Wednesday, June 20, 2007

What Goes Around ... Comes Around

"Scared Gazans Seek to Enter Israel" ... hmmmm ... didn't they vote for Hamas in a large majority?

"Two Bear Stearns Hedge Funds To Liquidate" ... hmmmm ... didn't that firm kill other mortgage hedge funds with harsh margin calls?

An informed reader wrote me a few days ago about US foreign policy, saying that the US should treat other nations better when it's powerful [i. e. now], because otherwise the US might be treated badly if it weakens. I guess I thought the US did treat other nations well and wasn't taking advantage of them now. We know that "perception is reality". So what must change? The reality [as I see it], or the perception [of other nations]? It's obvious US leaders do a poor job of articulating US positions. What a shocker with Lyndon in charge! Perhaps a better, firmer, clearer, less mushy positions would help the perception, yes?

Decent close in the US markets yesterday - small gains in higher volume. Real buyers are being patient. Grains held overnight - waiting for more weather maps. More later.

PS: Bloomberg [the mayor] becomes an independent. I'm shocked! !NOT! Let me give the uninformed a dose of reality. ANY "liberal" Republican is really a Democrat who can't win the Democratic primary. That is true in NYC and here in Massachusetts and in other Democrat-dominated states. So all Bloomberg did was become a Republican to get on the ballot for Mayor. Once he won & is popular, he doesn't need a party affiliation or organization in NYC anymore. Non-event.

PPS: Odd non-news selloff at the open. I wonder if that liquidation of the two Bear, Streans hedge funds is pressuring prices of some debt securities [subordinated pieces of CBO/CDO/CLOs] that is pressuring other hedge funds who speculation in those complex debt securities. Just wondering?

42 comments:

Bud said...

Non-event? Bunkerman you really need to brush up on your electoral math. The GOP can never win a national election without the support of 'liberal' republicans. Especially in the upper midwest ( also in NH and PA) the R's need to crossover and get liberals to vote for them. Of course I hope the right wing zealots in the republican party trash and boot these liberals from their party. The GOP is increasingly becoming a regional party.....from dixie. That doesn't add up to 271.

Bud said...

Same for the democrats. They also need some conservatives to vote for them. I believe the blue-dog ( reagan ) democrats came home in the 2006 mid-terms.

Bud said...

We have always been a peace-loving country that respected other countries and treated them fairly. Because of our own history as a colony the US never had colonial or imperial objectives. Probably the first superpower in history that didn't use it's armed forces to invade and occupy. That was until 2000. The current despicable administraion has ruined post-war ( and cold war) standing in the world. Only because the neo-cons obsession with removing Saddam from power. And when the rest of the world ( especially our euro allies) would not go along with their lies....Bush and Cheney and Rummy decided to trash them. They are such disgusting low-lifes. The next administraion ( no matter which party wins) I am sure will restore our previous standing in the world.

Bud said...

Corn and wheat trade the same hours as crude? Do they close at 230 on nymex? And trade electronically rest of day?

Bud said...

Hey Mern...the Police gonna be in miami on july 10. I'll be there. Nytimes had a review of them at a mainly 'jam-band' music festival in tennessee....sounds like they are doin their hits and also 'jamming'. Mixing in their songs extended guitar solos and jazzy riffs. Should be a good time....i never seen them before.

Bunkerman said...

He's not going to run. That's what I meant. He has zero chance of winning.

Bunkerman said...

True, Bud. Many blue dog D's went back, as Lyndon did nothing to help them.

Pelosi's radical leftism can drive them away, though. Ditto Hilary.

Spin-em said...

Bud...Did you download Hillary's theme song to your ipod yet?...

Bunkerman said...

corn & wheat have different hours than crude. Electronic trading reopens at 7:30PM ET, then closes at 7AM ET.

Bunkerman said...

Corn & wheat (pit & electronic) open at 10:30 AM ET and close at 2:15 PM ET.

Bunkerman said...

Actually, Bud, the Kosovo+Serbia war - sponsored by the EU - hurt US perception in Russia & Ukraine first. And since Saddam was mass murderer as well as Milosevic, what was the difference, except that Saddam paid off the EU nations? Of course Saddam had a proven record of invading neighbors, too.

It's not easy to make such distinctions when one examines them neutrally.

mern said...

LOL, spin. hildog copying the sopranos.

watched the first johnfromcincy. WTF? that show is out there.

man we been messing with the middle east since forever. first we planted "the shaw" in iran. when he got overthrown, we got into bed with saddamn. we got into bed with bin laden to get rid of russia.

now we arming the sunnies to fight al queda.

we have to pullout. the question is do we pullout and leave, or pull out and make glass?

i sorta look at the part of the world like a cancer and if its not dealt with, dirt nap for everyone (except for the ones with deep bunkers). we nuke cancers in our bodies and while it sux, its better than the alternative, which looks like a long drawn out bs war, that ends with nukes being tossed around by us, russia and china.

have a nice day ;-)

ya bud we have always been peace lovers, just ask the american indians.

saw some "banaroo" highlites, "the police" coming here the day before, have 0 interest. also saw jimmy herring has joined "widespread panic". he has been in the band almost a yr, and once he gets thier songs down, that becomes (instantly) the best jam band still around. herring can make it rain. he likes jimmy paige on steroids and cocaine

Bud said...

Where can i see banaroo hilites?

mern said...

goog banaroo. then figure it out for yourself. it took me some time, but there is a webcast

Bud said...

My bad mern.....the US did commit a genocide on the american indian. Ethinically cleansed north america.

Bud said...

Jonfromcicni is waaaaayyyyy out there. Have to listen closely to really understand the dialogue.

Bunkerman said...

hmmm. Perhaps the Budster is unfamiliar with Iroquois history - how they killed every non-Iroquois Indian between New York & the Great Lakes - Ohio river- Mississippi river area before 1700.

Or that the Great Plains were mostly uninhabited before the evil white man brought the horse, which permitted the Sioux & other tribes to expand & live there.

A bit more complex.

Bunkerman said...

In the modern definition, I suppose every group of man on earth committed genocide at one time or another in history or pre-history.

Unfortunately, such expansions of the word really demean true genocides like Hitler's.

mern said...

watched this german flic sat nite. basically hitlers aid (women), that was still alive till recently. pretty gud movie. hilter was proud right up to the moment he offed himself that he wasted like 6 million jewish people.

pacman jones shooting strip clubs, 280,000 hits today on goog. he cud be the biggest idiot of all time. currently tyson leads, but pacman coming up fast

Bud said...

The white man brought the horse. Huh? Apparently Bunkerman only shops for books in the 'fiction' section.

Bud said...

Mern don't believe everything you read about pac-man. The racist white sports media (and cops) truly hate young black males with money.

Spin-em said...

especially with concealed weapons..booyaa

Bud said...

Rofl 'concealed weapon'. Don't forget the dime-bag or 8-ball spin. Only in the pocket of a black man do his keys and wallet look like drugs and a gun to the cops. Cops are racist pigs. Especially the miami cops down here.

Bunkerman said...

lololol Bud - didn't you know that horses were extinct in the Western Hemisphere until the Spanish brought them? Sheesh.

There were horses here long before that, but the wise Indians probably ate them all.

ROFLMAO !!!

mfl59 said...

Bud are you still convinced the media is wrong about your boy Mike Vick?

mern said...

bud r u out of your mind? hes been in 16 altercations with the cops in like 18 months. hes been arrested 6 times. and in the past few weeks since his "self imposed 12pm curfew" hes been pulled over for speeding 74 in a 55 at 1240am and at a strip club well past 3am.

he only makes a mil a yr, before taxes and hookers.

he just had a kid a few months ago, and hes consistently gang banging at strip clubs till the early am.

shudnt he be at home, watching his daughter. getting home before 12pm. its very clear goodell aint gonna deal with him much longer and the titans r moving away from quickly.

i used to goto see the dead all the time. the cops were everywhere looking for people like me. i got arrested one time, and i was sleeping when it happened. if u gonna be stupid, u have to keep a low profile. if u dont, it just makes u an idiot that wants attention.

pacman wud be having a lot more fun, if he wasnt so obviously trying to get caught.

the real party animals keep a lo profile, or they end up in jail.

;-)

Bunkerman said...

Uh, Bud, if you don't believe me re the horse, try

http://www.discoverseaz.com/History/Horse.html

:-))))))

Bunkerman said...

I think my second "PS" today is correct => liquidation & margin pressue in beefers who speculatied in CDO/CBO/CLO & complex mortgages as well as stocks.

I think real buyers will be patient & come in when the dust settles.

Bunkerman said...

Leaving in a few minutes to go exercise my Second Amendment rights. :-))))

Good luck.

Bud said...

Looks like mfl got the 'cracker' version of american history at Rutgers. Black men been falsely accused and convicted ( and executed) of crimes in the south for centuries. Nuthin new there. Mike Vick is amultimillionaire livin in the south....he's a target. It's such a disgrace.

PS...'the new south'....roflmaooo

mern said...

hes a target and they found drugs and dog fighting stuff in his house. he is pretty clearly big into whatever u wanna call it.

people like vick grew up with that stuff. just becuase i think a dog is probably more valuable than most humans, doesnt mean im right.

we eat pigs, cows, etc. im pretty convinced if we have a "soul" so do they, but if from the time u were born, dog fighting, cock fighting, whatever was everywhere, its gonna be in your nature.

but again, keep a lo profile. u cant do that stuff in upper class nieghborhoods without attracting attention to yourself.

u wanna do that, fine, do it in the woods on the other side of the tracks.

if pacman wants to goto strip clubs all nite long, fine (even though u have a kid). take a limo and leave the guns at home.

if u wanna roll with the homies for the long term, u keep a lo profile. just like frank told tony in scarface.

u dont think jordan hasnt done a lot of stuff we havent heard about? hookers, strippers, etc while being married, but he keeps a really low profile. excuse my french but he doesnt act like a stupid nigger, like pacman or vick.

mern said...

yes bud, the warden wud be very mad at me if she read that. but her dad wud agree 100%. and since he is 100% black, hes got more credibility, than the warden

lol

maverick said...

The Reverend Jesse Lee Peterson may disagree Bud

Bud said...

I dunno who that is...but good.....I always like it when I disagree with a reverend....sharpton, jesse, falwell, pat roberston etc... All of them are street pimps, hustlers or snake oil salesman. Amazing the more religous someone is...the more hate they have in them. I am the least religous person in the world and I don't hate anyone. Uh....except of course republicans. Lmaooooooo

Spin-em said...

you may not hate but you sho nuff piss n moan enough budizzle..lol

mern said...

im not religious.

and i dont like most people.

the longer i live, the more i like dogs

Spin-em said...

agree mern...people suck

mern said...

:-)

mern said...

remember "lil bush" at 1030, comedy central. set your tivo or dvr

that show is too funny

mern said...

The police report says Jones showered dancers on stage with money from a black plastic trash bag -- an act of tipping known as "making it rain." When two dancers began fighting over the money, Jones allegedly grabbed one by the hair and punched her.

Jones is accused of swinging his fists and threatening the life of club employees who police said tried to intervene, and is seen on videotape punching a man who police identify as his own business manager.

Langford has called the melee "a glorified bar fight," and said nothing linked Jones with the shooting outside. He said Jones cooperated with police on DNA comparisons that failed to show the NFL star was responsible for a bite injury reported by a bouncer


he will never play another game in the NFL. clearly a model citizen brought up on trumped up charges. YA RIGHT!

mern said...

HOLY SHIT BALLS! my old firm, brookstreet took a big ole dirt nap today.

300 mil margin call on CMO's, pfffffffffft see u later. only 11 mil in working capital.

i knew those guys cause one of my old clients got totally screwed by them. he was telling me "im making 20% in low risk cds". i laffed my ass, next thing he was down 20% asking what was going on. i told him it was very high risk stuff and put him into liquation mode over a yr ago.

my best friend, who is poorer than bud, is owed 5k by brookstreet. plus he is gonna have to tat his whole book to somewhere else.

WOW!

im going to work for gunn allen, they r talking to most of brookstreets brokers. i mite become my old managers compliance officer. ROFL

Bunkerman said...

Hmmm. Good info, thanks Mern. Maybe I was right about the margin calls in beefers and others by the CMO mess started by Bear ["BS" lolol].

So this dip is a buy. Gotta find an entry.