Berkeley CSUA MOTD:Entry 52677
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2022/01/17 [General] UID:1000 Activity:popular
1/17    

2009/3/5-13 [Politics/Domestic/HateGroups, Politics/Domestic/Election] UID:52677 Activity:kinda low
3/4     Good series of three posts from angry sysadmin:
        http://market-ticker.denninger.net
        \_ Geez, this guy makes Roubini seem like a flaming optimist.  His
           predictions are so dire and insane that they aren't even worth
           listening to.
           \_ It's an angry sysadmin.  Isn't that the definition of
              not worth listening to?  "Big cities are at risk of
              becoming a free-fire death zone."  I mean really?
              \_ let's take it from the opposite direction:  Which of his
                 predictions do you think will come true, if any?
                 \_ I think this guy makes the homeless man screaming
                    outside my window look downright hinged.
                    \_ please answer the question
                 \_ So when some crazy person is screaming about the cia
                    bugging his teeth do you give serious consideration to
                    his ideas as well?
                    \_ *shrug*, more power to you
                     \_ Free-fire death zones!  The government is going
                        to nationalize all 401ks!  30% unemployment!
                        Really?  Let me guess, you googled Ron Paul.
                 \_ why are you deleting responses to your idiocy?
           \_ I wonder what time frame he was thinking of.  BTW, this is very
              useful to me, since I will go down the list of predictions and
              say:  Yes, this will happen; this is possible, but x and y need
              to happen first; govt will take care of these in this order;
              signal w will happen before z.  I got a helluva lot out of it.
              If you want insane predictions, see: -op
              http://www.youtube.com/watch?v=9nJ7LM3iyNg
           \_ He neglects to consider the impact of the imminent collapse of
              Mexico.
              \_ Q. If Mexico collapses, should we take over?
                 \_ Only if a larg majority of Mexicans beg us to.  And even
                    then, perhaps we're better off not touching it with a
                    10ft pole.
2022/01/17 [General] UID:1000 Activity:popular
1/17    

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2008/4/11-16 [Politics/Domestic/Election] UID:49735 Activity:moderate
4/11    Did Obama just shoot himself in the foot? I am an Obama supporter,
        but this statement seems like a political mistake to me.
        http://www.csua.org/u/l9l (newsday)
        \_ Oh bullshit.  You are not an Obama supporter and everyone knows it.
           \_ No, I really am an Obama supporter. I even voted for him in
              the primaries.
	...
2008/4/9 [Politics/Domestic/HateGroups] UID:49696 Activity:nil
4/9     Oops, Obama's *oder* spiritual adviso' be also some racist
        anti-American. 'S coo', bro.
        http://www.youtube.com/watch?v=yM2M11BsA3g
        (Note da damn 'house-nigger' usage, 'typical honky man', etc.)
	...
2007/4/24-25 [Politics/Domestic/California, Politics/Domestic/HateGroups] UID:46427 Activity:high
4/23    "This guy had to be a liberal. You start railing against the rich and
        all this other -- this guy's a liberal. He was turned into a liberal
        somewhere along the line. So it's a liberal that committed this act.
        Now, the drive-bys will read on a website that I'm attacking
        liberalism by comparing this guy to them. That's exactly what they do
        every day, ladies and gentlemen. I'm just pointing out a fact. I am
	...
2007/4/20-24 [Politics/Foreign/Asia/China] UID:46386 Activity:nil
4/20    Offensive Chinese translation results in another stupid lawsuit.
        http://www.cnn.com/2007/WORLD/americas/04/19/canada.couch.ap/index.html
        \_ So what kind of dark shade of brown is "nigger brown"? They
           never explained it further in the article.
	...
2007/4/16-18 [Politics/Domestic/California, Recreation/Media] UID:46310 Activity:kinda low
4/16    Just a quick question for those who aren't upset about Imus being
        fired...If the two reverends who had gotten Imus fired were Robertson
        and Fallwell, and talked about "cleaning up the airwaves", would you be
        upset?  -emarkp
        \_ this isn't about "cleaning up the airwaves".  imus has said many
           horribly offensive things in the past.  so have many other radio
	...
2007/4/12-15 [Politics/Domestic, Politics/Domestic/HateGroups] UID:46276 Activity:nil
4/12    Anyone have a link to video of Olbermann becoming the next McCarthy?
        Or Sharpton doing the same?
        \_ Please give context, troll, thanks.
           \_ Last night on Olbermann, he called for Imus, Limbaugh, Savage,
              and others to be pulled off the air.
              \_ That's unfortunate.  Looks like Imus is gone.  I'd
	...
2007/4/13-15 [Politics/Domestic/HateGroups, Politics/Domestic/Election] UID:46290 Activity:high
4/13    Ha ha ha.  Last year, an Obama event was started by a group called
        "Nappy Roots"
        http://www.intheagora.com/archives/2007/04/nappy_roots.html
        \_ and of course, there's no difference between a black person
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             -tom
	...
2007/3/6-12 [Politics/Domestic/RepublicanMedia] UID:45890 Activity:high
3/5     "Are there any journalists at all interested in figuring out why
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        monument to indecency and all that is wretched in our political
        culture, what does it say about the political movement that has been
        running our country for the last six years (at least) that they
        embrace her so enthusiastically?"
	...
2006/11/1-2 [Politics/Domestic/Election] UID:45073 Activity:very high
11/01   http://www.cnn.com/2006/POLITICS/11/01/kerry.remarks/index.html
        John Kerry:  "I sincerely regret that my words were misinterpreted to
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        personally apologize to any service member, family member, or American
        who was offended"
        \_ Too little, too late, damage done.  Even the original joke was
	...
2005/2/3 [Politics/Domestic/President/Bush, Politics/Domestic/Election] UID:36050 Activity:very high
2/3     Obama for Pres.
        \_ Obama lin Saden!
        \_ Obama for Pres... in 20 years.
        \_ Seriously guys, he only just got in the Senate.  Let him
           actually do something before you make him a saint.
           \_ Saint, schmaint. I just want a Pres.
	...
2013/6/13-8/13 [Politics/Foreign/Asia/China, Politics/Foreign/MiddleEast] UID:54693 Activity:nil
6/13    NSA NSA NSA!!!
        http://www.businessinsider.com/nsa-prism-keywords-for-domestic-spying-2013-6
        \_ I am shocked, *SHOCKED* that the NSA spies on foreign and US
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           \_ Most people seem to have been surprised by this.
	...
2013/3/16-5/10 [Politics/Domestic/Election] UID:54629 Activity:nil
3/16    Obama has lowered overall per-capita government spending:
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	...
2013/2/18-3/26 [Politics/Domestic/Election, Politics/Domestic/SIG] UID:54608 Activity:nil
2/18    F U NRA:
        http://preview.tinyurl.com/auazy6g (Sandy Hook Truthers)
        \_ http://preview.tinyurl.com/bqreg8d
           This shit makes me weep for America.
        \_ I didn't see any mention of the NRA on that page.  Did you mean "FU
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	...
2012/11/6-12/18 [Politics/Domestic/California, Politics/Domestic/Election] UID:54524 Activity:nil
11/6    Four more years!
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           \_ Can't argue with that.
        \_ Massachusetts went for Obama even though Mitt Romney was its
	...
2012/12/5-18 [Politics/Domestic/Election] UID:54548 Activity:nil
12/5    Romney is right after all -- our military does need more horses and
        bayonets!  http://www.csua.org/u/y3j  Romney for 2012!
        \_ I'd never considered Romney's campaign as an ad for Revolution,
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        \_ The tax cut removal is ill timed.
        \_ holy crap. This is scary. US troops are most vulnerable as it is
	...
2012/10/16-12/4 [Politics/Domestic/Election] UID:54502 Activity:nil
10/16   Cheat sheet for those who plan to watch tonight's debate:
        "What Romney and Obama will say at the debate, and what's the truth"
        http://www.csua.org/u/xz8 (news.yahoo.com)
        \_ http://bindersfullofwomen.tumblr.com
           Pretty much all you need to know.
        \_ http://www.bonkersworld.net/top-donors
	...
2012/10/19-12/4 [Politics/Domestic/Election] UID:54508 Activity:nil
10/19   Obama had Solyndra LLC, and now Roomey has Renewable Energy Development
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	...
2012/10/19-12/4 [Politics/Domestic/HateGroups, Politics/Domestic/Election] UID:54509 Activity:nil
10/19   Do you think Obama will have to send in troops to put down rioting
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        \_ south = stupid
	...
2012/10/22-12/4 [Politics/Domestic/California, Politics/Domestic/Election] UID:54511 Activity:nil
10/22   "Romney Family Investment Ties To Voting Machine Company That Could
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2012/10/23-12/4 [Politics/Domestic/Election] UID:54512 Activity:nil
10/23   "Obama takes aim at Romney on naval readiness: 'We also have fewer
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2012/10/25-12/4 [Politics/Domestic/Election] UID:54514 Activity:nil
10/25   Palin accuses Obama of "shuck and jive shtick"
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	...
2012/10/30-12/4 [Politics/Domestic/Election] UID:54517 Activity:nil
10/30   "One of Mitt Romney's biggest supporters, New Jersey Gov. Chris
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market-ticker.denninger.net
Credit Bubble Stocks Monday, March 17, 2008 Boooooooooooooommmmmm! CNBC started running their Asia coverage last night as the markets pretty much literally fell apart. For once, Americans got to hear some truth - from people not in America. Specifically, claims that "its all the shorts fault", and "The Fed could actually make money on the BSC backstop", along with all sorts of other nonsense. And I might - just might - find a lucky shamrock and some fair Irish Maiden may suddenly appear next to me this evening and ravish me all night long. Of course it is far more likely that this will happen in my dreams..... Can I just watch Asian and European CNBC coverage all the time? At least they tell the truth some of the time, instead of being a cheerleading squad herding Joe Six Pack straight towards the cliff, below which there is...... Exciting, dangerous, and for some (myself included) insanely profitable. Not my best day ever in the futures, but in the top 5 - and it was the overnight session. I quit chasing it around 10:00 PM as the odds of yet another "surprise" started to go up to unacceptable levels. The Fed is out lying again too, although yesterday they were playing the part of Bully instead. Never mind that the right move was clearly to let Bear go down. But that would expose the truth - there are trillions of dollars in interlocked derivatives, none of which have been marked to anything but dreams and lies, and were they to be forced to actually have to be paid off via specific performance the dominoes would begin to fall. The final "washout" will eventually come, and by delaying this day The Fed is in fact doing much damage to our economy and nation. They "sticksaved" with the surprise "Burn the Shorts" OpEx morning discount cut. In point of fact none of these "sticksaves" will solve the problem because the problem is that there is no truth in the balance sheets of these financial institutions and until there is, we will not find the bottom, nor be at the end of this mess. As I have repeatedly said we can do this the difficult way or the easy way. The easy way is for The Fed and regulators to force all these banks to mark their "assets" to the market and eat whatever may come, take all off-balance sheet games back onto the balance sheet, and clean house. The difficult way is for confidence to continue to evaporate and these "bank runs" - what dumped Bear Stearns into the Hudson - will continue, firm by firm, until we find out the hard way. The problem with "The Hard Way" is that if The Fed and regulators choose this path we could literally see most of our large financial institutions taken to the woodshed and cleaned out just as Bear was, because there is no reason for investors and creditors to trust people when they have reason to believe they are lying! A warning to those who think this is a "buying opportunity" - what happened to Bear Stearns could quite easily extend to virtually EVERY SINGLE MAJOR INVESTMENT AND NATIONAL BANK WITH "MARK TO MODEL" AND "MARK TO LIE" EXPOSURES. This is precisely why what The Fed has been doing since AUGUST is foolhardy and ultimately self-destructive to its own balance sheet. Had Bernanke stood up in AUGUST and told The Street that he was NOT going to keep providing whiskey to the drunks having DTs until they DETOXED we would have had a huge washout in the equity markets back then, but we would know where the bodies are and confidence would be orders of magnitude higher than it is now. The Fed now has hard proof that their strategy - that is, every time the market starts to collapse there is some sort of "sticksave" intervention, rather than addressing the root cause of the problem, has FAILED. It CANNOT SUCCEED because the fact of the matter is that this is not about liquidity. It is about solvency and LIES, which The Fed is ENABLING, just like a drunk's spouse continues to enable the boozing by refilling the fridge with beer whenever it gets empty! You'd think that "Mr Student Of The Depression" would know that the root cause of The Depression was precisely this - that people lost confidence in the system and simply said "no mas!" Once those with REAL MONEY - not credit - decided they were not going to lend until they knew where the bodies were the bankruptcies began and continued relentlessly until everyone who might have gone broke actually did! The reason is simple - the question is capitalization - NOT LIQUIDITY. Without KNOWING what the VALUE is of these "things" are which are on bank balance sheets there is no way to know what sort of capitalization a bank or other institution actually has! And since Bear Stearns has now proven to either not known itself or lied just three days before they blew up, until we get clarity nobody is going to believe anyone else's pronouncements about THEIR capitalization! Congress should step in and exercise its lawful right to force The Fed and regulators to do the right thing here and now, but it won't until and unless you, and hundreds of thousands of people like you, step up and start hollering loudly at our lawmakers. I have written three separate petitions on this matter and spent a couple of thousand bucks faxing lawmakers. But this is more than just about you - your 401k, your IRA, your retirement, never mind that they're all going to go straight in the toilet. to our government, as is already becoming apparent via failed treasury auctions, our government's ability to spend beyond its means - $400 billion worth in the current fiscal year - will instantly evaporate. It is also about your children and grandchildren, and what is likely to be served up upon them as a direct and proximate result of apathy by those who can speak up and stop the madness. To put this in perspective there is roughly $8 trillion in national debt that requires service every year. If the cost of that funding is 5% a year the cost is $400 billion. Should foreign investors continue to flee that cost could more than double, instantly wiping out the ability to fund 15% of The Federal Budget - for instance, all of Medicare's funding ability could disappear overnight. Or even better, spend $500 and go out to Washington DC, or to a campaign event, and tell all of them up front that this issue must be addressed right now, not after the election. We absolutely must force transparency into our financial system - today. Get the "stagflation" or "hyperinflation" nonsense being paraded about by many "pundits" out of your noodle right now. We are in the middle of a huge deleveraging and all of the excess credit that has been created over the last 10 years is disappearing in a poof of electrons. That is the definition of DEFLATION and The Fed is powerless to stop it so long as they continue to allow the lying and obfuscation to continue. If not, I hope you like living in this sort of fashion, because its coming - for a second time, and for the same reasons it happened the first time - to a town near you. Links to this post Over 30,000 unique visitors have read the ticker in the last 30 days. Legal Disclaimer: The content on this site is provided without any warranty, express or implied. All opinions expressed on this site are those of the author and may contain errors or omissions. NO MATERIAL HERE CONSTITUTES "INVESTMENT ADVICE" NOR IS IT A RECOMMENDATION TO BUY OR SELL ANY FINANICAL INSTRUMENT, INCLUDING BUT NOT LIMITED TO STOCKS, OPTIONS, BONDS OR FUTURES. The author may have a position in any company or security mentioned herein. Actions you undertake as a consequence of any analysis, opinion or advertisement on this site are your sole responsibility.
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www.youtube.com/watch?v=9nJ7LM3iyNg
In 2009 were going to see the worst economic collapse ever, the Greatest Depression, says Gerald Celente, US trend forecaster. He believes its going to be very violent in the US, including there being a tax revolt. Marked as spam Reply Yea FUCK the economy Obama you dumb fucking nigger. lets fly to Canada and hold meetings on global warming while 36 nigger caucas members waste tax payer dollars because they have to retrace MLK's steps in India. you fucking liberals discust me and Obama, Pelosi, and all those fucks should be hung in Times Square after being stoned to death! They are trying to get shit in order before it happens, but the things the do to accomplish that are making the matter worse at the same time. Marked as spam Reply He makes sense to me, but it's hard to believe that some folks on the Obama team are not aware of where things are headed. Marked as spam Reply I'm glad to see others are preparing as well, but its kinda sad how people don't know how important it is to buy gold right now. The dollar will be worthless soon and gold has always been a means of barter throughout history.