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Presented without commentary (well, we'll say one thing: for QE3 to work, it would have to be a surprise... so much for that).
h/t #ReboilRoom
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Can Bernanke be impeached?
He would be replaced by Paul Krugman...
He could be replaced by any 4 year old that only knows how to say "MORE!"
Why pay a 4 year old? Just Hewlett Packard the position with a first class printer... doesn't even need a briefcase.
He could be replaced by scotch tape over the
'PRINT' button on the presses.
Somebody tell Ben the markets - 5% from the highs and the XLF is near 52 week lows....wake up Ben....
The banks are off a lot more than that. BofA seems to be getting taken to the woodsheds today. Maybe people are wising up to the effect of principal reductions on the second lien book...
Bernanke can only be impeached if his Wife gets him to shave his beard.
That would take too much time. There has to be more expedient, head tossing alternative to make the point.
Could Hitler be impeached?
According to Nostradamus, either Bernank or Obama
is going to bite the dust right before Elenin is visable
in the skies.
After he gets a Nobel.
If we had justice for all. He would go to jail first and then hell.
I think this is a better representation on Gtrends...dated only last 12 months:
http://www.google.com/trends?q=qe3&ctab=0&geo=us&date=ytd&sort=0
The really funny part:
1. Regions - Keynesian basket cases
2. Cities - NYC (no comment...)
It has to be said, though, that few would search for QE3 while QE2 was far from over.
QE III will work, ahh.. good 'ol recovery in sight.
</s>
Funnier thing is that QE3 has been part of the ZH vernacular since early 2009.
ZeroHedge - Ahead of the curve so you don't have to be.
Mais non! Zerohedge: Ahead of the curve so you can be!
Much much better. Thank you much.
WHOA! Just whoa!! release the hounds....
Chinese retail spooked into selling dollars?
they sold 97% of their short term us treasuries since the beginning of the year. seems they're going cold turkey yet, where did they put that money? Gold? Silver? Buy a few small African countries? Maybe Pakistan? Is that possible - to buy a country - take it over without spilling blood and using military assets? Just buy it like going to Tiffany's.
So what? China's short term US debt holdings make up less than one half of one percent of the US debt holdings.
Considering we are talking about google trends here, i dont think retail holds much in the way of USTs.
Next up, "why is milk 100 dollars a gallon now" to start trending.
Will QE work? Watch and see:
http://www.google.com/trends?q=home+mortgage&ctab=0&geo=all&date=all
Disclosure statement: Long "QE" + "home mortgage" Google Trends synthetic divergence trade.
i know everyone thinks its going to happen but with so many eyes on the US Treasury/Fed, I don't think they can get away with doing QE3 in the light of the sun. Its only in the dark that roaches proliferate.
>> I don't think they can get away with doing QE3 in the light of the sun.
Want to bet on that? Christ, Obama has fought an imperial police action for the last 70+ days without even consulting Congress. The days of the US federal government (and it's private bank owners) answering to citizens is OVER.
TPTB will do WHAT they want, WHEN they want to WHOM they want and will answer to no one.
Exactly, unless we stop them!
Tuco Benedicto Pacifico Juan Maria Ramirez
ROFL! Obama re-election ads on this page! Thats even funnier than the Cramer ads from a few months back.
Gotta love ad networks
The trick to a lower unemployment rate is to volunteer for Obama's campaign:
http://www.barackobama.com/volunteer
Then buy some Made in China shit at the store:
http://www.barackobama.com/store
Including the birth certificate mug! oh cool
I have not seen one yet. What did google ad tracer catch you reading? CNBC and Fox.?. This laugh is on you.
LOL!
Hong Kong and Taiwan. No surprise there. Just log into a Yahoo MB on any given day to take the temp on Chinese misguidance.
There, every momo stock is headed "to the moon", and the most common phrase is, "fundamentals don't matter." Uh huh.
It is the EKG print out for the impending acute myocardial infarction this market is about to suffer. There will be no 9-1-1, no help, nothing but weeping and nashing of teeth.
I am sure that Ben will light a fire under gold/silver when he starts delivering his 3.45pm speech
Oooo...when Ben speaks, PMs listen.
I would suggest that PMs have a fight with a bouncing US dollar directly ahead.
Is it a stretech to think this could be a sign that the peasantry is waking up to the slave system?
This is the list of cities who make most use of the term "assclown":
1. Boston, MA, USA 2. Chicago, IL, USA 3. Atlanta, GA, USA 4. New York, NY, USA 5. Toronto, CanadaThe use of "assclown" peaked in the 2nd half of 2007 by the way.
And yes, Boston is leading by a wide margin.
Boston is the king of assclown.
hey....some of us call Boston home, y'know.
What evah assclown!
As a native NY'er, let me be the first to apologize for all the hatred and vitriol that has passed between our states for generations. I hope the people of boston will accept this offering of peace and grant us their forgiveness for all of our passed transgr.....
I almost pulled it off... FUCK BOSTON! GO YANKEES!
THEE YANKEES WIN! THHHHHEEEEEEEEEE YAAAAANNNKK-EEEEEE-SSSSS WWWWWIIINNNN!!!
Life-sized poster of Dave Roberts on its way to ya, Augie!
lol mayhem you are a good sport. I needed that laugh. Thank you.
"US Bank" is #1 right now...
Low and behold, after weeks of the market falling apart, the VIX finally woke up from its Rip Vanwinkle slumber and SUDDENLY [ie no one could have seen it coming] remembered what its market purpose is.
Maybe the VIX will stop today at 19.14? I'm sure Brian the Sack has it all well in hand.
A father's wish to his boy Bennie: Google Correlate picks out "father's day 2011" as the search term most strongly correlated with QE3.
http://correlate.googlelabs.com/search?e=QE3&t=weekly
Can Bernanke be sent to Debtors Prison???
No, that's for the peons, not the gods that walk amongst us mere cattle.
Click thru and see that research is heavily Taiwanese and Chinese. U.S. maintaining a healthy lead in the oblivious category, though...
When you inpput "quantitative easing" and sort by city, you get this:
1. Jersey City, NJ, USA 2. Richmond, VA, USA 3. New York, NY, USA 4. Washington, DC, USA 5. Boston, MA, USA 6. Herndon, VA, USA 7. Chicago, IL, USA 8. Philadelphia, PA, USA 9. San Francisco, CA, USA 10. Phoenix, AZ, USASomething's wrong! How could Chicago pull a 7-spot on this????
Note: No TX cities
"Note: No TX cities"
did they check:
kwantitative easing?
What is QE3 going to accomplish that QE1 and QE2 did not?
The definition of insanity is doing the same thing over and over and expecting a different result.
The only thing QE3 accomplishes is $200 oil. Which pulls forward the revolution.
What is QE3 going to accomplish that QE1 and QE2 did not?
That's like dividing by zero.
Right.
Mugabe for Fed Chair.
Whose with me?
Mugabe is already the Fed Chair, we just see the puppet in the beard instead.
America doesn't have the balls for the "truth".
Instead we have basket balls, and foot balls, and base balls...
Rosengren (Fed Gov.) just now on CNBC said that they can't rule anything out when it comes to QE3. Basically what he said was the level of fear they have of deflation will determine that decision. So like Tyler says..........
I wonder Bernanke pays some of the noise makers so that when he is ready to launch the QE3, he will tell everyone that people asked for it.
His job is really easy: misinformation, deception and corruption.
im taking all bets, bitcoin only, that there will be no qe3 this year or next.
define "qe3".
You mean true fed balance sheet expansion or the bullshit monetiztion or both?
some acute action taken to mitigate the loss of treasury purchases and stimulus money
My guess is that he is betting that Ben "Chairsatan" Bernanke will not be around to initiate another round of money printing, as all of his efforts have thus far failed to do anything to improve the US economy.
A failed policy requires that someone gets hung with the lost credibility bill...so that the next round of false confidence building can begin anew...in central banker/central planner style. And this failed policy cost sooooo much money, there isn't any room for the next central banker planner freak show to breathe. Hence, no more printing.
Or perhaps, I am speaking for myself.
for QE3 to work, it would have to be a surprise...
For QE3 to happen, it cannot be a surprise. They don't care if it "works."
+$1,550 +++++
Great minds think alike.