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User Info Merideth Whitney: The Internet NEVER SLEEPS in forum [Ticker]
Genesis
Posts: 71432
Incept: 2007-06-26
A True American Patriot!
KD^2
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http://market-ticker.org/archives/1210-M....

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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
2009-07-13 15:16:12
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Bigcat
Posts: 1523
Incept: 2008-09-10

Nice, France
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yet another hero - slips back down the alley with some rolly-polly little pig faced men.

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"When the goal shifts to simple survival for the Fed their goals will change drastically and their strategy will adjust accordingly...Like Congress, the Fed will throw its "allies" under the bus when they become a political liability. Look at Mozillo now! " Sushihorn, 07/09
2009-07-13 15:19:29
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Mayorquimby
Posts: 5868
Incept: 2008-09-18

Ponzi Planet
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This is the final phase of a system in collapse - the fundamentals are eroding rapidly and yet people are pouring their money into worthless assets 'just because'. I'm actually more alarmed at the rallies than the tankage. I can't tell you how many people I know that have turned to equity-gambling. SO MANY people have lost sight of the basics. Build something. Develop something. Get out of the frigging house and meet somebody.

And for all you TF'ers that constantly bitch and moan about market manipulation...I'm calling you all out too. Pull your liquidity or STFU. If it's all so unfair, well, pull out! You all KNOW you're supporting the fraud and manipulation so why play?

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It's a PONZI ECONOMY and it already HAS collapsed. Now they need more ponzi!
2009-07-13 15:26:48
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Ssg263
Posts: 100
Incept: 2009-01-07

NY
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Mayorquimby: gotta make back that 25% of my money that the government robs me of

2009-07-13 15:28:07
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Mayorquimby
Posts: 5868
Incept: 2008-09-18

Ponzi Planet
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That's a bs excuse Ssg and one that everyone touts around here. You all know the market has x amount of liquidity/market cap and that after that it's a zero-sum game since you have no idea what the other guy is going to do.

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It's a PONZI ECONOMY and it already HAS collapsed. Now they need more ponzi!
2009-07-13 15:30:55
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Centurion
Posts: 76
Incept: 2009-05-14
DFW
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Quote:
Pull your liquidity or STFU. If it's all so unfair, well, pull out! You all KNOW you're supporting the fraud and manipulation so why play?


Already done.

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- If you're not being shot at, it's not a high stress job.
- The right to self-defence is THE basic human right.
- No, I don't know everything .... I'm just REALLY good with Google.
- Trying not to be a tinfoil guy. But can you really blame me after the actions of Fed & Treas?
2009-07-13 15:39:09
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Beausam
Posts: 494
Incept: 2008-12-04
Florida
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Wow Gen...love that..the internet never sleeps and neither do I.

Sounds like you are accusing her of front running. Good for you. Let see if she takes the bait.

You Sir are on a tear lately.

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The function of the Government is to separate the peasants from their money by pretending to fail.....Reinhardt
2009-07-13 15:41:34
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Baja
Posts: 77
Incept: 2009-06-03
Outback Texas
Banned
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Bravo Quimby. I could not agree more.

Karl, did you really think MW was different?

2009-07-13 15:44:11
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Genesis
Posts: 71432
Incept: 2007-06-26
A True American Patriot!
KD^2
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No, I'm not accusing her.

I want to know when HER PAYING CLIENTS got her comments which she disseminated on CNBC. I MIGHT accuse them, if I get that information.

You can bet I won't and by the way, I know what CNBC's disclosure document looks like since I've signed one.

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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
2009-07-13 15:46:12
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Ssg263
Posts: 100
Incept: 2009-01-07

NY
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this nation is 95% sleepwalkers. If a few thousand people pull their deposits it means nothing. We all know it has to get much, much worse before joe 6-pack even begins to question the 2 party system. In the meantime, I will try to get richer.

2009-07-13 15:47:29
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Mayorquimby
Posts: 5868
Incept: 2008-09-18

Ponzi Planet
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Sorry...grumpy as hell today.

Ssg- It sure as hell does mean something. It means YOU won't get gamed. It means whatever **** goes on, YOU didn't support the bs. In the end, being bearish doesn't mean you're the good guys and they're (the bankers) the enemy - it's two sides of the same damned coin.

The whole country is behaving like a bunch of Jimmy Cagneys and trying to strike it rich. This is all just a terribly unhealthy attitude - out do the next guy. And yet you have no idea what the next guy is going to do. Pure gambling to outdo the Joneses. Who has more frigging coconuts in his/her hut. Pathetic.

Look in the mirror. Do you see Blankfein staring back at you?

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It's a PONZI ECONOMY and it already HAS collapsed. Now they need more ponzi!
2009-07-13 15:52:32
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Patentleathershoes
Posts: 7642
Incept: 2007-09-13
A True American Patriot!
Looking forward to PB&J time!
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What time did she say that on CNBC today?

2009-07-13 15:52:48
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Genesis
Posts: 71432
Incept: 2007-06-26
A True American Patriot!
KD^2
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She didn't.

That was MAY.

Two months ago.

And her interview TOADY didn't contradict ANY of the Macro Call.

The question stands - WHEN WAS THIS "RESEARCH" AND "CALL", WHICH IS DIAMETRICALLY OPPOSED TO HER STATED BELIEFS ON THE ECONOMY AND BUSINESS ENVIRONMENT - DISSEMINATED TO HER PAYING CLIENTS?

Was it BEFORE she went on CNBC - like LAST NIGHT?

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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

Last modified: 2009-07-13 15:55:51 by genesis

2009-07-13 15:55:10
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Ssg263
Posts: 100
Incept: 2009-01-07

NY
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Maybe I'm a little more negative about the intelligence of society looking forward than you are. I've thrown morals out the door right now. I campaigned for Ron Paul and done other stuff. I've tried being the "good guy" and I must say it's done nothing but leave me unfulfilled. I don't see 1776 on the horizon- I see "Brave New World" where 95% of the population are serfs. There's too many artificial distractions in this day and age for the young people to see the truth in the matrix.

I don't wanna be a serf.

Last modified: 2009-07-13 15:58:07 by ssg263

2009-07-13 15:57:08
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Dji
Posts: 720
Incept: 2009-04-21

Fleming Island
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Gen does she read the Ticker?
2 months ago the Banks are a joke and today GS will have $4 plus a share profits?
And a buy call on them right before earnings, imagine that.
GS write a nice fat check to one of her kids?

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What goes up Must come Down- Alan Parsons Project
THE TRUTH HURTS! -Dji
2009-07-13 16:00:19
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Patentleathershoes
Posts: 7642
Incept: 2007-09-13
A True American Patriot!
Looking forward to PB&J time!
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Sorry. I misunderstood you. I was just looking at your chart trying to see when the front run occurred. I'm not contradicting you. I heard her on CNBC today but didn't look at the time when she was being interviewed.

FWIW Toddo is asking the same questions on Minyan.

Last modified: 2009-07-13 16:03:30 by patentleathershoes
Reason: Added more!

2009-07-13 16:01:04
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Genesis
Posts: 71432
Incept: 2007-06-26
A True American Patriot!
KD^2
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I have no ****ing clue and frankly don't care.

This sort of bull**** really ****es me off. My key question is not whether she went on CNBC to pump - I want to know if she disseminated this to her paying clients BEFORE SHE WENT ON THE AIR.

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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
2009-07-13 16:01:14
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Stoverny
Posts: 250
Incept: 2009-02-25
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(unending bailouts + blatant accounting fraud x 13% unemployment)/((hotness of analyst making upgrade) x (#of CNBC douchebags on camera simultaneously)) = S&P close

2009-07-13 16:04:01
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Patentleathershoes
Posts: 7642
Incept: 2007-09-13
A True American Patriot!
Looking forward to PB&J time!
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Quote:
This sort of bull**** really ****es me off. My key question is not whether she went on CNBC to pump - I want to know if she disseminated this to her paying clients BEFORE SHE WENT ON THE AIR.


The question is circulating on the Minyan too!

2009-07-13 16:04:44
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Genesis
Posts: 71432
Incept: 2007-06-26
A True American Patriot!
KD^2
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Yeah well from the futures tape turning very early this morning after Asia was totally in the ****can and Europe was called down, its a VERY solid question.

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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
2009-07-13 16:05:41
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Benjiofsection31
Posts: 74
Incept: 2009-06-01
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to me its rather obvious:

why would otherwise reasonable people suddenly change and say ridiculous things that would destroy their credibility?

tin foil hat time suggests that "somebody got to them". Perhaps the Administration scared them, perhaps something worse, to keep reinflating the bubble, buy more time.

Ever since I saw that "crisis is over" article in Time Magazine in May, its been full frontal realization that the "enemy" is right here.

The problem is "they" are scared. These are temporary measures. We all know that things are probably a lot worse than even we realize.

Hey KD, if you ever start suddenly singing "green shoots" then we know you succumbed to the Invasion of the Administration Body Snatchers"

Try to wink, or give us a clue if you get Sopranoed on! ;)

2009-07-13 16:06:15
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Airelon
Posts: 23
Incept: 2009-03-12
Michigan
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Fronting is the oldest trick and game in the book. Whether she does or not is no skin off me. Meredith has been talking intelligently for a long time. She was telling people that consumer credit was going to explode months and months ago, and consumer credit was going to be the biggest hammer to fall on the economy. Whether or not she told her clients that? / m e h

That's why I'm not anyone elses client.

Who cares who can "say they were right" in the end. I don't give a whipstitch if I am right or not. I often ask new traders: "Do you want to be proven * right *, or do you want to make money?" So often, traders get involved in this trap of wanting to be 'right', and 'I'm right about where this is heading', they forget it's not about being right as to the macro economic flow. I'm deflationary, and I think the entire thing will collapse. But what do I care if I'm right in the end? I trade the tape. If the tape says short the dollar, although I'm deflationary, I short the dollar.

I don't care whether Meredith is right or wrong, or if she can claim being right in the end. Meredith claiming being right doesn't make me money. I enjoy her thoughts. But that's all they are. Her thoughts, not mine.

I've said it before, and will say it again. The United States, as many people believe it to exist is done, and over. It has been for a while. What you're seeing with corruption is simply the symptoms. You can't fix it. You can't repair it. You can't 'get involved and call your Congressman' to improve anything. It will do no good, because the patient is already dead. Zero patriotism, zero animosity. There's just no emotion period. Utter neutrality.

The "Raz Al' Ghul" solution is probably the best, if you could just get the truly 'innocents' out before it burns.

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"You cannot afford to wait for perfect conditions. Goal setting is often a matter of balancing timing against available resources. Opportunities are easily lost while waiting for perfect conditions." -Gary Ryan

Last modified: 2009-07-13 16:16:14 by airelon
Reason: further explanatory comments

2009-07-13 16:08:38
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Xqqme
Posts: 76
Incept: 2009-01-09

Ohio
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Don't shoot the messenger. Meredith was just stating the obvious. (Especially when cap and trade passes)

2009-07-13 16:08:59
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Wisc-xc
Posts: 4828
Incept: 2007-07-14

outside chicago
Online
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Benji,

Karl hasn't left room for double talk hedging regarding his macro call. As he has said ad nauseum, until the bad debt is cleared from the system there can be no healing.

2009-07-13 16:13:01
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Benjiofsection31
Posts: 74
Incept: 2009-06-01
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Wisc-

I wouldn't read anything into my words. Personally this is one of the first bizarro world things I have heard Meredeth say.

I simply meant if KD suddenly changes his tune, then he is likely being "coerced" into doing so.

Call it front running? Ok. But either she has become more flagrant, OR consider the possibility this is some sort of aberration or event to help out the gubermint.

I said "tin foil" hat, mind you.

Last modified: 2009-07-13 16:18:42 by benjiofsection31
Reason: sp

2009-07-13 16:16:51
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