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Ben and Jon - BKTV
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Yeah, I like BKTV!
...Even that rant from you a month ago (tax and foreigners) would have not been so bad.
I want to know who let you into my vault!
Dammit!
gh
http://www.detnews.com/article/20110425/BIZ04/104250407/1361/Apple-sued-over-iPhone--iPad-tracking-accusations
How about the important questions like, "When can I expect to find an iPad2"
Like you never knew
In Amerika; iPad's find you...
The embedded reporter is nothing new. Such a relationship doesn't always mean the reporter is in the pocket of the politician. Bob Novak was often handed a line from the Bush WH, and he outed Valerie Plame, but he could also criticize them, albiet never from a partisan point of view. Dick Cheney had a short list of reporters he called when he wanted to get some item out. It was just after 9/11 that WH reporters were required to have security clearances. Think about that for a moment. If you dont' repeat the administrations message they pull your ticket and you sit in Toledo waiting for the news to come in on the AP wire. This a watershed moment when the media was forced to repeat the WH position, as it was reported to them. The Jeff Gannon incident was the administrations way of sticking their boot on the throat of reporters. Look at all you, you have to cry and beg to get in here, and our man just walked in the door with no papers whatsoever.
They were also forced to accept WH camera coverage of certain events. This gave the WH not only control over content, but control over the images which express that content. I study these things, the media coverage you receive of any President is carefully choreographed, including their campaign conventions. (The coverage of Barack Obama's campaign was some of the most biased imagery I have seen. Yet somehow he managed to win, partially because people don't pay that much attention, ignorance is bliss in these matters, and secondly he represented change, but was forced to answer a higher call once he won the election. And he was elected in November, and the Bush people still had three months to conduct their scortched earth policy)
There was also a watershed period where Bush travelled the country with no media to accompany him, (and occasionally without informing the media that he would not be in the WH) whenever he went to private fundraisers. The media's role then is vastly diminished, if you notice the evening news scarcely has any. Increasingly only the old men who are hanging around (Like Schiefer or Reed) for retirement get called to sit while the anchor is on assignment.
Editorial policy is news policy, ask Rupert Murdoch. The future of media is like the future of the dollar, you can destroy confidence in something for only so long before you lose your audience. The dollar economy is currently the only play on Broadway, but that changes, especially at the margins, where barter, and gold, and handshake agreements replace cash, or credit transactions. But you already see that, durable goods makers willing to lend 100% of the price at 0% interest. The point of endless ZIRP is that the Fed is killing itself slowly, to what end? Jon will probably be a Presidents Press Secretary some day.
Cripes, I was expecting Burger King TV and I got this instead.
Blah, blah, blah. More talking heads talking nonsense about nothing that really matters.
Food I will get with my SNAP card, and who needs gas when I don't have a job to go to any more?
How about the important questions like, "When can I expect to find an iPad2 on my local store shelves???" Now that is important enough for me to plan whether or not I am going to pay my mortgage this month.
So, QE2 ends and it's no biggie for the markets? Well, that is a contrarian view. ZIRP holds them up? Hmmm... we had ZIRP last August when Ben had to announce QE2 because QE lite wasn't working and markets were tanking. We'll see soon enough.
So what's going to happen?
If BB stops buying Treasuries, won't interest rates rise?
Aren't rising rates bad for gold and stocks?
So what's the plan?
Let rates rise 75 basis points, stocks & gold fall, and the USD rise
then start QE3 to stop the rising rates.
I think on the "offical" anouncement of QE ending short T-rates will rise across the board, as investors dump and perhaps choose to buy back at a better price (if the choose to buy back).
I doubt this will be the end of QE. its likely with gov't borrowing $1.5+ Trillion per year, plus another $3 to $4 Trillion of maturing debt that needs to be rolled over that rates will rise substantially without QE. The Fed will be back buying new debt. Unless they intend go behind closed doors to buy US treasuries. There simply is no way that gov't can borrow the vast quantities without moneterization via QE. Between QE1 and QE2 was QE-lite, I suspect we will see QE2-Lite in June.
Bruce,
I always liked your articles... your videos are even better.
Keep em coming.
Good stuff.
Igor Nikolaevich Panarin.
When Texas and a few others in the south say "FUCK YOU" to Illinois, New York, California, Washington et al is not an "if" but a "when" scenario.
The sooner the better.
That sounds OK to me. What Texas does is Texas's business. I think it would be an interesting social experiment.
Holy Flyin Satanic Witch Bennys Batman,
Mr B-zooka you hit it on the head with the wave 3, Me bein a ship captin, Me know of all folks how u hit wave head on into its beam. Cause if a wave beams your ass, its upsy daisy matey.
Ben Burn the shit outta all the po fukin Yankis. is a tard and if I could I'd cut him for bait. Sept he would make the sharks puke.
What a dick head mofo.
O sorry bout the french, but me namesake is especially viale and contemptable around Moir Misseur et Madams!
O Alea Iacta Est
You up on my radar as a 12 year old poker from Is-ray-hell, no mon sewer?
Surely not EW calling the top? Hard to believe. Literally.
The contempt for the Fed has been increasing; e.g. "Chair Satan" being the best indicator.
I believe this contempt will soon become outright rage and blame for the upcoming turn in equities.
Why? Neither the Fed nor government is stronger than the markets and thus they have no control when market goes against them....and it will.
Once the turn happens, I believe it will be left translated..very swift as it would be Wave 3 down at Primary level. I don't know exactly when, but EW shows a peek around the corner and since we are completing wave C of an ABC correction since March 09...we are at the cusp of this turn.
The terminus of the current wave C is dead ahead.
yeeessss. evil Wall Street will shake their fist at evil Ben for "all that free money" he gave them and "how not even THAT worked."
Well DAYAM! In that case, everyone needs to remember to re-calibrate their Klystron Modulators and set their Flux Capacitors for 89.
Just saying, better safe than sorry.
what happened to Jerry?
It's "Jon"
Like the title says, Jon..............
tks t
I'm confused. So, is it Jon or Jon?
it's "Jon" just like TD said.
which of the Jon's is on first base?
Jon is on all of the bases. "John", however, is a figment of Tyler's imagination.....
It's Jon, as you know.
But the last name is Hilsenrat.
He's used and abused like a dirty pair of woman's underwear by The Bernank...and The William 'let them eat iPad2' Dudley.
ZIRP will continue as long as The Bernank has control over the aggregate holdings of the Federal Reserve and their relationship to inevitable true market forces...which may not be as long as some seem to think possible.
All your bases are belong to Jon?
Wasn't it Jon all along?