This page has been archived and commenting is disabled.

Market Celebrates Just Announced Record Foodstamp Usage By Closing At 2010 Highs

Tyler Durden's picture





 

For those seeking a perfect explanation of what is happening in United Banana States of America right now, then look no further: the just released September Supplemental Nutrition Assistance program data is out and we are happy to report that the number of poor Americans has never been higher - SNAP recipients just hit a fresh all time high of 42.9 million. Naturally, the market celebrates the record number of poor Americans by closing at 2010 highs. No long-winded, somnolent essays, no rants, just observations. These two facts explain everything that is happening in this unrecognizable banana republic. Now that is a five year banana plan you can believe in.

h/t John Lohman

 


- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Fri, 12/03/2010 - 17:16 | Link to Comment Sudden Debt
Sudden Debt's picture

FREE FOODSTAMPS AND BUS TICKETS TO THE PAINCLINIC FOR EVERYBODY!

Fri, 12/03/2010 - 17:19 | Link to Comment DeanTheMachine
DeanTheMachine's picture

You know, I've seen that gif a thousand times now, and it never gets old.  I'm chuckling to myself right now.

Fri, 12/03/2010 - 17:48 | Link to Comment 66Sexy
66Sexy's picture

methinks we're pricing in QE3... bad news is good news.

 

im sure the free money junkies appreciate the efforts of the american people to remain unemployed.

Fri, 12/03/2010 - 17:59 | Link to Comment Nepenthe
Nepenthe's picture

This. (or QE2 supersized) The Bernank will be on 60 Minutes and indicates that QE2 could grow...

Fri, 12/03/2010 - 19:58 | Link to Comment Divided States ...
Divided States of America's picture

Anyone want a Banana Split courtesy Banana Ben?

 

I guess they just call it QE∞

Fri, 12/03/2010 - 18:13 | Link to Comment Kina
Kina's picture

They will have to price in nation wide riots at some stage.

Fri, 12/03/2010 - 18:31 | Link to Comment FEDbuster
FEDbuster's picture

Urban riots will be a good reason to bring some of the troops home, mostly National Guard units.  As two million "99'ers" roll off the unemployment teat this month, local PD and National Guard groups will gear up for the coming collapse of society. The Ben Bernak will be blindsided again, "We did not see this coming, real estate prices in NYC, Georgetown and the Hamptons were improving?"

Fri, 12/03/2010 - 19:49 | Link to Comment Idiot Savant
Idiot Savant's picture

+1 - Not just any troops either, but troops that have spent several years perfecting urban combat. Citizens, no matter how well armed, won't stand a chance.

Fri, 12/03/2010 - 20:10 | Link to Comment Shameful
Shameful's picture

Fighting the American public would be retarded.

Why on God's green earth would you fight them when any major town can be turned off with a flip of a switch and a few predator drones?  Turn off the water and power and block food.  Block the roads with light to medium armor and you create a siege situation, against a angry, narcissistic population with no provisions.  Will the people assault the open freeways into teh face of armored combat vehicles?

After a few weeks the locals would accept anything to get the water/power/food turned back on.  And such a thing would be quite easy.  Instead of using hundreds of thousands of troops pacifying a major metropolitan area they could let the areas destroy themselves.  This can be done with a few thousand or less even with major towns, just spread the net wider.  All about knowing your opponent and using their strengths and weaknesses against them.

Think about what LA would look like with no power and no food coming in.

Fri, 12/03/2010 - 21:33 | Link to Comment Idiot Savant
Idiot Savant's picture

You read way too much into my post and jumped to conclusions. The tactics and hardware you mention is exactly what I'm talking about.

Don't you think citizens would attempt to rise up?  Again, citizens, no matter how well armed, wouldn't stand a chance.

If I'd known you are so hung-up on semantics, I would have used warfare instead of combat.

Fri, 12/03/2010 - 21:35 | Link to Comment Shameful
Shameful's picture

Rise up in an organized way, no. There is no leader or unifying force. They would get pissed and loot their neighborhoods. Think we have seen this in our own culture enough.

As to reading to much in, if that is what you meant I stand mistaken. Many people tend to assume that Uncle Sugar would actually sent the troops out to fight door to door. So I had no way of knowing from your comment about such conflict.

We are in agreement that should the oligarchs wish they should be able to suppress any civil unrest by letting it burn out.

Sat, 12/04/2010 - 02:16 | Link to Comment Red Neck Repugnicant
Red Neck Repugnicant's picture

Shameful

I find your thoughts on urban warfare fascinating, especially the idea that our government might block all food to our cities.  That's fucking scary!

In such a scenario, do you think Americans will resort to cannibalism?  I may not have a bunch of missile launchers like you guys, but I've got one hell of a barbecue pit and I've got no qualms about eating my neighbors.  If ever there was a meal that called for Heinz Bold and Spicey, it would be a porterhouse cut from Mr Czervik down the street.   

Do you know if human flesh has gristle?  

Sat, 12/04/2010 - 04:21 | Link to Comment StychoKiller
StychoKiller's picture

And this post is from the same person goin' hyperbolic when someone mentions beans, bullets, bullion and bunkers?  WTF?

Sat, 12/04/2010 - 14:03 | Link to Comment tmosley
tmosley's picture

Liberals do love converting productive capital into consumption goods.  Eating the flesh of men rather than working together with them to build a better future is not that big a leap for them.

Fri, 12/03/2010 - 21:29 | Link to Comment DaveyJones
DaveyJones's picture

Let's experiment on DC?

Fri, 12/03/2010 - 20:51 | Link to Comment bankonzhongguo
bankonzhongguo's picture

A grotesque display of how bad things are is the fact that many of the dependents of deployed US service personnel are Food Stamp recipients.

Never mind the veterans that return from combat and discharged only to be unemployed.

Even when you go out on your third deployment in two years, your wife and kids are getting by on EBT.

Sat, 12/04/2010 - 12:10 | Link to Comment RockyRacoon
RockyRacoon's picture

Lots of talk about our troops turning on citizens...

Don't forget about Xe.

Fri, 12/03/2010 - 22:08 | Link to Comment Kopfjager
Kopfjager's picture

Don't be ridiculous.  These troops that have spent years perfecting urban warfare would be, have always been, and always will be on the side of the people.  We, more than anyone, have been on the receiving end of Washington's policies since the inception of the United States.  

Fri, 12/03/2010 - 22:23 | Link to Comment johnnynaps
johnnynaps's picture

I agree. Along with that point......One, my military friends are down to earth enough not to turn on the American public. Two, Congress fears the military and keeps them overseas (watch Gladiator!) which would heavily deflate their impact. Three, look at how effective our military was in the BP oil-spill and Hurricane Katrina.

Sat, 12/04/2010 - 15:03 | Link to Comment trav7777
trav7777's picture

um...at every turn, they have done exactly that.

Civil War, Bonus Army, Draft Riots, Kent State, Katrina?  The military will follow orders.  If they don't, there will be penalties imposed by those who still are following orders.

One thing the history of warfare has shown is that things have to be REALLY bad before the enlisted will even turn on their own officers.

Fri, 12/03/2010 - 22:43 | Link to Comment Shameful
Shameful's picture

Do you really think the oligarchs are stupid?

First off they will not tell the troops "We are going to kill a bunch of Americans for bankers! Get some!"

What they will do is have them briefed how it's a succession movement or domestic terrorists. And that they are the last line of defense to old America together. They will invoke Lincoln and the Civil War and that they have to do what they must to keep the Union together. After all Americans invaded and killed other Americans in the Civil War did they not? Hell troops attacked vets in the protests marches of the Great Depression. History is full of the nations military suppressing the people, America is not special in history. It like all other nations is made of men and women.

Also correct me if I'm wrong but don't they block some of the net on bases? How much more will they block from the troops when things really heat up?

Sat, 12/04/2010 - 01:50 | Link to Comment Founders Keeper
Founders Keeper's picture

[These troops...have always been, and always will be on the side of the people.]---Kopfjager

Thanks for your post.  And, from the sounds of it, thank you for serving our country in uniform.  We, The People, certainly hope our military men and women will honor our Constitution.

Shameful's post regarding the use of military siege to quell a city-wide riot deserves some discussion.  It is not out of the realm of possibility---nothing is, anymore. 

For the sake of gaming it out, let's say 4 medium size U.S. cities and 1 large city experience city-wide protests that simultaneously erupt into disruptive and violent riots.  Riots beyond the scope of local law enforcement to control. 

Media coverage is going to be the wild card.  Coverage reported from outside the cities, and live coverage broadcast from within the cities.  Will the rioters receive media sympathy or will the victims of the violence? 

How about the troops securing transport routes in and out of the cities.  How many will protest the siege orders.  Will troops be injured by citizens at checkpoints? 

How about life within the sieged cities.  Law enforcement will be overwhelmed.  Will some officers quit their job to be at home to defend their loved ones and property from roving looting gangs and criminals? 

What about militia groups outside the sieged cities.  How long will they wait to act---to come to their countryman's aid?  How will they respond?  Will they act in concert will other militias?  Will they limit their aid to smuggling food, water, and fuel into the starved cities?  Will militia members sneak into the cities to aid police efforts to provide security?  Or, will the militias act with force against US troops at checkpoints? 

What else is developing in other cities or states or nations while all this is going on? Will coverage of the sieges take backseat to other more compelling news? 

There is much to consider.  Scenarios like this are not black and white.  Very fluid.  Lots of wild cards.

OK to think through it.  Hope we don't have to live through it.

Hope for the best, and prepare for the worst.

Sat, 12/04/2010 - 02:52 | Link to Comment Red Neck Repugnicant
Red Neck Repugnicant's picture

 

There is much to consider.  Scenarios like this are not black and white.  Very fluid.  Lots of wild cards.

 

Agreed.  Lots of wild cards.  Very, very fluid situation right now.

You need guns.  You need canned food - lots of it, preferably with minimal sodium because water will be scarce. You need a network of friends, each one with a unique talent to help keep the community intact. All extraneous people should climb trees, and be on lookout with binoculars.  You'll need a tank.  Definitely need tanks.  Probably could use some sort of tarp to help hide the hams - people will be hungry.  There will be dysentery, so anyone with rectal surgery training should be held in secret locations across town.    

Lots of variables.  Very fluid.  Many, many wildcards.

 

Sat, 12/04/2010 - 04:38 | Link to Comment Snidley Whipsnae
Snidley Whipsnae's picture

We need only read 'The Rise and Fall of the Third Reich' to see how civilians can and will be controlled by government.

The take down of civilian resistance is done one group at a time, be it political, religious, ethnic, or mental defectives. By the time that the few remaining dessenters are 'come for', it's way too late for any protest because there are few left to protest.

In addition, an army of informers will be quickly formed to rat out any groups meeting secretly to form resistance groups. Simply read how East Germany was coopted under the Stazi secret police by giving informers small favors. Kids were ratting out parents, spouses were ratting on each other, neighbors were ratting on each other, etc. After E German Stazi records became accessable it was found that about 75% of the population were ratting on someone.

Guns to fight an army of Brown Shirts or SS or German Natl Police or Stazi? Get real.

Sat, 12/04/2010 - 11:44 | Link to Comment Founders Keeper
Founders Keeper's picture

[All extraneous people should climb trees, and be on lookout with binoculars.  You'll need a tank.  Definitely need tanks.  Probably could use some sort of tarp to help hide the hams...]---Red Neck Repugnicant

I read your Reply before logging off to go to bed last night. 

I don't much like gaming worse-case scenarios in public.  It makes some people feel uneasy.  I generally prefer facts and solutions.

Before climbing into bed last night, I prayed for you and your family.  I asked God to bless you and your loved ones.  To grant you financial prosperity and good health.  I prayed for you and your family peace, joy, and freedom.  (No sarcasm here.  Sarcasm is not my thing.  And no, I usually don't tell people I've prayed for them.)

I've read many of your posts.  I disagree with your position of course.  But, I think it's worth noting you have a gift for writing.  Your sarcasm is potent.  More importantly, you develop your posts, moving from subtle to surprise.  I hope God helps you find the means of channeling that talent toward helping others.

OK.  Now that's about as nice as I can stand being this morning.

Sat, 12/04/2010 - 12:55 | Link to Comment Red Neck Repugnicant
Red Neck Repugnicant's picture

Wow!

You win. I lose - that doesn't happen often. 

That was actually a really nice post, and I now I think I regret targeting you. 

I hope you have a wonderful weekend, and good health and happiness this new year.

Take care...

 

Fri, 12/03/2010 - 20:17 | Link to Comment BaboonAss
BaboonAss's picture

Don't forget the Predator/Reaper drones. I'm sure they'll be put to good use in the domestic "urban pacification" role. Wedding parties in Waziristan or Watts, whats the dif to the drone "pilots" sitting in the command center outside Vegas?

Fri, 12/03/2010 - 23:43 | Link to Comment johnnynaps
johnnynaps's picture

Predator drones will become mantle pieces.....I will trade a good bottle of scotch for a displayable drone!

Fri, 12/03/2010 - 23:22 | Link to Comment Instant Karma
Instant Karma's picture

Let them eat cake.

Sat, 12/04/2010 - 00:32 | Link to Comment Founders Keeper
Founders Keeper's picture

[You know, I've seen that gif a thousand times now, and it never gets old.  I'm chuckling to myself right now.]---DeanTheMachine

Now I'm chuckling.  I swear, earlier today I was going to write the same thing to Sudden Debt about his animated avatar.  Best avatar on the website.

Fri, 12/03/2010 - 18:20 | Link to Comment Mr Lennon Hendrix
Mr Lennon Hendrix's picture

Do you wear a different hat for each one of your avatars?

Troll.

Fri, 12/03/2010 - 22:32 | Link to Comment JGus
JGus's picture

What cracks me up about THE HarryWANGER is that he was spouting things off just like this from Feb-April 2010. The S&P was on it's way to new all-time highs and there was absolutely nothing that could stop it!

 

Then, a little something called the flash crash turned him into this big grizzly bear. He was shorting the market and shooting down bulls left and right. His comments were often very dark and foreboding and we were likely on our way to test the lows of March '09.

 

Sometime during the rally that began in late August (probably late September) he suddenly decided that all of the horrible things HE had been saying about the economy were actually false and that we were once again on our way to the moon.

 

I don't have the time, energy, or patience, but it would be hilarious if someone went back through his comments over the course of the year and posted a sampling of them beginning in the spring and going through present day.

 

What a WANGER!!!

Sat, 12/04/2010 - 01:38 | Link to Comment A Nanny Moose
A Nanny Moose's picture

or just manic depressive?

Fri, 12/03/2010 - 19:02 | Link to Comment Ham Wallet
Ham Wallet's picture

Shocking turn of events...stores are packed during the holidays.  Wow.

Thanks for the news from the ground. 

 

Fri, 12/03/2010 - 23:58 | Link to Comment Aknownymouse
Aknownymouse's picture

The Wanger seems to be eyeing a spot on CNBC with Steve the Lies Man

Fri, 12/03/2010 - 19:41 | Link to Comment Ratscam
Ratscam's picture

Your comment on a topic like that? PLEASE!

GO FUCK YOURSELF at your wonderful evening show, and please shove any of your home decor 5-20'000 USD item up your hairy ass, you stupid ...I could go on...

Thank you Tyler for not taking him offline, the most flagged person on ZH, since he helps me to release my stress level back to normal, by just flagging him. Sometimes for no reason, just for the fun of it!

Since ZH I cannot call myself prolific any longer.

Fri, 12/03/2010 - 21:33 | Link to Comment DaveyJones
DaveyJones's picture

the only thing jammed are your ears 

Fri, 12/03/2010 - 21:39 | Link to Comment Ted K
Ted K's picture

What's wrong with you?? Everybody knows the first thing you do with California welfare is you get on the bus going to Vegas Casino, get 5 packs of cigs and head to the slot machines.  You must be one of those new immigrants to America that actually wants to work for a living.  

Fri, 12/03/2010 - 22:16 | Link to Comment KTV Escort
KTV Escort's picture

to all you idiots (welfare, retirees on SS & pensions, etc) who regularly blow your wad at the casinos: buy a silver coin every week instead... in 3 years you'll have made up all your losses, and you'll be doing your part to stick it up Blythe's ass

Fri, 12/03/2010 - 22:31 | Link to Comment Troublehoff
Troublehoff's picture

Yes! Mwhaha

 

But 'Sudden Debt'.... I fear I may need a new icon called 'Sudden M2'. Less catchy, I admit but ultimately it will dwarf the sudden debt monster. 

Fri, 12/03/2010 - 23:07 | Link to Comment Gully Foyle
Gully Foyle's picture

Sudden Debt

Where the fuck are this weeks bank closings? Fucking lord, don't tell me they are posturing for the Christmas season!

Sat, 12/04/2010 - 10:48 | Link to Comment unununium
unununium's picture

Maybe they are holed up at the Round Table test kitchens, getting ready to close BAC next week.  Like the tide going out before the tsunami.

 

Sat, 12/04/2010 - 11:47 | Link to Comment Miss Expectations
Miss Expectations's picture

And BANANA Cake:

This banana cake is just the right size for a small family. Serve this banana cake as a snack cake or as a dessert. Ingredients:
  • 4 ounces butter, softened
  • 3/4 cup light brown sugar, firmly packed
  • 1 large egg
  • 2 to 3 bananas, mashed, about 3/4 cup
  • 1/4 cup buttermilk or sour milk
  • 1 teaspoon vanilla extract
  • 1 1/2 cups all-purpose flour
  • 1 1/2 teaspoons baking powder
  • 1/2 teaspoon baking soda
  • 1/2 teaspoon salt
  • 1 scant teaspoon ground cinnamon
  • 1/8 teaspoon ground cloves
  • 1/8 teaspoon ground nutmeg
Preparation:

Heat oven to 350°. Grease and flour an 8- or 9-inch square pan. In a large mixing bowl with electric mixer, cream butter and brown sugar. Beat in egg, milk, vanilla, and mashed banana until blended. Combine remaining dry ingredients and spices. Stir the dry ingredients into the first mixture until moistened. Spread in prepared pan. Bake for 25 to 30 minutes, or until cake springs back when lightly touched with finger.
Frost with a cream cheese frosting or sprinkle with powdered sugar.

Fri, 12/03/2010 - 17:14 | Link to Comment 101 years and c...
101 years and counting's picture

i told everyone this morning....just buy the fucking dip.  it's a buy the dip scheme and it works!

Fri, 12/03/2010 - 17:17 | Link to Comment Sudden Debt
Sudden Debt's picture

the dow still needs to catch up with the gold and silver explosion.

RIDE TO THE MOON!

Fri, 12/03/2010 - 17:31 | Link to Comment jesse livermoore
jesse livermoore's picture

what if there is no dip?

 

Fri, 12/03/2010 - 17:35 | Link to Comment CrockettAlmanac.com
CrockettAlmanac.com's picture

Heat chicken and hot sauce in a skillet over medium heat, until heated through. Stir in cream cheese and ranch dressing. Cook, stirring until well blended and warm. Mix in half of the shredded cheese, and transfer the mixture to a slow cooker. Sprinkle the remaining cheese over the top, cover, and cook on Low setting until hot and bubbly. Serve with celery sticks and crackers.

Fri, 12/03/2010 - 17:37 | Link to Comment Jim in MN
Jim in MN's picture

Well, DIP MAH SCRIP that sounds nice.

Sat, 12/04/2010 - 01:41 | Link to Comment A Nanny Moose
A Nanny Moose's picture

Be sure to use gummint cheese.

Fri, 12/03/2010 - 17:37 | Link to Comment jedimarkus
jedimarkus's picture

YOU BETTER BUY NOW!!!!  IT IS NEVER TOO LATE TO GET ALL IN!!!  QE3 guaranteed!  Free put options too!  VIX plummets!!!

Fri, 12/03/2010 - 17:44 | Link to Comment mule65
mule65's picture

Always dips.  Coulda had S&P 50 points lower on Tuesday.  The rich get richer and the poor get food stamps.

Fri, 12/03/2010 - 21:35 | Link to Comment DaveyJones
DaveyJones's picture

until the poor lose it

Fri, 12/03/2010 - 23:32 | Link to Comment Delmar
Delmar's picture

Take your unemployment check and go buy some equities!

Fri, 12/03/2010 - 23:48 | Link to Comment johnnynaps
johnnynaps's picture

I am loading up on alcohol! Once tax rates change (whenever that may occur) and market pessimism sets in......you're going to need a drink! 

Fri, 12/03/2010 - 20:22 | Link to Comment ajax
ajax's picture

 

No dip? Then you get all your Glenn Gould albums lined up in a row and decide whether you love listening to them more than selling them.

Fri, 12/03/2010 - 20:22 | Link to Comment ajax
ajax's picture

 

No dip? Then you get all your Glenn Gould albums lined up in a row and decide whether you love listening to them more than selling them.

Fri, 12/03/2010 - 17:50 | Link to Comment SheepDog-One
SheepDog-One's picture

Everyone all giddy about 19 DOW points? Big deal....

Fri, 12/03/2010 - 18:16 | Link to Comment HarryWanger
HarryWanger's picture

Great strategy! We will definitely end this year at new highs across the board. Amazing! 

Ok, back to overseeing the setup. Great morning - awesome sales (and battling a snow storm!). Evening show about to kick off.

Fri, 12/03/2010 - 18:19 | Link to Comment Mr Lennon Hendrix
Mr Lennon Hendrix's picture

I told you I saw your mask slip.

How many avatars do you have?

Akak was right.

Troll.

Fri, 12/03/2010 - 19:06 | Link to Comment Hephasteus
Hephasteus's picture

Government people have to share computers. Which is why most of their hands smell like lotion and ball sweat.

Fri, 12/03/2010 - 20:31 | Link to Comment ajax
ajax's picture

 

Men always smell like that.

Fri, 12/03/2010 - 21:20 | Link to Comment reading
reading's picture

You are a supreme asshole...fyi.  

Fri, 12/03/2010 - 22:17 | Link to Comment Kopfjager
Kopfjager's picture

When you type, it sounds feminine.  

Fri, 12/03/2010 - 20:57 | Link to Comment tahoebumsmith
tahoebumsmith's picture

Just curious, if everybody here is buying the dip and selling the top, who is getting shafted? That would be the masses!!! So honestly, how long can your wet dream continue? 

Sat, 12/04/2010 - 01:45 | Link to Comment A Nanny Moose
A Nanny Moose's picture

It's the new economy. Something from nothing. Everybody wins, and everybody gets to feel good about themselves.

Fri, 12/03/2010 - 17:15 | Link to Comment Glasgow Gary
Glasgow Gary's picture

Trade ya my SNAP card for 600 sodas, bitchez!

GG

Fri, 12/03/2010 - 17:33 | Link to Comment jesse livermoore
jesse livermoore's picture

anyone know the SNAP to GOLD ratio   ......?......

Fri, 12/03/2010 - 20:28 | Link to Comment jakethesnake76
jakethesnake76's picture

yes Jesse jus buy Cigs an Liquor and save a few weeks then can trade for gold :(can ya still buyem with foodstamps ? :( 

Fri, 12/03/2010 - 23:50 | Link to Comment johnnynaps
johnnynaps's picture

Not sure, but I was buying EBT cards for 50 cents on the dollar!

Sat, 12/04/2010 - 00:13 | Link to Comment palmereldritch
palmereldritch's picture

I dunno but the FRD/ANRKY index is nothing but green!!

Fri, 12/03/2010 - 17:16 | Link to Comment system failure
system failure's picture

How is it, that the government thinks we believe everything they want to feed us. Is it in the food now???

Fri, 12/03/2010 - 17:18 | Link to Comment Sudden Debt
Sudden Debt's picture

no comment.

Fri, 12/03/2010 - 20:38 | Link to Comment ajax
ajax's picture

It's in your useless commas.

Fri, 12/03/2010 - 17:16 | Link to Comment CosmoJoe
CosmoJoe's picture

Record people reliant on Govt cheese; major cause for celebration in Washington DC.

Fri, 12/03/2010 - 17:40 | Link to Comment velobabe
velobabe's picture

there she blows†

Fri, 12/03/2010 - 17:17 | Link to Comment Tomified
Tomified's picture

Looks like they'll need to dispense gas stamps, too.

Fri, 12/03/2010 - 17:28 | Link to Comment Jason T
Jason T's picture

http://www.youtube.com/watch?v=P36x8rTb3jI

 

Peggy Joseph ..the most memorable time in her life.

Fri, 12/03/2010 - 17:17 | Link to Comment TWORIVER
TWORIVER's picture

congrats to Gold longs, Head and Shoulders broken, now likely to see 1500 - 1535 next. if you junked me before thinking I was a permabear or something...eat me.

Fri, 12/03/2010 - 17:22 | Link to Comment Internet Tough Guy
Internet Tough Guy's picture

You are underwater on your DX trade too. Eat that.

Fri, 12/03/2010 - 17:25 | Link to Comment tmosley
tmosley's picture

I do love the taste of gold short flesh.

Tastes like fear.

Fri, 12/03/2010 - 20:41 | Link to Comment ajax
ajax's picture

Short gold? Pants down and nothing worth beholding.

Fri, 12/03/2010 - 17:43 | Link to Comment erik
erik's picture

i didn't junk you.  i commend you for offering congrats to the PM holders.  i think the USD trade call is a little too early.  i'd prefer to get back in at the 50 day MA.  we could see it early next week.

in the meantime, Uggs for EVERYONE!  DECK is officially vertical.

Robo, if you could be so kind as to post a DECK chart por favor.

Fri, 12/03/2010 - 18:25 | Link to Comment Bay of Pigs
Bay of Pigs's picture

Thanks TWORIVER,

Time for you to get onboard? We are mostly rational and logical thinkers around here despite being branded crazies and lunatics. 

Gold and silver are probably going to double or triple from here at least (as outlandish as that might sound to you). How long it takes, I don't know. But to me, physical shortages and QE make it almost certain.

 

Fri, 12/03/2010 - 17:17 | Link to Comment FunkyMonkeyBoy
FunkyMonkeyBoy's picture

And this is how the few enslave the many. American friends, you should be very worried about the future, the window of opportunity to act and salvage your country from total doom is getting smaller and smaller.

Fri, 12/03/2010 - 17:25 | Link to Comment cyclemadman
cyclemadman's picture

I'm just waiting for the day when I can start hunting liberals. out soon will be a guide with identifying markings and likely hangouts. The best thing is they are classified as varmints so there are no bag limits. As far as I know no one is putting up bounties yet, sad.

Fri, 12/03/2010 - 17:44 | Link to Comment CrockettAlmanac.com
CrockettAlmanac.com's picture

You're so brave!

 

 

Fri, 12/03/2010 - 18:24 | Link to Comment Bob
Bob's picture

It makes me just <heart> the internet.  Sure brings cheap bitches out in force, no?

 

Fri, 12/03/2010 - 19:34 | Link to Comment MachoMan
MachoMan's picture

I guess that depends on what you shoot them with...  7.62 is cheap whereas 338 lapua is expensive...

Fri, 12/03/2010 - 23:04 | Link to Comment sethco
sethco's picture

-and retarded. not to mention unfunny. And what does your comment have to do with the one to which you replied? You listen to WAY too much corporate radio.

Fri, 12/03/2010 - 18:59 | Link to Comment silence
silence's picture

Try not to be so obvious dragging your knuckles there. It's a dead give away.

Fri, 12/03/2010 - 20:25 | Link to Comment no cnbc cretin
no cnbc cretin's picture

F you, moron. Too bad ZH allows cretins in. Apparently, they have learned nothing from this site. You're just another stupid Amercian. You think liberals are the problem, you know nothing. You think liberals are pussies, think again, you dumb ass. Your type will be the first to go, when the shit reall hits the fan.

Fri, 12/03/2010 - 21:35 | Link to Comment Vergeltung
Vergeltung's picture

lol yeah, liberal men are the epitomy of masculinity.

HA, that's a good one.

Fri, 12/03/2010 - 22:26 | Link to Comment Jendrzejczyk
Fri, 12/03/2010 - 23:13 | Link to Comment sethco
sethco's picture

chickenhawk conservatives are the most likely to be closet cases, as is anyone who feels the need to denigrate others' masculinity in an anonymous forum. It reveals an insecurity about one's sexual identity, and a general idiocy.

Fri, 12/03/2010 - 21:33 | Link to Comment Vergeltung
Vergeltung's picture

right there with you cycle. waiting for the season to be declared OPEN!

Fri, 12/03/2010 - 22:33 | Link to Comment KTV Escort
KTV Escort's picture

hey fucktard, how about setting your sites on the bankster class instead

Fri, 12/03/2010 - 21:44 | Link to Comment DaveyJones
DaveyJones's picture

.

Fri, 12/03/2010 - 21:43 | Link to Comment DaveyJones
DaveyJones's picture

you're a victim of your handlers

Fri, 12/03/2010 - 22:48 | Link to Comment Gully Foyle
Gully Foyle's picture

cyclemadman

Once again the magical internet causes ones balls to grow larger than the brain.

 

Fri, 12/03/2010 - 23:53 | Link to Comment johnnynaps
johnnynaps's picture

shame you were flagged so many times. Your critical thinking skills of who actually destroyed this country are not yet up to par with Z-hedge!

Fri, 12/03/2010 - 17:29 | Link to Comment Shameful
Shameful's picture

Window of opportunity? You mean that thing we shot past about a decade ago?

We already drove off the cliff, just waiting for the Wile E. Coyote moment now.

Fri, 12/03/2010 - 17:46 | Link to Comment CrockettAlmanac.com
CrockettAlmanac.com's picture

Just as long as the Acme jet pack isn't defective...

Fri, 12/03/2010 - 19:36 | Link to Comment MachoMan
MachoMan's picture

4 decades ago?

Fri, 12/03/2010 - 22:34 | Link to Comment WaterWings
WaterWings's picture

US nukes are old too...apparently...scare story??

Fri, 12/03/2010 - 17:30 | Link to Comment SheepDog-One
SheepDog-One's picture

Pinhole sized window.

Fri, 12/03/2010 - 17:34 | Link to Comment What a mess_man
What a mess_man's picture

Thanks Funky - we had no idea.  Now, how do you suggest we 'salvage our country from total doom' exactly?

Fri, 12/03/2010 - 17:46 | Link to Comment FunkyMonkeyBoy
FunkyMonkeyBoy's picture

Simple, all you have to do is one thing, and it's non-violent:

Non-conformity

You don't like something, on mass, do not conform. The system can only exist if the masses it controls conform to it. Just say "you've had enough, you're not going to take it anymore". The powers that be only have the power you give to them. 

Fri, 12/03/2010 - 17:47 | Link to Comment CrockettAlmanac.com
CrockettAlmanac.com's picture

Hello, Mr. Beale. I thought you were dead?

Fri, 12/03/2010 - 19:24 | Link to Comment XPolemic
XPolemic's picture

The powers that be only have the power you give to them. 

After long deliberation on the subject, I have come to believe that they actually have more power than that. They have the power to make decisions, something most will not do because (a) information availability is poor and (b) our DNA is programmed for laziness and (c) decisions have consequences.

The ability to make a decision is not a trivial one, one can only assume that it comes from either a certain strength, or perhaps an upbringing, or perhaps something else entirely, but whatever the source, until it changes, there will always be rulers and followers.

Fri, 12/03/2010 - 23:48 | Link to Comment delacroix
delacroix's picture

It's easy to make decisions, when you don't have to suffer the consequences.

Fri, 12/03/2010 - 22:06 | Link to Comment Max Hunter
Max Hunter's picture

The powers that be only have the power you give to them. 

Actually, they have the power that the 90%+ of dumbasses that live for material things, entertainment and immediate gratification give them.

Their power doesn't come from me..

And yes, especially all the dumbfucks that swallow that 9/11 story about brown people that hate us for our freedom.. 9/11 truth would bring about the changes needed in this truth forsaken country.

Fri, 12/03/2010 - 22:35 | Link to Comment mtomato2
mtomato2's picture

Hey.  I'm not looking for a fight, or anything, but don't SOME of those "brown people" sort of come right out and SAY they hate us for our freedom?

Fri, 12/03/2010 - 22:50 | Link to Comment Gully Foyle
Gully Foyle's picture

mtomato2

No, those Brown people say they hate "US" because we invade, rape, pillage and destroy their homes women and children.

Wait that is the FREEDOM they hate.

Sat, 12/04/2010 - 10:21 | Link to Comment Max Hunter
Max Hunter's picture

++

If only they could realize that we are killing them and their children and taking the resources they live on for the good of all.. Democracy.. Democracy.!

Silly brown people.. when will they ever learn... I'm so free I don't know what to do with myself.. What a great feeling..

Fri, 12/03/2010 - 23:16 | Link to Comment sethco
sethco's picture

it's the flipside of the same propaganda as well as the above

Fri, 12/03/2010 - 20:56 | Link to Comment ajax
ajax's picture

 

Like I said - line up those precious Lps in a row and decide what you can and cannot live without. Sell the rest on Craig's List and Ebay now while your confreres are still on unemployment benefits and have a little cash. It's a hard rain gonna fall but hell when wasn't the same game being played out?    

Sat, 12/04/2010 - 05:46 | Link to Comment cranky-old-geezer
cranky-old-geezer's picture

America isn't going to be saved.  No nation with this much high level corruption has ever been saved short of a french revolution level change, and it won't happen here.

Forget America, think about your personal strategy.

Sat, 12/04/2010 - 10:43 | Link to Comment unununium
unununium's picture

Anything that ever was saved, was not saved by those who think as you do.

Sat, 12/04/2010 - 14:06 | Link to Comment cranky-old-geezer
cranky-old-geezer's picture

TPTB are in a long term plan to loot as much wealth from Americans as possible.  It began in the 1800s with the federal government via taxation and took a huge leap forward with the creation of a central bank (the Fed) via inflation of the money supply, slowly diluting the value of the dollar and dollar-denominated assets to the eventual point of worthlessness, which we haven't reached yet but are heading there.

How exactly is any American, or any group of Americans, going to stop that?  It's been going on over 100 years.  Nobody has stopped it yet.  No indication anyone is going to stop it.

 

Fri, 12/03/2010 - 17:17 | Link to Comment SpykerSpeed
SpykerSpeed's picture

http://i.min.us/icU6Ky.jpg

 

"POMO".

 

Someone help me post this as an image, I'm not sure how.

Fri, 12/03/2010 - 20:58 | Link to Comment ajax
ajax's picture

 

Do the "Mashed Potato" yeah yeah yeah.

Fri, 12/03/2010 - 17:19 | Link to Comment Kaiser Sousa
Kaiser Sousa's picture

ah gubamint cheese...

we use to hold up cars with those bricks while we stole tires off hoopties n the hood...

such fond memories...

Fri, 12/03/2010 - 18:26 | Link to Comment Bob
Bob's picture

It was a very sharp cheese.  Possibly the best American pasteurized cheese food product of all time. 

Fri, 12/03/2010 - 21:05 | Link to Comment ajax
ajax's picture

 

Pasteurised is bastardised. No such thing as "good" pasteurised cheese.

AU LAIT CRU and MOULE A LA LOUCHE are what you want to see on the label before you buy. If not you are being ripped off.

Fri, 12/03/2010 - 22:18 | Link to Comment Bob
Bob's picture

Pardon, monsieur,  I should have said the only good processed cheese.  I  too am a cheese snob. 

The strange thing about that gobmint cheese was that it truly approached extra-sharp cheddar with some serious texture to boot.

Perhaps it was aged for decades in cold war depots before distribution. 

Ah, the good old days.

Sat, 12/04/2010 - 00:26 | Link to Comment palmereldritch
Sat, 12/04/2010 - 06:28 | Link to Comment cossack55
cossack55's picture

The secret ingrediant was Solyent Green.

Fri, 12/03/2010 - 17:21 | Link to Comment AccreditedEYE
AccreditedEYE's picture

I want to say it just can't keep getting any worse, but every time I do Ben & the Crew prove me wrong... At some point, I don't know when, valuation will have to matter again. Till then, we have Harry to lead us through Wonderland.

And speaking of Harry, for such a "strong equity" day, AAPL had a real shitty close... tops suck, look out below.

Fri, 12/03/2010 - 17:21 | Link to Comment Dagny Taggart
Dagny Taggart's picture

Harry Potter or Harry Houdini?

Fri, 12/03/2010 - 17:32 | Link to Comment AccreditedEYE
AccreditedEYE's picture

lol Hairy Wanker

Fri, 12/03/2010 - 17:41 | Link to Comment Dagny Taggart
Dagny Taggart's picture

The Wankster will wish he had somethin' up his sleeve when he sees his portfolio. Gold 1415.

Fri, 12/03/2010 - 17:19 | Link to Comment it aint paranoi...
it aint paranoia if they really are out too harm you's picture

Banana Republics don't print money using the world's currancy.  Or put their military everywhere on the globe. 

 

Also, the juntas wear cool uniforms full of bright shiny metals.  What a cool name. Junta. I'm changing mine.

Fri, 12/03/2010 - 17:24 | Link to Comment CrockettAlmanac.com
CrockettAlmanac.com's picture

Jingo bells, jingo bells, jingo all the way...

Fri, 12/03/2010 - 17:56 | Link to Comment akak
akak's picture

Nicely done!

Fri, 12/03/2010 - 18:44 | Link to Comment it aint paranoi...
it aint paranoia if they really are out too harm you's picture

I've got to learn to be more clear and clever on this website.  I meant that Banana Republics can't do the harm we have done.

 

Likening the USA to Banana republics is insultiing to the the banana republics.

Fri, 12/03/2010 - 19:06 | Link to Comment akak
akak's picture

Agreed ---- it's even insulting to bananas!

 

Fri, 12/03/2010 - 19:38 | Link to Comment MachoMan
MachoMan's picture

I dunno, I've definitely harmed some toilets with green bananas...

Fri, 12/03/2010 - 17:20 | Link to Comment johngaltfla
johngaltfla's picture

I'll gladly trade you my food stamps for a February 95 SPY put today....

Fri, 12/03/2010 - 17:21 | Link to Comment I am more equal...
I am more equal than others's picture

SNAP is the more accurate indicator when it comes to the unemployment rate. 

Fri, 12/03/2010 - 17:31 | Link to Comment SheepDog-One
SheepDog-One's picture

Certainly counts everyone. Better than some pinhead taking a phone poll of a couple hundred people.

Fri, 12/03/2010 - 21:36 | Link to Comment Vergeltung
Vergeltung's picture

well said SD1

Fri, 12/03/2010 - 17:21 | Link to Comment Freebird
Freebird's picture

Cake for all

Fri, 12/03/2010 - 17:22 | Link to Comment CitizenPete
CitizenPete's picture

Amerika! Fuck Yeah!

My fav. Amerika Theme Song: 

http://www.youtube.com/watch?v=xFVdvXGIT34

 

When the heck is the Sovereign Man seminar in Panama again?

Fri, 12/03/2010 - 17:41 | Link to Comment ronin12
ronin12's picture

February 18th. Be there or be stuck in the USSA at the wrong time.

Fri, 12/03/2010 - 17:23 | Link to Comment Ragnarok
Ragnarok's picture

This is good news as per MSM logic, as these are uber-consumers and will spend that money post haste! Buy the dips! ;)

Fri, 12/03/2010 - 17:25 | Link to Comment CrockettAlmanac.com
CrockettAlmanac.com's picture

Buy the dips!

Onion and sour cream -- yum!

Fri, 12/03/2010 - 17:44 | Link to Comment velobabe
velobabe's picture

guaca..mole, dippy

Fri, 12/03/2010 - 17:23 | Link to Comment Mentaliusanything
Mentaliusanything's picture

Thats good ...... Isn't it????

This not so good............

http://calculatedriskimages.blogspot.com/2010/12/european-bond-spreads-dec-1-2010.html

Its all "up" from Here

Fri, 12/03/2010 - 17:51 | Link to Comment erik
erik's picture

Euro spreads came in further today across the board.  Though importantly, Spain, Italy, Belgium appear to have stopped their freefall in yields.  Portugal and Ireland bonds were bought strongly today once again.  The upward trend is still intact though.  Maybe Merkel's comments will get them rising again.  It is just a matter of time until they start rising again.

Fri, 12/03/2010 - 17:26 | Link to Comment Clapham Junction
Clapham Junction's picture

I'll be reading my A. Gary Shilling "Insight" that arrived today.

It will give me something to read before Prechter's "Theorist" arrives......

 

P.S.  I love CNBC!!!!  Can't wait for my heroes  Cramer and Kudlow...gonna get a bucket of fried chicken with my food stamps and watch 'em back to back on my NEW FLAT SCREEN...BOOOOOYAHHHHHH!!!!!!!!!!!!!!!

Do NOT follow this link or you will be banned from the site!