Harry Reid Urges "Calm" Despite Stock Market Drop

Tyler Durden's picture

You know America's economy (and politicians) has become entirely financialized when Senate Democratic leader Harry Reid says the following:

  • *REID: LAWMAKERS SHOULD `STAY CALM' DESPITE STOCK MARKET DROP
  • *REID: TOO EARLY TO TALK ABOUT RESPONSE TO STOCK-MARKET DROP

Stocks are down 10% from their highs after doubling or more for 6 years. Speechless.

Here's why!!

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Kaiser Sousa's picture

die already u fucking parasite...

or at least have another accident on the tread mill mother fucker....

johnvallo's picture

OFF THE LOWS! No panic here.

Gaius Frakkin' Baltar's picture

So harry reid is the self-proclaimed expert on when to start the bailouts?!? Cuz you did such a good job last time harry??? LOL...

Sounds like it's time for another black eye.

Tom Servo's picture

Russell is green, naz going green....

 

dead cat bounce?

 

Boris Alatovkrap's picture

Harry "It's a Civil War" Reid is call for calm? Maybe Mr. Reid is tight on margin call for long position? Or maybe is just crazy irrational old fart. Let us take poll...

Boris Alatovkrap's picture

<-- Harry Reid is Evil Power Organ

<-- Harry Reid is crazy old fart

(Hint: Harry Reid is long history of ugly deed)

Herd Redirection Committee's picture

This is the catch, they have done this to themselves by telling us while the stock market was going up: "See, the Dow is up, that means the economy is doing well, and well on the road to recovery!  Just wait, and you will see.  Jobs, promotions, raises, benefits, are all just around the corner!"

So now they have to tell us "A decrease in the index does not correlate to expected economic performance.  It was just overpriced a little.  The economy is still strong!  Don't believe your lying eyes!"

 

Tom Servo's picture

Nasdaq is green, next up, S&P 500...  you can do it Kev!

 

pods's picture

Bears went from riding high to getting one in the pooper.

pods

Dave Thomas's picture

Bang that fooking close!

Bay of Pigs's picture

The ESF was very busy today. Look at that fuckan ramp.

MANvsMACHINE's picture

The Hairy Rod should pay a visit to his good friend, John Murtha.

847328_3527's picture

It's no wonder his brother beat the crap out of him. Reed is such a POS.

knukles's picture

But don't forget in all of this, that Harry Reid is an asshole.

Come on, Harry, DO IT!
Make some fabulous pronouncements about saving the stock market and watch the bitch crash and burn.  Ever figured that every time you guys get involved, it gets fucked up?
Go ahead.  Yell it out loud, help us out here, Harry.

Harry, if you really wanted to help us out, you'd douse yourself with High Octane Ethyl, light your ass and run around singing Happy Happy Joy Joy ... help with the gas overhang as well.
Do some thing useful!

Pumpkin's picture

<-- Harry Reid sack of shit satanist

Boris Alatovkrap's picture

<-- Reid is crazy old fart, offspring of satan

<-- Reid is wonderful grandfather figure inspiration for young people.

There, new polling.

Canadian Dirtlump's picture

Yes Reid is a Satanic fartface / demonic vessel.

Osmium's picture

Not sure.  Green after that drop would be considered a HUGE victory.

OregonGrown's picture

Agreed.....

 

Fucking harry "PALMS" reid just needs to shut the fuck up,  before the PTB sends in the mafia to dot his beady eyes and punk out his ass again!

Baby Bladeface's picture

Translation of Reid: "Aaaaaahhhh, sky it is falling!!!!"

SuperRay's picture

Market came back because everybody knows the fed will step in when things were about to get out of hand. Today qualifies for out of hand. Remember kids, if you believe it you can achieve it!

o r c k's picture

Maybe he's a secret member of the PPT.

Bangin7GramRocks's picture

No need to panic. Patriotic citizens have stepped up to buy all of these bargains at rock bottom prices. I suggest you do likewise.

STP's picture

We BTFD'd some folks.  (and then squeezed them like little muppets later on!)

Gamma735's picture

He can not retire soon enough.  I think someone beat him up and told him to retire.

mtndds's picture

Oh man, we are fucked.  When this turd has to come out and speak then that means he is starting to get shit stains in his shorts.

The Saint's picture

Go pick another fight with your Stair-Climber, Harry.  Maybe you'll lose the other eye.

Canadian Dirtlump's picture

He should do a pay per view featuring the video of him getting the brakes beaten off of him ( i.e. his exercise accident ) by the Lansky crew and donate that money to a sustainability fund for americans. You'd all be fat as pigs.

undermind's picture

I thought he had Kaposi's sarcoma.  

undercover brother's picture

ah, so that's where the buying is coming from.  politically expedient presser along with properly timed program buys.   well done, dingy harry.  

buzzsaw99's picture

relax. you KNOW it's coming.

Dr. Engali's picture

Stay calm, the pitchforks aren't coming...., yet.

Baby Bladeface's picture

Tar is to boil still heating, bags chicken feathers ready...

tarabel's picture

 

 

We do agree on some things, don't we?

Baby Bladeface's picture

+1 had to give.

Sometimes old ways of tradition still best remedy...

Demdere's picture

I predict we are coming up on remarkable unanimity on this subject, quickly.  There are few who would not shitcan this government in moments if we could understand what happens next, the initial shitcan being the easy first step.

I see no alternative to throwing out everyone from gov and military levels above lowest-level of col or equivalent pay.  Then appoint ordinary people by lottery, but absolutely no government background.

Encourage them to deliberate a long time, we all want to understand everything.  And then do something intelligent.  The longer we put this off, the more urgent the problems that will need corrected.  Ideal for dictators.

Our current Deep State, whatever that turns out to be, will be shown to be magnificent in control far beyond any of Hitler's propagandists.  The only question is how many people realize that before their takeover or after.  This is a well-trod route to dictatorship, and it is no accident that so many intelligence agency executives have been bubbling to the top of civilian and military leadership positions, nor the standard pass for political leaders through one of those agencies

The Hastert case has suitcases of cash and little boys delivered to Hastert's office.  What do you think? Direct payments from the military and CIA, tribute for distributing heroin through Chicago? Or part of the owner's manual the CIA gave him when they started providing the little boys?

Do you suppose that anyone inside the DEA has noticed that the military is the nation's heroin importer?

Hastert case also shows that access to pages was desirable enough to be paid for, the pattern of campaign-to-campaign payoffs is clear, ditto the payoffs for being caught.

Anyway, war profits, blackmail, drugs and oligarch-takeovers of foreign countries are the fuel of the government, the drivers of policy.  We are back to the days of governments as bands of pirates under a national flag. 1400 England and Spain.

E.F. Mutton's picture

Now THERE is the voice that inspires...Runny Bowel Movements.

Lumberjack's picture

What's the matter Harry, those insider trading tips not working out?

Yen Cross's picture

   Dingy Harry still hasn't fully recovered from his (caugh* caugh*) exorcise[sp] accident.

thx111's picture

I wonder what kind of insider info. he's been getting.