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Some late night media perspectives courtesy of Wall St. Cheat Sheet. On behalf of all of us at Zero Hedge, we thank the academy (and Damien).
get busy dying, or get busy blowing stuff up...
I prefer the latter and yes, I'm an ex-Lasalle St trader, does that count? I can spell gamma and actually define it.
great job Ty
It's a good site. You have a good formula - keep it up!
It's only after we've lost everything that we're free to do anything.
Freedom is just another word for nothing left to loose and nothing is what Bobby (McGee) left me.
Congratulations. You are doing the world a great service... don't blow it all to hell just yet.
Congratulations Tyler and the Zero Hedge staff. Great site, great job. Many thanks for your efforts.
+ 1 trillion (or so ...)
Hope that you'll keep up the good work now that I've finally found this place.
I love this site. But I wonder if all the negativity is a little overblown. I mean the government, if you read your history, is always able to step in and fix things, even if the fix is short term. We are a nation of short term fixers. We are also a nation of idiots. Nobody thinks things will be worst next year. Nobody. Find one person you know who thinks that and I'll send them a nice care package. So the future is going to be worse: that's basically the thesis of this site. OK. So we'll all do with less. So the plan has yet to be worked out, you know, fixing the entitlements (Soc security, medicate, pensions, etc.). So the politicians are all corrupts and take a 2-year view. Can you imagine this government having a 5 year plan? Maybe the answer is to just step away from the keyboard and just let the idiots at GS run things up and down and keep your money in Treasuries at 4.5% (I do). There's no competition there, there's no running it up and down at 3:30p every day, there's no "event" trading because some Harvard linebacker (I mean mutual fund manager) says now is BY FAR the best time in history to buy stocks (the guys from Corestates--Greek guy, probably a pederast). Maybe this whole site is really an amateur "I-wish-I-were-Jim-Chanos" with all the hot hookers at my parties, and there's just too much envy. Maybe people on this site are just regular, decent people who think things should be "fair." Well, sorry folks, but look at the Phibro guy (Hall)--you don't think he's Lord V (he is)? Christ, the guy would kill his children for an extra few points. Not that i think everyone should be a Buddhist and meditate all day and read books with positive thoughts, but is there an awful a lot of brainpower wasted on this sites. Go make something people, donate a hundred bucks to a neighbor who lost his job. Stop whining.
"if you read your history, is always able to step in and fix things,"
That is because you are reading from a very short history. US is too much of a new country to have much of a history. Now if you read the old countries history you will see that all of them eventually get so undermined by corruption and decay that they can no longer create short term cosmetic fixes. I think the hope is that ZH (and other blogs) educates the public so real fixes can be created. Personally, I like the thing about dying or blowing things up :). They sure like their movies at ZH too. So congratulation for a job well done to ZH I hope you guys can keep it going.
Yeh they opened up the West by killing off the Native poplulation. They sure fixed that problem.
you FAIL so much it is pathetic ... and, again, if you dont have the brain power to figure out for yourself why is it so, then i will elaborate the principles of non-linearity, history and economy to you ...
I think some of the posters here are using a bizarre form of gibberish--the words are readable but honestly, there is no point to what was said and when you finish reading it, you feel duped. Since Tyler and the crew probably have accrued a few enemies in high places, it wouldn't be far fetched to imagine a few of these people posting on ZH just to muck up the conversations...OH WELL, but that is why it is nice to get to know people's monikers--saves me a little frustration from the gibberish.
PS, the gibberish thing has gotten so bad, unless an anonymous post makes sense while i am reading, i just stop, and think, " oh it is an anonymous poster, posing as a real poster --but i am not falling for it" Wish there were calculus questions for CAPCHA anonymous posts, so as to encourage registration.
AND, please, no offense to so many of you anonymous out there!!! Just wish the gibbering posters would be screened out somehow.
Actually I think it will be worse next year.
And the year after for that matter.
I hope it will not be, but think it will.
BTW, I have been on unemployment since Jamuary 3, 2009. My wife was alos unemployed for over six months, only recently lucked into a job. And that is what it takes these days, LUCK, pure and simple.
And congratulations to your site for the award Tyler. I am not an economist, nor have I ever done any work thus related. But I have a real hard-on to learn about it, since last July or so. Your site is one of the best.
I registered earlier today, under cbxer55. When can I log in? :-)
And then I get a response on my e-mail.
Thanks for that.
And again, congratulations on the award.
25093 Interesting read, which is why I come here. However I give you a fail. Somebody needs to know the truth and it might as well be us.
Yeah, OP is right, the government is always able to fix things. . . you guys are way too negative. A positive attitude goes a long way towards helping the fixing.
Take for example the Western Roman Empire. Things were working out great after Nero -- then through Romulus Agustus in 476 A.D. . . people were burying gold and silver coins in the ground -- that's how fantastic the government's response was. In fact, the Western Roman Empire fixed things so well, we now refer to the period in Europe following this development as the DARK AGES.
i think you jumped a about a thousand years forward to go from 476 to post Plague years. I think i understand your point; you're saying that in about 1000 years we'll be awakening from this financial mayhem. That's about when i thought this thing would get figured out too.
If I had a point -- it is probably to repeat the claim of Dr. Antal Fekete -- that the Western Roman Empire collapsed because of currency debasement, while the Eastern Roman Empire continued for another 1000 years (to the fall of Constantinople) because the latter did not debase their currency.
kudos to fekete....if you all have not visited
his site to read his essays you are missing
a treat.....i forewarn though that he is a
gold standard bearer.....
First. What government are you refering to? Government in general fail ALL the time (need I really give examples?). The US has had a lucky 230 years, but no government is perfect.... That said, the collapse fears are largely overblown, it is just a possibility, not a certainty. The main safeguard against this is that everyone has an interest in some form or organized government continuing.
ZH congrats on the recognition and Anon 25093, please register and stick around here. ZH strength (light) is detecting and unearthing bombs to take out the status quo with increased transparency and common sense. ZH weakness (shadow) is their myriad content and posters of "this economy sucks and therefore you should listen to ________ broker/fund manager/star gazer for salvation." These are all very smart people but in this they're still part of the problem and stuck in the industry dark ages (at least in terms of what is available to US investors) so please come back to help 'em keep fighting the good fight. TD is too smart not to get it sooner than later.
@25093 - "Stop whining"? Fuck you and send me my care package
I think it will be worse next year. Unemployment will be over 10%, CRE is going down bigtime, no housing market improvement, no consumer spending improvement....taxes are going to be raised in many states, counties, cities....Fed Gov will probably give us VAT, certainly are going to smack high earners pretty good....Economies all over the world are hurting and dealing with their own housing bubble issues...Eastern Europe can go at any minute....
But wait....there's more....
After reading your comment 25093, I knew exactly what you needed to read, so I dug it up for you:
Perfect fit and I am sure you will enjoy it very much, perhaps, uhm, go post comments there and not here? No offense, just trying to help by donating the link to you. ;)
You are the expert in these matters.
being a person of the far left (read: certainly not a democrat) i'm seeing a cross pollination of ideas i like here.
To see zero hedge post warren pollack's piece which suggest reading Mao's biography is a good thing is encouraging he's not afraid to state an idea has merit regardless of its source. I also see some of the same from max keiser who shows working class sympathies.
Since we of the left have been at this awhile, and admitting I don't know squat about what you folks here do for a living, i welcome you to the resistance. C'mon in the water is fine.
anyway, tyler durden and zero hedge get an honorable mention counterpunch. its on the front page now.
Isn't Anyone Watching the Fed?
Bernanke's Shell Game
By MIKE WHITNEY
Fed Chairman Ben Bernanke is a man who knows how Washington works and uses that knowledge to great effect. His appearences on Capital Hill are always worth watching. He sits politely with his hands folded in front of him playing the bashful professor while one one preening congressman after another makes a fool out of himself. In contrast, Bernanke looks modest and thoughtful, faithfully upholding the public's trust. But things aren't always as they seem. The Fed chief is sticking it to the American people big-time and no one seems to have any idea of what's really going on. Former hedge fund manager Andy Kessler sums it up in a recent Wall Street Journal article, "The Bernanke Market". Here's a clip:
"By buying U.S. Treasuries and mortgages to increase the monetary base by $1 trillion, Fed Chairman Ben Bernanke didn't put money directly into the stock market but he didn't have to. With nowhere else to go, except maybe commodities, inflows into the stock market have been on a tear. Stock and bond funds saw net inflows of close to $150 billion since January. The dollars he cranked out didn't go into the hard economy, but instead into tradable assets. In other words, Ben Bernanke has been the market."
What does it mean? ...Over at Zero Hedge, Tyler Durden did the math and figured that the recent 45 per cent surge in the S&P 500 had nothing to do with the fictional economic "recovery", but was just more of the Fed's hanky panky. Durden noticed that the money that's been sluicing into stocks hasn't (correspondingly) depleted the money markets. That's the clue that led him to the truth about Bernanke's 6 month stock rally.
Zero Hedge: "Most interesting is the correlation between Money Market totals and the listed stock value since the March lows: a $2.7 trillion move in equities was accompanied by a less than $400 billion reduction in Money Market accounts!
Have to reply...as a hard 60's radical who spent summers in Chicago's west side, who read the 'little red book' like the bible, who wanted to change and worked and sacrificed to change the system, I find it aweful where we are now. Rather than bringing freedom i saw the left bring tyranny, rather than emancipation and empowerment it brought subjugation, rather than ideas it brought sloppy slogans and drugs, rather than revolution it brought continued immaturity, rather than hope for change it brought superficial programs.
Resistance to what? The big bad system? Well, bro it has not a shred of clothes.
Resistance to what? The big bad corporations? They are paper tigers.
Resistance to what? The federal reserve? Get it audited.
Resistance to what? The vast right wing conspiracy? The vast left wing conspiracy? Offer a realistic innovation(s).
It is very comfortable being alienated.
James Braddock heavy weight champ, 1935, said it well, i paraphrase....I have to believe that I have a say in my life. This is all we need to get done. More citizens to think this way. Pay back what they take rather than expect more and more and more.....
It has been a while since I have talked to the 'left' without feeling personally offended for having different beliefs. Perhaps in the end the left and right will simply all be the disenfranchised jobless taxpayer at which point we will realize that the politicians all have to go. If 60% of this country's folks could agree on anything at all we would be able to move mountains. Certainly we could clear out every last fucker in the government.
right and left are just terms to sterotype with. not really all that relevant. warren pollock doesn't have any problem reading Mao and taking what he perceives as value and blending his own philosophy. we should do the same. i try to. i read this site and others like it.
a whole lot of the lefties voted for ron paul in the primaries. me i voted for mike huckabee who ran commercials in michigan that said something like who do you want for president: a guy who looks like one you work with or a guy who looks like the who laid you off. despite all huckabees positions of huckabee i dont agree with the obvious knock on wall street was too temting to pass up. so we are in this together with a lot of different perspective. we can fight about the future when it gets here. the obvious task is in the present.
Here is an interesting link regarding the differences and similarities between
liberals and conservatives
right the system has no clothes and doesn't give a damn. they now tell you there gonna screw you even before they do and dare you to do something about. you know, like that 700 billion bailout that passed in broad daylight with calls to reps running 100 to one against.
yea corporationas are paper tigers allright. they've shipped every manufacturing job in the country out right under your nose. maybe you were to busy day trading to see it. or maybe you were making money on those stock increases from the rising productivity numbers.
get the fed audited. all right do it. but why do you think that legislation got only ten signatures on it. It aint gonna happen.
oops should have posted a link to the counterpunch article.
TD, did you cover this counterpunch stuff on your site? you're telling me money market inflows were 400 billion but over 2 trillion in market rises occurred?
Thank You Protesters
congrats guys. well deserved. this is the first place i go for market news
Down with the establishment!
Congratulations, keep up the original and rare coverage.
Awesome blog. Congrats.
I can't say this enough... GREAT JOB ZH!
Congrats and keep up the good work.
Nothing is static, everything is evolving....Everything is falling apart...
This is Your Life, it doesn't get much better than this...
Yes it does, Obama promised! I remember well! He promised me it would get better! He swore there would be change!
Hrmn... in hindsight, I guess I should have asked him exactly what kind of change he meant.
Oh well.. He promised!
"Most recently, Zero Hedge’s relentless coverage of Goldman Sachs has brought countless critical issues from the smokey back-rooms of Wall Street to the public corridors of Congress."
I wonder whether would that happen without existence of this blog and the whole blogosphere in general.
the Main street seems doesn't care about what's really going on in the world of money. people are happy to get their paychecks or unemployment insurances, and that's it.
in the meantime GS et al keep profiting from simply ruining this country.
if I remember correctly at the end of the movie Fight Club there was an idea to blow up some building.
eventually, it's gonna be the building in the end of Broad street.
This site will encourage more insiders to expose how things work. And that's a good thing, a very very good thing. It's kind of like that show where the professional magician hides behind a mask and exposes all the tricks that consistently dupe the audience.
Mazel tov Tyler and gang.
A highly deserved award. ZH has become the first stop in my financial news reading most of the time. Thanks for the straight scoop in ZH investigative reporting with supporting links to the sources. Bravo!!
You and your staff deserve the award. Well done. I expect a t-shirt to recognize the feat. I'll buy 10, maybe I will get one of them this time.
Outstanding ZH! Circumcision machetes honed here.
Congats to ZH...top notch in my book!
Tyler, All the women that RobotTrader refers to should kneel before you and worship you like the GOD you are. Fantastic on the award, well deserved and quite timely. Thank you for the education, entertainment and commitment. Bless you and may you be blessed and safe!
*loud applause* and the Italian chicks also congrats you, even though they don't have any idea what they are applauding to
Congrats guys. I've been here since the very beginning and I must say this is by far the best blog on the internet. You guys are original and sophisticated unlike every other blog. Please don't ever assume your audience is dumb and water your content down. Fantastic work guys.
congrats, this site is top-notch edutainmnet!
L'Chaim to Tyler and Co.
Everyday I am educated by the writing and amused by the author.
Your site, your efforts and your team are the best thing to come out of this whole financial crisis. Something tells me ZH was not what Rahm was referring to when he said "no crisis should go to waste". I adore irony.
this crisis provides us with an opportunity that will allow us to do things we have not been able to do before ... the corruption that has gone on and is going on would have been unseen 40 years ago .. no longer ... the people have access to information lots of it and quickly ... perhaps change is coming ... unintended consequences ... Transparency
congrats tyler. great job. but, to be honest, i am concerned with the comment that your "ultimate goal is to make zero hedge a self sustaining source of unbiased information." concerns lie in the worry that this is a buzz word for a subscription site. if so, i have no problems with someone making a living, especially providing provocative, cutting edge commentary. but, i fear that if you migrate to a subscriber model, the need to "justify the dues" may interfere with the fiercely independent, contra-system site you have spent so much time/energy building up. cheers.
I wonder what this country's going to look like in ten years. For sure the poor get poorer and the rich get richer. The masses in this country and most of the world are just too damn ignorant and have no thirst for knowledge. That's the history of the world and that will never change - unfortunately.
LOVE IT - pimping it on my blog. You're the only other blog I am sending my readers to.
A place where ppl know who Skumdog Billionaire, Skamram Bandit really is...
Great work and effort shall be rewarded courtesy of government.....24/7 black sedans outside the blog...
PROPS to everyone at ZH
Wow... congrats on the award... this blog is inspiring... and hopefully it will inspire people to speak up not only in the areas of finance but in other areas of government run amok.
Wow. All this nob-slobbery makes me think perhaps its time to move on to better less nob-slobbery places. Ones that don't have crass political comment threads or groupies. Just the facts, please.
Happy trails dude.
Can't you just be happy with your own smarmy self-congratulations when reading the comments?
Good show, keep it up.
Congrats to everyone at Zero Hedge.
Well deserved and earned.
As for myself...well.
I'm bloated, I have a headache and I'm crowning.
Standing ovation to Zero Hedge! I'm still looking forward to when you accept the Pulitzer with a bag over your head. It will be a highlight for those of us who adore the right to free speech.
"Sometimes you get shone the light in the strangest of places if you look at it right."
The Grateful Dead
I'm an outcast from the mortgage implosion, from the inside-out view, and this is by far the most informative (over my head, I'm learning alot) first read of my day, and I started picking him off Implode-O-Meter. As the flow of info off the net can be overwhelming and you have to source your source and then source his source, you better find out where you get your info and can it be trusted. This is the most sourced and trusted site I could send someone needing info financially. Contributors are excellent, comments are great exposure to different viewpoints (to say the least), and it inspires to contribute and keep learning ways to change things for the better.
Congrats TEAM ZEROHEDGE, YOU DESERVE IT! As for the rest of ya, shut the hell up! If you don't have something to contribute, MOVE ON! (love ya!)
Shit! Tyler goes commercial! Time to move on I guess.
Maybe I'll hang around The Tycoon Report. They're talking about the DTCC.
ROR, actually this was already covered here at ZH weeks ago ... browse trough the archive and you will find the article/articles ...
Just trying to burst another bubble.
Congrats. New reader here since two weeks before you left the blog site.
Way to go fellas! Uncork the champagne! This site has exploited an inefficiency - that amazingly had not been exploited until now. ZH is closing the gap - the genie is out of the bottle!
I'm thankful for your teams hard work.
during zeros' downtime you may wish to visit David Fry's blog/site (ETF digest):
excerpt from today's offering:
"There are crazy headlines everyday and you don’t need me to cherry pick them all but I liked the following:
“Consumer spending rises in June as incomes fall”. Reuters
“SEC to ban ‘Flash Trades’ that gives brokers edge, Schumer says”. Bloomberg
“Fed plans to strengthen bank examinations with expert teams, Tarullo say”. Bloomberg
“Duncan wields Obama’s $100 billion to make US schools more like Chicago” Bloomberg
“Financials surge, save rally.” MarketWatch
“Demand surges for clunker killer.” MarketWatch
“6 keys to investing for doomsday.” MSN Money
“Jon and Kate Gosselin have onscreen spat.” Yahoo News
I was educated in Chicago’s public schools and let me take this opportunity to express my sympathies to parents who may have school age children.... "
Congratulations on well-earned recognition.
Much more to come as the financial fudge factory is a virus which has developed resistance to the so far feeble efforts to contain it.
OK, ZH team, take your bow.
Now get back to work. :-)
Officially signed up and happy to support ZeroHedge on their achievements!
Exposing lies and chincanery on Wall St. Fighting for truth for all traders and investors.
Exposing the bias of CNBC and outher media outlets that have helped to mislead the herds of investors to their own detriment for years.
'Keep up the work and bring MUCH NEEDED Balance
PS- TD, did you see that CNBC/GE is using Pax Americana/patriotism to convince people to buy stocks up here now? I guess the FED/GS/BONY/STT PPT Complex is dumping now
Zero Hedge has show us what the mainstream media really is about.
Main stream media's main message over and over:
"Don't look too closely at the data or what Wall Street is up to because things are looking up, not out of the woods yet, but plunge in guys with your cash"
"save our skin guys - we are scared shitless but hope if enough suckers jump in we can ride it out on your money. If you lose, so what - we don't care - you are what we feed on"
Congrats TD, keep up the good work. As for the negativity, we need both sides. Its what makes markets
This is a reminder--have you donated lately?
"Discussing Dennis Kneale is counterproductive as I really have no desire to be grouped in even remotely close circles to him."
As someone who has been reading your blog since its very inception, let me be the 1st to say - It's about fucking time.
This blog has now confirmed and may be cited as the World's Best Financial Transparency forum as all reports include detailed descriptions of the findings and conclusions with respect to the reports. All members
of this blog, together with such recommendations for Legislative and or Law Enforcement action as Zero Hedge may determine to be appropriate.
One Giant Step for Transparency
One Giant leap for Freedom
ZH is doing an outstanding job.
Congrats ZH team, quality content is why I donate cash to say Thanks.
Plato himself could not have penned a more apropos conclusion.
No one ever creates anything great without a dash of madness--Aristotle
Congratulations on the award.
ZH has more than earned this award, and others, with the most comprehensive financial reporting I've ever read.
Keep on hammering the banksters and the fraudsters.
Absolutely well deserved...Thanks for all of your hard work ZH team. It gives me a glimmer of hope that not everyone is looking to blow the establishment to get ahead (hahaha)...and that people that produce quality work without a bunch of bullshit can make a difference. Thanks again ZH...
Well this is a nice development. All the hard work is paying off.
I refuse to accept the premise that Americans as a people are stupid sheeple. Where some see masses of morons, I see people focusing on surviving in this kleptocracy and tuning out the bullshit that pervades our lives.
What the condescending oligarchs miss is that people will tune in to good information, even if it goes over their heads. And people care. This is evidenced by our leaders facing tougher questions from folk in town halls than they do from their regulators, or congressional overseers.
When asked to justify their actions, our leaders main refrain has been "its complicated." Endless thanks to ZH for proving them wrong and empowering us with information.
Best blog? How about best internet site!? I sleep well at night knowing the PPT will gun my SPY's and IWM's whevever they drop a quarter. Thank you TD and associates.
I appreciate everything you guys do. You have inspired me to stay strong and fight the herd.
TD - Keep on keepin' on. Quitters never survive. Fight on and never give the fluffs a moment of respite.
Now all you need to do is have a strict policing of the comments page. Seriously - the more popular this site becomes, the more you attract these sycophant weirdos who clearly would be much more at home on either on the Drudge Report or on the Daily Kos. One of the best things about this site was never really knowing where you stood politically. I didn't want to know. I still don't. But you now have, in equally annoying measures, both Leftist-Moonbat, Greatful Dead-listening, Acid casualties who swear you're on the same page as them, as well as tinfoil hat-wearing, Obama-isn't a US citizen-believing, right-wing brownshirts who also believe you and they are intellectually aligned. And they are both abusing the comments section of each article you post to advance their ridiculous views; trying to run their own blog vicariously through yours.
Remember the good old days when the comments section consisted of about 10-12 people discussing the day's credit/stock/treasuries action in-depth? With incredibly insightful posts about the strange abnormal occurrences that we now basically take for granted in this shell game they call the stock market? The comments section used to be almost as informative and entertaining as the articles themselves.
Now you have basically 3 different types of posters - 1) Someone kissing your ass to the point of embarrassment, but not even pretending to know what the fuck VWAP is, 2) Some who sounds like they hump a Sean Hannity blow-up doll at night, ranting & raging against that Socialist/Fascist/Enemy of the People Obama (along with not-so-subtle stabs at that "Jew" Bernanke , or 3) Someone inviting you to a Phish re-union concert so you can get together and "fight the man", man.
I'm starting to think you might need to just do away with the comments section altogether, lest your enemies have more ammo to paint you as some conspiracy theory pushing lunatic.
You lie down with dogs, you get fleas.
You need to do your part by marking junk comments "JUNK" with the flag at the bottom.
We are also going to implement a reputation and filter system. For now, flag "Junk."
The comments allow for expression and participation under a broad tent. To quote the interview "In this sense, Fight Club represents nothing less than the growing disenchantment with a highly leveraged consumer culture, a financial system that merely redistributes wealth from the middle class to Wall Street, and a crony political system which never changes its substance. However, in order to succeed in real change, the truth about the reality behind the scenes has to be exposed."
Alas, the crony political system is connected to and is in fact an arm of the International Financiers - bought and paid for.
By attempting to steer Tyler, you yourself are "abusing the comments section of each article you post to advance your "ridiculous" views; trying to run your own blog vicariously through Zerohedge". To quote Fightclub, "Stop trying to control everything and just let go! LET GO!"
Do away with the comment section huh? What a foolish idea.
To me, YOU are the one who sounds like an intellectual brownshirt. You malign opinions vastly different than your own, perhaps even brought forward by those with more intelligence than yourself. Just keep hanging on to your precious worldview. Your time is measured in months, not years.
Vicelord i respect your view,and somewhat have the same thing on my mind, but you can not push your own agenda just because you don't like something, or that you like something like it was etc,and, if you can,please understand not all have the same cognitive capabilities,but that does not disqualify them from entering a discussion ... and you are doing the same thing you so loudly speak against of ...you run your own personal blog under the comment section and, as i said before,you make no real contribution to the discussion except with you constant rant about how stupid people should not even dare to have Internet or have a right to read some exquisite information provided by this site. you have many specialized forums all over the Internet, and they will serve your purpose. but if you wish to contribute to this blog and its goal,please sustain yourself from insulting the readership of this blog just because you have some overstated view about your intelligence and knowledge about something that has become both insignificant and irrelevant ( the market ) and finally, you need to understand that your surroundings does not need to adapt to your needs, but your needs need to adapt to your surroundings. and if you do not like that, then you can go somewhere else where your general view is both excepted and shared ...
You know, I don't disagree with you. Except to say that I'm not in any way trying to advance any "overstated view about (my) own intelligence." Or that I'm trying to put through any particular view of my own (the only thing I ever pounded the table about was trying to get Tyler to not even respond to anything CBNC had to say to or about him.)
I came to believe long ago that you can learn very valuable things even from stupid people. I don't think for a second that I'm in any way smarter than anyone. I know a thing or two about a thing or two, and that's about it.
I have just come to lament the sad state of affairs here on the comments section. That's all. I will shut up about it now. It seems I am trying to fight back the tide.
Good day to you, sir.
But Vicey was funny!
The "vicelord"? You lose credibilty right off the bat with a name like that. What is that - a comic book character?
You are spot on with this. I have seen this happen on pretty much every bearish economics blog once it becomes big time. CR, Naked Capitalism, now ZH all seem to descend into a cliquey nest of circle jerking and nonsense in their comments when at one point they were all on topic and in depth. Sadly, I don't even read the comments at those sites anymore, except for maybe a scan through on occasion. This site has become much of the same lately, and its only going to get much much worse.
I won't give up on Marla and Tyler and crew--they are going to figure something out...
Hey Marla, and Tyler, I have an idea--how about, instead of Anonymous, all posters that don't register, have the title "GIBBERISH" and below the title, you could have in smaller letters "read at your own risk: be prepared for extreme frustration"
Again, nothing against the anonymous posters who do not speak the language of gibberishistan.
lol ... priceless
"I didn't want to know. I still don't. But you now have, in equally annoying measures, both Leftist-Moonbat, Greatful Dead-listening, Acid casualties who swear you're on the same page as them, as well as tinfoil hat-wearing, Obama-isn't a US citizen-believing, right-wing brownshirts who also believe you and they are intellectually aligned."
you sound like a cnbc commentator. if the world doesnt fit your view you bash and trash it. guys like you are gonna be lost when the system resets and u have to start from scratch. you're suffering from an extreme case of anti-social cognitive dissonance.
this will will either be open if it wants a wide audience or they can close it off as a pay site for market worshippers. who cares? in either case the world still turns.
You do not have to pay to register.
I did so just today, if only to be able to
post my Wile E. Coyote avatar! :-)
Really it does not cost a thing,
and you get to put up an avatar.
It's all good from there.
People forget that in the 1940's people gathered all the bankers and placed them in encampments and gave them forced labor treatment. Some survived. the Al Qaeda also tried to stop all the Manhattan banksters; they got a few thousand but not enough!
Case in point.
Lose the perp stache! hahahaha
Aw, Vice... c'mon. That was a little over the top.
That is why vice got junked, as he was speaking a certain truth about junk comments, he also painted himself as bigoted and from that comment, he is aligning himself with Al Qaeda...God what strenuous work you have!
Wait wait wait a second - You think that was ME who posted that wack-o Al Qaeda post? Oh, dear God please no. I said, "Case in point" in regards to THAT particular post. If was as if whoever put that up there was trying to prove my point FOR me. How on earth could you possibly confuse me with that lunatic?
I give up.
Ok Vicelord, sorry for misunderstanding you , but you called this poster a lunatic, and in your earlier posts you pigeonholed so may people into harsh categories, that is why you are probably getting junked...
As I am sure you are aware, your "case in point" comment was easily taken to mean that the poster in question was one of the bankers that should have been killed in the 9/11 attacks. That is over the top. And if you have been misinterpreted, your tone and manner facilitated that mistake. You might consider moderating it as a result.
Well done and well deserved, think there's more to come. Keep up the good work.
One can make a decision tree regarding the market, government intervention, being long or short, etc. All lines end at "You're Fucked", but the paths taken are different. The folks who are believers, as opposed to the infidels and apostates who pepper this site, are making some money in the short term, and enjoying their final moments of happiness, kind of like Nassim Taleb's turkey in Black Swan. It's November; we just don't know the day.
The shorts have been in a state of increasing misery since March, their cancers metasticizing in parts of the body they never knew they had, and many of them may opt to put their head on the chopping block before the third Thursday of the month. They not only know what's coming; they welcome it.
Other paths taken on this decision tree are traveled by the likes of REITs, lesser banks, homebuilders and automakers. For the moment their path is also bright and shining, and they certainly have the 'audacity of hope'. Sadly, they do not see the man with the hatchet sneaking up behind them. Their demise will be swift, and almost---but not quite---painless.
Finally, there is the path paved in gold, where its travelers do not walk, but are chaffeured in a black Rolls Royce Phantom V. The driver stops just short of the passengers' destination, where the final steps are taken on a reflecting pool. Yes, the Goldman Sachs folks walk the last mile on water.
In that reflection, however, perhaps unseen by those whose heads are held so high they never do anything so pedestrian as look down and self-reflect---except in a Narcissistic manner---they fail to see the mutants and zombies and former shorts and the rest of the great undead fast approaching with pitchforks and torches and the means to erect a hundred guillotines just outside the hallowed halls of 85 Broad. The yin for their yang will be a demise filled with such pain and horror that their last moments will force them to question whether the rewards of their current but fleeting glory will have been worth the price.
Such is life. We all choose a path, only occasionally reminding ourselves that everything is temporary and is either meaningless (Buddhists and pessimists), or else of such short duration that we must grasp every ounce of beauty for its own sake (optimists). It's the Last Dance.
In the long run we're all just as dead.
Oh, I forgot - you have a 4th type of poster - as evidenced by the dude above: The type of guy who tries to compete and out-do the staff of ZH with their own brand of literary kung-fu - deeply evocative metaphors; flowery prose; rhetorical flourishes; etc. etc. All really annoying. The type of guy who wishes he had his own blog, but doesn't, because no one wants to read his bullshit, so he comes to yours and clutters up the comments section trying to show how cute and witty he is.
It's like the small, dark neighborhood bar you've come to love, and suddenly, overnight, it becomes populated with obnoxious, trendy wanna-bees. It makes you want to weep for humanity.
WTF man, did someone punch you in the vagina or you have a bad case of PMS ... literally tens of people here told you to fuck off with that kinda behaviour ... no one wants to read your hormone induced rants about how other people are stupid ... go find some 25 yo coke-head GS bankers and hang out with them ... and what kind of a name is Vicelord .. you must be a cocky bastard who sits alone in that bar wondering why no guy wants to have a beer with him, and why no chick wants to blow him ..
Ok, ok. C'mon!
Just resist the urge to post pure personal attacks, ok?
WTF, he insults the whole comments board on a daily basis tens of times and you guys say nothing to him, and if he is such a tough guy let him defend himself ... screen trough his posts, not one constructive or insightful comment in the last 2 weeks, only insults ... if he is such a cry baby that he needs someone to defend him, he better learn to shut his mouth if he cant take criticism ...
I'll drink a beer with him. If he buys and I can sit alone with it.
best comment of the post!!!!
As opposed to you, though, right? Who wonders why all the guys let you blow them, but don't even bother buying you a beer afterwards.
Cheeky Bastard, huh? Now THAT'S both strikingly original AND provocative. Well played.
I sleep well knowing that the majority of the people who, along with myself, have been following this blog since it was just a periodic post on Seeking Alpha, would agree with me that the comments section has definitely taken a turn for the worst.
And now you, my good man, may go fuck yourself.
Ok, that will do. I'll break out hostbans next.
wow, i cant believe it, you finally made some spare time to address us mortals. your response is a response of a third grade kid who just found out that his mom is a neighborhood bicycle. You " attack " me with the same words i addressed you, and yet again you show how un-original you are, you cant even pull a witty and smart reply from your, oh so, smart head ... and talk about your, supposed, intelligence. for many times i have tried to have a discussion with you based on factual arguments, and when things finally start to get complicated and interesting you just stopped replying. so you have been following Tyler from the times when he published articles on SA, guess what, tough guy, so did i. I have also read all his articles many times, and i don't brag about that little fact as you do, and you think that you are entitled to something just because you were one of his first readers. You are not. Be happy you have insight in this kind of information. Yes i agree there are people who troll this site and who make no real contribution to this site, and the answer to that is not to insult them all the time, but to make creating a profile a requirement for posting a comment.
I believe you just looked in the mirror.
Congrats and a tip of the goblets to ZH! Excellent work and a much deserved acknowledgement!
Grats ZH. Appreciate the time and witty humor here so the reward, imho, is well deserved.
Just don't let it get to your heads. ;)
And stock gold, ammo and dry food so we can survive the green shoots! :P
What, no mention of Radio Zero?
And, incidentally, congratulations, dude. I'm not surprised, at all. You know, I post on Krugman's blog sometimes, and actually got a reply or two from him over time. And one time I castigated him as a coward for not covering the topics being discussed by you. And what I said was, "The man deserves a Pulitzer for his work." (He didn't respond to that one.)
My point being is that you do a Pulitzer; I've thought so for a while now. And I don't think it's outside the realm of possibility to think that one day you may in fact get one. IF you don't lose sight of what it is that drove you to start this blog in the 1st place, instead of getting caught up in petty catfights with paid shills for GE.
Is that you Ron? You have an odd similarity to the assistant vice president at my local branch(citibank).
(BIG SIGH) Vice,Vice, Vice...do you know what projection is? Maybe look back at your earlier list to #1 (listed below) Maybe you could take the log out of your own eye before you try to complain about the specks you see in others...
Vicelord said, "...3 different types of posters - 1) Someone kissing your ass to the point of embarrassment, but not even pretending to know what the fuck VWAP is..."
“When the fight begins within himself, a man's worth something.” - Robert Browning
, 1855 -
A selection of relevant quotes is in order to celebrate the banning of non-naked flashing and the first amendment award for outstanding journalism.
... You're not your name.
... You're not your problems.
... You're not your age.
... You are not your hopes. - You're not your blog or your awards as you know.
As in warfare, asymmetric information will always win over a large, slow, entrenched opponent. Here's to winning, as I tip my champagne glass to you good sir.
Congrats - well deserved. I bet Denninger and several others are pissed. LOL. He'll be even more pissed after you take this award perpetually. No one else comes close. Maybe if they have a rant award I could win that. LOL
I doubt very seriously that Karl is pissed.
In reality, IMHO, he deserves this award as much as Zero Hedge does.
Reality: in order of where I start my day.
!. Market Ticker
2. Zero Hedge
3. Calculated Risk
4. Naked Capitalism
6. Weiss Research
7. Dr. Housing bubble
8. Layoff Daily
9. Financial Armageddon
10. The Automatic Earth
I have been reading all of these sites for some time. They all have their ups and downs. But I would not miss any of them. They all deserve awards.
But thats just me.
reading market ticker first, and taking it seriously, can be dangerous to your health.
Karl has actually appeared on CNBS.
I give that a big thumbs up!
He's fighting the same "green shoots" media
that TD is fighting.
The only reason I put MT first is I have been reading it longer that ZH. But then MT has been around for longer than ZH, so that would be expected.
The fact I put ZH second is a good thing.
Excellent interview and thank you all for all your great work!!!
Rick: I congratulate you.
Victor Laszlo: What for?
Rick: Your work.
Victor Laszlo: I try.
Rick: We all try; you succeed.
Vicelord: I do not see you adding any value here, I see you cluttering up the board, and I see you trying to blow your own horn. In other words, you are the epitome of what you claim to abhor: a wannabe blowhard.
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