And Now, The Dumbest Thing You Will Ever Hear

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Wed, 08/10/2011 - 07:15 | 1545508 Bobbyrib
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They're pretty good bullshit artist.

Wed, 08/10/2011 - 07:22 | 1545524 Gene Parmesan
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A good bullshit artist would be able to sell the painting they created with said feces. These bullshit artists are going to end up with a basement full of the things.

Wed, 08/10/2011 - 07:49 | 1545583 Bobbyrib
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The ECB is like the Fed in that it can continue to run its bullshit scheme until the majority of the people in Germany wake up to the fact that their tax dollars are going towards purchasing assets with little to no value. So in the sense that the scheme is still going, I would argue they are pretty good bullshit artist. How many countries and how many asset purchases do the German people have to fund before they say 'enough is enough'?

Wed, 08/10/2011 - 09:17 | 1545805 Manthong
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" bullshit scheme.. until the majority of the people ... wake up to the fact that their tax dollars are going towards...   little to no value"

Skip over a few words and you have described the situation right here, too.

Wed, 08/10/2011 - 12:51 | 1547075 BigJim
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Big Ange is not going to get re-elected if germany is left on the hook for this.

So either the politicians will say 'no more'... and watch Euroland implode, or they'll give the ECB the nod to print (and kick the can down the road another year or two).

Pain now... or pain later, on someone else's watch; it's pretty obvious which they'll opt for.

Wed, 08/10/2011 - 10:10 | 1546099 A.W.E.S.O.M.-O 4000
A.W.E.S.O.M.-O 4000's picture

Funny story. I actually tried to send a portrait that I made out of feces to Jennifer Aniston.

 

The restraining order should expire in about 6 more months.

Wed, 08/10/2011 - 10:44 | 1546286 Libertarian777
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No, they'll just pass a law that everyone must own a feces painting

Wed, 08/10/2011 - 14:47 | 1547567 Gene Parmesan
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Sad but true.

Wed, 08/10/2011 - 07:49 | 1545588 Ethics Gradient
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It's worse than bullshit. Its logically incorrect.

He's buying bonds to lower the yields so that 'the market' will think the risk is lower than they otherwise would.

He's manipulating the market because he thinks it is wrong and then justifies the risk by saying the market is right.

I've run out of words.

Wed, 08/10/2011 - 08:04 | 1545619 taraxias
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awesome post

Wed, 08/10/2011 - 12:31 | 1546958 valachus
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Attorney General: "Brawndo's got what plants crave." 

Secretary of Energy: "Yeah, it's got electrolytes." 

Joe: "What are electrolytes? Do you even know?" 

Secretary of State: "It's what they use to make Brawndo." 

Joe: "Yeah, but why do they use them to make Brawndo?" 

Secretary of Defense: "'Cause Brawndo's got electrolytes."

Idiocracy.

 

Wed, 08/10/2011 - 08:16 | 1545647 DaddyO
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"Bullshit Artists" doesn't begin to define them!

These talking heads haven't a clue of true economics, how business really works, unfettered by gubbamint intervention. None of them have ever had to make a payroll, do a budget, or figure out an ROI on a capital purchase, they're absolutely freakin clueless.

DaddyO

Wed, 08/10/2011 - 07:19 | 1545514 Sudden Debt
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A woman also can't get pregnant if she sits on top

Wed, 08/10/2011 - 07:20 | 1545520 BlackSea
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of another woman....

Wed, 08/10/2011 - 07:23 | 1545528 Sudden Debt
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as long as she doesn't use any tongue...

Wed, 08/10/2011 - 07:34 | 1545550 Quintus
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Not sure how that would affect her chances of conception, but I'll take your word for it.

Wed, 08/10/2011 - 10:06 | 1546080 Dark Space
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This theory obviously requires further testing

Wed, 08/10/2011 - 07:21 | 1545522 oobrien
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Here's something fucking stupid.

Let's give up the ghost and listen to the Ben Bernanke Song:

http://www.geraldcelente.proboards.com/index.cgi?board=music&action=display&thread=320

We all need some entertainment sometimes.

Wed, 08/10/2011 - 07:22 | 1545526 Sudden Debt
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I've already heard rumors of these Uranusains Aliens buying bonds but never found any real information.... AND NOW THAT IT'S ON THE INTERNET IT MUST BE TRUE!

THIS HAS WAR OF THE WORLD WRITTEN ALL OVER IT!

 

Wed, 08/10/2011 - 07:36 | 1545556 cossack55
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Is not an alien from Uranus actually Turd Ferguson?

Wed, 08/10/2011 - 07:39 | 1545564 Sophist Economicus
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I just told all aliens from myanus to stop buying these bonds. I suggest you do the same, lest you loose a boatful of money!

Wed, 08/10/2011 - 07:47 | 1545579 Mike2756
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But they can't possibly go any lower! He sez so.

Wed, 08/10/2011 - 08:33 | 1545679 Miss Expectations
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Uranus jokes aside, a casual study of alien civilizations all over the world indicates that their interest was GOLD (and perhaps Mercury).

Wed, 08/10/2011 - 08:58 | 1545732 old naughty
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but but but...aren't those  empty Chinese houses waiting for them?

Damn, hard landing!

Wed, 08/10/2011 - 07:23 | 1545527 chump666
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ECB are idoits, their unrealized losses are nose bleeding.  

gonna be some brutal volatility today...

Wed, 08/10/2011 - 07:24 | 1545529 Sudden Debt
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what are idoits?

 

Wed, 08/10/2011 - 07:30 | 1545542 MsCreant
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You got pregnant, didn't you?

Wed, 08/10/2011 - 07:39 | 1545562 MarketTruth
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He is only "a little pregnant".

Wed, 08/10/2011 - 08:00 | 1545609 snowball777
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Doit a small piece of money; a trifling sum; a small part of anything; a bit; a jot—Johnson, 1755.

And an iDoit...is a trifling sum made by Steve Jobs.

Wed, 08/10/2011 - 08:59 | 1545735 old naughty
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i do its.

Wed, 08/10/2011 - 07:26 | 1545534 oogs66
oogs66's picture

they need to hire some people with market experience, instead of more arrogant politicians, economists, and lawyers.

Wed, 08/10/2011 - 07:28 | 1545539 Sudden Debt
Sudden Debt's picture

they need to hire some people with market experience

Goldman Sachs?

 

Wed, 08/10/2011 - 07:30 | 1545540 BlackSea
BlackSea's picture

The man said people, not hienas...

Wed, 08/10/2011 - 09:01 | 1545742 old naughty
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why not?

Set them us as silos, so the left hand fighting the right hand.

Some scene.

Wed, 08/10/2011 - 09:04 | 1545751 Silver Dreamer
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Jim Cramer?

Wed, 08/10/2011 - 07:27 | 1545537 Cdad
Cdad's picture

Yes, that thing gushing out of your nose is blood.

Nope...it's my coffee.  Dammit Tyler...

Wed, 08/10/2011 - 07:38 | 1545560 Pay Day Today
Pay Day Today's picture

I hope that the "EU lawmaker" reading those comments choked as well. Otherwise its just the blind leading the blind off the toxic sovereign debt cliff.

Wed, 08/10/2011 - 07:40 | 1545566 oogs66
oogs66's picture

more likely he did a fist pump and said 'told you so you dumb f**ken speculators' in whatever language he or she likes to gloat in

Wed, 08/10/2011 - 07:33 | 1545546 orangedrinkandchips
orangedrinkandchips's picture

I was told you either PAY out the nose or BLEED out of it....take a pick

Wed, 08/10/2011 - 07:34 | 1545551 alexwest
alexwest's picture

well, I guess Olli Rehn missed risk free trade of life time ..
buying ABX index in the end of 2007 year.

alx

Wed, 08/10/2011 - 07:35 | 1545552 Debtless
Debtless's picture

I wouldn't buy anything coming out of uranus these days. It's all crap.

Wed, 08/10/2011 - 08:01 | 1545613 snowball777
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You misspelled China.

Wed, 08/10/2011 - 07:35 | 1545553 Ignatius J Reilly
Ignatius J Reilly's picture

Between Tyler and Sudden Debt, I now have to go home and change my clothes.  Hilarious.

a redhead, brunnette and a blonde are all in the same delivery room.  The redhead says, "i just know I'm going to have a girl because I was on top when we conceived."

the brunette says, "and I know I'm going to have a boy because he was ontop."

The blonde starts sobbing.

"I'm think I'm going to have puppies!", she cried.

Wed, 08/10/2011 - 09:21 | 1545826 MsCreant
MsCreant's picture

That's some rough humor.

Wed, 08/10/2011 - 13:01 | 1547122 Ignatius J Reilly
Ignatius J Reilly's picture

My appologies.

 

For the record, I've been reading ZH for years.  You are one of my favorites from the old days.  I can suffer no worse injury than one I cause to you.

 

I hope that you will forgive me.

Wed, 08/10/2011 - 19:58 | 1549151 MsCreant
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Ruff! Ruff! Ruff! Humor!

;-)

Thu, 08/11/2011 - 08:12 | 1550209 Ignatius J Reilly
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Wow, I'm an idiot.  That's hilarious.  How did i miss that?

Wed, 08/10/2011 - 09:43 | 1545948 Bastiat
Bastiat's picture

Puppies are cute!

Wed, 08/10/2011 - 07:37 | 1545558 terranstyler
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It's pretty simple, Rehn believes in market efficiency. This is why all risk is priced in and interest rates are fair. Wait a minute...

Wed, 08/10/2011 - 07:51 | 1545565 whirlybird rules
whirlybird rules's picture

Why should the lunatic stop talking shit?  They have been doing it since Greece went down the first time.  Whenever Tricket bestows his assurances, THE MARKETS RALLY:////     The Europeans love their European investments.  Many middle class Europeans (I'm talkin' farmers, small business owners, mid level professionals)  know the value of the US dollar to the Euro BUT THEY ARE NOT WATCHING THE SWISSIE TO THE DOLLAR.  Meanwhile, the EU captains and queens will do ANYTHING to keep their cushy jobs, go to their lovely hotels, and drink the '82 Mouton Rothschild.  (Merk truly loves it when Sark kisses her ass:)   As evidenced by Olli's assessment, they are not capable of finding real jobs.  They are rats > expert scavangers - no brains.   Meanwhile, the Chinese hold down the dollar and thereby diminish trade flow between the US and Europe. The Chinese get the added bonus of seeing the US sink into a black hole...  they're excited!!!  Ok, so it's costing them some money.  What?  like the US doesn't spend mega bucks spreading influence via the military?     PS- whirlybird by some definitions is the bird that flies in ever decreasing concentric circles eventually to fly up its own asshole and dissapear..  

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