Frontrunning: December 30

• China Manufacturing Growth Slows as Policy Tightened (Bloomberg)
• Why I Don't Believe In This Santa Rally (WSJ)
• Who Is Ron Paul? (National Review)
• A True 'Japan Inc.' Could be on the Way (WSJ)
• Forecasters Warn UK Jobless Rate Set to Nudge 9% “ (FT)
• Three Hedge Funds Got Inside Data From Consultant, U.S. Says (Bloomberg)
• China To Enhance Regulating Property Market in 2011 (China Daily)
• BP Facing New Legal Threat Over Gulf Spill (Independent)
• A New Year's Hangover for Stocks? (Barrons)
• The Battle to Rule the Air Heats Up (WSJ)
• Curiously Weak Consumer Confidence (Fed Watch)
• US mortgage foreclosures rise sharply (FT) in Q3, and plunge subsequently
• Schaeuble Calls for Better Euro-Region Integration, Tagesspiegel Reports (Bloomberg)
•  Tightens Rules on Foreign Exchange Holdings, Overseas Borrowing (Bloomberg)

Comments

[bobert]

I can trade with confidence today as the headline on

Yahoo Finance indicates that the "authorities" have

cracked down on lower manhatten flea markets. In

addition to this they nailed one lady (scapegoat)

in CA for insider trading. Whew...........finally got the

crooks out of the marketplace.

[Mercury]

Hey! I was just going to post that Ron Paul interview link.

It's fortified with a generous portion of Austrian meat and potatoes:

NRO: So inflation transfers wealth?

PAUL: Inflation goes from the middle class to the wealthy, and it is a tax, and the people don’t know about it. It’s invisible. That’s why they get away with it. Eventually the people wake up, and then it’s too late, and you get rampant inflation. Bernanke brags that he can turn off inflation in 15 minutes. He can’t. There’s so much money out there, which is going back into use — commodities are going up. This idea that there is no inflation is absurd. One thing they do is they want everyone to talk about inflation as the CPI. Austrians say that inflation is when you increase the money supply — sometimes some prices go up, sometimes it starts out in land, but eventually it can be everything.

[bobert]

Go get em Ron!

[AnAnonymous]

Inflation goes from the middle class to the wealthy,

Excellent! The poor are lucky people. They are immune to inflation. Must be some kind of spell...

[Cdad]

Well, you can see why certain criminal syndicate Wall Street bankers are very interested in the shares of the world's largest petroshrimp maker.  Just last week, I think it was syndicate options junkey J. Najarian that could not wait to buy it's shares.  And it is hard to argue, what with one state after another lining up to sue it into oblivion if first the Federal Government does not complete that task.  It tell you, it is truly a unique skill set that the Wall Street cabal has.  From a front running perspective, I believe the effort to revive the share price of the world's largest petroshrimp maker will fail making those shares good Whack-a-Mole material...at least during the a.m. part of each session [because the market is stupid and broken].

Burritos, dot coms and drug companies that suck...the call remains the same.  Commercial property operators and retailers are next up for Whack-a-Mole...but not until January.  Oil...yep, still priced for dot com...and only for the reason of propping up the OIH...which props up the Roach Motel.  Stupid and broken.

Additionally,  the Blow Horn's [CNBC] sad attempt to revive its image by constantly using advertising space [that it obviously could not sell] to pump super sappy messages about how they are now the defender's of capitalism...also make it hard to be Dr. Frontrunner and also cause me to almost yack on an hourly basis.  Note to the Blow Horn...instead, do your job:  1. Be skeptical  2. Ask hard questions  3. Occasionally invite a bear on your network 4. Read and report on fascist legislation being passed in DC 5. For God's sake, quit talking about shopping.  There...that should get you started in a materially important way in terms of restoring your clearly destroyed cred.  There....you too have been frontrun'd.

Additionally, and each day that passes, it becomes more and more clear that the hardest thing about vying for the title of Dr. Frontrunner is listening to criminal syndicate Wall Street bankers that must constantly whore themselves across the Blow Horn [CNBC] as they continue to yap yap yap yap yap in their vain attempt to create confidence in Average Joe where there is no confidence.  It is like a 24/7 talk-a-thon to cure criminal syndicate Wall Street banker talking disease.  Stupid.  If one more banker tells me that it is "X" or "Y" that is causing our economic malaise, while obviously missing the real issue, namely his continued existence within the financial system, I rather think I shall yack...which won't help me become Dr. Frontrunner.

Good luck out there in the most obviously broken and stupid market in the history of the planet.  Thank you Wall Street.

Additional:

All currency calls are off....because clearly there is Euro intervention going on.  I'm not convinced, however, that little Miss Euro is reformed...but only in dry dock.

[bobert]

Bloomberg is an alternative.

And the females are better looking.

[Careless Whisper]

Who Is Ron Paul? (National Review)

Two things about Ron Paul are for certain. The first is that he’s quixotic — unquestionably a little weird, and probably unelectable to higher office — but a necessary gadfly reminding us of our lost constitutional liberty.

fuck you!!!

[High Plains Drifter]

Ron Paul has never written any books.  His books with his name on them are ghost written for him by Lew Rockwell, a nice jewish man, and Mises, oh he was another nice jewish man.  The article is written by National Review, another "conservative" organization that is run by a nice jewish man, Jonah Goldberg. Yes sir, I shall go wherever they lead me for I am a sheep and I need a jewish shepherd to show me the way.  For you see, I mean,  Ron Paul is quixotic, he is unelectable to national office, he is just there to remind us of our constitutional roots, and all that jazz. Oh Mr. Paul knows full well his function in this political life, no doubt in my mind.  Of course the lovers and sycophants will fall on this post with reckless abandon because it is not what they want to hear. So in their eagerness to  acquire the lost pearl of great price, liberty, they while searching for and longing for this long lost attribute, will do whatever it takes to crush the lone voices of dissent thereby creating the great dichotemy of wanting liberty but at the same time hating someone for daring to say things they don't want to hear.  So we whites fight with each other and our tribe dies a slow death and we simply cannot figure out why this should happen to such nice people. Yes, but you can vote for Ron Paul next time if you wish, and see what happens. But just remember what old man Rothschild said one time, I care not who is king, as long as I control their money. The lie continues in this land and the hope is never ending and nobody can really understand what is really going on.

[redrob25]

I doubt you are correct because Paul is very articulate in public about his views. I wouldn't doubt he writes his own material.

Where is the proof that Lew Rockwell writes for him? Or that Paul is a puppet put in place by the bankers to offer a competing viewpoint?