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Presenting The Administration's Spin On The Dying Dollar

Tyler Durden's picture





 

Wondering what chart is in the memo that expert Fed reporter Steve Liesman just may have received with instructions to spin (literally) for public consumption? Wonder no more.

 

 


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Fri, 04/08/2011 - 17:00 | Link to Comment Caveman93
Caveman93's picture

BTFD homies!

Fri, 04/08/2011 - 17:03 | Link to Comment the mad hatter
the mad hatter's picture

POLISH THAT TURD.

 

it's going to be an interesting sunday on GLOBEX

Fri, 04/08/2011 - 17:40 | Link to Comment Mr Lennon Hendrix
Mr Lennon Hendrix's picture

Doe, a deer, a female deer, ray, a drop of golden sun!!!!!!  These mushroom eating pagan illuminatti play childrens games.  Paper is not monie.  It is an IOU.  IOUs are not stores of wealth, meaning....the doelarr is dead.

Die, die, die my doelarr, don't utter a single word

Die, die, die my doelarr, just shut your pretty mouth

I'll be seeing you again, I'll be seeing you in hell

Don't cry to me oh baby!  Your future is in an oblong box, yeah

Don't cry to me oh baby!  Should have seen it coming on

Don't cry to me oh baby!  I didn't know it was in your power

Don't cry to me oh baby!  Dead end girl for a dead end guy

Don't cry to me oh baby!  Now your life drains on the floor.....

Fri, 04/08/2011 - 22:57 | Link to Comment disabledvet
disabledvet's picture

that doesn't look like a Rothko.

Fri, 04/08/2011 - 23:27 | Link to Comment jeff montanye
jeff montanye's picture

looks like what alice saw as she stepped through.

Fri, 04/08/2011 - 23:36 | Link to Comment flacon
flacon's picture

Saul Alinsky is "spinning" in his grave! 

 

RULES FOR RADICALS: #5

5. "Ridicule is man's most potent weapon. It is almost impossible to counteract ridicule. Also it infuriates the opposition, which then reacts to your advantage."

Fri, 04/08/2011 - 17:08 | Link to Comment optimator
optimator's picture

Lies man may appear to be "expert Fed reporter Steve Lies man", but I suspect he's Steve Lies man Fed employee.

Fri, 04/08/2011 - 17:12 | Link to Comment Thomas
Thomas's picture

He's Steve the Dildo

Fri, 04/08/2011 - 23:52 | Link to Comment Blythes Master
Blythes Master's picture

+ 11"

Sat, 04/09/2011 - 00:59 | Link to Comment Id fight Gandhi
Id fight Gandhi's picture

Liesman. His name IS a disclaimer.

Fri, 04/08/2011 - 16:59 | Link to Comment aVian
aVian's picture

f'ing classic Tyler Durden lfmao funny

Fri, 04/08/2011 - 17:01 | Link to Comment Irwin Fletcher
Irwin Fletcher's picture

Yep, I just spit whiskey.

Fri, 04/08/2011 - 18:08 | Link to Comment YouBetYourLife
YouBetYourLife's picture

There is nothing wrong with your television set.

We are controlling transmission.

We will control the vertical.

We will control the horizontal.

We can flip charts to make it look like a recovery.

We can ignore any facts we wish.

We can parade an endless stream of self-serving fools . . .

Fri, 04/08/2011 - 18:09 | Link to Comment knukles
knukles's picture

Bernays would try to hire you away to the dark side.... 

Fri, 04/08/2011 - 18:47 | Link to Comment Mentaliusanything
Mentaliusanything's picture

That Graph can't be 'Spun" ya need a good Mirror.

Mirror Mirror on the wall who's the Dumbest one of all

Ben look what you done now boy

Fri, 04/08/2011 - 19:14 | Link to Comment Miss Expectations
Miss Expectations's picture

+74

Fri, 04/08/2011 - 17:00 | Link to Comment Dr. Porkchop
Dr. Porkchop's picture

I can't read Russian.. what does it say?

Fri, 04/08/2011 - 17:17 | Link to Comment Drachma
Drachma's picture

"In Soviet Russia chart spins you!"

Fri, 04/08/2011 - 17:55 | Link to Comment cougar_w
cougar_w's picture

winning

Sat, 04/09/2011 - 09:55 | Link to Comment ZeroPower
ZeroPower's picture

LOL

 

Fri, 04/08/2011 - 17:00 | Link to Comment buzlightening
buzlightening's picture

CNBS Flash: Zimbabwe backs US treasury; saves dollar! 

Fri, 04/08/2011 - 17:07 | Link to Comment aVian
aVian's picture

then you know we are fukedshimaded

Fri, 04/08/2011 - 18:16 | Link to Comment rocker
rocker's picture

That's it. I going to Ebay and buying Zimbabwe bucks. At least their's stopped falling. And they have good dirt.

Fri, 04/08/2011 - 17:02 | Link to Comment Cognitive Dissonance
Cognitive Dissonance's picture

Too funny.

Good enough for government work.

Fri, 04/08/2011 - 17:08 | Link to Comment Cindy_Dies_In_T...
Cindy_Dies_In_The_End's picture

heh, heh. Nice.

Fri, 04/08/2011 - 17:01 | Link to Comment eatthebanksters
eatthebanksters's picture

Hold it up to a mirror!

Sat, 04/09/2011 - 08:41 | Link to Comment Mr. Mandelbrot
Mr. Mandelbrot's picture

awesome . . .

Fri, 04/08/2011 - 17:04 | Link to Comment Misean
Misean's picture

That's a relief. Squiggly lines going up make me happy...reminds me of the 80's...

Fri, 04/08/2011 - 17:09 | Link to Comment cougar_w
cougar_w's picture

Reminds me of LSD.

Happy go boom.

Fri, 04/08/2011 - 19:16 | Link to Comment nmewn
nmewn's picture

Needs more vibrant colors ;-)

Fri, 04/08/2011 - 17:07 | Link to Comment onlooker
onlooker's picture

I think Igot my glasses on backwards.

Fri, 04/08/2011 - 17:08 | Link to Comment Misean
Misean's picture

dupe

Fri, 04/08/2011 - 17:08 | Link to Comment Col. Parker
Col. Parker's picture

Home Run.

Fri, 04/08/2011 - 17:08 | Link to Comment Stoploss
Stoploss's picture

Great way to start the weekend, i needed a good laugh!

Fri, 04/08/2011 - 17:06 | Link to Comment breezer1
breezer1's picture

too fucking much. i need a drink.

Fri, 04/08/2011 - 17:11 | Link to Comment Commander Cody
Commander Cody's picture

I need two.

Fri, 04/08/2011 - 17:56 | Link to Comment Ruffcut
Ruffcut's picture

Make that ten. Inflation, you know.

Fri, 04/08/2011 - 17:06 | Link to Comment mcarthur
mcarthur's picture

While the gains in the S&P were greater than the drop in the $ it made sense for guys like me living on $C to stick around.  The relationship has collapsed recently and I have repatriated all funds back to the great still white north.  I'm probably just one in a stampede.  Your pushing on a rope Bernake.

Sat, 04/09/2011 - 01:45 | Link to Comment StychoKiller
StychoKiller's picture

Rope?  More like a tiger's tail -- wait till kitty wakes up...

Fri, 04/08/2011 - 17:09 | Link to Comment breezer1
breezer1's picture

too fucking much. i need a drink.

Fri, 04/08/2011 - 17:13 | Link to Comment Mae Kadoodie
Mae Kadoodie's picture

it's happy hour i'm going to pay for my two drinks with a silver eagle.

Fri, 04/08/2011 - 17:29 | Link to Comment SilverBaron
SilverBaron's picture

Either those are some expensive ass drinks or you are leaving a nice tip.

Fri, 04/08/2011 - 17:11 | Link to Comment Alert
Alert's picture

LOL....I can't stop laughing.  Tyler you're the best!!!!

Fri, 04/08/2011 - 17:13 | Link to Comment tyler
tyler's picture

Thanks.

Fri, 04/08/2011 - 17:15 | Link to Comment EvlTheCat
EvlTheCat's picture

LOL^2

Fri, 04/08/2011 - 17:53 | Link to Comment DosZap
DosZap's picture

I need a mirror.................

Great Spin Tyler.

Fri, 04/08/2011 - 17:13 | Link to Comment topcallingtroll
topcallingtroll's picture

The news of the FRN death has been greatly exaggerated. We may be close to an intermediate low at least. Dont call a federal reserve note a dollar, or your paranoid gold bug credentials will be in doubt.

But this is the real tyler. Good one!

Fri, 04/08/2011 - 17:15 | Link to Comment bob_dabolina
bob_dabolina's picture

No...

Liesman would have that chart on a 30%  counter clockwise rotation to truly give the illusion of a rising trend

Fri, 04/08/2011 - 17:20 | Link to Comment Seasmoke
Seasmoke's picture

LIES MAN, they are laughing at us for sure

Fri, 04/08/2011 - 17:19 | Link to Comment vast-dom
vast-dom's picture

enwhe illwe ethe ussellRe 0001e ankte?

Fri, 04/08/2011 - 17:56 | Link to Comment cougar_w
cougar_w's picture

.won yad yna

Fri, 04/08/2011 - 17:18 | Link to Comment breezer1
breezer1's picture

there is no need for spin on anything. i just watched the news and there wasn't one mention of the dollar, gold, or the many millions of people glowing in the dark in japan. central planning at its best. we who have seen this coming will not be left out in the cold but there will be no enjoyment looking out at the snowflakes covering our friends and neighbors.

Fri, 04/08/2011 - 17:38 | Link to Comment NotApplicable
NotApplicable's picture

I'm assuming the talk is all about the DC follies?

Sat, 04/09/2011 - 01:45 | Link to Comment StychoKiller
StychoKiller's picture

Si, but the kabuki let out at 11:00 pm EST! :>(

Fri, 04/08/2011 - 17:26 | Link to Comment baby_BLYTHE
baby_BLYTHE's picture

This is what will happen once fix income retirees cannot afford basic living essentials:

http://www.youtube.com/watch?v=R7Q2XGf4TCY

We are going into an Inflationary Nightmare! What the h*** is wrong with these people in Washington and the FED?

Like Marc Faber says about chairsatan, "He will be disposed".

Fri, 04/08/2011 - 17:59 | Link to Comment InconvenientCou...
InconvenientCounterParty's picture

has anyone just tried pouring some water on BB? I seem to recall that working once on a witch. It seems we are in uncharted territory, so maybe it's worth a try?

Fri, 04/08/2011 - 17:22 | Link to Comment Agent P
Agent P's picture

This previous Super Bowl commercial shows the spin in action (and it even has the appropriate cast members)...

http://www.youtube.com/watch?v=VRrMu7B1L2I

 

Fri, 04/08/2011 - 17:23 | Link to Comment Gimp
Gimp's picture

Lies man -  Bag boy for the boys downtown

To avoid all future propaganda, turn-off  CNBC, FOX, CNN, Bloomberg ......and all other corporate news networks. 

Fri, 04/08/2011 - 17:23 | Link to Comment bania
bania's picture

I think this is from da Vinci's notebook.

Fri, 04/08/2011 - 17:26 | Link to Comment Rock N Roll Det...
Rock N Roll Detective's picture

I can now buy 4 dinners at applebee's for a silver coin... thanks Benhanky...I knew you had our backs..

Fri, 04/08/2011 - 17:29 | Link to Comment cougar_w
cougar_w's picture

The FRN is down. Well now.

An earthquake, two assassinations and three wars later and it will be back up, but not before someone uses the down dollar to buy America on the cheap.

For some reason, I just get it. Maybe I'm the lost foundling of a lesser Rothschild, with larceny in my bones.  But this sort of thing worries me a lot less than systems complexity. Was a time when a merry Machiavelli could get a handle on things, apply a bit of leverage, tip the world over.

Not any more. The world of men has come off it's casters, seems like. The usual handles just aren't there, you can't pull the right kind of jujitsu move like before. Now, you have to be like in the right place at the right time or shit like that. What the Hell. Einstein was right, God doesn't like dice. But it's random noise now. You just know some crazed drug lord with his own small army is going to be standing Right On The Spot (whatever that will actually mean) when the world of men falls off the rails, and scoop it up for the taking.

I hate it when that happens.

We'll be 300 years getting rid of his ancestors and still not have any oil left. The real Rothschilds would never have let things get out of hand like this. Never.

The dollar is down. Come on now, show us some of that old magic.

Fri, 04/08/2011 - 17:30 | Link to Comment SparkyvonBellagio
SparkyvonBellagio's picture

BURY THEM ALIVE!

Fri, 04/08/2011 - 18:10 | Link to Comment AccreditedEYE
AccreditedEYE's picture

You just know some crazed drug lord with his own small army is going to be standing Right On The Spot (whatever that will actually mean) when the world of men falls

Whoa cougar! 1st come, 1st served. He better get in line

Fri, 04/08/2011 - 17:32 | Link to Comment Beatscape
Beatscape's picture

Fascinating... Yes, this Greek numbered chart represents the inverse relationship of the US dollar to a basket of ROW currencies, adjusted by the Fed's scrubbed core inflation number, when viewed by The Bernanck after a confrontation with Ron Paul.

Fri, 04/08/2011 - 17:34 | Link to Comment Ponziconomy
Ponziconomy's picture

Ahhh... the dreaded Burn-yankee formation. Looks like a breakout!

Fri, 04/08/2011 - 17:39 | Link to Comment NotApplicable
NotApplicable's picture

All it needs is a trendline drawn on it. (they saved that for LIES Man)

Fri, 04/08/2011 - 17:50 | Link to Comment cougar_w
cougar_w's picture

If you average all the data over the time period, the trend is probably flat.

Just say'n

Fri, 04/08/2011 - 17:42 | Link to Comment fastishplastic
fastishplastic's picture

i get it now, it all makes sense - with all the last minute miraculous saves netminder chartisan is making, he's literally standing on his head, and thus the charts are all upside down to him

Fri, 04/08/2011 - 17:42 | Link to Comment SilverBaron
SilverBaron's picture

All that bad Euro news hasn't had the desired effect.  Nothing is working now.  Might be time for the nuclear option.  (literally)  Enough people are realizing that with or without QE3 we are fucked.  Without it we can't pay our bills and with it we cause a complete loss of confidence in our ability to tighten our belts.  Either way the dollar keeps falling.  Eventually everyone does like Korea and dumps so they won't be the last one holding the bag.  BTFWW3!

Fri, 04/08/2011 - 17:52 | Link to Comment cougar_w
cougar_w's picture

There will be a lot of noise and tumult for a short while.

It will all end up where it is headed, regardless.

The world is destined to become a much quieter place.

Fri, 04/08/2011 - 18:15 | Link to Comment SheepDog-One
SheepDog-One's picture

Exactly right, with or without QE we are fucked. No one is fooled in the least any longer. Gonna be a hot summer!

Fri, 04/08/2011 - 17:56 | Link to Comment DosZap
DosZap's picture

http://www.cnbc.com/id/42479791

 

From the great song from Morrison.

The END

Fri, 04/08/2011 - 18:51 | Link to Comment Tyler Durden
Tyler Durden's picture

The song started playing on March 18, 2009: Fed To Buy Treasuries It Prints To Fund US Deficit

Fri, 04/08/2011 - 18:01 | Link to Comment SilverRhino
SilverRhino's picture

They're singing this at the White House tonight ....

$USD: So long, farewell, auf Wiedersehen, good night
Geithner: I hate to go and leave this pretty sight

$USD: So long, farewell, auf Wiedersehen, adieu
Sarkozy: Adieu, adieu, to yieu and yieu and yieu

$USD: So long, farewell, au revoir, auf wiedersehen
Blythe: I'd like to stay and taste my first champagne

$USD: So long, farewell, auf Wiedersehen, goodbye
Bernanke: I leave and heave a sigh and say goodbye -- Goodbye!

 

Fri, 04/08/2011 - 18:14 | Link to Comment SheepDog-One
SheepDog-One's picture

!zehctiB DFTB

Fri, 04/08/2011 - 19:32 | Link to Comment mynhair
mynhair's picture

20.47+

00.27+ neht

Fri, 04/08/2011 - 18:05 | Link to Comment Sabibaby
Sabibaby's picture

Turn that frown upside down

Fri, 04/08/2011 - 18:15 | Link to Comment Doug
Doug's picture

Beauty!  Thanks for the laugh.

Fri, 04/08/2011 - 18:22 | Link to Comment rufusbird
rufusbird's picture

I needed a good laugh today. Especially today...

Fri, 04/08/2011 - 18:23 | Link to Comment CustomersMan
CustomersMan's picture

 

               FED Reporter  -- Steve Liesman ?

 

      That is one of those sophisticated Jewish jokes on us? When they stick it in our ass dry, they get a guy with a name like this to let you know they're rubbing it in?

 

              Is it a FUCKING JOKE or what?

Fri, 04/08/2011 - 18:26 | Link to Comment Holodomor2012
Holodomor2012's picture

It's hell.  And the demonic watchers all have cliche names like Gold, Green, Ruby, Diamond, Silver.  It would be comical if it wasn't so serious.

Fri, 04/08/2011 - 18:28 | Link to Comment whatz that smell
whatz that smell's picture

sex is better when the fed is easy...

praise be the bernank! may he make the big bigger.

Fri, 04/08/2011 - 18:26 | Link to Comment AmazingLarry
AmazingLarry's picture

You know if you dump the $ on it's side, it's a roller coaster with a line through it. Stick a fork'iner, she be done.

I'm Jack's bleeding ulcer...

 

Fri, 04/08/2011 - 19:36 | Link to Comment Hephasteus
Hephasteus's picture

Those lines are the twin pillars of hercules.

Herucles spine just crushed.

Fri, 04/08/2011 - 18:39 | Link to Comment chunga
Fri, 04/08/2011 - 19:31 | Link to Comment mynhair
mynhair's picture

!ti nO

Fri, 04/08/2011 - 19:47 | Link to Comment chunga
chunga's picture

They'e not fooling ANYBODY anymore. I watched a bunch of the guy's video rants. Hilarious. What the heck. It's Friday. I might even go in the garage and smash some stuff myself.

Fri, 04/08/2011 - 18:48 | Link to Comment digalert
digalert's picture

That explains it... Liesman is dyslexic.

Fri, 04/08/2011 - 19:05 | Link to Comment mt paul
mt paul's picture

ever man has a  price 

liesman's

was paid in fiat....

Fri, 04/08/2011 - 19:06 | Link to Comment monopoly
monopoly's picture

Do they pay him at the idiot channel or does he just do this for free meals? Poor bastard. He does not have a clue and I almost feel sorry for him when the Master R.S. just wipes the floor with him....Almost.

 

Fri, 04/08/2011 - 19:40 | Link to Comment tomster0126
tomster0126's picture

Durden, you're too funny brodie.  Lies-man is such a knock, what an airhead.

 

www.forecastfortomorrow.com

Fri, 04/08/2011 - 19:54 | Link to Comment citta vritti
citta vritti's picture

That's where the money is, under the Big W. Courtesy of It's a Mad, Mad, Mad, Mad World (Spencer Tracy, Phil Silvers, and a gaggle of other comics). 

Fri, 04/08/2011 - 20:51 | Link to Comment Buck Johnson
Buck Johnson's picture

Thats funny, upside down lolololololo.

Fri, 04/08/2011 - 21:41 | Link to Comment Hedgetard55
Hedgetard55's picture

Even though shit is not funny anymore, I had to laugh when I saw this one.

Fri, 04/08/2011 - 21:50 | Link to Comment zerozulu
zerozulu's picture

This is what? oh! I got it. rear view mirror!!!!

Fri, 04/08/2011 - 21:52 | Link to Comment Barb Dwire
Barb Dwire's picture

Ben's always been a "the glass-is-half-upside down" type of guy.

Fri, 04/08/2011 - 22:13 | Link to Comment medicalstudent
medicalstudent's picture

but upside down.. is... rightside up.

 

its 2011 you know

Fri, 04/08/2011 - 23:04 | Link to Comment thames222
thames222's picture

That's it, I'm up and moving to Canada.  I hate the bastards, but I'm too close to the border not to go.  Anybody coming with me?

 

www.forecastfortomorrow.com

 

Sat, 04/09/2011 - 07:22 | Link to Comment mogul rider
mogul rider's picture

You hate us but you want us to let you into Canada?

Boy if that is the case and what you meant you really are a ducking fumbass.

Reap what you sew bitch.

Sat, 04/09/2011 - 00:11 | Link to Comment TeddyRoosevelt
TeddyRoosevelt's picture

laughing my ass off...

Sat, 04/09/2011 - 01:12 | Link to Comment Blank Reg
Blank Reg's picture

Ooo wait! My grandfather told me about these things. I believe it's called a "Doll Ar"

Sat, 04/09/2011 - 03:08 | Link to Comment ak_khanna
ak_khanna's picture

The market operators ie banksters are driving the USD index down and pumping up everything else. This process will continue till there are no long positions left in the USD index and no short positions in any of the commodities, stock or currencies other than the USD.

The operators are then likely to take the long position on the dollar and short position on everything else. They would then use their money power to move the markets in the direction which would get them the maximum profit while screwing all other traders / hedge funds / investors.

The stock, commodity and currency exchanges have been reduced to gambling dens whereby the more powerful traders with deep pockets move the markets to maximize their own profits at the expense of the remaining not so powerful players. The big boys have enormous money power to move the markets in the direction which results in maximum profits for themselves. They effectively use the media to lure the other players in the market to a position where they would incur maximum loss.

The markets will fall only when the banksters have eliminated all the short positions and only they themselves have positioned themselves to profit when the market falls

OR

When an unexpected world event catches the banksters with their pants down and the softwares they use to rig the markets go berserk beyond their control.


http://www.marketoracle.co.uk/Article24581.html

Sat, 04/09/2011 - 08:27 | Link to Comment mogul rider
mogul rider's picture

I had a seizure looking at it. I'm still wobbling. It was like listening to stairway to heaven backwards again.

 

Sat, 04/09/2011 - 09:58 | Link to Comment falak pema
falak pema's picture

when in the dark tunnel shout "alleluia, I see the sun shine beyond yonder", when nailed to the wall as the crowd panics, shout "fire, every man for himself"...We are in the tunnel...will it lead to the Titanic?

Sat, 04/09/2011 - 12:01 | Link to Comment Drag Racer
Drag Racer's picture

now this I would vote for in a heartbeat. Too bad it wouldn't have a chance in congress(hell)

http://market-ticker.org/akcs-www?post=183855

Sun, 04/10/2011 - 11:40 | Link to Comment Stuck on Zero
Stuck on Zero's picture

I got it!!  I understand the chart. The mirror part is easy.  Where's the smoke?

Sun, 04/10/2011 - 12:44 | Link to Comment Grand Supercycle
Grand Supercycle's picture

Many chart trends reflect uncertainty and lack of consensus by market participants but one chart pattern has remained constant:

Monthly S&P500 ~ http://wp.me/pTrb8-1kx

I still expect a USD rally once equity correction gathers momentum.

Mon, 04/11/2011 - 21:49 | Link to Comment William Jay Hale
William Jay Hale's picture

Love that ZeroHedge.

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