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Cashin On An "Embarrassing Victory" In The Election
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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BTW....were stocks supposed to be down days in a row and clonging to 13,000 day before election? Thats not how I recall the punditry laying it out....weren't we supposed to be around 14,500 today for our glorious messiahs re-coronation?
Interesting, huh?
If the stock market is manipulated, why manipulate it down right now?
Perhaps it's because Obama has become a liability to them. He's too radical.
They get the same thing with Romney without all the headaches.
Just sayin....
therearetoomany...
Too radical? What alternative universe are you from.
Too radical to the point of biting off the leash and run away to wherever he comes from (four years on and nobody is sure). The country needs a fall guy and he'll do.
Beyond political grandstanding I've never understood where people get that. Obama didn't nationalize the banks, or go after guns, Obamacare is just one big gift to the insurance companies. Obama talks liberal on the campaign trail, but falls in line with corporate interests every time.
Because Fascism = Socialism.
"vote...vote...voting is the best revenge."
Because the big boys either have too much inventory and are getting rid of it slowly less they create panic/crash. Or, they want to scare the shit out of any humans left holding stock so they can pick up inventory cheap. Take your pick
And it's coincidental that it's right before the election?
Not a leading question - I just don't know.
Wars in heaven.
The markets are now rising due to the bad data this morning. Some things never change.
Pavlovian conditioning?
yea, he said that the debt ceiling proved a lack of leadership too and that he'd cut the deficit in half his first term...he'll forget saying that about the popular vote right quick and so too will the fools who swoon over him
i'll repost my comment from another "political article" yesterday...
Obama: Banks
Romney: Banks
The End.
More like:
Romney: Banks - with a side of personal liberty
Obama: Banks - he'll let you know what you can do. Don't forget your 5 times daily prayers
-1
Where do you guys come up with the Mittens being a "moral man" and defender of Liberty?
Do some homework or STFU already. The dude is a pyschopath (much like Obama).
But, but... one of these psychopaths has to fit into whatever delusion occupies the voter cranium.
It just HAS TO!!!111!!
Otherwise, all hopium is lost.
And then where would all the junkies be?
Another highly enlightening and fact filled post. Thanks
Based on all the 'facts' that you've offered in your rebuttal - I agree with you.
What do you need pal? Here's 20 minutes of Mitt waffling, flip flopping and outright lying.
http://www.youtube.com/watch?v=-wTjBSpf8tM
And here is his staff that includes peaches like Glenn Hubbard, Cofer Black, Michael Chertoff, Michael Hayden, etc...
http://en.wikipedia.org/wiki/Mitt_Romney_presidential_campaign,_2012
Any other questions I can help you with?
<crickets>
No doubt. Can't dispute the facts and the truth can you?
20 minutes of largely rinky dinky stuff with a few good flip flops thrown in there. Romney is a moderate and a politician. Does that mean he's a psychopath? No. We all know he lacks the conviction of a Ron Paul. But at least he doesn't view half the country as "enemies" who are worthy targets of "revenge."
Just what do you offer, other than all or nothing nitpicking? Nihilism? That's fine, just say so - stop tearing into someone pointing out the obvious that in our choice between the lesser of two evils, one is clearly more evil than the other.
LOL...the "lesser of two evils" argument. How original.
Solutions? Take the Iceland Pill and destroy TBTF. End the FED's monopoly and repeal legal tender laws. Jail the Banksters. How's that for a start?
EDIT: Nice dodge on the second part of my post. Mittens staff is dominated by Banksters/Lobbyists/Bush appointees, etc...
You guys are completely full of shit and are part of the problem.
Let's see: Romney absolutely luuuvs the NDAA, which by the way makes ALL Americans potential enemies ready to be droned.
And do you know that he actually said that he thinks it would be smart to wiretap mosques and churches? (Notice he didn't include synagogues).
You can vote for that bullshit?
I get it, read my other posts in this thread. I KNOW he's the same, I know he's going to pull the same positions.
I'm talking about what Obama has done, I don't like it.
Some things, those very few things, I prefer, will change if I vote.
Can you give me the powerball numbers?
Well do you like Mitt pushing the red button on Iran 20 seconds after he has taken the oath?
Cause that's what he'll do.
But you're right....thermonuclear war IS good fun!
That's exactly why we are in this mess in the first place. Morons like you have to be proven you're wrong rather you going out and actually learning something new. Your preconceived notions are never questioned so you figure you are right no matter what. That is called Confirmation Bias under the pretext of Normalcy Bias.
Big words for such a small person. I disagree with you so I'm a moron. That's raising the bar.
No you're a Moron because you contradict yourself in your own post and you are too dense to even see it.
I call them how I see them, lest I be seen as being dishonest.
So either romney is a moral man or he's a psychopath? That's the same either or, 1s and 0s thinking that results in the r and d two party system we are cursed with - way to perpetuate the paradigm while believing you're a rebel.
I think he was trying to point out that the dude is a puppet. Which is pretty obvious. Not sure why you're defending the dude, or pretending that this election "matters". Have you donated at least 25K to either side? No? Then you don't fucking matter. Period.
To join with you in repetitiousness, one of the final comments from the 600+ on freezing Northeastern citizens over the weekend:
Wall Street offices would make excellent shelters.
PASS IT ON.
Yep, and don't forget Bloomberg's place over on Park Ave, and well, all the upper east and west siders who vote for ultimate socialism.
So, is this a hit piece on Oblimey or Rombie? I am confused now. Please clarify, as this might offend quite a few ZHers.
Judging by the hundred or so people who turn out for Obama..
Geen jacket gold jacket who gives a shit?!
Maybe one of the best comments I've read on here. Masterfully applied a great out of context quote.
Thank you good sir!
I think the point is, we might not get a result tomorrow night. Any delay in a recount for example could push the decision-fest in Congress back even further. They have something like 19 scheduled days in session before the 'fiscal cliff' detonates.
The clearer the outcome, the faster the political calculus and ensuing responses. Or so goes the logic. It is not a 'big picture' kind of thinking. Just trying to survive trading through the holidays.
Like Blair Walsh kicking the can through the uprights just before the play clock reads 00?
i agree...just a 'hunch'...this thing will not be officially over tomorrow night, or Thursday, or probably anytime soon...especially if early indications/results show a Mitt victory (electoral)
Obama embarrassed? Please, don't be silly. The narcissist finds that emotion impossible.
Psychopaths are bereft of all emotions. Dead fish heads. The stage is a stinking fish market.
My bishop issued a letter stating in no uncertain terms that voting for Obama, aka a politician supporting the intrinsic evil of abortion, could jeopardize my soul at the Last Judgment. Pretty strong anti-endorsement if you ask me. Pulling the lever for Mittens. Good night and good luck.
See ya later BHO, it's been a phun 4 years. Like Carter, but with less folksy earnestness.
Bummer about the tax exemption though....hope you didn't write much off.
It wasn't explicit, but much was said between the lines-- "may all those with ears hear," etc.
BHO made a big error, among many, going after the Catholic Church. Look what happened with Pope John Paul II-- before you knew it, (secret Russian Orthodox) Gorbachev was pulling out the tanks and they were having elections behind the Wall. It took a little over 10 years for that to happen. Jack Kennedy wouldn't have made BHO's errors, and he was a better President to boot. A threat to somebody, after all. Then we were left with squirrely Bobby (R.I.P.), and Submarine Racer Third Class Teddy...
And no Billy Beer.
One priest opined that Ms. Obumbler came out the other day and stated how if you vote for Romney you are voting to not let people marry who they want and giving up control of your life.
Then he went on to say "It's too bad that she can't just come out and say, the democratic party is for infanticide and sodomy. As a Christian, you MUST vote against Obama.
Evangelicals stepping up to the plate...over 17 Million didn't vote last time, their not being questioned this time for the polls. This time is different....we can only hope.
Otherwie, better red than dead, Hile Obama!
You are a moron.... Democrats are not trying to legislate morality... dumbfuck christians are. Pull your head from your ass.... the rulers have chosen Obama, hes a lock. Fucking Romney... I cant believe idiots thought THAT idiot had a chance... Actually that makes perfect sense....
No, democrats didn't frame climate change as a moral issue, and they don't trot out Jesus every time they want to redistribute wealth to the so-called poor. No, Obama never said "I am my brother's keeper." Pull your head out of your own ass, moron.
Yup, right on (no pun intended) .... remember the turnout for 'ChikFilA Appreciation Day' back in August ?
We've had split decisions before. Gore won the popular vote in 2000. Didn't really cause much of an issue. Everyone knows it's the electoral votes that matter. Why do you think both candidates are in Ohio? Tough luck to the loser and complaining about winning the popular vote and losing the election makes the loser an even bigger loser.
I wonder what Obama's concession speech will be IF he looses...
"Ummm, I want to thank the racist whites in this country for taking my power from me, um uh, still clinging to their guns and religion, hording gold...for, um, uh, well, you know, doing 'just how the white folk will do ya""
You are a moron... you think Presidents are elected? Dumb fuck...
Everybody thinks Mitt is going to be a tomato can for the asslicks of the world like Blankfein and Dimon... I wonder if they may be in for a surprise? Mitt is rich enough, he might want to go down in history as a great, transformational President instead of going down on Lloyd the 'Roid (the most hated Heeb in the world).
then again ~ monkey's might fly out of my butt...
LOL, these Mizztle supporters are something else.
Blind, ignorant, dumb, etc...almost like they've never bothered to look at his record or campaign staff/advisors/donors.
And I despise Barry O the Manchurian Candidate, so dont bother calling me a commie.
bay of pigs you ignorant slut, (did not call you a commmmie)..get armed and shoott teh enemie of godd. kilz the reptile lying in our garden of good and evil.
Never been called an "ignorant slut" before. Haha.
Peace and Aloha bro...
your a commie, it wasn't a bother
Its nice to believe there might be light at the end of the tunnel and not a train coming to run you over
Wishful thinking jimbo. If there is any "contest" in this election at all, it is between Kadima/Labour (Obama) and Likud/YisraelBeiteinu (Romney). Nope, ol Mitt will be giving plenty of rim-jobs to select Jews if he wins.
A guy like Mitt can never be rich 'enough'
Yeah but Donald Trump is much richer (just ask him) ergo Trump would have been a greater more transformation President (at least as transformational as the MI/Bankster complex will allow). That is to say completely impotent to transform anything.
You think Mitt is going to win? Oh wait I bet you are going to tell me Regan was a "great" president too? Fucking idiot....
i luv the way u think and i hope you are right , but , realistically , he'd probably go down in history allright , like 6 feet down ...... just sayin'
Well, at least bain cap is not long gs or jpm:
http://www.sec.gov/Archives/edgar/data/1040508/000119312512355006/000119...
So you might be on to something
He is wanting to be going down as a great mormon who brought great power to mormonism. You are having much stupidness if you are not knowing that already.
....and after Obama is elected losing the popular vote, the nation faces:
1) address the law ("Fiscal Cliff") that allowed the last debt ceiling increase to be raised,
2) raise the debt ceiling AGAIN.
We will be watching a tragicomedy larger than any play writers imagination.
Bullish for gold, right?
Laws? Those are for the little people.
Rules matter little when you have power.
pods
If Obama is elected, the "fiscal cliff" would be welcome as the less painful event.
Check this out:
http://www.veteranstoday.com/2012/11/01/romney-leaks-drugs-blood-diamond...
I have no way to verify this stuff, but it DOES make for some interesting reading!
(The author is "ex"-CIA.)
I did read it and I put it in the same category as Obama's birth certificate. The only difference is that today's Republican Party actively spreads such crap and Fox pays people to discuss it as if it is real. That and Evangelical Christians are what keep the elections close.
Wow, that is quite a link there of 'deep background' scandal stuff on Mitt from Veterans Today's Gordon Duff
Enough there maybe, to start the equivalent of the long-term storm about Obama's fake birth certificate and general dubious background
Must be some hard-core Romney-Republican trolls here, bashing you for merely giving a link, that huge numbers of people will find interesting ...
Even if the material is not easy to evaluate quickly, by all means let's get it out and find out what's true in it
Thanks, Bank Guy! The same dolts who screamed about vetting Obama before '08 now can't stand the thought of trying to investigate Romnoid. I digress...
And for the record, you down-arrowers, I am not, and have never been an Obama supporter. Disappointed? LOL
The author is "ex"-CIA.
By that can I assume you mean "a professional liar"?
Anyway, who cares? At least Mitt wasn't born in Kenya. Hah!
VT Hacked Over Romney’s Lifting of Cuba Embargo (document)
Document Below Promises Lifting Sanctions if Elected
–
By Gordon Duff
—
Since 1999, a team of FBI and intelligence agents from Mexico have traced Mitt Romney and his mistress, Maria, Perez Andropov, a Cuban/Russian intelligence agent, traveling in and out of Cuba on diplomatic passports.
The memo below, received from official sources, highly classified, outlines the deal made with Raul and Fidel Castro and Mitt Romney.
Accompanying documents reveal too much about the intelligence networks that passed this on. Their report gives dates and times of travel, intercepts phone calls from Romney while in Cuba and tracks Romney as he travels through Cuba, meets with the Castros and flies back through Canada or Mexico.
Please download and distribute this before it is hacked. We have been under continual attack since exposing the Romney/Cuba relationship.
Currently we are validating the one photograph of Romney and Maria getting off a plane in Havana, hand in hand, both in stripes, his collarless shirt, her very short dress.
They make a lovely couple. (Surveillance notes below)
The following was included with the photographs, as an excerpt:
Related Posts:
Short URL: http://www.veteranstoday.com/?p=228115
LOL..
Big deal, maybe our administration should be paying attention to more important things - like the Benghazi incident!
You are expecting an honest investigation from the same people who wouldn't investigate or reveal the truth about the USS Liberty? ha ha! Good luck with that one.
Besides, this is a replay of Iran Contra, custom-designed to replace POTUS with their most favorite Zio-boy...
Are you stupids not aware? If Benghazi is traced to top where the blame is being, it will be general Petreaus who is having the blame. He is a good general to be having even if he was having a bad decision. The mormon who is a liar was having a National Security briefing to make him see what really happened and that is why he is suddenly having no more words to be saying about it. General Petreaus is a man who the people having red necks are liking very much.
"Nonetheless, the law's the law."
That's a hoot. We've been living in the post-rule of law era for quite some time. The supreme law of the land, The Constitution, is virtually a dead letter. From the 40-year war on drugs (freedom), JFK's murder, 9/11, Ruby Ridge, Waco, Eric Holder, the list goes on and on.
A radical President would just cancel the elections and crown himself king.
What's Congress gonna do about it?
sell the information to the primary dealers so they can front run it?
The mormon who lies would be doing that. The reading you should be having is about what mormons believe. It is making me have many sadnesses that the people who are Americans have no informations in their heads about the goals of mormonism. Why are you thinking they go to so many peoples in the world to grow the powerfulness they are having? Many stupids will be surprising if they learn what the truth is about mormons and the agenda they are having. Everyone should be reading the words in a book called "Under the Banner of Heaven". If you do it will be making you have bad smells in the bottoms of the pants you are wearing.
? say what ?
(It's a troll--it usually posts under the account name "gerund" which makes the joke a bit easier to pick up on.)
Cashin? He thinks Greenspan is still the fed chairman. lolololol!!!
Cashin has probably forgeotten more in the past month than you could ever know. This guy has been pretty much as straightforward as can be for decades, He's a clasy guy who has given back more money and time to his community than most people with whom he works. He's done well and shred his wealth with the schools and groups who helped him get there as well as countless charitires.
He, actually, would be a classic case of why to leave the 1% alone. He gives more than he would if the tax code crushed him. Then, the government would get the money he gives to very good causes. Then, the gov't spends it flyiing Obama all over the world on either his campaign or apology tour.
If he enjoy's a good drink - all the better. But, guys in the business for 40 years who have never blown up are generally pretty steady, stable, smart and not greedy dudes. We've all seen people in the market blow up, some more than once in a year. He's got a good track record.
imo the sooner cashin and his bunch stop their parasitical feeding off the rest of us the better. fuck wall street. die bitchez.
W. wasn't that embarrassed back in 2000....
Did you miss the moment when he made his way to the White House?? People were throwing stuff at his limo.
You mean those weren't roses?
that was before DHS.
Let's see what happens after the election.
It doesn't really matter. Once the election is over, the economy will cratter and the bombing of Iran and Syria will begin.
Well, if it is a split decision, maybe the country will just start rioting and tearing up businesses on November 7. This will be very odd, because it will be over two weeks ahead of when we traditionally do so on black friday.
With their grasp of economics, the politicians in Washington probably think lots of broken windows are good for the economy.
The law is the law until it isn't...
The only thing that embarrasses a politician is using $16 trillion of your dollars to buy votes and still not winning the election. That would be the most epic political failure in human history.
That money went to Marxist infrastructure. As such comrade, it was not a failure.
Harry Reid said it's laughable he'd work with Mitt. So I guess it's as simple as that, we aren't allowed to vote for Romney. Sorry, but that's just how Harry sees it.
Anything to put Harry Reid out of work!
No kidding. What is wrong with Nevada, anyway?
also embarressing.. aapl is ready to go lower..! watch out down belooow. Tyler watch the "moving vwap".. @ $580..we are there.
The badness you are having at spelling is what you should be having much embarrassing about.
And what the hell was the point of this post? ZH is slipping...
http://krugman.blogs.nytimes.com/2012/11/03/reporting-that-makes-you-stu...
Krugman once again shows why he can't be trusted. He selectively picks facts (his favorite tactic) that suggest a possible Obama win, ignores those inconvient facts that might counter his conclusions, and declares victory as if he has just presented iron clad case.
as i theorized in december of 08, one could run a rotting head of cabbage against obama in this election and it would win. tomorrow it will cease to be a theory.
The theory you are having is making much sense because many rotting cabbage heads are already having their voting for the mormon who lies and boy who is having his baseball cap wearing backwards.
& you will look like a ____________
the electoral collage is going to return a tie, at which point every red and blue sheeple groupie will gear up and hit the streets to slug it out Halo team deathmatch style...
speaking of which Halo 4 hits the shelves tomorrow.
coincidence? I think not.
This is the United States, and the states elect the President. The national popular vote idea is a nefarious idea that should be interred. So what would be worse is that BO wins the electoral college, MR wqins the popular vote and BO says "see? I can fix this for you."
Without the electoral college, candidates would only position themselves and campaign in poulation centers, and candidates would have incentive to promise the population centers the moon and stars.
Franklin, Jefferson, Adams etc.. I'm more comfortable with their intellectual inventions than I am with Obama, Clinton, Romney, Bush, Reid, Pelosi etc... Really anyone really want to get into comparing the intellects of the Founding Fathers versus the "Floundering Father's" of today? State's rights are on life support for sure but doing away with Electoral College pulls the plug. If that's what the country wants but not sure that's in the best interest unless of course you live on the coast. Fly over states are done at that point.
It's a safe bet the EC is here to stay. Think about how much trouble it'd be to reform the election process. They'd have to amend the fucking Constitution. Heh.
The past three elections were a mess and not a single politician has stood up to submit legislation to change the system. There's a HUGE message in that about Congressional priorities.
politicians thrive on messiness
Popular vote or not, none of it matters unless you can count the votes yourself.
https://www.youtube.com/watch?v=flNq72oTF_0
...
a few words from the future Bishop of America!
Medieval
fucked either way. what's all the fuss about?
No matter who wins I'm buying another firearm this month. Bolt action .308.
Take a look a the Socom 16. A very sweet .308 semi-auto.
Wasted vote = a vote for either Obama or Romney if you don't actually believe in them
Forget about voting against someone and vote FOR someone, even if they are not on the corrupt, constrained menu! Quit hitting yourself in the head, over and over again and expecting something different...or is it that you can't bring yourself to vote your convictions and just like to bitch about the same things year after year?
Would it not be hysterically funny if New York and New Jersey turned out to cast pivotal electoral college votes,
and even more funny if the popular vote in those two states is close enough
that the disaffected voters whoclaim that they werre unable to vote because
1. no electricity
2. no gasoline
3. no hot coffee for breakfast
4. hang nail, hang dog, hanging chad, hank paulson
and rather than taking the issue to the supreme court, a number of voters take it to the streets?
Worst possible outcome for who? The traders? Fuck them. Seems the best possible outcome for several groups. MSM big winner in close contested election, and WE are big winners if the gears of government grinding us down are stopped, if only for a while.
Where are my riots?