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Market Celebrates Just Announced Record Foodstamp Usage By Closing At 2010 Highs
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
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I love fat babes and vodka on a day like today.
Is what they say about fat women true? They great at sucking cock because: (1) they're desperate; and (2) they're hungry?
Booyah, Igor! Damn - I knew those Ruskies were clever devils.....
No more sticky foodstamps, just swipe that pre-loaded JPM money for nuthin' card. No pesky over-limit fees, either. It's a SNAP.
The prosperity dichotomy. We are rich not because of our productive capacity, but because of our borrowings. Too bad we can't create commodities in the same way we create debt instruments.
Somebody tell these poor people to buy the effing dip. You should be buying Netflix, not day-old bread. The Bernank helps those who help themselves.
But at least we got Wikileaks. The nation is safe again.
I find my lack of faith disturbing.
Someone in your position should! Defying Gravity is no way to go through life, pardner! :>D
ES
Bears next week.
http://99ercharts.blogspot.com/2010/12/es.html
http://www.zerohedge.com/forum/99er-charts
Things are just getting sad.
I just hope that when this all implodes, Tyler, the gang and us at least get a feel for when it might be. Ya know it will be on a Sunday night, with Tokyo starting it and we will be limit down in all before the open.
No top tick guys, just within 10%. I thought I had a clue but no way. Long, gold, silver, miners and a couple of oils.
No AMZN! But, no shorts.
My guess is around MLK weekend.......happened before, remember?
That was my Livermoore moment....ah, the good old days.....
Good point. WTSHTF ZHers will need a sign/countersign system to avoid getting accidentally disappeared via 7.62x39
Zero-Hedge seems a little obvious
Maybe a counter-counter sign
Harry-Wanger-dipshit
Uncle Ben "Reverse Repo" Bernack ...
60 minutes on Sunday/ QE-2 may be larger than 600 Billion.
Thanks for the heads-up! Gonna record it and watch along with Boardwalk Empire!
When did this hit the wire today? Looks like near the close. This would be the reason for the massive explosion into the close then.
anyone checking on gun prices ?? may be good indicator of things to come.
Gun prices are at an all time low... CDNN has Colt AR15s for $699. Couldn't have gotton one for under $1100 a few years back...
wow thats a lot of fire power for 700 green ones.. half an ounce of gold...
Not true.
CDNN sells gun PARTS, and I think what you were looking at is an AR upper assy for $699? Build a complete gun, and youre looking at $1,400 easy, no add on parts.
Hell you can hardly find a bare bones 1911 .45 these days for under $700.
There are still deals. Saw a bushmaster .308 (AR style) a few weeks ago for 799+ tax. Came ORC so have to buy optics for it but most people do that anyway.
Love 1911 but would not buy one now. Springfield XDM (glock clone) is cheaper (low 600), better ammo capacity. Good 1911 can easily tip past 1k now, the Kimbers are insane.
Love my 19 + 1 XDM.
Sub-compact XD is great for around town when I don't want to carry the 4.5".
Most people I know never consider AR-15 pistols; some say it's girly. But if the Brady gun-grabbers knew anything about guns it would likely top the ban list. Concealable (legally with permit in most states), 30 rounds, defeats level III armor. When it comes to a rifle I'm all about the M1A but not so great for every situation. Take the wheel and hand your buddy one of these:
http://www.youtube.com/watch?v=uL_mlvnw21g
Tell me about it. I'm sitting on a waiting list for two Remington 1911 R1's. And when they finally show up, I don't expect to pay 15% off list -- the dealer is going to do what he's done before: "I can sell these at full price to the next 20 people on the list. Do you want them or not?"
So I pay up. And get the rosewood grips.
Monkeyhammer for Gonzo Lira'
Just for fun, I thought I'd share this with you. Way back in the late 70s I bought two AR-15s, paratrooper model, and 2000 rounds. In the early 80s I auctioned them off in the cattle pit at the CME and sold them for $1500 each. I made about 500% on the guns and about 300% on the ammunition. Your price is about a cheap as I've seen them since. Inflation adjusted they are cheaper than the $300 I paid in the 70s; maybe it's time to buy again??
I hope everyone is planning on using these weapons! I might or might not legally own one......but my next career is banking on everyone else using theirs! All I have to say is......protect the one who cleans up after your mess!
I think the guys who wanted them already stocked up over the past 2 years. Hell ammo prices have even come down, though still insanely high to my eyes. Eventually most every man gets to the point where he stops buying guns. What good is 20 guns if you only have the 2 hands? :)
I've seen a SLIGHT drop in ammo prices, still wildly high prices historically though. Right, 20 guns are no real good unless youve got a lot of friends or something, just buy a couple good ones and get plenty of extra magazines and ammo.
Well they are tools and different tools for different jobs. I'm inclined to agree with you, but seems like people who buy quality are also those that buy quantity.
Hey unibomber-one..
Typically, after Halloween, you can get some ass-kicking GI Joe costumes for half off. You could use your savings to buy 45 hams and a shovel.
Do I hear an echo of JohnnyBravo here?
Least Funny at Zerohedge 2010... you win!!!
And the streak of two good comments is over. I'm disappointed, but hardly surprised.
The old saying is:
"Fear the man that owns one gun."
that is a good one, shameful.
my sword, just two hands will do you†
In a word, conscripts. Eventually you'll get tired of standing watch and blasting zombies.
Because you might have to arm 19 of your neighbors in one night!
I remember seeing the lines at gun stores during the LA riots. There are people I love who aren't yet ready to go all the way to an evil black rifle, and people I don't who I won't mind gouging when the time comes. Either way, I stand prepared to provide.
[I think the guys who wanted them already stocked up over the past 2 years. Hell ammo prices have even come down...]---Shameful
I have to wonder how many guns/ammo were purchased with credit card debt, skipped house payments, IRA early withdraws, 401k loans, etc.
Is the current availability of ammo due in part to buyers running out of money and credit?
Well, at least if you lose your $3,000 a month job you can get $600 a month in free food...
No Job for you! Come back, 1 year!
Somebody call Boehner, put it on the chopping block ol' chap!
Is this really happening in America?
Good work, elitists. You are doing a fine job of eradicating democracy in our time...
Anybody got a pitchfork?
I gotta say it again.....
BOOOOOOOOOOOYAAAAAAAAAAAAAAAAHHHHHHH!!!!!
CNBC spouting the all-caps headline right now -WALL ST HAS BEST WEEK THIS MONTH!-
Um wait...isnt it Dec 3rd? WTF?
There are no genuine "poor" in America, where even the street bums carry cell phones and drink caffe lattes. Income to qualify for food stamps is as high as $60K/year in some places, so people on food stamps are not "poor". They simply don't want to pay for their own food.
Out of morbid curiosity, I actually looked into what qualifications to be eligible for food stamps, and they were FAR from what you state or imply. In fact, one may have a MINIMAL income, but more to the point, one may NOT have more than I think $1500 in total assets, aside from one's home and vehicle! So all those 40+ million currently on food stamps do not have (much more than) a penny to their name, or any meaningful savings whatsover. Think about that.
Alas, many of those who are not on food stamps do not have much more than a penny to their name or any meaningful savings whatsoever. They're robbing Peter, paying Paul, and trying to figure out another way to get to the end of the month.
I have no idea what the asset qualifications are for food stamps, so I didn't "state or imply" anything. What I did state, was that income qualifications are as high as $60K per year in some places, which is correct. You may not like it, but that doesn't make it false.
Food Stamp Usage Soars Among Working Families
MARK NIESSE | 10/22/10 04:45 PM (AP)
HONOLULU — Lillie Gonzales does whatever it takes to provide for three ravenous sons who live under her roof. She grows her own vegetables at home on Kauai, runs her own small business and like a record 42 million other Americans, she relies on food stamps.
Gonzales and her husband consistently qualify for food stamps now that Hawaii and other states are quietly expanding eligibility and offering the benefit to more working, moderate income families.
Data from the U.S. Department of Agriculture reviewed by The Associated Press shows that 30 states have adopted rules making it easier to qualify for food stamps since 2007. In all, 38 states have loosened eligibility standards.
Hawaii has gone farther than most, allowing a family like Gonzales' to earn up to $59,328 and still get food stamps.
Prior to an Oct. 1 increase, the income eligibility limit for a Hawaii family of five was $38,568 a year.
"If I didn't have food stamps, I would be buying white rice and Spam every day," said Gonzales, whose Island Angels business makes Hawaiian-style fabric angel ornaments, quilts, aprons and purses.
[..]
Holy shit, this is unbelievable. Where can *I* get me some of that?
Seriously, why bother even working anymore? What's the point? Amidst a sea of immorality, does being moral have any value?
yeah yeah everybody blabbin' about those free-loadin' SOB's "getting food stamps" Ain't it awful! DEFINE "getting", ya chumps. Unless I'm mistaken, it's a sliding scale....the more you earn, the lower the "benefit"
cxl9
You stated above that there are no "poor" in America.
You outed yourself as a fool or a tool.
I volunteer at a couple of places and there are not just poor but actual mental defectives on the streets.
You are a fool.
I said there are no "genuine poor" in America, and there aren't. I lived in America for 40 years and I never met a poor person until I moved to Mexico and encountered true, desperate poverty in some places. And even Mexico is rich by the standards of Africa and much of Asia.
The main points of your reply seem to be:
1. I am a fool.
2. You volunteer somewhere (?) so therefore truly poor people must exist in America.
3. You have met actual (!) mental defectives on the street, and therefore truly poor people must exist in America.
4. I am a fool.
Does that about sum it up?
And in all your time, did you ever meet anyone who was so weak from malnutrition that they couldn't keep flies off of thier eyeballs?
That is real poverty. In America, we have relative poverty, but not really absolute poverty.
oh, BTW, nice trick citing probably the most extreme example; please let me know this: what's the cost of living in Hawaii?
I'm not sure why it's a "trick" to post the data to back-up my statement that in some areas of American people with incomes of $60K/year qualify for food stamps. Regardless of what the cost of living is in Hawaii, if you believe that anyone, anywhere in America with a $60K/year income is "poor" or should qualify for food stamps, then you and I will simply disagree. But you're certainly entitled to your opinion.
You are simply one of those indifferent fucktards that try to make yourself feel better by convincing yourself that the poor in America aren't really poor.. Nice work..
Newsflash... MOST people on food stamps are very poor.. Accept it.. and take a hard look at yourself for trying to believe otherwise.
"They simply don't want to pay for their food" I know, it's like those bankers, they simply don't want to pay for their money. Get a clue
cxl9
Isn't food expensive in Hawaii because it ALL needs to be shipped in?
I don't think 60k goes that far there.
Matter of fact isn't that the argument against increasing taxes on those making 250k a year? That some places are much more expensive to live in than others.
How true. Ben is at starving the rest of the world, especially the poorer countries.
Ben needs an army of glutoons to succeed. The more food stamps are delivered, the higher the demand on food, the more the pressure is on other people.
Tyler, I'd love to see a post about the recently passed "food safety" bill that hands control over all food production to Monsanto and the Feds.
Bananas, peanut butter and tuna. Just not all at once plz.
We keeps 'em fed, and Congress is about to release another round of walkin' around money. Ain't life grand?
Sweet, pile it on. Bread and circus for all!
You know Zimbabwe Ben is kinda like Jesus. He can't make bread and fishes from the ether, but he can summon up fun bux to buy them. Both Jewish guys, both capable of making something out of nothing, second coming? Bet he can walk on water to, right after floating billions of fun bux into the lake.
Sounds more like the Anti-Christ... deceiving with counterfeit miracles... trillions from nothing vs. Jesus just had fishes and loafes - I'll take the fish and bread over worthless paper - wait I may need toilet paper.
Faux Nation For Old Men.
Good one!
I thought it was pretty good myself. Long live Banana States of America!
So we can call BS on increasing job creation in September now?
fuckwit
Bears are going to be in serious trouble if we breakout from here.
But it won't be all bad.
Because if the Dow goes to 13,000, gold is going to $1,650.
the inverted H&S is right there in plain sight for anyone to see, and it confirmed
Jim Sinclair?
On the brink....
Over $24 and the banks will explode higher.
Looks like a lot of rotation out of CMG, NFLX, and into beaten down, junked out, bank stocks.
Looks like rotation into commodities. Where's the oil chart?
I'll tell you what I would like to explode ---- I would like to explode in that girl you use as your id picture.
You mean this one?
Go ahead, man!! Have at it!!
LOL...
she's tasty but no hips...who the fuck is she, besides "trouble"?
Who cares. I'll take her
I agree with Trav.
Must have some junk in the trunk. Not ghetto style, but not a frog standing on its hind legs, either.
Hmm looks like my sister.
Can you get her to come over my house?
Mommy!
You're an ass!
get that woman some food!, STAT!!!!
She is on a protein diet. The line forms behind me.
RobotTrader
What the fuck is up with chicks looking like they are from starving nations? Stick legs, no ass and big fake tits.
Gina: I'm finished speaking to both of you okay? You're both fucking insane. You want to know what your problem is? MTV, Playboy, and Madison fucking Avenue. Yes. Let me explain something to you, ok? Girls with big tits have big asses. Girls with little tits have little asses. That's the way it goes. God doesn't fuck around; he's a fair guy. He gave the fatties big, beautiful tits and the skinnies little tiny niddlers. It's not my rule. If you don't like it, call him. Hey Mitch. Thank you.
[Looking at a porn magazine]
Gina: Oh, guys, look what we have here. Look at this, your favorite. Oh, you like that?
Tommy: I could go along with that.
Gina: Yeah, that's nice right? Well, it doesn't exist ok. Look at the hair. The hair is long, it's flowing, it's like a river. Well, it's a fucking weave ok? And the tits, please! I could hang my overcoat on them. Tits by design were invented to be suckled by babies. Yes, they're purely functional. These are silicon city. And look, my favorite, the shaved pubis. Pubic hair being too unruly and all. Very key. This is a mockery, this is a sham, this is bullshit. Implants, collagen, plastic, capped teeth, the fat sucked out, the hair extended, the nose fixed, the bush shaved... These are not real women, all right? They're beauty freaks. And they make all us normal women with our wrinkles, our puckered boobs, hi bob, and our cellulite feel somehow inadequate. Well I don't buy it, all right? But you fucking mooks, if you think that if there's a chance in hell that you'll end up with one of these women, you don't give us real women anything approaching a commitment. It's pathetic. I don't know what you think you're going to do. You're going to end up eighty-years old, drooling in some nursing home, then you're going to decide, it's time to settle down, get married, have kids? What, are you going to find a cheerleader? Charge it Mitch.
Tommy: I think you're over simplifying.
Gina: Oh eat me. Look at Paul. With his models on the wall, his dog named Elle McPherson. He's insane. He's obsessed. You're all obsessed. If you had an once of self-esteem, of self-worth, of self-confidence, you would realize that as trite as it may sound, beauty is truly skin-deep. And you know what, if you ever did hook one of those girls, I guarantee you'd be sick of her.
Tommy: Yeah, I suppose I'd get sick of her after about, what, twenty or thirty years?
Gina: Get over yourself. Thank you Mitch. Say hello to Gertrude.
Tommy: What?
Gina: No mater how perfect the nipple, how supple the thigh, unless there is some other shit going on in the relationship, besides the physical, it's going to get old, ok? And you guys, as a gender, have got to get a grip. Otherwise, the future of the human race is in jeopardy.
Willie Conway: What was that?
Tommy: I don't know, but a great ass.
Willie Conway: Nice tits. Come on let's go.
Looks like the trophy wife I will get once the one I have been married to for 30 years wises up and decides to get rid of me.
God damn you bastard posting this same bullshit 10 times today, wish youd get hit by a bus.
He rides the LA bus. That LA gas is expensive.
One of the very few limitations of this great site is that it lacks an ignore button option for users. I suspect Robo/Harry would disappear from many of our views if ZH had an ignore button option.
In this case I am missing the "add me to" button.
What a great way to give me a chuckle for the day.
Come on John, this young lady is a marvelous piece of nature. Why not presenting her as an advertising brake on ZH.
Don't be to hard on Robo&Harry, just because you are gay or hanging out frustrated with a fat pig on your side, looking for a life on the other side of that trailer park. At least you have a good internet connection. Loosen up my man!
Tell it like it is........lol
I don't know about bank equities but best deal going right now is buying failed banks guaranteed by FDIC. Of course, you need to be an insider to get in on these sweetheart deals.
Certain bank stocks may be great buys. But how a little guy is to determine the value of mark to market on assets is beyond me.
And when the foodstamp program gets cut because of our insolvency, and the unemployment checks stop coming in, and medicade cuts benefits because we can't afford it anylonger, then what? This black friday video will resemble a food line set up for these very same people.
http://www.youtube.com/watch?v=YOVD-m8urJU&feature=player_embedded
Apt comparison. Thanks!
Exactly. Now imagine all those Black Friday idiots with baseball bats and guns.
Its all good till the panicky dumb herd starts stampeding.
I don't like what you're implying here.
Not that I disagree, just that I don't like it.
19 points on the DOW....big fukin deal. From the orgasmic media and comments you'd think it went from -20 to +300 in minutes. Of course no one on CNBC dares to mention that which shall not be mentioned- PM's.
Let the Merkel Germany out of Eurozone story stick over the weekend and watch out Euro collapse, dollar move up and all the DOW's 'BEST WEEK BY FAR IN THE LAST 3 DAYS' headlines be removed quick...hello DOW 10K fast.
[Of course no one on CNBC dares to mention that which shall not be mentioned- PM's.]---SheepDog-One
That's funny. Yeah, "gold" and "silver" on CBNC are taboo like saying the name "Voldimort" on Harry Potter.
It's ridiculous to watch CNBC hosts avoid PM news. Silver is up, what, 60% YTD. And when they must report---albeit briefly---on PMs, they look terribly uncomfortable.
I'm surprised CNBC hasn't removed Gold and Silver spot from rotation in the market data updated at the top of the tv screen.
Let Merkel this weekend expand a bit on her statements it may be time for Germany to leave the Eurozone, all bets off currencies plunge, dollar gains, and equities are wiped out. The 'new normal' is incredibly weak, the ER patient confirmed ready to win the NY marathon may be a bit of an overly optimistic call Id say.
It may be time for Germany to......leave the Eurozone!
What you see on the horizon is a whiteness of swans. They are wedged and descending into our humble story. Anything is possible.
Nice call Mr Jimi...
hope some of them hungry peoples
are using food stamps to buy bananas
banana republic et al
Crude -- new 2010 high price and closing high. Cotton was limit UP today -- for the FOURTH day in a row! Virtually all the ag commodities were higher on the same day! I follow about 20 of them. Grains -- ALL higher! Softs -- ALL higher! Cattle and hogs -- HIGHER! Even milk and butter futures were higher! I didn't see a single liquid ag futures contract that wasn't higher.That latte will cost you more -- SOON! So will baby diapers (CORN starch).
The NYBOT Continuous Commodity Index hit a new weekly closing high. At this rate, it will likely hit a new daily closing high on Monday.
It was a cold Friday morning when the sun cracked over Washington. Ben had just put on his slippers and was making some coffee. He grabbed his bottle of Malibu and took a whiff, then he pured a little into his drink. He walked into the living room he shared with Timmah. Timmah was crazy eyed from drinking 4 Lokos all night with Orzag. They had been awake all night. Orzag hadn't been at the tree house for quite some time.
"Ben, what should we do about the dollar?" said Timmah as he looked up from his PPT video game platform. Orzog laughed with relief that he no longer had to pretend he had an interest in anything but banking. "Bang da hoe!" Blackhawk responded, and he repeated himself with enthusiasm while he pumped his fist holding his mug. It spilled over as he shook it. "Bang...da....hoe!!!"
You have QE in Europe and QE in America along with money- pumping in China, QE in Japan, both a yen and dollar carry toward emerging markets and commodities jump.
Bernanke and Trichet have the speculators' backs and M2 is rising as finance gives itself the ammo to buck up crude, gold and silver even as foods take a breather.
This is the 'Niewe Growth', three- card monte- monetizing and bailouts, robbery of Eire and US taxpayers, F/X games and lawbreaking.
So much for working hard, coming up with a new idea, saving your money, starting a business, getting the word out and earning a nice living, supporting your family. All that has been replaced by lies and racketeering, insider corruption and payoffs to politicians.
CNBC and the Wall Street Journal might call this a recovery but it is only if everything that has been said about America and capitalism as the light of the world and the way toward progress and human development is a complete lie.
You summed it up.
Exactly, it's a double edged sword. But then again, nobody believes there will be inflation...LOL... Let them have their Wall St. parties because everytime they do they poke another 20 thousand citizens with it. It's going to turn on them eventually and when it does there will be no rocks left unturned to find them. What I find most amusing is the market still needs to gain 100 more points to hit the highs of OCT 1999. BaWaHaHaHa Weve come so far in the last decade haven't we?
At which point, we will STILL be approximately 60% under the (real) inflation-adjusted high of October 1999.
Whatever happened to "Always up 8% a year"? LOL!
Hog and cattle are going nuts. 16% price jump at the store in a week.
What a day of joy and rejoicing! We have become the most indebted and dependent people in all of human history!
Well when do people wake up and its hits them in the face.
9.8% unemployment rate, 42.9 million on foodstamps, housing market still going down hill.
The cost of oil going ( i.e gas ) The good people over in Europe broke.
The people in Washington just turn to pick up their pay checks.
The Fed just going on printing more and more money just to buy more and more
the U.S.A debt oh and the Worlds debt.
So when will people see the light?
Dude, isn't it obvious?
NEVER.
Actually I am following this site to see what charts Robo is showing. All the other bearish BS about double dip, death cross etc lost me a ton of money this year.
Not if you bought gold. How could you be so dumb not to do that. Seriously.
42.9 million, that is twice the population of Australia that can't feed themselves in what is supposed to be the worlds premier economy and democracy.
And what is happening. The Bernank wants everyone to feel richer by pumping up the market. Has it achieved anything? Are people now rushing out buying more because they feel richer? Well it is a lie of course, The Bernank is endeavouring to ensure the top 1% can get their hands on as much of the US assets as it can. Gives Bank Robbery a new meaning. When somebody says 'bank robbers' you immediately look for pin-stripe suits.
What is the critical mass? What is the social detonator that turns the US into Greece?
The most intersting thing about the US compared to most countries is just about everybody has a gun or two. The potential for a series of lunatic breakdowns and breakouts across the country due to total exasperation must be increasing exponentialy.
I suspect over the past few years the US has bred a whole country load of domestic terrorists, bent on revenge on the 'haves'.
Do all the guns here increase the danger exponentially... or does it make it more probable that nothing will happen for fear of the response?
We're building 37 low income and disabled housing units for the low price of 10.7 million dollars. That's 37 winners and about 10,000 losers.
But divide and conquer: Priceless.
On the topic of commodities. Cocoa is still stuck in a range, but the World's largest producer, the Ivory Coast, MAY be moving towards civil war again.
http://www.bbc.co.uk/news/world/
See the related stories on BBC World News. Borders closed to all traffic in and out. Cocoa doesn't seem to have made much of a move out of the range yet though, I'm not too clued up on the supply/demand situation for cocoa, but with commodity inflation look to start up this situation seems like it should result in a move out of the range.
Remember the guy who cornered the EU's cocoa market a few months back? be interesting to cross reference those stories.
http://www.telegraph.co.uk/foodanddrink/foodanddrinknews/7897075/British-financier-Anthony-Ward-behind-658m-cocoa-trade.html
You don't want to be in the bottom 20% of this country, future is very bleak.
No, they mow my lawn. what's the problem?
"These two facts explain everything that is happening in this unrecognizable banana republic."
No, it's the U S of A. We all recognize it.
I love bananna's!
5 year supply of bananna's?
Where do I sign up?
More food stamp usage == more money to be spent on beer, cigarettes, video games, cell phone plans, etc. And more food bought == more money in a businessman's pockets.
Party on, Mr. Retailer.
More money into benefits is a form or stimulus spending and quantitative easing.
The money gets spend straight away, directly into the mainstreet economy.
How much under $356,780 a year do you have to make to get food stamps?
Frankly, after buying my sailboat, I'm feeling a bit stretched.
Where do I apply?
So anyway, I'm on a flight coming back from Singapore the other day.
Would you believe it, there was a Black guy in first class-in my row!
What the hell is going on?
He was probably flying to Rhode Island, to bang desperate women like Ms. Kaplan, who's welfare is about to run out.
http://www.nytimes.com/2010/04/11/us/11welfare.html?_r=1&ref=food_stamps
"Hey! Where da white women at?" They're right here, my brother.
i know-a,
i was on-a flight coming back from singapore the same day and there was an asshole in first class.
what the hell is going on?
Yeah, that was me. So, I guess, um, you were that fella' I mentioned?
Sorry 'bout that, really, a lot of my friends are, um, Black.
apology accepted. by the way, i'm an italian black man. i look like george jefferson, except with a huge moustache.
hey, go ahead, you can say nigger.
Oh, come on....
Shouldn't have started, not my bag.
Sorry.
At least you're not a nagger. Those people annoy me!
Since we're on the subject of racism, here are a few jokes for you:
Why are all the blacks moving to Detroit?
They heard there's no jobs there.
Why did Harlem plant a bunch of trees last summer?
Public Transportation Project. <swing!>
What's the difference between a white owl and a black owl?
White owls say who, who. Black owls say who DAT, who DAT.
Send Obama back to Kenya! I want my White House back!
Palin/Conservatives/Tea Party/Assassinate Assange 2012
Yeehaa!! Go Republicans!
Just a dumb redneck paying a massive premium for seating that fills his emptyness with a cheap substitute for an ego.
Ooh, that reminds me, I hafta buy a zerohedge hat to wear to the Giants game on Sunday.
I have gold and hold it. Gold is not easy to trade,and many stocks, retailers for ex. and EM ETFs have done 50-100% year to date. Gold didn't do that (Silver did much better), and stocks fall a lot in corrections, when u can buy the dip:)
Robo really follows the momentum well. And I dont think there is much reason to follow this site daily, if u just buy and hold. It is clear, economy is bad , unemployment will stay high, since a big part of the economy, housing, will never come back to the state in mid 2000s, and the jobs in that industry are gone for good.
Interest rates in US and other developed countries will be real negative for years possibly, and currencies debased, to inflate away the debt. Just hold your gold, until you see a possibility of a rise in interest rates. My goal is to make money timing and trading the market, a household name ANF for example broke above 40 just mid October, and closed over 56 today.Robo was flagging the retailers in those days.
Amazing how on a board as big as this one. With hundreds of posters.
There are only two bulls. (Me and that other guy Harvey Wanger)
And by the way, I'm only a bull as long as the market is going up. If she turns south, I'll go with it and start loading the short wagons.
But for right now, I'm just riding her up....Or is she riding me?
LOL...
What a shallow, puerile piece of daytrading shit you are, RobotWanger. Your juvenile soft-porn postings are an insult to this forum, and to Tyler Durden who inexplicably continues to allow you to post your trollish nonsense in virtually every thread.
Normally a dude that makes a statement like that doesn't have a clue or 2 bucks worth of trades.
He is clever though with the pix and all.
His comments don't add any value to this forum, but his borderline porn postings certainly subtract from the credibility of ZeroHedge, particularly inasmuch as he is an ostensible contributor here ---- although what he contributes beyond bouncing jugs and thong-flossed buttocks continues to elude me.
He's wrong anyway. Lots of Bulls here...PM Bulls that is.
Why do people equate that with "bearish" on everything else?
Very good point BayofPigs.
Mahalo!
"thong-flossed buttocks continues to elude me"
cheer up-a, you will get some one day.
He adds quite a bit of practical trading info, if you actually want to make money. Stubborn, angry and unemployed bears are not interested in that, it seems.
And, as Robot himself points out, he adds a different opinion. Remember, without that this is nothing more than everyone jerking each other off. No thanks.