Wednesday, April 8, 2009

Another Whatnot Wednesday

Not much is going on. And I slept in.

The SEC meets to discuss revised short selling rules. But they aren't talking about derivatives or market maker exceptions or anything else vital to the success of the regulations.

A Chinese ring to supply Iran's nuclear program is uncovered. What a shock ! Gosh, and China opposes sanctions on Iran and North Korea. Russia and China just can't seem to get away from the old behavior patterns of the Cold War - the endless monkeyshine* to create problems for the free world, particularly the US. [*a recent Word of the Day]

Alcoa reports problematic revenues and earnings. That's no surprise from a a firm with chronic problems and poor management.

Markets

Good pullback yesterday and futures are down this morning. I am waiting for this correction to run its course to make some re-adds in all my funds.

Word of the Day

"Deracinate" - verb, transitive [$10]; literary
Deracinate means 1. to tear up by the roots; 2. obliterate, expurge.
Sentence: Today's SEC hearing on short selling and its neglect of credit default swaps is a perfect example of why the entire system of financial regulation must be deracinated and created anew as a rational structure.

Le Mot du Jour

"Exiger" - verb, transitive; regular -er conjugation like manger
Exiger means to demand, to require, to insist on (qch de qn - sth of/from sb)
Le Phrase: Le gouvernement exige trop d'impĂ´ts de l'homme du bunker.
Sentence: The government demands too many taxes from Bunkerman.

38 comments:

Bunkerman said...

I just fixed an error in La Phrase. I make a lot of elementary errors in my French. More practice is ecessary.

maverick said...

The guest is William K. Black, a former bank regulator. Black
claims that the bankers are covering up the magnitude of the
problem. The politicians will not fire them because they don't
want the scam exposed either.

http://www.pbs. org/moyers/ journal/04032009 /watch.html

mern said...

http://politicalhumor.about.com/od/bushvideos/youtube/bushfoolme.htm

ah the gud ole days!

he makes the spearchucker look great, doesnt he.

Bunkerman said...

Hmmm I wonder if Black sees black helicopters ?

I have seen them, by the way, fly over my house some weekends. Spying on me, I suppose

;)

mfl59 said...

RT you son of a gun Bunkerman....

well done big fella

Bud said...

when does mern call for charlie manuels firing ?? couple more losses shud do it


PS......charlie is fat......does he have a lo-iq as well ??

Bud said...

i wonder why the Bman doesn't take out those helicopters ??

Bunkerman said...

I've let the tress grow in so they can't see much.

No need to open hostilities ... best to wait and prepare

;)

mfl59 said...

Bunkerman please give your analysis of the PIPP or whatever the heck Fast Timmy's plan is called for getting rid of the toxic waste from banks...

Bunkerman said...

I'll wait until he finalizes it - a moving target is hard to hit.

mfl59 said...

http://www.youtube.com/watch?v=0pk--Ox49L0

your boy Barney Frank Bunkerman...long live the Commonwealth!

Bud said...

ummm Bman......you only practice hitting beer cans and beat up pinto's at your 'club' ??


not good..........the bad guys will be on the move when they penetrate the bunker defenses


better sharpen those sharp-shooting skills or perhaps enroll in bob mundens school

Bud said...

i am so F'NG sick of this stupid uptick rule !!!!!!


reinstate it please......and let's move on

mern said...

jesus christ i feel like annette benning, in american beauty.

"i will this house today! i will sell this house today!"

im gonna start smacking myself around in the about 30 minutes.

mfl59 said...

mern are you telling us that housing has not bottomed?

mern said...

LMFAOOOOOOOOOOOOOOOOOOOOOO

ty!

mern said...

25% of my hood is a short sale and that is my advantage!

i can be out of here in 30 days.

this area: google "wesley chapel"

all it talks about how fast it is growing and it was but they overbuilt by say 20,000 homes and condos. they still building out the commercial stuff, to. malls going up everywhere.

they really needs to build out the roads, before anymore malls. the freaking traffic here is the worst ive ever seen. worse than NYC or philly, much worse!

mern said...

http://www.pbs.org/moyers/journal/04032009%20/watch.html

i get an error from this link, is it right?

Bud said...

annette benning


lmaooooooooooo


that was a weird flic......good...... but weird

Spin-em said...

Bud relates to the angry wants a grudge bofff father

LMAOOOOOOOOOOOOOOOO

maverick said...

try this mern
http://tinyurl.com/clrjao

mern said...

lol spin

geesh

mern said...

so bud secretly wants bob to be his daddy?

:-)

mern said...

this link reminds of the movie "maxed out", but going forward. well he makes the jew, look bullish.

"ninja loans"
lol

i can attest, when buying homes in the early part of the decade, it was insane and scared me. i cud get a house appraised at whatever i wanted. i was making 200k a yr, and they wanted me to say 400k. thats y i got so freaked in 2004. when i refied my old home, to get a loan to buy the dog shop, it was total bs. they were cutting checks and cud care less what you were doing with the money.

"bernie was a piker!"

rofl !!

"100 to 1000 times worse than the S&L crisis"

Spin-em said...

frosty turned him down while lifting in garage....frosty just wanted a joint...not that kind of joint Bud...get back home straighten ur desk....

mern said...

if he is right and we are repeating the mistakes of japan in the banking sector. add that to the demographics, and its about the same picture.

mern said...

thx mav!

man he slammed geitner, at the end.

old school suplex

Bunkerman said...

ahhhhhh ... just got my taxes done, Fed & state

mfl59 said...

Bud you need to oreder this DVD if you want to lower that yhoo #

www.philsdvd.com

Bud said...

yes !!

i saw a commercial for it last nite.......lemme check with my coach first


' disguised as a pga pro '

Bud said...

phenomenal bunker lesson

iwas comin in too shallow.......and once again weight on the back foot


fixed.......holy smokes .......i'm goin for the hole now


bring it on bitch

mfl59 said...

get your belly button to face the target son....everything else is cream cheese

Bud said...

lemme ask u a question ace

are you a pga pro ??.......huh??.....i didn't think so


i'm takin lessons from a professional.........400bux for 5 1-hr lessons


when i need assistance.........i go to the pros......sort of like in the


'L'aquarium de requin'

mfl59 said...

lmaoooooooooooo well done son...

you are a swindler's wet dream...

Bud said...

lmaoooooooooooooo 'wet dream'


yup.......i am a sucker

Frosty said...

"yup.......i am a sucker"...
indeed...Mern's nickname after your last visit hooooover...suck chrome from a trailer hitch, golfball through a graden hose...nonono leasons required, just practice.

Mav said you could cure my head cold.

Frosty said...

Look you prick...your not funny...we are not friends...knock your teeth out...do I have it covered.

I think so

Bud said...

lmaoooooooooooooooooo


well played bob...........well played indeed