ecliptix543

Why Do Equity Markets Disagree with the Data?

Does it even really matter anymore what the reasons are? The powers-that-be want to have something they can point to in order to proclaim their reckless policies are in fact working, the nay-sayers are all wrong, and that we must continue those policies at all costs. The MSM will parrot the fictional market rally as a genuine improvement (for GS, et al.) and any numbers controlled by the powers-that-be will be (and always are) spun to reflect whatever the reality is supposed to be in order to justify their opinion. I've been wondering why no one yet has called bullsh*t on this whole financial facade.. Just as the two parties in politics are a ruse to keep us arguing about insignificant fluff while we get screwed on the domestic issues, so to the debates of inflation vs deflation, bulls vs bears, gold vs oil, and all the rest of it just seems to be a distraction to keep otherwise intelligent citizens occupied fighting amongst ourselves while the collective treasure of our society is squandered and stolen in broad daylight.
It's a very simple strategy. As long as your opponents (regular citizens) are confused and distracted (via complicit MSM), you (banksters / political class) retain the tactical advantage regardless of the numerical realities of the situation (national insolvency and outnumbered 10000 to 1). Basically they win because they say that they won and not enough of us stand up and loudly tell them they're completely full of shit.

Let's Hear It for the U.S. Government's 0.006% Savings

Pelosi's just a cow.. Nothing sacred about her.

Bair Wants a Bank-Size Tax

Why did it take a week? That's an easy one... Quarterly results from the banks that would be subject to such regulation. Wouldn't want to piss in anybody's Cheerio's right before they release results, would we?

Housing Bubble, The Sequel

"Obama's plan will make us beholden to the Financial Warlords in everyway, we will be debt ridden, renters with no jobs and low incomes, with weekly hours down to 33 per week and average wages dropping. America is about to change into a serfdom."

This very well seems to be the general plan, does it not? Redefine the term 'citizen' to actually mean 'indentured servant', and this country starts to make a whole lot more sense. Contacting our representatives is useless and our States' governments are so financially castrated so as not to oppose the Feds for fear of losing out on the next bailout... It's either we stand up and fight this or we just roll over and let them destroy this nation. Pick one.

U.S. Economy: Apparently, Everything Is Just Fine

Not quite "the sausage king of Chicago" (very obscure movie reference, try to guess)

I believe that would be from Ferris Bueller's Day Off.. Excellent observations especially on the media's increasingly infantile coverage of otherwise quite important events.

Strange Inconsistencies in the $134.5 Billion Bearer Bond Mystery

For the sake of entertainment I have to reply.. I like this theory as I like most conspiracy theories. One way to figure out if this has any merit is to monitor Fiat's balance sheet for any sort of unusual credits that appear in the next couple of quarters that resemble the amount that Italy might collect on their fine. The endgame of this theory, in my opinion, is that the US government had to bribe Fiat to bail out Chrysler - just giving them the stake in the company for free wasn't good enough. It isn't the Italian gov't itself that wants the money, though I'm sure they get their cut too, it's the Italian auto company that just got bagged with the worst that Detroit has to sell. As I said, entertainment! Cheers


On Jun 20 04:23 AM wallflower wrote:

> Consider a weird possibility: Perhaps the bearer bonds are authentic.
> Perhaps the Treasury and the Fed know that they are essentially worthless,
> because the U.S. is bankrupt, but the bonds are still useful so long
> as the US dollar stands. Consider that perhaps the timing is right
> for this scheme because the dollar still has its value as the world's
> default currency (and is ascendant as other countries are in worse
> shape even than the U.S.), and this value will continue to hold at
> least until the BRIC meeting on June 17, when no one knows exactly
> what the fallout may be for the US dollar. Imagine that the U.S.
> realizes that among the EU nations, Italy and France are in the most
> precarious positions due to the degree to which their banking systems
> are overleveraged, and Germany, the UK, the European central banks
> and the IMF are too fragile themselves to assist France or Italy
> in averting the imminent collapse. Imagine that the US government
> realizes that American voters and taxpayers have no stomach for any
> overt assistance to a European country, even to forestall an imminent
> banking system collapse that could collapse the EU and the euro.
> Imagine that the whole purpose of this scheme was to allow Italy
> to legitimately claim 20% as the legal penalty for attempting to
> pass or smuggle these bonds, thereby enabling Italy to infuse liquidity
> into its banking system.
>
> Weird, but plausible? The Italian government gets the bonds authenticated,
> gets the 20% of value, the rest is just returned to the US Treasury.
> The Japanese guys? Not Japanese at all, but planting this story
> simply forces this ally to defend itself to world and prove its loyalty
> to the dollar, at a time when the US most needs the world to hear
> this. The story...planted by the US government/Italian government...hence
> the two guys disappear, the story is quashed or the scam blamed on
> the yakuza, or left to drift into all kinds of wild theories, which
> assures its death due to flakiness. All of it becomes plausibly deniable
> by the governments. And it is this..."plausible deniability" which
> bears the fingerprints of government collusion in my book. Hence,
> no coverage in US media, Treasury and Fed get to do what they want,
> and no Congressman is forced to fake anything (e.g. vote to help
> Italy or vote against) nd is thereby left to his/her usual devices
> to keep campaign contributions flowing. An operation that is so much
> cleaner when done out of the light of day...such is the state of
> American "democracy" unfortunately...

Why Stocks Will Collapse This Fall

I always enjoy these types of articles first thing while I'm waiting for the coffee to finish. I also suspect a crash this fall - at the latest - though it could be getting spooled up right now with the 2Q results starting to come out.

National Sales Tax on the Way?

So after dumping billions of dollars into the auto industry, now they think that tacking on a huge tax will stimulate sales? I'd rather pay 19% on parts for my old junker than 19% on the price of a new car... plus other taxes.. and fees.. and commissions.. and financing costs... and insurance.. and gas..

Bernanke Has Lost Control

A great read to wake up with on this fine Sunday morning.. Now off to the slavepits to pay for the aforementioned impending doom!!

Credit Card Losses Are the New Bad Mortgages

So is commercial RE... and treasuries...

Heavy Call Options Action for Sirius

relmar, By 'huge retrace' you mean back to the .20's or .30's? What info leads you to this conclusion? thanx

On Elephants and Tea Parties

The protests were not about Republicans vs Democrats or who controls the White House. To think that is to surrender to the media's tilted and corrupted coverage of citizens from many backgrounds standing up (for once).


On Apr 19 11:13 AM jdl51 wrote:

> The teabaggers' protests aren't rooted in deficit spending and taxes,
> otherwise we'd have heard from them when Bush and the republican
> congress ran up $7 trillion in deficits over the last eight years.
> And I doubt that even a majority of them are making over $250,000
> a year, the line for any tax increase starting in 2011. Basically
> they're upset that they lost the last election and can't stand the
> fact that they'll be out of power for at least the next four years.
> What's ironic is that if they had actually stuck to the principles
> that they profess to believe in now and protested years before against
> the real culprits, we wouldn't be in the mess we're in now, they'd
> still be in power and the country would be in a lot better financial
> shape. When republicans learn that their country is more important
> than their party, then maybe they will again be on the road to regaining
> the WH.

On Elephants and Tea Parties

They have been ordered not to understand even if they wanted to, as have been our allegedly elected officials.


On Apr 19 10:47 AM Neil459 wrote:

> They are not paid to understand. They do not have the skills to
> understand. They do not want to understand.

Scary Unemployment Numbers You Probably Missed

It is not over.

George Soros, GM and the next Lehman Brothers

This rally presented several excellent points to sell and wait with cash on hand for the next leg down. Buy low, sell high, how much harder does it have to be?