That sentence in French was Friday's "La Phrase" - the French noun, "fripon" translates as "knave". And that sentence was also used in Thursday's "Zdanie" as an example for Thursday's Polish Słowo Tygodnia, "niegodziwiec" which also translates as "knave".
Today's news brings many, many examples, as well as some knaves getting into trouble.
The President of Honduras, a Chavez wannabe, wanted to hold an unconstitutional referendum to gut the constitution so he could remain in power. At least the Honduras army had the backbone to stand up to him and kick him out. It's laughable how some politicians [read: Obama] are calling for his reinstallation. What are constitutions for ? Oaths to uphold the constitution need to be respected. If a knave violates it, he should get the boot.
WSJ: "BUENOS AIRES -- President Cristina Kirchner suffered a stunning setback in Argentina's congressional elections, losing absolute majorities in both houses of Congress. Mrs. Kirchner's husband and predecessor, Nestor Kirchner, lost his own bid for a seat from Buenos Aires province in Sunday's election." I wonder if the people of Argentina might be awakening from their multi-decadal infatuation with demagogues.
The NY state senate continues its farce. Members refuse to work. I suppose they are fighting over patronage and payoffs, and whose will be cut in the budget cutbacks.
The California gridlock continues. That state will run out of money to pay bills any day now. States relying on "soak the rich" taxation systems incur the costs of that folly. In hard times, that income drops fastest, leaving huge budget holes. This happened in the tech bubble, too.
The US House of Representatives passes a foolish climate change bill to kowtow to Obama and the Greenies. Of course that bill is larded with provisions that are untenable, such as tariffs on goods from China and India. Fat chance those have of ever coming into force. Any legislator pointing to those to justify his vote wears the label, "knave",
Five examples are enough.
Ooops, one more: a Bible toting, values touting governor of South Carolina gets caught taking very, very private Spanish lessons from his Argentine mistress. He's married with four kids. Sheesh, what a knave.
Markets
Doing nothing. As more news of economic recovery appears, the bears should be suffering slowly on the rack. Chance of an upside buying panic will grow. Target: that air pocket in upside resistance from about S&P 950 to 1200. A solid recovery should get the S&P back to 1200. After that, the details will matter.
Word of the Day
"Provenience" - noun [$10]
Provenience means origin, source.
Sentence: The provenience of power for knaves is the fatuity of the people in a democracy. This caused the destruction of the power of Athens in the Peloponnessian war 2,500 years ago. Will the people ever learn ? No. This is why the US constitution provides for a republican form of government with distributed power and many checks.
Le Mot du Jour
"Tromper" - transitive verb, regular -er conjugation
Tromper means to 1. deceive, to fool, to trick; to be unfaithful to, to cheat on; to mislead; 3. to elude
La Phrase: Les fripons peuvent souvent tromper le peuple. Pourquoi ?
Sentence: Knaves can often fool the people. Why ?
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53 comments:
some here would gloat on this weekends sweep...but Im just going to sit here and finish my English muffin and juice.....like a gentleman......
hey stone legs..how'd ya shoot???looooool
lol.
I see USA choked vs. Brazil. Sighh...
Hmmm, I wonder how far Costa Rica is from Honduras ?
Didn't that gov't instability risk come up here ?
btw, Spam, valveeta + a fried egg goes mighty fine with an English muffin.
Does Jeffrey Immelt read this blog?
"The recession is over"
yes he is a true clairvoyant ($10)...
he probably does read this ... soo many prominent people do seem to get their ideas here.
Jeffrey Immelt couldnt find his dick with 2 hands and a map....
sorry for the vulgarity Mrs B, just trying to make a point....
that might sound better in Italian. Hmmm
perhaps simply,
Immelt non può trovare suo cazzo.
Immelt can't find his dick.
Anyone have a Mets score from last night? thanks...
sorry..I didnt see mike...maybe your dad knows......
Bunkerman how much $ did you have with Bernie Madoff?
3 game set in the big apple this week...where the heck is my BFF...lil help here...calling off the dogs this week indeed.
Bunky...real buyers in action this morning...roller or brush???
real buyers, imho.
moi, $ with da'Bern ? Surely you jest.
roller or brush lmaoooooo.....
come on Bob...no such thing per niegodziwiec "jim"
some beefers could be frontrunning Q3 funds flow.
big beef is in the Hamptons for the week....
USA soccer pfftttt...it isnt even a sport...rather watch USA ping pong......
Youth soccer....YOURE ALL WINNERS!!!!!LMAOOOOOOOOOOOO
then ya get...
OH RIGHT SPIN....80% of the world..think its a sport!!!
to that I say
80% of the world thinks theres a god...so......the masses are right about one thing...and wrong about the other???...pfttttt..looool
it's pretty obvious Bernie hoped to die before being found out.
what a bunch of scum sucking jizz swallowing manbeaver licking g-units yankee fans are
well .....what can you expect from a bunch of douches born to gonnorhea infected whores
die yankees die !!!!!!
Bman ..........is private equity an 'assett class' ?
Bman.........are commodity futures an 'assett class' ?
Bman....... are double leveraged ( also inverse ) etf's an 'assett class' ?
"When you pay more for your shortstop than you paid for your team, that ought to be a warning sign that your labor costs are out of control," Bush told Texas Monthly's Paul Burka, 12-2000
private equity is just leverage equity - NOT an asset class
commodity futures are NOT an asset at all, and hence not an asset class. [every long has a short = no net asset.) Ditto options, and all derivatives.
owning timber, or real oil or real gold IS an asset class.
ETFs are not an asset class - just fancy mutaul funds.
beefers are NOT an asset class - just a way for greedy managers to grab bigger fees.
barrons agrees with you Bman..........do they read this blog ??
cover story on your alma mater Harvard ( and others) down big on these so-called 'assett classes'..........and now returning to stox and bonds
sure, Barron's reporters read this blog (not Abelson).
"jizz swallowing"...very mern like indeed
"It should be slow all week as folks look forward to the Fourth of July weekend."...indeed, who has time to trade when there are so many visa skim tickets to punch...100% cash indeed....thx jim
Bernie gets the sesquicentenary [$10] sentence. Good.
that might deter some younger hogs.
muching animal crackers...chomping the heads off deere and cat...saving a pile of mariner moose untouched, for my wing, just in case.
oh, btw, Sky got 4th & 6th place out of 20 dogs in this weekend's sheep herding trials. Quite good for a rookie dog & handler. Showed much talent, per the judge.
yes who represents the American league in World Series preview starts Tuesday night....."good luck bob"...at least we can conduct ourselves like gentlemen
6th place out of 20? is that what America has turned into? everyone gets a trophy, winning irrelevant....
lol - the ribbons were pretty. They gave them out to up to 10th place.
With no prize money, etc, they need to offer people something to drive three hours to do one two minute run per day.
the entries aren't free, btw. Plus overnight motel, food, etc.
ALERT!!!!...flazzhole finds fountain of youth in jims garden...he's now 41
LMAOOOOOOOOOOOOOOOOOOOO 63
he actually almost won - a few points separted win & 4th.
a 6th place jersey dog's next training course would be crossing the turnpike during rush hour.
was that down here Bunk?
no, this weekend was near Albany.
Sky messed up last week ... ditto the handler. Learning by doing.
Soon they'll be #1.
wow Bunky good plate discipline...I figured I could get you to chase that one..
perhaps the recession is really over....
My dad's tv died after 25 years...he went to Costco to buy a new one....he said people were piling tvs into their carts like they were going out of style...
score one for Bunkerman...
mighta been a good xmas gift the last 15 or so years mike...lol
lmaoooooo....if it aint broke dont fix it....
loooooooool (high five)
bernie's son starting a new investment service based in NC...it is known as jewsharkinvesting...I suggest the premium product, the jewtank.
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