Cashin On An "Embarrassing Victory" In The Election

Tyler Durden's picture




 

As normal, what takes pundits 1000s of words to pontificate upon, UBS' ever-ready Art Cashin succinctly summarizes in one paragraph. Critically, as we have noted previously (here, here, and here), he hopes that the election is not close...

There is a broad hope among traders that the election is not close. With the divided state of the nation on lots of issues, a close result might be the worse outcome.

 

Several pundits project a possible win for Romney in the popular vote with the President taking the Electoral College. That possibility was enhanced by Sandy's damage. With the worst impact in states that traditionally vote Democratic, a lower turnout could skew one way. A split outcome could bring victory but some embarrassment to the President, since he is on record several times over the years stating that the presidency should go to the candidate that wins the popular vote.

 

Nonetheless, the law's the law.

 

Indeed...

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Mon, 11/05/2012 - 11:26 | 2948584 Bubble
Bubble's picture

Obama is on record several times over the years stating many things, most of which he has reneged on, so don't you worry about that.

Mon, 11/05/2012 - 11:29 | 2948599 FuzzyDunlop21
FuzzyDunlop21's picture

what do you call a person who reneges?

Mon, 11/05/2012 - 11:31 | 2948614 camaro68ss
camaro68ss's picture

No matter who wins, america loses

Mon, 11/05/2012 - 11:49 | 2948701 francis_sawyer
francis_sawyer's picture

Cashin can't make it to 1,000 words anymore... The 'booze' kicks in at around 900...

Mon, 11/05/2012 - 11:55 | 2948724 Precious
Precious's picture

One thing nobody's saying is "Obama Landslide".

Mon, 11/05/2012 - 12:09 | 2948742 redpill
redpill's picture

Once again, Paul Krugman to the rescue: http://krugman.blogs.nytimes.com/2012/11/03/reporting-that-makes-you-stupid/

 

The arrogance is nothing short of amazing.

Mon, 11/05/2012 - 12:10 | 2948786 NotApplicable
NotApplicable's picture

When it's all you've got, what else is a sophist to do?

Mon, 11/05/2012 - 12:31 | 2948849 Manthong
Manthong's picture

Anything near close will have the liberal’s lawyers gumming the works up for months.

That would be trouble for everything from the Mountains of Hopium to the Fiscal Cliffs.

Mon, 11/05/2012 - 13:50 | 2949092 12ToothAssassin
12ToothAssassin's picture

Therefore youre saying that if Obama wins in a close race the conservative lawyers will stand idle?

Mon, 11/05/2012 - 15:39 | 2949444 Comay Mierda
Comay Mierda's picture

Anyone who thinks Romney will be any different than Obama should read about the Mormon principle of UNITED ORDER 

 

http://www.mormonwiki.com/United_Order

Mon, 11/05/2012 - 16:00 | 2949528 Dalago
Dalago's picture

Remember remember the fifth of November
Gunpowder, treason and plot.
I see no reason why gunpowder, treason
Should ever be forgot...

Mon, 11/05/2012 - 16:14 | 2949572 Ident 7777 economy
Ident 7777 economy's picture

 

 

Comay Mierda <-- moron alert

Mon, 11/05/2012 - 16:49 | 2949714 Cathartes Aura
Cathartes Aura's picture

heh,

The scriptures give several examples of societies living the United Order. The City of Enoch was taken up into heaven because of the righteousness of its inhabitants. The citizens of the City of Enoch lived the laws of the United Order:

And the Lord called his people Zion, because they were of one heart and one mind, and dwelt in righteousness; and there was no poor among them (Moses 7:18).
Members of The Church of Jesus Christ of Latter-day Saints expect Zion to be established in Missouri, which will be called New Jerusalem during the Millennium. The United Order will be practiced in Zion and will be the economy of Christ everywhere on earth during the Millennium.

thanks for that fun link Comay, really the picture there says it all. . .

http://www.mormonwiki.com/File:Mormon_Paying_Tithing.jpg

Mon, 11/05/2012 - 18:54 | 2950098 Justinx34
Justinx34's picture

hmmmm...   fake christian/muslim  or fake morman

Mon, 11/05/2012 - 15:18 | 2949384 CrockettAlmanac.com
CrockettAlmanac.com's picture

 

Anything near close will have the liberal’s lawyers gumming the works up for months.

 

It was the Bush camp that took the 2000 recount (which was required under Florida law) to the US Supreme Court. So much for states' rights.

Mon, 11/05/2012 - 15:56 | 2949513 dbTX
dbTX's picture

Crockett you are wrong, Al Gore filed a federal suit that wound up in the SCOTUS

Mon, 11/05/2012 - 17:22 | 2949824 CrockettAlmanac.com
CrockettAlmanac.com's picture

No, I'm right:

 

SUPREME COURT OF THE UNITED STATES
No. 00–949

GEORGE W. BUSH, et al., PETITIONERS v. ALBERT GORE, Jr., et al.
on writ of certiorari to the Florida Supreme Court
(December 12, 2000)

 

http://law2.umkc.edu/faculty/projects/ftrials/conlaw/bushvgorell.html

Mon, 11/05/2012 - 21:46 | 2950533 Ident 7777 economy
Ident 7777 economy's picture

 

 

 

I suggest you review the timeline to see who made what kind of moves FIRST before claiming victory based on ONE court filing:

 

http://uselectionatlas.org/INFORMATION/ARTICLES/pe2000timeline.php

 

I should also raise the issue of the Florida Supreme Court meddling with the written law there in Florida, which the USSC stepped in to quash - 

 

- But, you're probably TOO YOUNG to remember that far back ...

 

 

Mon, 11/05/2012 - 22:08 | 2950585 CrockettAlmanac.com
CrockettAlmanac.com's picture

I'm 49. I was 37 at the time. But that's another error to which you'll likely never admit.

What I said is that Bush took the case to FEDERAL court. That he was not willing to let the matter rest with the state and that that belied any Republican preference for states rights.

Try to follow along a little better next time and admit when you are wrong. Standing by that which has been demonstrated to be false makes you look foolish.

Mon, 11/05/2012 - 16:10 | 2949556 Ident 7777 economy
Ident 7777 economy's picture

-1 Crockett  for incorrect recollection of history.

Mon, 11/05/2012 - 17:24 | 2949828 CrockettAlmanac.com
CrockettAlmanac.com's picture

No, it's a verified citation of history:

 

SUPREME COURT OF THE UNITED STATES
No. 00–949

GEORGE W. BUSH, et al., PETITIONERS v. ALBERT GORE, Jr., et al.
on writ of certiorari to the Florida Supreme Court
(December 12, 2000)

 

http://law2.umkc.edu/faculty/projects/ftrials/conlaw/bushvgorell.html

Mon, 11/05/2012 - 21:40 | 2950539 Ident 7777 economy
Ident 7777 economy's picture

 

 

 

I'll see your ONE court filing and raise you the 2000 election timeline - 

 

Note who made what kind of moves FIRST:

 

http://uselectionatlas.org/INFORMATION/ARTICLES/pe2000timeline.php

 

 

Mon, 11/05/2012 - 22:07 | 2950591 CrockettAlmanac.com
CrockettAlmanac.com's picture

Bush took the matter to FEDERAL court as I stated. Gore is not the petitioner in the Federal case as you suggested.

Did you even read the timeline you posted? It proves my point about Bush's preference for Federal control rather than states' rights yet again:

November 11, 2000   •  The Bush camp seeks a federal injunction to stop hand recounts of ballots in several Florida counties because of alleged equal protection and other constitutional violations.
Mon, 11/05/2012 - 12:37 | 2948853 francis_sawyer
francis_sawyer's picture

Fuck you junkers up there... ONCE AGAIN ~ I'll point out out the 'truth' to my comment...

~~~

"There is a broad hope among traders that the election is not close..."

Fuck 900 words... Art Cashin [Mr. "911" nostalgia] proves his irrelevence in the first dozen words... "Traders"?... "TRADERS"???... Are you fucking kidding me?... So I guess there are a bunch of TRADERS out there on the floor wringing their hands about a US political election...

Go fucking fish on the absolute IRRELEVANCE of both rigged environments... Quick people... Man those tradestations... Millions of joobucks are at stake...

Mon, 11/05/2012 - 12:40 | 2948874 gmrpeabody
gmrpeabody's picture

Had a bad night..., eh?

Mon, 11/05/2012 - 12:52 | 2948910 francis_sawyer
francis_sawyer's picture

Nah ~ Jus sayin'...

Mon, 11/05/2012 - 14:48 | 2949305 Conrad Murray
Conrad Murray's picture

That apostrophe on the end there, that really adds some sophisticate-level kitschyness to the catchphrase. Good job.

http://www.thedailyshow.com/watch/tue-august-18-2009/cnn-s-just-sayin-

Mon, 11/05/2012 - 15:07 | 2949355 jballz
jballz's picture

 

Or how about this one? Conrad Murray is a douché

What's awesome is that Conrad Murray is a douché instead of douche adds sophistaction too, except it doesn't because it is the wrong use of the é and it is calling you a douche which anyone can do. And do/ And do.

Douché!

 

See? It's easy.

Farewell Conrad Murray, douché...

Mon, 11/05/2012 - 15:57 | 2949514 cornedmutton
cornedmutton's picture

Your comment was trashed because it provided no value to the discussion whatsoever.

I would recommend you stop taking everything so personally.

Mon, 11/05/2012 - 15:07 | 2949353 q99x2
q99x2's picture

Read Sophie's Choice.

Mon, 11/05/2012 - 12:42 | 2948886 RSloane
RSloane's picture

He's awesome as a LOL-source as well as irony. His reporting makes people stupid.

Mon, 11/05/2012 - 13:03 | 2948952 cranky-old-geezer
cranky-old-geezer's picture

 

 

The insanity is nothing short of amazing.

There, fixed it.

Anyone saying broken windows, natural disasters, and alien invasions are good for growth is ...well... just fucking insane.

Mon, 11/05/2012 - 14:21 | 2949196 dugorama
dugorama's picture

don't forget wars.  nothing destroys infrastructure like saturation bombing campaigns.  and plenty of people of all stripes think that war is good for the economy.  paying people to make sand jump.

Mon, 11/05/2012 - 15:34 | 2949409 CrockettAlmanac.com
CrockettAlmanac.com's picture

In 2011 Krugman said, “If we had the threat of war, had a military buildup, you’d be amazed at how fast this economy would recover.”

It's as if he doesn't realize that the US already spends almost as much on the military as every other nation combined and that we've been at war for a decade which has cause great harm to the economy. The man is truly insane.

 

http://abcnews.go.com/ThisWeek/week-transcript-austan-goolsbee/story?id=...

 

Mon, 11/05/2012 - 12:02 | 2948753 PLira
PLira's picture

One thing nobody's saying is "Obama Landslide".

 

Cramer did. Of course, he also called Bear Stearns a screaming buy the Thursday before the weekend collapse of same, thereby ratfuckiing hundreds of thousands of those invested in it.

Cramer is a contrarian indicator or a stay away from whatever crap he's frontrunning to me though,

YMMV

Mon, 11/05/2012 - 12:13 | 2948795 jcaz
jcaz's picture

Shhh- don't give the Cramer secret short trade away-  I'm still counting the money he made me by pimping Chipotle....

BTW Jim- thanks for loving SHW at $156, too-  you're money in the bank, dude......

 

Mon, 11/05/2012 - 12:21 | 2948816 Roger O. Thornhill
Roger O. Thornhill's picture

Whoever wins - it's the government that wins.

Mon, 11/05/2012 - 12:37 | 2948865 Nothing To See Here
Nothing To See Here's picture

What do you mean by "whoever wins"? I wasnt aware there was more than one option for the election??

Mon, 11/05/2012 - 14:58 | 2949329 Roger O. Thornhill
Roger O. Thornhill's picture

Ha! Well said.

Mon, 11/05/2012 - 12:24 | 2948801 Precious
Precious's picture

Don't watch Cramer.  Even block out the channel when staying in hotels.

Never watch TV.  

Only watch Cosmo Kramer on DVD.  Better fraudster than the other Cramer. 

Mon, 11/05/2012 - 12:26 | 2948828 azzhatter
azzhatter's picture

oh you mean the credible cramer

Mon, 11/05/2012 - 12:30 | 2948845 Precious
Precious's picture

As credible as any Freemason can get.

Mon, 11/05/2012 - 16:02 | 2949533 azzhatter
azzhatter's picture

actually I was thinking of Kramer

Mon, 11/05/2012 - 17:59 | 2949930 Precious
Precious's picture

Yup.  Michael Richards.  Cosmo Kramer.  33-Degree Freemason.

Mon, 11/05/2012 - 12:34 | 2948857 Mr Pink
Mr Pink's picture

I'll say it, " Obama Landslide"

Mon, 11/05/2012 - 15:19 | 2949391 TeamDepends
TeamDepends's picture

Can't wait to watch the PMSNBC cry-fest tomorrow.  Now THAT'S entertainment....

Mon, 11/05/2012 - 15:36 | 2949432 krispkritter
krispkritter's picture

I wouldn't want to be in the same room with Chrissy Matthews when he starts shitting himself and flinging it around the room...

Mon, 11/05/2012 - 15:45 | 2949464 TeamDepends
TeamDepends's picture

The wrong kind of tingle.

Mon, 11/05/2012 - 16:33 | 2949641 AgShaman
AgShaman's picture

"We need more bananas...the chimps are going 'ape shit' crazy"!

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