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Cassandra (Marc Faber) Versus Pollyanna (CNBC)

Tyler Durden's picture




 

A Cassandra is a hopelessly honest person, while a Pollyanna is an incredibly hopeful person, the incurable optimist. Cassandras are often disparaged as "nattering nabobs of negativism/negativity," instead of being looked upon as prophetic realists, while Pollyannas are deservedly dismissed as the "pandering puppies of positivity/positivism." To wit, this wondrously self-satirical clip pitting Marc Faber's doom-and-gloom reality with Becky Quick's boom-and-boom status quo.


 

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Mon, 12/24/2012 - 00:20 | 3092293 muppet_master
muppet_master's picture

jim rogers =

well last year (2011) when gold at $1750+ i remember watching bloomberg at around 9PM PST (CA) = 12AM EST...he was asked about price of gold....he said: "i'd be surprised if it closes below $2000 in 2011".....

SHOE SHINE BOYS ARE EVERYWHERE!!!

by the way I called the TOPS (1474 & 1447), here on ZH...check links

day after QE3 announcement, in real time i called it @ 1474

i don't remember, if it was day before/after QE4...but near....i called the TOP @ 1447 (it was @ 1444 at the time)..

NOTE:  my avg SHORT PRICE was NOT THE TOP...bc I scaled in as the casino was being pumped...

Mon, 12/24/2012 - 00:27 | 3092307 Seer
Seer's picture

One does not need to be a trader to spot the manipulators.  But, good on you for catching the shifting sands.

I know which way the wind is blowing and will blow.  This is nothing more than entertainment for me: something to take my mind off of hard work...  And, well, to me I cannot accept any "wealth" that I didn't earn/create (well, I do get some small amounts of interest on rather small cash holdings [kind of stuck with an IRA for now], but it's of no significance in my day-to-day living (and since I do not plan on "retiring" it's of no significance there as well).

Last words of wisdom on this: understand "value," not price (as represented in numbers, which are usually denoted in virtual unbacked currencies).

Sun, 12/23/2012 - 23:37 | 3092251 Ralph Spoilsport
Ralph Spoilsport's picture

Haven't seen "The McGlaughlin Group" in years but watched this clip today of their 2012 awards. The panel thinks that Bernanke has saved the world and should be Man of the Year (also a bunch of anti-gun rants).  These people are idiots or they're not even caring anymore that they look like they've been bought off. Disagreed with almost all of their opinions. Looks like we at ZH are 180 degrees out of phase with what they are portraying as current conventional wisdom. Damn depressing and sickening.

http://realclearpolitics.com/video/2012/12/22/the_mclaughlin_group_12211...

Mon, 12/24/2012 - 00:00 | 3092273 Element
Element's picture

Look at the names ... that's why

Mon, 12/24/2012 - 00:20 | 3092294 Seer
Seer's picture

Here's a nice montage of fools (painted in their full lunacy by Peter Schiff):

http://www.youtube.com/watch?v=Z0YTY5TWtmU&feature=player_embedded

And, here, FOX News has what I believe is the number one spot for capturing the lunacy in its highest:

http://www.youtube.com/watch?v=CZyvnWFbR84

(I won't say what I'd like to say about Ben Stein out of fear of the surveillance State.  Suffice it to say, I think that a law should be passed that would grant Peter Schiff the right to pull out all these goons into town center and tar and feather them, while they admit that they were HORRIBLY wrong, and will give all of their wealth to the homeless.)

Mon, 12/24/2012 - 00:31 | 3092311 resurger
resurger's picture

Am glad that Layren Lyster is a Cassandra!

 

Mon, 12/24/2012 - 03:42 | 3092327 Element
Element's picture

OT: This video is not for the squeamish, you have been warned.

Any of you who have been watching the unfolding 'story' about the Syrian Air Force's attack on the alleged 'bakery' in Syria, well here's a video of the event's immediate aftermath, about 11 mins 26 sec of it, uncut.

What the video appears to show is that the Syria air force scored a hit on what looks to have been a Free Syrian Army (FSA) base. The weapon has a small explosive warhead, possibly a rocket from a jet, or an artillery shell. The weapon made a small crater in the sidewalk but most of the explosion was directed upwards to the balcony above it, and caused the wall of the balcony to collapse down on the FSA soldiers below it. It appears a large number of FSA fighters were killed and injured by the balcony, not the weapon itself. This was a well-targeted surprise strike and probably a 'lucky' hit.

Almost every media on earth seems to be going with the propaganda lie that this was a malicious attack on a suburban 'bakery'. Take particular note of the bread being placed on the ground (9min 42 sec) as a part of the cover story that this was just a bakery that was attacked. Yes, one person, who was injured (around the corner and across the street from where the blast occurred) was carrying flat-bread at the time of the blast, but to call the target itself a "bakery" is extremely doubtful, to say the least.

The target was a large 3-story building with antenna's and a dish on the roof and what looked like a flag. Plus a large high-walled enclosed compound around it (it looks like it may be a former police station). There are a very large number of weapons and soldiers all around it and a white 'technical' vehicle with an anti-aircraft gun on it. Some FSA soldiers have both camouflage and assault rifles, while others have civilian clothing, but carry military assault weapons. See anyone other than males of fighting-age? Any women and children? Other than one unharmed young boy in clean cloths running past the camera well after the blast, there are none at all.

This was NOT an attack on a bakery:

http://www.youtube.com/watch?feature=player_detailpage&v=-wO9fGIQdqA

Maybe Becky and Co will get the word out. We wouldn't want lies to triumph over truth, and all that. And at least the camera guy had the decency to post the video so that the real truth of what happened could be seen and known about what went on in this case. Would be nice if the global mass media just did its job and checked the facts before spreading lies and propaganda that just makes things so much distorted and intractable. I mean, they're actually paid to do their jobs properly and accurately right?

Increasingly, it doesn't look like it.

Mon, 12/24/2012 - 05:44 | 3092451 smacker
smacker's picture

Truth is the first casualty in war. Was it ever any different?

Mon, 12/24/2012 - 10:27 | 3092659 lakecity55
lakecity55's picture

Somebody call GATO (Goldman Atlantic Treaty Org) and tell them they need more salaafists.

Most of these look like they're off to meet the wizard.

Mon, 12/24/2012 - 01:06 | 3092351 CPL
CPL's picture

how is CNBC still on the air?

Mon, 12/24/2012 - 10:16 | 3092637 lakecity55
lakecity55's picture

They have a TV channel?

I thought theywere only on the internets.

Mon, 12/24/2012 - 01:52 | 3092378 q99x2
q99x2's picture

El-Erian says the Banksters are going to issue another 2008 ultimatum to Washington in the near future. So there you have it. The banksters will blackmail the Government of the United States to turn once again against its citizens.

Mon, 12/24/2012 - 03:26 | 3092412 AnAnonymous
AnAnonymous's picture

Another staged debate between professional 'american' debaters.

Both of them cares for each other: they carefully avoid going for facts that could put one and the other out of work.

Catering for the audience, same usual 'american' drama with one head figure sticking out for her group and another for his group.

Each group at the end of the drama piece feel they come out on top. All of them reassured that they wont fall on the wrong side of 'americanism'. They will take some more. Mission accomplished for both talking heads who are going to take their pay check with the well done job light heart.

'American' economics is consumption.

The 'american' woman is right to be optimistic, she is an 'american' icon and 'americanism' will keep faring well so more money for her.

The 'american' guy is as of a Cassandra as 'Americans' represent the classical Narkissos.

A Cassandra would not last long in an 'american' society. And certainly wont make money by speaking her mind.

You cant make money telling facts in an 'american' society. But you can make a lot of it by pushing up for propaganda and fantasy.

Mon, 12/24/2012 - 06:21 | 3092453 TheFourthStooge-ing
TheFourthStooge-ing's picture

Another AnAnonymous staged monolization of the speeching means by low paid 'professional' Chinese citizenism propagandist.

Bolstered by careful avoidation of facts as truths speaking would put him out of propagandation work.

Caterer's dishwashing apprentice, he generates the same Chinese citizenism drama during frequent breaks to spew empty headed rhetorics of groupthink.

Mission accomplished for Chinese citizenism talking mouth even though he must still take pay check for pressed and starched shirts.

The Chinese citizenism guy is as of a Confusius as 'AnAnonymicans' represent the classical Peoples Liberation Opium Parlour smokers of Narkotikos.

You cant make money telling facts in an 'AnAnonymous' society. But you can make a lot of it by pushing up for propaganda and fantasy, as long as it is done on the clock while working multiple jobs in laundry and dishwashing.

Mon, 12/24/2012 - 09:57 | 3092612 Ralph Spoilsport
Ralph Spoilsport's picture

The mattering thing is that he will be working on Xmas making egg rolls with cripier bits and laundering starchier shirts. The worm is once again in the apple pushing up paychecks with a well done job light heart.

Mon, 12/24/2012 - 06:39 | 3092462 Poor Grogman
Poor Grogman's picture

The 'Tibetan' woman is right to be optimistic, she is a 'chinese' possession and 'Chinese Blobbing up-ism' will keep faring well so more money for her

So says annoying mouse..

Mon, 12/24/2012 - 07:07 | 3092475 Afrispaans
Afrispaans's picture

I resemble this interview. I'm gonna sue all y'all for definition of character. 

Mon, 12/24/2012 - 09:04 | 3092542 azzhatter
azzhatter's picture

A lot of middle aged and old fucks watch CNBC and pretend they  have a chance to fuck the talk whores that permeate it. I cant explain Liesman or kernan or Sorkin. I would like to personally beat the fuck out of Cramer

Mon, 12/24/2012 - 12:06 | 3092946 Investor
Investor's picture

Nov 13th was the original air date of this video...

interesting that neither Marc faber or Jim "doomsday" Rogers is nowhere to be found lately...

Tick...Tick...Tick...

Mon, 12/24/2012 - 15:05 | 3093463 theprofromdover
theprofromdover's picture

So does China invade SE Asia to stop their growth (at the expense of China)?

Sounds like.

Mon, 12/24/2012 - 17:29 | 3093705 backrecord
backrecord's picture

At backrecord.com we've profiled about 1000 predictions by marc over the past 10 years and found he does remarkably well (better than any other we've profiled).

Wed, 12/26/2012 - 11:12 | 3096116 Orange Pekoe
Orange Pekoe's picture

So all it takes is honesty to predict the future? No wonder we are in trouble.

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