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Tyler drink a beer man!
If you ever get the chance hit up a beer dinner hosted by Brooklyn Breweries Garret Oliver. Great time, he traveled across Europe drinking beer, my dream.
ha, my brother just did that last night. not sure he's been that excited since his son was born.
click the ads, support the servers.
Beer is getting a bad name now that our own very FISHY president seems to think that you can shove wrongdoings under a rug if you smile and say, "let's have a beer, to agree to disagree".
His name is Henry Paulson....
His name is henry Paulson....
GS speaks ...
Fanboys in 3...2...1...
I am Chumbawamba, and I fucking love this guy.
Somehow I do not think that is true anymore. With the Federal Reserve printing presses gone awry and the deficit spending of the 'change we can believe in' kicking into high gear, people are insignificant to the greater agenda. I think we are witnessing a shift in paradigm where the old ways are so 20th century. Now we have to look forward to 'V for Vendetta' style 'Chairman' who controls the country with his Czars.
V's message for the USA:
God bless that message and performance.
I never read or saw the "V for Vendetta" until i clicked on Bubba Blankensteins link (see below)--you must be asleep if you think that Obama and his Czars are like V! Wake up!!!!!
are you trolling or soemthing? he is saying they are like V's opposition
Interesting article from 06: http://www.businessweek.com/bwdaily/dnflash/may2006/nf20060523_2210.htm?...
Wonder why Bush gave his intelligence czar the ability to excuse publicly traded companies from their usual accounting and securities-disclosure obligations.
William McLucas, the Securities & Exchange Commission's former enforcement chief, suggested that the ability to conceal financial information in the name of national security could lead some companies "to play fast and loose with their numbers." McLucas, a partner at the law firm Wilmer Cutler Pickering Hale & Dorr in Washington, added: "It could be that you have a bunch of books and records out there that no one knows about.
Seriously? You wonder why Bush did that? Wow.
I am Chumbawamba.
"I guess they waited til the last fucking day to find a job"
video you can believe in.
Green shoots! ROTFL
I think I'm gonna send him an HP ProLiant DL 700 for his next video.
Except for umemployment being that lagging indicator that it is. Dude's a crack up though, gotta be a fellow Nuge fan.
WTF are you talking about, this is a credit led depression, unemployment is a leading indicator in such cases. Since the 1930's the US has not experienced a credit led recession, they've all been inventory led, where unemployment is a lagging indicator.
Unemployment is a leading indicator in a credit driven recession/ depression. The correlation between job losses and deleveraging was 85% in Great Depression 1. In GD 2 we gonna see unemployment fucking skyrocket.
correct. few people understand this.
is that a water gun .... rofl this dude kicks ass ..
What does that guy do for a living?
The White House should replace Gibbs with that guy.
That would be a press conference I would watch.
Wallstreetpro for FRB President!
"Wall Street's factories are in China.. Wall Street's bonuses come from China".. Classic
He cleaned the garage up... but lost the fan blades from the last go around... I would like to see him and Mary Shapiro in a room together.
He must hit on effigies of various characters in Wall Street, the administration and other crooks.
The batting glove is a nice (new?) touch.
TD, please get WSPro2 and Kudlow together. Larry's
highbrow princeton washington insider schtick vs. WSPro2
and his unfiltered unadulterated low brow commentary.
This would be better than MTV's Real World - a real ratings
A good title would be White lines and Green Shoots
More like a case of Celebrity Deathmatch
Bill Fleckenstein had this link in his "Ask Fleck" today... very funny:
How You Will Order Pizza in 2010
That was fuckin awesome.
That came out when the congress was deliberating nationalID which morfhed into RealID aka drivers license, after 9/11.
From Russo's America: Freedom to Fascism. One of the pieces later in the film.
I hope Fleck has watched the whole thing.
Watched the first few minutes... looks very interesting... will save it for the weekend.
This fella has a great swing.
He must coach Little League south of the Mason Dixon Line somewhere.
"we don't need manufacturing jobs... we're a service economy!"
We are a service economy - in the same way a bull services a cow
are the highs in on this rally ES09 daily bars ?
And my kids think I cuss too much!
Obama Plans SSummer Camps to Help Dissidents Concentrate on the Benefits of Health Care Reform:
i cant stop laughing. no teleprompter there.
he about covered every issue I can think of all while killing the fax machine.
My new Idol. He is right. The people are pissed off, well at least the ones paying attention that understand what is going on.
Show up at your town halls and tell them to stop the madness.
DESPERATE PLEA to Printer Smashing Redneck:
PLEASE show up at the next town hall meeting! PLEASE demand answers to why the Goldman cover up continues unabated!!
We must demand answers of these stupid, bought and paid for idiots we elected.
Yep. IF this dude can't get the point across, NO ONE CAN!
Logic and reason arent working.
Goldman Insiders Scoff at the idea that they were sinking before becoming a bank holding company and Tarp II
Gee wonder why they wanted Tarp II and why did they ever become a bank holding company
Save your time reading that article. The bottom line is of it is that anyone from Goldman is a lying sack of shit.
If only the average Joe was this informed and angry, then something might change.
AMEN. Sad but true..The average American needs to get this pissed off!
we need about 25-30% unemployment for that happen. then, and only then, joe ignoramous will double-down and ask for a double serving of the shit sandwich he's eating right now.
wait a minute...
Duly reported to firstname.lastname@example.org. Hopefully that's the last we'll see of that stupid redneck.
THANK YOU. 46/65 = .707 is the number to beat
pretty good swing he's got there.
swonder if he can turn on a fastball? switch hitter too.
his batting avg isnt as good as goldman's up day trading days but WSPro2 can only dream of being as successful as the honest patriotic goldman boys.
If someone could get him to say "I haven't been fucked like this since grade school" in that Carolina accent, that would be awesome mixed in on RZH. :-)
Got a funny feeling WSPro2 is Tyler Durden...
We are all Tyler Durden.
"Please return your seat backs to their full upright and locked positions."
"You are not your job. You are not how much you have in the bank. You are not the contents of your wallet. You are not your fucking Khakis. You are not a beautiful and unique snowflake. You are the all-singing, all-dancing crap of the world." ~Tyler~
I thought this was appropriate given our current economic condition....
"Our generation has had no Great Depression, no Great War. Our war is spiritual. Our depression is our lives." ~Tyler~
Tyler, I think we're about to challenge this thought.
Please, no one tell him his video camera was made in China.
// looking forward to the video in which he is wearing a Zero Intelligence t-shirt.
ahahahahaha i love when he finally hits off the printer and says "beetch"
Someone needs to send him a printing press to symbolically smash to smitherines. It is the source of all his frustration, the ring of Soron.
The first item to be printed on the press by Guttenberg was a Bible - it's ironic that man can corrupt just about anything, and the last thing to be printed will most likely be paper money.
He should also quote movie lines, I'm entering the first request from the Planet of the Apes while he smashes the printing press: "You Maniacs! You blew it up! Ah, damn you! God damn you all to hell!"
Couple of good threads to pull out of your comment if anyone were interested but I'm not smart enough to articulate them. They have to do with the power of the press as we know it now vs. historically, and also the religious involvement with the formerly transcribing of the holy text by monks/priests/etc. and allowing anyone literate to have access to the same holy texts copied multiple times much more efficiently.
It's getting harder and harder for the monks to control the information flow, if everyone will pardon my poor analogy.
I understand what you mean.
The church had all the power, Martin Luther with the help of the printing press provided the word translated into English so everyone could read it for themselves without need for a Latin interpreter and the particular Padre's interpretation. The "MSM" at the time did not appreciate the change.
A modern version of that same conflict is the rise of the internet and blogging. It's challenging information flow and distributing information so quickly, that Gordon Brown (UK PM) stated at TED, "the power of technology - such as blogs - meant that the world could no longer be run by "elites". Policies must instead be formed by listening to the opinions of people who are blogging and communicating with people around the world." They can no longer control information flow, especially asymmetric information from hundreds of blogs - this is causing a great awakening and desperation for elites and the current "MSM" that want to control the message.
The next phase of this journey, this progression will be a choice between freedom and absolute tyranny / dictatorship to control the message and the medium of exchange - both ironically controlled by "the press". We are gaining traction by blogging the message while CNBC viewership is down 28%. Audit the Fed is progressing and is but the start.
The secret and riddle is this: all control is in the hands of the "press", both media and the printing press (heirarchial information & money control). Deliver the power of the "press" (both information & money) to the people, and they will no longer be slaves and those that control both money and media stop being your masters.
If you want to be free, you must destroy both. Stop listening to the MSM and do not support any business associated with the printing press. Perhaps Obama will turn populist and emancipate humanity from their clutches - Black, White, Brown, & Yellow (purposely divided so that we don't work together) free people could hold hands around a beer and sing "Free at last! Free at last! Thank God Almighty we are free at last!"
Or he can choose to be a puppet and deliver the populace into their grip, strengthen centralized power of the printing press (new regulatory fed powers), crack down on dissident voices (new fairness rules to shut down opposition), buy votes (GM union), and go down in history as Hopeless Change we can't believe in.
I'm telling you the truth, not everyone wants to hear it. Benjamin Franklin said, "He that would live in peace and at ease must not speak all he knows or all he sees." I've said too much already.
Down with the "Press" let them be symbols of oppression (Printing Press).
"this is causing a great awakening and desperation for elites and the current "MSM" that want to control the message"
Only because this very slightly challenges their past 100% control of the message. Trouble is, 90% of US citizens are too "educationally challenged," apathetic or both to pay attention to the correct information and the extended analysis of it that is coming from (some) blogs (like this one). They rely on the spoon-fed baby food from the MSM in the half hour they spend watching TeeVee news before they turn over for the rest of the evening to some brain-dead bread and circus TeeVee entertainment. Even those who watch a lot of "news" still get it mostly from the _garbage_ 24 hour "news" and financial channels.
The revolution in information sources will take many more years to be a real threat to them. By then, we'll be even more of a corporate police state.
educationally challenged. it seems our entire country walks around in a constant food coma.
While I share some of your concerns and know that soy, flouride, aspartame, hydrogenated oils, high fructose corn syrup, and anti-depressants can also subdue the masses, understand that there is a tipping point. Remember that in the 2008 campaign, roughly 1/3 of eligible voters voted for the winner. That means that 2/3 of eligible voters and roughly 3/4 of all Americans (the vast majority) did not buy in or vote for the winner. These individuals are waiting for a movement to believe in.
The fact that the winner tapped into the general mood of wanting Hope & Change suggests that this is still the dominating public mood - since it was an empty campaign promise. This suggests there is still a pent up market demand for hope & change provided the populace does not slip into robotic apathy. How do we reach these individuals - might we need an alternative national broadcasting company? Could bloggers and other alternative media get together to provide a streamlined alternative perspective delivered to the box? Can we get anonymous insiders to share the dirt with T.D.?
Listen to Gordon Brown's statement again, bloggers are changing the world. Look what ZeroHedge did to bring attention to flash trading and dark pools. CNBC reporters are squeeling like school girls at their ratings plunge. We can change the world, as long as we believe it - that's what they fear and why they continually troll these sights to discourage the effort through negative statements and fear.
I'll second that!
And since no one else will say it, I will: "Obama has become another LAME DUCK president!
what's with all of the fun noodles beside the door?
At least he'll save on printer cartridges. Those are expensive
Maybe we should all forward this to: email@example.com
We are fucked. I plan to live free till they ask me to wear a badge.
Man, that guy would be really cranked if he saw these:
Think he'll be invited to the white house for a beer?
Ok, what do you think, high school star or softball beer drinker? He's got the form of a decent swing.
That was hilarious and he can really play ball. Great swing from both sides and apparently he can hit for power as well as solid contact. No weaknesses.
He would be a great addition to Kudlow. He's feeling my pain. This aint over yet. Goldman financed rally or should I say government. Oh yes, that is redundant.
GOLDMAN's 97% SUCCESS RATE JUST NOT PROBABLE.....
Iam being tangential here, but I wrote last quarter that Goldman Sachs only lost money on their trading desk 8 days out of the entire quarter. I said that is like a baseball player hitting .600 plus for 3 months... maybe mathmetically possible, but not probable.
Well they bettered that this quarter - Bloomberg reports in the SEC filings that Goldman only lost money on 2 days out the entire quarter. So they are now hitting something like .900 for 3 months in baseball terms. Folks, there are 13 weeks a quarter, with generally 5 weekdays. That is 65 days. They made money 63 days. That's a 97% win percentage. I know they are the "smartest guys" in the room, but no one does that. No one. Are the folks over at Morgan Stanely complete idiots? They can't even get close to these figures.
Goldman Sachs made more than $100 million in trading revenue on a record 46 separate days during the second quarter, or 71 percent of the time, breaking the previous high of 34 days in the prior three months.
Trading losses occurred on two days during the months of April, May and June, down from eight in the first quarter, the New York-based bank said today in a filing with the U.S. Securities and Exchange Commission. The company made at least $50 million on 58 of the 65 trading days during the quarter, or 89 percent of the time.
New York Stock Exchange statistics show that Goldman Sachs is the most active member firm by volume of shares traded by “program trading,” or computer-assisted trading. In the latest period posted on the NYSE’s Web site, July 20-24, Goldman Sachs and its subsidiaries traded 924.8 million shares, roughly double the 463.7 million traded by its nearest competitor in the week, Morgan Stanley.
I am not so concerned with the money - $50M or $100M each day is irrelevant ... the more you risk (with taxpayer backstop) the more you can make. The winning percentage is what gets me... it's simply impossible. For those who argue they have the best risk management - kudos. That still does not get you a 97% win ratio. Goldman has tons of traders, some win - some lose each day. There is no way they are ALL hitting on cylinders. What this data tells me is they have a daily cash machine running by being ahead of regulators.
Why do I say that? Look at the High Frequency Trading - it is like doping that goes on in athletics. The financial firms are always ahead of the regulators. Markopolos says the SEC is full of attorneys ... no offense to attorneys, but to actually regulate brilliant profit driven financial people who are smarter than you, you need to have brilliant people with deep financial acumen who understand how the (dark parts) of the markets work. Not attorneys - frankly you need turncoats from inside these firms you try to regulate - but due to the pay scale you will never get them. So the technology is way ahead of the regulators, even if the regulators were not already captured in our financial oligarch system. Goldman says it themselves when they tried to explain to clients that "hey only 1% of our revenue is HFT!"
“The most significant challenge ahead is for the regulatory framework to keep current with the rapid pace of innovation in the marketplace.”
That should send a chill down your back. From Goldman's own mouth - they say to the world: look - it is not our fault the regulators are behind the times. And we're certainly not going to tell them about our innovations or how we make money - we're a big black box; we just make money. Period. Until they (the regulators) catch up, we will have this sandbox and do as we please. By the time they (the regulators) ban what we are doing now, we'll have innovated to the next step of getting around the regulators.
I don't know what you mean by 'smartest guys'. I think the translation of that in the real world is 'uber cons'. Do these guys make any products that a person can use ? Do they impact the GDP ? Do these 'uber cons' (sorry 'smartest guys') do anything to provide jobs to America ?
Hey dewd, haven't you been listening to Max Keiser? A few weeks ago he said Goldman was stealing 100 million a day by front running the market.
I bet with a little research we can figure which are the two days they lost money trading on and also the reason why.
Maybe those two days were the same days when they realized that part of their code was sitting somewhere on a server in Germany?
nice to see you here JanB
GET THE MESSAGE AMERICA?????
This is how PISSED OFF we are all going to have to get and take to the damn streets en masse.
I am starting to realize that anything LESS will never get their attention. period, end of story.
damnit, dude, we got the message.
You've got to say, 'I'm a HUMAN BEING, Goddamnit! My life has VALUE!' So I want you to get up now. I want all of you to get up out of your chairs. I want you to get up right now and go to the window. Open it, and stick your head out, and yell, 'I'M AS MAD AS HELL, AND I'M NOT GOING TO TAKE THIS ANYMORE!' I want you to get up right now, sit up, go to your windows, open them and stick your head out and yell - 'I'm as mad as hell and I'm not going to take this anymore!' Things have got to change. But first, you've gotta get mad!... You've got to say, 'I'm as mad as hell, and I'm not going to take this anymore!' Then we'll figure out what to do about the depression and the inflation and the oil crisis.
I can feel your anger... it gives you focus, it makes you stronger! Chancellor Palpatine
Anger, fear, aggression... the dark side are they. Once you start down the dark path, forever will it dominate your destiny. Fear is the path to the Dark Side. Fear leads to anger; anger leads to hate; hate leads to suffering. Train yourself to let go of everything you fear to lose. Yoda
The capstone of the pyramid is extremely well organized internationally, we have the advantage of numbers but are not organized. We need to focus our anger, our energy, our time, and money on overcoming bondage without destroying ourselves in the process. Those who control the media and money interests own both political parties and are your nemesis, oppressors, and current masters. What could you do today, tomorrow, and next week to weaken this two headed monster? This begins with personal responsibility, know your enemy and lash out only at your enemy where he is weakest.
I am personally boycotting these groups and businesses associated with them. Spend your money locally with honest businesses. Work to enforce the constitutions requirement for congress to be responsible for the issuance of currency (end the Fed). Pull your money out of WallStreet, how many stories do you need of the many and varied ways that they steal money from the masses? Vote for someone not from one of the two owned parties, avoid CFR related companies (eisenhower's military industrial comlex).
Does anyone else have any other ideas of how we can work together to eat m&m's (media monopolists & money changers)? The printer is great for venting, but we need to focus on our opponent (it is a multi-headed corporation) and need a plan.
And how exactly do we do that? Merger mania, led by financial deregulation, a co-opted SEC and the wholesale abandonment of anti-trust laws have led to a situation where NEXT TO NOTHING IS MADE HERE ANYMORE. Like the guy in this video, I also own a digital camera thingie that can also take videos. It's a GE. But of course, it wasn't made here... the "Made in America" badge most likely means "Made in American Samoa by Sweatshop Labor Without Minimum Wage Protection" so that is also meaningless. There is basically nowhere I can go to get something that was not made in China or India.
We need more baseball wielding lunatics thinking like this guy does, and we need them NOW. We need them to come en masse to those town hall meetings and drown out the stupid teabaggers and everyone else who is not talking about the REAL PROBLEM - FINANCIAL CRIMINALS WHO HAVE SEIZED STATE POWER.
Please forward us a list of companies who are NOT related to the CFR or the kleptocracy in some way. Sure, some things I can buy locally but not most things, certainly not technological items. And that is the very crux of the problem.
sry, this reply was mine, I forgot to log in....
OK, you had a suggestion - buy made in USA products, and I agree, local then USA where we can find it. I find when there is a choice, like produce in my grocery store, I will choose USA over produce from Mexico.
If we can't find a product made in USA, perhaps savings would be a more appropriate use for our money.
This is a list of the CFR corporate members as of August 6, 2009, these are the globalists:
(as of August 06, 2009)
Bank of America / Merrill Lynch & Co., Inc. Exxon Mobil Corporation Goldman Sachs Group, Inc. Hess Corporation McKinsey & Company, Inc. The Nasdaq OMX Group
American Express Company Barclays Capital Bennett Jones LLP BP p.l.c. Bridgewater Associates, Inc. CA Chevron Corporation Citi Credit Suisse Eni S.p.A. Fortress Investment Group LLC Guardsmark LLC Investcorp International, Inc. Kingdon Capital Management Kohlberg Kravis Roberts & Co. Korn/Ferry International Lazard Lockheed Martin Corporation Mars, Inc. McGraw-Hill Companies, The Moody's Investors Service Morgan Stanley New Media Investments Nike, Inc. Reliance Industries Limited Rio Tinto Rockefeller Group International, Inc. Rohatyn Group, The Soros Fund Management Standard Chartered Bank Strategic Real Estate Advisors Toyota Motor North America, Inc. UBS Veritas Capital LLC Weiss Multi-Strategy Advisors, LLC
Access Industries, Inc. ACE Limited AEA Investors Inc. Alcoa, Inc. Allied World Assurance Company, Ltd. Apollo Management, LP ARAMARK Corporation Aramco Services Company Archer Daniels Midland Company AREVA Inc. Arnhold and S. Bleichroeder Holdings, Inc. Arnold & Porter LLP Baker Capital Corp. Baker, Nye Advisers, Inc. Baldwin-Gottschalk Group, The Banco Mercantil Bank of New York Mellon Corporation, The BASF Corporation BGR International Blackstone Group L.P., The Bloomberg BNP Paribas Boeing Company, The Booz & Co. Booz Allen Hamilton Inc. Bunge Limited CALYON Corporate and Investment Bank Canadian Imperial Bank of Commerce Canon, Inc. Caxton Associates Chrysler LLC Cisneros Group of Companies CIT Group Inc. Clarium CNA Corporation, The Coca-Cola Company, The ConocoPhillips Company Continental Properties Corsair Capital Covington & Burling Craig Drill Capital Corporation Dalberg Global Development Advisors De Beers Deere & Company Deloitte Deutsche Bank AG Duke Energy Corporation DynCorp International Enel North America Energy Intelligence Group, Inc. Equinox Partners, L.P. Estee Lauder Companies Inc. Federal Express Corporation Ford Motor Company Freeport-McMoRan Copper and Gold Inc. Future Pipe Industries, Inc. General Atlantic LLC General Electric Company Gibson Dunn & Crutcher, LLP GlaxoSmithKline Google, Inc. Granite Associates LP Greenberg Traurig, LLP Hitachi, Ltd. Houlihan Lokey Howard & Zukin IBM Corporation Indus Capital Partners, LLC InsCap Management, LLC Invus Group, LLC J.E. Robert Companies Jacobs Asset Management, LLC JPMorgan Chase & Co Kailix Investment Advisors KBR Kometal GMBH Austria Kuwait Petroleum Corporation MacAndrews & Forbes Holdings Inc. Mannheim LLC Marathon Oil Company Mark Partners Marsh & McLennan Companies, Inc. Marubeni America Corporation MBIA Insurance Corporation MeadWestvaco Corporation Medley Capital Medley Global Advisors Merck & Co., Inc. Milbank, Tweed, Hadley & McCloy LLP Mitsubishi Heavy Industries America, Inc. Mitsubishi International Corporation Mitsui USA Foundation Moore Capital Management LLC Morgan, Lewis & Bockius LLP Munich Re America Corporation National Interest Security Company New York Life International, Inc. News Corporation, The NYSE Euronext Occidental Petroleum Corporation Olayan Group, The PepsiCo, Inc. Peter Kimmelman Asset Management LLC Pfizer Inc. Pillsbury Winthrop Shaw Pittman LLP Principal Financial Group Prudential Life Insurance Co. Raytheon Company Resource Holdings, Ltd. Rho Capital Partners Rothschild North America, Inc. Sandalwood Securities, Inc. Shell Oil Company Silver Lake Partners Simpson Thacher & Bartlett LLP Sony Corporation of America Standard & Poor's Starwood Capital Group Sullivan & Cromwell LLP Tata Group, The Time Warner Inc. Tishman Speyer Properties, Inc. TOTAL S.A. U.S. Chamber of Commerce United Technologies Corporation Verizon Communications Inc. Visa Inc. Volkswagen of America, Inc. Vornado Realty Trust Warburg Pincus LLC Wyoming Investment Corporation Xerox Corporation Zephyr Management, L.P. Ziff Brothers Investments LLC
AARP Airbus North America Baker & Hostetler LLP Banca d'Italia Cleary Gottlieb Steen & Hamilton LLP Control Risks Group Debevoise & Plimpton LLP French-American Chamber of Commerce Hemispheric Partners Idemitsu Apollo Corporation Intellispace, Inc. Intesa Sanpaolo Japan Bank for International Cooperation JETRO New York Joukowsky Family Foundation Oxford Analytica Inc. Turkish Industrialists' and Businessmen's Association Weber Shandwick Worldwide
Not exactly, I said that made in USA usually means made in American Samoa by sweatshop workers with no minimum wage protections.
And you kind of proved my point there: what you just gave us is a list of pretty much every one and every thing, all the institutions that define our lives and our economic environment. If we DON'T do business with them, then WHO IS LEFT?!?!
Not necessarily, many states have manufacturing. There are many companies that are not on this list, there are many competitors for the services these companies provide. Although this list looks large, there are hundreds of large companies not on the list. Your broad generalization is like saying I can give you "millions" of reasons you should take personal responsibility for purchasing decisions.
You could just give up and suck your thumb, but a pirate wouldn't do that.
Hudson: That's it man, game over man, game over! What the fuck are we gonna do now? What are we gonna do?
Burke: Maybe we could build a fire, sing a couple of songs, huh? Why don't we try that?
I LOVE THAT MOVIE!!! OMFG!!!
Here's an even better Aliens quote:
Ripley, to Burke after he locks her in with a facehugger - "I don't know who's worse, us or them. You don't see the aliens killing each other over a goddamned percentage!"
Hudson, same scene - "I vote we waste this ratfuck sonofabotch right now!"
Smiles, Smiles Everyone....
Underwater’ Mortgages to Hit 48%, Deutsche Bank Says
By Jody Shenn
Aug. 5 (Bloomberg) -- Almost half of U.S. homeowners with a mortgage are likely to owe more than their properties are worth before the housing recession ends, Deutsche Bank AG said.
The percentage of “underwater” loans may rise to 48 percent, or 25 million homes, as prices drop through the first quarter of 2011, Karen Weaver and Ying Shen, analysts in New York at Deutsche Bank, wrote in a report today.
As of March 31, the share of homes mortgaged for more than their value was 26 percent, or about 14 million properties, according to Deutsche Bank. Further deterioration will depress consumer spending and boost defaults by borrowers who face unemployment, divorce, disability or other financial challenges, the securitization analysts said.
“Borrowers may also ‘ruthlessly’ or strategically default even without such life events,” they wrote.
This guy kicks A$$$$$$! Put him in a room with Bernanke and Paulson and let the games begin!
Just so all your readers know. Although the profits may leave the country, a Toyota Camry has more American content than your Ford Focus or Chevy Geo and they are hard-working NON-UNION autoworkers that build them
I consciously avoid GM and Chrysller.
DO you have a link to this. I know Honda has some pretty good sized production here too.
Either way, beats the shit out of my 36k mile Chevy transmission going boom with its soft metal CHinese parts.
I will be a GM owner when the government forces the keys INTO my cold dead hands.
Warren Buffet's Betrayal
Can't be said any better.... pathetic state of affairs
another fairy tale exposed and discredited.
Is that any more pathetic than this blog, a cheap ripoff of capitalstool who was doing it long before Durden was fired for incompetence by his last employer.
TD was told at his last place om employ, that if he mentioned VWAP one more time he would be let go. He was able to keep his trap shut for 3 days and then he blurted out some shit about VWAP was being manipulated and reverted to.
Next day he was gone, and he started this blog.
Buffett didn't even say goodbye
sure it did ...
0k dude, since i have had it enough with you Anon fuckers, i will call your bluff and i will raise you. Ok, since you know who TD is, and where he worked, come on, let us know his name, his employer and where he lives ... common tough guy ... you either got balls, or you got shit ...
EDIT: and if your little story is actually true, TD will gain even more respect with me, considering he stood up and pointed to a blatantly manipulated market segment ..
lol, nothing anon about you , now is there.
Is bastard the family name, and who was cheeky, an great aunt?
i called your bluff, and you have proven you are a spineless little bitch who can talk the talk but doesn't have the balls to walk the walk ... and its not ZH fault your little link aggregating site has no goddamn traffic or content which could bring readers ... now fuck off, you little child ... and stop trolling you worthless piece of shit ..
It's okay, I'm sure Tyler already has this fool's ip address, all he need do now is hand it over to the baseball-bat wielding legions that are forming even as we speak...
dude, trust me when i say that i would jump on the first plane flying to the Sates just to participate in that ..
And I would pay for your plane ticket too, and give you the baseball bat, if Goldman had left me with anything resembling an income...
MORE BLOOD!!! MORE BLOOD!!! MORE BLOOD!!!
Only Blood Conquers Money
<WHACK!> (smashes anon in the face with a baseball bat)
This man should be a contributor, with permission to upload hi-def 16:9 flv's.
Louisville 35" >>> gotta get me one of those for my portfolio!
Sorry to be a dud, but I've had enough of this guy.
the man deserves an oscar.
What he deserves is a Presidential Medal of Freedom, the only reason he shouldn't get a CMH is because he isn't acting on behalf of the military...
Tyler if you are this man then I promise I will think twice as greatly of you as I do at the moment.
The man deserves MVP- he has a great swing.
You broke your fax machine. Now the government won't be able to fax you food stamps when we reach 40 percent unemployment.
I love this guy so much, I'm going to track him down and give him tons of link love right fracking now... This guy is exactly and precisely what we need, a pure and untainted expression of the rage of the average man at the destruction of his livelyhood, his family, his very life at the hands of these criminal vampires... ohhhh, the bloody market is rallying... everybody over at CNBC is doing their usual ass-licking for their sponsors and intentionally confusing the bloody stupid STOCK MARKET for the ECONOMY, of which we HAVE NONE ANY MORE. FUCK THE STOCK MARKET. THE STOCK MARKET DOES NOT EMPLOY ME, IT EMPLOYS THE CHINESE AND THAT DOESN'T HELP ME.
More blood!!! More blood!!! More blood!!!
Cool, it's up at my site now along with a suggestion for how to deal with those stupid teabaggers, you know the astroturfing idiots that the insurance companies just funded with bailout money to disrupt town hall meetings and make it look like people don't want public health care when they really do? Seriously, for as much as we just paid Wall Street we could have funded Obamacare like ten times over or something...
These people really piss me off, and I hope Tyler doesn't mind me posting this link...
I'm trying to get a hold of this guy, too. He's a genius and he's telling it like it is.
Re: the "More Blood!!!" thing:
I just got done watching the Watchmen animation thingie, Tales of the Black Freighter and it kinda stuck with me...
Too many throw up their hands and think there's nothing we can do but they're wrong.
Stop being a fucking consumer - that's the number one way that Americans are referred to these days. Buy from local small business people. Stay away from the big stores. Stop buying plastic junk and all the rest of the hyped up horseshit you don't need.
Take any money you have out of the big banks - checking accounts, savings, all of it. We're loaning them money at 1% and less. We finance our own fucking. Starve them instead. Take away your money.
If you're insolvent bankrupt the debt. Make Chase and all the rest bagholders of unsecured debt. You don't need a fucking credit rating. You don't need a bigger house or a new car every two years.
This is about getting our money in a number of ways. Without it they'll suffer. We only have to stop giving it to them.
wallstreetpro really has do an episode where he trashes a gas guzzling clunker trade-in.
Great swing too.
I nominate this guy for the next Czar of Communication. He gets his point across in a way I can understand. Of course, he will stand out as a lone Czar with a backbone, not a clone.
Probably the most intelligent maniac you'll see in awhile. Asylums are filled with people like this. He's got a good swing though.
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