iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,433 Blog Posts

Don’t Be a Loser!

[youtube:http://www.youtube.com/watch?v=MEV2dqojopY 450 300]

This one goes out to you small town homos.

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48 comments

  1. Breaking News

    http://chowhound.chow.com/topics/309365

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  2. mrkcbill

    McCain will dominate Kansas fucker,so in a sense I will be on the winning side of that trade. Kind of like picking a Horse to show.
    I’m sick of hearing all of these BMW, latte sucking, American Express swiping people crying over their standard of living.

    The night of Nov.4th or maybe early the next morning will be a wild one…Win or Lose for Obama.

    If it looks like a duck, and walks like a duck, and quacks like a duck….it probably a duck.

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  3. The Fly

    The RNC needs another chance. By golly, should Obama get in, he may ruin the economy!!!

    Fucking socialists.

    NOTE: I am indifferent to politics.

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  4. Goldie

    We will make Mc Cain president of Kansas then.

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  5. gappingandyapping
    gappingandyapping

    mrkcbill: I could not agree more about the BMW latte fuck faces that live among me in Chicago. They act like they are being fucked in society and they want a “change”. Well the change will come in the form of revoking that BMW and flushing the latte gayness factors. We fucking pay 10+% in sales tax and a shitload in property tax due to the gayness they are promoting, well prepare for 15-20% tax and lets see how that latte tastes now. Seriously, fucking go to the Middle East if you think you have it bad here. Losers.

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  6. cheesefries

    You’re a flaming liberal, don’t give me this shit about voting Republican in the past. I hope you enjoy paying taxes shithead.

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  7. Belmont Ave

    For all the “smart people” on this site who “know” who will win the presidential election, please – for fuck’s sake- MAN UP! You’re so fucking smart, put your money where your big mouth is (not you cap, we know where your mouth has been) and place a WAGER with real money. There are a gazillion sites on the inernets to do this. So, rather than telling the readers who you feel is “definitely going to win” or posting a video with some fat fuck who thinks he’s cool – place a manly size wager (which is really a sure thing, money in the bank, no?) and post it here.

    Then after Nov 4th, you can gloat all you want (or try getting your girlishly small foot out of your mouth) and tell us how much money you won by winning your ‘sure thing’.
    -Good day
    p.s. Curlin wins the breeders cup in about 15 mins. $50 to win (definitely not a sure thing)

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  8. cheesefries

    You my friend are a homo, no offense to gays.

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  9. mrkcbill

    Fly thought you would like this nugget

    http://www.kansascity.com/entertainment/columnists/hearne_christopher_jr/story/854477.html

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  10. The Fly

    Fuck liberals. Fuck conservatives. Fuck everyone equally I say.

    I don’t give a fuck.

    I will throw coffee cups on your front lawn, while spraying toxic pesticides on DT’s Lemon Tree.

    Anyone who thinks he is changing the country, via his vote, is a fucking idiot.

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  11. The Fly

    BTW:

    You small town fuckers will fall victim to dust bowls soon, God willing.

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  12. The Fly

    Cheese:

    I hardly pay taxes. I have a great tax attorney. Need his number, son?

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  13. cheesefries

    I have one also, FYI I just put him on speed dial.
    The last lib President with policies parallel to the Messiah was Jimmy Carter. Watch and learn…

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  14. mrkcbill

    Fly go get you some big city chicken robster tonight…

    Ribeye for me tonight good old Kansas BEEF. That is if there is not a tornado.

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  15. The Fly

    For the mentally impaired idiots:

    The video above is a JOKE, made by a McCain supporter. You really are lame.

    Mrkc:

    Kansas is for loser football/baseball teams.

    Cheese:

    Oh how I relish the policies of this current administration. It’s been so good for me. I get to do all sorts of egregious shit. God forbid a Dem should enter office, well, that fucker may make my tax attny work an extra hour or so to find a new loophole.

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  16. The Fly

    While the economy collapses under Obama, at least the media will be kind to him.

    That’s what’s important.

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  17. cheesefries

    Get long Arugula stocks.
    http://www.youtube.com/watch?v=EOrIQ52A2Uk

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  18. The Fly

    Need to run.

    Just know, Lenin would be proud of the job Czar Bush has done, thus far.

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  19. Mike Hunt

    Hey!

    You American fuckers sure do whine on a lot!

    Havent’t you learned that this fucking market is a runaway horse! You might as well try and control Clintons cock!!

    Which is what I do for a living – actually.

    Anyway, fuck you because being English I will politely spit quaint quantities of scorching-hot Lord Grey (thats tea you fuckwits) onto your dollar shaped genitalia.

    Mike

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  20. cheesefries

    Fly

    I would get out of NYC/LI ASAP.

    http://www.youtube.com/watch?v=2pbp0hur9RU&feature=related

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  21. Belmont Ave

    Mike – go fuck a basket of PG tips. Say hi to Guy Ritchie for me.
    or not,you flaming felcher.

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  22. Mike Hunt

    Thanks Belmont – your a brick.

    FYI, in the UK, we don’t have ‘baskets of PG tips’, they are called ‘boxes’ and singularly, ‘teabags’.

    A ‘teabag’ contains many tea leaves whereas a ‘box’ contains many ‘teabags’.

    Guy did the honorable thing with Madge and dumped that sub-prime fluffer along with her Kaballah BS.

    As for flaming? I prefer it on my Burger King BK double with bacon.

    As it is 11.58pm in good old UK, I will have to say adieu to you all.

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  23. scum bucket

    you sure got a purty mouf fly.

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  24. DPeezy

    You smell what Barack’s cooking?
    Victory! Sweet, sweet victory.

    Might as well make your peace with it now.

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  25. CAP

    Quit the politics !

    Ray Dalio has been telling his clients that the ‘world is entering a depression caused by an irreversible deleveraging spiral in which super low interest rates will have little economic impact’ per Barrons. His company Bridgewater Associates manages $150 billion. What kind of impact is Dalio’s views having on the market ? If this is what Dalio thinks, he is definitely not long equities. Infact he may be selling and shorting everything. What positions does Bridgewater have ?

    “I believe that in my lifetime, there will never again be as much leverage used as was used a year or two ago. If that’s right, those who are at the periphery of the credit system will die. In other words, because there won’t be as much credit to go around, those who built their businesses on it and won’t get it will fail. And it will be very important to know which companies will fail, what it will be like when they fail and what the economic landscape will be like without them.”

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  26. CAP

    Here is $3 billion of holdings by Bridgewater as end of June. Nothing big stands out. Pretty diversified over 100s of positions.

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  27. gappingandyapping
    gappingandyapping

    Gotta love this video: http://www.youtube.com/watch?v=sQXcImQfubM

    Tough asking important questions. Personally I plan to go into the field of cutting costs and people for small businesses, these types of consulting companies will moon shot soon.

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  28. Donny

    What Asshattery is this?

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  29. New Hampshire

    Or you can vote for John McCain, then he can win, and then you can be a winner.

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  30. Damon

    The current market is a like a reciprocating saw.

    For example…..a Milwaukee Sawzall.

    For many, many years, this has been the “go-to” tool.

    It is the ultimate power tool for getting rid of sh-t on the job that won’t go away.

    For those unfamiliar with it, you use the Swazall, when you have run out of other specific tools to handle the job at hand.

    Now…. think about it…..

    The Fly is basically a Sawz-All.

    He gets the job done, much better than most of the other “fools”, er…I mean “tools” in the business of trading equities.

    I see a future on CNBC for the “ultimate tool”.

    But that’s just my opinion, I could be wrong.

    As far as this election b.s….check out the future when it comes to capital gains taxes:

    http://www.youtube.com/watch?v=491_5WxfcgI&feature=related

    God Bless y’all

    Glub Glub Glub

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  31. cheesefries

    “I don’t know who’s writing your questions,” Biden shot back.

    Biden so disliked West’s line of questioning that the Obama campaign canceled a WFTV interview with Jill Biden, the candidate’s wife.

    “This cancellation is non-negotiable, and further opportunities for your station to interview with this campaign are unlikely, at best for the duration of the remaining days until the election,” wrote Laura K. McGinnis, Central Florida communications director for the Obama campaign.

    McGinnis said the Biden cancellation was “a result of her husband’s experience yesterday during the satellite interview with Barbara West.”

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  32. Damon

    Oops….

    I failed to give credit to the actual tool (and for those who have never seen one):

    http://www.milwaukeetool.com/us/en/news.nsf/vwFeaturedProducts/4CBA61C6E299F75D86256FEB0072211D?OpenDocument

    p.s.: I think I didn’t spell sawzall right at least once!

    Mosel Tov

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  33. j

    Cap

    Ray’s an idiot. He’s been preaching doom and gloom since the early 80’s, so he has no idea.

    I do.

    Leverage is not being reduced. The CB’s actions are showing that they don’t want leverage reduced otherwise they would have allowed all the mal-investments to clean themselves out. What we’re seeing is the progression of debt being moved from one sector of the economy to another. As traders what we have to do is figure out where it’s going and then ride the next wave up.

    We have fiat money which by definition means the government will do all it can to encourage debt and casino gaming. You should never lose sight of that. They will fuck the creditor in order to save the debtor.

    I’m thinking that the next debt binge will be in commodities in a huge way.

    I’m investing long term in large commodity players like in oil and raw materials as I believe this stuff will surge in the next few years once the money spigot works it way through the system.

    Here’s why.

    The emerging markets will slow down as a result of the first world’s recesssion. However they will quickly begin to move aggregate demand from the export sector to the internal market. This of course will take time but will happen.

    All the projects for second and third string miners have been or will be mothballed simply because they won’t be able to get financing for the next few years. As demand picks up the only dudes able to supply the materials are the big players and the price will sky-rocket again.

    People will laugh at this but I expect miners like BHP to trade well over 100 bucks a share in 3-5 years time in the Australian stock which means it could see well over a 4 times price increase. The Austrlain dollar is hugely cheap at the moment so I would buy the Aussie currency stock and not the ADR as you wanna be selling the US dollar and buying aussie to get a bigger gain.

    That’s my long term big bet. If it plays out I’m thinking of pre-ordering a Gulf Stream 5.5 or even the global express….. His and hers. (Double order).

    ————
    All you suckers waiting for the crash. Keep waiting as it’s already happened. Me, I’m buying commodity stocks. And I want to personally think the Flymeister for putting me on NOV.

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  34. j

    And if you want leverage and a fucked up currency that will allow you to make more money because of incompetence and more leverage vote for the Dems and Obama.

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  35. BOOMER

    You can’t tell by the performance, but Taylor Swift is a pretty talented gal. She’ll be around for a while methinks.

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  36. Eye No Stuff

    cheesefries – Yes, fuckface … let’s not pay higher taxes. Let’s just keep leveraging up Uncle Sam with more and more debt so we can go through this market crash again in another 10 years. Republicans suck – all they know how to do is cut taxes, spend money, rack up debt, and ruin the economy.

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  37. crashed

    Does Tim Knight have the gayness factor?

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  38. political correcter
    political correcter

    actually, it makes absolutely no difference, republican or democrat, with regards to the economy. The rich always win… always.
    The money flows to them because they are smarter.
    If you declare war on the rich, they will protect themselves through a legal corperate entity, and if that is no longer allowed to work, they’ll find a country where their money is respected.
    It doesn’t matter if the nation taxes to spend, or borrows to spedn.
    If you really want a surplus, you need a economically fiscal president, something conservatives USED to be, before Nixon and the removal of the gold standard, and it resulted in Reaganomics.
    Dwight D Eisenhower, biggest surplus in history… an antiwar republican.
    Kennedy and Johnson = medicare and social security, the biggest financial time bombs in government history
    And of course, clinton took that and made an enron accounting fix, marking this social security and medicare as “income” and spending people’s future, thus declaring a “surplus”
    But republicans, don’t forget about Reagan and Bush’s enron like adjustment of GDP and unemployment adjusting inflation numbers and tinkering with the facts.
    Bush is a bad president because he spends like a liberal.
    Look at no child left behind… That’s what happens when you spend money… it was the most spent on education in history. But the democrats will say “you didn’t spend ENOUGH” like a bum at a casino saying I didn’t win because I didn’t bet enough on red the first time.

    Unfortunately, all politicians lately seem to think like bums… maybe it’s because they turned to politics because they couldn’t get a real job, or succeed in business. Speaking of losers… It seems all nations are run by losers.

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  39. j

    FYI, in the UK, we don’t have ‘baskets of PG tips’, they are called ‘boxes’ and singularly, ‘teabags’.

    Yea mike. And in the UK there are also lots of people walking around with horrible teeth.

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  40. lol

    j, I’m interested into why you’re so absolutely convinced we’re not going to crash and that “we already have”.
    40 years off of the gold standard, expoential debt is unsustainable, and it gets harder and harder to continue to expand credit at an exponential rate. Money can’t continue to flow at a faster and faster rate forever, which needs to happen as long as their as more and more credit. Obama hasn’t officially won yet, The US hasn’t brought it’s troops to Venezuela and/or Iran to spread even thinner, they haven’t continued to pay $1000 a month for social security, medicare, etc to the 100 million+ baby boomers in the US, and the taxes haven’t been hiked yet, several baby boomers still haven’t retired and will continue to do so, margin calls continue, deleveraging continues, and the foreigners haven’t jumped ship on the US dollar and treasuries yet, and the fed and treasury has continued to do everything to indicate things are much much worse than anyone could’ve imagined.
    Look at the IMF mortgage rest chart.
    Look at the historical cycles of depressions.
    Look at the current and forward P/E levels. They’re not even historically that low compared to the major crashes. Taxes aren’t up to 70% on the rich yet. We certainly could see a very large bounce before the market comes down again. Even Buffet admits prices will probably continue lower in the short term. Maybe the worst is over, but we have yet to retest or undercut the 52 wk low that was recently made. We still have yet to see that big volume selloff.
    Don’t say the Fly said buy NOV and ignore that he also said to own 50% of Cash in SKR and SRS.
    I’m not saying we will crash, but don’t write it off like you have a crystal ball.
    But hey, if you have some valid reasons on why we won’t crash more than we have, I would like to know why.

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  41. Come on Eye No Stuff…Thats ALL republicans know how to do??…I thought they did an excellent job of leaving stranded lower class citizens to fend for themselves during Katrina.

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  42. Eye No Job

    Heres your pink slip

    Dear Eye No Stuff,

    We appreciate your years of service and dedication as you have been instrumental in helping our small business grow. As you know, the Obama administration has been instrumental in passing new laws that require we provide health care to all employees and pay for the additional social security costs on your behalf. Since the company is an S corporation, the profits from the company are paid to the owners via salary and dividends. Based on the new tax structure and costs incurred for employees, my accountant has informed me that I will need to eliminate your job and employee8. I was told that the business income will decrease with the loss of my two valued employees but my gross pay will remain about the same. You see, my gross pay is made up of salary and dividends. Since my gross pay is normally $251,000. The new taxes will take a significant portion of this money. By reducing your jobs and taking it easy, my gross pay will be around $245,000 which allows me to stay in the poor mans tax bracket. The irony here is that by eliminating your jobs and doing less, my take home pay will be more than if I keep you employed and work hard.

    Good luck at your new job at Walmart,

    Regards,

    Corporate America

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  43. j

    We’re not going to crash because everyone expects a crash. That’s why. Can we go down further? Sure we can but we’re not going to go crashola all of a sudden. Although my concern is heightened at the moment as the stupid fucking japs are not doing anything about yen strength.

    But just to repeat… we used to expect a crash every other day in the early 80’s. Crashes come when you least expect them.

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  44. Belmont Ave

    Eye no: you have made it quite clear with your posts, you don’t know shit.

    http://www.youtube.com/watch?v=491_5WxfcgI

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  45. Figjam

    Hey everybody…Bear market got you down? Tired of seeing those brokerage accounts dwindle day by day?? I have a plan to get that bull market back!!

    First, lets RAISE income taxes (so we can give more to those who already don’t pay any taxes at all!)

    Then let’s go out and RAISE capital gains taxes (this one is sure to get investors wanting to jump back into the market!)

    Then we will MASSIVELY expand entitlement spending–you know, like government health care for everybody!!

    Foolproof! Guaranteed to make the Dow go to 40,000 by 1/20/2013 !!!

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  46. theman

    hey mike you and your britishbuttfuckery nation will soon be eating fish and buffalo chips

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  47. Dinosaur Trader

    Man, anyone know what happened to my lemon tree?

    Overnight the thing just wilted, and died.

    -DT

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  48. TX Slave Trader

    Jimmy Carter was the last great American president.

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