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Cost Of Green Close = $9 Billion Of Incremental Debt

Tyler Durden's picture




The S&P is now green on no news at all. However as Rick Santelli points out, $9 billion of debt was monetized by the Fed today and this is money used by the primary dealers to levitate stocks to a green close. Surely a double POMO day resulting in a red close would have been a massive slap in the face to the only trading desk that actually trades anymore (that situated at Liberty 33 for the cheap seats). In other words, a complete reversal from the day's low has cost US taxpayers only $9 billion in future debt that will never be repaid. To everyone involved it seems like a perfectly fair squid pro quo.




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Mon, 11/29/2010 - 16:29 | Link to Comment goldmiddelfinger
goldmiddelfinger's picture

The POMO swing. Now watch this pager fly:

http://www.youtube.com/watch?v=H9m3GyDh6M8

Mon, 11/29/2010 - 16:32 | Link to Comment unwashedmass
unwashedmass's picture

you know what i find hilarious about you vehemently anti-Obama people is the fact that you seem to think he's running anything.

And overlook the fact that George Bush gave the country away and was deposed by the financial institutions in 8/08.

its hysterical watching you ram on O....like he's in charge? Hello?

Mon, 11/29/2010 - 16:35 | Link to Comment goldmiddelfinger
goldmiddelfinger's picture

If he's not in charge who is? Biden ? LOL

Mon, 11/29/2010 - 16:36 | Link to Comment EscapeKey
EscapeKey's picture

I agree, it's stupid. Obama is a teleprompter reader. Elephants and Donkeys are nothing but puppets on hands of the same person.

Mon, 11/29/2010 - 16:38 | Link to Comment goldmiddelfinger
goldmiddelfinger's picture

You must glory in the magnificence of Soros.

Mon, 11/29/2010 - 16:41 | Link to Comment unwashedmass
unwashedmass's picture

 

and i also enjoy your complete ignorance on soros and what he's all about.....if you bothered to read anything about him, or listen to anything other than fox's continued villianizing, you'd have a very different opinion....being as you are here and actively trading....

but, that's Fox's goal -- keep 'em dumb, keep 'em hating anyone that might be rockin' the corporatocracy's boat....

you're doing a great job being a happy little peasant, gold, following rupert's lead and hating soros.

Mon, 11/29/2010 - 16:43 | Link to Comment goldmiddelfinger
goldmiddelfinger's picture

I don't watch fox

Mon, 11/29/2010 - 16:44 | Link to Comment unwashedmass
unwashedmass's picture

 

yeah. right. we can tell.

Mon, 11/29/2010 - 19:02 | Link to Comment JonNadler
JonNadler's picture

Soros is my friend because he lies about gold ALL the time, am buying am dumping...it's in a bubble, ...wait I'll buy it anyway...wait I sold it all...I never had any... I will sell if it goes up to 1500. Keep up the good work Georgi and take that unwashed with you, go watch some Fox news with her

Mon, 11/29/2010 - 16:55 | Link to Comment Gene Parmesan
Gene Parmesan's picture

So what's your view of Soros? Let's have it already!

Mon, 11/29/2010 - 17:22 | Link to Comment Bear
Bear's picture

It never ceases to amaze me that Left-Leaners instantly resort to calling anyone who may disagree with their point of view as a hater or a dummy ... never facing standing for rational argument but rather taking the simpler ad hominem route. Soros was responsible for crushing the British Pound for no other reason than to line his pockets at the expense of western democracies. He is a socialist who wishes to remake the world in that image, and as we are seeing by watching the implosion of the Euro zone ... this paradigm does not work very well.

Mon, 11/29/2010 - 17:47 | Link to Comment unwashedmass
unwashedmass's picture

then, as now, Bear, there were differences of opinion as to the take down of the pound. like all good traders, soros took advantage of a horrendous crowd of government managers. will you also villainize the man/woman who capitalizes on Ben's idiocy? I think not....

that said, i understand -- and as a former marketer, marvel at -- rupert's powers....soros is the named villain. keeps you from even thinking about Jamie or Lloyd or Hank...

which is the point. entirely the point.

Mon, 11/29/2010 - 17:50 | Link to Comment NotApplicable
NotApplicable's picture

You've got the pecking order upside-down. Those men are minions of the Soros level elite.

Mon, 11/29/2010 - 17:52 | Link to Comment unwashedmass
unwashedmass's picture

 

oh, please, grow up. Soros is a bit player next to those who rule at Chase and Goldman.

Mon, 11/29/2010 - 18:46 | Link to Comment New_Meat
New_Meat's picture

Troll Alert Warning Light is lit!

Mon, 11/29/2010 - 18:02 | Link to Comment Bear
Bear's picture

Mr. (or Ms.) Unwashed ... Dimon, Blankfein, and Paulson(s) would definitely be at the top of my list of the demons of the day. I think unmitigated greed from any quarter is wrong. The individuals that you mention rely on the American taxpayer as a funding source and backstop for all of their greed. This being said, I believe that Soros' intent went well beyond simple greed to a more nefarious plot to injure the UK and thus it's people.

Mon, 11/29/2010 - 17:48 | Link to Comment NotApplicable
NotApplicable's picture

But... but... Soros!

I find it strange that some lefties believe that billionaires actually embrace so-called egalitarian socialism (or whatever the flavor du jour is), which would take away all of their riches.

But hey, it's politics, so incoherent fantasies are all that's available.

Mon, 11/29/2010 - 17:54 | Link to Comment unwashedmass
unwashedmass's picture

 

and it astounds me that some righty wingnuts can be so dense about who is actually running the game. and seem to have no sense whatsoever of the personal dynamics at work.

Wall Street doesn't like Soros.....he's outside their sphere of influence...he's a competing influence....and like Bear and Lehman, they want to eliminate him. He is a threat to the total domination of the major banks.

Mon, 11/29/2010 - 19:04 | Link to Comment JonNadler
JonNadler's picture

Ma'am you still drinking the left/right wing kool aid? You really know what's happening huh?

Mon, 11/29/2010 - 18:33 | Link to Comment dnarby
dnarby's picture

Let's not forget Thailand or Malaysia.

He is a billionaire who made his money manipulating currencies.  But if his politics are the same as yours, that makes it OK.

Mon, 11/29/2010 - 19:03 | Link to Comment New_Meat
New_Meat's picture

Bear, us animals need to stick together!

"It never ceases to amaze me that Left-Leaners instantly resort to calling..."

Be amazed no longer: we all remember Hillary's "Vast Right Wing Conspiracy" (as though they can get out of their own way) and "Politics of Personal Destruction."

Be amazed no longer: "Rules ..." discusses those politics in detail, e.g.

http://www.abebooks.com/servlet/BookDetailsPL?bi=3807421615&searchurl=an...

But earlier:

http://www.abebooks.com/servlet/BookDetailsPL?bi=3773209842&searchurl=an...

and Lackoff has some gems that we are hearing:

http://www.abebooks.com/servlet/BookDetailsPL?bi=3588093796&searchurl=an...

and

http://www.abebooks.com/servlet/BookDetailsPL?bi=3537813984&searchurl=an...

I refer to ABEbooks because one can pick any seller.  No commercial interest (but how does anyone know?).

- Ned

(p.s. It almost feels like Belichick when he said "I was just videotaping" and the LEAGUE said "You're cheating.")

(p.p.s. Paradigm = "Structure of Scientific Revolutions") and yes, I think this is a shift-event.  Rousseau or Paine, or ...

http://www.abebooks.com/servlet/BookDetailsPL?bi=1628711046&searchurl=an...

 

Mon, 11/29/2010 - 19:18 | Link to Comment Bear
Bear's picture

As a Bear, I prefer not to be classified as 'New_Meat'. But your literary references above are well chosen. It is most interesting when the Liberals are fighting one another. It's like a food fight at Ritz.

Mon, 11/29/2010 - 19:48 | Link to Comment New_Meat
New_Meat's picture

lmao, no Sir, I did not classify you as New_Meat--that is me in this forum.  handle reminds me every day that, well, we are all in danger.

There is this guy, Rusty something who wants to show me his smokehouse ;-)

But I think the purge (SA/SS, VietCong/NVA-Tet, Lenin/Trotsky, Stalin/whole slew of generals, 2010 DNC "results" and Nancy's party (as in celebration):

http://www.politico.com/news/stories/1110/44753.html

They be still workin'

- Ned

 

Mon, 11/29/2010 - 18:10 | Link to Comment HL Shancken
HL Shancken's picture

The case of George Soros

Early life

George Soros was born in Hungary on August 12, 1930. According to his biography Soros was taught Esperanto language by his father who was a lawyer and doctor. It is important to notice that according to some sources Tivandar Soros [alias Teodoro Schwartz alias Teo Melas (search)] was a POW in Bolshevik Gulag in Siberia after the 1917 October Revolution as he probably somewhat participated in the opposition, but the sources are unclear about that. [Of course this would open a possibility to recruit such people - and cases have been known......]

George Soros as a young man traded currencies on the black market during the Nazi occupation of Hungary. Soros lived there until 1946 when he left the country as it was under the Soviet occupation and he, without money and at age of 16, ended up in London, U.K. in 1947. According to claims Soros has made, he left his native Hungary because of the Soviet occupation.

Well, well, well .......

To be Continued...

http://thefinalphaseforum.invisionzone.com/index.php?showtopic=44

Mon, 11/29/2010 - 16:40 | Link to Comment Ratscam
Ratscam's picture

every circus has a director!

every clown has a boss or layers of them!

Follow the money trail and you'll find the top dogs!

Mon, 11/29/2010 - 16:43 | Link to Comment unwashedmass
unwashedmass's picture

 

exactly....this guy thinks he's a sparkling wit suggesting Biden is in charge. Clearly, clueless as to what a coup is....and who is in charge afterwards.

it was a coup BY THE BANKS, gold....and they are I-N-C-H-A-R-G-E. they did coup. they won. they rule. that's how coups work. look it up on Wikipedia.

Mon, 11/29/2010 - 16:53 | Link to Comment earnyermoney
earnyermoney's picture

Soros is part of the coup. Obama is a ventriloquist dummy. Look closelyand you'll see George's hand up his ass moving his lips.

Mon, 11/29/2010 - 17:23 | Link to Comment unwashedmass
unwashedmass's picture

 

excuse me, but soros is not part of the "gang"....he's not exactly a friend of Wall Street, or governments ....'member this is the guy who broke the bank of England. (I know, you gotta read a book to know that...sorry)....

Soros is not in the "in-crowd"...Rupert wants you to believe he is. God knows, Jamie and Lloyd want you to hate George and not them. But Soros is not in the in crowd. Far from it, they hate him....

Not that you are ever going to hear a word of this on our JPM/GS financed corporate media. Hell no. They need a target.....other than themselves....so why not the guy they think has cooties?

Mon, 11/29/2010 - 17:33 | Link to Comment goldmiddelfinger
goldmiddelfinger's picture

BAC, WFC and C won't finish 2011. They'll need a massive restructuring. At least these guys can't control their destiny any longer. Yes the corner office will do well but the equity holder will reap a zero and the public won't buy them a second bailout.

Mon, 11/29/2010 - 17:55 | Link to Comment NotApplicable
NotApplicable's picture

Soros is so much a part of the gang that he doesn't even come to his feet when the annointed one enters the room. Once again, it's the pecking order.

http://atlasshrugs2000.typepad.com/atlas_shrugs/images/2007/09/13/obama_...

Mon, 11/29/2010 - 17:24 | Link to Comment unwashedmass
unwashedmass's picture

 

excuse me, but soros is not part of the "gang"....he's not exactly a friend of Wall Street, or governments ....'member this is the guy who broke the bank of England. (I know, you gotta read a book to know that...sorry)....

Soros is not in the "in-crowd"...Rupert wants you to believe he is. God knows, Jamie and Lloyd want you to hate George and not them. But Soros is not in the in crowd. Far from it, they hate him....

Not that you are ever going to hear a word of this on our JPM/GS financed corporate media. Hell no. They need a target.....other than themselves....so why not the guy they think has cooties?

Mon, 11/29/2010 - 18:11 | Link to Comment HL Shancken
HL Shancken's picture

Simply said this must be explained to the American public because these facts are not possible to be true under any normal circumstances. Soros admits to trade currencies on black market but that was always punishable by death during the Nazi era in any occupied country. Also what is important is the allegation that Soros family collaborated with the Hungarian Nazi regime during the WW2.

That would make the whole family [no doubt] a target of reprisals from the victims of the Nazi regime and the occupying Soviet forces would treat Soros´s family very harshly [most of the high level Nazi collaborators were hanged]. The only way out of this would be an agreement to co-operate with the GRU Soviet [Russian] military intelligence or perhaps also with the NKVD [later KGB] espionage.

Young George was able to leave the country, he was able to make it through countless Red Army check points, without a passport that would be valid, without a Soviet approved permit to leave the country, without money and without any outside help.

 

To be continued...

 

http://thefinalphaseforum.invisionzone.com/index.php?showtopic=44

Mon, 11/29/2010 - 18:33 | Link to Comment goldmiddelfinger
goldmiddelfinger's picture

It's too creepy. He cuts his chops trading the post ww2 cigarette currencies then w/out money leaves the eastern European lock down where upwards of 8 million died and 18mm more were run through "camps" all post war and then w/out money or friends  gets a fantastic education in refugee refusing, bankrupt UK then goes on to fund the eastern European revival with the spoils of his ruination of the country that "saved" him: the UK! His entire life is a lie. (BTW your linked site isn't set to this topic)

Mon, 11/29/2010 - 16:43 | Link to Comment Pure Evil
Pure Evil's picture

Yeah, you can almost see Soros' fist up Obama's ass as he pans back and forth from one teleprompter to the next.

No wonder Obama got a bloody lip last week, he actually started to believe he was POTUS and Soros had to slap him back into place. And that was after Soros pulled his fist out of Obama's ass.

Mon, 11/29/2010 - 17:26 | Link to Comment unwashedmass
unwashedmass's picture

 

another Fox viewer inspired to massive ignorance. read a book, will ya?

Mon, 11/29/2010 - 18:12 | Link to Comment HL Shancken
HL Shancken's picture

Soros was not only able to "pass through" these check points but he was able to cross the border to Austria, where the Red Army was also present at the time, and Soros was able to get through the Red Army check points in Austria and "defect" to the West all the way to London, U.K.  Un-parallel achievement and because of my personal experiences as a political refugee who had to go through some difficulties escaping the communist oppression, I know what I´m talking about.

I don´t know how this Soros´s "life story" sounds to anybody but this is impossible to happen unless George had a permit and proper Soviet approved passport because if he was so brave to try to run these check points he would´ve been shot dead on a spot by the communists.

 

To be continued...

 

http://thefinalphaseforum.invisionzone.com/index.php?showtopic=44

Mon, 11/29/2010 - 16:44 | Link to Comment Ripped Chunk
Ripped Chunk's picture

+10,000.  They will never let go of the notion that they still have choice. The owners count on that.

Mon, 11/29/2010 - 17:29 | Link to Comment hedgeless_horseman
hedgeless_horseman's picture

How 'bout them Cowboys?

Tue, 11/30/2010 - 00:59 | Link to Comment A Nanny Moose
A Nanny Moose's picture

That's right. At least we know The Obamabot can read. Not so sure about the previous puppet.

Mon, 11/29/2010 - 16:41 | Link to Comment PD Quig
PD Quig's picture

Actually, it's just because he makes GW look competent. Watching the Obambi Administration is like four monkeys trying to fuck a football. Only the monkeys look more coordinated...

Mon, 11/29/2010 - 16:51 | Link to Comment SheepDog-One
SheepDog-One's picture

A bit of a hysterical protest, considering no one here has said anything about Obama at all!

And If Obama runs nothing, then why are you here defending him?? Protesting a bit much! BTW, where do you see Obama slammers overlooking anything about Bush? Most of us here have not been yelling whats really going on for only 1 year, but decades! Now go get back on Obamas nutsack!

Mon, 11/29/2010 - 16:49 | Link to Comment homersimpson
homersimpson's picture

You're right. He's not in charge. Nancy is.

Mon, 11/29/2010 - 17:28 | Link to Comment unwashedmass
unwashedmass's picture

 

hello? if you guys could just turn off FoxTV, and learn a little something, it could be really something if you'd put all the effort into hating the real enemies other than the ones Rupert and his cronies are picking for you.

If O...the president....isn't running anything, why in the world do you think the minority leader of the Senate has more power?

Are we all really this dumb? This easily led?

Mon, 11/29/2010 - 17:40 | Link to Comment homersimpson
homersimpson's picture

Pfft. We get it my Lord. Stop posting on this website and do something good for once in the Oval Office. Yeesh. Talk about being thin-skinned - especially on the basketball court. How are those stitches holding up?

No - you're really this dumb. And unfortunately, it's pretty evident you're easily led. Hope and Change bit you and all you got to show for it is a big mouth and a welt.

Mon, 11/29/2010 - 17:48 | Link to Comment Jeff Lebowski
Jeff Lebowski's picture

Well played, Homer.  Well played, indeed.

Mon, 11/29/2010 - 17:58 | Link to Comment NotApplicable
NotApplicable's picture

Do you watch professional wrestling too?

Mon, 11/29/2010 - 18:14 | Link to Comment HL Shancken
HL Shancken's picture

His stay in the U.K. and his 1947 enrolment to London School of Economics, and to be able financially support himself during that time, with no mentioned help or financial backing, and to be able to graduate in 1952 at that young age, this all gives me chills where I missed my own opportunities and how come I wasn´t able to be so "fortunate" and to have such "miraculous achievements" in my life.

Soros, after a brief period of working in financial services in U.K., was able to start his own financial institution. What an achievement again. No money at all from the beginning and after just a few years he´s got his own financial company. That requires starting capital, these ventures don´t come easy, these are not hamburger stands but virtual banks with lot of money inside - who supplied the money to Soros or has he won a huge jackpot in Britain ?

Please keep reading, it only gets thicker and better.

To be continued...

 

http://thefinalphaseforum.invisionzone.com/index.php?showtopic=44

Tue, 11/30/2010 - 01:07 | Link to Comment StychoKiller
StychoKiller's picture

Nancy Pelosi is NOT a Senator, much less a minority leader in it!  Guess we (meaning YOU!) really are that dumb (i.e., lacking in Intelligence [can't judge your verbal skills or lack thereof on the intrawebz]).  You will find, if you continue to read ZeroHedge, that most here are neither Republicons or Decepticrats (we are indeed, much more Intelligent than that!).  Go find a hatter and get fitted for a tin-foil beanie -- seems like you need one!

Mon, 11/29/2010 - 16:36 | Link to Comment velobabe
velobabe's picture

he just lifts up cause he is tall. still a douche bag from what i have been reading.

'lil hopey

Mon, 11/29/2010 - 16:39 | Link to Comment ZeroPower
ZeroPower's picture

squid pro quo

 

Haha! I must say, your writing has picked up on cleverness:)

Mon, 11/29/2010 - 16:53 | Link to Comment truont
truont's picture

Squid pro quo--

That is classic, TD!

Mon, 11/29/2010 - 16:30 | Link to Comment unwashedmass
unwashedmass's picture

well, jesus, tyler! someone has to subsidize the banks holding all this crap! the peasants aren't arriving....so, come on!

Mon, 11/29/2010 - 18:15 | Link to Comment HL Shancken
HL Shancken's picture

Soros and the Perestroika fraud

In the previous Weekly Opinion I was able to present facts about the one Frantisek Janouch, a communist and also a financial backer of the leading "anti-communist dissidents" in Czechoslovakia who were able [by some un-known miracle] to set up an anti-communist [pretended] group called Charter 77. Well, George Soros was the main financial contributor to Charter 77 and also to the Polish Labor Union called Solidarity.

In case of Charter 77 Janouch claims that Soros supplied 1/3 of the total amount of money this Charter 77 Foundation in Stockholm was sending to the communist Czechoslovakia, to Havel and company.

According to my sources the sum of money that was coming to Czechoslovakia, from the Charter 77 Foundation, was gradually rising since the 1978-79 period.

From the first 107,594 Swedish Crowns in 1978 it was over half a million in 1989. [I don´t have the dollar exchange rate from that time but to illustrate how much money it was in the communist Czechoslovakia these amounts were astronomical - let´s say that the CZ Crown was about  0.20 Swedish Crown so it would be about 538 Thousand Czechoslovak Crowns the first year and over 2.5 million CZ Crowns in 1989 - for the people in the leadership of Charter 77 that was a lot of money].

Their secret local support is of course still secret the same way as the STB communist police dossiers of the leading members of the Charter 77 [Havel and company].

 

To be continued...

 

http://thefinalphaseforum.invisionzone.com/index.php?showtopic=44

Mon, 11/29/2010 - 16:30 | Link to Comment Spalding_Smailes
Spalding_Smailes's picture

 

The first mill to announce was U.S. Steel, which sent out a memo to their General Managers of Sales earlier today. The mill took prices up on all flat rolled steel products – hot rolled, cold rolled, galvanized and Galvalume.

"Given the continued escalation of raw materials input costs and changing market conditions, base pricing for all new Flat Rolled Products spot orders is increased.....Pricing extras, as published on our corporate web site, will continue to be fully applied."

Mon, 11/29/2010 - 16:31 | Link to Comment Cdad
Cdad's picture

Hard to believe....still...that it has come to this, that certain federal employees are not in jail, that they could pop oil with the first, and the SPY with the second, and presto magico...and that none of them seem to recognize that they are destroying the markets while doing this kind of thing.

 

Mon, 11/29/2010 - 16:34 | Link to Comment unwashedmass
unwashedmass's picture

 

hey, you have an academic in charge of the printing press. the guy has never traded or invested in his life. he literally has no clue whatsoever.....

and are you buying? am i buying? are any of the peasants buying this? No.

now as we move into a red close....its gonna get exciting.

Mon, 11/29/2010 - 16:46 | Link to Comment Cdad
Cdad's picture

No, I'm not buying.  I am selling into the close. 

Mon, 11/29/2010 - 16:59 | Link to Comment goldmiddelfinger
goldmiddelfinger's picture

He's in Soros worship mode, It's an existential thing meaning we have no control over our lives, we're all predestined by George to service his ends.

Mon, 11/29/2010 - 17:29 | Link to Comment unwashedmass
unwashedmass's picture

 

again, dude, why don't you find out a little something about Soros beyond what Rupert wants you to know before you mouth off?

Really curious....is there a problem reading a little actual history, some facts?

Mon, 11/29/2010 - 17:36 | Link to Comment goldmiddelfinger
goldmiddelfinger's picture

Wow you so smart. Now watch this drive !

Mon, 11/29/2010 - 18:21 | Link to Comment HL Shancken
HL Shancken's picture

We also have to analyze the money flow and where they were coming from. Since Janouch claims that Soros was the biggest contributor to Charter 77 [and according to some sources Soros supplied all together $7 million to Charter 77 and Solidarity in Poland], but Janouch also stated that Soros only supplied one third of the total amount.

Where were the remaining money coming from ?

According to my phone conversation with the wife of former political prisoner and later, as a sort of token for the communists in 1990 [for 4 months] Deputy Czech Interior Minister, Mr. Miroslav Dolejsi [his analysis is worth reading], Mr. Dolejsi received some secret documents from Sweden that supposedly corroborated that Janouch´s Charter 77 Foundation was a GRU-KGB operation.

It is no secret that Mr. Dolejsi was attacked and beaten by some thugs who possibly worked for the CZ secret services and Mr. Dolejsi´s house was burglarized and these documents were stolen. 

There are other people who also allege that the money were coming directly from Moscow. Well, since Janouch was a communist and possible GRU agent, this is no surprise at all.

The question is:  Did Soros know this ?

 

To be continued...

 

http://thefinalphaseforum.invisionzone.com/index.php?showtopic=44

Mon, 11/29/2010 - 16:52 | Link to Comment hambone
hambone's picture

It goes up because they say it does.  That's all you need know.

Plus, if we were going to fund our $110T unfunded liabilities w/ our 111m tax payers on a 30yr, 0% loan....would be $2500/mo for every tax payer on top of current taxes.  Would be $250/mo per taxpayer @3% just to pay the interest alone on the federal debt (assuming rates stay low and we don't take on any more debt...ha ha).  Only $2750/mo per every American taxpayer for 30yrs (on top of current taxes) and we're solvent.

Go for it, when you are bankrupt, have a party even if it is on somebodies elses money.

 

Mon, 11/29/2010 - 16:32 | Link to Comment mule65
mule65's picture

PUPU POMO

Mon, 11/29/2010 - 16:33 | Link to Comment tip e. canoe
tip e. canoe's picture

look at this little tidbit from RANsquawk:

IMF sells 628,000 oz (19.5 tonnes) of IMF gold in Oct.
Mon, 11/29/2010 - 16:37 | Link to Comment TheGreatPonzi
TheGreatPonzi's picture

I remember a time, a long, long time ago (before 1913, in fact), where stocks did actually fill their function: provide money to companies, and where stock markets (you know, the place where individual stocks are exchanged, not some kind of gov-backed horn of plenty) did not go from -1% to +1% in 15 minutes without explanable reasons in the companies issuing stocks.

Mon, 11/29/2010 - 16:34 | Link to Comment Pegasus Muse
Pegasus Muse's picture

"... squid pro quo."    nicely done.  :-)

Mon, 11/29/2010 - 16:36 | Link to Comment strenue
strenue's picture

I'll be using that one, with attribution, of course.

Mon, 11/29/2010 - 16:40 | Link to Comment goldmiddelfinger
goldmiddelfinger's picture

Bovina Santcus !

Mon, 11/29/2010 - 16:36 | Link to Comment greenewave
greenewave's picture

To find out more about the Imminent Collapse of American Capitalism, watch this video " WIKILEAKS,  QE GAZILLION,  OBAMA'S FAT LIP,  AMERICA DEAD !! at (http://youtu.be/N0fRlwL2pnQ).

by Anonymous

Most likely this is so they can justify censoring the internet.

Your right about the banks, they should have? failed, now they are taking over everything with our money.

Anyway, America has had at least 3 major depressions.

Mon, 11/29/2010 - 16:43 | Link to Comment Spalding_Smailes
Spalding_Smailes's picture

What about Ireland, World War 3 .... THE CRASH ... You fucking moron, next.

 

Got "X" ?

Mon, 11/29/2010 - 17:19 | Link to Comment Spalding_Smailes
Spalding_Smailes's picture

Your Oct. 4th Call ~ Dow Meltdown " Go to Cash ....

 

http://www.youtube.com/watch?v=6gEk-ySSa8E&feature=related

Mon, 11/29/2010 - 18:22 | Link to Comment HL Shancken
HL Shancken's picture

Another detail about this fraud involves in 1984 uncovered KGB agent inside the CIA Karel Koecher, who, after his deportation from the United States and swift return to the communist Czechoslovakia, started working for the Prognosis Department of the Czechoslovak Academy of Sciences [Koecher was working there with the today´s Czech Republic president Vaclav Klaus - allegedly his real last name is Russian - Pruzhinskiy, and with the boss of this in fact STB communist espionage directorate Walter Komarek - a personal friend of Ernesto Che Guevara, and with others from the today Czech Republic´s government], and after the so called collapse of communism KGB agent Koecher became Deputy Advisor to president Havel. When this scandal was uncovered, Havel´s people promptly covered it up.

I am simply stunned how these kind of details are not understood by the West as what they are - a communist deception organized and prepared 30 plus years in advance by Moscow.

 

To be continued...

 

http://thefinalphaseforum.invisionzone.com/index.php?showtopic=44

Mon, 11/29/2010 - 16:36 | Link to Comment cossack55
cossack55's picture

I for one am looking forward to Dow 36,000 and I don't care if we have to bankrupt the solar system in order to get there.  In fact, I'm not buying any ES until we get there. Take that.

Mon, 11/29/2010 - 16:43 | Link to Comment Bear
Bear's picture


Rip Van Winkle would be proud

Mon, 11/29/2010 - 16:36 | Link to Comment risk-reward
risk-reward's picture

If they can't engineer a green close today, with dos POMOs, maybe that is telling us something...

Mon, 11/29/2010 - 16:40 | Link to Comment Bear
Bear's picture

Unfortunately ... If the sane among us can't bring the market to lower levels with the preponderant of terrible fundamental news, maybe that is telling us something?

Mon, 11/29/2010 - 16:41 | Link to Comment Kali
Kali's picture

The financial viagra isn't working anymore?

Mon, 11/29/2010 - 16:46 | Link to Comment Dr. No
Dr. No's picture

I posted on this earlier.  By ramping at the close, it shows they must focus their resources.  If the resources were unlimited you would just see a long steady ramp.  However, i will defer to the judgement of Theemperor, since he is a true master of tactics.  Theemperor, has our adversaries revealed a weakness, which in time can be exploited?

Mon, 11/29/2010 - 17:00 | Link to Comment SheepDog-One
SheepDog-One's picture

They have very little power left, big deal so the DOW is up from 100 down to 30 down...the sheeple arent impressed, only thing most of the country will hear is the DOW closed down.

Mon, 11/29/2010 - 17:09 | Link to Comment Bear
Bear's picture

Dup post.

Mon, 11/29/2010 - 17:04 | Link to Comment Bear
Bear's picture

I don't agree. If you know that the market is going to close green, then you wait as long as you can at lower levels to suck any would be bear into the trap and then fire all at once ( especially when you are guaranteed that the HFT's aren't going to put the market into a flash crash). Their trading is very rational and unfortunately predictable.

Mon, 11/29/2010 - 16:37 | Link to Comment max2205
max2205's picture

TD. Well said.

NFLx 200
Obama tell govt workers to make due on freeze

I think he's running out of friends. He should have done that the 1st hour in office along with a hiring freeze. I picked a bad day to interview for that govt job....

Mon, 11/29/2010 - 16:38 | Link to Comment cossack55
cossack55's picture

Exceptions will be made for TSA  Groper 1st Class.

Mon, 11/29/2010 - 16:38 | Link to Comment cougar_w
cougar_w's picture

$9 billion here, $9 billion there, and pretty soon yer talking real debt.

Mon, 11/29/2010 - 16:39 | Link to Comment Turd Ferguson
Turd Ferguson's picture

Ahhh, the glory of POMO. Can't wait to see where we close on Friday!

Mon, 11/29/2010 - 17:26 | Link to Comment RockyRacoon
RockyRacoon's picture

You're rashly assuming there will be a Friday...

Mon, 11/29/2010 - 16:39 | Link to Comment TruthInSunshine
TruthInSunshine's picture

Charge it, boys.

 

Put it on the Bernanke AMEX Black card, now with stick save bonus points.

Mon, 11/29/2010 - 16:49 | Link to Comment Ripped Chunk
Ripped Chunk's picture

http://www.youtube.com/watch?v=ntIaUiv9seU

Master Charge, BankAmericard

Mon, 11/29/2010 - 16:40 | Link to Comment Cone of Uncertainty
Cone of Uncertainty's picture

Mon, 11/29/2010 - 16:40 | Link to Comment Waterfallsparkles
Waterfallsparkles's picture

Welfare for the Rich.  Government wants to take from the Poor and give to the Rich.  Reverse Robin Hood.

Who cares about the Middle Class?  No one.  Just pound them into the ground to benefit the Wealthy.

My Mother always said you have to have Money to make Money.  Everyone else is just thrown into the ditch.

Mon, 11/29/2010 - 16:43 | Link to Comment risk-reward
risk-reward's picture

Middle Class?  WHAT middle class?

Mon, 11/29/2010 - 16:50 | Link to Comment PD Quig
PD Quig's picture

The top 5% account for 37% of consumption. Must make them happy / confident in the future. The other 95% turds only spend on food and fuel. These dickheads stopped buying TVs, jet skiis, hot tubs, and remodelling their kitchens and bathrooms when they lost their jobs. Assholes. They must be replaced with consumers who know what's good for America. A booming stock market fuels the BMW / Google 10% raise crowd. It shall continue.

Mon, 11/29/2010 - 16:42 | Link to Comment squexx
squexx's picture

I look forward to the day we start hunting down these Wall Street bastards and hanging them on the streets!

Mon, 11/29/2010 - 16:43 | Link to Comment the not so migh...
the not so mighty maximiza's picture

Double penetration POMO will soon be followed by triple penetration POMO.

Mon, 11/29/2010 - 17:10 | Link to Comment plocequ1
plocequ1's picture

The priests of The temple of Syrinx from The United federation of planets just confirmed to the Elders.. We have assumed control. We  have assumed control. We have assumed control.

Mon, 11/29/2010 - 16:48 | Link to Comment Bear
Bear's picture

From Green to Emerald ... Banks use tax payers' 9B to make 4B profit on ES alone

Mon, 11/29/2010 - 16:48 | Link to Comment hambone
hambone's picture

I suggest someone begin offering "re-eductation" courses for those of us that thought we lived in America and that this was a free market(ish) economy. 

The only thing that matters is what they say matters.  Don't think.  Don't struggle.  It only makes it hurt that much more.  Just be obedient.  I think we'll all get along much better that way.

Mon, 11/29/2010 - 18:24 | Link to Comment HL Shancken
HL Shancken's picture

In case of Poland, we know that Solidarity was an Union and as such its leadership had to be members of the Communist Party ONLY [or communist agents]. Soros was allegedly helping the CIA to secretly finance the Solidarity, when the secret pact between the Pope John Paul II and unsuspecting [deceived] Ronald Reagan was established, and the later uncovered Polish communist agent Lech Walesa [code name BOLEK] and his "independent" Union were able to receive Soros´s money and help, through channels communists would normally shut down in matter of hours. Wow !

In his work Soros recollects about his 1989 Prague meeting with Calfa and says the following:

Together with Prince Karel Schwartzenberg [GRU used many times his Schwartzenberg Palace in Vienna, Austria for secured meetings - according to work of GRU defector Viktor Suvorov - HM note] we went to see Marian Calfa, who was then acting president. It was meant to be a courtesy visit but it turned into a moving occasion. Calfa opened his heart. He said that the last three weeks had really shaken his view of the world. He had not realized how far out of touch his party was with reality. He had had an intimate conversation with Jiri Dienstbier, the former political prisoner and newly-appointed Foreign Minister, and that is when he found out that dissidents´ children had been regularly denied the right to be educated in Czechoslovakia. (Dienstbier´s daughter had managed to get to Switzerland.) He was deeply ashamed and determined to establish democracy in Czechoslovakia. We all agreed that it was imperative to have Vaclav Havel elected president by the present rubber-stamp parliament; to organize a plebiscite would delay matters and create uncertainties. Havel as president would consolidate the "gentle revolution." Unfortunately, the leaders of the party do not agree with me but, as acting president, I have certain prerogatives and I intend to use them,´ he said. He sounded genuine and we were impressed. It was an unbelievable situation: the head of an apparatus of repression which only a few weeks ago hit students on the head voluntarily abdicating in favor of a dissident without an organization who would have trouble winning a plebiscite.

There are several lies in this statement. Calfa was never a president but a Prime Minister, he changed positions after he was for some years the Deputy PM in the communist Czechoslovakia.

 

To be continued...

 

http://thefinalphaseforum.invisionzone.com/index.php?showtopic=44

Mon, 11/29/2010 - 16:47 | Link to Comment rubearish10
rubearish10's picture

Big USD reversal tomorrow to justify today. Vision getting blurry as "acute" correlation breaks down.

Mon, 11/29/2010 - 16:49 | Link to Comment TruthInSunshine
TruthInSunshine's picture

When does 'the Bernank' announce QE XXVI ?

Mon, 11/29/2010 - 16:52 | Link to Comment Bear
Bear's picture

Is 26 some code word for getting screwed?

Mon, 11/29/2010 - 16:52 | Link to Comment Pure Evil
Pure Evil's picture

Ya mean it only took 9 billion to put the market back into the green?

I'm amazed the market is still levitating at this level. Have they invented an anti-gravity pump? Maybe the FED is using some of that Area 51 extra-terrestrial technology that they stole from little green aliens who use it to levitate their UFO's.

It's gotta be something, cause I can't fathom exactly how a measly 9 billion could pump back up the market like that.

Mon, 11/29/2010 - 16:51 | Link to Comment WineSorbet
WineSorbet's picture

Cue Harry's exuberance in 3...2....1....

Mon, 11/29/2010 - 16:51 | Link to Comment redpill
redpill's picture

Let the back slapping begin, good job all around.  Rinse and repeat for next POMO, why don't we have one EVERY day!

Mon, 11/29/2010 - 16:54 | Link to Comment Pure Evil
Pure Evil's picture

Now, you're thinking outside the box.

We could finally reach that 36,000 Dow level Tyler's been talking about before the world ends in 2012.

Mon, 11/29/2010 - 20:46 | Link to Comment SheepDog-One
SheepDog-One's picture

Why not massive POMO's every day? Well, it seems maybe they dont want markets to close red EVERY day!

Does anyone else notice about the last 10 POMO's are all red market closes? Guess we're all just conditioned to believe it means an up day.

Mon, 11/29/2010 - 16:52 | Link to Comment Xibalba
Xibalba's picture

Say what now?  There was a selloff today?  nah....

Mon, 11/29/2010 - 16:52 | Link to Comment jbc77
jbc77's picture

What a fucking joke this market has become. Absolute joke. I hope someone smashes Ben's fucking face with a baseball bat.

Mon, 11/29/2010 - 16:53 | Link to Comment Bear
Bear's picture

Helicopter blade anyone?

Mon, 11/29/2010 - 17:02 | Link to Comment goldmiddelfinger
goldmiddelfinger's picture

Shit hits the fan?

Mon, 11/29/2010 - 16:52 | Link to Comment SheepDog-One
SheepDog-One's picture

Squid pro quo of $8 billion to almost get markets green today...but what about tomorrow?

Mon, 11/29/2010 - 16:56 | Link to Comment hambone
hambone's picture

Time to guess the post market headline - how 'bout:

MARKET REBOUNDS ON EXPECTATION OF JOB GROWTH

or

MARKET RECOUPS LOSSES ON EURO PLAN

or

MARKET A SHAM AND GOES WHERE FED TELLS IT (UP and AWAY)

Mon, 11/29/2010 - 17:01 | Link to Comment Cdad
Cdad's picture

Let's see what the After Hours SPY candles say about today's session, shall we?

 

Mon, 11/29/2010 - 16:58 | Link to Comment SheepDog-One
SheepDog-One's picture

Not really all that spectacular, $9 billion and the DOW is still down -30, and we all know its all about the color of market close not if its off its lows! Wealth effect sucking!

Mon, 11/29/2010 - 16:58 | Link to Comment Big Mac
Big Mac's picture

Hi guys - Let's take it easy on the POMO crowd. After exiting all my index and bond funds earlier this month, I needed some pop on my gold stocks to make my monthly nut and sure enough Ben and the boys are coming through at month end. Unfortunately, I am not quick/smart enough to play the currency game, but that will be a goal for 2011. Seems like the only thing left that makes sense in this crazy/dangerous environment.

Mon, 11/29/2010 - 16:58 | Link to Comment RobotTrader
RobotTrader's picture

Huge nipples, everywhere you look.

Every chart-hugging hedge fund is going to go long after today.

Mon, 11/29/2010 - 17:03 | Link to Comment Dismal Scientist
Dismal Scientist's picture

If you get junked, I will be astonished.

Mon, 11/29/2010 - 17:31 | Link to Comment RockyRacoon
RockyRacoon's picture

I junked him just to see the look on your face.

Mon, 11/29/2010 - 17:03 | Link to Comment goldmiddelfinger
goldmiddelfinger's picture

She did that on purpose

Mon, 11/29/2010 - 17:06 | Link to Comment SheepDog-One
SheepDog-One's picture

Obviously totaly on purpose.

Mon, 11/29/2010 - 18:27 | Link to Comment Rainman
Rainman's picture

,,,.a damn fine money making strategy methinx.

Mon, 11/29/2010 - 18:28 | Link to Comment redpill
redpill's picture

And bless her for it

Mon, 11/29/2010 - 19:13 | Link to Comment optimator
optimator's picture

"If you got it, flaunt it!" 

Mon, 11/29/2010 - 17:16 | Link to Comment TruthInSunshine
TruthInSunshine's picture

Talk less, and post more of that in the future.

Mon, 11/29/2010 - 17:19 | Link to Comment plocequ1
plocequ1's picture

Uncle George says, " Yum Yum, Eat em up"

Mon, 11/29/2010 - 17:38 | Link to Comment kornholio
kornholio's picture

thats a beautiful titty

Mon, 11/29/2010 - 17:51 | Link to Comment plocequ1
plocequ1's picture

Its beautittyful

Mon, 11/29/2010 - 17:41 | Link to Comment SwingForce
SwingForce's picture

Yeah, without nipples breasts would be pointless, ah ha. But seriously folks, did you see The BKX break below its July 1 low this morning?

Mon, 11/29/2010 - 21:07 | Link to Comment Bastiat
Bastiat's picture

I will go to sleep tonight seeing that! Thank you! 

PS I don't remember what you said but I'm sure it was all true!

 

Mon, 11/29/2010 - 16:59 | Link to Comment DavidC
DavidC's picture

Pathetic. When this blows it's going to be fun to watch.

 

DavidC

Mon, 11/29/2010 - 16:59 | Link to Comment TruthInSunshine
TruthInSunshine's picture

Obama:  Bernanke, can't your cunts get me a green close fer Chrissakes?

Bernanke: Mr. President, we may need more POMO money, and we'll need to call it a different, more sexy name, because ZeroHedge types are sort of on to us. This greatly complicates my job.

 

Geithner: Why don't we up it to 40 billion a day, and we can call it seed money? You know...planting the seeds for a small business recovery...

Brian Sacks: Will somebody please punch Timmy in the scrotum.

Mon, 11/29/2010 - 17:02 | Link to Comment SheepDog-One
SheepDog-One's picture

Shouldnt that be- 'Somebody please punch Timmy in the vagina'?

Mon, 11/29/2010 - 17:12 | Link to Comment TruthInSunshine
TruthInSunshine's picture

Technically, we're both right, because Timmy is one of those hermaphrodites. He has the whole shindig...beans, frank, AND a vagina.

 

Rumor has it that Hank Paulson used to lube his bald head up with Olive Oil and rest in gingerly in Timmy's lap for precisely this reason.

Mon, 11/29/2010 - 17:09 | Link to Comment TruthInSunshine
TruthInSunshine's picture

double tap.

Mon, 11/29/2010 - 17:10 | Link to Comment TruthInSunshine
TruthInSunshine's picture

Someone just took ZeroHedge down.

Make sure the servers are secure from attacks by Lloyd BlankFiend's Squid Internet hit squad, Tyler.

Mon, 11/29/2010 - 17:03 | Link to Comment Milton Waddams
Milton Waddams's picture

We shall bear any expense to substantiate the great emperor Bernank's senior thesis.

Mon, 11/29/2010 - 18:22 | Link to Comment Bear
Bear's picture

As well as Michelle Obama's

Mon, 11/29/2010 - 17:10 | Link to Comment squexx
squexx's picture

Whoops! Seems it closed in the red:

http://www.bloomberg.com/

Mon, 11/29/2010 - 17:11 | Link to Comment InconvenientCou...
InconvenientCounterParty's picture

Would it change your view if you knew the U.S. is in the last few chapters of WW3, is in the lead and has a fairly simple plan to win? 8 billion every damn day, if that's what it takes.

Some number of folks (clones, plebes, pawns, etc) might have to be sacrificed to serfdom, but buck-up, this isn't socialism. If you think it's bad in the U.S. just watch the death and destruction elsewhere to cheer yourself up.

Just have your seat picked out when the music stops. Until then, hang on.

 

Mon, 11/29/2010 - 17:22 | Link to Comment TruthInSunshine
TruthInSunshine's picture

Stand for Freedom & Liberty!

Buy United States Treasuries!

Mon, 11/29/2010 - 18:21 | Link to Comment Bear
Bear's picture

They are the new war bonds ... WWIII Bonds ... The 'An IPhone in Every Hand' bond

Mon, 11/29/2010 - 17:12 | Link to Comment outernational
outernational's picture

TIMMAY

Mon, 11/29/2010 - 17:14 | Link to Comment Dick Darlington
Dick Darlington's picture

Seems that it's not much that 9bn can buy in these "markets" nowdays. Well, bankstaz bonuses enjoy govt guarantee anyway so it doesn't really matter if things are green or red at the end of the "trading" day.

Mon, 11/29/2010 - 17:16 | Link to Comment Verum
Verum's picture

Two hits couldn't get the patient high. How many will it take to o/d?

Mon, 11/29/2010 - 17:53 | Link to Comment Arius
Arius's picture

 four? hmm...may be...

Mon, 11/29/2010 - 17:24 | Link to Comment Cdad
Cdad's picture

Funny....all over the place, this afternoons rally was innitiated by block trades on far away, thinly traded, and probably bullshit exchanges.  Check your charts, all the "roll up" quotes after hours that trace right back to the exact beginning of the snap back.

It is great how some market participants get to play by an entirely different rule book.

Way to go team Fascism!

 

Mon, 11/29/2010 - 17:45 | Link to Comment virgilcaine
virgilcaine's picture

Couldn't quite do it.. -39.  the zombie bears march on..

Mon, 11/29/2010 - 17:51 | Link to Comment spongeBOB
spongeBOB's picture

The best bang for the buck is pump money into ETFs. XLF, IWM and SPY were all green at the close with the XLF up close to 1%. Now, why the hell was oil up $2 when the USD is rallying is beyond me.

Mon, 11/29/2010 - 18:07 | Link to Comment Cdad
Cdad's picture

Oil was "used" today, pumped by today's pomo #1.  This rallied oil services and held the S&P from a complete plunge at the open.  Comes pomo #2, proceeds used on SPY and the like in transactions none of us could see until AH when the trades where posted.  Great!

Now comes the after hours pump from the Fast Money guys about the economic conditions being Grrrreeeaaat in America!  Really?  Are these guys serious?  I am supposed to never mind that it took $9 billion uncle Ben dollars [just today] to make it happen?  They go with great fundamentals as the byline? 

Fuck this fascist mess! 

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