Follow the MONEY, and do not be distracted by the FTV-MSM chatter and 'white noise' telling you "It's OK, just move-along now, nothing to see here. No problem."
Insiders We are seeing the biggest insider selling-to-buying imbalance ever recorded. S&P insider selling was 8,279.5x times greater than buying (Bloomberg) in the first week of QE2 POMO.
Retail Investors (Mom & Pop) have lost confidence in the charade of free markets, and rightfully so. The game is rigged. Those who could, have left already or are leaving.
- We have just seen the 29th consecutive week of outflow from domestic mutual funds.
Who remains? All seriousness aside, how can the market be going UP when nobody but CNBC's "Fast Money", the Primary Dealers, and some hedge funds are putting money into the market?
- Maybe the Fed, the 18 Primary Dealers, and HFT (high frequency trading....which 'churn' but do not 'hold' positions) CAN run the Dow UP to nosebleed levels, but between them this amounts to economic seppuku for the US Dollar.
At least the robotraders and the Fed are providing some liquidity for the smart ones to make an exit now. It's going to be quite a collapse when the algorith driven-robotraders and the Fed run out of OPM (other people's money) and this game shuts down.
The proverbial sh*t is going to hit the fan then............
Friday, 26 November 2010
Follow the money, not the noise............from Rico
Thursday, 25 November 2010
Movie Review..........
Short Review: One of the joys of being a father of a small girl is the privilege of indulging her girly side: attending her tea parties, complementing her when she wears a new outfit and taking her to see fun, light feminine films like this one.
Full Review Here
Video: New Zealand WW2 Re-enactor Training Video
E Patrol, of Christchurch NZ presents a brief overview of our training methods for WW2 re enactor battles.
This is only a very simplified look, but the onus rests on safety and communication.
This unit represents and raises funds for Rannerdale Veterans' Hospital
Thanksgiving 2010...........from Rico
IF Norman Rockwell had been a redneck, Thanksgiving would have looked something very much like this.
Whether you have KFC, a traditional meal, MRE's, or whatever....I hope you will join me in giving THANKS,
and your celebratory meal looks like this at the end.
Task Force White Eagle artillerymen from the Self-Propelled Artillery Squadron, 10th Armored Cavalry Brigade, held training on the 152 mm self-propelled howitzer, called “Dana,” Nov. 13. The 152 mm howitzer is Czech made from the 1980s, but with a modernized command and control self-propelled artillery system called “Topaz.” (Photo by Polish Warrant Officer 2 Adam Roik)
Happy Thanksgiving .............. from PeterGunn
TWAS THE NIGHT OF THANKSGIVING,
BUT I JUST COULDN'T SLEEP.
I TRIED COUNTING BACKWARDS,
I TRIED COUNTING SHEEP.
THE LEFTOVERS BECKONED -
THE DARK MEAT AND WHITE,
BUT I FOUGHT THE TEMPTATION
WITH ALL OF MY MIGHT.
TOSSING AND TURNING WITH ANTICIPATION,
THE THOUGHT OF A SNACK BECAME INFATUATION.
SO, I RACED TO THE KITCHEN, FLUNG OPEN THE DOOR,
AND GAZED AT THE FRIDGE, FULL OF GOODIES GALORE.
GOBBLED UP TURKEY AND BUTTERED POTATOES,
PICKLES AND CARROTS, BEANS AND TOMATOES.
I FELT MYSELF SWELLING SO PLUMP AND SO ROUND,
'TIL ALL OF A SUDDEN, I ROSE OFF THE GROUND.
I CRASHED THROUGH THE CEILING, FLOATING INTO THE SKY,
WITH A MOUTHFUL OF PUDDING AND A HANDFUL OF PIE.
BUT, I MANAGED TO YELL AS I SOARED PAST THE TREES....
HAPPY EATING TO ALL - PASS THE CRANBERRIES, PLEASE.
MAY YOUR STUFFING BE TASTY,
MAY YOUR TURKEY BE PLUMP.
MAY YOUR POTATOES 'N GRAVY HAVE NARY A LUMP.
MAY YOUR YAMS BE DELICIOUS.
MAY YOUR PIES TAKE THE PRIZE,
MAY YOUR THANKSGIVING DINNER STAY OFF OF YOUR THIGHS!!
HAPPY THANKSGIVING TO ALL
The Butterball Turkey Hotline highlights
Does the turkey go in the oven feet first or head first?
Can I baste my turkey with suntan lotion?
How long does it take to thaw a fresh turkey?
When does turkey hunting season start?
How do I prepare a turkey for vegetarians?
How long does it take to cook a turkey if I leave the oven door open the whole time? That’s how my mom always did it.
H/T DML
News..........
Cancún and global warming apocalypse
Man loses £80k life savings after leaving cash on roof of his car
Advocacy group helps illegal immigrants get tax refunds, even those with bogus social security cards
It’s On… Sarah Palin Hits Back at “Blue Blood” Bushes
Why no outdoor cash machine is totally safe
Final Harrier Leaves Brit Ship
Public is not realistic about terrorism, Scotland Yard chief says
North Korea threatens more attacks on South
and finally..........
American Thanksgiving Tribute To Troops.
Sliding to tanking..............from Rico
The proverbial cheese has been sliding off the US Dollar's cracker for a long time now, so it is NO SURPRISE to read Matt Drudge's banner today:
CHINA-RUSSIA QUIT DOLLAR
Well no kidding!
Unless you have been 'distracted' by the happy-face MSM/FTV telling you "it's gonna be OK" and/or the faux "reality" TV programming you surely expected something like this. You also expect something like foreign sovereign states stopping their purchases of US Treasurys/Gov't Bonds which are J. Wellington Wimpey-esque promises to 'pay you someday for your money today' when they figure-out they aren't going to get paid because ALL the money the USG is currently spending is borrowed because it's broke [read: flat-busted, insolvent, bankrupt].
Topple the North Korean Regime
See the full analysis at the link: "Regime Change North Korea."
And previously: "U.S. Weighs Options After North Korean Attack."
See also Jane Jamison, "Because President Truman Didn’t Finish the Job in North Korea in 1950..."
RELATED: Daily Press Briefing, U.S. State Department, November 24, 2010.
Look for updates at American Power.
Animal Rights Group Condemns Sarah Palin 'Snuff Film'
They've cut the clip here, but at about 35 seconds Sarah Palin whaps a halibut: WaPo has the story, "Sarah Palin's 'Snuff Film' Has Animal Rights Group Angry." But according the Alaska Charter Association (via JWF), "Halibut clubbing is actually a standard practice among fishermen."
You don't say?
Cross-posted from American Power.
Wednesday, 24 November 2010
National Opt Out Day
I've got an epic roundup here: "National Opt-Outapalooza!"
UPDATES throughout the night at American Power.
Pike River Mine Accident
For those of you following the Pike River mine accident in New Zealand, there was a second blast yesterday afternoon our time confirming the volitility of the mine which had prevented any rescue effort from entering the mine since the first blast last Friday afternoon.
The twenty nine men unaccounted for are now presumed dead with it being very likely they died in the intial blast.
Their ages ranged from 17 to 62 and 24 were New Zealanders, 2 Australians, 2 Scots and 1 South African.
We would now like the international media to leave the West Coast area please and stp trying to second guess actual experts and play the blame game. Miners, their families and freinds can get very hostile when you push them. We can't make our own media go away, but they're on borrowed time too.
Book of the Day: 'Afghan Faces'
Afghan Faces is a high quality publication reflecting upon the daily life of Afghan people through their faces.
After print costs all the profits from the sale of Afghan Faces and the book launch dinner, auction and raffle, will be donated to the charities that Afghan Faces is supporting: Help For Heroes, The Royal Marines Charitable Trust Fund and Sandy Gall's Afghanistan Appeal.
Site Here
Buy it Here
London Review of Books: "One of the Most Poisonously Judeophobic Periodicals in Western Society'
I had students in my World Politics course this semester read Mearsheimer and Walt's "The Israel Lobby." Thoughts on the experience, via Melanie Phillips, at the link: "The London Review of Bigotry."
More throughout the day at American Power.
ASB TV: Winner of ASB Mustang Ride
The legendary P-51 Mustang brought men home safely, ended a war, and every once in a while it unexpectedly changes lives.
AirShowBuzz is privileged to bring you the story of a woman whose family faced incredible hardships and the news every family fears. On a whim and prayer, she entered the Horsemen P-51 Mustang flight sweepstakes with hope and the chance of good news for her family of five.
With the click of a mouse, Pamela Pfeninger's luck changed when her name was drawn as the winner of the mustang flight. The story could end there, but it became so much more as the magical mustang once again united a thankful family and showed that sometime the P-51 can be fueled by love.
Pre-Christmas Reminder.........
T’was the month before Christmas
When all through our land,
Not a Christian was praying
Nor taking a stand.
See the PC Police had taken away,
The reason for Christmas - no one could say.
The children were told by their schools not to sing,
About Shepherds and Wise Men and Angels and things.
It might hurt people's feelings, the teachers would say
December 25th is just a ' Holiday '.
Yet the shoppers were ready with cash, checks and credit
Pushing folks down to the floor just to get it!
CDs from Madonna, an X BOX, an I-pod
Something was changing, something quite odd!
Retailers promoted Ramadan and Kwanzaa
In hopes to sell books by Franken & Fonda.
As Targets were hanging their trees upside down
At Lowe's the word Christmas - was no where to be found.
At K-Mart and Staples and Penny's and Sears
You won't hear the word Christmas; it won't touch your ears.
Inclusive, sensitive, Di-ver-si-ty
Are words that were used to intimidate me.
Now Daschle, Now Darden, Now Sharpton, Wolf Blitzen
On Boxer, on Rather, on Kerry, on Clinton !
At the top of the Senate, there arose such a clatter
To eliminate Jesus, in all public matter.
And we spoke not a word, as they took away our faith
Forbidden to speak of salvation and grace
The true Gift of Christmas was exchanged and discarded
The reason for the season, stopped before it started.
So as you celebrate 'Winter Break' under your 'Dream Tree'
Sipping your Starbucks, listen to me.
Choose your words carefully, choose what you say
Shout MERRY CHRISTMAS , not Happy Holiday !
Please, all Christians join together and
wish everyone you meet during the holidays a
MERRY CHRISTMAS
Christ is The Reason for the Christ-mas Season!
H/T 45 Govt
SOUTH CHINA SEA (Nov. 20, 2010) An AV-8B Harrier jet aircraft assigned to Marine Attack Squadron (VMA) 542 prepares to land aboard the forward-deployed amphibious assault ship USS Essex (LHD 2). Essex is part of the forward-deployed Essex Amphibious Ready Group and is underway in the western Pacific Ocean. (U.S. Navy photo by Mass Communication Specialist 3rd Class Casey H. Kyhl)
H/T Marc
Appeal of the Day........
A sergeant gets killed in Afghanistan and his widow gets a corporal’s pension.
Please sign the Petition HERE
H/T Richard
