On The Linkage Between Politics And Markets

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Mon, 06/13/2011 - 16:34 | 1365715 RobotTrader
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There is a 60-in. plasma screen TV in the lobby of our office building.

Lots of people were huddled together watching CNN report after the market close, of yet another down day in stocks.

You should have seen the look on everyone's faces.

"Oh Shit".....

LOL.......

Mon, 06/13/2011 - 16:51 | 1365753 plocequ1
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Double. Tylers server sucks Monkey ass today

Mon, 06/13/2011 - 18:31 | 1366065 topcallingtroll
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everybody send tyler a donation.  Zero hedge needs more server space.  Even ten dollars makes a difference. Zero hedge runs on volunteers and a vision and peanut butter sandwiches.

Nobody is living high off the hog working for zero hedge.

Mon, 06/13/2011 - 16:48 | 1365756 plocequ1
plocequ1's picture

This is bullish for Panasonic 

Mon, 06/13/2011 - 16:57 | 1365770 falak pema
falak pema's picture

your 'lol' smells of candy wrapped, horse traded, cynical shit...or is it just me and a 60 inch plasma fueled hard-on that blurs my eyes and slurs my nostrils? I am all confused like a blown fuse ready to be recycled.

There is poetry in trade like no robot will ever know...but that's cos its free trade and not political horse trading.

Mon, 06/13/2011 - 22:08 | 1366620 SwingForce
SwingForce's picture

FWIW: Citi-GS-USB-WFC all bottomed Weds, MS Thurs, JPM-BAC-PNC Friday, has the worm turned?

Mon, 06/13/2011 - 23:20 | 1366799 jeff montanye
jeff montanye's picture

it is just possible: 2008 did mark the end of a credit cycle that began 1932-42.

Tue, 06/14/2011 - 08:36 | 1367303 euclidean
euclidean's picture

Relax; it is anatomically impossible for the Fed Reserve to grow back a penis and pair of balls. The Fed was willingly castrated and now professes to warn of bank regulation? F*ck off with the pathetic jokes, and bind their hands so they can't remove the gimp ball from filling their mouths. Be the bitch and be happy. Leave the dirty talk to your masters.

Mon, 06/13/2011 - 16:37 | 1365725 Nothing To See Here
Nothing To See Here's picture

Politics affect markets only because politics have so much power. The purpose of the US Constitution was to contain this, but it did not last long before the Constitution was "interpreted" to give power to the politics...

Mon, 06/13/2011 - 16:43 | 1365730 optimator
optimator's picture

"The real truth of the matter is, as you and I know, that a financial element in the larger centers has owned Government even since the days of Andrew Jackson."

FDR to Col. House, Oct 21, 1933

Mon, 06/13/2011 - 19:05 | 1366149 NotApplicable
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Why would FDR tell House that, when that's the reason House was in the White House?

Strange days...

Mon, 06/13/2011 - 16:44 | 1365731 GFORCE
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"Sell in June, and don't come back til 400 SPX!"

Mon, 06/13/2011 - 17:06 | 1365792 CPL
CPL's picture

Or forever...depends what the nut sacks do.  Best case scenario is to jack interest rates up to 23%

  • It will force write downs in the financial sector as it should have done.
  • Plus shit can well above the needed 30% of public sector employees.  Proper estimates of the civil service work force to be eliminated should run into the 65-70 range.

But what will happen.

  • Print QE3
  • Drive Oil over the human capacity point of afforability
  • War breaks out, nukes get thrown around and nobody cares.  Remember the legal limits have all been changed regarding acceptable radiation across the world.
  • Then jack up interest rates to around 40% to pay for the rebuilding still managing to go into more public debt.

 

Mon, 06/13/2011 - 16:45 | 1365738 High Plains Drifter
High Plains Drifter's picture

when is ron paul going to take the gloves off?

the writer ask this question. i can answer it. never. and he never will either. he is a dark horse and a waste of time.

ron paul recently met with a scurrilous scumbag, liar, and traitor to America, Ralph Reed.

http://www.aljazeerah.info/Opinion%20Editorials/2011/June/13%20o/When%20...

Mon, 06/13/2011 - 23:38 | 1366835 jeff montanye
jeff montanye's picture

paul used the opportunity to get before reed's audience with the other republican presidential hopefuls and said that, like the ancient israelites, the current citizens of the u.s. do not need a king to tax them without mercy and send their sons to die in distant wars.  about right if you ask me.  

he sounds least like a neocon of the presidential candidates in my lifetime.  sounds.  proof is in the pudding.

Mon, 06/13/2011 - 16:44 | 1365743 King_of_simpletons
King_of_simpletons's picture

Obama is going to train 10000 engineers.

It is becoming pathetic. Now they are not even trying, just throwing some shit out.

Mon, 06/13/2011 - 17:03 | 1365773 CPL
CPL's picture

Train Engineers or aka drive locomotives, my guess is someone missed an adjective in the job title.  Only way he's getting 10000 Engineering professionals out of the schools is to ship them in overseas or give those in the retirement cloud a second job.

 

we've all heard this wag before during dot.com.  Look how fast the Engineers were disposed of then.  The powers that be couldn't push the bodies into the fire fast enough.  So if there are any baby Engineers out there, if you see the first year Engineering class balloon to 400% of it's natural size all of a sudden.  Stay the course.  If you are part of the government initative, guess what colour the career is going to be in around three years in your first job...pink, as in pink slip.

Mon, 06/13/2011 - 17:29 | 1365878 KCMLO
KCMLO's picture

Complete bullshit, my girlfriend is a masters-educated engineer.  Bachelor's in Chemical, Master's in Environmental.  She's been looking for a job for the last 2 years (to get out of consulting) and it's nothing but cricketts out there.

Mon, 06/13/2011 - 17:40 | 1365899 docj
docj's picture

Wow - and you'd think she would be the winner of the holy trifecta job lottery there...

1) Female Engineer

2) Chemical Engineer (they always did well in the past)

3) Enviro Engineer (AHEMgreenjobsAHEM)

I know it's bad out there (yeah, the PhD is real - and it's in Engineering) but I had no idea it was that bad.

Mon, 06/13/2011 - 20:28 | 1366352 JuicedGamma
JuicedGamma's picture

She sounds like a perfect fit as a hi freq algo developer, send her resume over!

Mon, 06/13/2011 - 18:05 | 1365978 malek
malek's picture

If she is doing consulting and earns some notable money there I recommend she stays like that.

Mon, 06/13/2011 - 16:49 | 1365745 the not so migh...
the not so mighty maximiza's picture

kick ass policies from kick ass leaders.

Mon, 06/13/2011 - 16:50 | 1365751 docj
docj's picture

Meanwhile, The Teleprompter is telling us he wants to spend more money we don't have so the Fed.gov can train 10K engineers a year - I suppose so they can watch their jobs get outsourced, too.

http://finance.yahoo.com/news/Obama-pushes-jobs-plan-in-apf-2964851553.h...

The Stupid is strong with this one.

Mon, 06/13/2011 - 16:51 | 1365757 the not so migh...
the not so mighty maximiza's picture

The Stupid is with you...always.

 

Mon, 06/13/2011 - 17:12 | 1365803 CPL
CPL's picture

HerpaDerp-Kanobi...save da princess

http://28.media.tumblr.com/tumblr_lj3cqeAao21qgufpvo1_500.jpg

 

 

Mon, 06/13/2011 - 16:51 | 1365754 RobotTrader
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Obama needs a "shock and awe" stimulus ASAP, like a huge tax cut for two years or something.  Something big, that will last as long as he remains in office.

Otherwise, he's already toast for 2012.

Mon, 06/13/2011 - 16:54 | 1365767 the not so migh...
the not so mighty maximiza's picture

Yeah like pallets of money falling from the sky blocking out the Sun.

 

 

Mon, 06/13/2011 - 18:45 | 1366102 smlbizman
smlbizman's picture

as a know nothing employer, i will ask you...will that tax cut make my phone ring?????

i read alot of know it alls like you, and i would safely bet you have never signed the front of a paycheck...

so until the headlines start placing the following words in large fonts, we are all toast.

corruption

fraud

demand

 

Mon, 06/13/2011 - 16:54 | 1365765 Eireann go Brach
Eireann go Brach's picture

Did you know what the word Politics in latin means.. "Poli" means "many" in latin.."tic" means "blood sucking insect" in latin. That just about sums it up! 

Mon, 06/13/2011 - 17:05 | 1365784 falak pema
falak pema's picture

the romans left their indelible mark on your neighbours...its called the seal of Imperial rule...even if they never invaded Ireland...the Brits learnt, rinsed and repeated. Now its the Oligarchy...Politics is a bitch when one is small and at the receiving end. 

Mon, 06/13/2011 - 17:06 | 1365786 Timmay
Timmay's picture

Crescendo......

Mon, 06/13/2011 - 17:10 | 1365805 Caviar Emptor
Caviar Emptor's picture

Sorry. The stock market was, is and will always be one step from only serving one function: get rich quick. The old shell game: "which stock is the banana under? Guess and I'll pay ya" :-) 

For many decades in the period of greatest US prosperity in the mid 20th century the stock market was a sleepy backwater. The real money was made in the private world of free enterprise: owning and operating businesses or working for successful ones. In other words Adding Value. Few Americans invested in stocks. Taking Financial Risks was not for regular people and was a sure way to the poor house. It was possible to save back then. It was also possible to get rich slow with high quality bonds, savings accounts, but mainly through building a business. 

Now the lay of the land has changed drastically. Savings is near impossible with low interest and the ever rising cost of living, working and doing business. That makes even bonds a sure way to get poor slow. Taking risks often gets rewarded: With financial pain. Non-professionals have a tough time avoiding losses. Which guarantees getting poor fast. Building wealth through enterprise has gotten harder but not impossible. 

One thing is certain: staking hopes, dreams and trillions on stoking up the stock market is as losing a proposition for America as being the pigeon at the 3-card Monty table. Sooner or later he's gonna cut and run with your money, and his shill players from the audience will cut out too. 

Mon, 06/13/2011 - 17:12 | 1365807 High Plains Drifter
High Plains Drifter's picture

U.S. Homeland Security asks Jewish groups to be vigilant for terrorists

http://www.haaretz.com/jewish-world/u-s-homeland-security-asks-jewish-gr...

gee, isn't that precious?

jewish militia trains in forest

http://www.youtube.com/watch?v=dH_-QbfxgqU

oh goody. say there mr skullcap, doth thou raise thy arm against me and prepareth for war?

Mon, 06/13/2011 - 18:38 | 1366079 zaknick
zaknick's picture

Your true, massive-beaked masters, bitchez!

DBS harassing Amerikkkans at airports and coddling funny money, dirty jooooohs!

Mon, 06/13/2011 - 18:38 | 1366081 zaknick
zaknick's picture

Your true, massive-beaked masters, bitchez!

DHS harassing Amerikkkans at airports and coddling funny money, dirty jooooohs!

Mon, 06/13/2011 - 17:13 | 1365827 Bear
Bear's picture

I have been reading interesting chatter in the 'left leaning' press about Bernanke being a Republican and inferring that the double dip was his fault. I think this theme will continue with Obama trying to see what scenario works best for abrogating his responsibility for the Greatest Depression of next year.

Mon, 06/13/2011 - 17:27 | 1365861 Caviar Emptor
Caviar Emptor's picture

Obama trying to see what scenario works best for abrogating his responsibility for the Greatest Depression of next year.

 

...he'll float the idea of renaming it "The Grooviest Depression" 

Mon, 06/13/2011 - 17:21 | 1365842 Eireann go Brach
Eireann go Brach's picture

Falak Pena..Ireland may be small but they can and will play a massive role in how the house of world financial cards will fall over the next few years..centuries of fighting and telling establishments to fuck themselves makes it an absolute certainty that they will also tell the Euro and IMF to go fuck themselves sometime over the next year or two.

The Euro is destined for disaster because the powers that be never baked centuries of cultural differences and hatred into the Euro monetary pie when it was created, because that moment is fast approaching..Bernanke and Trichet may think they know academics because they have a PHD..but they know fuck all about centuries of cultural and historical differences that are innate in all countries and which will ultimately decide the fate of the Euro!

Mon, 06/13/2011 - 17:55 | 1365959 falak pema
falak pema's picture

I'd be inclined to believe you if you are full of guinness as your poetry would match your eloquence and like all true irishmen you would know how to pass the ball to O'Driscoll to score the winning try that would seal the prize.

But on a sober day when the north wind blows and a slice is death on the fairway, I would advise you to jump off the cliffs of Connemara for a cold bath to revive your spirits...as a sober irishmen needs to feel the cold to find poetry in his soul; all fouled up with centuries of mythical logic that can't tell north from south pole. No, Europe is a mutant that now spreads its wings on a new basis in search of new meaning and new horizons. It'll always be born in pain as nothing worth while occurs for mankind without sufferance. Anyways, there is always an irish jig and a good pass out to the wing to provide solace to irish eyes who need to smile...whatever Caesar or his sons have in store for the continent. 

Mon, 06/13/2011 - 18:13 | 1366015 zaknick
zaknick's picture

If i really gave a shit about what this idiot thinks, I would insert two graphs here:

1. Chart of food stamp usage in AmeriKa

2. Chart of Venezuelan poverty reduction

Chavez is not the brightest bulb but at least you have somebody who cares about their country and its people. Compare that to this TelePrompTer CIA bitch and you get the picture.

Know how you see all those charts here about record income inequality here in the US where 400 families own more wealth than 40% of the rest of their countrymen? Well, that's how it was in Venezuela.

He should back the Bolivar with oil and be done with (after acquiring some nukes and ASBMs from China and Iran).

The tragic irony is that the morally befuddled author then goes on to lament the predictable failure of a for profit educational system: only the rich have knowledge.

Fucken hyenas

Mon, 06/13/2011 - 18:30 | 1366051 topcallingtroll
topcallingtroll's picture

sounds like you are a communist who sees everything in terms of racism.  I've spent quite a bit of time in Venezuela.  Things are not better for the people now.  Maybe on paper, but not in reality.

Mon, 06/13/2011 - 18:45 | 1366094 zaknick
zaknick's picture

You are hallucinating, bitch!

Yet you will soon see the putrid remains of your economy exposed for the world to see. The handiwork of the banksters you know & love. Wait until this latest Ponzi cracks up!

I would go so far as to say that, measured in happiness and life satisfaction, Venezuelans will have a better life than Americans. True.

Mon, 06/13/2011 - 18:27 | 1366046 topcallingtroll
topcallingtroll's picture

come on market.  go down you bitch!

I was in cash maybe six weeks ago before cash was cool.

Now hurry up and go down you fucker!  Take gold and silver with you please.

Mon, 06/13/2011 - 19:14 | 1366162 NotApplicable
NotApplicable's picture

In other news. Conan O'Brien made his best joke ever during a commencement speech at Dartmouth.

He joked that the school had an inferiority complex, but claimed it should not: 'You have graduated more great fictitious Americans than any other college.

 

'Meredith Grey of Grey's Anatomy. Pete Campbell from Mad Men. Michael Corleone from The Godfather.

 

'In fact, I look forward to next years' Valedictory Address by your esteemed classmate, Count Chocula.'

 

Of course, your greatest fictitious graduate is Treasury Secretary Timothy Geithner. Man, can you imagine if a real Treasury Secretary made those kinds of decisions? Ha ha ha ha ha ha ha ha ha ha ha.'

 

http://www.dailymail.co.uk/news/article-2003169/Conan-OBrien-reveals-Ton...

 

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