CommentsDisplaying apu123's 10 most recent comments.

• Here‘s the Chart That Has One Finance Writer Feeling ’Something Is About to Happen’

  February 8, 2012 at 1:40pm

  In a nutshell, here is what is wrong with the market. 1) there have been no positive changes to our economy since the 2008/09 blowout. It has actually gotten worse, higher unemployment, more housing distress and much more debt. 2) Now we have the EU in worse shape, Greece is just the tip of the iceberg. Spain, Portugal, Italy, Ireland, Belgium, France and the UK are also ripe to go the way of Greece. The eastern European countries are also in bad shape. 3) The FED and the ECB working in tandem have printed so much money and distorted the world economic system to such an extent that markets no longer function rationally. Stocks keep going up even with bad news. 4) There are no markets any more, just rigged casinos where the central banks, HFT algos and crony capitalists take money from the few remaining retail investors. It is so bad that the bankster led advisory committee to the Treasury is now recommending negative interest bonds, so we can pay to have the honor of loaning the government money. How long until banks do the same thing with their deposits?

• Fitch Goes on a Downgrade Spree, 5 EU Nations Hit

  January 27, 2012 at 5:10pm

  The market barely moved to the downside when this was mentioned and the talking heads on CNBCialis have been pitching the idea that a Greek default will be bullish and spur a huge relief rally. Every bit of bad news has been ignored. Want to know why? Because every broker/dealer bankster and other financial con-artist is expecting further LTRO from the ECB and QE3 from the fed to the tune of trillions.

  Our GDP ex inventory stuffing for Christmas and government fluffed auto production was .5%, unemployment numbers have become a joke, revised up every week for the last 54 weeks, real estate is at its worst and we have more debt. What has changed since S&P 666 in March of 09? Nothing its worse but the market will rally while there is the rumor of all that cheap money produced by the FED and ECB.

• ‘Beat the Sh*t Out of Him!’: Video Shows Bully Beating Autistic Child as Peers Watch

  January 23, 2012 at 7:28pm

  The kid is autistic so he could have a problem with how he interprets and processes his sensory input which would make it hard in some cases for him to fight back. That being said the guy who hit him is a coward, I bet if the victim did fight back and land some hard shots that guy would be crying “hate crime” because the autistic kid hit him.

  It is a very sad statement about our country when kids beat up on the disabled, homeless, elderly and vets. Nice going pop culture.

• Morning Market Roundup: Citigroup and Wells Fargo Ignite Earnings, S&P Downgrades Center Stage

  January 17, 2012 at 11:45am

  There were a flurry of downgrades and the European and US stock markets are acting like its good news. Very odd that this would happen unless the elite know that there is going to be a huge LSAP QE3 coming from the the FED and a trillion euro LTRO operation coming from the ECB. With out those interventions being hinted at the market should be down. What has changed since the S&P was at 666 in 2009? Nothing! Unemployment is worse, the housing market is worse, the EU and Asia are worse and all are in a lot more debt. So having the market up all most to an all time high is very odd. Looks like they are pulling out all the stops for the upcoming election.

• Morning Market Roundup: Jobless Claims Jump, Coke’s Guilt

  January 12, 2012 at 11:44am

  I figured that the unemployment numbers were cooked. They don’t even use the raw number, they adjust the number of first time applications big time. The raw numbers are:
  W/E 12/3 523,642
  W/E 12/10 433,287
  W/E 12/17 418,466
  W/E 12/24 490,364
  W/E 12/31 535,112
  W/E 1/7 642,381
  I don’t know the methodology used to make the 100,000 or so first time apps disappear every week but it sure distorts the numbers.

  The whole financial system both here and in Europe, Japan and China is based on fudged numbers, manipulated bond auctions and hidden printing. I can not end well.

• Mitt Romney Sweeps New Hampshire Primary

  January 10, 2012 at 9:47pm

  More importantly where do the current GOP hopefuls stand on the new NDAA and upcoming SOPA bills? I know where Dr. Paul stands but not so much with the other candidates. Paul and Gingrich give thoughtful answers in debates, the but other guys might as well just yell “San Diemas High School Football Rules!” every time they get confused. They will get sliced and diced in a debate with Obama. Unfortunately I will have to vote for Romney because he will at least have to pay lip service to conservatism and move a little slower.

• New Pic Shows Aftermath of Man Tied to Chair by Cops and Pepper-Sprayed ‘Until He Died’

  December 23, 2011 at 2:35pm

  Soon to be a commonplace thing with the new detain and execute at will power a bi-partisan congress gave the executive branch. Get on the wrong side of government or fit any of the TSA’s new list of questionable activities, like voting Ron Paul, going to church, having some extra food on hand in case of an emergency and your on the list. But wait it gets better! Also the executive branch can decide to grab you, black bag you and send to to a foreign country for torture and nobody will be notified, you won‘t have a lawyer and you won’t have any legal protections. Welcome to the new USA. Why more people are not concerned about this mystifies me, but I think until Jersey Shore goes off the air and Burrito Supremes are not at Taco Bell nobody will care. At that point it will be too late.

• Market Recap: Housing Starts Initiate Rally, Dow Climbs Over 300 Points

  December 20, 2011 at 8:34pm

  In reply to hauschild.

  It’s not a joke, but a giant Ponzi scheme built on a house of cards backstopped by the taxpayers of countries that have a bit of fiscal sense.

• Market Recap: Housing Starts Initiate Rally, Dow Climbs Over 300 Points

  December 20, 2011 at 8:31pm

  In reply to Ironeagle.

  Tell me about it, it is a stage managed situation, the FED and other central banks come to the rescue any time a too big to fail bank/investment house or country is in trouble. The political distortion in the economy is tremendous, most rational investors have fled the market due to the whip-saw nature of the markets created by this.

  It is a house of cards sitting on a giant Ponzi scheme.

• Market Recap: Housing Starts Initiate Rally, Dow Climbs Over 300 Points

  December 20, 2011 at 7:16pm

  Two things were responsible for the rally, both of which should
  not have fueled anything. The housing starts data was up due to people
  building rental properties, if people are renting they are not buying
  out of the huge and growing inventory of foreclosed/short sale
  properties and reducing inventory. Not a good thing for home values or
  the economy. European strength was based off the ECB’s LTRO
  operation where the ECB loans all ready insolvent banks money to buy
  bonds from insolvent sovereigns at really low 3 year interest rates. It
  might get the yields down short term but the ECB has a bloated balance
  sheet and can not afford to to it for long. There has been some
  speculation that the FED is going to monetize EU debt to keep the game
  going for our to big to fail banks but its balance sheet is not exactly
  in the best shape. So now the US and German taxpayers get to bail out
  the southern tier of the EU so bankers can look down their noses at us
  and get their hefty bonuses. They may get their Santa rally if the
  government can leak and fudge its unemployment numbers on Thursday and
  the National Association of Realtors (who double counted sales in their
  statistics for 7 years) can cook up some good numbers. Basically you can see that when ever BofA gets in a pinch near or under $5 a share there is a big rally the next day based off some FED intervention or some fudged statistics that show strength. Makes you wonder how bad things really are at BofA.