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Stress Test Update: Europe Calculates Cost Of Nuclear Holocaust At €0.69
Also Europe finds that :
- Full GoM clean up will be around 2 bucks
- The cost of the Large Hadron Collider was reduced to a couple of dimes
- The US budget "deficit" is estimated to actually be a $100 quadrillion budget surplus
- Merrill's expense tab at Hustler Club is only $19.95
- etc.
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Ron Hubbard Scientology Stress Test Confirms Results
Anyone who disagrees with the stress test results is full of engrams and needs to be "cleared" with an E-meter.
and our attorneys will be in touch
"Anything which is not directly observed tends to persist."
It's in the milk. In the milk.
Clearing on a cash basis. No money no e-meter.
But there'll probably be a lynch ticker added. Or Linch Mob. Whichever.
Guerillas in tha Mist
"With the boom ping ping"
+1 (for word play!)
Bank of Lynching America
And Bernanke only dropped a few bucks from a hang glider.
" Europe calculates cost of nuclear holocaust at €0.69 "
Now, that´s a deflation I tell you ;p
"Now, that´s a deflation I tell you ;p"
Now, does that imply that all of the gold Krugerrands purhcased last month will now be dumped on the (U.S., I hope) market?
our most beloved finance Schäuble minister read 1984 do-it-yourself manual well and learned a lot from Dr. Goebbels just stating: this stress test will have significant good impact on economy - improve trust
The PPT is working their asses off today
They can try... sell off begins in 3...2...1....
Anything to keep the S&P with more than 3 digits is the PPT's only Rule!
Timmay's on the phone to the Ministry of Finance as we speak...
Yep - nice pop on bleh volume at almost precisely 13:00.
Almost as if someone rebooted one of the HAL9000's that had been taking a breather since yesterday's "rally".
Almost?
"bleh volume"
Just bleh? Check this out:
NYSE stocks posting largest volume decreaseshttp://finance.yahoo.com/news/NYSE-stocks-posting-largest-apf-4250547675...
CNBC just had Kyle Bass of Hayman Capital on the phone and Kyle wasn't being kind to the stress test. Kyle was in the process of pointing out that only one Greek bank failed the test but Greek Banks hold 3 times more Greek sovereign garbage than the yearly Greek GDP..........when his call was suddenly dropped.
Opps.
d'oh!!!
Yeah--ol' Kyle was tellin' it like it is!
Kyle was way down at the bottom of the scale. That scale is as follows.
No credibility
Little credibility
Some credibility
Pretty credible
Credible
Very credible
Extremely credible
Way too much credibility for our advertisers and management to tolerate = Kyle Bass
I think PEYOTE comes after that on that scale...
"when his call was suddenly dropped"
I'm sure it will be leaked that he was using an Apple iPhone 4- and hadn't received his free bumper yet.
AAPL tanks tomorrow on the news....... The selloff proceeds all pour into European financials.
This is more interesting news:
U.S. gasoline deliveries for June fell to the lowest level for any June since 2004, the American Petroleum Institute said Friday.
http://www.marketwatch.com/story/june-gasoline-deliveries-lowest-since-2...
Allow me to put a CNBC on that data.....
It's great news because...
---it means people are now getting much better gas mileage in the NEW CARS that they must have been buying
---it means people have more money than before so they're flying again instead of driving, which means the airlines are a screaming buy
---it means Teslas must be driving themselves off the showroom floor
1.) "U.S. gasoline deliveries for June fell to the lowest level for any June since 2004"
2.) "It's great news because..."
The consumer is guaranteed the freshest product by adapting Japanese Style just-in-time delivery methods. No wasted octanes to evaporate overnight!
or
Americans have wholeheartedly "jumped on the train" - the new high speed coast-to-coast transit system, that is! (CNBC headline)
Steve Liesman/CNBC is suggesting that Europe is far away from us, and therefore any troubles won't impact our economy much. All is well.
For the first time in months, I have the volume turned on while CNBC runs in the background. They are saying some really funny shit as they try to create this image that they're fairly discussing the stress test.
I promise you by 4 PM they will have concluded all is well so buy, buy, buy. I just heard someone say "It's already priced in the market." Funny shit man.
No, no, no, no, no, no, no, no....He really didn't say that, did he?
Please Joe, say it ain't so.
Shane, come back! Shane!
Wasn't there some oblique reference to this shit in Revelations? Beasts with forked tongues, all covered with Aye's?
Test also finds that:
Hopium dealer Barack Obama was born in Iowa-
Dubya won the 2000/04 elections in a landslide-
Politicians pass lie detectors 100% of the the time-
And: The Federal reserve is owned by the American Taxpayer!
I've slowly started asking some of my friends/family who owns the Federal Reserve - and not one person has answered correctly. And, as a sign of the times, no one really seems to care about the correct response, or its implications.
mhm.. yeah..
What were you saying again? Sorry, I wasn't paying attention. There is a cool new commerical for some Apple gadget. Anyways, lets talk about this later I need to run to the store and pick one up.
sad isn't it. this collection of zh'ers that has with the exception of a few trolls shown its concern for that which eludes most of them. where do i stand?
Unicorns pooping rainbows.
(sigh)
And these people wonder why they've no credibility.
(sobbing)
I'm gonna go have a Thorazine and Ativan enema and watch Jerry Springer.
Its over I tell you. Over.
Fin. Gone, done never never land, nada, no hope, no remission. Doomed, we're fucking doomed.
Buy the dips...
National Bank of Greece CDS tightens in from 850bp to 758bp
May I quote George Constanza:
"what kind of a topsi-turvey world do we live in??"
New findings:
Rush Limbaugh is drug-free
Ben Johnson was drug-free
Blago is not a crook
P.A.'s tits are real
now that the (no)stress tests are over and everybody trusts/believes ?? everybody take a look at the eur/jpy overlay eur/usd lie detector
"Stress Test Update: Europe Calculates Cost Of Nuclear Holocaust At €0.69"
Is this testable?
I happen to know that they'ed start a Holocaust for just €0.49 Such a deal
Banky Edwards: Alright, now see this? This is a four-way road, okay? And dead in the center is a crisp, new, hundred dollar bill. Now, at the end of each of these streets are four people, okay? You following?
Holden: Yeah.
Banky Edwards: Good. Over here, we have a male-affectionate, easy to get along with, non-political agenda lesbian. Down here, we have a man-hating, angry as fuck, agenda of rage, bitter dyke. Over here, we got Santa Claus, and up here the Easter Bunny. Which one is going to get to the hundred dollar bill first?
Holden: What is this supposed to prove?
Banky Edwards: No, I'm serious. This is a serious exercise. It's like an SAT question. Which one is going to get to the hundred dollar bill first? The male-friendly lesbian, the man-hating dyke, Santa Claus, or the Easter bunny?
Holden: The man-hating dyke.
Banky Edwards: Good. Why?
Holden: I don't know.
Banky Edwards: [shouting] Because the other three are figments of your fucking imagination!
stress test results = figment of their imaginations :-)
Just tuned back to CNBC. Fighting Trannys on Jerry Springerfrom SEC Enforcement Division not as funny.
Now that is fucking hilarious.
(openly drooling, Ativan and Throazine enema taking edge off)
All fiction now. Has been for some time I guess.
If a bank has a deposit at another bank, it is treated as lock-solid "CASH" on the balance sheet. But wait. The stress test admits that "only" 6% of these Euro banks will have issues? Did the stress tests then reflect that loss in failure to receive that cross-deposit from the failed bank? Enter the cascade and the resulting failu
< REDACTED BY NSA FOR NATIONAL SECURITY CONFIDENCE ENHANCEMENT PURPOSES>
Straight up, no retrace, straight up or straight down. I'm done, can't trade this crap. Only ones making money are the crooks who have the indise info before the NY Fed ramps it up or down. Goldman and JP Morgan get free rides all on your nickle.
If you are gonna play the game at this point, you might as well treat it like you would any money that you take to Vegas.
Now what, how can they rig the market futher. Retail won't come back. The banks have spent alot of there free fed money propping up this fraud. Guess they can hold out longer than most since thay have free money.
The banks need for dumb retail to come back so they can unload.
I AM DONE WITH THIS BULLSHIT.. FOR ME I AM DONE WITH FINANCIAL MARKETS AND BULLSHIT LIKE THIS. FUCK ALL THE WALLSTREET GANG.
I AM DONE WITH FINANCIAL MARKETS
Markets? You've got to be kidding.
"Ray has gone bye-bye Egon.... whadda you got left?"
Hang in there man. Yes, it's BS and, yes, these aren't real markets anymore. There is only so long they can keep this crap up for before something gives. They can only hide the rot for so long... There is no curse in Elvish, Entish or the tongues of Men for their treachery.
"The US budget "deficit" is estimated to actually be a $100 quadrillion budget surplus"
Were did we get a 100 Quadrillion Surplus?.
If we have that kind of SURPLUS.....we should all get checks, or direct EFT's of no less, that 100 million per American Family.
Now, back reality,,,,,,,,,,,,,pass the Crackpipe momma.
Typical of The ECB and The Fed to release this news on a Friday. Monday is going to be Hell. Can we never get the bad news on Monday so we can all look forward to Friday? These results are published on Friday at bargain prices! When the markets open on Monday, they'll be multiple magnitudes more expensive.
I want to buy damnit!
Dick Cheney's heart could pass these stress tests.
Since which ice-age did Cheney actually possess a heart??
-----The preception of solvent sovereigns, Priceless.
Meanwhile 100 banks have now failed this year, up from 57 last year, and all of them small local and regional banks. The concentration of wealth and power continues.
"and all of them small local and regional banks"
Thus was coined the new term: "Too Small To Survive".
Please post the name of the bookie who is covering this action.
Thank you so much.
DOW/SP500 daily chart is bullish for now ...
http://stockmarket618.wordpress.com