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Meanwhile, In Front Of The NYSE, They Are Celebrating The "Recovery"
There may be no flying cars, but at least there are Ferraris.
And what better way to celebrate the pinnacle of the economic recovery, if only for the "0.1%", than by laying out $25 million worth of Ferrari cars in front of the TV studio formerly known as the New York Stock Exchange on the day the legendary Italian carmaker celebrates its $10 billion public valuation courtesy of $13 trillion in central bank liquidity "trickling down" into at least a few select pockets.
With Fiat Chrysler CEO Sergio Marchionne outside the NYSE with the SF15-T. Ferrari IPO coming up! $RACE pic.twitter.com/58yeBeKsy0
— Bob Pisani (@BobPisani) October 21, 2015
Source: Twitter
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It's a small club....and you ain't in it.
Hey Bernie.....can we get Ferraris.....for everyone?
Fiats maybe,
fiat for sure. Lots and lots of fiat
And God said: Fiat Lux
In German, FIAT means;
:
Fehler
In
Alle
Teile
Translated, Error/failure in all parts
"Anger is a gift"
-Rage Against the Machine
All those cars were going to be delivered to lobbists......until Trump showed up.
He bought them all.....and then sent them to the scrap yard.....just to piss them off.
Beautiful cars. It’s the perfect time to sell Ferrari stock to the people who can’t afford the real thing. It’s a sign the top for Ferrari is near.
The IPO will allow them to expand and offer them at Walmart.
The TBTF banks in complete collusion with the FED are using ZIRP money, money that the TBTF banks never intend to pay back, because they cannot pay it back even at zero interest, because much of it is being scattered around Wall Street in bonuses... They're using this stolen ZIRP money to prop up the highly leveraged stock and bond markets with HFT. And this massive financial fraud is what is sapping the vitality out of the world economy, everyone and everything in it, like a rapacious, swirling black hole. There should be no confusion about the long known "moral risk" of such a scheme.
To make this groteque idiocy seem something like more normal, the government is leaning toward legalizing dope, while our own government has become and endorsed the major suppliers of illicit and pharmaceutical narcotics worldwide.
These hope and change doper-progressives need to be exposed for what they are doing.
Moral risk, my ass. These political people are giving Caligula run for his money.
Another doper-progressive just got himself elected in Canada. The name "Justin Trudeau" will live forever in infamy.
Ya they will have to expand alright if they are offered at Walmart....about 3 feet wider.
need oprah
(you get a car, you get a car)
Where's Whoppi and Orpah is right! It's a very rayciss celebration. Wait 'till Jesse Sharpton hears about this!
Damn right!! We need our moral backbone back!! Get a Bush back in there!! Jeb(!) for pres.!!
"Elected"
Voodoo is real, and it keeps the ignorant masses in full delusion.
in a captured country, elections legitimizes FASCISM
the USA and Canada are captured
"Another doper-progressive just got himself elected in Canada. The name "Justin Trudeau" will live forever in infamy."
it will take decades for Canada to recover after Trudeau (representing moneyed interests) gets done implementiing Corporate and Bankster policy
Trudeau will ratify TPP (loss of sovereignty, NAFTA on steroids, rent seekers, generic drug wipeout, environment degredation, FASCISM)
one of Trudeau's economic advisors include Larry Summers "As Clinton’s Treasury Secretary, he backed banking deregulation, ignored industry fraud, supported its consolidation, promoted anything goes, and spearheaded Glass-Steagall repeal."
"You can buy a $25 Ferrari card for yourself and friends, and share the experience, pleasure and status of owning a Ferrari...along with 10,000 partners to share with on the weekends..."
Conspicuous Consumption for the masses, now what the hell will the elite flaunt to emphasize their superiority??
Bite your tongue VFG !!
Private Jets
Wal-Mart - NO...Costco - Maybe (I love you)
The "top" has come and gone. At least until Janet awakens from her coma and her handlers get her ready to make some QE IV "remarks" to the MSM tools.
Sir, you are incorrect!
The Sign for the top was "The fat lady siging praises of weight watchers"
It is unbelievable the "joke " was missed by so many.
Buy with confidence
This generates thoughts of the Place de la Concorde.
In the south we called them flats
Around here, it's Fix It Again Tony.
Fix It Again, Tony.
In 'Murican, Fiat means "Fix It Again, Tony!"
(Sometimes it is beneficial to read the rest of the thread before posting.)
In America, we have something similar.
Found
On
Road
Dead
What happened to "Fix It Again Tony" ?
After the IPO, Ferrari can follow Fiat's example, pay off friends of the troika and avoid paying taxes. Taxes are for little people.
http://www.marketwatch.com/story/eu-orders-starbucks-fiat-to-pay-up-over...
They are doing Nemesis plan they are posing for termination, people despise them already.
This agression will not stand
Keep the club. I've never been much of a joiner...
They'll want fast cars, right?
Good bourbon, fast cars and faster women.
I've never seen some guy cruising A1A in Ft. Lauderdale driving a Prius get swarmed by bikini-clad girls. Then again, I've never seen a two-seater convertible red Prius. Maybe that'd work.
Jump! You Fuckers!
You know you're overly pessimistic when you spit at the sight of 15 of the most beautiful Ferraris ever made, whining about how the world is such a bad place.
Jump in the Ferrari.....go see Bruce....I mean Caitlyn.
Hope I don't kill anyone along the way.
Our primary economic stimulant is the desire for what we can not have. Ferrari is the epitome of this.
when will it be food and clean water?
soon enough
In well over half the world's population clean food and water already is the primary concern.
BTW, as per World Bank (or some other whatever organization) the top 1% income earners (as measured by Gross Unadjusted Before Tax income) globally, make about $25,000.
Either way. A mere digression to place some perspective on the .1%, the Cabal of Monied interests, the descendants of the Reptilians, feasting upon others misery.
Never. (good) Food and clean water are not in the "public interest"
I'm such a terrible serf. I find the prospect of owning a Ferrari to be abhorrent. No worries, as I'll never be able to afford one. Kinda peaceful now that I think about it.
Why would anyone want a ferrari when you could have one of these?
https://www.youtube.com/watch?v=v6MO8hU--Io
Maybe if it came in red I'd be tempted...
In the soon-to-be real world, those who drive Ferraris will develop sudden 90 degree kinks in their necks. Be thankful we drive beaters.
A $150 skateboard with best-in-class parts will provide more about three infinities of joy more than a Ferrari ever could, not to mention, it can fuck up the Ferrari. Skateboard vs. Ferrari... skateboard wins lol.
what we cannot afford/pay for.
And, by dangling { the keys to a car | diploma of an 'education' | home in the suburbs | etc.} in front the the average person, they foolishly trade their lifetime for serfitude.
Hang criminal wall street !
Materialism has a voracious appetite.
In the end it consumes the consumer as well.
The reality is that crass consumerism is evident across the whole spectrum.
Every layer of society simply indulges in what they can afford.
Sumbody tex me when I kin rent 22" rims for my ride using my EBT.
Here ya' go, champ!
http://www.ezrims4rent.com/
Oh and as an aside, you can always go to a Trader Joes in CA. Their card swiping machine has credit, debit, EBT and EBT Cash amongst the options
Oh yes, you read that right and get the Whole Pic!
Converting EBT into Cash!
Bingo, motarfuckas
Wurd up dawg.
Flat screen TVs and Hublot watches are crass consumerism, but a Ferrari is just good taste.
"Every layer of society simply indulges in what they can afford."
Well said. When the goal of most people is gaining and hoarding wealth, the end cannot be too far behind. This has been written about before, if I recall correctly Matthew 6:19.
:)
I miss my invitation.
Your United States Postal Service is not so good, right?
--Enzo
How much for that blue one?
856 bucks. Send me paypal and it's yours man, just pm me for details.
How much for that blue one?
"If you say no, Elwood and I will come here for breakfast, lunch and dinner, every day of the week."
https://www.youtube.com/watch?v=ZLUiK2lbN2s
Rollin' rollin' rollin'...
Stolen' stolen' stolen'
;-D
It sucks to have good taste. A 1960s Ferrari is preferable to anything new they make...and yes, very very expensive. GT 250 California would be my guess, $10 million maybe.
http://jalopnik.com/391696/1961-ferrari-250-gt-california-sells-for-1097...
Hey, I got a '96 Volvo 850R (red of course) for $1200. It is a delightful ride, and cost over $40,000 in '96 dollars. The local burglars all think I'm gangsta so they leave me alone...
Ostentatious displays of wealth are soon to become magnets for the eyes of people that you don't want looking at you.
;-D
It's amazing what you can find just sitting out randomly. Even in my dumpy farm town of 2,000 there's a vintage Bugatti and a Dusenberg (in addition to a small horde of nouveau riche eurotrash toys, and some other vintage US cars that seem strangely out of place).
If a car manufacturer is still making a model, then they will sell it with ANYONE with the requisite fiat, which defeats the notion of "exclusive" in the era of modern central banking.
I prefer the 250 GTO from the early 60s. Mine, unfortunately, is only about a foot long. On the other hand, I saved about $15 million that I didn't have anyway. Damn, I wish I could print my own money, just like the Fed.
And just to remind us what the Fed has done to our money, in 1962 one could buy a brand new Ferrari for $12,500, battery included.
How much you got?
fiat money....fiat quality...gargbage for garbage
If you have to ask you don't have enough.
So...per the norm for IPO's, this is Ferrari's peak.
they slid under the wire like allan guatermain out of king solomon's mine.
next up, the unicorns doing gagool.
it is important for the king to remind the peasants of their status;-)
r
https://enronnext101.wordpress.com/
Is it possible the top 25% can continue to hold up the economies? If 50% have less than a few thousand saved, these folks must be working overtime at spending. It's live for today, tomorrow never comes.
Gold Bitchez.....I pick up pennies
Fast cars, cheap thrills. Lost my mind.
Life in the fast lane...
Who do you think buys them?
They should have salesman visiting the NYSE frequently.
And not a trash bin in sight...
After all... the World is but a "stage"!...
EAT SHIT!!!!!!!!!!!!!! BASTARDS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
i prefer my ten year old ford to be honest
my 94 f150 tows my camper pretty well
r
I love my 1989 Ford F350 diesel... I can run 100% biodiesel in it if I want to, and dont have to worry about pouring cat piss in it (er, I mean DEF) Let some asswipe in his Ferrari convertible with the top down pull up behind me at a stoplight... when it goes green Ill roll some coal on his poseur ass. He/she will want to rush home and spend hours rubbing his toy with diapers, crying like a little girl the whole time...
If its a Panther Frame Ford product never let it go.
Expect more car-becues in the near future as the natives get restless and seek to lash out at the oligarchs.
Maintain a Prole PatinaTM on your vehicle.
I don't think Ferrari's will be that effective in crossing roadblocks of burning tires and razor wire. They should be investing in transportation equiped with steel tracks and armor plating. Oh wait, they're already doing that...
Fiat means : Fit it again Tony, more miles on the lift than on the road...
HOW WALL STREET GOT IT'S NAME:
Ho God, i can only imagine à crash on thebvery same day ....
$10 billion is based on the pre-IPO price. Who knows what this bullshit will climb to. IN a day Ferrari could be worth $30 billion.
The IPO is being billed as, "Can't afford a Ferrari, well buy a share of the company so you too can own a piece of a legendary auto."
I truly hope this is the top. I can't think of any better way for the market to crash than to have Ferrari crash and burn.
These are not the Teslas you're looking for.
Great post.
I fucking second that.
I hope this Ferrari asinine IPO, along with that fucktard Pissanti, gets sucked into the Matrix of a full blown market meldown, a la the bidet.com craze
The car that I've had the most fun driving is a 2000 BMW 540i (automatic with the sports shift and the M-sport package including suspension etc). In Canada, they had the M-sport package from 2000 - 2003. In the USA, only in 2003, the last year of that version of the model (E39).
If you can wrench (not afraid to work on the car), you can pick one up for a great price and still have years of driving pleasure - even today.
I've seen two cars spontaniously burst in to flames in my life and they were both BMW's. Just sayin'.
(and one dump truck)
Half of the people in America would quickly become very, very unhappy climbing into and out of a Ferrari in order to commute back and forth to work every day, never mind driving a manual with a heavy clutch in bridge traffic. If Ferraris were cheap, most people would never go near one.
It is sad the way ordinary people suck up to money and chase expensive brand names. Ever wonder why so many rich people are unhappy? Then, obviously, you've never had much money because money does not fix what is most urgently in need of fixing with regard to the human condition. The poor chase money like people in the desert chasing a mirage...they're so thirsty they cannot be bothered with the notion that the picture of the oasis in their heads is nothing but an illusion.
Actually a study was done and found money can buy happiness. By giving it away.
Anyone who has ever given away money of their own free will doesn't need a study to know that. Too bad more people don't...
... mostly because they think it's about having it instead of what to do - or not - with it
but to come back to Ferrari: of course it's not a scalable business like "every person could need/buy a cellphone or even a smarphone", at least not the cars themselves
what is really driving the brand is it's presence in the F1 races (with attached business from ads to memorabilia), and the fans buying into the IPO aren't Americans, they are Arabs (though Asians are also getting more and more into F1)
"...what is really driving the brand..."
and it's deliberate exclusivity.
The system is designed to separate us, one from another, then tries to have us fill that "emptiness" with stuff. Consumerism is a sham, its like a sugar pill sold to the masses, as a cure all for our moralless, antisocial and selfish society.
Constructed and implemented by those on the top, those who control the Fed and the central banking system, as well as just about everything else these days.
If Ferraris were cheap they'd be called Pontiac Fieros or Toyota MR2s.
I love Ferraris-especially the older ones.
That said, when you factor in depreciation, maintenance, insurance, they cost about $10/mile to actually own and drive. Own a Ferrari, and you end up feeding a lot of families-salesman, repairman, insurance agent, detailer, etc.
So, none of my family's 4 cars are from this century, are worth more than $1500 or have less thant 161,000 miles.
Look out for that steamroller and those assholes picking up nickles in front of it...
Reminder to non Ferrari condescendi, buy three. These piles of Italy require untold amounts of repair and maintenance.
The dealers don't have mechanics that know what they are doing. Parts take forever to get.
Then you have to deal with assholes who look down their nose at you, even though they have no clue.
Actually, a just reward for "financial" wizards.
If your Ferrari is in the shop, simply go for a cruise on your yacht.
Re the comment about looking down one's nose: I recall an old joke about sports car owners being the only people who looked down on other drivers from below.
Its confirmed. The 'Top' of the Auto Industry is 'in' with the RACE IPO. Downhill race from here.....
Any day now Obama will be introducing the welfare version of the Ferrari…
they recovered
Ironic, isn't it? On the front of the red Ferrari "race" car is the logo for 'Santander', the largest sub-prime auto lender around. Those guys in the photo are laughing at the debt-slaves, dreaming of their Ferraris, and owng for the next eight years on the Ford.
Easy financing terms to get you into a new 458 for only 3850.00 a month!
Italian Trash.
Can I show off the new microwave I bought?
Edit: except for this one. This one I would definately take out a HELOC on the McMansion and buy. Fuck the bank, they can keep the house. This one you can just cruise away until the wheels fall off.
https://ferraris-online.com/pages/carintro.php?reqcardir=FE-330GT22-8607
Nothing was better than the 1969 to 73 Daytona Spyders.
NYSE: the intersection of FIAT($) and Ferrari.
Having "Newspeople" as celebrities a large part of the problem. Those guys think that they are the achievers/do-ers.
The Oxford English Dictionary describes "tone deaf" as......
Ultimately it will be this kind of arrogant hubris that brings the guillotines to D.C. and Wall Street allowing everyone else to finally "celerbrate the recovery:...
same as it ever was...
You're 100% correct. Some day they are gonna regret doing stuff like this to rub people's noses in it.
Why would anyone want to drive a Ferrari on American roads?
They'd be rattling heaps in a few months.
Besides, you can do the speed limit in second gear...
...what are you going to do with the other gears?
m
Ferraris are f*cking fashion items..and that's it. A neighbor here has a black 458 spyder and drives it like a woman. Cruises around @ 20mph with the top down just to be noticed.
A new Z06 will melt your face at a 1/5th of the cost.
Cant wait til options start trading on this turd.
Long GM, short Ferrari
-chomu
You make a valid argument from a price/value comparison if you are just looking for speed. But let's be real- there's no comparing a Ferrari and a Corvette. None. One is a piece of artwork, the other is just a car. The GM engineers have made some strides, but every time I get in my brother in law's corvette and the shit is squeaking all over the place I'm reminded what the new cars will sound like in just a few years.
And to be "Long GM" just means you support crony capitalism, fascism and the Obama administration as a whole. The GM bond holders got fucked in the bailout while the Unions were saved/gifted for their reciprocated support. GM makes me sick, and I will never ever support that company again.
Agree, Farraris are rolling works of art, and I would enjoy driving one at any speed. GM deserves credit for not abandoning an exciting concept; the Corvette. As a working father of 4 I was able to afford an older C4 and drive it to work for 10 years. It made those last10 years a little bit less painful. And it never left me standing on the side of the road like my Honda CRX did.
Please go on. Celebrate with as much big bangs as you can.
They are simply showing that crime really does pay while at the same time thumbing there noses at the so called, "regulators". They are for now the untouchables.
Nothing SAYS "fuck you, peons" like a Ferrari...
The color schemes of red, orange and yellow, the balloon tires, they look like toys that come with a Happy Meal.
Picture Ronald McDonald standing there, he'd fit right in.
When I get rich I'll stop by McDonald's and get me a Happy Meal Roadster.
I heard that the Ferrari dancing horse is gay...
I loved my Subaru Justy... that bad boy could go from zero to sixty in just under an hour...
No angst or envy. These toys just have to get louder and more colorful to sneer the 99%. Ignoring the glitz is self defense.