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| User Info | Obama's Revisionism and ABC's Stupidity in forum [Ticker] | ||||
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Genesis Posts: 71423 Incept: 2007-06-26 
KD^2 
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http://market-ticker.org/archives/867-Ob....
---------- "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
2009-03-13 12:53:36
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Reza30 Posts: 233 Incept: 2009-02-15
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Karl, This is a response to your current and last ticker about "what's this market about." The bounce was clearly expected due to technical levels, and you called it just right. The bounce is also largely due to the belief that so much money is being thrown at the system that the banks will finally start lending. The problem is that many workers are losing their jobs; watching their salaries and benefits being cut, or their retirements disappear. As such, the borrower is not willing or unable to borrow, so it does not matter how much money is handed out to the banks. This explains my thought. 
2009-03-13 13:02:55
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Dashingdwl Posts: 4564 Incept: 2007-06-26 
los angeles
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Gen, neither Gibbs nor the media (nor the public) understands any of this: tarp, talf, siv, on/off balance sheet... Their eyes just glaze over... They cannot call out anyone, much less someone from Obama's dream team. ---------- Think Green Tip.
2009-03-13 13:03:47
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Kylafoon Posts: 719 Incept: 2009-02-05
Zombie Portal Lookout
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Clearly more evidence that we are being ****ed on and told it's raining. I believe I am beginning to feel what it's like to be a communist... The MSM has been fully complicit with the Obama regime. What makes one think that they are capable of truth and facts... :p ---------- "...But whenever we see things done wildly, but taken tamely, then the State is growing insane..." - Gilbert Keith Chesterton 1910
2009-03-13 13:24:51
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Djrichard Posts: 113 Incept: 2008-08-03 Raleigh, NC
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Maybe he's referring to when it initially passed in the senate (rather than the house)?
---------- "99 percent of everything done in the world, good or bad, is done to pay a mortgage, so perhaps the world would be a better place if everyone rented" - Nick Naylor, Thank You For Smoking
2009-03-13 13:28:02
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Baldy Posts: 6555 Incept: 2008-05-16
Pittsburgh
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When I saw this in the daily briefing yesterday, I was shocked. I went looking there out of boredom. I must admit I went looking for something else (questions about the news reports of the lack of Treasury appts), but this just jumped out at me. It is good you did this Ticker, as the true history must be known- not mainly as a "gotcha" to any President, but a reminder that when pols say something, take it with a grain of salt. Especially about something this important. This is THE issue now- the financial system and the economy.
---------- FY2011 Budget - Hist'l Tables (PDF 2.0 MB) http://www.whitehouse.gov/omb/budget/fy2011/assets/hist.pdf 1996-2011 budgets: http://www.gpoaccess.gov/usbudget/browse.html
2009-03-13 13:28:07
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Timbo Posts: 1132 Incept: 2008-10-10
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White House is selling a new financial product, 5X inverse GIBX 200% USRDA bull**** and it tastes like snozzberries ---------- http://mises.org/story/770 http://www.theplacewithnoname.com/blogs/klessons/index.html If you don't fly the plane and find a place to land, then God will find a place to park you.
2009-03-13 13:30:36
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Icanhasbailout Posts: 2170 Incept: 2009-03-10
Imaginationland
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The bottom fell out of the government's credibility when a certain President went on national TV, wagged his finger at us, and declared "I did not have sex with that woman". I was watching it live with a friend, and when he did that we looked at each other in shock that the President of the United States would so obviously and blatantly lie right to our faces. I view that as the moment, and the vote in which the Senate allowed this open high misdemeanor to stand unpunished, as the tipping point in our culture when a crash became inevitable. ---------- I can has TARP? http://icanhastarp.com
2009-03-13 13:38:39
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Sierraboy Posts: 1329 Incept: 2007-06-26 
San Diego, CA
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Djrichard might have nailed it
2009-03-13 13:42:01
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Arathornson Posts: 53 Incept: 2008-10-18
NE CT
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Email sent to the White House requesting clarification. I'm not holding my breath for a response.
---------- Contradictions do not exist. Whenever you think that you are facing a contradiction, check your premises. You will find that one of them is wrong.- Ayn Rand
2009-03-13 13:46:13
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Genesis Posts: 71423 Incept: 2007-06-26
KD^2
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I faxed the WH a copy of the Ticker. I don't expect a response either 
---------- "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
2009-03-13 13:47:20
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Patriarch Posts: 566 Incept: 2007-10-18 inside, usually
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Send Jon Stewart a copy - he may be the only media figure to air it. He might even make a special show just around the most talked about topic of these days.
---------- Our elected take an oath to serve. Time to add: “I will not serve in a capacity which I am not able to comprehend or am incapable of by mental defect of any kind, nor will I use the excuse of intellective deficiency if found in violation of this oath/affirmation”, which backs charging wayward politicians with treason.
2009-03-13 13:51:46
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Genesis Posts: 71423 Incept: 2007-06-26
KD^2
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I couldn't find an email address for them on the web page. ---------- "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
2009-03-13 13:53:49
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Sierraboy Posts: 1329 Incept: 2007-06-26
San Diego, CA
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Sorry - my mistake . The 800 points on the DOW on 9/18 and 9/19 were the shorting ban, not the senate vote on teh bailout IIRC
2009-03-13 13:54:12
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Icanhasbailout Posts: 2170 Incept: 2009-03-10
Imaginationland
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I sent a copy to info-at-thedailyshow-dot-com for you.
---------- I can has TARP? http://icanhastarp.com
2009-03-13 14:07:08
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Treebeard056 Posts: 198 Incept: 2009-01-31
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Anybody send tickers to Charles Krauthammer ?
2009-03-13 14:22:32
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Lowbeyond Posts: 6900 Incept: 2008-02-11
CO
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Heh. They are not even trying anymore. Its either willfull lying or just incompetence. Take your pick
---------- Maybe it was a birdy bread-bomber from the future?!
2009-03-13 14:40:32
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Swarf_maker Posts: 19 Incept: 2008-10-18 Ottawa, Ontario, Canada
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From today's Ottawa CitizenQuote:Prime Minister Stephen Harper said the global recession was caused by American consumers and investors who believed in the “unconservative” idea that they could borrow without consequences. Harper claims to have a masters degree in economics. Can his understanding of the crisis really be so shallow? Has he no advisers worth their salary? My sense is that our politicians think they can solve this by singing 'Don't worry be happy' to us. There is absolutely no hope they are willing to do anything right. ---------- "Eternal vigilance by the people is the price of liberty." Andrew Jackson
2009-03-13 14:45:00
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Beausam Posts: 494 Incept: 2008-12-04 Florida
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Not only are they going to avoid doing the right thing.... they are going to ask you to like it and support it, then shove the Chrysler building up our asses if we let them. There is growing seething anger among the people that is not being shown in MSM. Pretty soon they won't be able to hide it. But we need not buy into that violence. That is what they want so they can put us away. We need to destroy them by exposing their scandals in the open where everybody can see it. ---------- The function of the Government is to separate the peasants from their money by pretending to fail.....Reinhardt
2009-03-13 14:58:23
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Curbyourrisk Posts: 1891 Incept: 2008-08-19 Long Island, New York Online
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Obama was such a mistake!
---------- Hopium: hope filled delirium preached by the White House and Swallowed whole by the American Sheeple. Why is Franklin Raines a free man? "We saved the world from disaster" - Ben Bernanke - Jackson Hole 08/21/2009 
2009-03-13 16:04:57
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Hwatti Posts: 245 Incept: 2008-10-22
Suspended
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http://www.youtube.com/watch?v=SGkrNJ19D.... A new team member for obama? Or, Press secretary!? ---------- "He was special arriving at his level of understanding, this day and age some will follow." Said by someone about Krishnamurti. Me, hwatti? I feel not worthy (Sometimes yes) to say anything strongly representative. And, the radical revolution is happening and I am not a "follower" I am a listener. http://en.w
2009-03-13 16:31:28
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Mortgageguymn Posts: 181 Incept: 2009-03-09
North Coast Online
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Gibbs will be out soon. It's one thing to lie. That's kind of the job, after all. It's another to be so obviously lying, stammering, etc. They'll get a better liar soon, and Gibbs will be off to "spend more time with his family".
---------- "Neither a borrower nor a lender be." - Harold Hecuba
2009-03-13 16:35:01
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Ruffcut Posts: 2196 Incept: 2007-07-07 Mushagain
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He does suck. Give me a bull****ter with flare, please. ---------- Support locally, and **** off globally!
2009-03-13 17:05:07
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Molyman Posts: 620 Incept: 2007-08-31 Keystone, CO
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I have a copy of Gibbs' chart and he looks to be correct.
---------- As radical and implausible as it may sound, digitizing the earth’s 2,500-year experiment with commodity money may ultimately prove far more sustainable than our recent 35-year experiment with monetary sovereignty. -Benn Steil CFR Last modified:
2009-03-13 17:38:13 by molyman
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Empyre Posts: 222 Incept: 2008-12-31
Selah Wa
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^^ CLASSIC!!!
2009-03-13 17:51:08
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