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Open Thread: 2011 Closes....Down
With the S&P 500 cash index closing 2011 down for the year (admittedly down 0.003181% is just 0.003181%, but it is also down), we look across asset classes and notable markets as we reflect on an increasingly intervention-driven and gap-heavy uber correlated global investing framework. UK Gilts, 10Y Treasuries, Gold, and Oil outperformed (rebased to USD terms) while Greek bonds, Copper, Emerging Market stocks, and Asia Ex-Japan stocks underperformed. The Dollar closed almost 1% higher on the year, the EUR down 2.6% versus the USD as the CRB Commodity Index closed -6.67% for the year. Japanese stocks and bonds had a tough year. US investment grade bonds outperformed high yield bonds. There is much to discuss and we open the thread for any and all discussions...
Global markets compared...(click to enlarge)...
An important grouping that many paid attention to is Gold vs TSYs vs Stocks...
Comparing Gold to other commodities...
Global Stock Indices...YTD performance...
While the S&P managed to close marginally down for the year, the sectors' performance was very diverse...
FX markets saw plenty of vol but ended with convergence as the all-powerful USD moved everything - except for the JPY which gained 8.1% YTD (and obviously swissy had the craziest of runs in the year)...
European AAA Sovereign spreads exploded and dispersed as clearly France and Austria are being priced 'differently'...

And evidently the desperate need for USD liquidity is highlighted best with the now ubiquitous EUR-USD basis swap spread...

Of course comparing VIX (actually the 3rd month VIX futures contract here) with implied correlation gives us a sense for the demand for macro protection versus micro protection...its clear that while VIX has dropped recently (as is its tendency at year-end) it is considerably elevated from a year ago and implied correlation is hugely higher signaling a demand for protection remains high as fear is still here.
but maybe security-of-the-year goes to...BTPs - certainly as much a pivot trade as any other in the latter half of the year...
But we end with the clear message that we discussed many times - the market is broken - it broke when S&P downgraded the USA and made the impossible possible...
The explosion of volatility in the financials post the USA downgrade, coupled with the markets absolute schizophrenia (risk-on / risk-off) are very clear when pictured above and below...
The S&P 500 traveled a marvelous 3240 total points close to close while amassing the 0.003181% loss it achieved on the year...
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open thread bitchezzzz
happy 2012, Bitchezzzz!
Enjoy the next 357 days as if they were your last.
Because the way things are going, they just might be.
Self-fulfilling Mayan prophecies, bitchez!
End the Fed.
Throw Benocide in prison. Put Greenspan in charge of SNAP.
Kick Geithner in the nuts. Impeach Osama.
Intergalactic alignment, bitchez. No Mayan junk, just space junk.
This is a result of cowardly investors with no sense of loyalty or patriotism. Shrewd value investors have put their lives on the line, only to be betrayed by doomer shorts, hawkish Federal Reserve officials and a pitiable fiscally impotent congress. I used to get angry at cowardly sellers, but now I just feel sorry for them. Equity sellers are in fact selling their country down the rat hole, just for a few extra bucks. And that’s just shameful and sad.
..... MDB junk too.
It's good irony, keep it up MDB.
i was under the impression that mdb was actively seeking reds (so as to set a new record).
Any chance we can get some Marla Trance on New Year's Eve?
Be careful, on an open thread you will reap what you sow. God bless you all and happy new year!
well unfortantely for us and this country ron paul will be crushed in the main stream media coming up,,,,they want romney vs obama and our votes won't count no matter what,,,,,,,,you have no choice,,,,,,so enjoy life in 2012 the current system may end before 12 begins or around the chinese new year!!!!!!
What happened to Zero Hedge Radio? I love Marla Singer! Albuterol is my fav mix for my GPS MP3 player in my car. Bring on the tunes Marla!
Trance / Electro / House / Techno 2012
http://www.youtube.com/watch?v=po4-hcw1H0k
Looks like 2011 provided the perfect preview for the year to come. At every turn and in every dimension of our lives, we got a preview of the Shape of things to come.
It does not look pretty. but then again, perhaps pretty is over-rated?
What an opportunity to create change. Even the PTB know that from this mix and degree of instability, anything can happen. Anything.
Curious to see how things move from the net to the ground.
Awesome to be here, both with the TDs and the greatest bunch of intellectual keyboard-jockeys on the inter-webs!!! ;-)
See you all next year... we've got things to do. It's either that, or deep doo doo.
ori
/the-plan/
war in 2012, bitchez
http://azizonomics.com/2011/12/30/the-edge-of-bankruptcy/
I look forward to 2012 where things will undoubtedly get a lot shittier than 2011 but not quite as bad as 4672 B.C.
silver down for the year too, off 10%
have bagholders hunted down and killed our resident pumper shills?
I guess you forgot that the "pumper shills" predicted that this would happen as a part of decoupling.
I bet you blame your black grandmother for your inability to process anything beyond the surface level.
i would just like to add my best wishes to all the ZeroeHedgehogs...
Jesus loves you all.
I predict that 2012 WILL bring Mayan catastrophe on a biblical scale but also the rapproachment of Trav and Tmos as they finally "get a room" only to discover their shared "Hedgemanity"...
War Is Over If You Want It.
He hit -348 a couple of months ago; this is not his best work and the topic is not incendiary enough.
This is why I love the Ron Paul grassroots movement.
"RealClearPolitics.
NEWTON, Iowa -- As they waited for a bus dubbed the "Constitution Coach" to pick them up at the Des Moines airport and bring them to their makeshift lodgings late Tuesday, about two-dozen college-aged Ron Paul volunteers mingled in the cold night air.
The sudden appearance of a reporter's notebook and tape recorder drew comments befitting a group of young people who proudly wear their skepticism on their sleeves.
"What's the article you're going to be writing, man?"
"Yeah, what's the spin, bro?"
Asked where they had flown in from, the answers ranged from California to Virginia -- with one twenty-something purporting to have made the trip from Brazil to help Paul win the Iowa caucuses on Tuesday.
Unsure of what exactly they would be assigned to do, the eager foot soldiers who had signed up online and paid their own way here said they were prepared to phone-bank, knock on doors, speak at caucus precincts, or do basically anything that is asked of them.
When a volunteer noted that he was not authorized to speak to the media, one of his new friends quickly corrected him. "No, you can," he said. "You haven't signed anything yet."
Members of the group confirmed that they were told by the campaign they would have to sign agreements that would bar them from talking to reporters. A spokesperson for the Paul campaign did not respond to an inquiry about the restriction and declined to provide an estimate of how many out-of-state volunteers were expected in Iowa down the homestretch.
Throughout a 20-minute chat about their efforts, the volunteers frequently steered the conversation back to their level of dedication.
"What other candidate has this many people coming in from out of state?" one of them asked, noting that she had raised the money for her plane ticket to Des Moines.
No one could doubt their enthusiasm, but these young supporters nonetheless face a steep challenge in building a winning coalition of rank-and-file Iowa Republicans and nontraditional caucus-goers, while avoiding comments that might turn off either group.
Though several of them were eager to extol Paul's support for drug legalization and opposition to the CIA's targeted drone strikes in Pakistan, none mentioned the candidate's pro-life credentials that have been a focal point of his TV advertising campaign here.
Still, 25-year-old Brennan Westerson of Santa Rosa, Calif., said he was confident he could help persuade traditional Republican voters here -- many of whom are firmly within the senior citizen demographic -- to get behind Paul.
"They were college kids once," he said. "We're idealistic and we have a lot of passion, and maybe since they're older, they're wanting to revisit something like that."
Westerson said that he was first drawn to Paul because "he was a Republican who was talking about the wars, and that was cool to me."
Standing beside him, a young man who first declined to give his name but then identified himself as "James Smith" interjected frequently to opine on Paul's foreign policy views. In the process, he projected unabashed confidence about how he could make the case for the libertarian-leaning Texas congressman.
"We're going to be arguing the case of liberty," he said. "It's pretty easy just to talk about being left alone.""
http://www.cbsnews.com/8301-503544_162-57349618-503544/young-ron-paul-volunteers-descend-on-iowa/
I have a suggestion for the kids campaigning for Dr Paul when confronted with the question of the news letters;
They could hand the person a Super Brochure and say it's kind of like this. Ron Paul didn't write this brochure, his supporters did and paid for it. We hope there's no mistakes in it.
http://www.ronpaulbrochure.com/
You know, what the Ron Paul grassroots movement is giving the country is a second chance to beat Obama. Cause that's who he would have been up against that last time the movement tried to get him to be the GOP Nominee.
Last time the movement chose to go in your face. They were on every street corner waving Ron Paul signs to go over the MSM's heads. They even bought the worlds largest political blimp listed in the Ginuss Book of World Records, ran it up and down the east coast at a cost of $400,000, just to get their candidate noticed. The MSM was too powerful back then in 08. This time they're playing it close to the vest, conserving their energy for the finals. I approve the tactic.
About the only thing different this time with the use of the world wide web physical links such as MeetUp, aren't quite as necessary as the last time. People make contact with the movement without having to be nudged with the social networks as much, although they're still very useful but not quite as necessary. I don't know how it works?
The word from the inside is that Obama is going to vote for Ron Paul.
Heartwarming article. Just don't bother with the video, archived by CNET from CBS news in which the verboten one's name is not mentioned once. Strangely enough, I believe a Ron Paul victory will increase unemployment. By the shrillness of the commentary, it sounds like half the MSM shills will be looking for jobs if Romney doesn't get the nomination. Someone needs to remind the sheep that the primaries are their last chance to be heard. Once we have two PTB sell-outs running, the election, and all the MSM circus that goes with them, is irrelevant.
Interestingly enough, MDB's second best showing at -335 was on the Jon Stewart interview with Ron Paul and his post hasn't been deleted (yet) here.... http://www.zerohedge.com/news/jon-stewarts-extended-interview-ron-paul
Saw it and its great. Ron says the media people don't understand the economic problems and just want to keep getting more and more tax and debt money from the people,
The troops aren't troops anymore.
Their corporate mercenary armies.
They know this.
That's why most of their campaign donations go to Dr Ron Paul.
I think Zero Hedge should win a Pulitzer Prize for 2011 coverage of geo-political, world, and economic events reporting.
I must say, ZH made it much easier for me to get through 2011.
Thank You Zero Hedge.
I
wish
they
would
do
something
about
these
threads
that
push
the
right
hand
margin.
Hard
to
read.
turn
your
head
sideways!
If
your
colon
is
flexible
enough.
zhandax -
MDB has nothing on Johnny Bravo. Bravo used to hit that 100+ mark and have his posts kicked out in under 5 minutes!
the magic arrows say 50/50.
purple drank!
Doomer = Realist
doomer = theoretical realist
real world takes stupidity of human species into account on how the world is run on exploitation of hope throughout history:
Why don't you study MDB's approach? At least he knows how to amuse. I am just a lowlife worker, but at least I know my limitations.
I like your list AldousHuxley -
delayed gratification, chase the carrot Jackasses, else you get the stick!
pie in the sky when you die!
I think you are a little confused about the term "investment". All of your emotionalism is out of place and self destructive. The powers-that-be do not share your patriotism. Buying paper of any kind does not equal patriotism. Value investors are not putting their lives on the line, only their capital. Capital does not equal life. You need some perspective, I think.
"Value investors are not putting their lives on the line, only their capital."
It's not just capital that is put on the line. Value investors work incredibly long hours identifying the smartest buy-and-hold equity opportunities and optimizing equity portfolios, and this can often mean putting your life on hold altogether. This is why it is nothing short of CRIMINAL for equity investors to bail out of stocks and leave the most courageous among us holding the bag. I'm sorry, but this is simply inexcusable and I will not apologize for my strong words.
@MDB,
Any truth to the rumor you were programmed (after hours of course) by the same team that put Watson together?
"This is why it is nothing short of CRIMINAL for equity investors to bail out of stocks and leave the most courageous among us holding the bag."
ROTFLMAO!!!
Hold. Hold!!! Don't fire till you see the whites of their eyes boys!!!
Boys? Boys?!?!...where'd everybody go?
Classic MDB.
Amazing to think he's only been among us for half the year.
Why is it amazing? I'd rather watch a special needs child attempt to wipe themselves than see another shit-for-brains comment about how much they like MDB/wonder why he's so misunderstood.
MDB separates the Dullz from the Lullz...
I don't get NOT getting MDB
You need an iPhone
http://www.nbcbayarea.com/blogs/press-here/Siri-Tells-Little-Girl-to-Shut-the-F-Up-Calls-Her-Ugly-136450818.html
MDB is simply performing his act, and he is quite good at it. I recall my first encounter with one of his posts. He really set me off, and I wasted about 15 minutes on my response, only to discover that he deliberately baits us all. Now, I enjoy reading his comedy, and enjoy the reponses even more.
It is good...I'm thinkin its a MoneyMcBags variant without the money shot.
Sorry for the visual ;-)
LMAO! hahaha
Money McBags was never quite so disingenuous! :>D
Good point, I stand corrected ;-)
took you 15 minutes to figure that out?
Your goal needs to be to try to exceed and amplify his efforts and draw your own red arrows.
ZH is full of pavlov's dogs
Whomever smelt it dealt it.
....and your goal should be to try and improve you critical reading skills. Did I say it took me 15 minutes to figure out his schtick? No. I said I spent about 15 minutes on a knee-jerk response to what I thought was a dingbat the first time I saw one of his posts.
.....and, further to Pavlov's dogs, you might want to have a look in the mirror.
See you next year, Trav ;-))
Trav doesn't improve. He took an online IQ test once and it said he was a genius, so he thinks every thought that flutters into his empty head is right.
Your schtick has outlived its amusement. You won't be read again.
That was pretty good MDB, I am a little surprised that you got 8 +1s on this (unless of course the +1s are from those who get the humor) cause the sarc is thick and dripping. Nice job!
Whooooa..."MillionDollarBonus_"..."And that's just shameful and sad."
How dare YOU come here preaching that Bull!!...I for one, am just fighting fire with fire, when I short! Furthermore, by your own words, you're no better than the CRIMINALS that have brought this country to this depth!!
Now, go down to your nearest tavern and get over yourself!
I don't know why no one understands you, MDB. I think you are a professional writer who knows how to yank peoples chains as a contrarian. I always look forward to reading your comments. You are a master of contrarian prose. Have you ever considered selling your talent to SNL? I used to watch them religiously, but their writing staff has sucked for the past several years, or more. I can't remember when I watched them last.
SNL hasn't been funny since about 1977.
Yeah well that's your opinion.
http://www.youtube.com/watch?v=aN6rjLcpBnI
Yes CL17
Its called gallows humour.
its hard to get into but side splitting funny once u r hooked.
its rare in an american tho' - i suspect MDB is british.
Kristen Wiig, Bill Hader, and Andy Samberg are pretty funny. I think it's watchable again.
Fuck you
May you choke to death on your holiday dinner.
Was your response directed at me, knukles? If so, what did I say that offended you?
No, Classical!
It was directed at MDB.
I do apologize for any inconvenience, confusion, consternation or agita that I might have caused, but I'd replied to the Twit/Zero/Troll whatever.
Some folks think of him as humorous, but long ago in a thread far, far away, I got into some serious exchange wherein there was provided a rather delicate yet deeply telling examination and exploration of the man's/thing's character.... and came away with a distinct feeling that there's something terribly wrong.
Either he's paid to do this shit or mantally deficient.
In fact, thinking about it, I might be inadvetently taking advantage of a poor mental incontinent.
But then again, this is not a 12 step meeting, but it's next derivative, Fight Club.
Maybe best to let him expire on his own.
But such Bullshit is just beyond me.
Happy New Year to you, sir. I just think that MDB is a writer/ producer and he is desperately seeking a muse to help break his writers block. Otherwise... You know how demanding those people can be.
Wishing you a Happy New Year :)
I have a boxwood stove that is mantally deficient too...
Now how I thought of this I have no idea other than my plentiful propensity for grammatical and spelling erratum, but do you realize that without the two best vice-presidents of all time, we wouldn't be having this exchange right now?
Al Gore invented the Internet and Dan Quayle spellcheck. They soulda gotten together and built the Potaote Internet Super System, or PISS for short. Slogan "We see everything".
Wishing you a safe and sane New Year. :)
Very interesting insights knuckles. All I know is that, the older and drunker I get, my spelling and grammar go to shit...
LOL. mantally deficient. I once knew a grasshopper that was praying mantally deficient...
Always a +1 for any Star Wars reference.
And likewise for Foghorn Leghorn
Anyone who gets worked up by sarcasm as think as MDB' is the one with mental problems.
Hey, Knuks! That wasn't very spiritual, now was it? Haha, just messing with you, dude. Remember, MDB is here for entertainment purposes only, not to be taken seriously. You gotta love the irony in his posts, and so perfectly subtle. I'm a fan.
Dawg! What's happenin', my brother?
Being good as always, I can see.
OK, so I was a bit rough about the edges. Crosion of my spitirual mantle taking place... See, anonyomity can be destructive to the soul. (OMG, I'm being my own victim LOL)
I'll add it to my 10th step tonight.
I need more of what you've got, apparrently.
Here's wishing you a marvelous New Year.
I'm all set with my extra large New and Imporved Xmas gift box of Polident, sugar free ice cream and decaf. Probably still won't make the ball drop, even on west coast time.
Always love the commentators announcing the New Year in NY as if it was "The New Year" when in fact it's somewhere near the asshole end of the day's activities.
The Ego that must be smashed :)
Hey, BTW, have had a series of surprising conversations over the last week or two with a very broad social/economic variety of folks. All are starting to show some obvious signs of outright worry, concern, etc, but via the exceedingly subtle tone of voice/micro expressions that we've learnt to read as part of our development. And the crowning phrase has been "Nowhere left to hide."
Methinks it be telling.
Deflation and hunkering down seem to be the zetgeist in my portfolios again this year. The munis, long treasuries and TIPS did well, gold fine, silver not so fine and got creamed by the SNB on the Swissy.
But WTF. Live and let live, acceptance and another day.
Bless you my man.
Knuks
We all should get together and have christmas dinner next year, NOW THAT WOULD BE INTERESTING!!!
That WOULD be interesting. Something to consider. I'd love to meet some of my friends of Bill from here, I'm sure the conversation would be salty.
This appalling comment fully characterises the doomer attitude. I will continue to offer my objective analysis in the face of this shocking abuse in the hope that I might educate some of these masochistic lunatics.
How bout some of your stock picks for 2012 to lighten your mood...you seem depressed ;-)
Don't discount the possiblity that stocks could go to all time highs in 2012! Porter Stansberry says, and I am paraphrasing here, once the QEs kick in, there will be bubbles created "and" it could be stocks or gold or whatever. All those digits have to land somewhere in the short run before the "great reckoning". Stansberry thinks that a eurphoria may develope over at least part of 2012 before reality slaps us all right in the kisser. Stay nimble. Stay quck, and if you see a tryrant hit him with a fucking stick!
Sorry, but I can't trust anyone named 'Porter Stansberry.'
Fuck you
Hey, Knuckles. That's 2 F.U.'s for my boy M$B. RU horny? Developing a man crush?
Mr. Million Dollar Bone-Ass, I think you're a hoot!
.... kind of like a gay rush limbaugh. :)
Please keep educating, entertaining and enlightening us!!
(The 3 E's of Bone-Ass.)
I will continue to offer my objectionable analysis...
Just correcting you there MDB..
Seasons fucking greetings.
Wow. Sometimes I wish I were still that naive...
"This is the best of all possible Worlds!" -- Candide :>D
You're gonna have to step it up a bit in '12 to be entertaining, MDB.
Happy New Year.
+lol
MDB may find he needs more than that,
Perhaps communicate that expectation..
Ibid: Observe the difference between shadow printing(2011Q4) and announced QE (2011Q1).
I bought some doomer shorts recently. They were okay after washing.
Shrewd value investors have put their lives on the line, only to be betrayed by doomer shorts
You mean "doomer shorts" like Goldman Sachs shorting stuff they were selling to you "shrewd value investors", privately calling it "vomit" and "dog shit" while eagerly pitching it you over the phone?
You're pretty funny MDB.
Your lunatic sheepish gullibility might be the funniest part :)
"betrayed by doomer shorts"....so that's not the same as having panty lines, then?
Sometimes, panty lines can be very erotic -- wrap yer haids around that, fashion police!
You can call me cowardly if you like. I have put my life on the line for this country. I would do it again. If I decide to go short because I think
the market is going down then so be it .
Shrewd value investors put their lives on the line. ha f-you
It's a traders market. put your capital on the line. Quit your bitching.
I bet you don't know what it sounds like to be on the receiving end of a weapon.
Suck it. Confusing loyalty with playing the stock market. Sick and pathetic. Suck it.
Suck it. Confusing loyalty with playing the stock market. Sick and pathetic. Suck it.
Mal-investment helps no one but the crony insider. See paved over farmland in Stockton.
End the Fed and end the Ponzi.
Also, stop the excessive taxes and regulations or we'll push the productive members of society out of the country, just like those who originally came to the US generations ago left their homelands attempting to avoid excessive taxes and regulations.
TheSilverJournal.com
MDB
Logged in just to junk you. Happy new delusions to you!
Go away, please. No anger, just go away.
Too many female dogs on this site.
Female dogz.
Female Dogz, Bitchezz!!
Er... um... Redundancy, Bitchezz!
Thanks Tyler for all you did for us in 2011
Another donation on it's way. Plus I promise to click on some of the ads.
One question though. Why do they think I'm interested in dating asian chicks?
"Why do they think I'm interested in dating asian chicks?"
Because they love you long time...
http://www.youtube.com/watch?v=12tce-THLUE&feature=related
Tell me about it. The clown tranny porn ads are very distracting at work! I usually ... oh, wait, Schapiro is buying us all dinner ... gotta go ...
Regards,
Cooter
All my ads are for world class rifle scopes, and my needs in that regard are pretty well met.
Are the Bastards just trying to tempt me?
I shut off adblock for awhile, just to see, and I got ads for gold & silver bullion, Mercedes, time-share corporate jets, and survival gear. Never looked at jets or cars, so I'll take that as an indication that Google thinks I'm on the right track.
Guess I'm elite, bitchez. Nah- still a po' boy... but working on it and doing ok. Here's to taking the counterparty on the apocalypse- hopefully by next year this time, you're all reading articles about how I bought the ranch next to Kyle Bass and have 2 million dollars in nickels. It will be a rousing story of sucess and hope, if it happens- but as long as I'm not making coffee on the firepit in the backyard while fighting off marauders with the shotgun strapped to the other arm, I'll consider that a "win."
Good luck to all in the coming year- I can only hope its a repeat of Y2K.
No, consumer, just juice you...now back to sleep...you're not ripe yet.
Because the cookies and LBO's on your machine tell adsense you've been looking at porn sites. Same thing happens to me :)
Use firefox with Better Privacy, or hunt in the appdata/local/macromedia dir tree to find the LBO's.....
Or stay away from porn sites :) !!!!
Heheheheheeeeeeeeeeeeeee! Have a drink on me!
Correction: any file with the extension .lso
long term storage object...super cookies if you will
come from flash files mostly, and a nice door on win for a nasty virus. Same with asian hookers :)
Or buying prodigious quantities of pelleted smoked paleolithic elephant penises?
Seriously? Wait, you're in Reseda aren't you...
I thank ZH and Tyler as well. There are several big brains here and I appreciate all of the posts from all viewpoints. Some of us sheeple are waking up, and we are here at ZH. Not posting, but learning. OK, I may post one-liners, but mostly I just sit back and learn, and google, and google again, and then get a headache and google again. Just today I posted to a threaded back-and-forth between Cdad and Boilermaker because they were talking about me (95%). As I get more comfortable I may post more. You all rock. P.S. Now when I get up for my 4 a.m. piss I have something to do...checking the EU shitstorm. Happy New year.
Nah, F*** the one-liners. If you come here, come to play, and run in swingin'. It's a fight club, not a school dance. We all have our styles, and I'll look forward to seeing yours in the future.
Sunday is a new year- make a resolution to put your toe to the line, and let the chips fall where they may.
Abso-fucking-lutely.
I believe things are gonna get serious next year. Just a gut feeling.
I close out 2011 with a particularly sobering event, a memorial service tonight for a brother who committed suicide.
The brother I respected most. I respected him all along, I respect his choice now. But it doesn't keep you from getting a little emotional about it.
Sorry for your loss, COG.
May he rest in peace. Keep your head up.
Sorry, Geezer. Whatever the reason, the hole that's left is huge.
predictions for 2012?
harbingers of doom!
Ongoing bank runs leading to chaos. That's on the bright side.
Astounding recovery! Full employment! Glass-Steagal re-instated! Patriot Act recinded! Federal Reserve replaced by laptop! All paper USD replaced by species per Constitution (a dime buys a gallon of gas)! All married men loved-up by their wives!
Thorazine is a helluva drug...
The S&P Cash Index goes all in for Obama, dumps all assets including the office furniture, coffee maker and the petty cash into the Fund To Reelect The Teleprompter-in-Chief. Cash Index subsequently left destitute and last seen stowing away in Michelle's ample luggage on flight to Jakarta.
By Dominic Sandbrook
Read more: http://www.dailymail.co.uk/news/article-2080534/Will-2012-new-Dark-Age.html#ixzz1i4FmxQMr
FDR and Hitler didn't have cable TV.
that's lots of fun for me. michelle's ample luggage. you think she could stuff that much up in there?
i guess so - her boy toy has had plenty stuffed into his luggage.
hillary has some pretty substantial ass-sets also. but she decided to stay behind.
You think about executive branch ass a lot. Ever notice that?
you'ld fuck them....
now you've thought about it :)
All the Best for 2012! Look forward to good discussions and sharing!
2011 pic of the year on Zero Hedge: Deer In The Headlights. Probably for 2012 also ....... coming soon.
Here are my "Predictions" for 2012!
1. Obama tells the truth about his birth cert, gets deported to Kenya!
2. BLS tell the truth..unemployment is really 22%!
3. Barney Frank comes out of the closet..he is really 1/3 gerbil, 1/3 third goat and 1/3 human!
4. Bernanke attends printers anonymous..lasts 3 days before intervention by Timmay & Obama!
5. ZeroHedge is asked to write the 6pm news for all major TV stations..within 2 days Bank Runs wipe out all financial institutions!
6. Merkel finally admits Hitlar was her great grandfather!
7. Sarkozy and Camreon have a pay per view fight to raise funds to fight their growing deficits.
8. Sarkozy gets beaten up by a 5 year old kid and is paralyzed for life!
9. The Khardashians Cunts fame runs out by June, they release a new video tape of a Khardashian sister gang bang with monkeys at the zoo..their mother videotapes it!
10. The financial system finally blows up, Zerohedge members are now the smartest people in their peer groups and get to tell all the hating inlaws and their facebook friends "We fucking told you so you bunch of cunts"
Happy New Year!
I am off to drink a gallon of Irelands finest whiskey!
Thank you for that. Happy New Year!!!!!!!
Now for the important question from that drivel.
Which is Ireland's finest whiskey?
I'm a fan of Tullamore Dew, meself, but I'm always willing to try new things.
The kind in a glass, boyo.
May those that love us, love us.
And those that don’t love us,
May God turn their hearts.
And if he doesn’t turn their hearts,
May he turn their ankles,
So we’ll know them by their limping
Cheers ZH .. Thanks for all the smarts!
Happy New Year 2012
http://theeconomiccollapseblog.com/archives/the-number-one-catastrophic-event-that-americans-worry-about-economic-collapse
fiscal slippage
= anal leakage
Try Depends.
It Depends on what's leaking.
SPX went from 1257.6 to close 2010 to 1257.6 to close 2011.
Yea, that's not manipulated. Must be at least a one million to one probability.
Only possible through Ben Bernanke's heroics while wearing a leather jacket:
http://www.youtube.com/watch?v=MDthMGtZKa4
OMG, I just had a flash of Bernanke as Rob Halford in leather singing "Tubor Printer" ... Maybe Banzai can make that work ...
Regards,
Cooter
Shouldn't the Bernank be singing Breakin' The Law?
Ben Caught Stealin...
http://www.youtube.com/watch?v=jrwjiO1MCVs&ob=av2e
Money...no changes needed really...
http://www.youtube.com/watch?v=Xl6NfQyNLto
Youtube gave me a gold ad before that video. How fucking hilarious is that?
I found this...apparently, it's possibly the tightest close ever.
It's complete and utter BULLSHIT, my friend, and you want confirmation data?
June 30 closed with the S&P up 5% for the first half. That's 5% . . . to three decimal places . . . 5.000%.