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
20,619 Blog Posts

During This State of Depravity and Wanton Excess, iBC Will Never Delve into Politics

About 4 years ago I steered this site, which was founded on tomfoolery and a diary to document my eccentricities, directly into the heart of Mount Doom and took up political discourse. At the time, I was rewarded with BIG DICKED page views. iBC’s Alexa ranking shot up from 75k to under 4k — posts emblazoned with fire got 500,000+ views and ad revenues shot higher in tow.

The subsequent result of all that is as follows:

  • A constant feeling of dread for taking up a discussion that divided people.
  • Stirring up emotions and making “enemies” out of people who I used to be friendly with.
  • Betraying the mantra of the site, pivoting directly into a poisonous bush of berries and eating them all.
  • Blacklisted on Twitter, banned on Facebook, Banned on Youtube — which resulted in loss of a decade’s worth of content, including Fly cartoon series, and of course google labeling the site as “dangerous” — banned from google ad words.

All of that was quite literally for nothing — since I really didn’t give a shit one way or another. I have no power over the results of any election and even if I did — with the two party system in place — is there really a fucking difference?

If you’re curious as to where the fuck people have gone on the site, as it once was a place brimming with bloggers (200+ at one time) and comment threads 200 deep; I have since halted all new bloggers to the site and restricted comments for new readers due to a spam situation that I will address when we redesign the site. Almost all of the commentary is now behind the gilded paywalls of Exodus, where the Pelican Room is active with discussions, everything but politics — which is banned there too.

All of my efforts are focused on two things now.

1. Completing and launching Stocklabs.
2. Completing and launching Stocklabs.

Third party ads have been removed from the site — because fuck them, and I blog a lot less than I used to — because I am trying to focus more on Completing and launching Stocklabs and also trading. I have never, in my whole life, traded more than I do now.  The reason why I do not post stock ideas here anymore is simply out of respect for people who pay for Exodus. I also realize some of you cannot or do not want to pay for Exodus and I am ok with that, at the moment. I will launch some free tools for you to enjoy once we complete SL.  One of them is out now — Stocklabs News.

If you want to support the site and its efforts to create the world’s first Orbital Space Cannon (OSC) to be used for offensive purposes only — you can purchase and read my two books — which will indoctrinate you into the House of Fly. Or, alternatively, you can get your iBC fall gear now — Country Club appropriate, and sport some of the finest fashions to ever come out from the internet.

One thing you will not get, which was the whole point of this fucking post, is divisive content that will piss you off. I am the only one that is allowed to hate here, mostly me against all of my unseen enemies attempting to capsize my warships. For example, last week I was distracted by a cadre of FUCKING MISFITS on Twitter with some inane poll. We got the war machine running hot and rigged the whole election. Whoever I wanted to win, won. Whoever I wanted to lose, lost. Just like in real politics. I even made myself lose because I quickly learned I hated all of those people and wanted them dead.

See “Veblen” entry in the previously hidden iBC Dictionary.

Off to the Grande Druid Lodge.

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11 comments

  1. acehood

    Well said.

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  2. tradercaddy

    I’m still here and will continue to read Fly’s irreverent and creative blog.
    I will share it with the folks at the long term care facility some day.

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  3. purdy

    Bah. .

    There’s nothing wrong with pissing into the two party wind in order to focus just some of your audience on things like stopping nuclear war, pandemics, asteroid hits, Carrington events …i.e., on whatever you wish for the sake your grandkids.

    Perhaps you’re trying to rationalize your focus on feeding fish to the buyers of …oh, say, shiny Mercedeses.

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  4. edge

    Fly your site is my favorite. I always come away with something, no matter, I just ask my shrink to adjust my drugs. Yes. I will purchase some mercandise.
    I feel as if I have to post this, as it sums up the markets at this point about as well it can be done with this number of words. I hope you all approve and insult me accordingly.

    No one can ever say for sure but I think the risk/reward is tilted to the short side.

    The whole premise of this rally- since 2008- is that the government, through deficits and QE, would be there to support the economy and markets.

    We have hit a political roadblock. An adequate stimulus bill will not be allowed on the floor of the Senate; fully half of the GOP caucus would be enraged at the prospect of a Democrat passed bill. So it ain’t gonna happen.

    But it gets worse. The most likely outcome is for the GOP to hold the Senate and a Biden win, which will produce the same problem. 

    Assuming it doesn’t work out quite like that, what is the upside? Probably not much but the downside could be enormous.

    FWIW, the negative money flows lately are typical of a major bear market, but don’t panic, they would need to go on somewhat longer before it could be called an indication…but keep an eye on it.

    Before someone brings up the Fed, I’ll do it. Powell, in so many words, has said that he can’t do any more without fiscal support (deficits).

    I think he is correct. Fiscal and monetary policy must work hand in hand. The Fed is starting to get ahead of itsself

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  5. Black Swan

    Serious (non-divisive) question. Would you vote for Trump again? As a non-American I still can’t gauge how this will play out. Any guesses?

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    • edge

      I can’t speak for Fly but I see Biden winning, especially if Trump can’t gain ground after the debate.
      Trump will try to attack mail-in ballots, and he’ll seek to intimidate at the poll with his armed citizen “poll watchers”. And of course covid will be a bigger deterrent to Democratic voters.
      It looks like Biden will have enough votes to overwhelm all of that but then there is potential unrest…what a God-awful election.

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  6. edge

    OK I did it. Bought Journey Into Fear. 2008 to 2012 or so really stands out in my mind. The excitement of the bear market was electrifying, and for us economy nerds the revolutionary theories percolating at Pragcap.com were mesmerizing. Those theories completely changed the way most of us saw the economy and brought about an historic increase in humanity’s understanding of economic fundamentals. Good times. I miss them. I am looking forward to reading about your battles and internal struggles at the time.
    The present has the potential to be more interesting but in a much more terrifying way…I will not miss this putrid chapter of humanity.

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  7. soupbone

    You caught flack for what was supremely good reading almost every day. Our loss.

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  8. edge

    Aw hell they got Donnie’s tax returns. Such awful timing.

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  9. Po Pimp

    “with the two party system in place — is there really a fucking difference?”

    Uhhh yeah, there’s a BIG fucking difference. Those that keep spouting this shit are either haven’t been paying attention to what the GOP has been doing since America had the audacity to elect a black guy as President.

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