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The Dumbest Thing You Will Read Today... Maybe Ever
Dear Americans, meet your venerable central planners:
- FED'S EVANS: DOT PLOT CHART CLEARLY SHOWS US ECON DOING BETTER
So, according to the Fed's academic experts, the US economy is not, well, the US economy, it's not Y = C + I + G + NX, it's not the product of all goods and services created in the United States... it's this:
Which, for those confused, is precisely what it appears to be: a bunch of dots drawn on a piece of paper, not to be confused with this following random bunch of dots drawn on a piece of paper, which however is far more indicative of what the US economy is really like.
So the actual - you know - economy may be on the verge of a recession, but the Fed's model of an "economy" as represented by the dotted paint-by-numbers gibberish shown above, which only a cabal of arrogant academic hacks, who have never held an actual job in their lives and who can only do one thing: print money and make the rich richer while crushing the rest of the economy with trillions of debt, can deem is anything more than just that - utter gibberish - is recovering.
(Please just ignore the negative "dot", of course. That is what, in economic parlance, one calls a (non-GAAP) outlier to be ignored drawn by an angry, outgoing member of said cabal.)
* * *
And just in case anyone wants more, there was this:
- EVANS: STRONGER GLOBAL ECONOMY WILL BENEFIT EVERYBODY
Finally, this:
- EVANS: MAINTAINING CREDIBILITY IS KEY TO EFFECTIVE MONETARY POLICY
???
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wow!! These are the clowns in charge of our money? Serioulsy?>
The Dot Plot Chart is a simplified version of an Abacus for the Fed-retards.
Do they get stickers and lollipops after each FOMC meeting? ;-)
Looney
The pin head with a dot plan!
Does that guy look like an idiot to anyone else also?
Or is it just me?
The opposite of Truth is the Fed. The opposite of the Bible is Fed minutes according to Matthew 6:24
No one can serve two masters. Either you will hate the one and love the other, or you will be devoted to the one and despise the other. You cannot serve both God and money.
The lies must be published though, so this idiot spewing his lies is beneficial because when we look back on the disaster, the history books need to outline for future generations how sick it is to have money control societies.
The gang at the Fed should be quiet
The bullshit, we no longer buy it
So rig our demand
But speak to the hand
Your nonsense could lead to a riot
"Please just ignore the negative "dot", of course. That is what, in economic parlance, one calls a (non-GAAP) outlier to be ignored drawn by an angry, outgoing member of said cabal."
I read more into it than that. I think there is a better than average chance that is NOT an outgoing member of the Cabal but rather a voting member who is starting to push for the ouster of Mr. Yellen. SOMBODY DID THAT ON PURPOSE, KNOWING FULL WELL THAT IT WOULD BE SEEN AND TAKEN AS A STATEMENT. Giving their buddies at the Fed the middle finger before they head out the door? Very doubtful. Sombody starting a coup within the ranks to displace the current chair? Much more likely, I think.
Short version: That dot could signal the end of Yellen's tenure at the head of the Federal Reserve.
Look at that guy, you can't tell me he doesn't take it in the keester.
My chart says the economy is getting worse, made it just like the Fed does.......have a look and see for yourself.
http://4.bp.blogspot.com/-MzoOtBGoAC8/T6LP_VjGVDI/AAAAAAAABSk/jcll1e84aN...
We need to recruit someone from the press corps to laugh hysterically whenever anyone from the Fed uses the phrase "Rate Increase."
The guy looks and sounds like Dewey Crowder
Seriously .... he looks and sounds like a recent MK-Ultra graduate on serious psychotropic meds .... We are so fucked ....
Federal Reserve dart board.
but, but, but I thought O-Fuck-You-Who-Cares was now considered 1/3 of the GDP??? So we must be kicking serious ass, right???
Can sub-prime auto loans and student loans also be included in the GDP too? Then we totally win!!!
Your fed outliar, ND.
http://www.zerohedge.com/news/2015-10-08/its-time-negative-rates-feds-ko...
first greenspan, bernanke, yellen and now this one - they ALL look like fucking hobbits WTF???????????????????????
He is actually correct. The economy is up to peak performance with 35% of the population without a job. Next step, negative interest rates and more taxes. That should give them super peak performance with 60% without a job.
I think this guy was born before they took thalidomide off the market.
Obama will not finish his second term! Current Events Linked to Ancient Biblical Prophecy!
http://motivationdose.com/is-america-babylon/
DOT PLOT!
AHAHAHAHAHAHAHA!
:)
It's far worse than you imagined. Worse than your jokes and cartoons.
It IS the reality of fools in positins of power.
Be afraid. Be very afraid.
normalized rates = 0
the dots should be slightly above and below the 0 line for now......with a tilt towards the negative
Y = C + I - G +NX. Even Kuznets knew the equation was a scam.
Obama is no where near finished destroying America.
Thousands of people ae being dropped from their current Obamacare plan with the insurers telling them, "the current plan you have will not be offered in your area in 2016."
Thus, you need to look again for a new Obama-compliant plan. Of course, these insurers do offer you a choice to go to one of thier other plans which happen to be about 40% higher!
Rekovery my ass!
With real inflation at about 8% this farce can only go on for some more years until anyone not in on the scam has lost all his purchasing power.
You can't bleed a country dry and expect a recovery.
Das plot
Put a Hilter mustache on this guy, and he will be exposed as Hitler's illegitimate child. Heil Putz!
Dewey Crowder, aka Chunk Evans: "You might strike out the shepherd, but us sheep, we won't never get struck out... or scattered"
Justified was a great show.
that is not a flattering picture. let's see him wind-surfing.
Let's hope he doesn't grow a moustache - since with one, of a "certain kind" he'd have an uncanny resemblance to a certain Adolf . . . . .
(Try it with your Image Editing suite of choice . . . . remarkable similarity, isn't there . . . . . .)
"Forest Park Medical Center’s San Antonio hospital has filed for Chapter 11 bankruptcy protection, making it the latest domino to fall ...."
http://www.bizjournals.com/dallas/blog/morning_call/2015/10/forest-park-...
Bullisher then some thought.
Obamacare robustness spreading to hospitals also.
Bullish!
Or the current trend - wrestle a bear, preferably half-naked
Clowns scare me.
And right now i'm real scared Knuckles.
https://www.youtube.com/watch?v=1h3Dh5QAD7w
After watching that video I realized that I suffer from Oballenphobia because when ever Obama or Yellen get in front of a camera, I have the same reaction.
i want to throw shoes with dog poop on them at them. i wiil wear disposable gloves.
you see, i too have a plan.
Bloomberg News (10/8, Woolley) reports that the average 65-year-old couple “retiring this year will face health-care costs of $245,000 in the years ahead, up 11 percent from a 2014 estimate of $220,000, according to a new report” from Fidelity Investments. The estimated annual increase in “medical and prescription expenses stands at 4 percent to 5 percent, about the same as last year.” According to Bloomberg, Medicare Part B and D premiums make up 34 percent of the $245,000 figure.
"No patient left behind."
Moar of Barry's 'Legacy.'
So dis da guy brivin' da dus, uh? He the one who invented electrolytes? It's what plants crave!
I see green shoots in the center. Better give it another seasonal adjustment!
i do not believe viagra works that well even if you put bag over his head
From What I have read, a six figure income adds 2 inches, and a seven to eight figure portfolio is eligibility for the donkey dick parade.
Non Specific sexual orientation not a handicap.
We will defer to your expertise on that point.
He IS a keester.
The is Fed:
A) Morons
B) Liars
C) Arrogant to the point of delusion
D) All of the above
Results will be shown on dot plot graph to insure results are worthless....
The only result which will tell me that the eCONomy is just fine is a RATE HIKE.
Good. Weare doing just fine.
Raise rates Janet.
If they had any confidence whatsoever in their bullshit then they would have raised the damned rates.
The sad truth is that they have no confidence whatsoever.
And I am not going to hve confidence in that which lacks confidence.
That would be insanity.
Interesting facial expression and eye orientation. Likely that Mr. Evans has a brain injury.
Full frontal lobotomy.
I bet he got a "Participation Medal" after presenting that.....
Great Limmerick!
We need more of them to shout at Occupy Wall Street marches.
Snooze you loose.
Tea Party has exclusive license.
He looks like Randy Quaid on acid.
He created his chart while tripping.
How much this asshole get's paid for this non-sense?
I swear, the entire finance discipline/industry is nothing but a fraudulent gimmick.
he does look a lot like Cousin Eddie
Reminds me of that freak from BLADE RUNNER
http://vignette1.wikia.nocookie.net/cinemorgue/images/a/a5/Blade_runner....
He looks like Randy Quaid's afterbirth
Janet, my clerk didn’t write my speech for today?
Well, write it yourself.
He looks like the kind of guy who isn't allowed within 200 feet of a school...or a Chuck E Cheese.
I doubt that he could outsmart Cousin Eddie...
https://www.youtube.com/watch?v=XMxAATsf088
They shopped out the drool running down his chin.
Definite short-bus material.
Yes, but thrown under it would be preferable to him being a passenger on it.
Randy Quaid in Xmas Vac comes to mind.
No offense to Randy.
The single downvote courtesy of some unknown Federal Reserve member whose initials just happen to be C.E.
Standard Disclaimer: Charles L. Evans is the ninth president and chief executive officer of the Federal Reserve Bank of Chicago. We are so fucked.
He looks like an ugly Randy Quaid. uh...wait a minute... WTF!
the chart looks like a head exploding
The one down arrow is the idiot's wife.
Its not just you....my first thought when I saw his photo was if he had a small moustache he'd look exactly like that other dangerous fantasist, Adolf Hitler.
I just need 5min with this guy...alone. I'll show him how to connect the dots.
As John Ralston Saul wrote: reality is not in the world, it's in the measurements made by professionals.
That's why economists can say up is down and black is white.
If my income was dependent on not understanding what I was doing, it would be much better.
--ald
A river in Egypt.
Seriously, these are the clowns in charge. Is it any wonder we're swirling in the toilet bowl?
Drinking their own Koolaide.
If only Jim Jones were near the punch bowl.
he looks like Hitler's retarded cousin
And this, ladies and gentlemen, is why human cloning attempts are a bad idea.
He looks like he just caught a load in his mouth....wanker.
^^^
That's damn funny right there!
It's far, far worse...Very similiar "clowns" are in charge of damn near EVERYTHING!
AND
Many of them were ELECTED into the positions of 'authority' they wield.
WE ARE F^CKED.
When was the vote held to nominate FED members, let alone the creation of the FED itself?
There was no vote, it was an organization comprized of the left overs of Mark Twain gold he had brought back from England, after he passed, the organization used the gold to leverage the Fed into existance keeping both the US and Britian on the gold std. Once it was covered up the resources were no longer available and england then went off the gold std while the US carried on with other resources. Until they ran out and then the US went off the gold std also. The reason being was that responsibility went out the door and so did the resources. Nothing has changed since then except the greed for irresponsibility and printed money has increased leading to an unsustainable situation which will soon end. Not until then, and proof of more responsibility, will the country go back on the gold std, todays people are incapable of such moves so destruction is the only answer along with a rebuilding to rival the ages. Sucks to be today people, yet tomorrow brings the promise of better times, just not with todays people.
All I can tell from chart is that the economy's composed entirely of bubbles.
Read the Fed minutes.
It's all about how they "feel".
You cannot make this stuff up.
Dumber thing: In 1954 “Under God’ was inserted into the pledge to foil utterly a Commie nuclear attack
Seriously, if that dude wore clown face paint, he would be a pretty fucking great Halloween horror movie clown.
You mean he is not wearing a mask now? Oh shit!
He uses that paint exclusively for the FED meetings.
Those are all projections based on models.
How's the IPCC doing with its model-based predictions?
Same.
Thankfully they aren't in charge of my gold. Or at least the gold I had before I went whitewater kayaking with it. Darn rapids!
We are doomed. . My big toe has a better grasp of an effective monetary policy than this assclown.
' assclown ' ?
Youre being disrespectful to your 'elite' superior Master
Its not 'our' money, its Their debt notes.
Youre just forced to use them, by 'law'.
They own the 'law' too.
We really don't have any money, this Stooge was sent out to convince the peons & Serfs that all is well
All he (and the rest of those "in Authority") need to do is convince the majority that all is well, and spread the concept that those who question the narrative are "mis-informed", or "Conspiracy Theorists".
Look around you. Seems they are doing a very good job, doesn't it. The icing on the cake is, they are being rewarded VERY handsomely (financially, and socially) for "doing the job", and should the individuals have any qualms, well, there are plenty more who will "do their job" with not a care for the consequences of their actions.
No, of course not!
The Fed (and the other central banks) is simply the front office for the major banks, which are owned by the mysterious primary investors of the Big Four investment firms which are the majority shareholders in the majority of major corporations throughout North America and Europe:
BlackRock
Vanguard Group
State Street
FMR LLC (Fidelity)
In the UK, it is against the law (under their Official Secrets Act) to know who owns the Bank of England.
In America, you can know which banks own the Federal Reserve, and you can dig deeper to find out what investment firms own those banks, but you'll never find out who the primary investors working through those firms actually are.
Got it?
Yes, seriously.
token goy
Umm we may have forund him?
http://cdn.timesofisrael.com/uploads/2013/09/Bundesarchiv_Bild_183-S3388...
Add the stash ,,,
Jesus! That picture made one thing instantly pop into my head:
"SURPRISE! SURPRISE! SURPRISE!"
Say it in a Jim Nabors voice.
LOL, great the Fed's economic plan....
Gomer's Pile.
A steaming pile of crap.
I bet this clown takes a dump in the morning and then look at the shape of his turd and the reflection of his geeky face on the turd water then decide if the US economy will be doing better or not.
Guy looks like an older Forrest Gump. Bet Forrest would do a hell of a lot better managing the economy than this dolt.
Hey, I just wrote in another two zero's to my check book balance. Clearly I'm a lot richer now right? What an idiot.
You're richer if you have people who will bust the kneecaps of anybody else who does the same.
Let me borrow your pen.
Either Mr. Evans blew a real sour note into Mrs. Evans or she spent most of her pregnancy with this doofus drunk as a skunk and chain smoking to boot.
Knuckledraggin droolin goober.He looks like Gomer pyle's downs syndrome afflicted offspring.
F+U+C+K+E+D = ?
I was never good at algebra but I think ? = U+N+I+C+O+R+N+S.
= U+S
Are these people trying to look like retards? Nobody can be this consistently stoopid.
Quality is Job 1.
-- Your Chicago Federal Reserve
Here's where that dot plot came from in case anybody's interested. Page 3.
http://www.federalreserve.gov/monetarypolicy/files/fomcprojtabl20150917.pdf
Yup, model-based projections.
Thanks.
When those dots are drawn by alleged ivy league grads, well, then, their legitimacy is not to be questioned!
is that really what he looks like? egad.
quite the strong chin, eh.
Yikes! He makes ME look handsome, AND smart. Beyond a joke now.
What does Dennis Gartman say?
Wait until he sees a Jackson Pollock
Actually he looks like Yellen's would-be twin brother.
I think that Cy Twombly nailed it with his "Untitled, 2006" acrylic on canvas:
http://4.bp.blogspot.com/-JNQSLDnZQPw/ThT0wvFiE6I/AAAAAAAASS0/6ieb-lhAdP...
I can't decide what is worse, the fact that someone considers that scribble, which appears to be from someone on acid during a basic chemistry course, is art or that the FED considers itself in control.
Clearly, the epic movie "Revenge of the Nerds" was an homage to the Federal Reserve and the wrath its denizens have brought upon the people of this nation.
Wow. I just lol'd in my pants.
3.5% in 2018? Give me a break... even if that's true, what a bunch of idiots.
I believe that should be idi-DOTS
Well played sir.
They all look like up arrows - or phallic symbols.
Fitting considering the dickheads who came up with that nonsense.
The stated task for the day was- Draw what you ate for breakfast or since not everyone eats breakfast, what you had for dinner.
still cant compete with the nsa agent that lives across the street from me.................When I say dumb, you can not imagine how fucking looney these dipshits are..............Let me give you an example. This guy knows i like fast motorcycles and that i like racing cars, so he tries to spite me and my sportsbike by buying a car SLOWER then my motorcycle.............This dumbass went out and bought a HONDA CIVIC SI with NO TURBO a car that runs like 15s to spite me and my 12 sec motorcycle....................It doesnt even stop there I could go on all day about these dumbasses............Let me leave the ZH readers with this...........This guy's daughter somehow got the bright idea that an irresponable jackass like myself wants a baby so she pops out a fucking kid to spite me............Dude you could not give me a kid to solve world hunger, poverty, aids, and cancer yall mother fuckers can die for that kid..........................AND they voted for Obama BBBBBWBWWWWWAAAAHAAHHAHAHAH................when you see Jonathin Gruber tell em i said Cha-Ching
Classic case of paranoia?
aphasia
https://en.wikipedia.org/wiki/Aphasia
Quite common in our little group on some days.
(like Friday nights into Saturday mornings)
That is just the acloloh.
It certainly scared me. The NSA neighbor guy...not so much.
No offense to anyone who happens to be inbred, but does this guy look inbred or not? Every time I see him, he looks like he stole someone's suit on his way out of the asylum.
Idiot Savant?
Much like Mr Kocherlakota.
https://en.wikipedia.org/wiki/Narayana_Kocherlakota
Vs
https://en.wikipedia.org/wiki/Charles_L._Evans
Nope, just an Idiot.
He looks like Mr. Bean with a bad three day hangover!
And that dot plot looks like the map of a schizophrenic's brain activity....
I saw this retard speak when I worked in Chicago. He was the dumbest person in the room. Could barely answer questions, had no rebuttal when pressed on tough issues (how bad their inflation estimates are, why they don't measure total money better, how do they atually reconcile dual and often conflicting mandates). Borderline blathering fool.
I apologize to all retards for denigrating them with the association to Evans.
I posted 2 below you and was clearly thinkng the same thing.
The economy is:
******** * * ********** * * ********* ******
******** * * * **** * * *
* * * * **** ******** * *
* ********* ********** * * ******** ******
+1000 Brilliant!! best post Friday!
OK....
A real geek would write it like
FFFFFFFF U U CCCCCC K K EEEEEEE DDDDDD
F U U C K K E D D
FFFF U U C KKK EEEEE D D
F U U C K K E D D
F U U C K K E D D
F UUUU CCCCCC K K EEEEEEE DDDDDD
I wish we could post pics in the comments section. Yes, there would be a lot of gay porn, but some funny shit would find its way here, nonetheless.
According to my research, markets move in cycles, of which the table of 7 days (5 trading days) plays an important role. For example, when the 21, 35, 42, 63 day cycle line up, it’s Time to get ready for a change in trend (S&P500).
http://tripstrading.com/2015/10/09/sp500-how-cycles-take-their-time/
Today, OCT 8, points at a 7, 21, 42, 119 and 154 day cycle (TripsTrading Cycle Model, TTCM).
Tomorrow and Saturday represent a Bradley Model Date, OCT 9 and 10. According to the Bradley Model: October 9-10 – On these two Days there are very strong turns in both the Middle Terms and Declinations, and this could result in an especially strong turn.
If the total cycle lasts 63 days, the decline will last till OCT 26. The 1850 -30 Price Target is based on the Negative Reversal of SEP 30.
So the cycles seem lined up to change the short term trend.
That is all well and good, but it is October 9th.
His picture says it all.
Plot a red dot on this fuckers forehead and get it over with.