"You Are Here"

Tyler Durden's picture

A casual reminder courtesy of Edwards Jones.

P.S. the arrow is ours...

h/t nolsgrad

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rcintc's picture

Then why am I so fearful if we are in this uphoria??

The Watchman's picture

but.. but... this time is different right? infinite growth is possible right? but I thought Ben saved us?????

Sudden Debt's picture

Sure... Now for the money you own us mister stevensons... You're lucky we seem to be able to come to a understanding because it seems you have a rare bloodtype... And healthy kidneys and lungs...

AldousHuxley's picture

politicians give shit away to ignorant voters during election time....especially in the south....give them the hope that 'the south will rise again'


toothless redneck: "I don't care for government. they don't show me anything"

reporter: "you get food stamps"

toothless redneck: "yeah but I think I deserve food stamps. I have no employment"



MillionDollarBonus_'s picture

Euphoria is where goldbugs and silverbugs have been for some time, and now they are beginning to realize the game is up. In my opinion, libertarians are far more susceptible to this type of bubble mentality because of their lack of adherence to solid principles. It is my personal theory that libertarians were not disciplined enough as children, which is why they constantly feel the need to rebel against ‘authority’. The government needs to start disciplining trouble makers like ‘sovereign citizens’, preppers and anarchists to teach them a lesson about respecting their elected leaders.

CompassionateFascist's picture

I stand in awe. MDB is the best fake-troll of all time.

akak's picture

Or just an attention-starved raging asshole.

CharlieSDT's picture

Where have you been lately?

akak's picture

Wow, didn't realize I would be missed!  I'm touched!

Had to take a little break from the online thang --- death of a good friend, and other matters.

economics1996's picture

MDB that was funny.  I can't stop laughing.  MDB needs to get booked at a comedy club; I would pay to see that.

V in PA's picture

Watch one of Obama speeches. Same jokes, and it's free.

nope-1004's picture

I know what you meant by "free", but I just had to say that Obammy's policies and dreams have cost Americans bigtime, more than most comprehend.  The comedy might be free, or the comedy might be costing you in doctored inflation...... matter of perspective, I guess.


Oh regional Indian's picture

That is the straight Dope, Nope.  And something tells me that we are not at Euphoria at all.

Not even close. That is in the Dust of Mid-2007.

We are squarely in the FEAR stage. 

The only EU-phoric thing is the Stock Index NUMBer.



TruthInSunshine's picture

This time really is different and stocks have reached what appears to be a permanently high plateau.

Bernanke's 'put' is for real. He and his fellow central bankers really can and will suspend the ability of the actual market to reassert itself, in the historic and incredibly volatile ways it has after each and every bubble blowing intervention by central bankers throughout history, indefinitely.

There is no more risk; there will only be winners, and market makers won't even be needed before too long; there are only blue skies as far as the eye can see.

Yes. The Bernank 'put' is real and permanent. You don't need worry about old notions of capital preservation. It's risk-on and unlimited reward from here on, no matter the asset class, current valuations, fundamentals of the economy, or global economic-political events of the future.

The game has ended. Central bankers have beaten Mr. Market. This is a watershed moment in the history of economics, finance, geopolitics, and mankind.



TruthInSunshine's picture

I'm American by birth, but I converted to an Austrian.

FWIW, here's a pretty notable Turkish economist (who teaches in the U.S.) who doesn't even entertain that the U.S. economy is doing anything other than deteriorating at a rapid clip (Deep Capture):


By his own admission, Daron Acemoglu is a slightly pudgy and fairly nerdy guy with an unpronounceable last name. But when I mentioned that I was interviewing him to two econ buffs, they each gasped and said, “I love Daron Acemoglu,” as if I were talking about Keith Richards. The Turkish M.I.T. professor — who, right now, is about as hot as economists get — acquired his renown for serious advances in answering the single most important question in his profession, the same one that compelled Adam Smith to write “The Wealth of Nations”: why are some countries rich while others are poor?


Acemoglu, told me that financial firms have so thoroughly co-opted the political proc­ess that the American economy has become fundamentally unsound. “It’s bad and getting worse,” he told me. Barring some major shift in our political system, he suggested, the United States could be on its way to serious economic failure.


It’s the Economy: Why Some Countries Go Bust
Disenchanted's picture

On the political front, we are here...from March 14


Ron Paul’s CPAC and Virginia Cop-outs

The Last Straw





The Virginia Primary

If Ron Paul was ever going to begin to convince the American people that he was a serious candidate for the Republican nomination for President, Virginia was his great opportunity.  The opportunity arose fortuitously because of the failure of candidates Rick Santorum and Newt Gingrich to muster enough petition signatures to get on the Virginia ballot and the fact that by the time of the primary on Super Tuesday (March 6), they and Paul and Mitt Romney were the only candidates remaining in the national race.  So it came down in Virginia, a conservative state, to a contest between Mitt Romney, the former governor of what is generally recognized as the most liberal state in the nation, and Ron Paul the widely acknowledged most conservative Congressman in Washington.

On top of that, there was no Democratic primary being held at the same time and registered Democrats and independents were free to participate in the primary.  In short, a registered Virginia voter of any stripe entering a polling place on March 6 was faced with a choice of either Romney or Paul.  Since there was no insurgent Democratic candidate for whom any antiwar Democrat might vote, and Romney is even more hawkish than Obama, Paul offered the only opportunity for such voters to register a protest.

To use an expression that has been greatly overused since Sebastian Junger chose it for the title of his book, Virginia represented a “perfect storm” for Paul.  And what did he do?  He did as close to nothing as he could possibly do and still call himself a candidate.  In fact, what little campaign he mounted seemed to be directed entirely toward testing the loyalty of his band of long-suffering followers.  Those followers—and those followers alone—were given what can only be described as a meager, pitiful show of a campaign while the general public, all those people out there thirsting for someone they can believe in and waiting to be wooed, weren’t even given that.

As a former Paul supporter and therefore regular Paul email recipient and a resident of Virginia’s Fairfax County, this writer had a ringside seat for the whole sorry spectacle.  If there was a campaign sign anywhere I never saw it, and if either candidate ran a single commercial on the airwaves I never heard it.  Paul did make one campaign appearance a week before the vote.  For all I know it was a secret to the general public because I saw no announcements and heard nothing about it in the press.  As a supposed supporter, I did get a number of emails telling me all about the big event and I even got a telephone call from the Paul campaign the day before.

Perhaps it’s just as well that there was no wider announcement of the Ron Paul rally.  It’s hard to imagine a worse place and time for  it.  Those of us who live around here know that the one place you want to avoid, especially around rush hour, is the infamous “Mixing Bowl,” the point in Springfield, Virginia, where the Washington Beltway, I-95, and numerous local roads all come together.  So here is the email I received from Ron Paul himself on February 27 with the subject, “See You Tomorrow?”



Ron Paul's campaign 'management' in 2008 and 2012 left/leaves a lot to be desired...What did the 'money bomb' contributors get for their efforts? Stalking horse from the beginning?


I'm beginning to wonder myself...

i-dog's picture

I said on here about 6 months ago -- upon seeing Ron Paul interviewed by Alex Jones and noting some Freudian slips -- that Ron Paul was not trying at all ... just going through the motions. I believe he is controlled opposition.

Disenchanted's picture

Well there's no doubt in my mind that unverifiable electronic voting(and the unverifiable electronic counting process of electronic votes) plays a role in Paul's disappointing showing as well...but when shooting oneself in the foot so often with poor campaign management decisions starts to develop a pattern it makes you wonder.

I said "stalking horse" previously, but could it maybe be a trojan horse(s) within the Paul campaign instead?

jwoop66's picture












Disenchanted's picture


Above I asked about the possibility of a trojan horse within the Paul campaign, this is the prime example that I had in mind. Bruce Fein.


The Greatest Plot Against the Ron Paul Camp To Date  (from August 2011)



Antipodeus's picture

Not as much as Bush's bullshit cost you'all ... yet.

Chuck Walla's picture

Frigging Flat Earthers! You disgust me.

spinone's picture

akak - my deepest sympaties for your loss.  I have come to the determination that the meaning of life is the interaction that we have with the world around us, and the time we spend with friends is the best time of all.  The loss of a good friend takes away a piece of your life too.  It hurts.  I know.

franzpick's picture

Where is the knowledge in all this financial information?

Where is the wisdom in all this financial knowledge?

In today's and recent equity and volume graphs, I see the message:  "Never Sell A Quiet Market After A Rise".

Ask how that worked for me in 1-2-3 weeks...



lewy14's picture

Green arrow for the T. S. Eliot reference.

akak's picture

Thank you Spinone --- I actually regretted mentioning the fact about my friend's death, as I do not like to delve into such personal matters here very often.  But it was a terrible shock, he having died in his sleep from no apparent cause and with no prior warnings whatsoever; his wife is still devastated, and I have been trying to console her as best I can.  It really puts one's daily problems into perspective, though, and makes one reevaluate one's life and one's priorities.

WonderDawg's picture

Sorry for your loss, akak. Losing a friend is a tough thing to go through, and I can only imagine his wife's grief. Without knowing his situation, this may or may not comfort you, but the guy died in his sleep, and in my mind, there is no better way to exit this world. My condolences.

akak's picture

Thank you kindly, WonderDawg.  And yes, he did go at least go peacefully. 

It has been hard for all involved, for myself as well as I had just lost another very close local friend in a similar manner just a couple of months ago.  I am now almost paranoid about when the ax is going to fall next, and on whom.  But at least I had gotten to spend two whole days with him and his wife just a week ago, and have very good memories of our last time together.

I appreciate the kind words. 

Prometheus418's picture

Sympathies, akak.

We lost two where I work in the past couple of months as well, equally unexpectedly.

There may be more, these things tend to run in streaks- just hold tight, and in a while, it'll all be just a memory.

As an aside, since this is Zerohedge, after all, I noticed a similar rash of unexpected deaths just prior to both the housing and dot-com collapses.  If this is as bad as it could be, and it could be bad indeed if this is the sovereign collapse, there could be far more funerals than usual in all of our immediate futures.  Take care that you are not one of them- stay out of hospitals, and keep getting up in the morning (yes, it is as simple as that, though most don't realize it.)

We need you in fighting form to keep hoisting the jolly rodger over the hedge.


akak's picture

That is a disturbing and sobering observation, Prometheus, and oddly enough you are correct --- there was actually another death in my not-so-large circle of friends and acquaintances about a month and a half ago, so that makes three in three months --- after having gone years with no friends or close relatives passing away. 

Perhaps this again is all just coincidence, but MANY people I know locally have been, very strangely, having ongoing sleeping problems over the last few weeks, myself included, with no prior history of the same.  Is this some kind of "sign", or precognitive disturbance?  The odds of all these people having the exact same problem seems very remote, yet there it is.

I appreciate your condolences, and you have mine as well.

Mitzibitzi's picture

Not that it matters, but...

I too have been having trouble sleeping the past 3 or 4 weeks. Generally speaking, I'm out like a light as soon as head meets pillow. Can't remember the last time I had sleep trouble, must be 3 or 4 years ago, easy. Has been troubling me a little, I must confess.

Sorry about your friend, akak. It's never easy to deal with, is it?

Hacked Economy's picture

I often find myself at odds with many of your posted comments, but for now...over something "real" and serious such as this...a truce and a moment of silence for your friend and his loved ones he left behind.  A reminder that Fight Club has its place, and we can slap each other around through our keyboards, but at the end of the day it's all about the relationships we form with the real people around us.  That's what matters.

akak's picture

Thank you Hacked.

And just in passing, let me say that I can not recall being particularly at odds with you here in the past --- but if you are with me, that is OK.  Monolithic unanimity would be boring.

RockyRacoon's picture

I'll add my condolences to the long list.   I agree that going quietly in sleep is the preferred way.  I just hope to live long enough to dispose of and enjoy my stash.   I'm not leaving anything to anyone that I can't liquidate and "spend" first.   All my family is well-off enough that they don't need my meager holdings. 

akak's picture

Thanks Rocky.

I did not in any way mean to start a pity-fest here, and I am glad that nobody (apparently) has taken it as such.  I very rarely ever come out in this forum with such personal comments, as you probably are aware, but I accept your sentiments and those of others above with a warm heart.

Good to see you around, by the way.

I hope you do get your chance to fully capitalize on your stash in the years ahead --- my friend was living for and looking forward to so much in life, and now has lost it all.

CrazyCooter's picture

Naw, I have seen much better from MDB than this ... although RoboTrader is MIA ... I mean, he could be telling us about his BAC position ...

Oh, wait ... bad visual ...

Scratch that!



spanish inquisition's picture

Occasionally. I feel a little nostalgic for the wisdom of Phil Gramm...

MsCreant's picture

Phil was AWESOME!!

And Benjamin Dover...

DeadFred's picture

Every Locke needs a good Demosthenes.

AC_Doctor's picture

MillionDufusBoner, you and your predecessors' archaic Socialism-Liberalism thinking of the past 80+ years have put our system back over $200.  You will soon feel the pain of change.

RobertMugabe's picture

Is it to much to ask that if your going to rant, at least make it coherent?

"MillionDufusBoner" Are you eight years old? IActually, I know a few eight year olds who are wittier than this. This was pathetic

"You will soon feel the pain of change." ??? This is just sad and off-putting...

I'm giving you a +1 for having posted the single most useless comment i've read tonight. Keep it up dumbass!


Zero Govt's picture

@ MillionDollar : "libertarians are far more susceptible to this type of bubble mentality because."

Quicky Survey: where are thr biggest bubbles right now?

a). Govt debt

b). Fed debt

c) banking debt

d) derivatives debt

e). Muni debt

see a single "libertarian" amongst that lot of Govt crones and bankers? ..your kind of people, Timmay & Co, all bubbles on the brain

Dixie Rect's picture

Heh-heh, Million Dollar Boner, funny little creature, ain't he?

CvlDobd's picture

MDB, Now that's more liike it!

MeelionDollerBogus's picture

How do you figure gold & silver are a game, and how do you figure it's "up"?

Gold can't go down while interest rates are zero. Historically, gold in the face of fiat paper only goes up in fiat units while fiat is increasing in supply, and fiat can't decrease in supply until a deflationary force like high rates (10% to 20%) are in place (see Volcker). We all know this.

No one should be a gold bug, silver bug, oil bug or land bug or whatever.  Just have what you need. Stores demand paper money or electronic copies so have some. Gold & silver are long-term disaster-resistant stores of value that rapidly grow in purchasing power with today's real negative interest rates so have some. That's not being a "bug" that's being a brain.

Gold isn't in a bubble. Bonds are in a bubble.

The government needs to BE disciplined - it's stealing & murdering illegally, covering it up & attacking lawful citizens who try to bring the truth to light to bring the guilty to trial with evidence.

We didn't tolerate "only following orders" for Nuremburg. We won't tolerate it now for Bush, Obama or whoever will follow in those footsteps, and will not tolerate it for any underlings.

We have no "eleceted leaders". Diebold & Goldman Sachs have seen to that. Vote fraud means there wasn't a real election. Besides which many dangerous parties in government haven't been elected even in a mock-election of any sort & are still wielding power. Look at Geithner. Who elected him? No one. Look at his power & corruption. It's sinister & damaging.

Surely, mini-B, you wouldn't defend Geither, would you?