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Presenting The Administration's Spin On The Dying Dollar

Submitted by Tyler Durden on 04/08/2011 16:57 -0400

Steve Liesman

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.

- advertisements -

Fri, 04/08/2011 - 17:00 | 1151471 Caveman93

BTFD homies!

Fri, 04/08/2011 - 17:03 | 1151508 the mad hatter

POLISH THAT TURD.

it's going to be an interesting sunday on GLOBEX

Fri, 04/08/2011 - 17:40 | 1151672 Mr Lennon Hendrix

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 | 1152599 disabledvet

that doesn't look like a Rothko.

Fri, 04/08/2011 - 23:27 | 1152667 jeff montanye

looks like what alice saw as she stepped through.

Fri, 04/08/2011 - 23:36 | 1152685 flacon

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 | 1151523 optimator

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 | 1151559 Thomas

He's Steve the Dildo

Fri, 04/08/2011 - 23:52 | 1152717 Blythes Master

+ 11"

Sat, 04/09/2011 - 00:59 | 1152814 Id fight Gandhi

Liesman. His name IS a disclaimer.

Fri, 04/08/2011 - 16:59 | 1151473 aVian

f'ing classic Tyler Durden lfmao funny

Fri, 04/08/2011 - 17:01 | 1151495 Irwin Fletcher

Yep, I just spit whiskey.

Fri, 04/08/2011 - 18:08 | 1151761 YouBetYourLife

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 | 1151769 knukles

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

Fri, 04/08/2011 - 18:47 | 1151874 Mentaliusanything

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 | 1151974 Miss Expectations

+74

Fri, 04/08/2011 - 17:00 | 1151488 Dr. Porkchop

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

Fri, 04/08/2011 - 17:17 | 1151581 Drachma

"In Soviet Russia chart spins you!"

Fri, 04/08/2011 - 17:55 | 1151740 cougar_w

winning

Sat, 04/09/2011 - 09:55 | 1153137 ZeroPower

LOL

Fri, 04/08/2011 - 17:00 | 1151490 buzlightening

CNBS Flash: Zimbabwe backs US treasury; saves dollar!

Fri, 04/08/2011 - 17:07 | 1151539 aVian

then you know we are fukedshimaded

Fri, 04/08/2011 - 18:16 | 1151796 rocker

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 | 1151491 Cognitive Dissonance

Too funny.

Good enough for government work.

Fri, 04/08/2011 - 17:08 | 1151528 Cindy_Dies_In_T...

heh, heh. Nice.

Fri, 04/08/2011 - 17:01 | 1151497 eatthebanksters

Hold it up to a mirror!

Fri, 04/08/2011 - 18:41 | 1151865 Duuude

"Dollar"

http://www.wallstreetbear.com/image/ValueOfDollar-110405.png

Sat, 04/09/2011 - 08:41 | 1153098 Mr. Mandelbrot

awesome . . .

Fri, 04/08/2011 - 17:04 | 1151514 Misean

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

Fri, 04/08/2011 - 17:09 | 1151550 cougar_w

Reminds me of LSD.

Happy go boom.

Fri, 04/08/2011 - 19:16 | 1151973 nmewn

Needs more vibrant colors ;-)

Fri, 04/08/2011 - 17:07 | 1151519 onlooker

I think Igot my glasses on backwards.

Fri, 04/08/2011 - 17:08 | 1151522 Misean

dupe

Fri, 04/08/2011 - 17:08 | 1151524 Col. Parker

Home Run.

Fri, 04/08/2011 - 17:08 | 1151529 Stoploss

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

Fri, 04/08/2011 - 17:06 | 1151530 breezer1

too fucking much. i need a drink.

Fri, 04/08/2011 - 17:11 | 1151551 Commander Cody

I need two.

Fri, 04/08/2011 - 17:56 | 1151736 Ruffcut

Make that ten. Inflation, you know.

Fri, 04/08/2011 - 17:06 | 1151534 mcarthur

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 | 1152872 StychoKiller

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

Fri, 04/08/2011 - 17:09 | 1151536 breezer1

too fucking much. i need a drink.

Fri, 04/08/2011 - 17:13 | 1151568 Mae Kadoodie

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

Fri, 04/08/2011 - 17:29 | 1151641 SilverBaron

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

Fri, 04/08/2011 - 17:11 | 1151552 Alert

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

Fri, 04/08/2011 - 17:13 | 1151566 tyler

Thanks.

Fri, 04/08/2011 - 17:15 | 1151570 EvlTheCat

LOL^2

Fri, 04/08/2011 - 17:53 | 1151725 DosZap

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

Great Spin Tyler.

Fri, 04/08/2011 - 17:13 | 1151553 topcallingtroll

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 | 1151567 bob_dabolina

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 | 1151579 Seasmoke

LIES MAN, they are laughing at us for sure

Fri, 04/08/2011 - 17:19 | 1151594 vast-dom

enwhe illwe ethe ussellRe 0001e ankte?

Fri, 04/08/2011 - 17:56 | 1151734 cougar_w

.won yad yna

Fri, 04/08/2011 - 17:18 | 1151597 breezer1

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 | 1151664 NotApplicable

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

Sat, 04/09/2011 - 01:45 | 1152874 StychoKiller

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

Fri, 04/08/2011 - 17:26 | 1151603 baby_BLYTHE

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 | 1151746 InconvenientCou...

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 | 1151606 Agent P

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 | 1151607 Gimp

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 | 1151611 bania

I think this is from da Vinci's notebook.

Fri, 04/08/2011 - 17:26 | 1151622 Rock N Roll Det...

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 | 1151640 cougar_w

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 | 1151647 SparkyvonBellagio

BURY THEM ALIVE!

Fri, 04/08/2011 - 18:10 | 1151771 AccreditedEYE

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 | 1151646 Beatscape

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 | 1151652 Ponziconomy

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

Fri, 04/08/2011 - 17:39 | 1151676 NotApplicable

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

Fri, 04/08/2011 - 17:50 | 1151708 cougar_w

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

Just say'n

Fri, 04/08/2011 - 17:42 | 1151681 fastishplastic

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 | 1151685 SilverBaron

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 | 1151727 cougar_w

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 | 1151779 SheepDog-One

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 | 1151743 DosZap

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

From the great song from Morrison.

The END

Fri, 04/08/2011 - 18:51 | 1151889 Tyler Durden

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

Fri, 04/08/2011 - 18:01 | 1151752 SilverRhino

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 | 1151753 SheepDog-One

!zehctiB DFTB

Fri, 04/08/2011 - 19:32 | 1152002 mynhair

20.47+

00.27+ neht

Fri, 04/08/2011 - 18:05 | 1151756 Sabibaby

Turn that frown upside down

Fri, 04/08/2011 - 18:15 | 1151784 Doug

Beauty! Thanks for the laugh.

Fri, 04/08/2011 - 18:22 | 1151805 rufusbird

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

Fri, 04/08/2011 - 18:23 | 1151813 CustomersMan

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 | 1151821 Holodomor2012

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 | 1151822 whatz that smell

sex is better when the fed is easy...

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

Fri, 04/08/2011 - 18:26 | 1151823 AmazingLarry

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 | 1152017 Hephasteus

Those lines are the twin pillars of hercules.

Herucles spine just crushed.

Fri, 04/08/2011 - 18:39 | 1151851 chunga

GET PISSED

Fri, 04/08/2011 - 19:31 | 1152009 mynhair

!ti nO

Fri, 04/08/2011 - 19:47 | 1152056 chunga

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 | 1151887 digalert

That explains it... Liesman is dyslexic.

Fri, 04/08/2011 - 19:05 | 1151943 mt paul

ever man has a price

liesman's

was paid in fiat....

Fri, 04/08/2011 - 19:06 | 1151946 monopoly

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 | 1152035 tomster0126

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

www.forecastfortomorrow.com

Fri, 04/08/2011 - 19:54 | 1152072 citta vritti

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 | 1152246 Buck Johnson

Thats funny, upside down lolololololo.

Fri, 04/08/2011 - 21:41 | 1152397 Hedgetard55

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

Fri, 04/08/2011 - 21:50 | 1152437 zerozulu

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

Fri, 04/08/2011 - 21:52 | 1152446 Barb Dwire

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

Fri, 04/08/2011 - 22:13 | 1152493 medicalstudent

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

its 2011 you know

Fri, 04/08/2011 - 23:04 | 1152620 thames222

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 | 1153050 mogul rider

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 | 1152759 TeddyRoosevelt

laughing my ass off...

Sat, 04/09/2011 - 01:12 | 1152837 Blank Reg

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

Sat, 04/09/2011 - 03:08 | 1152936 ak_khanna

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

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 | 1153034 mogul rider

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 | 1153138 falak pema

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 | 1153260 Drag Racer