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BCA Research Finds "QE Is Good For The Rich, Bad For The Poor"

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Mon, 08/15/2011 - 14:45 | 1562486 fuu
fuu's picture

He fled 2 weeks ago after being "censored".

Mon, 08/15/2011 - 15:18 | 1562554 slewie the pi-rat
slewie the pi-rat's picture

"censored" = ? 

certainly not people telling him to shut up b/c he was a fuking moron

Mon, 08/15/2011 - 15:20 | 1562633 fuu
fuu's picture

I was just going by what he said in his farewell address on his blog.

Mon, 08/15/2011 - 16:01 | 1562762 slewie the pi-rat
slewie the pi-rat's picture

link?  or maybe instructions on how to find it thru zH or google, which has his most recent 8/4 except for the 8/14 which link to an 8/1 thing about prez0.

thanks, tho, if you don't see this or can't figure it out, either

or, maybe your understanding of "what he said in his farewell address on his blog" = censorship

Mon, 08/15/2011 - 16:37 | 1562857 EvlTheCat
EvlTheCat's picture

Listen, if all you see is doom & gloom all over the world and are seriously contemplating on slicing your wrists because you've been reading the bullshit over at Zero Hedge, then stop reading my comment right away. I parted ways with Zero Hedge and Tyler Durden today after I gave it to him for censoring me and allowing the clowns over there to constantly ridicule and insult me. That blog is becoming a total joke and I am not surprised he banned me because he is the same as all the rest of the zealots who silence any dissenting voices. If you don't toe the line at Zero Hedge and paint everything dark, they will ban you.

I am tired of arrogant, narcissistic fools and wish Tyler Durden and the clowns at Zero Hedge all the best. I have no agenda, nothing to peddle, and will speak the truth. If Tyler Durden wants to silence me, then that speaks volumes about his credibility.

One Flew Over the Cuckoo's Nest?

August 4 2011

http://pensionpulse.blogspot.com

Mon, 08/15/2011 - 16:57 | 1562966 Kayman
Kayman's picture

I am tired of arrogant, narcissistic fools

It's a sad day when you are tired of yourself.

Mon, 08/15/2011 - 17:47 | 1563094 spiral_eyes
spiral_eyes's picture

QE helps the rich and hurts the funny?

Funny, just found the same thing myself...

http://azizonomics.com/2011/08/15/understanding-biflation/ 

Mon, 08/15/2011 - 17:17 | 1563016 slewie the pi-rat
slewie the pi-rat's picture

hey, thz, evl_cat!  leo as Big Nurse? 

i'm not sure what happened between him & t.d., nor is it any of my business, really, or even a concern, since who can understand either one of them half the time?  so, i hope there was just the usual total misunderstanding type of things between two idiots w/ diff ideas.  and i also hope it was the right choice for leo, since he sounds pretty frustrated.  but a also get that leo might have cared for the site. like anyone might, after a while, and it was tough for him to say goodbye

hey, if i don't like something, well, you've heard me scream my head off, here. 

but i don't know if the "posting privileged few" have the same rules of conduct as the zeros; i represent slewie; t.d. & leo represent zH as well as t.d. & leo,  also, that was his real name wasn't it?  so, maybe there were legal ramifications b/c he made no effort to be anon-y-mouse.  so maybe leo will become some mythic keynesian superhero and return with a nicely exposed rack to lead us to truth and kick ass

after a few dances with leo, i threw a nuke and left him alone unless he just had a fascinating topic and then i mostly soft-pedaled, cause i'd already smacked as hard as i could, and he was just being leo.  fine.  i don't hafta read him or talk to him, or respond if he comes after me, same as we all know.    my impression of leo (mine, and i'm not trying to defend or promote it) is that he didn't know when he was beat. 

just before he left, leo was hanging out on the strings, more, or so it seemed to me.  which is where the people who were ignoring him were zero-ing about.  maybe that didn't work out. 

what if michelle b logged on and it was really her? oops!  gotta go clean up after that one!  se ya!

Mon, 08/15/2011 - 20:00 | 1563518 EvlTheCat
EvlTheCat's picture

anytime slewie!

Personally, I just could not understand why he choose ZH as a place to contribute.  I am all for differing opinions, and at times he did make his point, but his is a world built on nanny state entitlement, central planning, and the status quo.

My biggest beefs was his incessant need for self-indulgent pity, and using it to panhandle here on ZH.  Like you, I lobbed my nuke and stopped commenting because it made little difference, and seemed to galvanize his few followers to his cause.

Keep up the great posting Mr. pi-rat!  Love reading them!

Mon, 08/15/2011 - 14:46 | 1562488 falak pema
falak pema's picture

well omelettes and broken eggs...the fight for innovation goes on.

Mon, 08/15/2011 - 16:13 | 1562830 Buckaroo Banzai
Buckaroo Banzai's picture

Reminds me of the old "Dennis Moore" Monty Python skit.

http://www.youtube.com/watch?v=kp-R1o753pM

Mon, 08/15/2011 - 14:57 | 1562535 adr
adr's picture

Bwaaahahahaha. $111 to 16 cents, priceless. I remember right before the bust how everyone was saying Evergreen would be going to $200 a share and beyond.

Of course this is very bullish news for Evergreen. I mean look at some of the other bankrupt companies trading for pennies that have shot back up to $5 a share or more. Firtunes could be made.

Mon, 08/15/2011 - 14:44 | 1562479 falak pema
falak pema's picture

There are people PAID to say these solemn things like the Oracle of Delphi in ancient Greece???

Lol...what a world!

Mon, 08/15/2011 - 14:50 | 1562514 JohnG
JohnG's picture

The Oracle of Delphi was high on ethylene, the mumblings were "interpreted" to the seekers......

Mon, 08/15/2011 - 15:02 | 1562556 falak pema
falak pema's picture

You mean Tyler Durden reigned surpreme even then?

Mon, 08/15/2011 - 15:18 | 1562628 Fukushima Sam
Fukushima Sam's picture

Lol, and yet you hang around despite yourself so you can make these comments!

Tyler has a pretty obvious agenda, it is only some of the finer points that get mumbled for interpretation.

Mon, 08/15/2011 - 15:22 | 1562640 slewie the pi-rat
slewie the pi-rat's picture

why doncha take 3 minutes and tell us what tyler's agenda is;  or at least the "obvious" parts of it

too busy, sam?

Mon, 08/15/2011 - 15:55 | 1562743 Fukushima Sam
Fukushima Sam's picture

Tyler's "obvious" agenda:  People need to grow some balls and fight back against that which oppresses them.

Because this is a financial site, this comes out mostly in writings about the Fed and manipulation of supposedly free markets.

You didn't get that impression?

Mon, 08/15/2011 - 16:20 | 1562867 slewie the pi-rat
slewie the pi-rat's picture

thx, F_Sam

ok, yes, i also get that impression, but i just didn't know what you were thinking was obvious

tyler has written about "agenda's" here and one thing he said is the "everybody has an agenda"

but many agendas are not stated, so ya hafta guess.  consider madoff, for example, or the "justice" dept"  or "investigations of police misconduct"
we know what madoff's agenda was.  now. 

even tho i could prob rattle off abt 10 more obvious agendae that tyler/zH might have, that would certainly not mean that i thought i understood tyler's real agenda unless he published it before i was paying close attention

on a string about "captain obvious" this is great, tho

Mon, 08/15/2011 - 16:34 | 1562902 Fukushima Sam
Fukushima Sam's picture

I figured we were on the same page, slewie.  ;-)

Mon, 08/15/2011 - 16:15 | 1562846 Fukushima Sam
Fukushima Sam's picture

Slewie, are you too busy to read Fight Club?  How else can we fight back other than rabble-rousing and anarchy?

Mon, 08/15/2011 - 16:40 | 1562914 slewie the pi-rat
slewie the pi-rat's picture

LOL!  sorry F_u_sam!  i was trying to figure out what happened w/ leo's "censored!"

no i like the story.  just b/c a church says it follows the bible, doesn't mean God agrees, tho.  and the agenda of tyler the site owner and tyler the literary character may not be =.  for example, our tyler might be concerned about keeping a website up and making some fiat to pay the bills.

i see what you're saying, but wasn't the orig concerned about people's understanding of things, too?  themselves?  and, i think zH also shares these values.  and also has an agenda, i hope, of free speech to enable us to kick the ideas and each other around.  not the usual "social intercouse" rules, at all.  if we can be honest w/ each other, freely, we can learn what we missed, or what another perspective might offer.

Mon, 08/15/2011 - 15:15 | 1562617 trav7777
trav7777's picture

"social tensions" from income inequality?  Did they just go blame poverty for crime again?

Where the hell are the massive crime sprees and riots in Dakka?

Mon, 08/15/2011 - 14:47 | 1562490 Jack Sheet
Jack Sheet's picture

Economics, that disgusting abortion of an "academic discipline" that makes me ashamed to have a university degree.

Mon, 08/15/2011 - 16:05 | 1562792 oogs66
oogs66's picture

Nobel prizes for guesswork

Mon, 08/15/2011 - 17:35 | 1563065 TheFourthStooge-ing
TheFourthStooge-ing's picture

Nobel prizes for guesswork

It's not even what many would call a real Nobel Prize. Unlike the other Nobel Prizes, it wasn't established by the will of Alfred Nobel. It's actually the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel.

http://en.wikipedia.org/wiki/Nobel_Memorial_Prize_in_Economic_Sciences

 

Mon, 08/15/2011 - 14:48 | 1562496 Transitory Disi...
Transitory Disinflation's picture

Of course it is,  QE="Quids'in for the Elites"

Mon, 08/15/2011 - 14:48 | 1562497 centerline
centerline's picture

I guess the concept of "proximity to the money/debt creation" got lost somewhere earlier on.  Oh well.

Mon, 08/15/2011 - 14:49 | 1562504 marcusfenix
marcusfenix's picture

"the stock market may not tell the economies direction" AND "QE is good for the rich, bad for the poor" both in one day? things are getting a little lax over at the ministry of truth...

Mon, 08/15/2011 - 14:49 | 1562506 papaswamp
papaswamp's picture

Captain Obvious bitchez!

Mon, 08/15/2011 - 15:46 | 1562704 Au_Ag_CuPbCu
Au_Ag_CuPbCu's picture

Captain Oblivious bitchez!  Fixed it.

Mon, 08/15/2011 - 14:49 | 1562508 monopoly
monopoly's picture

Nothing we do not all know by now. And maybe just for one day, but, it is our day in the sun. :) Miners on a roll, for a change.

Mon, 08/15/2011 - 14:50 | 1562513 adr
adr's picture

The true barometer of the economy is how well the average 35 year old white man in the middle of the country with a wife and two kids is doing.

For the most part he is always one day away from blowing his or someone else's head off, so the economy isn't doing very well at all.

Mon, 08/15/2011 - 14:51 | 1562515 Smiddywesson
Smiddywesson's picture

Leo would say that stimulus would have worked if we had stimulated to the necessary amount and necessary duration.  They always use the "too little, too short in duration" argument to defend that buffoon FDR, or in trying to explain whay it didn't work in Japan.

If a patient is sick, and you give him medicine, and then he gets sicker, what hope is there that the same medicine is going to help when the patient is weaker?  Sheer insanity.

Mon, 08/15/2011 - 14:51 | 1562517 pods
pods's picture

So you can actually get paid to come to these earth shattering conclusions?

pods

Mon, 08/15/2011 - 14:52 | 1562520 monopoly
monopoly's picture

Yup, this is working out very well for the Bernank, no inflation, hmmm. Miners, coal, oil, ags, ferts all on a tear. That goodness it is "transitory". I say $5.00 gas at the pump before too long, sometime in 2012.

Mon, 08/15/2011 - 14:52 | 1562521 SheepDog-One
SheepDog-One's picture

GEE really! Free money billions to the rich who sit on it for 2% interest is not good for the Avg Joe? Amazing!

Mon, 08/15/2011 - 15:02 | 1562555 treemagnet
treemagnet's picture

Well, they say the first step is admitting you have a problem....so I guess this is sorta, um, uh, no its just retarded. 

Mon, 08/15/2011 - 15:04 | 1562564 Caviar Emptor
Caviar Emptor's picture

I know! Where do they get these far out ideas? It all trickles down, doesn't it? Down, down down to the filthy rest of us who just sit there waiting to be trickled, lazy welfare slobs expecting the rich to do it all. 

Mon, 08/15/2011 - 16:46 | 1562642 The Limerick King
The Limerick King's picture

So QE is good for the rich

While the middle-class heads for the ditch

So let's all applaud

Their "trickle-down" fraud

The Bernank's a son of a bitch! 

Mon, 08/15/2011 - 17:05 | 1562991 Kayman
Kayman's picture

No self-respecting bitch would have birthed a fraudulent puppet like Bernanke. Even a female dog has some standards.

Mon, 08/15/2011 - 15:50 | 1562716 EvlTheCat
EvlTheCat's picture

Sorry, I can't believe this.. After all there is an add, to the left, telling me I can qualify for a free cell phone and minutes. All I need is to have qualified for SNAP and/or Medicaid.. This is all very bullish and must be attributed to trickle down QE.

Mon, 08/15/2011 - 14:53 | 1562526 firstdivision
firstdivision's picture

OT: why does it feel as if Shell is getting a free pass as opposed to BP? http://www.businessinsider.com/north-sea-oil-spill-2011-8

Mon, 08/15/2011 - 14:56 | 1562531 Everybodys All ...
Everybodys All American's picture

I think the market today is predicting QE3 is coming out of J Hole and this will complete the operation twist from the Bernanke.

Mon, 08/15/2011 - 15:59 | 1562758 SheepDog-One
SheepDog-One's picture

Well the market has been pricing in QE3 for months now, the biggest non event ever. 

Mon, 08/15/2011 - 14:57 | 1562537 Cognitive Dissonance
Cognitive Dissonance's picture

Catain Obvious strikes again. But you would be surprised how many of my clients 'want' the believe QE is benefiting them somehow. Because to believe otherwise means they must face the devil sleeping next to them.

Mon, 08/15/2011 - 15:03 | 1562566 falak pema
falak pema's picture

Not if she loves corn dogs!

Mon, 08/15/2011 - 15:08 | 1562586 Cognitive Dissonance
Cognitive Dissonance's picture

For the life of me I don't understand why she didn't realize how that picture would look before she put that 'dog' to her mouth. It doesn't speak well of her intelligence.

Mon, 08/15/2011 - 15:14 | 1562613 NotApplicable
NotApplicable's picture

I take it she's never been to SFWporn.com.

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