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User Info Aren't Massages Supposed To Be Erotic? in forum [Ticker]
Genesis
Posts: 71435
Incept: 2007-06-26
A True American Patriot!
KD^2
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http://market-ticker.denninger.net/2008/....

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"The monetary base in ALL modern monetary systems is the sum of unencumbered assets against which one is both WILLING AND ABLE to borrow." - Me
2008-04-23 07:55:49
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Clarencebeeks
Posts: 1929
Incept: 2008-01-11
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I try not to be an ass-kisser, but I have to say that this Ticker was superb.

Very astute point about the competitive devaluation, which hasn't been going on.

Last modified: 2008-04-23 08:21:11 by clarencebeeks

2008-04-23 08:20:48
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Chassa
Posts: 896
Incept: 2008-01-09

Scotland
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Certainly can't see a 'happy ending' to these particular massages.
Thks G

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Congratulations [insert your country] Idol (and everyone who watches it), you succeeded in making everything suck.

(paraphrased) The Reformed Broker.
2008-04-23 08:22:40
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Pikachu
Posts: 5074
Incept: 2007-08-24

Down under
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agree with the competitive devaluation - BTW RBA Aus said they will have to raise rates AGAIN (this shot the aud north to 0.95) because of inflation



2008-04-23 08:23:35
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Rrasmuss
Posts: 363
Incept: 2007-12-22

HHH WA
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Gen, That's Sam Hill, not Hell (a local Pigman who gave rise to the phrase in the early 1900's)

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Work is the curse of the Drinking Class
Invest in the Millennium, plant a Sequoia
2008-04-23 08:32:52
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Rigger
Posts: 45
Incept: 2008-04-07
United Kingdom
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every day I come and look for the ticker,I just sit there reading thinking

'Oh dear!'


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Oh Dear!
2008-04-23 08:56:40
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Av8rphil
Posts: 1817
Incept: 2007-06-26

Platte City, MO
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Quote:
Our nation's businesses and our government will report only the truth with trick or scheme, and those who fail to do so will be held accountable to the fullest extent of the law."


Shouldn't that be "without trick..."?

Great ticker!

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"Two things in life are infinite: the universe and human stupidity; and i'm not sure about the universe" -Einstein
2008-04-23 10:35:10
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Genesis
Posts: 71435
Incept: 2007-06-26
A True American Patriot!
KD^2
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Fixed.... thanks.

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"The monetary base in ALL modern monetary systems is the sum of unencumbered assets against which one is both WILLING AND ABLE to borrow." - Me
2008-04-23 10:44:40
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Interested
Posts: 2689
Incept: 2007-10-07

SC
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Karl, Yahoo did not raise revenue guidance. This is because guidance excludes TAC (traffic acquisition costs). I posted this information yesterday in Earnings.

Below is the InPlay summary which notes the same thing.

InPlay: Yahoo! beats by $0.02; raises operating income guidance; reaffirms total revs guidance for FY08

2008-04-23 10:51:00
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Genesis
Posts: 71435
Incept: 2007-06-26
A True American Patriot!
KD^2
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The original release SOUNDED like they raised it.

Their release was intentionally misleading, which was the point.

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"The monetary base in ALL modern monetary systems is the sum of unencumbered assets against which one is both WILLING AND ABLE to borrow." - Me
2008-04-23 10:52:08
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Interested
Posts: 2689
Incept: 2007-10-07

SC
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Noted

2008-04-23 10:53:16
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Etz3l
Posts: 9103
Incept: 2007-06-26
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Good to see pitchforks on the ticker.

Maybe they'll start paying attention?

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Treating the symptoms of financial corruption isn’t the same as removing the causes.

2008-04-23 12:03:28
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Aztrader
Posts: 4959
Incept: 2007-09-10
Scottsdale, AZ
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Wasn't Sarbanes supposed to penalize CEO's for lying? I guess they were told that it's OK now to lie because it's for the benefit of the market............

2008-04-23 12:26:13
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Degaston
Posts: 1100
Incept: 2007-07-27
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The CEO's are supposed to tell the truth in their SEC filings or they can face the music over Sarbanes-Oxley. But in a country where over 1,000,000 are in prison/jail I doubt we'll ever see every white collar criminal be investigated.

I don't think Sarbanes-Oxley regulates whether or not they tell the truth on CNBC.

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8/20/2009: Strong Buy ratings - PACR, GIGM, UNG, CSR, PBW - 10 percent in the market right now with 90 percent in cash

Last modified: 2008-04-23 12:43:40 by degaston
Reason: CNBC sentence

2008-04-23 12:42:35
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Expy
Posts: 8131
Incept: 2007-09-05

STOP the DEMONIZATION LIBS and MSM!!!!
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All I can say is expect the .gov to do something you never would have expected or possibily thought of, -to keep the party going a while longer.

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"IT'S THE INCOME/CASHFLOW SILLY"! {c expy } Where will incomes, wages, and profits/revenues come from to recover the economy after the spiral down? Certainly not the "New Service Economy". W/out massive new debt creation, [unlikely], and useful productivity, the public and business are probably screwed by a
2008-04-23 15:49:00
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Expy
Posts: 8131
Incept: 2007-09-05

STOP the DEMONIZATION LIBS and MSM!!!!
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As far as mainstream folks in default, remember my dentist friend in SAC? He's about as mainstream as you can get and they are f'd.

It's going to be a bloodbath and the cries for .gov interbvention and resulting vote buying will be enourmous.

If the Dems are in office it will be funny watching them TRY to bail out the rich.


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"IT'S THE INCOME/CASHFLOW SILLY"! {c expy } Where will incomes, wages, and profits/revenues come from to recover the economy after the spiral down? Certainly not the "New Service Economy". W/out massive new debt creation, [unlikely], and useful productivity, the public and business are probably screwed by a
2008-04-23 15:52:08
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Themortgagedude
Posts: 3930
Incept: 2007-12-17

saint louis
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WE CAN'T BAILOUT ANYBODY, BECAUSE WE CAN'T BAIL OUT EVERYBODY. God I wish someone on Capitol Hill would figure that out. I personally don't have the $800,000 laying around to bail out the .gov that it would cost today for me to pay my families share of the amount allocated and owed. I'm guessing that none of the rest of you have it or want to give it up. So what do we do - default and/or run the printing presses is my best guess. $200,000 per man, woman and child. Nice ****ing .gov we have had. I think I'll blame it on Ted Kennedy, he's been a drunken sailor throughout 95% of the debt creation so I'll pick on that bastard. But it comes from both sides of the aisles. Wars we don't need, programs that we don't need (farm subsidies for millionaires come to mind). It's a scratch my back and I'll scratch yours and let's buy the votes we need.

D.C. must offer one helluva lifestyle for them - because they'll sure do anything they can to stay. ****'EM ALL - I'M READY TO GET MY PAIL OF TAR AND BUCKET OF FEATHERS.

Thanks a lot for ruining this country for my children.

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"These are interesting times. We don't trust the government, we don't trust the legal system, we don't trust the media, and we don't trust each other! We've undermined all authority, and with it, the basis for replacing it! It's like a six-year-old's dream come true!"


2008-04-23 17:32:50
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Themortgagedude
Posts: 3930
Incept: 2007-12-17

saint louis
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And good luck to those of you going to the Bear Stearns building. I appreciate it. Especially those who have had to make the journey.

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"These are interesting times. We don't trust the government, we don't trust the legal system, we don't trust the media, and we don't trust each other! We've undermined all authority, and with it, the basis for replacing it! It's like a six-year-old's dream come true!"


2008-04-23 17:34:48
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Eel
Posts: 241
Incept: 2008-04-12
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Reading tickers has been enlightening for me to say the least. Gave me a whole new perspective and helped me get past my hyperinflation-throwingmoneyfromhelicopters-stage...

But there's something that puzzles me. KD has an entertaining and aggressive writing style with some good old rabble rousing with all the pitchforks and torches, but often it feels like I the reader am being blamed for not doing this or that. And it made me think, how many people do actually read the ticker on average? Or the forum? And how many of us don't live in USA and therefore don't get a vote?

Maybe we're just such a small group of people it's difficult to get our voices heard, even if every American blog reader/TF member sent letters and phoned their representatives. This of course doesn't mean we should stop trying.

2008-04-23 18:23:29
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Takechargedad
Posts: 35
Incept: 2007-06-26

Below the Hollywood sign
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Relative working as senior regional manager for FedEx had his, and co-workers, annual salary reduced by $20,000+ a couple of days ago, i.e., due to increased fuel costs and decreased shipping by clients.

Still waiting to find out whether reduction is permanent or amount will be restored once shipping levels return to normal.

Immediate reaction was to list his investment properties for sale, thereby adding to California inventory and probably selling for less than he imagines. IF he can sell.

2008-04-23 18:37:33
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Gametracker
Posts: 272
Incept: 2008-03-07
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Awesome ticker as usual. Thanks for taking the time to give us the info that the MEDIA will not.

One of the best forums I've ever visited. Seriously.


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"Everything predicted by the enemies of banks, in the beginning, is now coming to pass. We are to be ruined now by the deluge of bank paper..." Thomas Jefferson to Thomas Cooper, 1814. ME 14:61


2008-04-23 19:10:23
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Tomified
Posts: 584
Incept: 2008-03-13

MO
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The ticker makes great points and is argued well. It's one of the best I've read. I believe, however, that resorting to sexual and scatological terms and images makes it sound too much like a rant and restricts your readership to devotees. If you want a wider audience, who will recommend you to an even wider audience, don't describe bending grandma over the table and taking turns at her, and lay off words like "horsecrap" and "dogsqueeze." There are more socially acceptable images and words that can be vivid and effective. You're a good writer--reach for them.

That's just 2 cents worth from an editor, and no one likes editors.

2008-04-23 21:29:49
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Bettmann
Posts: 122
Incept: 2008-02-04

SF Bay Area
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Tomified -

You make a great point. Karl has the scope and the focus. He's got the bastards nailed coming and going. And GD this is supposed to be a country of free speech advocates. AND if the actual content of the Tickers are not enough to enrage you, then what hope is there. But you're right: the word "dogsqueeze" though hilarious, is enough to drive away those with delicate sensibilities, and those who disregard a message because of the specific tone in which it is delivered. Or the color of an author's skin (not KD's case?), or in far too many cases, just because the message is not rosy positive optimistic.

This is the USA dilemma: You can't seem to get people to care. Give them any excuse not to (like bold language), and they'll take it. So the rapacious will continue to bend grandma over the table.

What kind of country is it where the people will flee from truth if there's a "horsecrap" or two thrown in? Doomed...


2008-04-23 21:51:24
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Genesis
Posts: 71435
Incept: 2007-06-26
A True American Patriot!
KD^2
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When Grandma is being bent over the table, the right thing to do is call a spade a spade.

Period.

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"The monetary base in ALL modern monetary systems is the sum of unencumbered assets against which one is both WILLING AND ABLE to borrow." - Me
2008-04-23 21:53:38
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Tomified
Posts: 584
Incept: 2008-03-13

MO
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I'm just classically trained to take the reader into account. It's your choice, of course. You have a strong writing voice and argue well, so that might be enough.

2008-04-23 22:06:47
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