iBankCoin
Stock advice in actual English.
Joined Sep 2, 2009
1,224 Blog Posts

Super Committee Failure A Dumb Excuse To Sell

Come on, you can’t really care that the “all important” body couldn’t come to an agreement? I mean, what does that say about the state of mind of people; who in their right mind thought that the super committee was actually charged with cutting anything to begin with?

I told you all back in August, the super committee was Democrats pulling the wool over the tea party. They won a huge victory that nobody seemed to see.

Game. Set. Match.

By the numbers, the tea party should have gotten everything they asked for. At the very least, they should have gotten something. But instead those retards traded a huge majority for a 50/50 voice on an asinine committee that could be overruled at a later date.

And oh yeah, failure meant the axe is to fall on all of the tea party/Republicans favorite parts of government. The Democrat’s entitlement programs weren’t even in danger. Brilliant strategy…

It was a rookie move led by freshmen Congressmen. They fucking lost months ago.

The world wasn’t really expecting anything from this, was it? It’s bad enough you all bought into the EFSF garbage, but the super committee too? Why doesn’t the market sell off next on news that the U.N. is a bloated and ineffective body that doesn’t accomplish anything?

Blimey, nine out of ten of you need remedial aid.

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5 comments

  1. jose mann

    the market will use whatever alibi to move in the direction they want … after they suck everyone in with this retard October rally …

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    • Mr. Cain Thaler

      You’re right, sadly. I really long for trades that make sense to the environment, but oh well I guess.

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  2. kedzilla

    I truly believe we are due more weakness, but may be scared enough to cover my shorts.

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    • Mr. Cain Thaler

      Not contesting that point; I never really believed in this rally (to my detriment).

      But really, of all things to spark a selloff, people decide it’s the super committee?

      “Oh..my…gawd. Bengali’s live in Bengal, not India? SELL SELL SELL SELL”

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  3. drummerboy

    who in their right mind that traded from 07 till now could believe anything at all……super committee was a stall tactic,another way of kicking the can for however long they needed time.just crash already,the real builders are waiting.

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