Goldman, Which Has Been Snubbed For The Second Time In A Row By FOMC, Shares Its Take On The Fed Statement

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Wed, 11/02/2011 - 13:23 | 1837533 GeneMarchbanks
GeneMarchbanks's picture

Plosser to dissent next up. These assholes are a disgrace...

Goldman continues to make very real cash on a very fake game being paraded as a science.

Wed, 11/02/2011 - 13:28 | 1837571 Financial_Guard...
Financial_Guardian_Angel's picture

It is a disgrace. This is just window dressing. The real discussions and policy formation are made behind the scenes. Nothing more than theater for the benefit of the 99% (those not in the club).

Wed, 11/02/2011 - 13:35 | 1837596 GeneMarchbanks
GeneMarchbanks's picture

Good thing I'm in the 1%. The 1% that own physical that is.

Wed, 11/02/2011 - 13:48 | 1837633 AbelCatalyst
AbelCatalyst's picture

Seriously, this 99% thing is such a joke...  If you averaged the salaries of the entire world (not just the US), you'd see that just about every one of those Occupy people are IN THE 1%!!!  

Wed, 11/02/2011 - 13:54 | 1837659 john39
john39's picture

so call it the .00001% then.  surely the point of the 1% tag is not lost on most people.

Wed, 11/02/2011 - 13:56 | 1837666 LeonardoFibonacci
LeonardoFibonacci's picture

Off to northern Poland with all of these thugs..........

Wed, 11/02/2011 - 14:01 | 1837682 French Frog
French Frog's picture

"We saw some chance that the committee would revise this phrase in light of the improvement in financial conditions"

What planet's this guy on?

Wed, 11/02/2011 - 17:04 | 1838642 peekcrackers
peekcrackers's picture


you mean send them back home !

Wed, 11/02/2011 - 14:20 | 1837766 AbelCatalyst
AbelCatalyst's picture

I get it...  

The real issue is how to deal with it.  The reason the 1% do what they do is becasue the 99% allow them to.  instead of occupying space take some real action:

  • Get of of debt
  • Live within your means
  • Lower your cost of living
  • Stop buying big shiny things
  • Buy a reasonable sized house or car (in cash after you save for years)
  • Gain a better apprciation of the things in life that are FREE
  • Love one another
  • Do unto others
  • Get to know your neighbors and grow some food
  • Buy PMs and hide under the radar in a modest home
  • etc, etc, etc, 

They only control us, because we have bought into their idealized, consumption society...  Stop doing that and the 1% lose complete control!    

Wed, 11/02/2011 - 14:03 | 1837689 PAPA ROACH
PAPA ROACH's picture

someone else posted this, priceless comedy-


Wed, 11/02/2011 - 14:09 | 1837711 DoChenRollingBearing
DoChenRollingBearing's picture

Next up:

Wed, 11/02/2011 - 15:08 | 1838105 NotApplicable
NotApplicable's picture

Well, that's different.

Wed, 11/02/2011 - 13:22 | 1837537 qussl3
qussl3's picture

Ben aint making it rain before TSHTF.

Wed, 11/02/2011 - 13:36 | 1837599 Troll Magnet
Troll Magnet's picture

Agreed 1,000%  Everything has to plunge and politicians have to recant their criticism of the Fed and get down on their knees and beg before Ben starts printing again. 

Wed, 11/02/2011 - 13:53 | 1837652 Carlyle Groupie
Carlyle Groupie's picture

The Fed has to prep everyone for the coming hike. Goldmans about to step into the hurt locker.

Wed, 11/02/2011 - 13:22 | 1837538 Irish66
Irish66's picture

back to 90 for you

Wed, 11/02/2011 - 13:27 | 1837547 fyrebird
fyrebird's picture

GS just failed to get one of the chairs as the music stopped.

But it's musical chairs on the deck of a sinking ship, so it doesn't matter who gets a seat in the game. The music is going to stop for all of us as the cold waters overtake the Titanic. And beneath the waves there be monsters.

Wed, 11/02/2011 - 13:34 | 1837591 Richard Chesler
Richard Chesler's picture

I refuse to read anything from Goldman until it is written from pound-them-in-the-ass federal prison.


Wed, 11/02/2011 - 14:12 | 1837728 gangland
gangland's picture


Santelli: it's hard to extract what's moving this market

trader: "they're painting the tape"


Wed, 11/02/2011 - 14:04 | 1837692 Raging Debate
Raging Debate's picture

True but the monsters are actually not bad. They are called the global citizen. Perhaps all of us really fear the less known but even there our human nature hasn't changed that much over time. History tells us even real monsters only have a temporary day in the cycles of life.

Wed, 11/02/2011 - 13:25 | 1837548 Cdad
Cdad's picture

Beg Jan Hatzius...get on your knees and beg for more free money.

Wed, 11/02/2011 - 13:25 | 1837551 NOTW777
NOTW777's picture

no one questions the fact that ben has been talking about "improving" economies and recoveries for the past 3 years

Wed, 11/02/2011 - 13:26 | 1837552 Deadpool
Deadpool's picture

they are willing to publish wrong info when it suits them. classic pump and dump.

Wed, 11/02/2011 - 13:26 | 1837554 ArkansasAngie
ArkansasAngie's picture

Here's my take ... if you shatheads decide to spend any money on your disproven theories ... well ... let's just say it had better be their money and not mine. 



Wed, 11/02/2011 - 13:26 | 1837555 LongSoupLine
LongSoupLine's picture

Goldman will be worthwhile to the American public when it's nothing but a WorldCom.

Wed, 11/02/2011 - 13:32 | 1837585 disabledvet
disabledvet's picture

"just move the liabilities over to the asset side of the ledger and keep that stock price up." works until it doesn't

Wed, 11/02/2011 - 13:26 | 1837557 flacon
flacon's picture

Rosengren, Fisher, Kocherlakota , Plosser .....


Can't we have some American names on that committee?

Wed, 11/02/2011 - 13:29 | 1837572 qussl3
qussl3's picture

Big Chief Monkey balls?

Wed, 11/02/2011 - 13:40 | 1837613 Troll Magnet
Troll Magnet's picture

I like Kuwanyamtiwa Ata'Halne.  That's a pretty cool name I think.  

Wed, 11/02/2011 - 17:26 | 1838727 Bastiat
Bastiat's picture

You know that translates to "Big Chief Monkey Balls," right?

Wed, 11/02/2011 - 13:31 | 1837563 Cdad
Cdad's picture

News Flash...BlowHorn [CNBC]...Sharon Eperson:

"There is [suddenly] a lack of clarity on Greece."  No shit.  But while the Pacific Ocean was buying Euro dollars during the wee hours of the night...apparently there was absolute clarity?

Pull this network's license to broadcast, please.

"Comcast profit rises, overcomes [C]NBC drag"

Wed, 11/02/2011 - 13:35 | 1837598 disabledvet
disabledvet's picture

Start of a depression. "they blew up the exchange." ended up arresting the head of it when they did it too. Back in the thirties that is.

Wed, 11/02/2011 - 13:28 | 1837566 unclebill
unclebill's picture

Time to use the "I don't recalled that......" sentence.

Wed, 11/02/2011 - 13:29 | 1837573 Tsar Pointless
Tsar Pointless's picture

Can somebody do a fellow ZEer a solid and watch/report on Chairman Ben's presser for me this afternoon?

I was going to attend it in person, until I heard there wasn't going to be any punch and pie, as I had previously heard. I said to them, "Screw you guys! I'm going home!" and promptly stormed out in dismay and anger.


Wed, 11/02/2011 - 13:34 | 1837581 JR
JR's picture

So, Goldman has been snubbed for the second time in a row by the FOMC.  How can one snub oneself? I guess it’s the opposite of patting yourself on the back; it’s stabbing yourself in the back. Mmm

Nathan Martin’s new slogan goes like this: Lying is a cooperative act. We, the 99%, no longer consent.

On Nate’s Economic Edge site yesterday:  

"Everything the ‘Fed’ does is designed to trick you. From their very name, all the way to every report they disseminate, nothing but lies, disinformation, disconnects between words and actions, and blatant self-interest all designed for them to profit at your expense. And robbing you they are. Their advertised inflation rate is running a little more than 2%, vastly understated I say. Today the University of Washington confirmed that for us in the Seattle area:"

The cost for two parents and two children to live in Seattle has rised percent in the last two years and for single people, it’s 19 percent more expensive, according to a University of Washington survey.

The Seattle reports the study indicates it costs a singe parent of two children in East King County $65,690 to meet basic needs, up 14 percent from 2009.

Wed, 11/02/2011 - 13:34 | 1837593 Lord Peter Pipsqueak
Lord Peter Pipsqueak's picture

Sorry,I thought GS and JPM WERE the Fed?

Wed, 11/02/2011 - 13:57 | 1837669 Motorhead
Motorhead's picture

I think JPM is the Fed, and GS is the Treasury Dept.  But, I guess that's like splitting hairs.

Wed, 11/02/2011 - 15:12 | 1838120 NotApplicable
NotApplicable's picture

Multiple Personality Disorder.

Wed, 11/02/2011 - 13:56 | 1837664 Motorhead
Motorhead's picture

Sounds like Goldman isn't giving enough money to Obama's re-election campaign.

Wed, 11/02/2011 - 14:56 | 1838034 Archimedes
Archimedes's picture

Who the fuck cares what Goldman's take is? I mean really? Why do you post this?

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