department will be almost out of cash, unable to meet its many obligations. In order to avoid this, the debt ceiling has to be raised. Well, the GOP feels enough is enough and that it’s time to take a stand and to reject the notion of debt ceilings and national obligations. If you haven’t noticed by now, they are a rudderless party, without a leader, because of this very issue.
It’s entirely possible that they will attempt to disrupt the government this holiday season, something that isn’t being talked about yet, but will be soon. If the far lunatic portion of the GOP, aka “The Suicide Caucus”, is successful, then these markets are going to be entirely naked, forked, fucked, radish.
Happy fucking Friday.
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Like old format better this is clunky and slow
you’re smoking cocks
WTF device do you use. This site’s upgrade is nothing short of artisinal.
garyw has a rich history of being a total dick. I’d kill him if possible.
I sent in an email that said the same thing – ‘clunky and slow’ (but I did add that like how it looks). It’s all the javascript on the page that’s causing the issue – get rid of some of the dynamic wizzbang crap.
I wouldn’t want to be Speaker of that house either. There’s a good chance of a shutdown in Dec.
Pics are way too large. I have to scroll a mile down to see I’ve missed any posts other than the current one. This was much easier to do before.
Always count on The new R’s to cause “extreme” trouble that hurts the country & never helps. No solutions just pure obstruction…”this little piggy went to the market & went wee wee wee all the way home” Acting just like children.
Everyone fuck off
Wow….I wasn’t criticizing you…just the thought of R’s shutting down the government.
What a great two weeks. It’s as if the decline never happened.
As to site, tend to agree with Alty. BUT, found a fix for it that solves that problem. Not going into detail, ’cause I don’t want your magical programmers working around my work-around.
I did not get the chance to go through Clew’s entire work. Nonetheless, from everything I’ve read about the old timey markets, the overall outlook was ALWAYS bullish and while I agree on the CEO thing…politicians interfering? I don’t recall ever reading about that. Wasn’t it mainly big operators engineering short squeezes and the like? If anything, the vast majority of the ancient fuckery was bull-oriented. What’s that old quote, “Any man who goes short America will die broke.”