This whole stimulus check idea has me pissed off. Instead of helping the economy in a real way, through tax cuts and deregulation, the Gov’t cheese fuckers want the people (consuming fucktards) to consumer even more. Will someone remind those constitution fuckers that America has a negative savings rate?
Sending checks to people, while encouraging more reckless spending, is grossly irresponsible. Instead, the Gov’t should encourage people to pay down their debit, or even worse: SAVE IT.
It looks like [[SNDK]] is warning, again. Plain and simple, the semi’s are dead and are not coming back this time. The industry has changed and no longer possesses an iota of pricing power. Without doubt, betting against them, via [[SSG]], is a good idea.
Finally, I expect Bernanke will cut rates on Wednesday. However, keep in mind, after this meeting, the FOMC will not meet until March 18th, essentially taking the helicopter off the table for awhile.
With my money, I will not make any big bets, while helicopters are on the horizon. For now, I will instruct my trader/servant to ever so quietly buy [[SKF]], [[SMN]], [[DUG]], [[REW]], [[SSG]] and short [[DECK]], else I’ll punch his fucking head off.
UPDATE: New Home Sales 604K vs 645K consensus, prior revised to 634K from 647KComments »