Back in 2002, I wanted the Fed to lower rates. The economy was shit on a stick and joblessness was abundant. Fast forward to today, I fucking hate the fuckers who ruined the economy, namely the housing assholes. Because of this, I’m against rates going to 0% (inflation adjusted). Plus anyway, aside from the fag state of California, unemployment rates are benign.
I’m not sure if it’s just me, but I want those banking fuckers to pay a price, without severance, for what they did. Look around, you can see the economy is slowing. Low-end stores are closing. Mall traffic is pathetic. Starbucks is less flamboyantly gay.
However, we all know, the only reason why Bernanke is slashing rates is to “help out” the banks. On top of that, we have Moody’s and S &P publicly committing fraud, with the friendly help of Gov’t officials, keeping the monoline’s AAA rated. The whole situation is surreal and wreaks of misconduct.
It’s not a surprise to me, when at dinner parties or other “high-end” occasions, to hear people bitch about Wall Street, unwilling to invest in the long term viability of America.
Now, the great rage is commodities. Wall Street is spitting out commodity ETF’s faster than Gasparino wolf’s down meatballs (no offense to chop meat lovers). As sure as I’m sitting here, 10 bucks says commodity prices top out within 6 months.
I say this with certainty because Wall Street bankers are ALWAYS wrong. They feed people what they want. Most of the time, the masses or unwashed are 100% wrong.
With regards to bad tips:
Throughout the years doing business, I’ve been the recipient of terrific tips and horrendous ones. It’s the nature of the tip business. The “tipper” has an agenda. Always keep that in mind when taking a tip for face value. Upon receiving bad tips, “The Fly,” without warning, will send a few bored guys from Brooklyn to the “tippers” house to spray paint “I’m a fucking jerkoff” on the side of his house.
In general, trading off of tips is a bad idea.
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