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I guess he figures that why not let a friendly nation like Brazil pollute their waters, and in 5 years we can let them sell us oil for $150 per barrel. Friendly? A few misguided tweets could sure put an end to that real fast, but what the heck… “What’s $2 bil among friends, anyway?” Besides, why should we put more people back to work here and cost taxpayers nothing, when we can piss away all that money creating jobs in another hemisphere! Sounds like a plan… doesn’t it?
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apppro’s take for 03/21/2011 @ 07:30 am EST:
“Well, Duh!”
Bahrain foiled foreign conspiracy, king says - World news - Mideast/N. Africa - msnbc.com
And if you think that those very same foreign entities aren’t at work in Egypt and Jordan as well… then you need to go work in Washington or MSNBC, because you really don’t get it, either!
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apppro’s take for 03/20/2011 @ 12:30 pm EST:
“I Told You So!”
All you supposed political experts out there didn’t see this coming?
Libya: No-Fly Zone Takes Effect as Arab League Criticizes Coalition - ABC News
Arab League chief opposes Libya military strikes!
Why the heck does everyone keep listening to ultra-biased morons from MSNBC (among others) and the totally naďve idiots on ABC & CNN; all that want nothing but ratings via hysteria, anyway.
Maybe someone needs to send a few Tomahawks to take out the Armageddon promoting media! How’s that for NOT being insanely PC?
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apppro’s take for 03/17/2011 @ 07:30 am EST:
“Run For The Hills!”
Don’t you just love living in a country that runs from every long-time ally or disaster that may not serve our Hollywood, ultra-liberal driven government. Our President bashes the Japanese (like our banks) instead of trying to offer support and confidence.
U.S. breaks from Japan, expands evacuation zone near stricken reactors
In the meantime OUR media focuses ONLY on negativity and FEAR! It’s no wonder that what I wrote about last night didn’t happen sooner, or for that matter… more friendly governments haven’t fallen!
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apppro’s take for 03/16/2011 @ 08:30 pm EST:
“Tweets of Financial Destruction”
What happened today was a total disgrace! I’ve been screaming about market manipulation via ‘tweets by twits’, and today it was confirmed. A 250 point sell-off caused by a few greedy option traders/traitors! OK, many of you will scream that you don’t care, that you have no money in the market, and that if those jerks on Wall St. are screwing each other over – WELL, WHO CARES! Well, you damn better! If the disgrace of the 2008 financial crisis taught us anything it was that WHAT HAPPENS ON WALL ST. DOES EFFECT WHAT HAPPENS ON MAIN ST!
Just listen to these jerks on FastMoney. They are describing EXACTLY what I said would happen. And if THEY are bitching about it, then you better know that we ALL are then in VERY DEEP DOODOO!
Unusual Activity
When are we going to learn? What the hell are we doing? When are we going to scream to:
STOP THE INSANITY NOW!
And after you have stuck your head out the window screaming, try to listen to the joy of a couple of those very same traders/traitors over their winnings from everyone else’s misery!
Fast Money, March 16, 2011
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apppro’s take for 03/15/2011 @ 08:00 am EST:
Implement Golden Rule #4
AND ALL those anal_yst nega-pundits will come out of the woodwork saying, "See, I told you so!” Like they are the Mayans and predicted this! NO ONE should profit from this, especially those that were just plain lucky (so to speak) and were gambling on a true Armageddon!
Golden Rule #4:
4. Pass a Wind-Fall Capital Gains Tax of 65% on ALL short sales not directly tied to a long buy by a regulated hedge fund!
The 5 Golden Rules
1. Immediately, reinstate the Up-Tick Rule.
2. Crack down on naked short selling. Require stock certificate #'s when a short sale needs to be covered, including ETF’s.
3. Institute some rules on how the media ’reports’ news in order to prevent rumor-boarding. Not censorship… just sensibility & responsibility.
4. Pass a Wind-Fall Capital Gains Tax of 65% on ALL short sales not directly tied to a long buy by a regulated hedge fund!
5. Have ALL ETF’s trade on a 20-minute delayed basis. Get these instruments of mass destruction back to what they were supposed to do: mimic mutual funds.
- - - - - - - - - - - - - - - - -
Last Minute Add on:
If you add up the dates of these 2 great disasters – well the resulting date is a very eerie one.
09 11 2001
03 11 2011
12 22 2012
December 21 2012 Predictions – The 2012 End of The World ?
OK, off my 1 day, but still………….
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apppro’s take for 03/02/2011 @ 07:00 pm EST:
Economic Terrorism
EVERYONE MUST LISTEN TO THIS INTERVIEW! Finally someone else, besides me that is, is saying it: this economic upheaval was caused by deliberate naked shorting and manipulation of stock prices.
Financial Terrorism?
The only thing I didn’t hear was that mark-to-market was a root cause through abusive naked shorting, because the ‘up-tick rule’ had been abolished. BUT most importantly he missed that those economic terrorists were DOMESTICALLY GROWN AND SPONSORED… many became current day folk heroes like Bonnie & Clyde! Only this time they stole from everyone and kept it ALL for themselves.
After you’ve listened to the above and you’re just about ready to scream out the window, wait and listen to this horrid trader/traitor’s comments, which is exactly indicative of the current issues. You won’t want to scream out that window, but rather vomit!
"I don't care what direction oil goes in. I just want to put on the trade!"
Fast Money Final Call _______________________________________
apppro’s take for 03/02/2011 @ 08:00 am EST:
Excuse Dejure
What happened yesterday in the financial markets was an utter and total disgrace! THERE IS NO OIL SHORTAGE (excuse dejure) and to allow a small group of short-term option traders/traitors to trash our financial markets for their short-term gains has got to stop! “It’s the Mentality Stupid” and we must end the ‘Trader Decade’ remnants and cleanse our system of these glorified short sellers and their media bobbing-head pundits.
We must strike out of our culture the following 2 expressions:
“This is what makes a market!”, and
“Nothing goes up in a straight line!”
Maybe these 2 expressions had a meaning 10 years ago, but stocks haven’t traded on fundamentals for over a decade. Rumors and SkyNet have totally taken control!
What happened yesterday and the 165 point loss in the Dow has NOTHING to do with it either above misnomers,
but has everything to do with shorts and option traders/traitors trying to collect their gambling winnings!
STOP THE INSANITY NOW!
Revised Tax Rules:
1. Capital gains 5+ years* - 5% tax on capital gains
2. Capital gains 2 > 5 years* - 15% tax on capital gain
3. Capital gains 1 > 2 years* - 35% tax on capital gains
4. Capital gains 6 > 12 months - 45% tax on capital gains
5. Capital gains under <6 months - 55% tax on capital gains
6. Most critical of all — Institute a capital gains tax of 65% on ALL short sales not directly tied to a long buy by a regulated hedge fund.
*Anyone whose main source of ‘income’ (retired persons excluded) that comes directly from capital gains, should be taxed at never less than the 1>2 year 35% rate—no matter what the cg term length.
The 5 Golden Rules
1. Immediately, reinstate the Up-Tick Rule.
2. Crack down on naked short selling. Require stock certificate #'s when a short sale needs to be covered, including ETF’s.
3. Institute some rules on how the media ’reports’ news in order to prevent rumor-boarding. Not censorship… just sensibility & responsibility.
4. Pass a Wind-Fall Capital Gains Tax of 65% on ALL short sales not directly tied to a long buy by a regulated hedge fund!
5. Have ALL ETF’s trade on a 20-minute delayed basis. Get these instruments of mass destruction back to what they were supposed to do: mimic mutual funds.
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apppro’s take for 02/28/2011 @ 05:00 pm EST:
“Too Union To Fail” Revisited
You hear the President’s comment today on the “Too Union to Fail” controversy currently going on in Wisconsin?
Obama on Wisconsin: Obama speaks out on Wisconsin labor standoff - latimes.com
"I don't think it does anybody any good when public employees are denigrated or vilified or their rights are infringed upon," Obama said in televised remarks. "We need to attract the best and brightest to public service. These times demand it."
WOW! Sure would have been great if he had adopted this same tone and phrasing when he was busy bashing the banks over the past 2 years! Maybe if he had we might have gotten out of this current mess a whole lot faster. I truly believe his negativity and condemnation contributed to prolonging the financial crisis. If anything… it sure didn’t help!
In reference to what is happening in Wisconsin… wonder which Google exec is tweeting all those protestors there to break the law by camping out in the State’s Capital building? Hope the State’s National Guard units sit this one out just like their counterparts did in Cairo! All I know is that when union members pad their salaries with excessive overtime in the last year of service before retiring, just so that they can get a pension that is sometimes 200% more than their normal salaries… well you tell me how that should be dealt with? This practice is not as rare as you might think! You think personal greed is confined to Wall St.?
Pension Padding Homepage
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“Pull The Plug Now!”
Egypt turns off internet, Lieberman wants same option for US - Boing Boing
And I have one question for everyone:
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