View Full Version : Jesus Christ, the stock market has tanked


sppunk
08-04-2011, 02:36 PM
What an unimaginable depressing day this has turned out to be. Bad, very bad.

sppunk
08-04-2011, 02:44 PM
I blame eyesbomb. Fucking Italians.

Mooney
08-04-2011, 02:48 PM
i blame republicans! :p

Tchocky
08-04-2011, 03:11 PM
I blame the Five Jew Bankers.

Tchocky
08-04-2011, 03:14 PM
http://money.cnn.com/2011/08/04/markets/markets_newyork/index.htm?hpt=hp_c1

Worst day for the stock market in three years. Ouchies.

Future Boy
08-04-2011, 03:24 PM
maybe its that shared sacrifice thing

scottytheoneand
08-04-2011, 03:28 PM
it's because "the market" doesn't see any sign of recovery for the global markets. China has publicly stated that their market is overheated. The EU continues to deal with Greece, Italy, etc. And in the US politicians are tripping over themselves to cut spending at a time when consumer demand (spending) is depressed.

What you get is a hopeless market.

Thank gawd I live on rainbows and starsigns!

scottytheoneand
08-04-2011, 03:31 PM
maybe its that shared sacrifice thing

"shared sacrifice" is code for "screw the workers, reward the rich".

poor people need to learn from the financial firms on how to bet against their own poverty, then they too will get a new Benz for the 4 stall garage, a vacation home on the beach and a trophy wife with fake tits.

scottytheoneand
08-04-2011, 03:33 PM
also, I almost forgot...

chemtrails

FlyinLo_DyinSlo
08-04-2011, 03:44 PM
was today a bad day to buy?

Future Boy
08-04-2011, 03:45 PM
you mean reptilians. those chemtrails dont spray themselves.

sppunk
08-04-2011, 03:50 PM
Oh well, time to go load up on more shares.

Tchocky
08-04-2011, 03:54 PM
Buy low, sell high.

Future Boy
08-04-2011, 03:56 PM
buy low, give them to me

sppunk
08-04-2011, 03:57 PM
Buy low, sell high.

That was the text under my name for, what, four years? Crazy how time flies.

scottytheoneand
08-04-2011, 03:59 PM
I wish I was rich and lived off financial investments from other people's money. that way I could pay half the tax rate middle class people do. and I could get interest free money from the fed to gamble with. and then I could blame other peoples' misery on social security and unions.

duovamp
08-04-2011, 04:15 PM
Yeah, gonna be a sweet correction tomorrow. Wish I bought hard at close. Oh well, time to buy TONS AND TONS OF GOLD SUCKERS!!!

Order 66
08-04-2011, 04:50 PM
it's already been a slow month business-wise. the rest of the year is going to be awful

better call my mom to see if she still has room in her basement

Order 66
08-04-2011, 04:52 PM
lol

News for dow


Dow falls 512 in steepest decline since '08 crisis
The Associated Press - 3904 related articles

Dow Plunges, Obama Parties
Fox News (blog) - 1513 related articles

Why You Shouldn't Buy Into This Plunge
Forbes (blog) - 125 related articles

redbull
08-04-2011, 06:13 PM
fox news is ruining the world

Trotskilicious
08-04-2011, 06:24 PM
honestly you could make the case that rupert murdoch is ruining the world

nothing will change without total economic collapse so strap your helmets on for President Rick Perry

The Omega Concern
08-04-2011, 06:44 PM
originally posted by Duovamp:

Yeah, gonna be a sweet correction tomorrow. Wish I bought hard at close. Oh well, time to buy TONS AND TONS OF GOLD SUCKERS!!!




Central Banks Continue Buying Gold To Diversify Portfolios


http://blogs.forbes.com/kitconews/2011/08/04/central-banks-continue-buying-gold-to-diversify-portfolios/




Aug. 4 2011

By KITCO NEWS


(Kitco News) – Gold purchases by South Korea and Thailand this summer continue a trend in which central banks are net purchasers of the metal as they look to diversify their foreign-exchange reserves.

“So far in 2011, central banks in the emerging markets have already bought more than double the gold they bought in all of 2010, and we’ve got almost five months to go for the rest of the year,” said Jeff Clark, senior precious-metals analyst with Casey Research.

This buying has occurred despite historically high prices. “So apparently, central banks don’t regard the gold price as too high,” Clark said.


YTD, net purchases by the world’s central banks of Gold is a 168% increase for all of 2010.

Its one of those trends that indicates further run in the current bull market for PM's. As for the Dow, there might be a dead-cat bounce tomorrow but even the shills at CNBC aren't calling this the bottom yet so you know its real bad.

Order 66
08-04-2011, 07:16 PM
strap your helmets on for President Rick Perry

make sure to follow me on the the tweeter. thank you santa jesus

Trotskilicious
08-04-2011, 07:56 PM
That was the text under my name for, what, four years? Crazy how time flies.

you are insufferable

The Omega Concern
08-04-2011, 08:13 PM
The Nikkei is down, Bank Run predictions for Italy unless a TARP style bailout comes by tomorrow (that was Kudlow saying that on CNBC and his Twitter) and futures for the Dow also negative. Jobs report tomorrow...fun, fun.

Keep anticipating a short-term fall in PM's...back to 1400 for Gold, below 30 for Silver, but, not yet.


http://boombustblog.com/media/wpmu/uploads/blogs.dir/1/files/2011/03/image0015.png

null123
08-04-2011, 08:17 PM
edit: fuck

Future Boy
08-04-2011, 08:34 PM
dont you mean del

The Omega Concern
08-04-2011, 09:18 PM
Hold on to your ass people. If the jobs report comes in much less than the low expectation, Duck! Even if its some uber rosy number and the market gains back all its losses of the last nine days, its just delaying the inevitable. The global economic infrastructure is fractured and there are signs that TPTB are gonna let it fall way down this time around.

Its crazy but there's a range of -2000 to plus 1000 for the Dow tomorrow. Not that it'll get to either extreme but the scenarios are there right now for either and the Jobs number will dictate it to a large degree.

Luke de Spa
08-04-2011, 09:22 PM
crystal whale song signs? from the second mirror universe?

Trotskilicious
08-04-2011, 09:27 PM
we must need more tax cuts!

Luke de Spa
08-04-2011, 09:41 PM
i must consult the ley lines for guidance from space jesus

AndySlash
08-04-2011, 10:16 PM
lenny bruce is not afraid

severin
08-05-2011, 06:34 AM
lol

News for dow


Dow falls 512 in steepest decline since '08 crisis
The Associated Press - 3904 related articles

Dow Plunges, Obama Parties
Fox News (blog) - 1513 related articles

Why You Shouldn't Buy Into This Plunge
Forbes (blog) - 125 related articles

http://punditkitchen.files.wordpress.com/2011/08/bf3a9e93-9160-4472-aa72-d6a66ff2b9b2.jpg

The Jesus
08-05-2011, 08:49 AM
I've made over £59,000 in the past 24 hours. I'm buying and selling shit L, R and C.

The Omega Concern
08-05-2011, 04:38 PM
good lord, Jesus, are you on the bipolar method of day-trading? Definately a time for floor guys to buy oversold stock on the cheap, but dayummmm...the intra-day swings are not for the faint of heart, especially when they flim and flam on the whims of a news cycle.

Jobs report basically met projections...Dow shoots up quickly, falls back 400-plus, in comes the plunge-protection boys to rig it back up some 300 from the low. It settles to plus-60 and good friggen luck come Monday. I'll stay long PM's, though it looks like some margin calls on silver have been called.

Damn thing is a tinderbox...biggest volumes in 2 years the last 2 days...everybody's got itchy fingers. crazy times.

duovamp
08-05-2011, 04:43 PM
It's called high-frequency trading.

http://en.wikipedia.org/wiki/High-frequency_trading

Computers that can make a million transactions before you can make three sell like crazy to each other on downward trends and rapidly depreciate the price of stocks, some would say too much, then they scoop up those stocks at a lower price, this time with more cash in hand than before. They're taught to be quick to sell and cautious to buy - so when things go up, they break out the algorithms to buy select items. When things go down, they just shed everything as fast as possible. This triggers other identical transactions. So basically we're left with a hypersensitive index when things show the first sign of negative outcome.

Trotskilicious
08-05-2011, 04:46 PM
THAT'S A CONSPIRACY BY COMPUTERS

The Omega Concern
08-05-2011, 04:48 PM
yesh...and sometimes I feel like jumping from the curb to the sidewalk but when I see the Jackass boys jumping from the curb to the sidewalk by doing a flip on a pogo stick I'll leave that to the professional dummies.



there's an algorithm Max Keiser invented and patented that the crooks in Wall St. use now to rig the numbers. May 6th 2010 was prime example...right when that exposure bill was running through congress, the boys got spooked with the Wall St. freaks busted it out and plunged 1000 points in 20 minutes...then brought it back when the bill fell through.

mip wow

duovamp
08-05-2011, 04:50 PM
No, nobody is rigging numbers. It's just computers being awesome at making money for people based on slight patterns in numbers.

Funny, we won't let computers in casinos, but we'll trade stocks against them.

Trotskilicious
08-05-2011, 04:53 PM
hahaha president lex.

should i get a commie superman avvie and do battle against you duo

duovamp
08-05-2011, 04:54 PM
You should.

Although Superman Red Son made me rage at the ending. :mad:

Trotskilicious
08-05-2011, 04:59 PM
i thought it was a fair treatment of communism though so i was ok with it

lenin cat is too awesome

duovamp
08-05-2011, 05:11 PM
It really was. I mean it was a very thoughtful comic imo.


And Lenin cat is srsly fucking awesome. I still get a kick out of that kommunist kitty. ^_^

Trotskilicious
08-05-2011, 05:13 PM
STIMULATE ECONOMY


WITH CAT NEP

Kahlo
08-06-2011, 01:46 AM
Downgraded from AAA rating.

Holy shit America

http://www.bbc.co.uk/news/world-us-canada-14428930

Trotskilicious
08-06-2011, 01:47 AM
hey man i fight the good fight about a third of us do but everyone says were downers and taxes are bad

The Omega Concern
08-06-2011, 06:12 PM
Sell Mortimer, SELL!!!!!!!!

The Omega Concern
08-06-2011, 06:18 PM
originally posted by Duovamp:

No, nobody is rigging numbers. It's just computers being awesome at making ponzi money for people based on slight patterns in numbers.


fixed.

The legacy of this nation the last 40 years is that we knew how to shop. nice. Its over, that time is done and now the question is will our liberty go to and acquiesce to the corporate-government borg.

dean_r_koontz
08-06-2011, 06:23 PM
how yall doing? things are good and stable here in communist sweden.

hnibos
08-06-2011, 06:26 PM
So how does this credit rating affect us?

hnibos
08-06-2011, 06:26 PM
Let me guess, it doesn't really affect us at all.

dean_r_koontz
08-06-2011, 06:28 PM
lolz its just a symptom of an underlying problem. the underlying problem being the midwest or wherever there are a bunch of hillbillys still voting elephant.

The Omega Concern
08-06-2011, 06:38 PM
Pay no attention to any American (dean r. koontz in this case) who is obviously brainwashed by MSM news channel talking points.


The collapse of the American Empire is far more complicated than the rise of any political movement to arise because of the collapse.

Nimrod's Son
08-06-2011, 06:39 PM
Pay no attention to any American (dean r. koontz in this case) who is obviously brainwashed by MSM news channel talking points.


The collapse of the American Empire is far more complicated than the rise of any political movement to arise because of the collapse.

dean isn't an American

redbull
08-06-2011, 06:56 PM
the underlying problem being the midwest or wherever there are a bunch of hillbillys still voting elephant.

this one is firmly on the south and mountain-west. illinois, wisco, and minnesota are like the last three states here where people actually give a shit.

except for indiana, fuck those guys.

dean_r_koontz
08-06-2011, 07:12 PM
actually i haven't looked into what the deep underlying problem is in the US economy right now.

dean_r_koontz
08-06-2011, 07:13 PM
all i can say is that communist sweden seem to do a lot betetr than the us, but we have two of the best politicians of any time in charge here right now so its not a big surprise.

The Omega Concern
08-06-2011, 07:53 PM
Abba

The underlying problem is that Bush Sr. is in cahoots with the Reptilians...apparently. Not that I believe it necessarily...but, I do think He got the earthquake machine and the other big toys that has provided him to use the U.S. as his personal bodyguard and since there really is no honor among thieves, its time to discard the bodyguard and move to all that land his family bought in Paraguay.

The underlying problem is we've been running a Ponzi scheme for 40 years now and the jig is up...no mo money left and if they keep printing it won't be worth anything anymore. HERE WE ARE!!!

JokeyLoki
08-06-2011, 07:55 PM
You cannot be a real person.

dean_r_koontz
08-06-2011, 07:57 PM
http://useconomy.about.com/od/fiscalpolicy/p/US_Debt.htm

"Government debt is an accumulation of budget deficits. Year after year, the government cut taxes and increased spending. In the short run, the economy and voters benefited from deficit spending. Usually, however, holders of the debt want larger interest payments to compensate for what they perceive as an increasing risk that they won't be repaid. This added interest payment expense usually forces a government to keep debt within reasonable limits. "

So the thinking was probably that cut taxes would be benificiary in the long run since bussiness will be more competative and shit and you'll get more tax dollars in the end. its called marginal something. but it turns out that that effect must be taken into account with a bunch of OTHER effect. you need to hit a sweet spot with the taxes so u get the maximum tax in the long run. that's the thing.

dean_r_koontz
08-06-2011, 07:58 PM
i mean it doesn't TURN out that it works that way, anyone with half a brain knows that.

dean_r_koontz
08-06-2011, 07:59 PM
so the ppl of the us think that cutting taxes will get them out of the deficit problem and since the short term effects might look good for a lot of ppl they continue on that road and borrow more money because sooner or later they think these effects of low taxes will start to be important but they don't and then china wants its money back and then everything goes to shit.

Future Boy
08-06-2011, 09:55 PM
Hey Omega whats the word on why those Seal Team 6 guys got killed off.

duovamp
08-08-2011, 01:32 PM
Saw the DJI drop by over 5%. I know the S and P is what investors rely on, but daaaayum...

duovamp
08-08-2011, 01:36 PM
And now the correction starts as the buyers hop on board. What a shitty measurement for an economy. I predict morons in the news freaking out over this. Went down like a fuck, now it's not even down 4%. I WANT TO SEE A MELTDOWN! HAHAHAHAHA!!!

yo soy el mejor
08-08-2011, 01:43 PM
calm down, duovamp.

Order 66
08-08-2011, 02:27 PM
ugh we are so fucked

dean_r_koontz
08-08-2011, 02:29 PM
calm down order 66

Order 66
08-08-2011, 02:38 PM
*breathes into brown paper bag

Mooney
08-08-2011, 03:44 PM
i don't loose any sleep over market dips. most of my money is invested in canadian banks, and as far as i know, i get paid dividends based on the amount of shares i have irrespective of their current value which automatically goes into buying more shares. so by the time the market recovers i will still be in better standing.

duovamp
08-08-2011, 03:58 PM
Please, please stop fucking bringing that up in every single thread.

Mooney
08-08-2011, 04:05 PM
relax, guy! this is the second time i've ever mentioned it and this is a thread about the stock market.

duovamp
08-08-2011, 04:08 PM
No, it is not the second time you've ever mentioned it. Don't make me post links to every post you've made about your magical portfolio your babysitters made for you.

Mooney
08-08-2011, 04:15 PM
i honestly can't think of a third reference. and my searching skills aren't even finding this thread, so if you'd like to help jog my memory feel free.

Mooney
08-08-2011, 04:16 PM
one link per thread would suffice.

Trotskilicious
08-08-2011, 06:18 PM
i don't loose any sleep.

fuck you

The Omega Concern
08-08-2011, 06:26 PM
8/8/11:


10809.85 -634.76‎ (-5.55%‎)


Nice touch for the Illuminist to have the SnP 500 market -6.66%.



Here it comes people...this depression has been engineered and when it becomes more evident this fall, that new "Super Congress" will put the squeeze on for higher taxes or else nobody gets their S.S. checks and Medicare. Once that part of the plan gets through the downslide continues until a new currency is needed and then the NWO is no longer virtually in place as it is now. It'll be out front and people will be begging for it while those who put us to the brink will offer the solution.

Trotskilicious
08-08-2011, 06:31 PM
you've been wrong about every single thing you've said thus far

The Omega Concern
08-08-2011, 06:45 PM
originally posted by Future Boy:



--------------------------------------------------------------------------------
Hey Omega whats the word on why those Seal Team 6 guys got killed off.




Since the story of OBL is a lie, anything connected to it is also. In terms of the staged hoax killing of a few months ago, the inside baseball is that many Seal Team 6 guys died that evening when the Helicopter crashed. So, as most governments do, especially when it comes to things military, they lied about the mission being clean and how nobody got hurt. They needed to kill off a bunch of them to present them as dead now and also kill off anyone connected to that hoax that may talk someday. Standard MIC m.o.

They are a bunch of sick crazy oligarchs that are virtually out in the open now with this stuff (to those paying attention) and are basically just daring people to take them to court and prove it. If you live, that is. Remember Pat Tillman, they got him because he was gonna speak out about the fraud the Afghanistan war was. This recent copter crash is the MIC covering their ass.

redbreegull
08-08-2011, 06:47 PM
hey omega concern, what is the ultimate goal of this new world order

hnibos
08-08-2011, 06:49 PM
Rape our children, duh.

The Omega Concern
08-08-2011, 06:51 PM
Trotskilicious:

you've been wrong about every single thing you've said thus far


You're the laziest thinker on this board, proving it over and over by never citing a source or displaying an ability to synthesize information.

I've been on this board for over a decade detailing the goings on of the New World Order and how the powers that be have planned to wipe out the middle class to usher in a single currency to establish a world government, which is nothing more than some central banks sitting on top of all economies sucking off the top and rendering the world's populace into serfdom.

We're at the beginning of the middle to that end.

dean_r_koontz
08-08-2011, 06:52 PM
you are certainly good at synthesizing information omega concern. couldn't you make a thread on this board with 5 major predictions for the say, next 20 years?

The Omega Concern
08-08-2011, 07:06 PM
originally posted by hnibos:

Rape our children, duh.


Well...there is that. But that's because at their core they're Gargoyles, Psychic Vampires, Bloodsuckers...take your pick, invent one if you must. Entities that feed off others energies and whipping those energies into fear, doubt, hesitation and submission. They don't take days off. They won't stop until their plan is complete. They have waited generations to get to this point and it seems they are in hyper-drive to get it done before the masses, specifically the American masses who have the liberty to fight back, wake up.

The Omega Concern
08-08-2011, 07:12 PM
originally posted by dean r. koontz:

you are certainly good at synthesizing information omega concern. couldn't you make a thread on this board with 5 major predictions for the say, next 20 years?


Trends analysis doesn't have to confine itself to predictions when its just analysis of declassified information and investigative reporting. You can see where things are headed and likely scenarios develop. But If you want a prediction...


http://shirtoid.com/wp-content/uploads/2011/02/i-predict-pain-1.jpg

Trotskilicious
08-08-2011, 07:13 PM
You're the laziest thinker on this board, proving it over and over by never citing a source or displaying an ability to synthesize information.

I've been on this board for over a decade detailing the goings on of the New World Order and how the powers that be have planned to wipe out the middle class to usher in a single currency to establish a world government, which is nothing more than some central banks sitting on top of all economies sucking off the top and rendering the world's populace into serfdom.

that doesn't make any sense at all dude

Trotskilicious
08-08-2011, 07:14 PM
Well...there is that. But that's because at their core they're Gargoyles, Psychic Vampires, Bloodsuckers...take your pick, invent one if you must. .

christ you are just the works aren't you.

The Omega Concern
08-08-2011, 07:23 PM
What other answer is there when a banking system is allowed to add Trillions upon Trillions of toxic debt onto the world marketplace and our representatives let it happen?

Measures could have been taken just in the last 3 years to mitigate this fall currently under way...but our leaders have led us into a black hole of debt and they are so sick in the head instead of leading us out they want to make it bigger. They're gone...completely detached from the populace. Builing all these underground bunkers for their families and what-not...most folks have no idea, but thats what the elite are doing with the money they are stealing.

Trotskilicious
08-08-2011, 07:25 PM
What other answer is there when a banking system is allowed to add Trillions upon Trillions of toxic debt onto the world marketplace and our representatives let it happen?

basic human folly, short sightedness, greed and the inevitable collapse of capitalism

Trotskilicious
08-08-2011, 07:25 PM
the fact that you keep going on about the "debt crisis" is even a very basic level of your total misunderstanding of the entire issue. I mean you can't even get real stuff right.

The Omega Concern
08-08-2011, 07:29 PM
If your not aware the elite use currency as their ultimate control mechanism then your just an ignorant commie who thinks capatilism should even be on a the list of whats wrong.

Trotskilicious
08-08-2011, 07:47 PM
Well your theory doesn't even logically make sense. Currency is evil but Capitalism is super! I mean, wait I WAS SO WRONG YOU'RE SUCH A GENIUS.

redbreegull
08-08-2011, 08:19 PM
I've been on this board for over a decade detailing the goings on of the New World Order and how the powers that be have planned to wipe out the middle class to usher in a single currency to establish a world government, which is nothing more than some central banks sitting on top of all economies sucking off the top and rendering the world's populace into serfdom.


So the new world order is exactly the same as capitalism, except its different

Dead Frequency
08-08-2011, 08:33 PM
Money is power, power is money. Drop it, son.

Trotskilicious
08-08-2011, 08:33 PM
<i>there's only one government!!!!</i>

Mooney
08-08-2011, 08:46 PM
Money is power, power is money. Drop it, son.

power and the money, money and the power
minute after minute, hour after hour
everybody's runin' but half of them ain't lookin'
what's goin' on in the kitchen, but i don't know what's cookin'

Dead Frequency
08-08-2011, 08:55 PM
Lol @ coolio reference. Check out drop it by papoose

Mooney
08-08-2011, 09:25 PM
only omega concern knows what's truly cookin'.

duovamp
08-08-2011, 09:44 PM
8/8/11:


10809.85 -634.76‎ (-5.55%‎)


Nice touch for the Illuminist to have the SnP 500 market -6.66%.



Here it comes people...this depression has been engineered and when it becomes more evident this fall, that new "Super Congress" will put the squeeze on for higher taxes or else nobody gets their S.S. checks and Medicare. Once that part of the plan gets through the downslide continues until a new currency is needed and then the NWO is no longer virtually in place as it is now. It'll be out front and people will be begging for it while those who put us to the brink will offer the solution.

I sincerely hope taxes go up. America can drop its taxes to absolutely nothing if they want, but it won't be enough to sustain even a minimal amount of government enough to provide basic basic basic things like a standing army.

Trotskilicious
08-08-2011, 09:51 PM
i'm glad it take economic ruin to get people to talk about raising taxes. i mean. why would we want to wait until catastrophe happens?

duovamp
08-08-2011, 09:53 PM
TAXES BAD
TAXES CAUSE ALL BAD THINGS THAT HAVE EVER HAPPENED IN THE ECONOMY

dean_r_koontz
08-08-2011, 10:03 PM
sure make the taxes higher and make it impossible for joe the plumber to open up a plumbing bussiness and achieve the american dream. liberals doesn't care about joe the plumber and they never have.

also, what happens if the taxes are raised? all the jobs go to china, or india. the us will be a ghost country.

dean_r_koontz
08-08-2011, 10:06 PM
there is only one hope, its name is Rick Perry:

<iframe width="560" height="349" src="http://www.youtube.com/embed/LYMDzZZqZNk" frameborder="0" allowfullscreen></iframe>

Order 66
08-08-2011, 10:10 PM
his Pray Away the Gay rally last weekend didn't seem to save anything. i wonder what the fox headlines will be. PERRY THUMPS BIBLE, DOW PLUMMETS AND NAVY SEALS DIE

Mooney
08-08-2011, 10:12 PM
LEARN TO SWIM

Trotskilicious
08-08-2011, 10:15 PM
sure make the taxes higher and make it impossible for joe the plumber to open up a plumbing bussiness and achieve the american dream. liberals doesn't care about joe the plumber and they never have.

pumbers used to unionize, then they destroyed unions and told everyone it was a good thing because Reagan is president now and he's gonna make everything alllll better.

Order 66
08-08-2011, 10:17 PM
he kinda did. that iran contra thing was pretty cool

Trotskilicious
08-08-2011, 10:18 PM
Yeah we need to have a stronger military. We shouldn't let these bitches push us around. John Bolton for Secretary of State!

Order 66
08-08-2011, 10:19 PM
what has that rage walrus been up to these days

Trotskilicious
08-08-2011, 11:54 PM
haha rage walrus

Ihaman
08-10-2011, 10:02 PM
sold all of my equities last wednesday and shifted to gold.

got richer.

deal with it.

The Omega Concern
08-10-2011, 10:14 PM
The dow down another 500+ today...the buzz I hear is that for Bernanke to keep the interest rates near zero is just going to make matters worse. I don't have the time to get into possibly why, but if you wish to know what is REALLY going on, listen to this.


<iframe width="425" height="349" src="http://www.youtube.com/embed/wZVBPB-nCl8" frameborder="0" allowfullscreen></iframe>


This Charlie McGrath show was done Monday after the bounce back. Any bounce up in stocks these days will be met with large selloffs. This prediction took all of one day to come true.

The Omega Concern
08-10-2011, 10:38 PM
For anyone wishing for higher taxes and blaming capitalism for the current worldwide economic crises just completely misses the point of everything. Tax reform is needed, yes, that we can all agree. But the U.S. as a country looks like this with adjusted numbers accurate to the national debt:


Family yearly Income: $50,000

Family Expenditure's per year: $78,000

Credit Card debt: $365,000



If the family were to make the same decisions Congress just did with our budget, they would spend $72,000 a year and call it a cut in spending. Even the scummy ratings agencies now have an excuse to downgrade.

The Bankster class has just run roughshod over everything...fractional reserve banking is an atrocity with banks able to leverage 750 to 1 on assets. It creates speculative markets and continues the boom and bust cycle. There's nothing capatilistic about that, its just plain theivery.

That's why after the first Depression, there were laws made to make people put up at least 20% cash when buying a home to stop speculative markets in real estate. And this worked fine for decades until it started to crumble in the 70's and by the 90's Glass-Steagal gets overturned (thanks Clinton, you pussy) and then in the 2000's you didn't have to put up any money to buy a home. Of course this would lead to a bubble of epic proportions with the U.S. consumer as the guinea pig to drive this plan of destruction from the elites who knew full well the bubble would occur.

But go ahead, keep thinking higher taxes is going to solve our problems. Idiots.

The Omega Concern
08-10-2011, 10:50 PM
<iframe width="560" height="349" src="http://www.youtube.com/embed/rHhMEfGZuXY" frameborder="0" allowfullscreen></iframe>



Max Keiser offering real fight back solutions and explaining bow the banking elite operate. I know most of you dont have the time to listen to the 50 minute video I posted...do yourself a favor and listen to Keiser for these 11 minutes.

JokeyLoki
08-11-2011, 12:36 PM
Who the fuck has that much credit card debt? Really.

redbreegull
08-11-2011, 01:39 PM
I really wish everyone would give up on this "kitchen table economics" analogy. The way a nation makes and spends money is not comparable to the way a family makes and spends money, no matter how bad you all wish it was that simple.

scottytheoneand
08-11-2011, 01:44 PM
the rich DO believe that government should be run as though it were your personal checking account. it's just that the rich expect you to write checks to them and deal with the ramifications when the account goes dry.

The USA has the lowest personal tax burden since WWII. Most wealthy people pay at rates that are only a fraction of the rates that working people pay.

we are all being raped by the rich.

redbreegull
08-11-2011, 01:47 PM
the GOP uses it over and over, trying to appeal to the poor and struggling as if it is the only way they can understand money... disgustingly condescending

Future Boy
08-11-2011, 03:13 PM
hasnt obama done the same. honest question.

Future Boy
08-11-2011, 03:14 PM
I mean he adds in a little investing for the future into it, but he stills works off the same premise.

Trotskilicious
08-11-2011, 06:30 PM
For anyone wishing for higher taxes and blaming capitalism for the current worldwide economic crises just completely misses the point of everything. Tax reform is needed, yes, that we can all agree. But the U.S. as a country looks like this with adjusted numbers accurate to the national debt:


Family yearly Income: $50,000

Family Expenditure's per year: $78,000

Credit Card debt: $365,000



If the family were to make the same decisions Congress just did with our budget, they would spend $72,000 a year and call it a cut in spending. Even the scummy ratings agencies now have an excuse to downgrade.

The Bankster class has just run roughshod over everything...fractional reserve banking is an atrocity with banks able to leverage 750 to 1 on assets. It creates speculative markets and continues the boom and bust cycle. There's nothing capatilistic about that, its just plain theivery.

That's why after the first Depression, there were laws made to make people put up at least 20% cash when buying a home to stop speculative markets in real estate. And this worked fine for decades until it started to crumble in the 70's and by the 90's Glass-Steagal gets overturned (thanks Clinton, you pussy) and then in the 2000's you didn't have to put up any money to buy a home. Of course this would lead to a bubble of epic proportions with the U.S. consumer as the guinea pig to drive this plan of destruction from the elites who knew full well the bubble would occur.

But go ahead, keep thinking higher taxes is going to solve our problems. Idiots.

the amount of contradictory information contained in this one post is overwhelming

don't blame capitalism, blame the banks...Um...

And then the shit about the family's yearly income versus their expendature, <i>you realize that's because income has remained flat while costs have gone up, right? STOP BEING SO FUCKING STUPID.</I> The fact is that you can use the tax code to force the median income upwards so that they can afford gas, food, and rent. Thinking that people are overspending on cars, boats, and etc is not even anywhere near reality. People are going into debt because they are trying to survive and keep up with the increased cost of living, the uncertainty about their retirement, and even saving for their children's college which is increasingly less important and increasingly more expensive.

You learned one correct fact about the housing bubble, congrats. I like how you constantly mention it over and over again, like you found the wikipedia page and now you have a real fact amongst all the contradictory bullshit you learned from Max Keisler and Alex Jones. Yes, the housing market killed the economy and it's dragging it down as we speak. I think one of those problems is that people in their late 20s and 30s are not getting the wages that they used to, and are finding it increasingly difficult to pay back their student loans and guess who usually buys houses and new cars...oh yes but it's toxic debt and shit or whatever not the fact that people <i>can't afford to buy houses because median income has remained stagnant since 1980.</I>

Higher taxes would balance the budget and allow us to push programs to create jobs, or at least give out bonds and grants to people willing to hire and invest in the infrastructure. It's like you're retarded or something.

Besides you continually blame banks for the fate of the world but you're still sold on capitalism and you still don't want to raise taxes on people making over 250K which ******* pretty much every single member of the "bankster class." Seriously guy, you <i>don't make any fucking sense at all.</I>

The Omega Concern
08-14-2011, 02:28 PM
YOU SERIOUSLY CANT THINK YOUR WAY OUT OF A PAPER BAG WITH YOUR SHIT IN IT!

What the fuck makes you think Banks can't be monopolistic in nature and thus the antithesis of capitalism? You equate the two as if they're inexorably intertwined of which they are not and thus YOU HAVE NO ARGUMENT! But you BASE IT ON THAT!!!

and then call me stupid. STFU!!!

The Omega Concern
08-14-2011, 02:29 PM
Best rant in TV poli-host history. Bar none. There isn't even a close second.


<iframe width="560" height="349" src="http://www.youtube.com/embed/gIcqb9hHQ3E" frameborder="0" allowfullscreen></iframe>

The Omega Concern
08-14-2011, 02:41 PM
originally posted by Trotskilicious:

Besides you continually blame banks for the fate of the world but you're still sold on capitalism and you still don't want to raise taxes on people making over 250K which ******* pretty much every single member of the "bankster class." Seriously guy, you don't make any fucking sense at all.


BANKSTERS DONT PAY TAXES!!! They will pay themselves a dollar a year in some cases and suck off the top and largess of the company, OR JUST TAKE STIMULUS MONEY and hide it in the cayman's never to be seen again.

BUT YOU, the marxist twit that you are, actually believe nailing the guy making a quarter mill or above is gonna show them bankers a thing or two. No....PUTTING THEM IN JAIL would be much better.


Listen to Ratigan and get back to me. He knows the score. He knows how to explain it properly.


He's challenging Obama to do the right thing, probably knowing Obama's is just as bought as the congress but he's saying it anyway because somebody has to. He understand the bankster class and doesn't do what idiot commie liberals like you do and equate the illegality of what they do with the purity of the capitalistic concept you friggin Marxist knuckledragger.

reprise85
08-14-2011, 02:44 PM
I didn't have a computer for a few days and ended up seeing that rant when it aired. I don't know enough about politics and almost never watch those shows but I agree that it's pretty good.

The Omega Concern
08-23-2015, 11:59 PM
down 500 friday...futures are down nearly that right now (sunday evening, west coast).


Shanghai composite -8% at the open of the day. Hong Kong down 10%!


sell Mortimer, SELL!!! SELL!!!

sppunk
08-24-2015, 09:14 AM
China closed -7, losing all 2015 gains.

Future trading was actually held, with bond liquidity opening to buy back funds.

Bloodbath. This world rescission will be painful for many places. The USD will insulate most of America better than others. Canada, Brazil, Australia and all emerging Asian markets are really in trouble. Fucking China.

I'm buying lots today.

duovamp
08-24-2015, 09:16 AM
Everybody already jumped on the sell off. They were ready for it.

Sonic Johnny
08-24-2015, 09:17 AM
Good.

duovamp
08-24-2015, 09:20 AM
Yeah, the losses really were minimized almost immediately. NASDAQ down 3.07, Dow Jones down less than 2.5, and S&P at about 2.75. That's pretty horrible, but it's NOTHING compared to Asia's markets falling straight through the floor.

Sonic Johnny
08-24-2015, 09:21 AM
If I ever give a shit about this stuff I want someone to come to my house and put me out of my misery

duovamp
08-24-2015, 09:23 AM
I'll do it.

Sonic Johnny
08-24-2015, 09:29 AM
Nah sorry duo, you lot will be the first against the wall when the plebs riot.

sppunk
08-24-2015, 09:49 AM
Yeah, the losses really were minimized almost immediately. NASDAQ down 3.07, Dow Jones down less than 2.5, and S&P at about 2.75. That's pretty horrible, but it's NOTHING compared to Asia's markets falling straight through the floor.

Story is the energy crisis China's failed attempt to stave off a recession.

The Omega Concern
08-24-2015, 10:03 AM
Yeah, the losses really were minimized almost immediately. NASDAQ down 3.07, Dow Jones down less than 2.5, and S&P at about 2.75. That's pretty horrible, but it's NOTHING compared to Asia's markets falling straight through the floor.



Plunge protection in motion...dow opened down 907 and was dropping and then...CNBC went black...several online trading outlets went down (just a coincidence, surely...lol)

Nasdaq circuit breaker done gone loony tunes...money changers in obvious panic. trying by buy time and push back the inevitable. all those September doomtards look to be on to something...


<iframe width="450" height="350" src="https://www.youtube.com/embed/4GX4W5PBESg" frameborder="0" allowfullscreen></iframe>

duovamp
08-24-2015, 11:42 AM
All down less than 1% now. USA! USA! USA!

The Omega Concern
08-24-2015, 11:50 AM
sure...when you stop the plebes from being able to sell, it'll stop the bleeding...for now. All the big money is positioned to exit and they bought some time today cuz they had ample time from the weekend to get situated for it.


But hey, the Dow opened -1000 and then gained 800 through half the day. perfectly normal, no manipulation to see here...move along.

scottytheoneand
08-24-2015, 02:59 PM
Pray to baby Jesus that the economy doesn't implode with this current congress in session. Cause that would mean 1929 all over again.

sppunk
08-24-2015, 03:11 PM
Finished -568. Off 10% of high, correction is fully on.

Will continue to correct until energy gets out of its own way. Meanwhile I'm tonight putting new money into Wellington and maybe strategic equity.

Mooney
08-24-2015, 03:47 PM
lol at omega conflating micro and macro economics. if i have to hear one more person try to compare government and household spending...

The Omega Concern
08-24-2015, 03:49 PM
Pray to baby Jesus that the economy doesn't implode with this current congress in session. Cause that would mean 1929 all over again.


Congress??? they can't do shit with this beast...when they tried in '08 and actually listened to 90%+ of amuricans who told them NOT to bail out the banksters, well, that's when the shiesters said 'boo' to them and they freaked out and voted for that initial bailout which subsequently became QE to infinity.


those chickens had to eventually come home to roost and it looks like we're in that window now...

thing is...Fed was going to raise interest rates next month, now that's likely pushed back to March, which will raise stocks and merely continue the disconnect. its backwards to 'proper' fundamentals but that left the barn ions ago.

Trotskilicious
08-24-2015, 04:02 PM
im glad sppunk bumped his own chicken little thread

killtrocity
08-24-2015, 04:13 PM
What the fuck makes you think Banks can't be monopolistic in nature and thus the antithesis of capitalism? You equate the two as if they're inexorably intertwined of which they are not and thus YOU HAVE NO ARGUMENT!

http://www.economictheories.org/2008/07/karl-marx-concentration-and.html

yo soy el mejor
08-24-2015, 04:14 PM
yeah sppunk, you should have made a new thread. do you see any kind of "rolling" threads around here? you think you can just bump a thread? that's rich!

The Omega Concern
08-24-2015, 04:16 PM
lol at omega conflating micro and macro economics. if i have to hear one more person try to compare government and household spending...


funny to see someone assume macro doesn't affect the micro and therefore can't understand a valid analogy to how out of phase government is from the accounting measures it should have; not household ones per se' of course, but something other than larceny would be nice.

The early profiteers (the banks) of the QE float asset prices everywhere which creates the bubble markets (tech, real estate, commodities) and make out huge on their insider trading to bail out before anyone else does.


Exhibit A, B,C,D:


This article was published 2 weeks ago.


Billionaires Dumping Stocks; Stock Market Crash on the Way (http://www.profitconfidential.com/economic-analysis/upcoming-stock-market-crash/)



But should we follow the smart money when they’re shedding American stocks? Some of the most visible and vocal billionaire investors are turning their backs on U.S. stocks. Are they preparing for a stock market crash in 2015? And should we follow suit?

Trotskilicious
08-24-2015, 04:19 PM
yeah sppunk, you should have made a new thread. do you see any kind of "rolling" threads around here? you think you can just bump a thread? that's rich!

shocking, the HS dropout doest get it but she still gotta say some shit

sppunk
08-24-2015, 04:49 PM
im glad sppunk bumped his own chicken little thread

I didn't.

BTW, TOC this isn't a crash at all.

The Omega Concern
08-24-2015, 05:07 PM
you keep telling yourself that...just remember; he who panics first, panics best.

Sonic Johnny
08-24-2015, 05:18 PM
shocking, the HS dropout doest get it but she still gotta say some shit

Oh right yeah because anybody who didn't finish school is clearly stupid.

yo soy el mejor
08-24-2015, 05:28 PM
i'm so sad a greaseball who didn't graduate kindergarten just likes to make up things about me. ;_;

yo soy el mejor
08-24-2015, 05:28 PM
but srsly sppunk... DUH!

The Omega Concern
08-24-2015, 08:59 PM
Wrecking ball continues. China down 6.5% to open...Nikkei down 500 points at the bell.


a cogent analysis:

Paul Craig Roberts: Central Banks Have Become A Corrupting Force (http://www.zerohedge.com/news/2015-08-24/paul-craig-roberts-central-banks-have-become-corrupting-force)


As asset bubbles are in the way of the Fedís policy, a decline in stock prices removes the equity market bubble and enables the Fed to print more money and start the process up again. On the other hand, the stock market decline could indicate that the players in the market have comprehended that the stock market is an artificially inflated bubble that has no real basis.Once the psychology is destroyed, flight sets in.

The Omega Concern
08-24-2015, 09:12 PM
Asian markets in the green now. Unprecedented volatility for those markets. Euro and American money buying the dip. DOOM OFF...for now.

freaky...and a bit spooky.

scottytheoneand
08-24-2015, 10:16 PM
<iframe width="560" height="315" src="https://www.youtube.com/embed/xAyCsHuKJhA" frameborder="0" allowfullscreen></iframe>

Trotskilicious
08-24-2015, 10:26 PM
Asian markets in the green now. Unprecedented volatility for those markets. Euro and American money buying the dip. DOOM OFF...for now.

freaky...and a bit spooky.

lol

Starla
08-25-2015, 01:29 AM
How is pat robertson still alive?

Starla
08-25-2015, 01:33 AM
Shit's about to fucking hit the fan at unprecedented levels. This is red alert, change your shorts time. The caves in Missouri are getting filled up with the rich elite's families, and they are now adjusting to their wonderful new condos with swimming pools and organic meals underground. Doesn't matter though, God's judgement will still find them.

Trotskilicious
08-25-2015, 01:33 AM
there is a satan

Starla
08-25-2015, 01:35 AM
There is, and I sense his presence tonight.

The Omega Concern
08-25-2015, 07:01 PM
those HFT's are evil as fuck, buying and selling on the microseconds. Dow was up 400 just before the close today and BAMMM...lost 600 in the blink of an eye and ended down 200 or so.

slunken
08-25-2015, 08:51 PM
those HFT's are evil as fuck, buying and selling on the microseconds. Dow was up 400 just before the close today and BAMMM...lost 600 in the blink of an eye and ended down 200 or so.

same thing happens to me on eBay :(