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| User Info | Brad Sherman: HE GETS IT! in forum [Ticker] | ||||
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Genesis Posts: 71435 Incept: 2007-06-26 
KD^2 
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http://market-ticker.org/archives/887-Br....
---------- "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
2009-03-20 14:11:00
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Wearedoomed Posts: 904 Incept: 2009-01-14 
Petra
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Video missing!
---------- The shrewdest of the great generals in China's history once said that perfection in war lay in so sapping the opponent's will that he surrenders without fighting.
2009-03-20 14:16:31
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Mtgspy Posts: 6122 Incept: 2007-10-27 
Online
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I am in agreement with your summer - fall estimate of how long Ben can keep his head underwater. This thing is clearly unsustainable and the pace that it unfolds so far shocked the most bearish members of this forum.
---------- It sounds antiquated, merchantilistic - until you figured out that I was hoarding for war.
2009-03-20 14:17:27
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Genesis Posts: 71435 Incept: 2007-06-26
KD^2
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I got it..... just checked it again.
---------- "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
2009-03-20 14:17:39
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Wearedoomed Posts: 904 Incept: 2009-01-14
Petra
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Weird - works in IE 7, but not FF latest. Oh well.
---------- The shrewdest of the great generals in China's history once said that perfection in war lay in so sapping the opponent's will that he surrenders without fighting.
2009-03-20 14:19:34
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Digitalcolony Posts: 335 Incept: 2007-07-09
Seattle
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Works in IE 8 too. Not in Flock or FF.
2009-03-20 14:32:25
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1lumpsum Posts: 1736 Incept: 2008-02-01
Nashville Online
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Brad Sherman has got it the whole time.
2009-03-20 14:34:19
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Searay Posts: 24 Incept: 2008-05-28
Charlotte
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Thanks for posting this Karl. Both Erin Burnett and Mark Haines cross the line from irritating to down right infuriating. If Mark Haines is so concerned about counterparties to AIG credit default swaps, why doesn't he fork over his entire salary to help make them whole? They both deserve a big John Stewart F-You!
2009-03-20 14:36:13
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Templar223 Posts: 397 Incept: 2008-04-28
Champaign, IL
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No video on Firefox. While I'm generally opposed to government micromanaging business (which often ends poorly), I agree that if these idiots need my tax money to float their companies, then by God, they can make do with a GS salary. Don't like it, don't take it. John
2009-03-20 14:39:15
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Otiswild Posts: 1341 Incept: 2009-03-09
Teegeeack
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Is this the vid? http://www.cnbc.com/id/15840232?video=10.... ---------- It appears that the yard wolves has grown up. Are we finally finished with the colds dead winters?
2009-03-20 14:48:13
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Newbtrader Posts: 3261 Incept: 2007-08-24
Bubbleville, VA
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Man, the CNBC crew is ****ing retarded (or more likely just crooks). Sherman did a helluva job putting the boot to their neck though, and soundly trouncing them in the "debate." Well done!
---------- "So try and figure this **** out. Catholic men and jewish women, no hats. Catholic women and jewish men, hats. Somebody's got the whole thing totally ****ing backwards." -George Carlin
2009-03-20 14:48:52
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Wageslave Posts: 621 Incept: 2008-12-04
San Diego Online
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Quote:Brad Sherman has got it the whole time. yep... he was one of the few who stood firmly and vocally against TARP, and called out Paulson's ridiculous scare tactics I wish he was in my district... my rep is a ****in retard (Susan Davis)
2009-03-20 14:50:58
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Asimov Posts: 26716 Incept: 2007-08-26
east tennessee
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CNBC video has never worked for me in opera.
---------- It's justifiably immoral to try to deal in a moral fashion with an immoral entity. If you trade based on what other people say, you will lose money. Especially what I say. I won't be held responsible. Festina lente.
2009-03-20 14:54:09
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Otiswild Posts: 1341 Incept: 2009-03-09
Teegeeack
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The link works for me in linux/firefox, with privoxy disabled. The MS embeds never work :p
---------- It appears that the yard wolves has grown up. Are we finally finished with the colds dead winters?
2009-03-20 14:59:02
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Madras Posts: 130 Incept: 2008-10-09
Philadelphia
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"If they want capitalism, let 'em have capitalism." I love Sherman. ---------- The fact that you have not yet personally seen the wheels come off the bus does not confirm the presence of lug nuts.
2009-03-20 15:02:03
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Synchronicity Posts: 483 Incept: 2008-07-20
40° 15' 1
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Sherman has spoken out all along and been amazingly accurate and honest. He is a bright light in a very dark hole. Great ticker, Karl! Sure is nice to hear some sense coming out of the CONgress, even makes one think there is some hope!
---------- the forgotten man...."He is the man who is never thought of...He works, he votes, generally he prays---but he always pays..." Wm. G. Sumner, 1883 ...It took man 5000 years to put wheels on his luggage...
2009-03-20 15:14:17
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Themortgagedude Posts: 3930 Incept: 2007-12-17
saint louis
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Gen saysQuote:They're lucky that the "punitive action" isn't coming in the form of 100 year prison terms or worse, angry mobs of citizens performing an 1873-style "banker hanging" on the lampposts, and might want to consider that if they keep this crap up the government and citizen response might morph into one of those other two possibilities. Yep - I'm starting to believe you when you say you're unelectable.  ---------- "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!"
2009-03-20 15:20:18
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Otiswild Posts: 1341 Incept: 2009-03-09
Teegeeack
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http://www.washingtonpost.com/wp-dyn/con....Quote:But it would be impractical at best, dangerous at worst, to get rid of everyone at Financial Products, according to AIG officials. If everyone leaves, Pasciucco said, "you don't have people that really, truly understand the book [of business]. We're still big enough that that matters." Hmm... Any lotto opportunities there? ---------- It appears that the yard wolves has grown up. Are we finally finished with the colds dead winters?
2009-03-20 15:22:27
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Eli Posts: 3844 Incept: 2007-09-10
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Brilliant! I remember back when TARP was passed he was one of the very few sane voices on the subject. Erin and Mark sound like greedy squealing pigs. If you don't like making 250,000 while working for the Gov. go into private business.
2009-03-20 15:29:38
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Themortgagedude Posts: 3930 Incept: 2007-12-17
saint louis
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Mark is just being contrarian. He agrees with him, I guarantee that. And isn't my guarantee as good as gold. ---------- "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!"
2009-03-20 15:32:27
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Lms Posts: 167 Incept: 2008-09-30
Punching Bernanke in the face
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I love watching these CNBC anchors trying to defend Wall Street salaries. Erin says: "Shouldn't you be focusing on more important problems rather than the salaries?" You dumb bitch. The salaries are the reason the pigmen levered up so much and ultimately created this systemic crisis. Now they want to keep collecting the salaries even after the whole thing has been blown to pieces? Mark says "I'm no expert, but...." Sorry, I stopped listening to you after that. CNBC: Let me know when you have someone who is an expert, until then STFU.
2009-03-20 15:36:44
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Antone Posts: 3820 Incept: 2008-02-03
This ain't your grandpa's depression.
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You think Erin sounds bad, you should hear Michelle Lee defend the bonuses and the Pigmen. I want to punch that bitch every time I see her! Sherman is the sme guy that blew the whistle last fall on TARP being a conduit to pay off foreign banks. ---------- Wir sind gefickt. I do not provide investing advice.
2009-03-20 15:41:47
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Allanon Posts: 299 Incept: 2008-02-04
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CNBC pimp: "This is witchhuntery!" Sherman: "We don't have to hunt the witches, we know who they are!" LOVE IT!
2009-03-20 15:48:02
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Sunriser1 Posts: 1879 Incept: 2007-10-30
lake tahoe nevada
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The way he talks makes me wonder if he related to Gen Sherman.
---------- "CHAPTER 9"
2009-03-20 16:17:10
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Jellybean Posts: 246 Incept: 2008-05-07
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Circus for the crowds...I appreciate Congressman Shermans comments about capitalism, but until Congress goes after credit default swaps and the broker/dealers who make make money shorting while holding cds, the looting continues. All Mr Sherman is saying is that AIG employess should be payed on a scale similar to federal employees, now that they are .gov employees. Makes it even more clear AIG was nationalized.
---------- The more you look to government, the more you will suffer tyranny.
2009-03-20 16:23:58
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