Detailed market commentary at The Market Ticker and Ticker Classics (The Year 2009 In Review)
Seeing huge swings in your account value? On margin? Read my "Come to Jesus" Ticker? If not, please do. Click here.
BlogTalkRadio - Mondays at 3:30 Central - Yes, TickerGuy has a radio show (kinda)
See The Federationists on their new web site and forum.
Donate to obtain GOLD ACCESS for enhanced privileges. Interested in T-Shirts, caps and coffee mugs? Click here.
RSS available
MarketTicker Forums Read Message in Ticker User: Not logged on

Top Forum Top Login Control Panel FAQ Register Logout

User Info In Honor of Fitch Ratings.... in forum [Ticker]
Genesis
Posts: 71422
Incept: 2007-06-26
A True American Patriot!
KD^2
Report This As A Bad Post Add To Your Ignored User List Ignore this thread
http://market-ticker.denninger.net/archi....

----------
"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
2008-09-02 12:40:16
Permalink
Fidgit
Posts: 14065
Incept: 2008-02-18

AllyBammy
Report This As A Bad Post Add To Your Ignored User List

----------
I say it's spinach, and I say the hell with it.
2008-09-02 13:10:07
Permalink
Andygates
Posts: 9
Incept: 2008-09-02
India
Report This As A Bad Post Add To Your Ignored User List
"...debt securities that are clearly marked on the face of each prospectus as being NOT guaranteed by the government...". Well, Karl, you must've said this for about the 100th time now, but you, of all people, should know better. What is written on what paper doesn't mean jack-**** to the "elite" in the system's (global and US) power structure - what matters there is who can crush who's balls. The entire web of rules and laws and regulations and contracts and other BS is only meant to keep the weaker parties (regular John Doe "citizen", third world countries) in perpetual slavery.

2008-09-02 14:43:15
Permalink
Andygates
Posts: 9
Incept: 2008-09-02
India
Report This As A Bad Post Add To Your Ignored User List
And just to clarify things a bit more..
Its easy to *say* **** you for *you* to the Chinese, etc., but really, US is not the power it once was and if and when the US govt. does so (says "**** you", i.e.,), it is the entire US middle class that will be ****ed.

2008-09-02 14:51:50
Permalink
Themortgagedude
Posts: 3930
Incept: 2007-12-17

saint louis
Online
Report This As A Bad Post Add To Your Ignored User List
Well Andy welcome to ticker forum. Hope you're a US citizen because Hank and Ben have been fixing you your own special sandwich. Mmmm those will be tasty for the remaining years of your life. Just figure on about $100 of debt service per month per person for the **** they are serving up.

And as another way of welcoming you to the Forum. Well how about a good old fashioned **** you.

----------
"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!"


Last modified: 2008-09-02 14:56:35 by themortgagedude
Reason: just cause I'm an *******.

2008-09-02 14:54:20
Permalink
Francisco
Posts: 1311
Incept: 2007-07-27

State of Jefferson, USA
Report This As A Bad Post Add To Your Ignored User List
Quote:
Hope you're a US citizen because Hank and Ben have been fixing you your own special sandwich.


We have been given assurances that we will be given a choice, smooth or chunky style.

----------
"We have met the enemy, and he is us." —Pogo


2008-09-02 15:19:21
Permalink
Genesis
Posts: 71422
Incept: 2007-06-26
A True American Patriot!
KD^2
Report This As A Bad Post Add To Your Ignored User List
Chunky for the Chindia folks.

I'll provide the "special sauce" on top

----------
"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
2008-09-02 15:36:19
Permalink
Capeman
Posts: 2169
Incept: 2007-07-12

San Diego
Report This As A Bad Post Add To Your Ignored User List
I really hope they earn the six sandwich grade in the end. That's a financial nuke that would light up the world and as long as we don't have to pay for it I'll be watching with more excitement than my kid at Xmas.

----------
"I believe all God's creatures have a soul... except bears, bears are Godless killing machines!"
- Steven Colbert
2008-09-02 15:48:22
Permalink
Brucelee
Posts: 837
Incept: 2007-09-12
detroit, mi
Report This As A Bad Post Add To Your Ignored User List
gen, they've already admitted creating moral hazard. it doesn't matter if it's chindia or the ib's, they'll all be bailed out in some fashion. i'm not disagreeing with you because it clearly states it in the prospectus and the fre 5 year auction today was 96bps over treasuries which speaks for itself.
from your lips to God's ear. Mmmm, sandwiches with special sauce.

----------
"There is no way it can be allowed to be more prosperous than those it has failed, and those who pay its salaries." - Bozonian


2008-09-02 16:18:03
Permalink
Capeman
Posts: 2169
Incept: 2007-07-12

San Diego
Report This As A Bad Post Add To Your Ignored User List
I'm not buying the bailout. What do the banks have to gain from it? The dollar would be tanked along with Treasuries leaving our Gov't and financial system F-ed in the A for a long time. The flip side is making these countries eat these **** sandwiches, destroying their financials and making the transfer of their wealth to our financial kingpins easier. Dollar gets stronger as a result of the world currencies taking a ****nap and our financial system thrives after a couple-few years of slow growth.

----------
"I believe all God's creatures have a soul... except bears, bears are Godless killing machines!"
- Steven Colbert
2008-09-02 16:31:13
Permalink
Signas
Posts: 609
Incept: 2007-06-26
Reno
Report This As A Bad Post Add To Your Ignored User List
A lot of Iraqi oil makes the sammish go down!!

----------
Carbon Credits "FOR SALE"
Bring a wheelbarrow full of money!!
2008-09-02 17:36:45
Permalink
Bluntfacts
Posts: 693
Incept: 2007-10-09
Las Vegas, Nevada
Report This As A Bad Post Add To Your Ignored User List
In todays 2nd Ticker, Karl wrote...

"Any questions?"

Yes, I have a question. The pictures are very small. I think the little girl is looking at some sort of SAUSAGE sandwich, but I am not sure...

----------
"Will someone come on TV and tell the truth about how bad it is". Jim Cramer August 2007.
"We can change the focus to a soft blur; or sharpen it to crystal clarity" The Outer Limits 1964.
2008-09-02 21:27:55
Permalink
Genesis
Posts: 71422
Incept: 2007-06-26
A True American Patriot!
KD^2
Report This As A Bad Post Add To Your Ignored User List
Its used sausage.

----------
"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
2008-09-02 21:32:39
Permalink
Ukvipersden
Posts: 1241
Incept: 2007-12-01
Report This As A Bad Post Add To Your Ignored User List
:rotfl:

2008-09-03 04:31:15
Permalink
Sharon
Posts: 1786
Incept: 2008-02-10
Report This As A Bad Post Add To Your Ignored User List
It's always a pleasure to read an analysis by someone who has a firm grasp of the metric system: 10 buttloads = one ****load. Ten ****loads = one ****load.

Folklorically speaking, the chances that the US taxpayer will not get stuck with the bill may be explained by the familiar aphorism (I think it was by Confucious), "Water runs downhill." (Mysteriously preceeded in the ancient text by the obscure words, "Righty-tighty, lefty-loosey," and followed by the now-unknown but better understood, "Payday's Friday.")

2008-09-03 09:38:05
Permalink
Acgreyhound
Posts: 4985
Incept: 2007-08-20

Worcester, MA
Report This As A Bad Post Add To Your Ignored User List
, Sharon... my wife is teaching the metric system this week. I am SO passing that on.

----------
a/k/a Angry Douche
2008-09-03 10:12:59
Permalink
Musashi
Posts: 2945
Incept: 2007-11-06
Behind the Irony Curtain
Report This As A Bad Post Add To Your Ignored User List
That isn't from Confucius.

It's the three year curriculum from plumbers school.

2008-09-03 17:34:36
Permalink
Laura
Posts: 3153
Incept: 2008-05-05
A True American Patriot!
Florida Space Coast
Report This As A Bad Post Add To Your Ignored User List
Capeman,
by God u've got it!

Processed mystery meat!

OMG!

----------
Karl's just a shill for Big Math. 1LumpSum
Honey, where's the AK ? Tyler Durden
My Ford focus can get me from point A to point B just as good Tigger's Cadillac. And my back door window is not broken. Mliu
2008-09-04 02:17:28
Permalink
Sharon
Posts: 1786
Incept: 2008-02-10
Report This As A Bad Post Add To Your Ignored User List
Musashi, from what little I know of Confucious, I have the impression he had a thing for stating the obvious. I remember some aphorism about how, if you want to enter a house, you should for ****'s sake use the door instead of the window.

"Water runs downhill" kind of sounds like something Confucious would have said. The guy seems to have had quite a handle on objective reality. A rare quality, it would seem.

2008-09-04 10:05:01
Permalink
Tat668
Posts: 1700
Incept: 2007-09-09
A True American Patriot!
Report This As A Bad Post Add To Your Ignored User List
It would be kind not to take garbage and claim that it came from a Saint whose scholarly principals are still the bed rock of some of the most powerful nations in modern times.

----------
"Patience grasshoppers.... but your time to eat the bugs is coming......."- KD 9-1-2009

"This marks the beginning of the end."- Barack Obama 2-26-09

2008-09-04 11:02:16
Permalink
Jstanley01
Posts: 2565
Incept: 2008-07-30
A True American Patriot!
San Antonio, Texas
Online
Report This As A Bad Post Add To Your Ignored User List
Confucius "say":

"Do not eat the snow where the huskies go."
"Elevators smell different to midgets."
"He who go to bed with itchy butt, wake up with stinky finger."
"Better to be ****ed off than ****ed on."
"Better stay silent and thought a fool, than open mouth and remove all doubt."
"War does not determine who is right, war determines who is left."

----------
...so in short, my fellow Texans, we must secede. "For the children..." --Me
2008-09-04 11:16:31
Permalink
Sharon
Posts: 1786
Incept: 2008-02-10
Report This As A Bad Post Add To Your Ignored User List
Apologies, Tat668. No offense intended. I suppose if I had attributed some silliness to Jesus, several here would have blown a fuse.

2008-09-04 13:23:08
Permalink
Top Forum Top Login Control Panel Logout

AKCS V12.1 Copyright 1993-2010 Karl Denninger. All Rights Reserved
Email the AKCS Owner