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Fed POMO Cancelled Due To "Technical Difficulties"
This is not the first time the Fed has had to delay a POMO due to "technical difficulties." It is however, the first time this has happened during what at least on the surface is stock market ramp, even if USTs are now higher on the day, and French bonds lower since Friday...
Source: NY Fed
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Buy the dip? Ha ha.
Technical Difficulties?
Was Obama's ass not big enogh for Tim & Ben at the same time?
Somebody obviously forgot to load the bazooka. Those monday holidays will do that every time.
I think you mean those Tuesday hangovers from Manhatten stripclubs will do it every time.
Probably Brian Sack found a hole in the firewall and finally got access to that porn site.
Due To Technical Difficulties, ALL Further Physical GOLD sales to the public have been Abandoned!
Note: ALL Paper GOLD Products are unaffected and measures are in place to meet any and all Sales Demand...
Filter failure at the Fed.
The server and network wiring at the Fed was affected by the H2S and methanethiol that is characteristic of all of the Fed's operation.
http://www.ncbi.nlm.nih.gov/pubmed/9934757
Pomo This ...
You saw the recent video of Michelle dancing too?
That was more painful to watch than I had expected.
Just means there must have been a bunch of sell orders pop on the spoo. No worries, just bump it back an hour so the effect will last into close.
Ben, i wish you would do something, either print, shit, or get off the pot, iv'e got your ass dead to rights, just need you to make a m o v e. Anything.
Buy the dip. Heck,
Buy the pop.
Buy anything that moves.
It can only go up.
We have your back.
Sincerely,
Bernanke and Draghi.
Bernanke slept in and it was his turn to swing by Staples to pick up the ink cartridges!
*grabs popcorn*
C is sinking like a cheap oceanliner.
I'll have mine on the rocks please.
I'm constantly sipping on Jack
Awaiting the false-flag attack
I need some bad news
To confirm my views
Perhaps I should start using crack
Follow me on Twitter (if you dare): @TheLimerickKing
My apologies for this shameless plug, but I've developed a bit of a Twitter fetish......(among others!)
Fuck anyone who can't handle a plug. I don't get why anyone cares that people post their shitty blogs up here. If you don't want to read them, don't click on them!
And if I twatted I would follow you. Instead I will have to hope you continue to post here.
No worries there my friend....ZH is my home....enlightenment is a wonderful thing....(I think...)
Has anybody seen that blue pill?
Enlightenment, a bitch to Kant, a wonderful thing for you
As for pills, I would suggest that you stick with red, not blue
"To get back to the warning that I received. You may take it with however many grains of salt that you wish. That the brown acid that is circulating around us isn't too good. It is suggested that you stay away from that. Of course it's your own trip. So be my guest, but please be advised that there is a warning on that one, ok?"
Enlightenment in historical sense means conquering nature, replacing it with our own understanding: replacing justice with laws, peace with security, happiness with net worth. Enlightenment = bringing of light. "Bearer of light" is Lucifer in Latin. Also known as Prometheus and the serpent from the Bible. It is doubtful that this extremely I-focused philosophy can be healthy and sustainable, let alone wonderful.
Why you got to hate on the dude that jumped up and grabbed the fire? Do you really think the god in that story would have let it happen if he (it, whatever) didn't want it to?
The problem is that no one understands that these stories are all metaphorical. They are myths, created by us to give examples of life.
You would rather everyone remain passive and not learn, from their choices, mistakes, what have you. It's fucking life, grow a pair.
The buddha became enlightened and then he realized he was hungry. Should he not have eaten? Should he have given his bread to a child only to die of starvation? One must live, no matter what comes to pass. If the fire hadn't been snatched by Prometheus, someone else would have taken it eventually. Should you be his judge? Or should you let god do it?
This is like analyzing a reality show...."Oh no she didn't!" Who gives a fuck?! Live your own life.
“Only as a warrior can one withstand the path of knowledge. A warrior cannot complain or regret anything. His life is an endless challenge, and challenges cannot possibly be good or bad. Challenges are simply challenges.”
- Carlos Castaneda
Enlightenment is everything until the FEMA camp guys show up to give you a tour of your new room.
Take it from me, crack is not all it's cracked up to be.
* Had to make it rhyme, not sure you could understand it otherwise.
Crack is whack!
Beware the Brian Sack Back Crack Attack!
Sack's a hack.
That was awesome!
Not bad but change:
"To confirm my views."
to
"To confirm all my views."
Scans better.
Very nice, thank you for sharing!
I'll be keeping an eye out for your posts now.
The King had a fetish for Twitter
Which made his comments sound bitter
But no bad news came
So much to his shame
His fetish changed from Twitter to Twatter!
Funny you mention that.
WFC does decent and you get non stop coverage of the "beat" on the finnews, but when C faceplants - bloody crickets.
Dont know how the jackholes can keep a straight face.
The pages of history concrening finance in the 20th/21st centruries is going to read....
"WTF?!"
Because if retail investors realized they are being had, there would be no financial services industry and investing would gravitate to scratch off lottery tickets which have a better payout. Ergo, keep the BS flowing that all is well, all is well.
http://www.youtube.com/watch?v=zDAmPIq29ro
Unimpressed with the sinking, given the huge run into earnings and the start of the year.
Down over 6% now....
I thought a rational market priced everything in?
Hmmm....
1. A rational market prices everything in.
2. This market does not price everything in.
3. This market is not: ___________________
A. rational.
B. real
C. using enough HFT
D. very much fun
E. none of the above
F. all of the above (except for 'E')
E...
Turn the machines back on!
Surprised no one has commented on short term SHIBOR blowing out again.
Who cares, bullshit stocks are green! Everyone in the Conga line hurry!
After she won yesterdays pagent, Miss America told Aaron Rogers to call her! Haha! Ha! Ha.....
CNY.
PBOC has been pumping like mad though.
So much fiat, so little time....
Technicals don't matter...
Technicals do matter: They show the blatant disrigard for capitalism, for fair chance and opportunity. They show how the PWG plays both sides of the market: cratering it for political reasons and shoring it up to support the Fiat Ponzi. Technicals show the blatant manipulation and how the PWG keeps the floor under the markets by spinning gold like Rumplestiltskin for loan to each other over and over again.
It also shows how little an impact central planning has at this stage in the game, for they must keep printing, and printing, and printing.....
Loaning gold, printing fiat, loaning gold and printing fiat......over and over and over....
Theyre probably too preoccupied with pumping bullshit stocks right now. After 1:15, it will be easier for the FED to focus on sopping up bullshit Gubmint debt like sausage gravy at a truck stop.
It seems that technical issues are happening with a greater frequency.
run out of ink
Super proud today. Made some improvements to my Neo Keynesian computer model and it proved I'm a genius. I jerked off all over the keyboard in excitement.
Bernanke; "What do you mean the printer is out of paper!"
Long SPLS!
Translation:
POMO has been postponed...the ink is still wet with today's high humidity. Drying will be complete by 1 pm for scheduled continuation of ponzi operations.
POnziMO
The money printing NYU intern didn't make it into work today....and no one knows his Bloomberg login.
We're doomed. The Chief Credit Sorcerer died and his apprentice hasn't learned the spell that makes the money appear out of the effluvium.
I bet Harry Potter could help out: "Denarius Manifestus!"
sign of the times: who knows if this reason is credible. What a sad statement that is.
Skynet becoming self aware?
Not as self aware as these fine South Carolina voters:
http://www.youtube.com/watch?v=3QhB-Lk9T98
Bussed in union thugs.
Ron handled that perfectly. He used those who booed as an example of people who can't wait to get into another war. And those who cheered at the end seemed to outnumber those who booed. It's also funny that people who likely consider themselves to be conservative Christians were booing Jesus' concept of The Golden Rule.
Every timer the master money printer, Ben Bernanke, tries to add the extra 0's at the end his economics model pukes and takes an exception. He's trying to work it out with the programmers in India.
'Hello.....dis Peggy...'
I always get "A-Lo. Dees ees Vonessa."
Is this the failed auction Tyler inferred was coming in the recent article on Credit spreads? We know what happened after that...
Edit: Found it
http://www.zerohedge.com/news/feds-balance-sheet-unwind-about-crash-mark...
Paper jam??
hit me when the headline reads....
"Fed POMO Cancelled Due to Bitch Made Banker Getting His Ass Shot Off"...
until then, stay pissed my freinds...stay pissed...................
Why print? Just "talking' stocks higher seems to be working just fine.
Looks like Timmay isn't going to pay any bills this morning... At -124 Billion in the till and counting they better get the perpetual ponzi machine running again before anybody takes notice. Maybe they should suspend POMO permanently seeing how Ben vowed he would never monetize the Nation's debt.
Sorry I'm still puzzling over Tesla's giant dump after hours on Friday completely made up on open today. WTF.
The entire market consists of insiders buying hoping the Fed will give their corporations giant QE gifts so they can authorize buybacks at higher prices to cash out big. It isn't even a ponzi anymore. It has morphed into a Pavlov.
Hit the buy stock button get a treat boy!!!!
Shhhh! The robots are napping.
Where did this story go that was up on ZH a minute ago?
http://www.americanbanker.com/issues/177_7/jpmorgan-chase-consumer-debt-collection-1045606-1.html?zkPrintable=1&nopagination=1
Saw that too, thanks for the link to the original.
".... or it intends to pursue the debts in some other fashion ...."
ruh-roh. Kamp FEMA awaits......
I suspect something is being done to invalidate the need for collections agencies in the near term. It is election year. Gotta do the big refi.
I got your technical difficulty right here...lol
add NYC crotch grab
This was the original ZH link (I still have the story loaded), but now the link takes you to the ZH main page. Probably just a glitch, but...
http://www.zerohedge.com/news/guest-post-have-banks-been-robosigning-credit-cards-too
I think it is gone.
I can not find it anywhere.
It was an interesting story.
They cannot cancel. That is a POMO NO NO
And here it comes...
http://www.youtube.com/watch?v=96R05OsJHJ4&feature=related
Government lackeys out of $$$-quick call Binky Ben, he will just create it electronically. Looks like the FED, PPT and their MOMO's are pulling every dirty trick in the book to keep the real money (precious metals AU, AG) down today...
A fed chief recently visited Nantucket
He said; ' above all, I'll keep propping the market'
He smiled with a grin
As he wiped ink from his chin
'If QE'ing the economy is a bust, then f*** it'
Not good news. This delivers a terrible perception for the markets.
Technical difficulties over along weekend? if it's true then it could be VERY SERIOUS. The Fed got hacked? Testing new stuff and they can't go back?
It could be just all BS and the Fed is hiding something, but that would not be as bad as a hacking of the Fed. Maybe the banks have decided to hoard and defy Bendover Ben.
Not good and it could be a big problem.
Your thesis sounds like Linus in the pumpkin patch. LOL. Not making fun of it, just that we're all waiting for something "big" that never seems to transpire or something "big" that just gets swept under the carpet. One of these days! One of these days! Not to be confused with wanting it to happen, more so knowing it will happen and just wanting it to hit before we drag this out the next 20 years and have half the country radiated like some other places in the world.
Big is coming... and it won't take 20 years.
I guess the Linus in the Pumpkin patch was right on, rsnoble. The word was out all over the hacker world about this. Here's the press release.
http://finance.yahoo.com/news/man-charged-stealing-software-ny-001841876.html
Man charged with stealing software from NY FedNEW YORK (Reuters) - Prosecutors charged a computer programmer with stealing software code valued at nearly $10 million from the Federal Reserve Bank of New York.
They charged Bo Zhang, who worked as a contract programmer at the bank, with illegally copying software to an external hard drive, according to a criminal complaint filed in U.S. district court on Wednesday.
Both the New York Fed and the Federal Reserve Board in Washington declined requests for comment.
Authorities said the software, owned by the U.S. Treasury Department, cost about $9.5 million to develop.
Timmy: "A-3"
Benny: ...."miss"
Benny: "G-7"
Timmy: "Hey, you sunk my Battleship!"
Spynet overload? Or just the realization the China fever could wear off by this afternoon and thus get more bang for the buck. Or digital zero that is. If the Feds actually printed this shit there would be no tree left on Earth.
They are too paniced out that John Taylor Gatto is getting airtime on the net regarding the origins of the inner workings of the mind gods who would prefer slaves of us all regardless of status and colour. That which impels us to war, impels us to debt, impels us not to objectively think, impels us to assume a diminuative intellectual stature when the truth is that regardless of the shell its all about the software within the form...
www.theultimatehistorylesson.com
http://www.youtube.com/watch?v=exGYyV7yMpY&list=PL463AA90FD04EC7A2&index=3&feature=plpp_video
BAKE SALE!!!!!!!!
nothing to worry about, just a MLK holiday hangover, back to business soon
Since when is the DEBT CEILING a technical difficulty?
Ever since nobody in their right mind will lend us money anymore? technically, that's a problem.
This is the first time I've ever heard the word 'technical' used as a synonym for 'brain'
I consider this a win for ZeroHedge!
Bravo!