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And Now, For Some Great Economic News

Tyler Durden's picture




 

Who says we focus only on the bad stuff (which is pretty much everything, if one were to strip out the tens of trillions in "one-time" support from fiscal and monetary authorities)? Here is some actual good news, from Bloomberg:

  • FERRARI SEES 'OUTSTANDING' 2011 AMID ECONOMIC UNCERTAINTIES.

We are confident our readers in Zuccotti park will be delighted to hear this. So will the Ferrari dealership at 55th and Park.

 

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Mon, 11/07/2011 - 11:50 | 1853204 maxw3st
maxw3st's picture

Are they getting funding from the EFSF too?

Mon, 11/07/2011 - 11:51 | 1853214 SwingForce
SwingForce's picture

No, TARP- they are part of Fiat (Chrysler?)

Mon, 11/07/2011 - 12:02 | 1853270 dwdollar
dwdollar's picture

Ferrari has a good angle of attack for scooping up OWS protesters and shoving them out of the way (like an old cattle guard). Not that I'm trying to encourage class warfare to hasten the inevitable civil war or anything...

Okay, yes I am. In other words, it's going to happen. Let's get it over with.

Mon, 11/07/2011 - 12:07 | 1853298 WestVillageIdiot
WestVillageIdiot's picture

This is too funny.  I just walked by there on Saturday.  I can't remember how busy it was.  I asked my friend from out of town if he wanted to stop in and buy a Ferrari.  He did not.  Unfortunately, he is not an overpaid financial blowhard.  He is just a Midwestern working stiff.  Instead we went up to the Upper West Side and ate greasy food and drank beer.  I enjoyed that more than the Ferrari. 

I heard only old blind buys like Ferraris in Manhattan. 

Mon, 11/07/2011 - 12:21 | 1853371 topcallingtroll
topcallingtroll's picture

I disagree.

I have been getting laid more and attracting younger chics with only a Mazda MX5 special edition.

I cant imagine how many chics you would attract driving around a Ferrari, or a beemer or mercedes.

Getting chics is the reason guys buy the expensive cars. They may pretend it is about horse power, performance, quality....I just laugh when I hear that.

Mon, 11/07/2011 - 12:43 | 1853471 Agent P
Agent P's picture

"Getting chics is the reason guys..."

You could pretty much write anything after this part and it would come out true.

Mon, 11/07/2011 - 13:23 | 1853721 Arthor Bearing
Arthor Bearing's picture

...get jobs as bankers/traders? Check.

...occupy wall street? Check.

...run for president? Check.

...demand immunity before resignation? More or less.

I like this game!

Mon, 11/07/2011 - 14:30 | 1853999 Arthor Bearing
Arthor Bearing's picture

Troll I wonder who voted you down. Is suggesting women are attracted to signs of wealth really that contentious?

Mon, 11/07/2011 - 12:12 | 1853327 Long-John-Silver
Long-John-Silver's picture

Ferrari is efficient. They will not scoop up protestors only to dump them elsewhere. They will be transported to the Soylent Green Processing Plant.

Mon, 11/07/2011 - 12:55 | 1853557 narnia
narnia's picture

a civil war connotes the people worth a shit in this country actually want to take over the governace of the whole or that the redistributors have the ability to impose their will on everyone.  

we're not going to have a civil war.  my guess is the US will experience a good, old fashioned political disintegration USSR style, only political rather than ethnic.  the south will be the south. the northeast will be the northeast.  the southwest will be mexico lite.  and, everything in between will be a bunch of different things.   

Mon, 11/07/2011 - 13:26 | 1853733 Hugh G Rection
Hugh G Rection's picture

Occupy a Ferrari...

Pop some exlax, Put on a suit/tie, act like a pretentious fuck, test drive the new 458, and spray shit all over the interior

Mon, 11/07/2011 - 11:52 | 1853225 i_fly_me
i_fly_me's picture

Indirectly ... yes.

Mon, 11/07/2011 - 11:57 | 1853254 Bwahaha WAGFDSMB
Bwahaha WAGFDSMB's picture

Yup, bailouts -> million dollar bonuses -> expensive cars.

Mon, 11/07/2011 - 12:01 | 1853273 Surly Bear
Surly Bear's picture

Yup, waiting to exercise my SARS and we're golden...so to speak.

Mon, 11/07/2011 - 11:54 | 1853241 Ethics Gradient
Ethics Gradient's picture

No, but their President Luca Di Montezomelo rather fancies a top political job. Perhaps when that happens, all Taxi drivers in Rome will be obliged to drive FFs.

Mon, 11/07/2011 - 12:01 | 1853271 The Big Ching-aso
The Big Ching-aso's picture

What's the difference between ferrari and fiat?

 

One goes vroom the other goes boom.

 

Mon, 11/07/2011 - 12:18 | 1853361 GeezerGeek
GeezerGeek's picture

I had a Fiat in 1966. It was a great little sedan for the time, but when the rear end of my Fiat met the front end of a Ford station wagon at high speed my Fiat when boom. I don't recommend anyone else try it.

Mon, 11/07/2011 - 12:16 | 1853345 Odin
Odin's picture

E- Everybody

F- Funds

S- Someone-else's

F- Fuck-Up

Mon, 11/07/2011 - 11:50 | 1853212 redpill
redpill's picture

If only it wasn't in the middle of traffic congested Manhattan, they could do some flybys in a new 458 Italia, that would be just the ticket to get the rabble roused.

Mon, 11/07/2011 - 12:02 | 1853280 gojam
gojam's picture

Looking forward to seeing a picture of a man leaning against his Ferrari with a sign on it saying "$100 will buy you this car, lost all in Stock Crash."

Mon, 11/07/2011 - 12:08 | 1853304 Bam_Man
Bam_Man's picture

Except this time the sign will say "$100,000 will buy you this car..."

Mon, 11/07/2011 - 12:41 | 1853461 Chaffinch
Chaffinch's picture

With hyperinflation there would be a lot more zeroes. Too many - I think we might need a bigger placard...

Tue, 11/08/2011 - 01:55 | 1855657 i_fly_me
i_fly_me's picture

Except this time the sign will say "1.000 ozt Au will buy you this car ..."

(there, I fixed it for you)

Mon, 11/07/2011 - 11:51 | 1853215 ThirdCoastSurfer
ThirdCoastSurfer's picture

To those that BTMFD,  I salute you! Please drive safer than you invest! 

Mon, 11/07/2011 - 11:55 | 1853220 GeneMarchbanks
Mon, 11/07/2011 - 11:52 | 1853221 Fips_OnTheSpot
Fips_OnTheSpot's picture

-!- Fips_OnTheSpot changed the topic of #twitter to: Fips_OnTheSpot's last update: @zerohedge it's germans buying Ferrari
          instead of physical gold - since no longer available

Mon, 11/07/2011 - 11:52 | 1853224 HelluvaEngineer
HelluvaEngineer's picture

Banner year for coke dealers and hookers too

Mon, 11/07/2011 - 12:12 | 1853240 Hard1
Hard1's picture

Yep, that's what Timmey's mom and dad are reporting

Mon, 11/07/2011 - 12:04 | 1853286 The Big Ching-aso
The Big Ching-aso's picture

What's the difference between a cactus and a ferrari?

 

A cactus has pricks on the outside.

Mon, 11/07/2011 - 12:09 | 1853312 WestVillageIdiot
WestVillageIdiot's picture

You could say the same about BMW.  Why does it seem that every BMW is driven by an asshole? 

Mon, 11/07/2011 - 12:12 | 1853321 The Big Ching-aso
The Big Ching-aso's picture

Because BMW's are being driven by assholes?

Mon, 11/07/2011 - 12:20 | 1853367 Taterboy
Taterboy's picture

I've been saying that for years. Never fails.

Mon, 11/07/2011 - 12:24 | 1853385 I Got Worms
I Got Worms's picture

The BMW 3 Series was the telltale sign of the $30K Millionaire back in the day. It was typically leased, with payments being made on credit cards.

Mon, 11/07/2011 - 12:43 | 1853476 DosZap
DosZap's picture

You could say the same about BMW.  Why does it seem that every BMW is driven by an asshole? 

Because like most upper end  Mercedes,BMW, etcetc drivers are LEASING them, and their CEO's.

Mon, 11/07/2011 - 13:04 | 1853623 agentdent
agentdent's picture

Well I own a 328i and an X3 for my wife,  both are completely paid off, no debt. I'm not a CEO , I'm a Linux Kernel/Systems engineer. I scrimped and saved and bought CPO too. :) I also don't own a house as I'm not going to play that game! Figured a slightly used 328i or a new Honda Accord V6.. test drove both. No comparison! 

 

Mon, 11/07/2011 - 12:03 | 1853226 truont
truont's picture

Yeah, for the 1%, business is a-boomin' !

 

Mon, 11/07/2011 - 12:09 | 1853307 topcallingtroll
topcallingtroll's picture

The anger should be focused not on the "rich" per se, but on the unfair advantages some of the rich have, such as bailouts and cozy relations with politicians, as well as advance notice of legislation and inside information that increases olugarchic wealth unfairly.

And the oligarchic rich would laugh at your naive view that $400,000 per year is rich (the majority of one percenters). It's nothing. Good luck having three kids in private schools on that income and making substantial contributions to retirement plans. You wont be able to afford that Ferrari. Comfortable yes. Rich definitely not.

Mon, 11/07/2011 - 12:11 | 1853318 WestVillageIdiot
WestVillageIdiot's picture

I would bet that a lot of Manhattanites that make $400,000 per year are up to their fucking eyeballs in debt.  Just look at how many former Lehman bankers were declaring bankruptcy in 2009.  Those guys spend more irresponsibly than athletes.  They all think their paycheck is testament to their never-ending brilliance instead of their ability to illegally manipulate markets. 

Mon, 11/07/2011 - 12:22 | 1853374 Freddie
Freddie's picture

The therapy sessions and STD treatments get expensive in the Big Apple of fiat ponzi.  Not to be confused with Fiat Ferrari.

Mon, 11/07/2011 - 12:25 | 1853386 topcallingtroll
topcallingtroll's picture

$400,000 per year in Manhattan?

If you attempt to live just an upper middle class life on that, then you will definitely be living paycheck to paycheck.

Mon, 11/07/2011 - 11:53 | 1853230 Never1
Never1's picture

I had to laugh when BMW (or maybe it was Audi?? one of the two, anwyays)i was reporting no signs of a recession based on their YTD sales back in Sept. Like those of us who are affected by economic stagnation would be shopping at BMW or Ferrari or any of the other luxury dealerships, even in the good times. 

Not hard to see where the money is going.

 

 

Mon, 11/07/2011 - 12:27 | 1853397 Freddie
Freddie's picture

It was both Audi (VAG) and BMW plus Mercedes and Porsche.  A lot of that is Asia as well.  AUdi-VW is selling a bigger Paasat made in Tennessee for $19,000.  It is a damn good deal except they Americanized it and it looks like shit.   You can pick up Mercedes, Audis and BMWs on the lower end for not much more than some piece of shit GM or Chrysler made by UAW Obama loving scum.  

The UAW types who smoke dope and drink 2 quarts of malt liquor on their lunch break.

Mon, 11/07/2011 - 11:54 | 1853236 DormRoom
DormRoom's picture

lmfao 

 

1% still #WINNING

 

god, fuck-in-dammit.

 

#occupywallstreet.

Mon, 11/07/2011 - 11:54 | 1853238 oddjob
oddjob's picture

Ferrari = overpriced garbage

Mon, 11/07/2011 - 11:59 | 1853259 vast-dom
vast-dom's picture

 

Ferrari = THE BEST!

 

/sarc off

 

when gold-digger say she don't want money, what she really mean is she want MOOOOOOOOOORE! 

 

Mon, 11/07/2011 - 12:00 | 1853260 redpill
redpill's picture

Ever driven one?  They are neither overpriced or garbage.  But the fact that such products can be viable on such a level of volume is an indicator of the extreme wealth disparity and the distortions that have occurred resulting from corruption and failed attempts at central economic planning that have become increasingly popular in the western world in recent decades.

Mon, 11/07/2011 - 12:05 | 1853283 vast-dom
vast-dom's picture

Porsche Turbo (GT2) is superior for actual driving. Sorry.

Don't hate on performance, haters.... I can afford the negs ;p

Mon, 11/07/2011 - 12:11 | 1853305 redpill
redpill's picture

If it's a 911 GT2 you're talking about, I disagree they are superior for actual driving.  Porsche is married to the rear engine layout for the 911 due to its historical pedigree, but I find a mid-engined layout has much better balance and more consistent traction limit.  Without all the electronic doo-dads, a rear-engine Porsche can be a bit of a handful on fall-away turns when that heavy ass wants to keep going straight.

Mon, 11/07/2011 - 12:14 | 1853332 WestVillageIdiot
WestVillageIdiot's picture

The last line of your post reminded me of an old girlfriend. 

Mon, 11/07/2011 - 12:20 | 1853363 HelluvaEngineer
HelluvaEngineer's picture

You just have to keep your foot on the gas so the weight (pressure) won't redistribute

Mon, 11/07/2011 - 13:22 | 1853717 g speed
g speed's picture

if you've got the gonads  ---

Mon, 11/07/2011 - 13:35 | 1853767 redpill
redpill's picture

Heh.  The definition of oversteer is when you don't see the tree that kills you!

Mon, 11/07/2011 - 12:34 | 1853427 Dumpster Fire
Dumpster Fire's picture

It's the pendulum affect and yes, it affects fat-assed ex girlfriends as well.

Mon, 11/07/2011 - 13:21 | 1853707 g speed
g speed's picture

yes -- I have hung in the seatbelts of an upside down 911-- they will swap ends right now--you better be a gooood driver to take one to the limit.

Mon, 11/07/2011 - 22:44 | 1855356 vast-dom
vast-dom's picture

the turbo version is 4WD!

Mon, 11/07/2011 - 12:04 | 1853290 Ralph Spoilsport
Ralph Spoilsport's picture

Approximately 95% of all Ferraris are still on the road.

The other 5% managed to make it home.

Mon, 11/07/2011 - 13:34 | 1853758 redpill
redpill's picture

lol yep, owning a Ferrari is not for the 99%.  I can't imagine ever owning one even if I became fabulously wealthy.  Lease/co-op maybe, but ownership?  Nightmare.

Mon, 11/07/2011 - 12:13 | 1853326 oddjob
oddjob's picture

I do know that any manufacturer of a vehicle priced at $200k+ should not use glue on heat shields resulting in that car becoming a very exspenive mobile crematorium.

Mon, 11/07/2011 - 12:11 | 1853315 GeezerGeek
GeezerGeek's picture

A 1962 Ferrari 250GT sold for $12,500 in 1962. Which would you rather have displayed in your garage all these years? Which would be worth more today? Before you answer, decide if your $12,500 was fiat paper or silver dollars. Both were in circulation in 1962. If nothing else, the Ferrari would have been a great investment, the silver dollars even better, the fiat a poor investment. Can one even buy a new FourTwo of whatever it's called for that amount?

Mon, 11/07/2011 - 12:39 | 1853454 Freddie
Freddie's picture

The 250 GTO sold new for $18,000 in 1962  Once was bought in 2008 by a British buyer for 15.7 million pounds or about $22 million.

Tell me any Porsche that apprciated like that?  No 917s, 906s or 908s.  $22 million?  I bet you could buy five 917s for that. 

The 911 GT 2 is a great car but if you pull up in a 458 - you will get more tail and I would guess the 458 on track could be driven faster by a decent drive.

I think I would like a Pagani Zonda R which holds the lap record at the Nurburgring.

Mon, 11/07/2011 - 11:56 | 1853250 HD
HD's picture

Finally - the news the OWS have been waiting for. Protest OVER!!

Mon, 11/07/2011 - 11:57 | 1853257 Josh Randall
Josh Randall's picture

Pimpin' aint easy, just profitable

Mon, 11/07/2011 - 11:58 | 1853261 Conax
Conax's picture

All 19 employees are going to Disneyland.

The rich folks are fine. Thank goodness, I was beginning to worry.

Mon, 11/07/2011 - 11:58 | 1853262 Sudden Debt
Sudden Debt's picture

Before you know it, there will be Ferrari shortages!!!

 

Mon, 11/07/2011 - 12:15 | 1853342 Long-John-Silver
Long-John-Silver's picture

I'm buying a Ferrari the day I can trade a 1oz American Gold Eagle for one. That should be in 2013 or perhaps 2014.

Mon, 11/07/2011 - 11:59 | 1853264 Central Wanker
Central Wanker's picture

HORSEISH!!!

Mon, 11/07/2011 - 12:13 | 1853265 Mercury
Mercury's picture

To convey his empathy maybe Berlusconi should drive his Ferrari to Zuccotti with a few trays of veggy ziti:

 

I too am a PIIGy, this is all so unfair mia bella...lets get jiggy!

Mon, 11/07/2011 - 12:16 | 1853346 WestVillageIdiot
WestVillageIdiot's picture

Having a Ferrari in New York City is like having erectile dysfunction while dating a super model.  What good is that Ferrari in a city where 25 mph is dangerous?

Mon, 11/07/2011 - 12:23 | 1853376 oddjob
oddjob's picture

New fad for the rich...burning money.

Mon, 11/07/2011 - 12:50 | 1853487 Mercury
Mercury's picture

Picking up girls at 0 mph.

My favorite driving slow in a Ferrari story:  A few years back a hot shot broker friend is out in the Hamptons and he finagles the keys to his buddy's Ferrari for the afternoon.  After an hour or so off tooling around Bridgehampton trying to look cool he realizes the fuel gauge is dangerously close to 'E'

He pulls into a gas station but after 20 minutes of pressing buttons and walking around the car he still can't figure out how to flip open the fuel panel.  So he ends up putting his tail between his legs and driving the thing back to the house as slow as he can possibly go to conserve what gas he has left....

Wed, 07/25/2012 - 22:58 | 2651861 tomysmith97
tomysmith97's picture

you're right. for me ferrari's still the best. and after doing a research on car recalls for all makes, ferrari's recalls became my focus and realized that they have the least problems on their cars. someday i'll have my own. lol

Mon, 11/07/2011 - 12:00 | 1853267 pitterrier
pitterrier's picture

Sold my Ferrari last week and couldn't be happier.  In a year you may not be able to give one away.

Mon, 11/07/2011 - 12:12 | 1853320 GeezerGeek
GeezerGeek's picture

Attention anyone with a Ferrari: you can give yours to me anytime.

Mon, 11/07/2011 - 12:16 | 1853325 Dr. Engali
Dr. Engali's picture

In a year the people driving them will be targets.

Mon, 11/07/2011 - 12:57 | 1853575 Freddie
Freddie's picture

Anyone remember a few months ago when Tunisia blew up.  They grabbed the president or his brothers yellow 458 Ferrari and picked it up with a big forklift type of truck.  I don't like the owners but the cars are beautiful.

Mon, 11/07/2011 - 12:01 | 1853272 Dr. Engali
Dr. Engali's picture

So I guess I probably won't be buying one with zero down and zero percent financing for 60 months.

Mon, 11/07/2011 - 12:02 | 1853278 BlueStreet
BlueStreet's picture

I'd buy a backhoe instead and bury the money.  Then I'd go stock up on canned goods and popcorn and sit back and watch the show.  

Mon, 11/07/2011 - 12:02 | 1853282 JW n FL
JW n FL's picture

 

 

http://www.youtube.com/watch?v=aU2400Seblo&list=FLbRZZAixeFXZfqszvKisEdQ&index=4&feature=plpp_video

Charlotte Iserbyt: Skull & Bones, The Order at Yale Revealed - PT 2 of 4

it is worth your time.. if you would like some good information.

Mon, 11/07/2011 - 12:27 | 1853396 GeezerGeek
GeezerGeek's picture

Send Obama's Witless Sycophants to occupy Skull&Bones.

Mon, 11/07/2011 - 12:03 | 1853284 vegas
vegas's picture

Fuck the clowns in Z park. I want a shiny red one.

 

http://vegasxau.blogspot.com

Mon, 11/07/2011 - 12:03 | 1853285 Roland99
Roland99's picture

Berlusconi is buying a bunch for him and his cronies so they can make for a quick escape across the Alps.

 

Mon, 11/07/2011 - 12:10 | 1853313 dwdollar
dwdollar's picture

LOL... Funny...

Where are they going to go?

Mon, 11/07/2011 - 12:35 | 1853434 Roland99
Roland99's picture

They're going to egg Draghi's office.

 

Mon, 11/07/2011 - 12:04 | 1853292 monopoly
monopoly's picture

I feel much better and decided not to short GRPN when puts are allowed. I am sure Groupon will have coupons out shortly to rev up Ferrari sales to an even higher degree. This is great. Thank you Tyler.

Mon, 11/07/2011 - 12:05 | 1853293 YesWeKahn
YesWeKahn's picture

Is that a complete english sentence? outstanding what? debt?

Mon, 11/07/2011 - 12:08 | 1853306 digalert
digalert's picture

FYI: I don't read ZH for hopium propaganda bullshit. State controlled MSM and the likes of CNBS have that market covered.

Just the facts

Mon, 11/07/2011 - 12:09 | 1853310 Dr. Gonzo
Dr. Gonzo's picture

Not to brag here but I just paid $2,500 for an 1982 coupe deville. 4.1 liter small block V-8 so it gets about 25mpg on the highway and it's a pretty looking sweet ride. Same model Robert De niro drove in Casino. Not the same thing as buying a $250,000 Ferarri but I look at it this way. If it breaks down I'll have $247,500 in my repair budget.

Mon, 11/07/2011 - 12:18 | 1853322 RobotTrader
RobotTrader's picture

Billions of dollars of wealth has been created

With retail stocks like ULTA gaining 700% in 3 years.

PigMen, Politicials, and Enterprising Speculators have all cashed in on the biggest financial bonanzas of all time:

The steepest, fastest specialty retailer stock climb in NYSE history.

A plethora of absolutely fantastic runs:  SBUX, LULU, BWLD, NUS, BBBY, PNRA, etc.

No wonder Ferrari sales are going through the roof.

Mon, 11/07/2011 - 12:34 | 1853429 oddjob
oddjob's picture

Gold Co's such as Allied Neveda have vastly outperformed ULTA.

Mon, 11/07/2011 - 13:15 | 1853681 Freddie
Freddie's picture

Give me some more names and tickers Tojo.

Mon, 11/07/2011 - 13:42 | 1853788 oddjob
oddjob's picture

Franco Neveda FNV.TO, Colossus CSI.TO, Alexco AXR.TO/AXU, First Majestic FR.TO/AG....all optionable.

Future 4 baggers Primero P.to/PPP, Newstrike Capital, NES.to, DiaBras DIB.V

Mon, 11/07/2011 - 15:20 | 1854213 JW n FL
JW n FL's picture

 

 

Mining stocks are a FAIL!

MINING STOCKS ARE FOR SUCKERZ! BITCHEZ!!

Mon, 11/07/2011 - 12:12 | 1853324 firstdivision
firstdivision's picture

Is there anyway to go long repo's and short new sales for Q4?

Mon, 11/07/2011 - 12:18 | 1853358 Odin
Odin's picture

Jokes on the suckers who bought them. What good is a Ferrari going to be at $200 a barrel...

Mon, 11/07/2011 - 12:23 | 1853378 drivenZ
drivenZ's picture

"What good is a Ferrari going to be at $200 a barrel"

It's gonna be great...what's a few grand more in gas when your selling it for billions upon billions more. Probably half their sales are to the middle east. 

Mon, 11/07/2011 - 12:25 | 1853391 knight99
knight99's picture

Euro hits 1.15 I am buying my Ferrari and I wont be to worried about the price of gas Ill be going long oil ;)

Mon, 11/07/2011 - 12:25 | 1853389 JohnFrodo
JohnFrodo's picture

Why cant more companies go out and be like Ferrari? Italy's problem not enough 1%.

Mon, 11/07/2011 - 12:33 | 1853421 Arius
Arius's picture

Sorry pal - too late to change your reputation now, the damage is already done; opinions have been formed on this site...

This kind of rare attempts to deviate from objective reporting towards positive/forever optimist bias it reminds me of Cramer talking positive about gold once in awhile and claiming to be a bull ... or the infamous Nadler, TGL etc. etc. the list is too long to care ...

:-)

Mon, 11/07/2011 - 12:37 | 1853442 rosiescenario
rosiescenario's picture

.....the difference between a Ferrari and a porcupine....on the one hand the pricks are on the inside, and on the other....

Mon, 11/07/2011 - 12:45 | 1853493 spankfish
spankfish's picture

Any chance of me getin' one of those two legged Italian Ferrari models... if a man is going to crash an burn might as well be with something he cannot afford financially or emotionally.

Mon, 11/07/2011 - 12:50 | 1853526 Animal Cracker
Animal Cracker's picture

Upon hearing this, one young man in Zuccotti Park asked,

"Wasn't she the first female Vice Presidential candidate?"

Mon, 11/07/2011 - 12:52 | 1853540 augmister
augmister's picture

Hey, the King Kleptocrats have to ride around in style... and can afford it!   Sorry for them, these machines will be locked away in garages, under sheets.   Conspictuous consumption will be walking/moving targets for rage.

Any truth to the rumor that Ferrari will be coming out with a new edition, featuring OWSers as hood orniments???

Mon, 11/07/2011 - 13:28 | 1853738 par4
par4's picture

I'll wait and see what Lamborghini and McLaren have to say.

Mon, 11/07/2011 - 13:38 | 1853775 Slipmeanother
Slipmeanother's picture

I have 2 Beemers and give a crap about what anyone has to say about it

Mon, 11/07/2011 - 14:00 | 1853890 Peter K
Peter K's picture

Naa, woun't notice it. To busy raping the womenfolk to care:)

Mon, 11/07/2011 - 14:05 | 1853908 mickeyman
mickeyman's picture

You forgot to call this "How QE2 helped Main Street, example 2."

Mon, 11/07/2011 - 14:21 | 1853966 Grand Supercycle
Grand Supercycle's picture

Latest NASDAQ chart porn suggests fun times ahead:

http://stockmarket618.files.wordpress.com/2011/11/2011-11-05_nas-8_x.png

Mon, 11/07/2011 - 14:27 | 1853988 Shylockracy
Shylockracy's picture

Ferraris may be booming, but Wally Yachts seems dangerously close to going BK. Mixed signals...

Mon, 11/07/2011 - 14:49 | 1854062 falak pema
falak pema's picture

Economic price vs demand elasticity is most rigid at the top end, where surplus only competes with mega surplus and mega mega slurps...So Enzo was/is in the right niche whoever buys his stuff; champers is champers all the way round the globe.

Mon, 11/07/2011 - 15:41 | 1854329 Auric Goldfinger
Auric Goldfinger's picture

I see what you did there.

 

+100

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