Today's Economic And Political Docket - Peak Rumors, And Some Facts

Tyler Durden's picture

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msmith's picture

The market continues to shrug off poor earning reports.  The SPX is likely to continue higher with the EURUSD, AUDUSD, and GBPUSD all pointing higher as well.  This move seems to all be about the USD weakness, but bottom may be very near.  http://bit.ly/w2okGc

101 years and counting's picture

Anyone else think Op Twist is just another Euro bailout by the Fed?  Sell treasuries to american dealers, and buy the long end from the foreign PD's.  They repatriot that cash back into the EUR, forcing EUR/USD up, along with every other risk asset.  Pretty much the same as QE2.  Any way to verify this??

slaughterer's picture

Limited verification is possible through the Fed website.  Never forget the number of European banks on the Fed's primary dealer list.   

buzzsaw99's picture

GO GO INTERNET GAMING!

AngryGerman's picture

"overturn the ban on internet gambling in the US, replacing it with a state licensing regime, which if it occurred most expect would to lead to taxation and additional government revenue."

 

= milllion billion trillion dollar bailout bitches

LawsofPhysics's picture

Still waiting for those treasury auctions to go bidless...

JPM Hater001's picture

On the edge of my seat for Perry Press conference.

Texas is one of the nations largest states so how come it is they only have one politician who understands the economy...making all other articles moot...

Go Ron Paul!

slaughterer's picture

Forbid internet poker, but turn the face the other way on HFT. 

Miss Expectations's picture

Also:

US Treasury Secretary Tim Geithner will tour a Wilmington business tomorrow (October 25, 2011) as he helps tout President Obama's jobs plan.

The secretary will visit Corning's fiber optics manufacturing facility.

http://www.wwaytv3.com/2011/10/24/first-3-treasury-secretary-geithner-co...

NumNutt's picture

Coffee check. Bowl of corn flakes check. Vodka check. OK bring on another day of Euro smoke and mirrors....

Zoran's picture

Tyler, I admire your stance, but a major problem today is that the rumours in the media and the blogosphere are dominated by the 1 percent.

The 1 percent control everything, and they control the news and rumours that they drip fed to the masses, to the 99 percent.

It was revealed recently that the real estate industry actually pays shills and spruikers to ‘talk up’ property on forums and blogs (yes even blogs like this one) to plant positive spin, to post as if they are one of the 99 percent when in fact they are the 1% pretending to be a normal blogger.

Watch this for evidence, it includes a video that Bernard Salt probably wishes was never recorded:

http://www.differenthere.com/2011/08/on-internet-nobody-knows-youre-dog-or.html

Are your eyes open yet people? Don’t believe what you read, anywhere. The problem is the 99 percent don’t read blogs like this. They don’t find out the truth. So pass this on, pass the message on to everyone. Tell your friends what’s happening. Make them read ZH articles. Make then watch the Bernard Salt video above (he’s a public figure, they might have heard of him, they might listen to his scheme and revolt against it).

Above all, remember, the 99 percent are fed lies by the 1 percent and this is a huge obstacle we must overcome.

But in time, the truth must come out. It always does.

We are the 99 percent.

infotechsailor's picture

1% of 6.8 billion is about 68 million people. I think its fair to say only 1 in 100 people actually possess a functioning brain, and you are probably one of them.

If you think that media plants in the real estate industry are the biggest concern, you've got a long way to go down this rabbit hole, buddy.