I had my fill of smart guys in Washington, D.C. The place is crawling with them since they come from all over the country, attracted to D.C. for its many opportunities. The problem wasn't so much their brains as, fairly often, their arrogance and opportunism, things that I think Barack and Michelle have plenty of!
I might be wrong; I am just guessing from a few articles I have read, including from our fave mag, and watching them in action. Certainly it is a matter of record that the man has not had what you might call a "real job" ever.
I think that Obama can be taken as a blank slate when many people just write in what they want. Hillary was accomodating but we really knew who she was. Who is the real Barack Obama, though? Isn't there a kernel of truth in all this anti-Obama digging into his murky background? Not that he is sinister, just that much about him really is unknown. You dislike him you imagine him as "this", you like him you imagine him as "that" but proof that he really is either just doesn't seem to be there.
Sarah Palin might have a similar role for a very different reason, unknown because there just isn't much to know, another blank page to be filled in as you please. Is she innately smart if somewhat unschooled or is she just an airhead, as if she just blundered into the governorship of Alaska? About all we know for sure is that out of the four of them she's the one we'd rather see naked, I guess. Well, perhaps not a large segment of the core readership of "The New Yorker"; they would go for Barack Obama for sure!
As far as the market rebounding, well that's one bet I'll make with you. The dow will be back to 10K by this time next year if not sooner.
Youll be lucky if the DJIA cracks 10,000 in 5 years.
It just capitulated.
Bet with me? I'm shorter than Danny Devito via the Options market and my account is going up like a raped ape with every nest of vipers uncovered in NYC and every piece of incompetence that originates from the Whitehouse and the two hacks screwing your economy.
The Lehman CDS auction today should be enough to get a priest to give your economy its last rights.
General Motors now has the Market Cap it had in 1929.
I'm shorter than Danny Devito via the Options market and my account is going up like a raped ape with every nest of vipers...
You've mixed so many metaphors my head is spinning like a raped tornado in a nest of apes or something.
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.....and the two hacks screwing your economy.
You are simply intellectually feeble if you believe the current crises was created by two hacks, whoever they are.
Although you apparently wish the very worst for the U.S., please don't gloat too much. This is a global economic problem, not just a U.S. problem. The pain will spread, just ask the folks in Iceland.
BWAHAHAHA. Someone says the Dow will be 10,000 in 12 months and I'm intellectually feeble?
I'm short. As in I'm making money from the falling market via the Options market. I'm long a series of Put Options on the Australian Share Index (ASX200).
I don't wish ill on the US economy beacuse the people that will suffer will not be the one's that fcuked it. It will be Joes in the burbs. If the market was going up I'd buy Call options, sell Puts or buy Naked shares. No skin off my nose.
However the two hacks, Bernanke and Paulson are doing what exactly to ease the situation? Throwing more debt after debt. They act, the market drops. They speak, the market drops. Who appointed them? Bush.
Going up like a raped aped is a metaphor that an American ATC once uttered describing something with a high rate of ascent.
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The pain will spread, just ask the folks in Iceland.
You must live in a cave on a desert island when it comes to news sources. The pain was being felt all outside long before the sh1t hit the fan in the the USA. Check the Hang Seng, Nikkei 225, FTSE100, CAC40, DAX, NZ50 etc. Check the YENUSD and EURUSD. The AUDUSD is just a mess.
An ape rampant with buttocks red holding two nests of vipers, fleeing two hacks and a President...
The escutcheon would be a little bit crowded but very lively. Whoah! Add a cave on a desert island to the mix! Okay, we could put the hacks and the Prez in the cave, I suppose.
What a lively imagination! Umm, you are writing this stuff straight, aren't you? This is an aviation site with random drug testing, is why I mention that.
Con-pilot, you too? I had thought that "The New Yorker" was just something people from New York read. I had no idea that it has spread to the hinterlands too.
Mind you, I bring old copies along to Africa and leave them behind, some sort of warped cultural emissary. There was a spell under Tina Brown where it seemed that you needed to be at least bisexual if not ragingly gay to enjoy the magazine fully. Nowadays it almost seems normal. The magazine, I mean! Maybe that other stuff too, but I hardly get back to visit these days so that I really wouldn't want to guess. I have enough trouble just trying to focus on the election.
Con-pilot, you too? I had thought that "The New Yorker" was just something people from New York read. I had no idea that it has spread to the hinterlands too.
Comes from years of sitting around airports and having ran out of things to read. We also had "The New Yorker" on the aircraft along with other publications. To be real honest, I have not read a "The New Yorker" for a while.
DJIA down 600 more points, it has absentee voted and decided BHO has won. I'll bet his anti-capitalist, anti-free market plans drive the Dow below 8000. 50% of Americans are invested in stocks and the other 50% depend on the economy, so how do you like increased capital gains taxes, higher tax rates, more regulation, more government now, GTF. Oh, that's right you are on a government retirement plan.
Rows of perps in orange jump suits, chains clinking gently as the three-holer rocks in light turbulence, heads bent over studying Government-supplied copies of "The New Yorker"!
Well, no wonder the goddam deficit is going up like a raped ape in a cave on a desert island if we waste tax dollars this way!
Next you are going to tell me that lunch was filet mignon followed by the cheese tray instead of baloney sandwiches washed down with Kool-Aid.
I was only small time and my perps just got to sit there all zombied out on Thorazine, one dirtbag and two guards. If one had asked nicely then perhaps I would have let him see my copy of "The New Yorker" but none ever did; I don't think they even knew which planet they were on. The drugs were paid for by the taxpayer but not the magazines!
Youll be lucky if the DJIA cracks 10,000 in 5 years.
It just capitulated.
etc etc etc
I then explain myself and you didn't know what went down?
Tis over baby.
The key word is Capitulated.
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However the two hacks, Bernanke and Paulson are doing what exactly to ease the situation? Throwing more debt after debt. They act, the market drops. They speak, the market drops. Who appointed them? Bush.
Galaxy Flyer, the market will blow 8000 in the next two weeks. By the time the country votes lets call 7000-7500 OK. The layoffs and downsizing will have commenced. You'll be lucky to get 30% of the popular vote.
Every potential republican should Google: Nixon Shock. Print it, read it.
GF as an ex Air Force officer you'll be on a very nice pension plan.
For every one Ike, you get Coolidge, Hoover, Nixon, Reagan, Bush, Bush - Its not worth screwing around with 6 useless toothey Pike to get one trout.
Rows of perps in orange jump suits, chains clinking gently as the three-holer rocks in light turbulence, heads bent over studying Government-supplied copies of "The New Yorker"!
Well, no wonder the goddam deficit is going up like a raped ape in a cave on a desert island if we waste tax dollars this way!
Next you are going to tell me that lunch was filet mignon followed by the cheese tray instead of baloney sandwiches washed down with Kool-Aid.
I was only small time and my perps just got to sit there all zombied out on Thorazine, one dirtbag and two guards. If one had asked nicely then perhaps I would have let him see my copy of "The New Yorker" but none ever did; I don't think they even knew which planet they were on. The drugs were paid for by the taxpayer but not the magazines!
Too funny, only if.
Ah no, the publications that I speak of I had on corporate aircraft that I operated before and after I was with the Marshal Service. Good post though.
Oh, no baloney sandwiches, might have had a pork product in the baloney, can't have that you know.
Oh, one more thing.
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Next you are going to tell me that lunch was filet mignon followed by the cheese tray
One never serves a cheese tray after the main course, only prior.
The U.S. government is also thinking about buying bank stocks, the White House said.
The move would be an attempt to directly inject capital into banks - which have been starved of cash as homeowners default on mortgages and inter-bank lending dries up.
But banks would issue new shares for the government to purchase, diluting the value of existing shares for current stock holders.
Also, analysts said the government would likely buy shares of the banks facing the most financial trouble, which isn't exactly a vote of confidence for the industry.
"If you own a bank stock, and you think the government might take it over, what do you do?" asked Harry Clark, chief executive of Clark Capital Management. "You sell it."
The above is from analysis of this afternoons stock carnage.
Bush, Bernanke and Paulson (sounds like a financial firm eh?). Good Republicans all eh?
TC It is simple tenet of the stock markets-they are priced based on future earnings, not the today's fishwrap. The so-called "bailout" that everyone loves is hated because it shows where the economy will be going. The "bailout" scares Wall Street because they see that BHO will thoroughly take over the economy, direct investment to the politically favored, raise taxes, add more government in everything including the 14% of economy known as health care. Everyone of those actions is going to lead us into a FDR-style Depression for the same reason-bad economic policies. Yes, we had a great housing bubble that is popping, Barack and the boys will send into a Depression. I just wish McCain and the Republicans would offer some real solutions-no bailout, let those who made bad decisions suffer for them (housing buyers and lenders), reform the tax code to simplify and lower rates, pursue sound money.
If you think that this economy is good for BHO, you're nuts. How will he govern with a $800 billion deficit, Chinese money headed for the exits, unions running rampant, the Congress divided as never see? He'll govern just like you claim Bush did, from his partisan side, oh that will be nice!
Read my post from the Dred Scott decision above-that's where US constitutional government has gone and why the markets are down 2000 points since BHO has been doing so well in polls. The markets are scared, like the man caught in a Texas hailstorm, he can't make it stop, he can't hide and he can't run.
It is simple tenet of the stock markets-they are priced based on future earnings, not the today's fishwrap
But that applies to Investors not traders.
Investors buy and hold for prosperity.
The others are in to make a quick buck based on buy low and sell hi OR sell (promise to deliver) and then buy to cover (better find some to keep my end of the bargain). I'm short the market via long Put Options that expire in Nov, Dec etc (an option is only an obligation which becomes a binding contract to deliver if exercised)
Also, the stuff on the news right now regarding short trading is false especially regarding Options and Futures. When the pension funds and institutional investors ditch a stock, them mum and dad follow (or conversely they all buy a stock) its going down, then trend traders jump on for a right usually via Options or Futures anyway so it doesn't DRIVE the price.
But, you are drawing a long bow to blame Obama for this catastrophe.
If you are right Mr Mc will be president, if not its Mr O.
The voters will make a decision as to who to 'blame'.
Would have thought the days of the Snake Oil salesmen were passed.
Looks like I was wrong again. Once again the proof of the spiel will be in the cure. Any assistance from the wife will be purely incidental, and we have heard what she thinks of her education and position in America.
I was itching for a 'discussion' because I can wade around Options and Futures exchanges. Can long and short. Knowledge must be the mark of Cain in a land with 50 states where about 10 will suffice and where ignorance is bliss!
This is a perfect trade set up and a lot saw it coming, mostly stateside.
BTW for Mata Hairy or whoever that posted earlier. Japan is about to sink on market open. There are currency issue as well. The Yen is eating the Greenback.
The Presidential candidates, or one of them. Thought that was the thread title.
But it would appear we have people who can out out Buffet Buffet and leave Soros behind in the market place. I find it most stimulating all this market stuff, selling shorts and buying longs, must be when you get hairy legs or something.
If all this market crap of bundling debt and onselling it and all the other legal but unethical procedures were not indulged in, and people only could make money by actually producing something of value then the world would be a much more pleasurable place.
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