Everyone is so dramatic. The homofied media is all about stoking up “currency war” fears now, because their ratings suck . Frankly, I’d like to punch their eyebrows off then kick their faces in with wooden clogs. I’m tired of all the nonsensical jargon. If I was running a CNBC show, I’d just look at the camera for one hour, like a staring contest, and throw slices of pizza down onto the exchange floor.
There is no need to have commentary with voice. We all know what is happening. Just like spaceships and neutron bombs, the government is in control of the market, as evidenced by share price of the preferred eatery of ALL Washington insiders: CMG.
It’s true, the market is showing signs of wanting to rape people: look at BUCY/JOYG today. It’s entirely possible that ALL AVAILABLE investment dollars will plow into the shares of CMG, NFLX, AMZN, BIDU and AAPL. It’s actually more than possible, but likely.
At 11,100+, the Dow is probably 5,000 points “cheap”, based on future POMO dollars.
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Still First!
Do you realize how utterly gay it is to have a “need” to be first?
What are we? In third grade?
We is in the therd grad and hav ben for six strate years.
Everyone needs a hobby.
lol- grate avater!
U r my favorit. And then Kurlee, Moe, nd Shemp.
pnwed!
Do you realize how idiotic it is to use “gay” in that context?
“I’d just look at the camera for one hour, like a staring contest, and throw slices of pizza down onto the exchange floor.”
—
I’d watch tha hell out of that “show” ! LOL
.
Fly- how is it that here in America where we tout free speech, no one talks publicly about Government manipulation, bank fraud, etc. It sure would be nice to watch media journalists shove microphones in the faces of Bernanke and the politicians, incessantly asking questions about mortgage gate and the like, just like we saw them do with the likes of Madoff, on the 6 O’clock news. Instead, people watch these pussified “reality” shows about being fat or being able to sing or dance. Ridiculous, what America has turned into.
we have no press. just people who publish press-releases.
Who owns most of the media in the USA? Who are they tied to? If it isn’t on mainstream news, its considered conspiracy theory. But you’ll never see truly damning expose on the connection between maintream media and gov’t and … on mainstream news.
Rolling Stone magazine is the last publication left with real journalism.
Soros and company are buying this sandbox called the USA from every possible angle, including the media.
You gotta love Apple. Even the president is now grovelling at the feet of Steve Jobs.
You have to realize, grovelling is a core competency w. our current POTUS.
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Grovellers can get pretty good jobs it seems. If only I had taken a grovelling course in high-school. Then maybe I’d be a high-level politician.
The European Central Bank should worry less about the “phantom risk” of inflation and instead focus on the rising threat of deflation which could result from a currency war, economist Nouriel Roubini said in an article for Roubini Global Economics clients.
“The stubborn ECB would rather kill any chance of the PIIGS recovery rather than consider further QE, which it finds unacceptable, citing the threat of a rise in inflation,” Roubini said.
…
Hhahhahaha. “phantom risk”. That’s a good one. Like the “phantom risk” of a guy with a live-firing machine gun jumping out of your bath tub while you’re taking a dump.
Oh my! lol
Some people need to be first. You must respect that.
Ibc will be election blogging.
Details will shock and amaze
Moo hoo hahahahahahahahahahahaaaaaah!
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CMG…good grief. Maybe you should hurl burritos on the floor instead.
CMG = Jake’s new set, Cash Money Gints
When at lunch today have your usual gay pastrami with both mayo and mustard and beep up RollingStones.com to read commentary on Matt Taibbi’s, “Griftopia”. I’ll do the same without the ‘wich and have my usual juice glass filled with marc and puff a Gauloises. Merde!
POMOs and QE are the secret to eternal prosperity. We are in financial Nirvana. Zimbabwe Ben has saved us from the horrible fate of actually letting markets be free. It is much better to have The Fed control every tick of stock prices.
With our foreign debt and domestic debt and morgage debt and student loan debt,
and pension fund shortfalls, it would be IDIOTIC for the government NOT to print money,
inflate stocks, and devalue the dollar and the debts.
One would have to be a moron not to grasp that concept.
PRINT, BABY PRINT!
No one doubts that it will happen. But here’s a question: Is it better to simultaneously raise debt levels exponentially at a pace at least as fast as inflation (As Obama and Harper are doing)?
Fine. Inflate some away. But to exacerbate the problem at the same time through legendary iceland-style deficits?
The first Obama deficit (FY 2010) is $121 billion LOWER than the last Bush deficit –
FY 2009. Now if we would slash the Military budget by a third, we’d be in Fat City.
The Fed and Obama (except for his Afghanistan Surge) are on the right track.
I wasn’t a fan of Bush’s big spending either. The world is suffering for that too. No need to make it even worse.
Don’t call it the “Bush deficit” when Nancy Pelosi and Harry Reid have been making and passing the fiscal budgets since 2007.
Congress holds the purse strings, and Obama’s Congress (when he was a Senator) spent like drunken sailors (viz. Ron Reagan, who said “that would be an insult to the sailors because at least they were spending their own money!).
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Blatant big con games…
From http://finance.yahoo.com/tech-ticker/g20-to-tim-geithner-'you're-joking-…-right’-535534.html;_ylt=AnDfOIxYkzx3OtWGvKIgS1S7YWsA;_ylu=X3oDMTE1bjI0Y251BHBvcwM0BHNlYwN0b3BTdG9yaWVzBHNsawNnMjB0b2dlaXRobmU-?tickers=%5EDJI,%5EGSPC,GLD,UUP,UDN,FXI,TBT&sec=topStories&pos=1&asset=&ccode=
“Ahead of the confab, Treasury Secretary Tim Geithner sent a letter requesting the G20 “commit refrain from exchange rate policies designed to achieve competitive advantage by either weakening their currency or preventing appreciation of undervalued currency.”
… notice how nowhere it mentions in this article that the Federal Reserve and the central banks worldwide all together own the Bank of International Settlements, and these banks meet regularly through the BIS to determine policy.
The news reports it like it’s the Federal Reserve vs/ other central banks, hwnein fact they all work together, in concert, in accordance with UN/IMF/World Bank policy.
The news today is nothing but PURE PROPAGANDA intentionally designed to keep people stupid. So why the fuck do you keep reading it? You wanna be fucking stupid?
Reference Fountain Head by Ayn Rand for understanding of why the news is exactly as we see it today. It’s YO fault. Well, it’s likely most people here are not at fault.
Objectionism?
No. Nobody wants to produce news that comes from independent thought. They would rather pump the opinion of the mediocre. Lest lose the favor of the second hander.
Then there is the Fly. The Howard Roark of the financial commentary game.
Who is Fly Gault?
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Let’s touch base to arrange a little face time so we can appear fully engaged… let’s be proactive, synergistic and leverage this thing… better yet, let’s circle back and do a deep dive so we can empower a paradigm shift with a value added, team building, best of breed, Six Sigma, perfect storm that could go viral… and be scalable! It can be a loss leader, but let’s focus on the low hanging fruit… also, look for change agents that generate robust ideation… make sure the concept has legs and allows our stakeholders to focus on our core competencies with seamless integration… as for the action items and next steps? Well, we’re going to be proactive and bench mark the bottom line… that’s the bottom line– in all candor… So that at the end of the day, we’re on plan, even if we’re off plan… we’ll have to manage up… manage down… and manage expectations… Net-net: It’s a win-win.
Somehow that makes total sense to me.
That was the most genius thing I’ve ever read – you could be CEO of any public company
I printed that out. I’ll need it someday.
I’m pretty sure its a direct quote from every upper-level manager I’ve ever seen wag their shaved mandible.
Fanfuckintastic!!!!
Totally amused that POMO trade didn’t work that good at all…..maybe this is the end of the gay homo pomo trade….dollar short is soooooo heavy of a trade
POMO has gone public; the word is getting out.
you are right…when I saw it on Bloomberg, it was over….good.
I will pay you 10 POMO dollars tomorrow for a Burrito today.
so when does the runner of the VXX ETF get sued in a class-action suit for running that POS straight to zero. given that its constantly hard to borrow the only SOB’s who can short it are the market makers who sell it to fools like me who think its a great buy at 14.
If given the power, id arrest everyone on this thread.
At least we’d all be in the same gulag together.
My dadee sez u kneed too stop beeing meen to childen.
What happened to your gendarmes power, Monsieur le Magistrate?
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Yea! Politics in ibc!!
Latest post in Peanut Gallery on strategy, nflx, pomo and current trades – http://www.ibankcoin.com/peanut_gallery/index.php/2010/10/22/17290/
REMEMBER EVERYONE:
Whatever % you made or lost this month in the market, deduct an additional 3.5% from the total……compliments of Bubble Benny and Timmy G for making your dollar denominated assets worth less and less and lesssssssss every month. God Bless America!