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Pento is awesome.
These are the times that separate the men from the boys. Easy to be a bear at 666, hard to be a bear at 1060 (the irony in that!!!).
Remember all the people who laughed at Schiff in 2006.
Looks like Pento was wrong.
can someone pull a piece of data on Mike Darda and see which college he attended. He looks like an ivy league douchebag who beats a 5000 $ whore with a curling iron because he can not achieve an erection without having a 10g of coke in him and a picture of a mexican midget wrestler glued to the whores back. And also; Kudlow seems less coke crazy than in the previous clips.
He's a badger, surprisingly.
Chris Farley party school (lots o' blow), perhaps not that campus. Don't you love how Darda faces reality in the end?
Not that one, and minus the blow.
So, he's a Big Ten douchebag, who beats a $5 whore with a bratwurst because he can't get an erection without a six pack of Old Style in him and a picture of Brett Favre on the whore's back?
Also, just to get a feel for how the world economy really is, how's the import/export business these days?
Import and export are both terrible, to say nothing of my architecture practice.
However, the latex manufacturing is holding up well, even in these troubled times...
He graduated with honors in economics, journalism and public relations from the University of Wisconsin at Whitewater.
Never heard of it.
He reminds me of Christian Bale in American Psycho. Like he would kill you if you had gotten the egg shell background on your business cards.
Patrick Bateman: He was into that whole Yale thing. Donald Kimball: Yale thing? Patrick Bateman: Yeah, Yale thing. Donald Kimball: What whole Yale thing? Patrick Bateman: Well, he was probably a closet homosexual who did a lot of cocaine. That whole Yale thing.
Paul S. - great scene with William Dafoe. Watch out for those yalies and those harvard and princeton boys.
Skull and Bones, secret hand shakes and don't turn in Jack the Ripper...and such.
Willem - sorry for the spelling error.
Cheeky, who's curling iron would Mike Darda be using (his own maybe?) and what's so stimulating about Mexican Midget Wrestlers? :>)
BTW, Darda looked like he was well along snorting that coke.
"BTW, Darda looked like he was well along snorting that coke."
And not nearly as entertaining as a drunk Charlie Gasparino.
Actually, it looked like a painfully sedate interaction - opposed to the usual demeanor.
CB, will you marry me? My lunch is all over my keyboard. Rapacious lexicon. Love it.
b) are you even a non-surgical she
c) WTF is up with all the marriage proposals im getting here ...
It's the face Cheeky that's turning everyone on. Have you seen your picture lately? Drives men and women wild.
He asks everyone to marry him.
CB, you couldn't be more off-base on this one. Except for the Kudlow part, that is spot on.
how am i off base; darda has a striking percentage in the area of .004 on his calls over the past 2 yrs. And whore, blow mexican midget was just speculation
CB, your use of understatement is nothing short of brilliant.......
michael darda proving that sometimes violence is the answer.
reminds me of the recent expose how the extreme majority of economists will have a difficult career path if they are critical of the Fed.
didn't they say that darda is an economist?
Yes, and you are correct about the influence in the profession. Especially when your mentors walk blindly over the cliff but never realize or admit they have done so.
Mike is someone you wouldn't want to end up coming to blows with. Never one to throw first, but also never one to avoid conflict. I'd actually like to see Chaz get into it with him sometime in person, to see if the skills are still there.
It is a shame the over-reliance on historical business cycles he still sticks with in the modeling of this faux economy. He's much better than this, and has been in the past - before completely missing it on the last collapse (no small error).
Mike Darda is sharp and insightful. The real story here is that the bear was calling for trouble sooner, and Darda for trouble later. I thought he was pretty balanced. Not sure why that makes him a whore-beating, coke-snorting dummy. But hey, he's probably got more money and a prettier wife than most of the posters who just bashed him, so why not hate him?
WTF is wrong with you people? Do you want every analyst to be walstreetpro?
I should clarify which Mike I referred to - Darda. Overlooked the fact that this post started with another Mike in the title. I don't know Pento other than seeing his clips, but I agree with him in this case.
I think Wallstreetpro and MD have a lot more in common than anyone here would guess.
<double post> sry.
Holy smokes what next :eek:
John L. Perry"There is a remote, although gaining, possibility America's military will intervene as a last resort to resolve the "Obama problem." Don't dismiss it as unrealistic.
America isn't the Third World. If a military coup does occur here it will be civilized. That it has never happened doesn't mean it wont. Describing what may be afoot is not to advocate it."
Total ripoff of "Seven Days In May" 1962
and many more...
Oh, it's happened here...
I don't even need to watch this. Michael Darda is a hack!
looking @ pisani and epic ass bartiroma
wtf happend to simon hobbs? intelligence combined with a voice that doesn't grate on my nerves. only cnbc could have fucked that up....
Lizzy, two posts in two days about Simon Hobbs. I think you have a crush. Though I agree that Simon seems somehow different...er better, which explains the quick hook he got from CNBC.
BTW Pigpen's been looking to ask you out on a date but he thinks he's too dirty for you. Say it ain't so Lizzy, say it ain't so. :>)
Simon Hobbs is famous for attending the Berlin Love parade ;-)
I like Simon's style, he's was great when he was lead on Euro Close.
Simon and "Porn Star" Mrs Drury should be US closing bell's line up!
He sure ripped asses on Fast Money a few
days back. Slammed the Fed, Monetary Policy, etc... . They are gonna have to give him something to "reconsider" things.
it's not in cnbc's nature to better itself. good is bad and bad is good, case in point DK, kudlow and Capitan JC.
sucker for intelligence, the voice (if only they had rosetta stone product so one could learn a proper british accent) and that often under appreciated "pot stirring" skill set.
Darda was claiming in spring and summer of 2008 that the place to be was stocks as we would have a rebound in the second half of the year. Great call moron. He is doing the same thing now. He's a broken record "stocks, stocks, stocks".
Moreover, even if we get a positive GDP # in the 3rd quarter it's clearly an anomaly based on government intervention and not growth. It will soon be followed by a second dip down that absent another government "stimulus" will lead to another tailspin in the markets.
perhaps he is gunning for a job at bac/ml as bianco's second in command suckup.
Got this from Grayson this morning.
Last Friday, when we held our first hearing on HR 1207, the bill to audit the Federal Reserve, I knew I was doing the right thing.
That's why I wasn't afraid to ask Fed General Counsel Scott Alvarez "whether it is within the Federal Reserve's legal authority to try to manipulate the stock market or the futures market."
I also knew that I was making a large number of people -- people who have benefited from the Fed's refusal to tell me or any other member of Congress which banks got their money -- pretty angry.
When you speak the truth about what needs to be done to fix the current mess we're in, you make a lot of friends. But you also make a lot of enemies.
And those opponents have put a big target on my back in 2010.
Will you help me fight back by making a contribution to my campaign before the September 30 fundraising deadline?
To give you a sense of the power of these banks, just look at what happened earlier this year. In June, the Wall Street Journal reported that a coalition of financial firms and trade groups donated $286,000 to the campaigns of members of the House Financial Services Committee in the first quarter!
They no longer liked an accounting rule that required them to report billions of dollars of losses on the mortgage securities that helped create our current mess. The banks and their deep pockets won, getting members of Congress to push for a change in industry accounting standards. The results were fatter "profits" for the banks in the second quarter.
These firms haven't given a dime to me because I don't abide by the pay-for-play rules of Washington.
Instead of the banks, I need to turn to you for support. Please contribute to my campaign to help me fight against the sick pay-for-play culture of Washington.
The big banks are going to bankroll my opponent to the tune of millions, because let's face it, I'm the kind of Congressman who causes them too much trouble.
I need your support to show any potential opponent that standing up to the wheels of power may have made me some enemies -- but that my friends will be fighting with me every day.
Please make a contribution to our campaign before tonight's crucial midnight deadline.
Thank you for your support.
Alan GraysonMember of Congress
Did that come from a .gov address this time?
No, just like the last one it came from "Rep. Alan Grayson" <firstname.lastname@example.org>
It also said:
Paid for by Alan Grayson, Democrat, for U.S. CongressFEC #C00424713
Jane Hamsher loves her some Grayson, huh? I hadn't heard from/about her since Ned Lamont flamed. Glad to see she is supporting progressives with stones for a change.
yeah, those mass e-mails can get quite expensive. lol
Only a 286 grand payoff in one quarter to get that FAS 157 MTM "emergency suspension " done ??
Damn, the Banksters made billions and bought mountains of time to stay alive getting that voodoo accounting approved. All the CongressCritters had to do was waterboard FASB while the SEC was off in the bathroom puking on too much Madoff.
You'd think our honorable representatives in the House Finance Committe would have some dignity and demand much more from the Banksters ..... off line, so to speak.
Ooops......silly me. They probably already thought of that.
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