Best Santelli Rant in a while..

Martinghoul · Jul 15, 2013

Quote from Ricter:
You are not predicting QE will be the end of the world as we know it, therefore you are defending QE.

Good point... "You're either with us or against us" sorta phenomenon. I am unfortunately too old for this whole black/white thing. All I see these days are shades of gray (and yes, let the puns begin).

Maverick74 · Jul 15, 2013

Quote from Ricter:

You are not predicting QE will be the end of the world as we know it, therefore you are defending QE.

You obviously didn't read the part where Martin was pretty short the future of America. LOL. Maybe go back and re-read Ricter.

Maverick74 · Jul 15, 2013

Quote from Martinghoul:

Good point... "You're either with us or against us" sorta phenomenon. I am unfortunately too old for this whole black/white thing. All I see these days are shades of gray (and yes, let the puns begin).

Come on now, you were doing so well up to this point. I have to take some points off for that. :mad:

Ricter · Jul 15, 2013

Quote from Maverick74:

You obviously didn't read the part where Martin was pretty short the future of America. LOL. Maybe go back and re-read Ricter.

I think you better reread what he wrote, you're seeing what you want to see.

Maverick74 · Jul 15, 2013

Quote from Ricter:

I think you better reread what he wrote, you're seeing what you want to see.

Here you go comrade:

Quote from Martinghoul:

Listen, Maverick, I don't disagree with your points above.

I don't live in the US, so I can't exactly say that I feel your pain. Still, I visit and I know that American society has issues. Some of these issues are big. I don't want to live in America and I don't want my kids to live in America, because of these issues (and yes, I did have a choice at one point in the past). I think, in fact, American society is pretty f*cked up in many ways. I don't know what the future holds for the country and I hope it can overcome the various challenges it faces, but I can't be sure it will.

So I am in agreement with your sentiment and I can see your point. If this was Rick Santelli's message, I would have a very different response. However, Rick Santelli was talking about very specific current issues and my disagreement was with the particular things he said, rather than anything you say above.

Ricter · Jul 15, 2013

Quote from Maverick74:

Here you go comrade:

Yes, he expressed that sentiment twice. Which part leads you to believe he's sure (enough to short) America is doomed and QE is to blame?

Maverick74 · Jul 15, 2013

Quote from Ricter:

Yes, he expressed that sentiment twice. Which part leads you to believe he's sure (enough to short) America is doomed and QE is to blame?

I didn't say he was blaming QE, he's just not as bullish as you make him out to be. And he got short synthetically the day he decided not to move here.

Martinghoul · Jul 15, 2013

Quote from Maverick74:
Come on now, you were doing so well up to this point. I have to take some points off for that.

Well, there you go again being all condescending, Maverick... I have no idea what I was doing well at and what points you're gonna take off me. But, just so we're clear and on the same page, I am not a schoolboy, so I am not really sure why you feel the need to express approval (or lack thereof), as far as my views are concerned. If the above was meant in jest, I don't understand the humor, sorry.

At any rate, yes, like I said previously. I have a particular view where American society is concerned. I don't view myself as being synthetically short, more like flat. I think there's enormous challenges that America faces, but then I am also aware that it has enormous resources. What the future holds, I have no idea, but I am cautiously optimistic and like to treat the various issues at hand as "growing pains". All that said, I find certain specific aspects of life in the US simply unacceptable, which is the reason for my choice.

But all of the above is neither here nor there. The discussion I thought we were going to have (or were we?) was about my "defense" of QE and the Fed. My view, like I mentioned in my response to Ricter, is somewhat complicated.

Ricter · Jul 15, 2013

Quote from Maverick74:

I didn't say he was blaming QE, he's just not as bullish as you make him out to be. And he got short synthetically the day he decided not to move here.

Which part of my reply to him,

"you are not predicting QE will be the end of the world as we know it, therefore you are defending QE"

indicates I think he's "bullish"?

Maverick74 · Jul 15, 2013

Quote from Ricter:

Which part of my reply to him,

"you are not predicting QE will be the end of the world as we know it, therefore you are defending QE"

indicates I think he's "bullish"?

It was a useless statement on your part as neither myself or TT are claiming the end of the world is near. But then again, that seems to be your marquee.