You Better Protect Your Ass

Quote from Trvlwanderer:

Nothing you will be able to do about it my friend.
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Already have that boy mapped out. I know how to dodge his welfare games and redistribution BS. Bring it, Hussein.
 
Quote from PatrickQ:

thread reminds me, of the daily and monthly slow grind higher phenomenon as "we climb the Wall of Worry!"
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Delusional thinking becomes delusional acts and causes economic agony.
 
Quote from ByLoSellHi:

Intense economic deterioration like I've never seen it.
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. . . Like you've never seen it???

Tell me, how old are you?
Were you trading back in 1980-1982?
How about 1973-1974?
 
Quote from Landis82:

. . . Like you've never seen it???

Tell me, how old are you?
Were you trading back in 1980-1982?
How about 1973-1974?
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Hell no.

Trading in 1973 or even 1980??

You must be at least 55. That's not intended as an insult.
 
Quote from GermanTrader:

The masses are stupid and vote how they feel instead of what they know. They feel hurt over gas prices. They feel hurt we are still in Iraq. They don't care who it is, the masses will vote for anyone but a Republican this year.
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Who are these masses anyway? Wall Street assholes who fucked the Main Street? Plus, unlike Wall Street money whores, some people actually have bigger concerns when it comes to elections than just how their money will be affected by the outcome.

Gawd, what a fucking morons!
 
Quote from ByLoSellHi:

Intense economic deterioration like I've never seen it.

Optimism. Pessimism. Realism. You can only use one.

A brief purview of the latest economic data gives all indications that we are going to have one mofo of a recession or even worse.

Come All Ye' Pollyannish, and dispel the economic demons with visions of dancing Goldilocks. If you do it, try to inject some realism into your reasoning.

This is just a smattering of the intensely troubling headlines as I glance at TODAY'S Bloomberg (normally, this much bad news would be in a 6 month run):


•Manufacturing in U.S. Contracts Most Since 1982 as Credit Freeze Worsens

•Auto Sales in U.S. Plunge; October Was the Worst Month Since 1945, GM Says

•Treasury May Borrow Record $550 Billion; Primary Dealers See Growing Gap

•Banks Tighten Lending Standards Most on Record as Economic Outlook Dims

•Blue Mountain Capital Freezes Withdrawals From Its $3.1 Billion Hedge Fund

•Bankruptcy Filings in U.S. Top 100,000 a Month for First Time Since 2005

•Goldman Will Likely Post First Quarterly Loss, Merrill's Moszkowski Says

•Lehman `Good for Retirement' Notes Prove Worthless for `Livid' UBS Clients

•Bernanke Push for Lower Bank Borrowing Costs Drives Treasury Yields Higher

•India, China Increase Efforts to Cushion Their Economies From Global Slump

•Beaten-Down BRICs See No Relief Even as Record Rally Piques Equity Bulls

•Ebh Bank, Sydbank Desert Denmark's Athletes, Artists Amid Financial Crisis

•Brooklyn Heights $550 Million Waterfront Condo Shunned as Demand Dries Up

»Daimler to Cut Jobs at Alabama Auto Plant: Financial Times Link

And to add insult to injury, there's the Bloomberg Video assortment of monumental gloom:

Editors' Video Picks

Jim Rogers Says Markets May Go `A Lot Further Down'

Edmunds.com's Caldwell Sees `No Relief' for Automakers

Wachovia's Vitner Calls Manufacturing Data `Disturbing'

Lonski Sees Manufacturing in `Deep Recession,' Rate Cuts
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protect your ass and vote yes on prop 8
 
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