iBankCoin
Joined Apr 19, 2009
721 Blog Posts

Bernie Madoff, Prison Bride

Bernie Madoff, Prison Bride

So they gave Bernie 150 years in the slam. Sounds like a big deal, but I bet he doesn’t do 12… this side of the daisies, at least. Hey fugheddaboudit, he might even escape the above elaborate costume by becoming the “prison accountant” and doing Bubbah’s taxes every year. Can you see it?

Bubbalah, I have news! Yoah tax refund estimates out at 16 cahtons of Marlboro Reds and a case of Mint Jelly Spam. No, dahling, it is no trouble.  You just pay me my “dahposit” of five cartons, and we can get the ball rolling on this new “thing” right away!

He should be fine.

But enough about old Bernie.  Let’s face it, he’s getting what he deserves, and that’s what we’re all about on the Jacksonian Plan too.   Right now, it looks like the market is taking its time taking a decision.   Will she run up to the top of the hill at 960 again, or jump off the cliff righ here at 926-ish, and end it all, emo lemming style?   I admit I don’t know, as today was a veritable “stick in the mud” despite the drop in the dollar and the increase in oil prices.

Earnings are still coming out favourably (sic) in some industries, including health care and selected technologies.  Aging pension filler behemoths like Johnson & Johnson Johnson & Johnson [[JNJ]] , Amgen, Inc. [[AMGN]]  , Merck & Co., Inc. Merck & Co., Inc. Merck & Co., Inc. Merck & Co., Inc. [[MRK]] and even good old staple stock Pfizer Inc. [[PFE]] are starting to look like they’ves got some gusto here, and the Jackson’s seem like they want to go into hibernation.  

That doesn’t mean there’s not money to be made, however, and on top of the Jacksons I’ll be watching these nutty juniors like Allied Nevada Gold Corp. [[ANV]] and Rubicon Minerals Corp. (USA) [[RBY]] , and some key techs that The PPT has been alerting me to.   Two I purchased today were Fly’s current hot pick [[ARMH]] and perennial PPT favourite (sic) [[BIOS]] at $6.02 and $5.83 respectively.  I am also waiting on an entry for TEKELEC [[TKLC]] , perhaps tomorrow.  

In the meantime, the only Jackson that I think looks appetizing here is [[TBT]] , as I think it’s getting very cheap again.   I continue to monitor the silvers closely, however, as they’ve been volatile lately.  That said, the spot price of silver is back above $14 tonight, and gold is back over $940 again.   Good signs.

 I promise to make myself more available tomorrow, and keep you updated on the purchases and sales, if any.   Good night for now.

Name/     %    
Ticker 26-Jun 29-Jun Change   Comments
ANDE  $      30.23  $      29.91 -1.06%   Low volume pullback.  Keeping an eye.
EGO            9.40            9.45 0.53%   Plateauing.
GDX          39.20          39.15 -0.13%   Hanging on the 20-day
GLD          92.29          92.04 -0.27%   POG over $940 now.
IAG          10.48          10.30 -1.72%   Low volume pullback.  
MON          75.25          76.20 1.26%   Still a lot of work to do.
NRP          20.82          21.02 0.96%   Watch for break of bear flag here.
PAAS          19.08          18.55 -2.78%   Turned away at the 200 & 50 day
RGLD          42.07          42.97 2.14%   Low volume retrace, not trusting.
SLV          13.90          13.66 -1.73%   POS back above $14 this evening.
SLW            8.72            8.52 -2.29%   Between the 50 and 200 day EMA.
SSRI          19.52          19.16 -1.84%   Same as SLW
TBT          50.84          50.65 -0.38%   Very slight pullback… looking to add again
TC          10.44          10.57 1.25%   4th upday, on light volume
TCK          16.56          16.06 -3.02%   Low vol, still above 20, 50, and 200.
TZA          22.50          22.52 0.09%   Flat on low volume. Do or die, here.
AVG (daily)     -0.56%    
AVG (monthly)     -6.96%    
AVG (inception)     14.80%    
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41 comments

  1. JakeGint

    Holy sheez, I was having second thoughts about letting my kids apply to Duke after seeing how their faculty (the famous “88”) treated their own students in that lax scandal, but this story is almost too much to believe.

    And this time, it’s the faculty that’s in the spotlight…

    ____________

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  2. Scum Bucket Bitchez
    Scum Bucket Bitchez

    Madoff was nothing, the whole system is a fraud. He does have a purty mouf tho…

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  3. Scum Bucket Bitchez
    Scum Bucket Bitchez

    BTW, the word is bitch, not bride, bitchez.

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  4. Scum Bucket Bitchez
    Scum Bucket Bitchez

    Dump, baby, dump. That’s what Coeur d’Alene Mines (CDE) can now do with waste from an Alaska gold mine following a Supreme Court ruling on June 22. In 2005 the Army Corps of Engineers authorized Coeur to dump 4.5 million tons of toxic slurry from its Kensington mine into a nearby lake even though it would kill all the fish. The corps said it was permissible because the waste was “fill,” rather than pollution. Environmentalists howled, arguing that this would violate the Clean Water Act and that the Environmental Protection Agency, not the corps, should have jurisdiction. In a major victory for the mining industry, the court voted 6-3 to reject that contention and uphold the corps’ action.

    http://www.businessweek.com/magazine/content/09_27/c4138executive959122.htm

    Not that you give a shit.

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  5. Cash-N-Guns

    The entire Madoff family is guilty as shit..the bitch wife ruth should be blowing crack dealers in Harlem..and the sons…yeah we got billiions with no trades..Yippee….fuck you boys..your going to Afghanistan body painted as a US Flag…fucking scum…150 years…yeah great media..just take the bitch out and shoot his fucking brains out live on TV. BooYah..!

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  6. JakeGint

    Scum, as usual, you are a week late. I announced that Supreme Court decision last week, when the stock jumped as a result.

    Stop being such an envirowheenie, and lay off that Business Week as it’ll rot your soft feminine brainz,…

    “More,” I mean.

    ____

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  7. Goin'Fawr

    Hehe, Jake, that “American Thinker” site you linked to makes “The Economist” look like a wobblies socialist pamphlet. I know its very ‘chicken-egg’, (because, like S Clemens said, everybody “… likes to read what they already (think they) know…” but now I see where you like to get your information, opinions, idiom, persona, and criteria for what you consider ‘knowledge’.

    Purely conjecture: I bet if the ‘American Thinker’ had been around in ’84 they’d have defended Union Carbide, lol. “Bhopal was a tragedy, but it could have been avoided if only there were no human beings in the area. India must be held responsible, as a limited corporation Union Carbide can’t and shouldn’t be culpable in any way.”

    Sure, Madoff is one thief actually getting what he deserves, and for good measure they dosed him with Paulson and Bernanke’s just desserts too. Most satisfying. But now you all have your scapegoat, so its back to ‘business as usual’. No need to indict Dick Cheney, Bush, and company for their onerous crimes. “I mean, GW?, that is SO last year….. ”
    Or, on the other hand, maybe I am getting this completely wrong, and this is just the beginning of the lynchings for the ‘wealthy criminal’ . IE a new, decent, chapter in American History. ( Reality, that is, not the “Culture of Make Believe” that has been shoved down pupils’ throats so far). But I am not holding my breath, unless forced to by waterboard.

    Totally Aside:
    Speaking of ‘lynchings’, Does anyone know of a single instance, in the entirety of US history, where that act has literally happened to a guilty/innocent wealthy white man? I’ve been scouring records, but no luck so far.

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  8. JakeGint

    Unlike their American counterparts, shilelegh wielding drunken Irish banks are doing well today. I already own IRE and am thinking about grabbing some AIB here.

    They’ve been runners, but would not recommend for anything more than a short term play.

    I also like TCK here, and our friend the Techno Viking (see Fly’s blog) has already indulged.

    ___

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  9. JakeGint

    Moron — did you read the article?

    It was about a sodomite academic pedophile from the Duke University who adopted two children to make them his sex slaves and pimp them out to other homosexual pedophiles It was not remotely about “economics” or Sam Clemmons, or even Bernie Madoff.

    Cutting a little to close to home, perhaps?

    In future, please don’t make skewering you this easy. I may lose my “edge.”

    ___________

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  10. JakeGint

    BIOS still looking good here, fwiw. I think it gets to $6.55 or so, near term.

    _____

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  11. DMG

    Jake – please forgive goinfawr as he is just nervous about his NAMBLA application.

    http://durhamcounty.mync.com/site/durhamcounty/news/story/37372/duke-health-policy-official-arrested-charged-with-offering-his-adoptive-5-y

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  12. DMG

    Check out the Eno Commons (where those miserable, pedophile cretins above lived) manifesto at:

    http://www.enocommons.org/ApprovedVision.2004Mar04.pdf

    Goin Fawr – sounds “homey'” no?

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  13. JakeGint

    DMG — who is that in your avatar? Hatori Hanso?

    ________

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  14. Goin'Fawr

    “Yuk ahyuk. Yuh ‘mericans, y’all so funny” (sounding). Hey, I never said that the loony far right ( or at least some of them, anywary) think being a pederast is cool. Though there are those who still seem to think it’s funny to make the jokes about adults being raped in prison, which I find kind of ironic. I was jUst commenting on the site, its alignment in general, and of course my impressions of ol’ Jakekins. Don’t fret about your opaque responses, I expected such inanities as retorts; par for the course. Most of my comment was directed at the Title of this Blog “Bernie Madoff, Prison Bride”, but then, I thought that was moot. Next time, I will be take more care to keep it simple for you.

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  15. JakeGint

    Douchebagel — you should be more concerned that this “news” is not headlined around the globe and on the cover of Time and Newsweek, like the falsely villified lacrosse gentlemen were by a malicious rape accusation.

    Of course, leftwing moonbats are never much for ironic appreciation. Must be the lithium block.

    ___________

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  16. JakeGint

    And you directly cited “The American Thinker” article, NOT anything about Madoff. That’s why I took you to be referring to the cite, not Madoff.

    Sorry if I can’t readily follow your peripatetic wanderings of illogic, but I don’t speak “Moonbat” as a first language.

    ____________

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  17. DMG

    After googling Hatori Hanso, i remembered i changed my avatar. So you don’t see the skeleton with a drink and a smoke? For whatever reason, i’m still seeing skeleton boy.

    Irregardless (sic), no, that’s Miyamoto Mushashi, honto ni ichiban samurai desu.

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  18. Goin"Fawr

    DMG: I love the way you uphold your American values so vehemently: Convicting this guy before his case even goes to court. IF he TURNS OUT to be guilty, my sentiments will match yours on his punishment, I am sure. And I would also say that, if guilty, he violated the tenets of what you call Econo Commons ‘manifesto’ pretty egregiously. Perhaps you would like to quote me the part in it that says it’s ok to “Rent thy adopted children out for Rape”? Because I couldn’t find it. Or you could just name for me one of the other points it ALLEDGEDLY contains that so offend you?

    Wait NM, I can guess your creed: “I am all right, so fuck all the rest.” That’s your religion. Good luck with that.

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  19. DMG

    Goin Fawr – you are obviously a dumbass. American values??? WTF are you on about? How about “no sucking off little kids?”
    Does that work for you?
    Do i need a court to tell me this deviant needs to feel the edge of my blade? I think not.
    So in short, fuck off and best of luck on the NAMBLA application.
    However, if i smell your homo, child-buggering scent within a hundred yards of my kid(s), i shall end your pathetic life with a quick elbow to the thorax.
    godspeud

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  20. Goin'Fawr

    DMG: Thank you for proving correct everything in my last comment. Blather on, please.

    “Do i need a court to tell me this deviant needs to feel the edge of my blade? I think not”
    lol! (this is just too damn easy)
    No DMG, you need the court to tell you he’s guilty. Not some loony-right website. People like you are the reason things like murderous mobs in Rwanda happen. ‘Tough guy’you may be, but its mostly in your head, trust me.
    Also, you might want to ease off the libel, because
    “However, if i smell your homo, child-buggering scent within a hundred yards of my kid(s), i shall end your pathetic life with a quick elbow to the thorax. ” could be considered an unwarranted death threat, or at the very least, defamation of my character….

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  21. JakeGint

    Yes, he’s threatened an anonymous douchebag with the goofy moniker “Goin Fawr.”

    I smell libel damages!

    Sheesh, why do I always get the loons?

    ____

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  22. Goin'Fawr

    RE: “…douchebag with the goofy moniker “Goin Fawr.” ”

    Coming from an anonymous epistemologically challenged blogger who has the word ‘gint’ in HIS moniker,
    this is too sweet you will have to forgive me if I don’t feel quite so ‘goofy’.

    Irony is such a sweet dish.

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  23. JakeGint

    Goin’, you miss the “irony,” all together.

    You were the one whining about “libel.” As if one could “libel” an anonymous poster.

    Sheesh.

    Why do I get all the loons?

    _______

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  24. Goin'Fawr

    “You were the one whining about “libel.” As if one could “libel” an anonymous poster.”

    As if anyone with a ‘goofy moniker’ (or any moniker for that matter) could be considered anonymous.

    Sheesh,
    Why is it left to me to refute all the pedant wanna be’s, and loony right wingers?

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  25. JakeGint

    I’m not big on banning even annoying leftist douches…

    However —

    You are very close to getting banned for being useless.

    Make up your own material, and try to be interesting, or buzz off.

    ( Worry not about the insipidity, I shall attend to it.)

    _________

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  26. Goin'Fawr

    Well, I AM flattered! Someone with an ego like yours having to resort to banning, now that is a compliment. Am I “Cutting a little to close to home, perhaps? ” Ah well, I am thinking you had a bad day today JakeGint, what with ‘your precious’ metal positions being somewhat bulldozed. People I respect were warned, and those who listened are sitting comfortably today on beds of filthy lucre.

    “Useless”? Please. I have nailed every single call I have made since my first post on these blogs (and others I didn’t feel were deserved here), if you paid attention you are up at least 40% YTD. Much, much more if you are me or someone I count as a friend. Considering the market climate, and compared to other’s returns, I’d say that makes my input rather the opposite of ‘Useless’. But of course you can’t hear me with your fingers in your ears, shouting ‘no, nnnno’ over and over again like a petulant three year old who has been told that he can’t have a toy unless he tells the truth about who broke Mommy’s vase. Which is really why you would stoop to attempting to blackball me. You’re not fooling anybody except the fools. I know, I know, you “have half the fools on your side, and (after all) isn’t that a big enough majority in any town?”

    Ah yes, the refuges of the blinkered jingoist: denial, denigration, derision. Hate. Banishment of the heretic, yawn. I’d bet you can’t even see just how clearly such malevolence ultimately proves my points, not yours. As far as the material goes: it’s not really my fault that you provide me with the rope, ask me to make a slipknot, and then take it back to hang yourself.

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  27. DMG

    Goin Fawr – how did you do on the election for tabbed blogger?

    That’s right – you didn’t do; you got done. Now hit the bricks.

    But before you go, pray tell, what are the “onerous criimes” of GW Bush, Cheney, et al.
    (some more rope, if you will)

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  28. Goin"Fawr

    I was a candidate in the election for tabbed blogger? Honestly DMG, I had no idea! I thought to qualify you had to sign up, post a rant on the PG or some shit like that. Was I a ‘write-in’ then? If so, whoever put my name in the hat without my knowing is going to get five stars when they own up….I am just being flattered again and again today!

    As far as the last incarnation of the administration of the US federal Gov’t goes, my response to you is kinda of how you feel when you walk into an Art Gallery and wonder about the value of an ouvre: If you have to ask, you can’t afford it. By that DMG, I mean, from the rants/raving inferences you have directed against my person today, I am going to have to guess that you are so infused with your culture of ‘make believe’ (forcibly, if necessary) that I could show you white, and you’d tell me it’s black. So it seems likely to me that for you to respond to painful facts with anything but rage and denial is quite simply beyond your abilities, because you will ultimately have to accept some responsibility yourself. Something I perceive you desperately do not wish to do.

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  29. JakeGint

    Holy jeezus whatta drama queen!

    LOL. Listen up close, asstard. I was referring to your ONE particular post, and I was “joking” about banning you because it was so boring (repetitive?).

    You really need to take a couple o Prozacs or something. Or get a sense of humor. Wow!

    _______

    DMG — I think you are mixing el freakosito up with Cuervos, which is kind of a really bad insult to CL.

    They are both Canuckistanian, I think the comparison kind of ends there.

    My man is off the meds.

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  30. DPeezy

    While it looks like you 3 are having quite the fun ménage (and I don’t want to disrupt that, as I’ve watched both Summer Lovers and The Dreamers recently…)

    But…

    JakeGint says:
    you should be more concerned that this “news” is not headlined around the globe and on the cover of Time and Newsweek, like the falsely villified lacrosse gentlemen were by a malicious rape accusation.

    Just wondering why we should be making as much of a big deal out of this as you’re advocating, in light of how “well” the sensationalist coverage of the Duke Rape Case worked out. Is the utter derangement of 1 man really worth all that print?

    Please note the lack of any politics in my question…

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  31. JakeGint

    DPeez — the “point” of my ironical query was the total and complete silence of the Duke Faculty in regard to this incident, given their personally fomented (I should say 88 faculty members) witch hunt against their own students.

    Further contrast is that this evil bastard was caught by an FBI sting, completely red-handed, after a months long investigation. So we are not talking about a pissed off drug addict hurling accusations to get someone in trouble. We are talking about very little question of guilt.

    Of course, this time, it’s a Duke faculty member, and the rape is not of a black woman, but of a black boy (two, most likely) who was literally adopted for purposes of sexual slavery.

    So yes, the point being that the hypocrisy of the “Duke 88” — especially given that they still have YET to offer an apology to the young men whose lives they very nearly ruined — warrants that more attention be paid to this admittedly heinous tale.

    ________

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  32. DPeezy

    Perhaps they’ve been ordered by the FBI and/or their attorneys to refrain from any official or unofficial statement. They’ve put him on unpaid leave, which I’m assuming is the standard operating procedure when one of your staff gets arrested.

    By guessing the faculty’s motivations and reasons for (non)action we’re doing the exact same thing they were with the lacrosse students…condemning before all the facts are known. It seems that they’ve learned their lesson and are staying out of this, for now.

    Also, technically, the associate director of the Center of Health Policy is NOT a member of the faculty.

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  33. DMG

    Ahhh, i may have been confusing the two whining brothers from the north…My apologies.

    Ha ha ha – ooooh, LIBEL? Death Threats??

    Now i have it all clear, GoinF is actually Saul Rosenberg.

    Obviously, the throat chop would not be necessary. Just a quick bitch slap, three-quarter power, would suffice.

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  34. JakeGint

    Perhaps they’ve been ordered by the FBI and/or their attorneys to refrain from any official or unofficial statement.

    Rofl. You’re kidding right? There’s only one reason they’ve shut up on this one, and it’s the same reason tribes the world over go to ground for their own — self preservation.


    They’ve put him on unpaid leave, which I’m assuming is the standard operating procedure when one of your staff gets arrested.

    He’s in the can, DPeez.

    And your valiant attempts to cover for those malicious scum (Group of 88) is commendable, but I reiterate — they have YET to apologize for their public witch hunt against those three innocent young men. Until then, they have marked themselve as scum to a man (or “near man” as it were).

    ________

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  35. DPeezy

    Indeed, on a certain level I was just kidding. I’m sure the FBI doesn’t give a flying fuck what statements the faculty might or might not make.

    The point I was making is that we know about as much on this case as the faculty knew on the Duke Rape Case, so for us to be condemning this guy is akin to the Faculty condemning their students.

    Yes, the specifics are quite different, but it’s the principle of prejudgment against which I’m arguing here. And just because that goes on every day in the media (both ‘independent’ and ‘mass’), the internet, and this here blog…that doesn’t make it ‘ok’.

    Innocent until proven guilty, no?

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  36. DMG

    “The point I was making is that we know about as much on this case as the faculty knew on the Duke Rape Case, so for us to be condemning this guy is akin to the Faculty condemning their students”.

    UNTRUE – we know a lot more about this case then the faculty knew re the Duke ‘rape case’. http://media.www.dukechronicle.com/media/storage/paper884/news/2009/07/01/News/Health.Director.Lombard.Faces.Child.Sex.Charges-3749959.shtml

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  37. DPeezy

    Right, because the charges brought against the Duke lacrosse players weren’t plastered all over the media?? And that made us & the faculty KNOW more??

    That is the exact point I’m making!

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  38. DPeezy

    That being said, we should all be more concerned about the ALIEN INFESTATION that is starting to happen in North Carolina:
    http://www.youtube.com/watch?v=TcKpx2DxGwY

    lol.

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  39. JakeGint

    DPeez — It would not be hypocritical for ME to convict before trial, as I have no prior behavior pattern on the subject area.

    The asshat faculty of Duke, however, should be far MORE up in arms given their history of “moral certitude” in the far LESS factual case of the alleged rape, especially given this was one of their own who has been caught (by the FBI, not by some drunk crack whooah) raping small children.

    And yet they are not. (Not so) odd, no?

    ____________

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