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How The Fed Is Keeping Warm This Winter
What is an aspiring market manipulator to do on those cold winter mornings in the 9th floor trading hub of Liberty 33, when the heat emitted by the money printer is not enough to keep one warm, and when repeatedly punching the "buy" button has lost its heat-generating, full body workout bliss? Wear this of course.
h/t @ljuti
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They will, and mysteriously Gold and Silver will continue to fade lower... CHRISTMAS SALE!
Or openly "trade" (i.e. buy) equities furiously -
Yves has a fantastic essay today about the FRBNY and it's possible current activities:
Speculation About Whether the Fed Manipulates the Stock Market Becoming More Mainstream
"I was intrigued to see Pam Martens write up some data points that align with the concerns of the stock market pros in a post titled, New York Fed’s Strange New Role: Big Bank Equity Analyst. If the Fed isn’t dabbling in the stock market, why does it need this sort of expertise? Key sections from her write-up":
"I too am curious as to what the justification is for this sort of position. Since when are stock prices part of the Fed’s job description?"
They only trade hot money, and time is still not on their side.
Surprise surprise the Whitehouse was lying about the Iran deal:
http://freebeacon.com/iran-white-house-lying-about-details-of-nuke-deal/
" the White House’s version of the deal as “invalid” and accused Washington of releasing a factually inaccurate primer that misleads the American public."
Hey, it worked with obamacare.
So Obama told the Iranians: "If you like your nukes, you can keep your nukes."?
So Obama told the Iranians: "If you like your nukes, you can keep your nukes."?
No.
They can keep their nukes ONLY if they were purchased before the 'Nuke-care' bill was passed. If their nuclear contracts were modified AFTER passage, then they can't keep them either. Rahm's brother made sure that this would be inserted in to the 'Nukebamacare' act (at the last minute, behind closed doors).
The nuclear program of Iran was launched in the 1950s with the help of the United States as part of the Atoms for Peace program.[1] The participation of the United States and Western European governments in Iran's nuclear program continued until the 1979 Iranian Revolution that toppled the Shah of Iran.[2]
Shit, I hate this part...the 'truth' thingie...
Your truth thingie is a piece of shit thingy. Tere have been quite a few developemnts in the nuclear science area since 1979 dBag.
Meh! The Iranians release a press release aimed at their public, the US releases one aimed at its public. The details haven't been finalised, so no one is technically lying.
The Iranians trade a nuclear program that they know they'd never be allowed to finish without being bommbed back to the stone age for improvements in their economy. While the US gets access to Iranian oil and the chance to push back on the Israelis and Saudis and tell them they don't control US actions.
Anybody screaming loudly about this deal is probably backed by either teh Saudis or the Israelis.
or is a Islamo fascist....
A room full of baboons throwing rotten bananas and shit at each other and hammering the "buy" button. What else do you want to know?
Yet another ZH "conspiracy-ish" theory becomes more "mainstream." ZH was on this back 2009, yet it's only now, 4 full years later, that even a portion of the establishment media dare openly remark upon such things, or, gasp...begin to question the whos/whats/whys...
Haha I actually did laugh out loud at that one. Good stuff
Possibly the NYFRB does not trust what it is being told by this group: Bank of America, Barclays, Citigroup, Credit Suisse, Deutsche Bank, Goldman Sachs, JPMorgan, Morgan Stanley, UBS, and Wells Fargo, and wishs to do it's own 'research' and 'trading' in order to 1) test models, 2) assure executions, 3) measure outcomes, etc. I have long been of the opinion that financial houses are really intelligence operations for the benefit of people you or me will never meet.
The FRBNY takes its orders from many in that group.
#NoConspiracyTheory
@ TruthInSunshine:
Thanks. I actually caught this article on another site this afternoon. Think it was over at WRH.
can I get that T in an XXL?
Everyone is selling their gold to buy christmas presents for Tommy. He needs that PS4 so bad. Meanwhile bitcoin is approaching 900 once again. A little slower this time - a good thing. Still free bitcoins available at http://freebitco.in/?r=25727
<--I like The Limerick King.
<--I no like The Limerick King.
Over.
There was a King of Limericks,
Who was one of ZH’s big swingin' dicks,
He loved to give Ben a black eye,
So we said he was a helluva guy,
And cheered as he called the Fed thievin' pricks.
No dreaded 'downarrow', BUT:
Too many phrases!
4, not 5!
"He gave Ben a black eye, we said 'helluva guy'",
AND....(da da-da da da-da da dah.)
There. two phrases cleaned up in to one. Don't forget the cadence.
The end of the world is near
The ten plagues of Pharaoh “have been brought upon” the USA.
http://eamb-ydrohoos.blogspot.gr/2010/02/ten-plagues-of-pharaoh.html
..
Greenspan, Bernanke, Trichet and Akerman are not only like-minded, colleagues and banqueters;
Authored by Panagiotis Traianou
Do I have time to eat 7000 calories on Thursday & burn a whopping 15 by rubbing a couple out?
Well, if you eat 7,000 calories on Thursday, it is doubtful that you could look down and find the thing you wish to be 'rubbing'. Even if you did find it, you would be trying to use your other hand to get the rolls of of your so-called 'manhood', in order to try to satisfy yourself, thus depriving you of the pleasure of exploring other avenues of immediate self-gratification.
For further advice, ask Marco Rubio about this subject. Mr. Yellen doesn't have one (no, REALLY, it doesn't), and Ms. Bernanke never could get hard enough to achieve what you desire.
It't probably burn 500 calories just to search through all the belly fat...
When they get home they bask under infra-red lamps to stay warm, like the scaly lizards they are.
http://www.todaysplanet.com/pg/beta/lizardlover/pic/henry_lizardlover_3_...
Over.
I think the one in the middle is Nancy Pelosi.
heh, they misspelled "MOAR"
Bunch of moarons...
"Bonfire of the Treasuries" - Nothing like a nice fire in the fireplace to keep warm.
Then next year they'll announce that they can't unwind the Fed balance sheet because they have "misplaced" all the QE bonds they've purchased.
fed announcement from the future: Given that JP Morgan doesn't have any more treasurys for us to buy we will begin buying facebook common and sallie mae bonds at an outrageous profit. long live lord dimon, king of the grifters!
'How The Fed Is Keeping Warm This Winter' We can burn all the Fed Chair's at the stake? How about some Bennie Bux?
Looks like Oliar is at it again. Seen at Drudge.
IRAN REJECTS 'INVALID' NUKE DETAILS
I'll give you three Dorito's Chips for it....
or $3,000 Benny Bucks, sellers choice.
"How The Fed is Keeping Warm This Winter" -- by being condemned to an eternity in the hot half acre of hell by one of the benevolent gods?
Don't knock Bernanke and Co. They have succeeded in keeping the world from toppling over while ransacking the pockets of everyone below the top 1%.
Their fatal mistake is in believing that they will escape with the spoils in the end.
Their other fatal mistake is in believing that by tampering with the thermometer (STOCK MARKET LEVELS) that they can change the climate (THE ECONOMY)
Where can I buy one of those shirts? It would be a good conversation-starter.
EDITED TO ADD:
Here:
http://www.zazzle.com/federal_reserve_keep_calm_shirt-235054920677930248
DAMN! I wanted a MOUSE PAD!
I went over there, and all I got was a lousy T-SHIRT!
I wanted to be just like Benny, and be able to PRINT MOAR with the click of a mouse!
I thought you were going to say roasting orphans.
Keep
Calm
And
Short
S&p 500