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Why do finance guys always look like zombies?
Not true. A lot of them look like vampires.
Nouriel Roubini certainly has his Count Chocula accent down pat.
As for Jon Nadler, he was actually born and raised in Transylvania --- need I say more?
Count Chocula. That made me spit out some beer. Awesome.
I always thought Jim Grant looks like Bill Nye the Science Guy.
Fuck I thought he was Bill Nye using a pseudonym
I kinda think he looks like Christopher Reeve playing Clark Kent.
True that or that Matthew whatever his name is dancing around in the question mark suit touting government grants. Either way.
Lesko. I actually ran into that dude a couple years back on 40th st. He actually wears those suits ALL THE TIME. And even though I'm never serious, I'm not even joking about that shit.
Eric King (Robot Trader's love interest) did a James Grant interview this weekend also...
Ole RobotFader hasn't been shilling for his guru Tom "I ain't gotta clue" O'Brien recently. The commission checks must have bounced! LOL!
Slightly OT: Would one think that underwater American homeowners would be morally justified in walking away from their properties if the large banks do the same thing to their own creditors?
Morality and America seemed to have parted company some time back. It's everyone for themselves now. Not sure if this is good or bad. Just is.
in case you missed it above...........
Moral hazard? I think closer to along the lines of Nuclear Hazard. Is it any surprise that MStanley would walk away from a $3.3 billion dollar mortgage on a building that is loosing tenants as we speak?
Earthquakes now almost daily.... check!
Poor wind conditions mean your tenants have to hold their breath.... check!
National economy in a tailspin that hasn't even begun to be understood yet....check!
Good decision to walk away before throwing good money after bad.
To answer your question.....it's bad.....VERY BAD.
It's truly ironic that the same TBTF banks complain about the moral hazard of strategic defaulting while they won't discuss the moral hazard of making irresponsible and reckless loans that wrecked our economy (with other peoples money). Nor will they discuss the settlements they are making for their criminal activities at 5 and 10 cents on the dollar. Seriously, I would have no problem with a Stalinist type purge of the criminal element of the TBTF banks, the regulators who did not do their jobs and the executives of the ratings agencies who were bought. The criminals of the system are living in luxury at the expense of the masses whom they defrauded (and continue to defraud). While I normally don't condone violence, I would not shed a tear if thousands of these fuckers were lined up and shot. (And I'm a conservative...I just don't like crony capitalism and criminal behavior).
Mme Defarge has taken up her knitting. She sits quietly, observing, waiting...
Mme Defarge, I need a drink......
we have the best of times; we have the worst of times.
+1000. I'm quoting on my "Other People's Words" blog entry today. Nicely done.
As long as you demand justice (and rightly so) don't forget Dodd, Waters, Pelosi, Obama and Bawney who all swore Freddie and Fannie were fit as fiddles as stymied regulation of them.
Another party troll... And don't forget WMDs in Iraq! Yeah, while we sit here and piss and moan about virtual BS there's people fucking dying because of our "leaders'" BS.
I'm so fucking tired of this childish party shit. Yeah, just fucking pretend that it would be all so much better if <insert your master's party> were in "control."
Disclaimer: I'm an equal opportunity disliker of all govts.
So instead of agreeing with the facts as he laid out, you attack him as a partisan? Ole Bawwnney Fwank said many times there was nothing wrong with Freddie or Fannie all the while pushing for higher and higher home ownership rates.
If you disagree with his point fine, make your case but why point the finger at the republicans. Seems your the childish partisan.
The assumption of home "owner" is valid, but to walk because banky says so is bankyfecespeaky and invalid. Let banky prove it using law. No chance of this.
you own?, don't pay. banky claim you owe? don't pay. banky make noise, don't pay. banky acts, make them pay. Got to understand, banky sold everything 3 times to fools, once to gubment. been paid 7 times with insurance.
Don't miss the Pento interview too.
i was never into dues w newsletters, eventho, i sucked off of them, like i do on zh actually and off of some of you all, which i must say thank you, not you harry or robofagboy, operationmetalgear fuk boys, but..... that wasnt the main message.
so the reason i know certain peeps are YES trying to make a living BUT are not Geithner or soros vampires, gs, dimon et al, whatever the fuk, but the meain thing is, the network, and the network of thots. that's the main things. they can't, they can never stop that.
I think he looks like Bill Nye. Regardless of his facial structure, the man is speaking truth.
The question is will he merit ending up in the Iceland museum?
Oh it's a shoe in. The only question is pickled, petrified, or dessicated?
Icicled? But don't know if its stalactite or stalagmite!
Heads up the pressure is on for the FED to up the rates. Look out for a small increase this week, with a promise for more if need be.
If you're long paper PM's duck for a while.
LOL sorry but you're hilarious - up the rates this week. There is a better chance of Obama coming up with a reason to invade Iceland or Greece.
There is a better chance of Obama coming up with a reason to invade Iceland or Greece.
There is a better chance of Obama coming up with a reason to invade Iceland or Greece.
Don't laugh --- at the rate which our Nobel Peace Prize winning teleprompter in chief is following in the warmongering footsteps of his illustrious predecessor, it is not so farfetched.
It is Iceland. I'll vote for frozen.
I can't believe no has opened a business to "cryogenically" store people in lands with such big glaciers.
Greenland would be perfect.
He looks more like Clark Kent.
Its the neck-tie...this tool is used to cut off the blood flow to the brain, preventing normal thinking and in most cases causing long term states of delusion, mostly a irreversable condition. You can see its wide use by politicians, bankers, anybody claiming they have some form of authority. In western elite societies the "collaring practice" is often started at a very young age for maximum results...a very effective tool.
inflation is a conspiracy theory.
Is this another one of those sock puppets?
you silver bugs need to pipe down and read more REAL economics, like keynes and krugman. THEY know that the only road to prosperity is through printing fuckloads more money to raise aggregate demand. everyone knows more money equals more prosperity and without more money WE ARE AT SERIOUS RISK OF DEFLATION which will cause mass defaults. iPads that cost the same as they did a year ago are more powerful. who the fuck cares if VOLATILE prices like food and gas are shooting off the charts? NOBODY eats food or gas. only CORE inflation REALLY measures what is happening in the economy. now shut up and eat your ipad.
and HEY if you think silver and gold are gonna make you a lot of money you'll think different when you discover the fed can PRINT MORE OF YOUR BELOVED PMs.
Grave stupidity, or witty travesty? You decide.
i don't know why anyone would have a problem with ben bernanke, every prediction he has made he has got right, he has some of the best credentials in academia, and he has one of the greatest beards known to man. the only possible reason i can see for anyone to dislike bernanke is that he is jewish, or because he was appointed by a democratic president. at the end of the day he saved the most important businesses in america - goldman sachs and j.p. morgan, who we all know are productive and efficient allocators of capital. they are the reason YOU have jobs, because they (and the federal reserve) are the only ones who make any productivity possible.
the only PROBLEM comes from crazy right-wing conspiracy theorists who believe kennedy was shot by "bankers" (lol, wtf, they have better things to do with their time like devising models and theorems) or who listen to that right-wing asshole alex jones and don't believe in global warming (if models say it is happening, it is happening). THEY are the ones who support the koch brothers and rupert murdoch taking away YOUR money and medicare which is causing the deflation that bernanke is valiantly fighting.
His beard makes him look like the last of the Romanovs...Awesome premonition!
I'll start digging the pit if you get the acid ready.
Oooooook Spiral, keep drinking that kool-aide and believing Obama made change we can believe in.
I love the remark that we dislike Bernanke because he's a Jew.
I love the remark the there are right wing conspiracy theorists. Conspiracy theorists as you falsely label them would prefer not to vote republican or democrat.
Keep watching CNBC and believing Goldman Sachs when they tell you oil is going no where, that the bail out saved america.
Read the real news about Wadhington no one dares read. thousands of pages in bills that will blow your mind and anger you with what they do with money.
Good luck in life, why waste your time here. You'll only be broke away from here, stay here and get more of the real news and you'll be broke and angry that you could have won financially and mentally because you could have analysed things for what they are. The three branches of government, corrupt. The network news, owned by corporations who use the networks for profit. False left/right idealogies, a soap opera used to distract people from the truth while dividing friends and family.
look i wasn't even trying to troll you, it was complete sarcasm. congratulations on wasting 10 minutes of your life responding to something that was very obviously sarcastic bile.
or as i confirmed two hours ago: "+1 for those who realized i was being totally sarcastic, -9001 for those who fooled themselves into believing i was mathman or whatever. "
"ben bernanke, every prediction he has made he has got right"
Classic. Someone should update that youtube Bernanke highlight reel of shitful predictions. Remember his list of TARP predictions? Jesus. I think he went 0-for-4 in just over a minute.
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