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Thank God it's Friday


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#16 mdporter

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Posted 28 August 2009 - 09:17 PM

jickiss is back!



jickiss is back!


and

Dear mdporter,

ohmigod! you do like Old Fashioned ATM machines, don't you?

:rolleyes:


Interest rates on savings accounts were alot better when banks closed at 3:00pm on a weekday and there were no ATM machines at all.

I am so sick and tired of reading about all the people who benefitted from the fraudulent loans then cry like little babies when it all crashed in on them. Boo Effing Hoo. I pay my taxes and they can damn well pay theirs too.
The men the American people admire most extravagantly are the most daring liars, the men they detest most violently are those who try to tell them the truth. -- H.L. Mencken

"Only a man who knows what it is like to be defeated can ... come up with the extra ounce of power it takes to win." - Muhammad Ali

"When plunder has become a way of life for a group of men living together in society, they create for themselves in the course of time a legal system that authorizes it and a moral code that glorifies it." -- Claude Frédéric Bastiat

#17 shorty

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Posted 28 August 2009 - 09:46 PM

taxpayers a.k.a. taxrapees are the biggest Losers of all time

they are the hosts for all the parasites

CA just took away $200 per child of tax credit (without asking the taxrapees of course)

the feds handed out $250 per Social Suckyerity reamcipient fer "stimulus" (without asking the taxrapees of course)

in NYC the gov't handed out $millions in stimulus $caSSh, $200 tax-free per child ONLY to food stamp reamcipients (without asking the taxrapees of course)

in CA they stealth-jacked the rate tables this year (without asking the taxrapees of course)

the hits just keep on comin'

with all the handouts and rob-thy-neighbor angles running out of control, if you actually work honestly fer a livin' on W-2 you are one dumb schmuck and that's a fact

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Tiger's Wood, Anthony's Weiner, Barney's Frank, Herman's Cain, Harry's Reid, Elliot's Spitzer
 


#18 shorty

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Posted 28 August 2009 - 09:54 PM

Banks Hiding Tsunami of Foreclosures

“I believe we are about to see a tsunami of foreclosures in the U.S. A lot of homes have been held back because if the banks are foreclosing on them they will have to do a writedown on the mrotgouges they have on their balance (sheets),” Karsbol told CNBC.

More homoaners may be faced with no choice and will just stop paying their mrotgouges, he warns.

Soon homoaners may be looking around their neighborhoods and realizing that their neighbors have opted to stop paying their mrotgouges and are living scot free, he said.

“The fact that many homoaners are allowed to stay in their houses without paying on their mrotgouges begs the question: Why should you pay on your mrotgouge when your neighbor doesn’t?" Karsbol said.

Cynical Pontificator of Crock Stocktology

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#19 shorty

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Posted 28 August 2009 - 10:07 PM

Dow CONponent MCD has broken down

Attached Images

  • tempm.png

Cynical Pontificator of Crock Stocktology

Tiger's Wood, Anthony's Weiner, Barney's Frank, Herman's Cain, Harry's Reid, Elliot's Spitzer
 


#20 shorty

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Posted 28 August 2009 - 10:12 PM

target 31

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  • tempm.png

Cynical Pontificator of Crock Stocktology

Tiger's Wood, Anthony's Weiner, Barney's Frank, Herman's Cain, Harry's Reid, Elliot's Spitzer
 


#21 cwd

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Posted 28 August 2009 - 10:22 PM

Can I have my money back please ?


MarketWatch

http://online.wsj.co...1701267563.html

If this is true, does Cerberus still have enough cash to pay everyone back ?



I wonder what kind of lockup they have. It might be a long wait to find out there is nothing left. :lol:

#22 cwd

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Posted 28 August 2009 - 10:33 PM

Dow CONponent MCD has broken down


Only things that are BK with phony earnings are going up. :lol:

#23 cwd

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Posted 28 August 2009 - 10:37 PM

In the if it is Friday category, we have three failures for a loss of about 430 mil. Is that a lot? ;)

Friday, August 28, 2009
Bank Failure #84: Affinity Bank, Ventura, California
by CalculatedRisk on 8/28/2009 09:19:00 PM
From the FDIC: Pacific Western Bank, San Diego, California, Assumes All of the Deposits of Affinity Bank, Ventura, California


Affinity Bank, Ventura, California, was closed today by the California Department of Financial Institutions, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. ...

As of July 10, 2009, Affinity Bank had total assets of $1 billion and total deposits of approximately $922 million. ...

The FDIC and Pacific Western Bank entered into a loss-share transaction on approximately $934 million of Affinity Bank's assets. ...

The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $254 million. ... Affinity Bank is the 84th FDIC-insured institution to fail in the nation this year, and the ninth in California. The last FDIC-insured institution closed in the state was Vineyard Bank, National Association, Rancho Cucamonga, on July 17, 2009.

CR

#24 Brick Stoolhouse

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Posted 28 August 2009 - 11:07 PM

In the if it is Friday category, we have three failures for a loss of about 430 mil. Is that a lot? ;)

Friday, August 28, 2009
Bank Failure #84: Affinity Bank, Ventura, California
by CalculatedRisk on 8/28/2009 09:19:00 PM
From the FDIC: Pacific Western Bank, San Diego, California, Assumes All of the Deposits of Affinity Bank, Ventura, California


Affinity Bank, Ventura, California, was closed today by the California Department of Financial Institutions, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. ...

As of July 10, 2009, Affinity Bank had total assets of $1 billion and total deposits of approximately $922 million. ...

The FDIC and Pacific Western Bank entered into a loss-share transaction on approximately $934 million of Affinity Bank's assets. ...

The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $254 million. ... Affinity Bank is the 84th FDIC-insured institution to fail in the nation this year, and the ninth in California. The last FDIC-insured institution closed in the state was Vineyard Bank, National Association, Rancho Cucamonga, on July 17, 2009.

CR

CNBS is spinning it as bullish because they thought
4 banks would go under. They are touting the number
as "better than expected"
“A million seconds is 11.5 days. A billion seconds is about 32 years. A trillion seconds is 32,000 years."

#25 Charmin

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Posted 28 August 2009 - 11:16 PM

Shorty this chart of the Dow is for you. Let's just say that point of recognitions probably come with at least three 6's. But I decided to put my horizontal lines at:

6666.66
9666.66

http://www.StockShar..._1251515648.png
Cycles + Wyckoff + NTM = TechnoPile
A true Master averts disaster

#26 Goldmember

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Posted 29 August 2009 - 12:54 AM

Long-term view of the nasty 100. Price currently near the purple downtrend line. It may be significant or could mean absolutely nothing as have most downtrend lines recently.



Log, Linear...tomato, tomatto...

...just sayin' :o :huh: :mellow:

Object 1: An healthy organic tomato...nourished by stool.

Object 2: A genetically modified, drought resistant, disease resistant, pest resistant Hosanto Franken-Tomato...with enhanced bear repellant, requiring frequent large quantities of chemical fertilizer FEEDing,

...now if we only knew which was which? :unsure:

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  • NDX_100_Aug_28_09.png

Anthony caused pearls to be dissolved in wine to drink the health of Cleopatra; Sir Richard Whittington was as foolishly magnificent in an entertainment to King Henry V; and Sir Thomas Gresham drank a diamond, dissolved in wine, to the health of Queen Elizabeth, when she opened the Royal Exchange; but the breakfast of this roguish Dutchman was as splendid as either. He had an advantage, too, over his wasteful predecessors: their gems did not improve the taste or the wholesomeness of their wine, while his tulip was quite delicious with his red herring.here

#27 mdporter

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Posted 29 August 2009 - 01:23 AM

with all the handouts and rob-thy-neighbor angles running out of control, if you actually work honestly fer a livin' on W-2 you are one dumb schmuck and that's a fact


Yup, I'm a moron douchebag for werkin' in the private sector an' payin' my taxes every year.
The men the American people admire most extravagantly are the most daring liars, the men they detest most violently are those who try to tell them the truth. -- H.L. Mencken

"Only a man who knows what it is like to be defeated can ... come up with the extra ounce of power it takes to win." - Muhammad Ali

"When plunder has become a way of life for a group of men living together in society, they create for themselves in the course of time a legal system that authorizes it and a moral code that glorifies it." -- Claude Frédéric Bastiat

#28 byhiselo

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Posted 29 August 2009 - 01:55 AM

three cheers for edward kennedy...last scion of a great and tragic family, i'd say the greatest american family of the last century...you could not help but like them...

and if you disagree, thats your right...cheers

#29 byhiselo

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Posted 29 August 2009 - 02:12 AM

universal health care will be good for the US stock market in the longer-term...personal expenditures going to the bottom line of insurance and pharma companies will be redirected to food, clothing, housing, transportation, leisure, etc...think about it...decent, affordable health care is a right not a privilege unless you live in most of africa, asia, south america...and parts of north america

i have conviction that the failure to pass such legislation, despite the money being thrown at both parties otherwise (congress by and large know who their masters are, and its not we the people), will hamper and likely cripple any longer-term economic recovery...cheers and...

#30 byhiselo

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Posted 29 August 2009 - 02:56 AM

Yup, I'm a moron douchebag for werkin' in the private sector an' payin' my taxes every year.


touche et touche plus...everyone with gobberment jobs...avarice and war and plunder forever...a 7th century ideal if you like ...1 in 7 jobs in usa are federal/state/municipal...factor in the business that depends on these "free market" enterprises and you have 1/4 to 1/3 of the economy feeding off the rest...private sector firing and public sector hiring...same as it ever was...why can't we all work in the public sector with pension and benefits to die for?...oh wait, thats a hardship position that requires long hours, excellence and and an unwavering commitment to customer service...higher taxes? hell yea, same bucket so whats the problem?...only the best and brightest and productive need apply...freedom fries, without french assistance..no american revolution





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