Blinker's Quote Of The Day:
Oh How I Long For The Fraudulent Bulls**t Market Of The Clinton Years
Blinker's Quote Of The Day:
Those Bad News Bears Are Hot Air Balloon Pundits. Wait A Second, I'm A Hot Air Balloon Pundit
Blinker On the Election:
"It's A Hobson's Choice. " The Champion of Lost Causes Goes On To Say, "He'd Favor Two Of The Best" (Frauds) "Pols, Bill Bradley (corrupt n.j. fraud) and John mccain (fake war hero/fraud)".
Blinker Stops Short Of Pointing to the New Proposed Potential Fraud:
Defacto Bankrupt Social Security Investing in the Stock Market Which Would:
- Defeat the point of the program
- Generate wasteful transaction costs that are churned by the frauds on wall street
- Lead ultimately to taxpayer bail out when the frauds on wall street cash out their frothy, manipulated, bubble up market positions
- No Real Security at all
JOKE: Bob Brinker is a joke!
I was anxious to hear the spin that comes from a lack of true knowledge/understanding regarding securities valuation (he was late on the last downturn, but to his limited credit, better late than never as was so for others). Indeed, his explanation for the meltdown was China increasing their reserve requirements. In fact, the more astute analysis would reveal a substantial disparity in valuations between Shanghai and Hong Kong (owing to laws precluding China nationals from investing other than in the Shanghai market and the huge p/e ratios beyond rationality from leveraged speculation thereby and therein). Additionally, he displays lack of understanding in failing to point out the speculative source of borrowed funds in low rate Japan to leverage the purchase of u.s. securities, which positions were wiped out with rise of the yen (and Japanese interest rates by .25 to the still low .5). He is a pompous, pathetic a**hole!
JOKE: Bob 'Buy and Hold' Brinker is a joke!
I was anxious to hear the spin that comes from a lack of true knowledge/understanding regarding securities valuation following the march downward in stock prices (he was late on the last downturn). The fact is that he missed the very reason for wide market swing of over 600 points to the irrationally upside:
(1-23-08) Yes, there is a full
moon and the lunatic frauds on wall street act as one might expect: CRAZY.
Record $250 billion deficit (not counting yet to be announced so-called
stimulus package which won’t do anything to prevent the recession in u.s. that
already is); all news negative beyond expectations and hence not discounted;
BofA further dilutes falling earnings with new stock issue and rallies; Toyota
catches GM which rallies GM stock; World Economic Forum in Switzerland says
severe recession in u.s.; one analyst says that even as the DOW recently had
hit new highs in u.s. as measured in real money, ie., gold, foreign currencies,
etc., the DOW has actually fallen 70%, all of which foreign currencies are
stronger against the weak dollar which will continue to decline which creates
hyperinflation and exodus from same by global investors except those who are
picking up prime u.s. financial assets on the cheap owing to u.s. desperation
and greed (pay packages, compensation, etc.); DOW down over 300 points along
with comparable plunges in NASDAQ and S&P in light of reality that FEAR &
PANIC by the fed rate cuts and stimulus package will not succeed; currency
analyst says dollar going lower; respected analyst says he’s a bear in this
bear market; beyond the bull s**t/spin/fraud, it takes a Financial Editor for
the Financial Times (outside the fallen u.s.) to explain the reason for the 600
plus point swing as being a bail out package for the bond insurers/guarantors
which is short-lived irrational exuberance. Brinker also naively or stupidly regurgitates reported (and quite fraudulent) inflation numbers when actual inflation is substantially more.
Bob 'Buy and Hold' Brinker is a pathetic joke!