______________________
Y’all probably think I’m putting you on.
But I’m not. I stand today in awe of the recuperative powers, the very resiliency of the American people. Deep down, we are a people who almost universally subscribe to the simple concept of “leave me the fuck alone,” and let me just say, I love you all for it.
That Massachusetts, a state so reliably liberal Democrat that — in my lifetime –it has never been in play from the Republican side, could send such a resounding trumpet blast to those in the Washington D.C. power structure who would seek to usurp our liberty, well… it just has me kneeling in respect to our collective polity.
Thank you, Massachusetts. Thank you for issuing the second “Shot heard ’round the world,” almost 235 years after the first.
God bless you all, and God bless the United States of America.
_______________________________
Market talk— looks like the dollar is picking up steam tonight. Get ready for a possible dip tomorrow. Opportunities will abound. Cree, Inc. [[CREE]] crushed it, and Veeco Instruments Inc. [[VECO]] will be rewarded too. Best to you.
_________________
Addendum: From the “This stuff never gets old department:”
[youtube:http://www.youtube.com/watch?v=c4aQCiRjvZY 450 300]___________________
If you enjoy the content at iBankCoin, please follow us on Twitter
Hear, hear !!
I’m honored that you stopped by tonight, Your Honor.
____________
U rock Jake Man…………….
IAG is now my largest position. I’m pleased I waited for this pullback, but I hope the run isn’t over yet.
It’s not.
Good luck.
__________________________________
I am most happy for a balance of power, it doesn’t matter which party as absolute power corrupts absolutely.
In his victory speech, Brown alluded to his campaign ads featuring his pickup truck, which the president mocked in a campaign stop Sunday: “When I spoke to the president, the first thing I said: ‘Would you like me to drive the truck down to Washington so you can see it?’ ”
The irony is that he is taking over Kennedy’s seat whose sole focus in life seemed to be universal healthcare, and brought the reform to the congress. In addition, the dems had changed the rules from allowing governors to seat a replacement in the event of a death/removal from office because they were concerned about Romney (a republican) placing a republican as a replacement. 🙂
Sell the news.
It looks like 2010 will be a lot of fun for political junkies of all stripes.
You give us too much credit …we were just pissed-off that Coakley thought Shilling was a Yankees fan.
I do not discount the impact of that, nor the “Fenway handshake” imperiousness.
____________
Nice post, Jake!
Jed
Yes, Jake expressed a nice hope and a comforting sentiment. Often he lactates emotion and suspends all thought.
Yes, Americans generally subscribe to “leave me the fuck alone”, but they don’t consistently honor “leave the other guy alone” …and they do want their free lunch before you leave them alone.
Well put. Especially the part about free lunch.
Even your douchebaggery can’t erase the glow of warm feelings I feel for you Massholes today, Purdy.
However, your bit about “emotionalism” struck me as even more fodder than usual for ironic comment.
How’d that hissy-fit vote for the Losertarian work out for you? Luckily, the majority of conservative and pragmatic Massachoo-ites didn’t put their stubborn pride in front of their concern for their country and families, and saved your ass in spite of yourself.
______________
Quote from Jake Gint circa 1774:
“Those Jefferson and Franklin guys are commie loserlutionaries.”
A few brief comments:
1. I thought you two were going to find some common ground. I guess not 🙂
2. I ignored [ err… strongly disagree with] the “Often he lactates emotion and suspends all thought.” part of the Mr. Purdy’s comment.
3. The fire and brimstone that Jake reigns [sic] down on his political opponents is one of my favorite parts of this blog.
4. The preemptive Rahm strikes of sending Chris Dude out the door early seems not to be working too well for the Dems. I’d wager Simmons beats Blumenthal here in the land of steady habits.
5. Looking more and more like gridlock in 2011.
6. The Choakely [sic] loss is probably the best thing that could happen to the Democrats. It’s the 2×4 across the head to pay attention to the midterms. Apparently losing governor’s races in 2009 was not enough.
“I thought you two were going to find some common ground. I guess not”
I totally agree with Jake’s assessment of Brown’s daughters.
You can’t be all bad, then.
_____
Agreud. It’s really all up to Obama and his handlers (aforesaid evil Chicago bastage Rahm, and Axelrod, who makes Karl Rove look like a girl scout) now.
Either they “do a Clinton” and tack right, thereby saving Obama’s hide in 2012, or they continue off the cliff with Nan and Harry (Harry is already at the bottom of the cliff, shattered)… I guess we’ll see.
___________
Actually, I don’t think they can do a Clinton and tack right. Or, well, they can talk a gae on the deficit. But if they had brains, they’d bring it to the Reps. The strategy up till now has been to play the moderate. That hasn’t worked–and it won’t work, since moderation and reasonableness does not satisfy the blood-lust of the unwashed. My guess is–and I’ve made this one before–is that Obama is going to play the populist card, and we’re going to see the black/urban/working poor vs. the numnutz deer hunter proto-fascists going head-to-head. The tea-partyers are going to get their chance to take on the govt and show what unpatriotic little shitheads they really are.
Here is my prediction:
1) Some tea-party types are going to call for various un-american activities…and, within 12-months, we’re going to see a right-wing domestic terrorism incident.
The Reps don’t have a leg to stand on, so the best they can hope for is to call into question the legitimacy of the govt. It’s more or less acceptable in your circles to do that anyway. It is at that point that the libertarians will show their real stripes (in deutsche!). We already know that there was an assassination plan on Obama. 50/50% that the domestic terror thing will be just such an attempt.
I will say, though, that your VECO call is good. AIXG is up, too, today, but not as much as VECO. I wish I’d looked under their hood.
Nah, you libs are always measuring someone else’s apples into your own solipsistic half barrel.
Most folks in the alleged “tea party” were up to now largely a-political, in that they may have supported candidates, etc, but for the most part, they were too busy to get involved in any serious “protest movements” thanks to jobs, kids, etc.
In their minds, that shit was for the hippies with more pot than employment time on their hands.
But these burgeoning tea party types have been riled up by what they see as a divergence in the traditional political structure — a hijacking if you will — and this has caused them to give up some of their valuable time to protest what they see as a bad direction for the country.
But for the most part, they are law-abiding, clean living mom & pop types, not nutbags like the professional protestors of the left, some of whom protest for a living!
Did you see footage of any of the before and after photos of the Mall after the big September 12th protest? Clean like no one had ever been there, because, like boy scouts, all those citizens cleaned up after themselves.
And you think they’re going to transform into bomb throwers like the lefty puppet paraders? These mom-jeans wearing middle Americans?
As Dana Carvey as Bush I used to say — “Not gonna happen.”
__________
Thanks for the hat tip on VECO, but I really hope you got some CREE!
_
Well, I made my prediction in public here. We shall see.
As for CREE, like I said, it’s my number one pick. I have 2000 shares at around $20, and I ain’t selling anytime soon.
Quote from Purdelicious, same era:
“(Sniffling) We can’t get our way 100% with those nasty Cavaliers down in Virginia, so Sam* and John*, let’s take our toys and go home!”
Oh, and “Long Live King George!!”
__________
* Adams
_____
Jake, dollar seems like its ready for a new leg up. Don’t you think we will see a nice pullback in the market here, especially in PMs/commodities?
Certainly looks that way, but the dollar did stall at these levels last week, so let’s see. I will be adding a little more SLW and EXK again today (I added some yesterday at 16.80 and 4.15 respectively) and likely some goldies too.
_________
Good morning Mr. Gint,
Nibbling at SLW @ 16.28 ….
Nibble more at 15.75. Seems the dollar markets think the election of Mr. Brown* will somehow alleviate our inflationary threat (due to the death of Obamacare).
Of course, Obamacare was not our only (or even our largest) inflationary concern.
______________________
* He certainly does have “a pair of lovely daughters,” doesn’t he?
__
Jake:
I don’t read you blog?
looksey. I linked the very funny Bunker you tube vid to an Oz libertarian blogsite several hours ago.
http://catallaxyfiles.com/2010/01/19/us-senate-by-election/
A nice heart-felt apol would be really nice 🙂
Well, I was the one banging the table on CREE and VECO, a couple of times in the last weeks.
But, that’s okay, that’s okay…. 😉
Aside — That Hitler thing amazes me at how endlessly hilarious it can be. I think I know every move now, having seen it in so many variations….
___________
I got that here by the way
Did you link back? 😉
__________
Trust me some of the dudes that commenters there couldn’t afford 1 Citigroup share. But they’re nice guys.
It’s run by an academic friend of mine that teaches economics here. I real red blooded right winger which is a rarity in that ” profession”.
Anyways I was all pumped up on hearing Brown’s victory.
Yeah, I like that site… are all those guys Ozzies?
Gives me some hope for the rest of the world.
_____
ummm jeez louise
Gram check at 4 am isn’t great.
Attention Pig Headed Libertarians — it’s better to reform from the inside than from the outside. From Libertarian-leaning Glenn Reynolds today:
And on the third-party front, the Tea Party enthusiasm for Scott Brown bespeaks considerable pragmatism. Republicans who are seen as sellouts may face third-party challenges — or primary challenges, or both — but support for Brown indicates that people aren’t in a “take your marbles and go home” mode yet. Throwing a monkey-wrench into the ObamaCare works was seen as more important than getting the perfect candidate in, and that was a very wise move. I suspect that we’ll see similar pragmatism between now and November, but the GOP should also remember — as was shown in NY-23 — that making an example to encourage the others can be pragmatic, too.
“Read the Whole Thing.”
_____________
i took this opportunity to jump back into:
ANV, EXK, SLW, FRG, CDE, IAG, EGO, RGLD and (roll of the dice) LIWA
hopefully, i done good.
Even if there’s more pullback, you ought to be fine.
Note that FRG came exactly back to the breakout line, as I had counseled. I hope you got it there.
________
yep, i think i got it at 1¢ lower than what you said, $4.84
Niiiiice.
______
You want the reason for today’s dollar rally?
I say again, although with some hesitancy this time….
God bless Massachusetts, even Bawney Fwank!
_____
Do you think any Bush-era Republican would have said the same thing if the situation was reversed? Cuz I don’t think so.
Well, actually a very similar capitulation was uttered by the Congressional Reps on Bush’s Social Security reform idea, if you remember that episode.
One of the reasons the GOP Congress of Bush’s Era (2001-2006) was such a spectacular failure, imho.
(The other more weightier issues were their overspending)
And don’t give Barney any kind of halo here — he is just making a politcal calculation like an old pro, to save his caucus’s skin.
_______
Nonsense. Come clean on this. You know you’re spouting bullcrap here. Have some integrity, my man!
To whom are you speaking?
__
That was to you, not to the other guy. My bad.
But about what? Bawney?
_____
Now we know that you love pin-up boys, Jake. Congrats on your revolutionary leader. I do say this is a new low for the REPUBS! I guess Long Dong Silver is going to run for President with Sarah Palin in 2012.
Go CREE!
You would say that, for what else could you say?
For us, it’d be like Hillary Clinton winning in Texas or something…. you guys must have really effed up! 😉
_________
Yeah, well they sure did. No question about it. I never said the Dems weren’t stupid dolts, especially when it comes to playing power politics. Coakley and Kerry really should be shipped off to… um… Alaska or something like that.
But, I’m not entirely kidding on the Dong/Palin ticket. It’s going to be something like that. I mean, they can’t field Huckabee, can they?
They will field neither.
If they are smart, they will draft the Governor of Indiana. Hands down the best Republican in the land.
_______
Pish posh, the true winner is Google:
http://blogs.wsj.com/digits/2010/01/19/how-scott-brown-used-google-to-get-results-in-mass-election/
And, of course, young men the nation over. Yes, “they’re both available.” LOFL.
Yeah, i would have never known about this election if it weren’t for those great google ads alerting me.
Whew!
You think Marcia’s (sic) team was unaware of google?
She was but got the state confused. I was seeing them all day yesterday right here on iBC — in CT.
LOL!
I think “Choakley” was unaware of many things, much to her chagrin.
“Makes a bloke feel proud.”
Thank you, sir. I did!
This comment added from my iPhone.
Some C wave we are having here in gold. WTF?
We never really had a nice pullback. I told you I was looking for this, didn’t I?
Take advantage whilst you can, I sez.
I bot 6k FRiG today at $4.87, and another 2k SLW at $15.96.
Also picked up 2k of LIWA at day’s end, thanks to the boys in the PPT.
_________
Isn’t that the guy (LIWA) who wears that funny little red beret?
Curtis?
Yeah, he’s Chinese now.
____
Is he taking Kuby?
Bollinger Band crash trades out the wazoo today. SSRI-absolutely crushed it’s lower band, SLW, GDX…many of them. Gary advised me not to take the BB crash trade, fyi. He thinks more pain to come and is recommending waiting for a swing low in gold or HUI touching the 200MA.
I think this level on GDX doesn’t hold up and we go down to 42.50, where there’s good support and the 200MA is intersecting.
http://www.screencast.com/users/Jayhawk1991/folders/Jing/media/940baffd-8d3c-4593-93f1-3fb74ccd6653
As you may recall from my early January post, that’s where I wanted to buy it.
No worries for the long term.
___________
in-cree-ible!
I think we see follow thru upward.
veco suave could be another moonshot
Banks too, Post up tomorrow morning, before market.
___________
Winter’s Tale is going well. i just met Peter Lake again–I wonder if I’ll meet Athensor again. Though, the book in this half doesn’t seem to have the cerebral flesh it did in the first.
It gets a little loose in the saddle as it goes on, but more revelatory.
You meet the horse again, no worries.
_______
Is this a financial or politico blog?
no matter …. the right wing has hotter chicks
http://gawker.com/5453081/here-is-our-republican-savior-with-his-famous-daughters
You know, it’s funny you say that Bruce… I actually turned on Fox the other night to see the election results (as I’ve mentioned, I try not to watch tube at all if I can help it, but election night stuff is compelling), and O’Reilly had his show on with two very impressive babes. In fact, the brunette was one of the most stunning women I’d ever seen on a political show this side of Nora O’Donnell in her prime (she ain’t looking as great these days, unfortch).
What’s up with that? Is O’Blowhard trying to spice up the sagging ratings? Good move, I say.
__________
Hey Jake, I’m late to the party, but great post. I was dancing around the house when I heard Brown upset.
We had a whole room full of poker players whooping it up.
Best part of the night was watching Olbie, Madow and Matthews continue to insist the American people expected the health care bill to be jammed down, no matter what.
Seriously, seriously insane people.
________
Sorry if this was already mentioned; have you thought about the China news and how it might impact commodes?
China does these things periodically, but it’s our dollar that will call the tune on commodes (sic), ultimately.
__________