StupidityAndGreed

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23 Comments

    • Wed Jul 2nd 18:28 PM | Rating: 0 0
      Commented on:
      Have the Financials Found Their Bottom?
      The vast majority of idiots still think this is a typical economic downturn. They simply don't recognize that, over time, the US stock market has evolved into nothing more than a massive pyramid scheme which is now in the process of collapsing. Enjoy the ride fools.
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    • Wed May 14th 19:46 PM | Rating: 0 0
      Commented on:
      1990 All Over Again?
      The greed, as people people smack their lips and wring their hands in anticipation of the next "house of cards" bull market, is palpable. You've got to admire the sheer magnitude of feat as CNBC (and others) parade an never ending stream of "experts" claiming that the credit crunch is over and the economy is ready to turn. It's pump and dump on a GRAND scale.
      My only problem is that, when this all comes home to roost and there is no longer any way to "spin" the facts, EVERYONE in the world will get dragged down by the greed and corruption of truth, rampant in the US.
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    • Thu May 1st 20:37 PM | Rating: 0 0
      Commented on:
      Macroeconomic Warning Goes Unheeded
      Mind boggling stupidity as the market gobbles up the "bottom is in" good news is a gargantuan understatement. No longer able to discern between spin and reality the entire country has lost it's bearing and hears only what it wants to hear.
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    • Wed Apr 30th 19:40 PM | Rating: 0 0
      Commented on:
      The Worst Is Over ... Again ... And Again ...
      BTW when I say the reporters at CNBC are "at risk" I mean that their livelihoods depend on a thriving stock market. They will do anything to keep this game going and have been blatantly biased in downplaying negatives and hyping anything remotely positive.
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    • Wed Apr 30th 19:19 PM | Rating: 0 0
      Commented on:
      The Worst Is Over ... Again ... And Again ...
      And he didn't even mention Citi's about face after claiming they didn't need capital. As for why attention hasn't been drawn to complete lack of credibility of these investment banks in the mainstream... it's obvious... The whole stock market system has degenerated into nothing more than a media driven shell game. Every one of the "reporters" at CNBC is at risk if the "truth" about the financial system, and hence the economy comes out.
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    • Thu Apr 10th 21:16 PM | Rating: 0 0
      Commented on:
      Fair Value Target for the S & P 500: 1420
      The idiots eager to stoke the next pyramid scheme bull market are stilling slamming their fists on the table and loudly proclaiming the "it's the bottom, pile in suckers".
      Stupidity and greed, not fear and greed.
      View article »
    • Mon Apr 7th 03:43 AM | Rating: 0 0
      Commented on:
      3 Reasons Why the U.S. Will Avoid a Recession: I'm Skeptical
      Oops, didn't notice that the author doesn't buy the 3 "reasons". Good call.
      View article »
    • Mon Apr 7th 03:41 AM | Rating: 0 0
      Commented on:
      3 Reasons Why the U.S. Will Avoid a Recession: I'm Skeptical
      What idiotic nonsense. The more aggressive people get as they bang the table and proclaim everything is OK the more obvious their panic becomes. Thou dost protest too much !
      View article »
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