Friday, July 31, 2009

Tuesday, July 28, 2009

gonna be the shit!

I saw a bumper sticker, and it made me MAD AS HELL! but I dont know why.

they cut my credit card up right in front of my FUCKING EYES!!!!!!!

This is the shit starting to hit the fan. refer below to ALL the treasury auctions this week. Today's auction?

The $42 billion 2 year note auction closed earlier and was a disappointment:
- Yields 1.080% vs. Exp. 1.058%- B/c 2.75 vs. Avg. 2.95 (Prev. 3.19)- Indirect bids 33% vs. Avg. 50.69% (Prev. 68.86%)- Allotted at high 21.59% (BBG)

the yield is going to keep going up. This is a 2 year note. short term. whats the yield going to do in 30 year treasuries? long term debt is not at all attractive to investors.

yield is what we pay annually on amount borrowed.

Bid to call is basically ratio of number of people that bid ,in an auction on the notes.

Indirect bids is basically foreign interest in OUR debt.

check out this article:

so you see. There is less and less interest in loaning us money, while we are running up HUGE deficits like 375 % of our GDP! and they are lying to us about it. The yields WE pay HAVE to keep going up, and the prices THEY pay keep going down. We are begging for money now.

sarah you lyrical slut!

shatner reads palin's farewell speech, verbatim.


Thursday, July 23, 2009

well said

By Charlie Reese

Politicians are the only people in the world who create problems and then campaign against them.

Have you ever wondered, if both the Democrats and the Republicans are against deficits, WHY do we have deficits?

Have you ever wondered, if all the politicians are against inflation and high taxes, WHY do we have inflation and high taxes?

You and I don’t propose a federal budget. The President does.

You and I don’t have the Constitutional authority to vote on appropriations. The House of Representatives does.

You and I don’t write the tax code, Congress does.

You and I don’t set fiscal policy, Congress does.

You and I don’t control monetary policy, the Federal Reserve Bank does.

One hundred Senators, 435 Congressmen, one President, and nine Supreme Court justices — 545 human beings out of the 300 million are directly, legally, morally, and individually responsible for the domestic problems that plague this country.

I excluded the members of the Federal Reserve Board because that problem was created by the Congress. In 1913, Congress delegated its Constitutional duty to provide a sound currency to a federally chartered, but private, central bank.

I excluded all the special interests and lobbyists for a sound reason. They have no legal authority. They have no ability to coerce a senator, a congressman, or a President to do one cotton-picking thing. I don’t care if they offer a politician $1 million dollars in cash. The politician has the power to accept or reject it. No matter what the lobbyist promises, it is the legislator’s responsibility to determine how he votes.

Those 545 human beings spend much of their energy convincing you that what they did is not their fault. They cooperate in this common con regardless of party. What separates a politician from a normal human being is an excessive amount of gall. No normal human being would have the gall of a Speaker, who stood up and criticized the President for creating deficits. The president can only propose a budget. He cannot force the Congress to accept it.

The Constitution, which is the supreme law of the land, gives sole responsibility to the House of Representatives for originating and approving appropriations and taxes.

Who is the speaker of the House, Nancy Pelosi. She is the leader of the majority party. She and fellow House members, not the President, can approve any budget they want. If the President vetoes it, they can pass it over his veto if they agree to.

It seems inconceivable to me that a nation of 300 million can not replace 545 people who stand convicted — by present facts — of incompetence and irresponsibility. I can’t think of a single domestic problem that is not traceable directly to those 545 people. When you fully grasp the plain truth that 545 people exercise the power of the federal government, then it must follow that what exists is what they want to exist.

If the tax code is unfair, it’s because they want it unfair.

If the budget is in the red, it’s because they want it in the red ..

If the Army & Marines are in IRAQ, it’s because they want them in IRAQ .

If they do not receive Social Security, but are on an elite retirement plan not available to the people, it’s because they want it that way.

There are no insoluble government problems.

Do not let these 545 people shift the blame to bureaucrats, whom they hire and whose jobs they can abolish; to lobbyists, whose gifts and advice they can reject; to regulators, to whom they give the power to regulate and from whom they can take this power..

Above all, do not let them con you into the belief that there exists disembodied mystical forces like “the economy,” “inflation,” or “politics” that prevent them from doing what they take an oath to do.

Those 545 people, and they alone, are responsible.

They, and they alone, have the power.

They, and they alone, should be held accountable by the people who are their bosses.

Provided the voters have the gumption to manage their own employees.

We should vote all of them out of office and clean up their mess!

Charlie Reese is a former columnist of the Orlando Sentinel Newspaper.

What you do with this article now that you have read it is up to you, though you have several choices:

1. You can send this to everyone in your address book and hope “they” do something about it.
2. You can agree to “vote against” everyone that is currently in office, knowing that the process will take several years.
3. You can decide to “run for office” yourself and agree to do the job properly.
4. Lastly, you can sit back and do nothing or re-elect the current bunch.


Life is good reminder of the day

better way to show futures debt.

yield on a 30 is 3.5 % today. I bet it is over 5 very soon


Oh My......

Let's see if I can count this up....

70 day CMBs, $30 billion (tomorrow)
13 week Bills, $32 billion (July 27th)
26 week Bills, $31 billion (July 27th)
52 week Bills, $27 billion (July 28th)
2 year Notes, $42 billion (July 28th)
5 year Notes, $39 billion (July 29th)
7 year Notes, $28 billion (July 30th)
19 year, 6 month TIPS (reopened), $6 billion (July 27th)

That's two hundred thirty-five billion dollars over the next week!

we start failing to sell our debt, we are screwed. Interest rates go up and basically unsold houses rot. Nothing will be built and a strong period of deflaion will eventually turn into profound inflation.

stole most of this from Market Watch

Monday, July 20, 2009

Sunday, July 19, 2009

Wednesday, July 15, 2009

Saturday, July 11, 2009


all you little guys take notice. All that "its not the size of the dog in the fight, its the size of the fight in the dog!" people take notice. All you little guys that walk around smug because you are "tough", or "nimble", or "cagey", take notice and learn. Because this is exactly what I would do to you.

love the way that little bastards head moves when hit in that last part. lol

Wednesday, July 8, 2009

the drain

as Tabbibi stated, "If the USA is swirling the drain, Golman Sachs is the drain".

said fucking drain

Tuesday, July 7, 2009

October? a fall in the fall?

Weird fucking weather. You ever see that many lows?