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Napoleon Dynamite Cameo Appearance.... LMAO!!
Anyone want to see Frederic Mishkin get hit in the face with a Salisbury Steak?
Liesman is going to follow the Bernank to a private island after the Fed is gone because he's doing just as bad a job servicing the my friends and neighbors then the Bernank has done for the American people. F U Liesman , Quick and the whole gang I have to live in this country and I hope you do to after the collapse
The clip reminds me of one O'Reilly kept playing of his appearance on The View. Lots of yelling and screaming. No one making much sense.
If we're lucky, perhaps the next episode will turn out to be a "Rex Kwon Do" point match.
Liesman wants to spend positive, as the rest of the shows main cast except santelli, who calls them as they are. Hey, the economy sucks, but no one wants to admit it, especially with all the debt the FED is creating. They should make a distinction between monetary and price inflation, and we do have a lot of price inflation for high use items.
Just to further point out the complete lack of importance of the retail sales data, 2010 was 6% higher in nominal retail sales than 2009. Consumer discretionary ETF's went up about 33% in the same time frame. Consumer staples went up about 14%. The correlation is hilariously weak.
List of retail sub-categories that actually saw a drop in nominal sales vs. last year:
"The weather is the last refuge of the scoundrels"....
Can that be used on people who blame the weather on rising commodidty prices, as well?
Cotton prices began soaring in August of 2010 after bad weather cut harvests in major producing countries including China, the U.S., Pakistan and Australia.
I wonder if the housing bubble/depression here in Bend Oregon will be blamed in school books on the weather.
btw we had a foot of snow dump last night here with out a warning from any weather outlet and one of our local am radion stations has been knocked out with numerous downed trees in the wet heavy dump...
Rothchilds just bought the weather centers you won't be getting any notices now or after the Federal Reserve is null and void
For more than a century, ideological extremists at either end of the political spectrum have seized upon well-publicized incidents to attack the Rockefeller family for the inordinate influence they claim we wield over American political and economic institutions. Some even believe we are part of a secret cabal working against the best interests of the United States, characterizing my family and me as "internationalists" and of conspiring with others around the world to build a more integrated global political and economic structure - one world, if you will. If that's the charge, I stand guilty, and I am proud of it. David Rockefeller
For little more than a decade, ideological patriots on the blogosphere at either end of the political spectrum have seized upon well-publicized incidents to attack the Bernanke/Greenspan family for the inordinate influence we claim you wield over American political and economic institutions. We even believe you are part of a secret cabal working against the best interests of the United States, characterizing your family and your cartel as "internationalists" and of conspiring with others around the world to build a more integrated global political and economic structure - New World Order, if you will. If that's the charge, We stand guilty, and We are proud of it. The Blogosphere
Mishkin. Too much. The fact that guy can be employed much less be interviewed as an expert in anything other than fraud boggles my mind.
I'm glad there are people who think like me
Mishkins "new normal" throws millions under the fed bus, but he seems rather nonchalant about the financial carnage to those millions. He rerminded me of some cruel sadist betting and winning at a cock or dog fight smiling ear to ear saying "that's just the way it is, the new normal" while they sweep up the dead animals. He is one of the more repulsive characters I've seen on CNBC and he makes Liesman look like a reasonable human being.
That is the problem here. As much as I dislike Leisman for his psychopantry to the printing press (money or stats) Rick was out of line today. If Mishkins was not there, it would have still happened but over real data.
The Solution is MSNBC has been bought out. So has the NYSE. Shumer may be pissed, but he can go try to get on the invite to Mozillo/Dodd christmas party for his next challenge. Mishkins can stay at columbia and train our next generation of Econ PhDs with that grin.
Mishkin proves to me that US Universities are no better than degree-by-mail Diploma mills.
++++ seeing that scumbag with that freakish grin made me lose my lunch...
two bad things about that episode this morning.......1. That I was watching that shit at all.....2... I thought Liesman was clarifying a point, got interrupted by Roubini making a clarification, and then says something about '...not counting the all the bad things in the same equation...' So a bunch of people with no skin in the game make a nice salary to talk crap and not count all the bad stuff going on the economy. Again, I'm the ass for watching it.
I'm with you on that twotraps.... I couldn't even stand to watch until the punchline. I haven't watched CNBC in years....... Liesman is more clueless now than ever and his arguments were almost painfully stupid. So much in fact, that I had to bail on the clip.
I surely couldn't sit at that table full of halfwits for more than the time it would take to give them all a good slap.
It looks like the normal bull/bear bitch slapping that goes on before every major correction. Just another tell.
Rick is a classic. This video proves "Lies"man is actually stupider than Dennis Gartman.Thats why they won't even hook up his computer.
I like that...
Actually Gartman makes some really good calls, dunno what this is based on unless youve been burned buying WTI at $90 or above.. (he did say, while short oil wouldn't be smart at any time in today's present, any + news out of Egypt would cause the premiums to fall..).
Dennis' repeated and almost perfect oppositely-timed calls on gold in 2008 and 2009 were enough to sink his credibility in my eyes.
At least it isn't Dennis (Beaker) Kneale.
Rick screaming at ~11:40 : hahaha
You go chief.
Steve LIEsman is a lying monkey!
On his best day...
Take your pool cue, chalk it up, and bank Lies-man's bald ass cue ball lookin' noggin in the side pocket so we don't have to listen to his moronic douche-a-rama any longer...
Now appearing on Pay Per View Television, the epic fight between Rick "I have to talk on the trading floor" Santelli and Steve "I've eaten too many pies" Liesman. Watch Steve sweat as Rick talks his lungs out.
HAHHA who ate all the pies ...who ate all the pies....
UFC cage match.
BORING COMPARED TO A JUDGE JUDY EPISODE!
Judges and the clown show that is the legal system another bunch of parasites 'To Go'
This is not financial television - this is CNBS doing everything they can to get ratings!
You're right. It's sensationalism at its finest.
Now show us your boobs.
Exactly. Its all part of the great movie called life. Cnbc is a participant. All the world is a stage and we are merley players..
Next segment features Hamy Wanger giving insight on how to pick winning Penny Stocks and impress your friends
Patience, Patience.. Hes running late. He should be here soon to boast Dell's triple play
What did you guys do to Hairy Wanker?
I have not seen his dumb ass flag in a while...
He was banned because he did not conform to the rules of the ZH echo chamber: all data points must lead to doom, gloom or both. To quote Judge Smails, "Some people just don't belong."
riddle me this...do you have more confidence in the ability of the ones controlling the strings (the ones in public view) this time around vs. similiar conditions at the same point in 2008? as TD pointed out in the comment section he believes it to be very similiar except "this time it is different"... refereing to the fact that this time we are all on the hook
Red Neck .."he did not conform to the rules of the ZH... all data points must lead to doom, gloom or both.."
Bring us some cheer mate, just one data point not drowning in debt or counterfeit money would do???
Santelli speaks truth and if NBC had not pushed Charlie Gasperino to their own detriment, I'm afraid Santilli would be gone. Speaking about blatant honesty check out Nial Ferguson on MSNBC, who forgot to vet the guest.Watch MSNBC contributors and Obama apparacheks desperately attempt to massage Ferguson's opinions. He'll have none of it.
excellent. gotta love ferguson. especially every time i see that msnbc anchorette's face it always has that "can you believe anyone believes anything contrary to what we believe" look on it.
fuking breath of fresh air ...a man that actually knows what he's talking about slices through the sugar glossed vacuum of total shit that is MSNBC... the staff and crones were all blasted into the long grass as Ferguson just hammered them with none stop heavy artillery, ballistic stuff ....and he called Obamas' administration a bunch of 3rd rate amateurs which is precisely what the bunch of twats are ...my Christmas came early this year :)
But you know, last time I was a diversified bull completely buying the CNBC et al bullshit. I can totally see how the sheeple look at the growth in their respective accounts, feel good, and dismiss the Santelli's of the world. And by the way, whats the deal with that pussy Roubini not making a stronger case for what he purportedly believes in?
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