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    Confidence Game

    Nearly the entire playbook of the fed reserve is to try and spread the word that confidence is returning to consumers and small businesses. Recent evidence and events clearly indicate this is a bald faced lie. Hell, even the fed's Yellen is parroting the confidence line tonight, even as...
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    Does Mandelbrotset trade?

    54% are voting he doesn't trade, which MBS admits. I don't get your point. MBS can take care of himself. I just wanted to dress you down for starting a thread about an individual member on a token issue, apparently because he said something to hurt your feelings or whatever. I won't be...
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    Does Mandelbrotset trade?

    MBS has more brains than 99.9% of the bat guano-brained slobberfaces here. He probably has more wealth than 99.99%, also. What a spiteful, petty, jab that you took, spinn - but you're probably just another incarnation of Port or stock_turdmeist3r. P.S. - Is the rumor true? Is Rennick...
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    Port1385--Posterboy for ET's demise

    Dr. Zhifaga is another sorry ass excuse of a thing.
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    Budget crisis: Is California too big to fail?

    Missed? Do you mean I would have gotten back maybe 20% net of my losses had I been invested before the meltdown and crash? We'll see what I'VE MISSED at the end of the day, sparky. Oh, that's right - you're going to time everything perfectly and be up 10,000%, capturing each down and up...
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    Budget crisis: Is California too big to fail?

    California should nuke the San Andreas fault line, causing continental separation, and slip away all quiet like, into the night ocean, like deadbeat renters do at 2 in the morning. That's how they'll beat this 'debt crisis.'
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    Sears to Let Those Who Lose Jobs Stop Payments & Still Keep Appliances

    The 'Sears is angling for a bailout' comment you made is honestly the very first thing I though when I read this article. I would tell Sears to shove those appliances and come to grips with the fact that young couples and even the upper middle class are buying washers and driers only when...
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    •Schnitzer Steel Falls Most in Three Months as Price Decline Leads to Loss

    China and others not so hungry now? Hmmm. Green sh*t? http://www.bloomberg.com/apps/news?pid=20601087&sid=auqLj5L.kC_c •Schnitzer Steel Falls Most in Three Months as Price Decline Leads to Loss Schnitzer Falls Most in Three Months After Posting Net Loss Share | Email | Print |...
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    •Home-Loan Delinquencies Double on Least-Risky Mortgages, U.S. Report Says

    Take it to your (insolvent) bank that the real numbers are at least an ass crack and a half worse than officially reported ones. And we're talking plumber's crack, too.
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    The 2nd Great Depression - History never repeats...

    Credit bubble collapse, 70 trillion global real estate bubble collapse, markedly rising unemployment, foreclosure rates and consumer default rates definitely accelerating, banks in pitiful shape (living off the gov't), industry in pitiful shape (living off the gov't), and a consumer who has...
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    •Home-Loan Delinquencies Double on Least-Risky Mortgages, U.S. Report Says

    Green shits...errr..shoots. I said exactly 5 weeks ago mortgage defaults would ramp up dramatically, and on prime loans. It's begun. This says two very disturbing things: The U.S. can't help, and probably has hurt, the mortgage default rate, with its counterproductive mortgage delinquency...
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    •Stocks in U.S. Fall on Mortgage Delinquencies, Consumer Confidence Slump

    SO much for Green Shoots. The band aid will come off now, and Bernanke & Geithner aren't packing as they were frisked by Congress. No more ammo. Also, everyone was cheering when we had that job loss report of 'only' 370k or so two months ago, until last month's 630k loss kicked back in to...
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    Home-Price Declines in 20 U.S. Cities Eased in April

    This article has a headline that only Goebbel's could love. Prices fell 18%, and it pronounces moderating decline? Vullshit. It's getting worse. Just like the jobs - we had that blip of 'only' 300k jobs lost the one month, and then - boom....back up to over 630k again. Green...
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    Sears to Let Those Who Lose Jobs Stop Payments & Still Keep Appliances

    There's a new motto Bernake is considering instead of 'green shoots.' 'Free stuff.'
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    Luxury Jimmy Choo to make shoes affordable for everyone as recession bites deep

    Expect to see a lot of lower class beasties wearing Jimmy Choos with what Chris Rock calls their 'cankles' hanging out the sides of the shoes. Not a pleasant sight...
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    Will Jacksons doctors be jailed for murder?

    A good defense lawyer will crush any case any foolhardy prosecutor would dare attempt, regardless of the rights and wrongs.
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    China's banks are an accident waiting to happen

    Outstanding article.
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    High Wire Act Regarding Inflation-Deflation Choice

    IF ONE ASSUMES that central banks, including ours, can revive confidence and get people to start spending more freely again (something I have my extreme doubts about re the near and intermediate term given the extreme employment crisis and incredible overcapacity that exists not only in the...
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