Well, I did get in STB last night for a bit. If you don't get timed out and have all the time in the world the page will load. Takes close to 5m to load a page, so for me to do a post last night just to get into the add a post page took close to 20m. Not acceptable, so when I got in I railed a bit on the host register.com for their severe lack of communication and failing customer service skills. It was not a full rant. Their prior good grades and my good nature have kept the STB dogs at bay - for now.
Interesting side note - I started surfing on chrome about three weeks ago. My daily infection level went to ZERO. Surfed on firefox yesterday for some reason and got 122 pieces of crap on my machine.
Let me thank each of you for making the quick transition yesterday. It is always a nerve racking thing when a blogger moves or is disrupted, wondering how many readers will get lost or simply go elsewhere. I am tickled pink at the results of the team. I bet whoever it is that is trying to bring STB down is quite peeved right now. This is their 4th hack attempt and to see the results from yesterday we all sent a big FUCK YOU to the hacker.
Showing posts with label rant. Show all posts
Showing posts with label rant. Show all posts
Friday, September 9, 2011
Wednesday, March 10, 2010
Morning Protest
I'm slightly pissed this am. Well, does the second run on a BS rumor in a week really surprise you? Yup, it happened again. The market goes nuts on "rumors". Friggin Rumors? That's right. We've now entered a state where all it takes is for some floor trader to break wind and the market reacts like someone lit a fire under it. ZH brings you the details in their own unique way in The Scamming Of Investors Continues, Courtesy Of The Rumormill Formerly Known As The Equity Market. I'll put it this way, if they have to resort to possibly releasing speculative information (obviously information from reliable sources to people who are in the right place to move the market) then they are in deep trouble. Have the PPT's pockets run dry? The real problem is the SEC's lack of concern and the fact that this occurs so easily. Folks, this is the BS your markets have become.
On to the markets - Minis flat, markets overbought (that is a slight joke cause you know that I think every gain since April is fraudulent) and now markets are capable of a rumor driven ramp job at any moment to benefit the banksters as they have gone from taking cash out the back door on hand trucks concealed in some way to simply loading pallets on forklifts and taking it out the front door (this is your money by the way in the form of future tax liabilities).
After the move yesterday, I'm not all that inspired to give any sort of analysis. Why not just title my post - Morning Post - Another Ramp Job Today and be done with it? This shit is gonna bite them in the ass. Sadly, it is gonna bite you and me in the ass even worse when it all ends.
In protest of the government's (to many to list here) problems and inability to regulate anything I am not doing an analysis this am. Why should I? Isn't it painfully obvious that they know the market is bogus and are pulling out every stop to keep the levitation act going. Every BS move like this is a PUMP designed to suck in more of your money so they can DUMP. This is a suck job that Jenna Jameson would be proud of, yet sadly the benefits are not nearly comparable.
If you would like to see my charts go to the link to my chartbook on the right or click HERE.
Yes, I shorted (very lightly) late yesterday and was bold enough to swing it. FAZ and SDS. I will not stay around if they drop one cent under the purchase price.
It is beyond time to get active and do something to wake the sheeple up. Get active. Spread the word. Talk it up. Send emails with links to articles (or this blog, Mish, Zero Hedge, Denninger, Alex Jones - All links on the right in the blogroll). Let others know what is happening. Now is the time to be mad as hell while we may possibly still have a chance.
GL, you will need it.
Last night I included "Stop the Health care Takeover!" Petition to the U.S. Congress. Mish posted this last night -Pelosi: We have to pass the health care bill so that you can find out what is in it - you have to hear it to believe it. This shit has to stop.
On to the markets - Minis flat, markets overbought (that is a slight joke cause you know that I think every gain since April is fraudulent) and now markets are capable of a rumor driven ramp job at any moment to benefit the banksters as they have gone from taking cash out the back door on hand trucks concealed in some way to simply loading pallets on forklifts and taking it out the front door (this is your money by the way in the form of future tax liabilities).
After the move yesterday, I'm not all that inspired to give any sort of analysis. Why not just title my post - Morning Post - Another Ramp Job Today and be done with it? This shit is gonna bite them in the ass. Sadly, it is gonna bite you and me in the ass even worse when it all ends.
In protest of the government's (to many to list here) problems and inability to regulate anything I am not doing an analysis this am. Why should I? Isn't it painfully obvious that they know the market is bogus and are pulling out every stop to keep the levitation act going. Every BS move like this is a PUMP designed to suck in more of your money so they can DUMP. This is a suck job that Jenna Jameson would be proud of, yet sadly the benefits are not nearly comparable.
If you would like to see my charts go to the link to my chartbook on the right or click HERE.
Yes, I shorted (very lightly) late yesterday and was bold enough to swing it. FAZ and SDS. I will not stay around if they drop one cent under the purchase price.
It is beyond time to get active and do something to wake the sheeple up. Get active. Spread the word. Talk it up. Send emails with links to articles (or this blog, Mish, Zero Hedge, Denninger, Alex Jones - All links on the right in the blogroll). Let others know what is happening. Now is the time to be mad as hell while we may possibly still have a chance.
GL, you will need it.
Last night I included "Stop the Health care Takeover!" Petition to the U.S. Congress. Mish posted this last night -Pelosi: We have to pass the health care bill so that you can find out what is in it - you have to hear it to believe it. This shit has to stop.
Wednesday, October 7, 2009
Rant - Cause I Need It
Just how did we get to this point of total global economic screwedupness? Simple, those mother fuckers that worship power, greed, money and prestige took us down. They fucked not only this nation but the whole global economic system in the name of power and greed.
Guess what? They can't fix the problems either, so now they are in a large, sticky web of lies and deceit that is getting larger and larger. They are covering up shit with more shit and we all know that does not work. Sooner or later the floor under that massive pile of shit is gonna give. Guess who's standing under this huge pile of shit? Yup, you and me baby.
Do we deserve it, hmmmm...., somewhat. We took the bait and ran with it. What the fuck? It was free money and no one seemed to care who had it or where or how they spent it. We consumed and they kept giving us more money to spend. What the fuck was a nation with a negative savings rate and a WHOLE BUNCH OF ENTITLED MORONS to do? (Entitled my ass. What a spoiled ass POS nation we have become.)
Guess who is going to be standing high and dry after the shit falls? Uh, you guessed it. You see, those bastards are taking our money and saving their asses leaving us to pay for the mess. The TBTF and their bonuses, LMFAO. They are saving America. Without them you would have nothing. Go fuck yourself I say to that. You bastards got us here and I'd prefer you rot in hell and pay your penance rather than have anything to do with this "recovery".
The lies and bullshit have to stop. Unfortunately they will, but not because they threw so much shit on the pile that the problem went away, but because that pile of shit and lies is so big and growing at such a pace that no one will be able to dig their way out of this mess. Think of it as a set of dominoes lined up in a gigantic pyramid eternally expanding. The first 10 rows were manageable, but once they kept falling and expanding all control was lost. Systemic risk? Ha, our government and the Fed are it and caused all of it. What a freaking joke.
Mother fuckers. Kiss my ass. Fuck you I say. You took our trust and our money and threw it all away. I don't want to hear any apologies. You bowed to the special interest groups and FUCKED UP ROYALLY. You totally forgot why you are in Washington. You totally PISSED all over the Constitution and put your fucking self ahead of your constituents. If you can explain ANY reason why a group like ACORN is funded or give me a legitimate reason Sarb-Ox was canned, then I may have time to listen, but till then take your freaking lies and bullshit and stick 'em where the sun does not shine.
Hell, it has gotten so bad that the SEC is actually going back to work. Ain't that the shit. The total lack or any form of regulation from our representatives (who needs Sarbanes-Oxley anyway?) is astounding. We need a total overhaul of Washington. Maybe now the smoke screen of Hope and Change (Bush and Clinton are just as much to blame) has cleared and in this next election some real fucking issues will be addressed by real politicians (term used VERY lightly) speaking real truth and with actionable ideas. I won't hold my breath.
Our goose is not totally cooked cause we still got some dirt under our feet. As for everything else you can think of as reality, it may all end soon. Our bankers and the Fed and congress have really FUCKED the whole world and they are gonna get away with it cause WE are bailing them out (not by our choice though). It is time for some real change, and I have a feeling we're gonna let Washington know it before the next election, cause when that pile of shit falls we're all gonna be so pissed they won't be able to ignore us anymore.
END THE FED NOW!
I feel better now. Thank you.
For those of you that are new followers/readers to the blog, I apologize for the foul language above. I have to vent and many readers enjoy these. If you see rant in the title you have the option to simply ignore the post cause now you know what's coming.
Guess what? They can't fix the problems either, so now they are in a large, sticky web of lies and deceit that is getting larger and larger. They are covering up shit with more shit and we all know that does not work. Sooner or later the floor under that massive pile of shit is gonna give. Guess who's standing under this huge pile of shit? Yup, you and me baby.
Do we deserve it, hmmmm...., somewhat. We took the bait and ran with it. What the fuck? It was free money and no one seemed to care who had it or where or how they spent it. We consumed and they kept giving us more money to spend. What the fuck was a nation with a negative savings rate and a WHOLE BUNCH OF ENTITLED MORONS to do? (Entitled my ass. What a spoiled ass POS nation we have become.)
Guess who is going to be standing high and dry after the shit falls? Uh, you guessed it. You see, those bastards are taking our money and saving their asses leaving us to pay for the mess. The TBTF and their bonuses, LMFAO. They are saving America. Without them you would have nothing. Go fuck yourself I say to that. You bastards got us here and I'd prefer you rot in hell and pay your penance rather than have anything to do with this "recovery".
The lies and bullshit have to stop. Unfortunately they will, but not because they threw so much shit on the pile that the problem went away, but because that pile of shit and lies is so big and growing at such a pace that no one will be able to dig their way out of this mess. Think of it as a set of dominoes lined up in a gigantic pyramid eternally expanding. The first 10 rows were manageable, but once they kept falling and expanding all control was lost. Systemic risk? Ha, our government and the Fed are it and caused all of it. What a freaking joke.
Mother fuckers. Kiss my ass. Fuck you I say. You took our trust and our money and threw it all away. I don't want to hear any apologies. You bowed to the special interest groups and FUCKED UP ROYALLY. You totally forgot why you are in Washington. You totally PISSED all over the Constitution and put your fucking self ahead of your constituents. If you can explain ANY reason why a group like ACORN is funded or give me a legitimate reason Sarb-Ox was canned, then I may have time to listen, but till then take your freaking lies and bullshit and stick 'em where the sun does not shine.
Hell, it has gotten so bad that the SEC is actually going back to work. Ain't that the shit. The total lack or any form of regulation from our representatives (who needs Sarbanes-Oxley anyway?) is astounding. We need a total overhaul of Washington. Maybe now the smoke screen of Hope and Change (Bush and Clinton are just as much to blame) has cleared and in this next election some real fucking issues will be addressed by real politicians (term used VERY lightly) speaking real truth and with actionable ideas. I won't hold my breath.
Our goose is not totally cooked cause we still got some dirt under our feet. As for everything else you can think of as reality, it may all end soon. Our bankers and the Fed and congress have really FUCKED the whole world and they are gonna get away with it cause WE are bailing them out (not by our choice though). It is time for some real change, and I have a feeling we're gonna let Washington know it before the next election, cause when that pile of shit falls we're all gonna be so pissed they won't be able to ignore us anymore.
END THE FED NOW!
I feel better now. Thank you.
For those of you that are new followers/readers to the blog, I apologize for the foul language above. I have to vent and many readers enjoy these. If you see rant in the title you have the option to simply ignore the post cause now you know what's coming.
Monday, September 14, 2009
Link to Santelli Rant this AM . - What Demonstrations?
Embedding ability was disabled by request.
http://www.youtube.com/watch?v=I8ANCD-Ykk4
http://www.youtube.com/watch?v=I8ANCD-Ykk4
Tuesday, September 1, 2009
Am I Conceding The Top Is In? (And My Best Chart Yet!)
Am I calling a top? Believe it or not, no. Not till the lower wedge line is pierced will I be a believer. For the 100th time, I am playing it as the top is in, but not calling one. This is the hardest decision as a prognosticator I have had to make yet. Tops are supposed to make you grind, and I am grinding now. Maybe the true "top" was in April and everything since was the "blow off" sucker rally. The pump and dump is done. That really makes a lot of sense. That should be the call I make here and now. That is what my gut is saying.
Do the manipulators have any more tricks up their sleeves? Who knows? Hard to imagine they don't. The world is crumbling down around us. The "good" news is beginning to be ignored. China is backing out, more bigger banks are failing, the treasury is out of money, the FDIC is bankrupt, the Fed is monetizing debt, unemployment is maintaining a steady 500k clip, 40% of the homes in America are under water, the consumer is dead, GS can front run the world and no one cares, the national debt is insane, even CNBS's constant parade of bullshit is not working any more (today was priceless - they had no clue what to do all day - fuck them) and we have the worst administration running the show in history.
Am I being stubborn? Yup, my worst trait. Like a spoiled child I want my 1050 to 1121 target in October. Should I be happy that I got within 11 points and one month of the lower target range? FNA Absofreakinglutely. That is better than most if I am not mistaken and I ain't paid to do this shit. Should I be happy that I stared all my permabear buddies down and stuck to my guns all the way up? Yup. I did good or you would not be reading this mindless masturbation I am having with myself right now. I am churning inside. I'll hate missing "the call", but at least I will be playing it right.
If the top is in. Let's rock this party. FAZ me to the gills. WARNING - If the top is in, you are now on the ride to hell in a hand basket. You know they say to be careful what you ask for? Here it comes. There is no telling the misery and total destruction this could bring. Anarchy in the streets, soup lines, wars - this is gonna suck and suck for a long time. I anticipate at least TWO market closures on the way down. When they start running for the gates, they will all run at once. More on all this later.
Since we're topping I'll throw this in. I enjoyed the ride up, kind of, well, not really. Thanks for taking it with me. I appreciate all my readers very much. The ride down should be really interesting (for lack of a better word). If you thought I ranted during the market going up, wait till this country is getting ripped apart. I'll really be pissed.
On to the best chart I have done yet (and does a nice job of marking the top I refuse to call)-
I love what I have done with this chart. My daily indicator chart on steroids. Pay attention to the ADX. The large vertical red lines are all keyed by ADX sell line bottoming out.
Look at the coincidences with the other indicators (and the SPXA50 just below). PPO, RSI, MACD, there are NO FALSE TOPS HERE. Only 4 on the chart to choose from and they all worked. The only questionable top was in April when this run should have ended, thus furthering my argument that all gains since April have been bullshit manipulation and are not real (thus will be evaporated).
Right now SPX is in a channel down that I will post in the am or you can see here.
Chart best viewed HERE.
GL Trading.
Do the manipulators have any more tricks up their sleeves? Who knows? Hard to imagine they don't. The world is crumbling down around us. The "good" news is beginning to be ignored. China is backing out, more bigger banks are failing, the treasury is out of money, the FDIC is bankrupt, the Fed is monetizing debt, unemployment is maintaining a steady 500k clip, 40% of the homes in America are under water, the consumer is dead, GS can front run the world and no one cares, the national debt is insane, even CNBS's constant parade of bullshit is not working any more (today was priceless - they had no clue what to do all day - fuck them) and we have the worst administration running the show in history.
Am I being stubborn? Yup, my worst trait. Like a spoiled child I want my 1050 to 1121 target in October. Should I be happy that I got within 11 points and one month of the lower target range? FNA Absofreakinglutely. That is better than most if I am not mistaken and I ain't paid to do this shit. Should I be happy that I stared all my permabear buddies down and stuck to my guns all the way up? Yup. I did good or you would not be reading this mindless masturbation I am having with myself right now. I am churning inside. I'll hate missing "the call", but at least I will be playing it right.
If the top is in. Let's rock this party. FAZ me to the gills. WARNING - If the top is in, you are now on the ride to hell in a hand basket. You know they say to be careful what you ask for? Here it comes. There is no telling the misery and total destruction this could bring. Anarchy in the streets, soup lines, wars - this is gonna suck and suck for a long time. I anticipate at least TWO market closures on the way down. When they start running for the gates, they will all run at once. More on all this later.
Since we're topping I'll throw this in. I enjoyed the ride up, kind of, well, not really. Thanks for taking it with me. I appreciate all my readers very much. The ride down should be really interesting (for lack of a better word). If you thought I ranted during the market going up, wait till this country is getting ripped apart. I'll really be pissed.
On to the best chart I have done yet (and does a nice job of marking the top I refuse to call)-
I love what I have done with this chart. My daily indicator chart on steroids. Pay attention to the ADX. The large vertical red lines are all keyed by ADX sell line bottoming out.
Look at the coincidences with the other indicators (and the SPXA50 just below). PPO, RSI, MACD, there are NO FALSE TOPS HERE. Only 4 on the chart to choose from and they all worked. The only questionable top was in April when this run should have ended, thus furthering my argument that all gains since April have been bullshit manipulation and are not real (thus will be evaporated).
Right now SPX is in a channel down that I will post in the am or you can see here.
Chart best viewed HERE.
GL Trading.
Saturday, August 8, 2009
Quick RANT On HC And Our "President"
Thanks to ZH I did not have to look far for something to piss me off (I am at the beach drinking some cool suds and living the life - you are not supposed to get pissed off in that situation), but this jerk really can get in my shit big time.
From Reuters (via ZH) - Healthcare critics make outlandish claims: Obama "President Barack Obama accused his critics on Saturday of resorting to "outlandish rumors" and "misleading information" aimed at derailing his efforts to overhaul the $2.5 trillion U.S. healthcare system."
Misleading information? ROF LMAO - Let me ask this question? Hey BO (LOL, good name), have you read and understand all 1,000 plus pages of this bill? Well, no one else had had a chance to digest it and fully grasp the concepts presented therein, so back off. I get the feeling you are giving the country and congress a HC enema that we have no desire for at this time. Let me say this, you are acting like a 4 year old that is not getting his way and now you are beginning to throw a presidential fit to get your way.
All the facts? ""Some have been using misleading information to defeat what they know is the best chance of reform we have ever had," Obama said, adding it was critical for Americans have all the facts as they meet their lawmakers in home districts." Uh, excuse fucking me, but it is widely known that most have not read or studied the freaking bill?
Hello? BO, it is my opinion that you don't give a SHIT what anyone thinks. You are on some freaking power trip and OBTW we are not your servants. Leave it to one of the fine fellows from the great sate of Georgia to give it back. "Republican Rep. Tom Price of Georgia took aim at this White House move. "When no one is listening to them, sometimes people have to speak up," Price said in a statement released on Saturday." "Rather than listening to the concerns of those who will face the consequences of the legislation, the White House has laughed off the thought that Americans might have sincere concerns about a plan that relies so heavily on government involvement in health care." I could not have said it better. They are laughing off any concern you or I may have regarding this bill. Ain't that sone shit?
This is some real bullshit folks. Please, if you have the chance voice your opinion. I do not care if it is for or against the bill, just say something. I want HC reform. Yes, I am for it, but only in the right way, done in agreement with a bill that has a fucking chance of working that people have studied and understand. Not one shoved down our throat by some fascist pig.
Now, can I please enjoy the rest of my vacation without someone else pissing me off. I doubt it.
Have a great weekend.
From Reuters (via ZH) - Healthcare critics make outlandish claims: Obama "President Barack Obama accused his critics on Saturday of resorting to "outlandish rumors" and "misleading information" aimed at derailing his efforts to overhaul the $2.5 trillion U.S. healthcare system."
Misleading information? ROF LMAO - Let me ask this question? Hey BO (LOL, good name), have you read and understand all 1,000 plus pages of this bill? Well, no one else had had a chance to digest it and fully grasp the concepts presented therein, so back off. I get the feeling you are giving the country and congress a HC enema that we have no desire for at this time. Let me say this, you are acting like a 4 year old that is not getting his way and now you are beginning to throw a presidential fit to get your way.
All the facts? ""Some have been using misleading information to defeat what they know is the best chance of reform we have ever had," Obama said, adding it was critical for Americans have all the facts as they meet their lawmakers in home districts." Uh, excuse fucking me, but it is widely known that most have not read or studied the freaking bill?
Hello? BO, it is my opinion that you don't give a SHIT what anyone thinks. You are on some freaking power trip and OBTW we are not your servants. Leave it to one of the fine fellows from the great sate of Georgia to give it back. "Republican Rep. Tom Price of Georgia took aim at this White House move. "When no one is listening to them, sometimes people have to speak up," Price said in a statement released on Saturday." "Rather than listening to the concerns of those who will face the consequences of the legislation, the White House has laughed off the thought that Americans might have sincere concerns about a plan that relies so heavily on government involvement in health care." I could not have said it better. They are laughing off any concern you or I may have regarding this bill. Ain't that sone shit?
This is some real bullshit folks. Please, if you have the chance voice your opinion. I do not care if it is for or against the bill, just say something. I want HC reform. Yes, I am for it, but only in the right way, done in agreement with a bill that has a fucking chance of working that people have studied and understand. Not one shoved down our throat by some fascist pig.
Now, can I please enjoy the rest of my vacation without someone else pissing me off. I doubt it.
Have a great weekend.
Thursday, August 6, 2009
So, You Wanted A Rant?
Enough of the charts and graphs. Enough of the giddyness we have all been feeling searching for the top of this meaningless recovery. For you P3 fanatics, the bad news is coming at a fast and furious pace and the 38% retracement of the market fall has now legally opened the door for P2 to end.
The news has been so bad over the last week that I'm actually a little freaked out. The run was fun to rant about and made for many good jokes, yet it may not be so funny when the proverbial shit hits the fan. Hey, who gives a shit? Lets laugh in the face of danger. We ain't gonna have shit to laugh at when it is all over anyway.
Time to ax yourself the question - If two wrongs don't make a right, then how come two negatives make a positive? Or in the case of this market, how come many negatives equal a 40% rise in market value? Who the fuck knows? Those were dumb questions anyway.
Remember, all of the following happened within the past week.
When the blind leadeth the blind, get out of the way.
Or as I would say, If you have a blind person leading you, you are one dumb as POS. Let's talk about the Fed leading the Primary Dealers down the primrose path. Chris Martenson laid the wood to Benny when he did a little creative journalism in The Fed Buys Last Week's Treasury Notes. So what the fuck was Ben thinkin? Please tell me? I'm actually speechless. Of course you know this is the worst possible news, cause cash for clunkers will now have to be ditched and the bubble reflation is now in danger. Denninger did good on this one - BLATANT Monetization Uncovered
Ever stop to think, and forget to start again?
Thank you TD - Cornyn On The White House Stasi Solicitation, Or Would McCarthy Love flag@whitehouse.gov? (Hint: Yes). So what the fuck was Rhom thinking? Well, sum bitch has demonstrated that he does not really think much, as creating a Fascist state does not require much brain power and he's doing a damn good job so far. So go tell on me or your neighbor if we poo poo the HC bill. Did you ever think that Alex Jones would be made to look like a prophet? Well, Rhom, you're doing a kick ass job at that too.
In life, there is no backspace button.
Timmay! Timmay! Naked Cap comes thru in Geithner Bullies Financial Regulators to Accept Fed as Top Dog. " Timothy Geithner tongue-lashed Federal financial services regulators over their bucking the Obama Administration initiative for the Fed to become The One Regulator to Rule Them All." (Anyone connecting the dots of this post yet?) Uh, power trip! Shuh, like, dude, you can not just go and shit on everyone to get your way. Stupid me, that is the way Timmay was coached up by Hankey Poo when he bullied ALL OF FUCKING CONGRESS, so Timmay thought the banks would be an easy target. Hey, Timmay, you own 'em already dumb shit. Ya ain't got to do nothin but tell 'em what to do. Ron Paul, you better light a fire under 1207. Where is that backspace button anyway?
If it weren't for the last minute, nothing would ever get done.
Here is where I offer a sacrifice of myself to the God Rham and say bad things about health care. OK, simple. If Ben is busy monetizing the debt we have now, and you guys are looking to sell another $500 billion or so to fund the reflation project, what the fuck are you thinking trying to get this passed right now? So in the last minute you try to cram a 1,000 page bill - that you thought up in the last few months - that is gonna solve the problems of our HC issues for ever more - that you are having to threaten the public to keep their first amendment rights to themselves - so you can get your fucking glory shot at history - before your ratings are lower than the yield of those T-bills Ben is buying from you. O-tay! News flash - Toto, you ain't in Chicago anymore.
I am running out of space, so here is the blitz -
Mish - Wages and Salaries Fell 4.7%, Most On Record - Note to Obama - No jobs and wage deflation is a horrible time to think about anything but creating more jobs. No more to big to fail shit. Sometimes you gotta make sacrifices. Now is your moment. You wanted the job, congratulations, it is yours.
Calc Risk - Foreclosures: One Giant Wave, Still Building. Dude, gnarly waves and some cool bud. My dad's got a bitching set of tools. We can fix it. Note to Obama - FNM lost another 14b and their leader this month. Housing ain't fixed and the only fucking thing you give a shit about is your mark on history and your HC bill. Get a clue dude. You still have three years to get he HC bill passed (and fix MC and SS and hope that all the pensions don't blow up and that there is not a run on the severely underfunded FDIC and .....)
ZH - A Few Pictures Are Worth A Thousand Mortgage Mods See above.
Naked Cap - More on Dubious News Versus Cheery Data Out of China Wait a minute. I thought Cramer said all was well in China. Well, it will be just fine when they ask for all of their money back.
Bloomberg - Sotomayor Is Confirmed to Be First Hispanic Justice This is just fucking great. At least she did not have a tax problem. Her issues with white males won't be a problem either. Phew, I feel better now.
ZH - Judge Rakoff Pours Cold Water On BofA-SEC's Little Complicit Scheme. Note - pay close attention - this is REAL GOOD NEWS. Yes, here is proof that all is not lost (YET). Let's hope this judge is around when the indictments come down from all this mess in a few years.
ZH - TrimTabs Continues Throwing Sand In The Eyes Of Fake Economic Data. If anyone was ever questioning the integrity of the data coming from your fine leaders, now is your chance. Not sure how they are gonna cover this one up now that it is out in the open. Leave it up to CNBS, they can gloss over anything.
The Big Picture - Why CNBC’s Ratings Are Down No shit? You knew things were bad, but when the leader in financial news coverage in the most critical time in our history is losing viewership, you know things are bad. Maybe this is cause no one has a fucking home to live in to watch TV anymore. With the DB forecast of 48% being underwater, the remaining homes might have to give up their plasmas which will further damage viewership. Their reporting of the "facts" of the crisis surely could not be the problem.
Summary -
See, I told you it was a busy week. That is like 5 years worth of really bad shit in one week. You got it all, fraud, fascism, the raping of the constitution, economic collapse, lies, deceit and all from our government. You would think in a week like that CNBS's ratings would be thru the roof? Maybe they are missing the story all together? Nope, the market was up and all is well.
Seriously, I am freaked out. The Timmay deal, Rahm, Ben's monetization, Han Sotomayor, housing, OMG I left out HFT and GS's record trading profits and the liquidity masters of the universe - well, you get where I am coming from. We're fucked, and this nation I am afraid will not be restored to its former glory (as manufactured as it was) for a long long time. The people are getting rightfully upset and my internal fear gauge is spiking. I believe it won't be long till we're all in the streets looking for redemption. That might not come soon enough. One thing is for sure, the market will be just fine.
UPDATE - from CNBS - Obama: May Be Seeing Beginning of Recession's End. "Our financial system is no longer on the verge of collapse. The market is up. Housing prices are up for the first time in nearly three years. So we may just be seeing the very beginnings of the end of this recession," Shuh, Right.
GL trading
The news has been so bad over the last week that I'm actually a little freaked out. The run was fun to rant about and made for many good jokes, yet it may not be so funny when the proverbial shit hits the fan. Hey, who gives a shit? Lets laugh in the face of danger. We ain't gonna have shit to laugh at when it is all over anyway.
Time to ax yourself the question - If two wrongs don't make a right, then how come two negatives make a positive? Or in the case of this market, how come many negatives equal a 40% rise in market value? Who the fuck knows? Those were dumb questions anyway.
Remember, all of the following happened within the past week.
When the blind leadeth the blind, get out of the way.
Or as I would say, If you have a blind person leading you, you are one dumb as POS. Let's talk about the Fed leading the Primary Dealers down the primrose path. Chris Martenson laid the wood to Benny when he did a little creative journalism in The Fed Buys Last Week's Treasury Notes. So what the fuck was Ben thinkin? Please tell me? I'm actually speechless. Of course you know this is the worst possible news, cause cash for clunkers will now have to be ditched and the bubble reflation is now in danger. Denninger did good on this one - BLATANT Monetization Uncovered
Ever stop to think, and forget to start again?
Thank you TD - Cornyn On The White House Stasi Solicitation, Or Would McCarthy Love flag@whitehouse.gov? (Hint: Yes). So what the fuck was Rhom thinking? Well, sum bitch has demonstrated that he does not really think much, as creating a Fascist state does not require much brain power and he's doing a damn good job so far. So go tell on me or your neighbor if we poo poo the HC bill. Did you ever think that Alex Jones would be made to look like a prophet? Well, Rhom, you're doing a kick ass job at that too.
In life, there is no backspace button.
Timmay! Timmay! Naked Cap comes thru in Geithner Bullies Financial Regulators to Accept Fed as Top Dog. " Timothy Geithner tongue-lashed Federal financial services regulators over their bucking the Obama Administration initiative for the Fed to become The One Regulator to Rule Them All." (Anyone connecting the dots of this post yet?) Uh, power trip! Shuh, like, dude, you can not just go and shit on everyone to get your way. Stupid me, that is the way Timmay was coached up by Hankey Poo when he bullied ALL OF FUCKING CONGRESS, so Timmay thought the banks would be an easy target. Hey, Timmay, you own 'em already dumb shit. Ya ain't got to do nothin but tell 'em what to do. Ron Paul, you better light a fire under 1207. Where is that backspace button anyway?
If it weren't for the last minute, nothing would ever get done.
Here is where I offer a sacrifice of myself to the God Rham and say bad things about health care. OK, simple. If Ben is busy monetizing the debt we have now, and you guys are looking to sell another $500 billion or so to fund the reflation project, what the fuck are you thinking trying to get this passed right now? So in the last minute you try to cram a 1,000 page bill - that you thought up in the last few months - that is gonna solve the problems of our HC issues for ever more - that you are having to threaten the public to keep their first amendment rights to themselves - so you can get your fucking glory shot at history - before your ratings are lower than the yield of those T-bills Ben is buying from you. O-tay! News flash - Toto, you ain't in Chicago anymore.
I am running out of space, so here is the blitz -
Mish - Wages and Salaries Fell 4.7%, Most On Record - Note to Obama - No jobs and wage deflation is a horrible time to think about anything but creating more jobs. No more to big to fail shit. Sometimes you gotta make sacrifices. Now is your moment. You wanted the job, congratulations, it is yours.
Calc Risk - Foreclosures: One Giant Wave, Still Building. Dude, gnarly waves and some cool bud. My dad's got a bitching set of tools. We can fix it. Note to Obama - FNM lost another 14b and their leader this month. Housing ain't fixed and the only fucking thing you give a shit about is your mark on history and your HC bill. Get a clue dude. You still have three years to get he HC bill passed (and fix MC and SS and hope that all the pensions don't blow up and that there is not a run on the severely underfunded FDIC and .....)
ZH - A Few Pictures Are Worth A Thousand Mortgage Mods See above.
Naked Cap - More on Dubious News Versus Cheery Data Out of China Wait a minute. I thought Cramer said all was well in China. Well, it will be just fine when they ask for all of their money back.
Bloomberg - Sotomayor Is Confirmed to Be First Hispanic Justice This is just fucking great. At least she did not have a tax problem. Her issues with white males won't be a problem either. Phew, I feel better now.
ZH - Judge Rakoff Pours Cold Water On BofA-SEC's Little Complicit Scheme. Note - pay close attention - this is REAL GOOD NEWS. Yes, here is proof that all is not lost (YET). Let's hope this judge is around when the indictments come down from all this mess in a few years.
ZH - TrimTabs Continues Throwing Sand In The Eyes Of Fake Economic Data. If anyone was ever questioning the integrity of the data coming from your fine leaders, now is your chance. Not sure how they are gonna cover this one up now that it is out in the open. Leave it up to CNBS, they can gloss over anything.
The Big Picture - Why CNBC’s Ratings Are Down No shit? You knew things were bad, but when the leader in financial news coverage in the most critical time in our history is losing viewership, you know things are bad. Maybe this is cause no one has a fucking home to live in to watch TV anymore. With the DB forecast of 48% being underwater, the remaining homes might have to give up their plasmas which will further damage viewership. Their reporting of the "facts" of the crisis surely could not be the problem.
Summary -
See, I told you it was a busy week. That is like 5 years worth of really bad shit in one week. You got it all, fraud, fascism, the raping of the constitution, economic collapse, lies, deceit and all from our government. You would think in a week like that CNBS's ratings would be thru the roof? Maybe they are missing the story all together? Nope, the market was up and all is well.
Seriously, I am freaked out. The Timmay deal, Rahm, Ben's monetization, Han Sotomayor, housing, OMG I left out HFT and GS's record trading profits and the liquidity masters of the universe - well, you get where I am coming from. We're fucked, and this nation I am afraid will not be restored to its former glory (as manufactured as it was) for a long long time. The people are getting rightfully upset and my internal fear gauge is spiking. I believe it won't be long till we're all in the streets looking for redemption. That might not come soon enough. One thing is for sure, the market will be just fine.
UPDATE - from CNBS - Obama: May Be Seeing Beginning of Recession's End. "Our financial system is no longer on the verge of collapse. The market is up. Housing prices are up for the first time in nearly three years. So we may just be seeing the very beginnings of the end of this recession," Shuh, Right.
GL trading
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