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Title: Mcgowanjm Wire 2012
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Published: Feb 26, 2012
Author: Various
Post Date: 2012-02-26 09:15:13 by A K A Stone
Keywords: None
Views: 1374109
Comments: 2390
Mcgowinjm Wire Service.
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#840. To: All (#839)
Our standard of living will approach that of the current 3rd World. This is inevitable now, its just a question of how long it will take to slide down and how the society will adjust to the new reality.
Here is the good news: we are 100.4% certain JPM was the ONLY prop trading bank to be massively, massively short IG9-18 into this epic blow out. Because if other had suffered billion dollar losses, they would all pull a Jamie Dimon and fess up. Right?
Warning: This commentary is not for the faint of heart. I thought I'd start this particular Monday morning, May the 14th, with a little rant. Sometimes it helps to ditch the uber-rational, cool-headed analysis and remind people just how screwed up things are on this third toxic landfill from the Sun. BUWHAAHAHAHAHAHAHAHAHAHA ....8D
Just checking in Jim; I had 'puter problems for several days and now I'm connected again. I'm excited to see Saturday's Preakness.
If you were a Muslim terrorist seeking retribution for Washington’s crimes, would you try to smuggle aboard an airliner a bomb in your underwear or shoe in order to blow up people whose only responsibility for Washington’s war against Muslims is that they fell for Washington’s propaganda? If you wanted to blow up the innocent, wouldn’t you instead place your bomb in the middle of the mass of humanity waiting to clear airport security and take out TSA personnel along with passengers? Terrorists could coordinate their attacks, hitting a number of large airports across the US at the same minute. This would be real terror. Moreover, it would present TSA with an insolvable problem: how can people be screened before they are screened? Or coordinated attacks on shopping malls and sports events? Why should terrorists, if they exist, bother to kill people when it is easy to cause mayhem by not killing them? There are a large number of unguarded electric power substations. Entire regions of the country could be shut down. The simplest disruptive act would be to release large quantities of roofing nails in the midst of rush hour traffic in Boston, New York, Washington DC, Atlanta, Dallas, Chicago, Los Angeles, San Francisco. You get the picture: thousands and thousands of cars disabled with flat tires blocking the main arteries for days. Before some reader accuses me of giving terrorists ideas, ask yourself if you really think people so clever as to have allegedly planned and carried out 9/11 couldn’t think of such simple tactics, plots that could be carried out without having to defeat security or kill innocent people? My point isn’t what terrorists, if they exist, should do. The point is that the absence of easy-to-do acts of terrorism suggests that the terrorist threat is more hype than reality. Yet, we have an expensive, intrusive security apparatus that seems to have no real function except to exercise power over American citizens. Paul Craig Roberts EXACTLY.....BOO
As iron sharpens iron, So a man sharpens the countenance of his friend. -Proverbs 27:17 (NKJV)
As iron sharpens iron, So a man sharpens the countenance of his friend. -Proverbs 27:17 (NKJV)
Thanx for the lead in to talk about Israeli's at the USSA tit....;} H.R. 4133, the United States-Israel Enhanced Security Cooperation Act of 2012, was introduced into the House of Representatives of the 112th Congress on March 5 “to express the sense of Congress regarding the United States-Israel strategic relationship, to direct the president to submit to Congress reports on United States actions to enhance this relationship and to assist in the defense of Israel, and for other purposes.” The American Israel Public Affairs Committee (AIPAC) reportedly helped draft the bill, and its co-sponsors include Republicans Eric Cantor and Ileana Ros-Lehtinen and Democrats Howard Berman and Steny Hoyer. Hoyer is the Democratic whip in the House of Representatives, where Cantor is majority leader. Ros-Lehtinen heads the Foreign Affairs Committee. The House bill basically provides Israel with a blank check drawn on the U.S. taxpayer to maintain its “qualitative military edge” over all of its neighbors combined. It requires the White House to prepare an annual report on how that superiority is being maintained. The resolution passed on May 9 by a vote of 411–2 on a “suspension of the rules,” which is intended for non-controversial legislation requiring little debate and a quick vote." The AustroHungarian Empire could only dream of having the KAiser do the same....And history calls THAt a blank cheque....LMFAO A Congress with a 10% Approval cast a 411-2 vote for Israel....8D Feel like a Third World Country yet?
Wondered why RedLeg checked in. Seems if anyone but me posts here, it gets checked.....;} Still going with Bodemeister.
So what happens when a major retailer hires a CEO away from a personal electronic conglomerate who has no experience in retail? This, as reported by Market Watch: J.C. Penney Co. said on Tuesday that it swung to a first-quarter loss of $163 million, or 75 cents a share, from a profit of $64 million, or 28 cents, a year earlier. Sales fell 20% to $3.15 billion. On an adjusted basis, the company said it lost 25 cents a share. Analysts surveyed by FactSet estimated the Plano, Texas-based company to lose 1 cent a share on sales of $3.45 billion. Comparable store sales tumbled 19%, also missing estimates.
I don;t think JPM's gotten out of their position yet. But I do think the FedRes is doing all in their power to cover....;}
The problem with bank runs is that once they start, they don't stop. Look forward to not hearing a WORD about any bank runs anywhere. Except for maybe our closest colonies....and there will have to be video.... like say the Brits... "Machine-guns will for the first time be toted by guards on the London tube. Police special forces, "trained to kill", will wear balaclavas to avoid identification. There are to be naval landing craft roaming the coast off Weymouth and submarines at the ready. The Olympics have become a festival of the global security industry, with a running and jumping contest as a sideshow. No one in government dares call a halt. Nero in his prime could not have squandered so much money on circuses. O Boy! Walking past Mask wearing Mercs with shoot to kill mentality on the way to Fun& Games.... sounds like Berlin 1936 on steroids....8D
Silver's $2 away from a 50% retracement and the Conventional Wisdom is that the Bull Market for PM's is STILL intact....;} And oil. And cotton....not so much....;} Mr Margin Calling on Line 1, sir. Says it's urgent....
Now Simulposting TM to me...;} at
The MSM should stop harping on Greece, its done. The real story is what will Greece's bust bring about. Watch MET and PRU now. They're in the vortex.
Lone speed...looks like a good bet. Morning Line odds 8/5 aren't generous though. Best of luck!
An interesting world you live in:) However, when I think things are "normal" I just check in here to see what you have to post. BTW, the weather cooled down quite a bit in Central TX.
As iron sharpens iron, So a man sharpens the countenance of his friend. -Proverbs 27:17 (NKJV)
It's cooler here in Kentucky. I'm heading to the track for a few races.
Add in the silent boycott of Christians against JCP taking on Ellen Degenerate their spokesman.
As iron sharpens iron, So a man sharpens the countenance of his friend. -Proverbs 27:17 (NKJV)
Not a horse racing fan like my brother. When is the next leg of the triple crown?
As iron sharpens iron, So a man sharpens the countenance of his friend. -Proverbs 27:17 (NKJV)
The Preakness this Saturday...about 6:30 pm I think. mcgowanjm is picking Bodemeister. At the moment I like the long shot, Cozzetti.
Who's running the show. Whoever came up with the term: 'accelerated withdrawals' to describe Spain/Greece Bank Runs....;} By The Washington Post Published: May 17, 2012 Updated: May 17, 2012 - 12:00 AM » Comments | Post a Comment ATHENS, Greece -- With Greece's future in the euro increasingly in doubt, the troubled nation cobbled together an emergency government on Wednesday and set a date for new elections amid fears that accelerated withdrawals by spooked depositors could escalate into a run on the banks.
I'm gay....;}
And Pagan Gnostic....;}
And this is Planet Hell.....;} Thu May 17, 2012 8:03am EDT (Reuters) - A spreading bank run could hasten Greece's exit from the euro zone but it certainly doesn't have to end that way. It is far less clear what the impact would be should the wave of withdrawals accelerate in other peripheral states such as Spain or Portugal, which are further from outright revolt over German-led austerity, and which, due to their sheer size, will enjoy a vastly improved negotiating position. Reuters/Washington Post: Who came up with the Orwellian term: 'accelerated withdrawal' to describe a bank run...LMFAO He's not dead, little girl, he's just sleeping for a long time.....8D
And Pagan Gnostic....;} LOL! I KNEW IT!
I would like a complete clear-out of all those politicians still hooked on the lazy, mendacious, and altogether unimaginative habit of saying “Let me be clear (about this)”. Not only that, as there is obviously no clear blue water between any of the buggers on this issue, I wish to make clear that there is clearly a very strong chance that a clear majority of politicians may fall victim to my let-me-be-clear-seeking sledgehammer, club or truncheon. Because it’s important to clear up any misunderstanding about just how clear-air-headed these clear-drivelling idiots are going to be if they persist in claiming to be clear when it is abundantly clear that their objective is to be a clear as mud that has had every scintilla of clarity removed from it by a clearance specialist.....;} -hat4UK
And Pagan Gnostic....;} LOL! I KNEW IT! I haven't been hiding it. I'm not Mad Dog...please.....;}
May 17, 2012 EURO FUTURES: Is Jamie Dimon trying to get his money back? This from normally reliable Asia-based sources: JP Morgan is building massive short positions on the Euro throughout Asia. Almost all are timed to around Mid July.
* Wall Street Journal: * Defiant Message From Greece. The head of Greece's radical left party—throwing down a gauntlet that could increase tensions between Greece and its frustrated European creditors—said he sees little chance Europe will cut off funding to the country but that if it does, Athens will stop paying its debts. A financial collapse in Greece would drag down the rest of the euro zone, said Alexis Tsipras, the 37-year-old head of the Coalition of the Radical Left, known as Syriza, and potentially the country's next prime minister. Instead, he said, Europe must consider a more growth-oriented (MY EDIT-Impossible;) policy to arrest Greece's spiraling recession.
The Smoking Gun: the 3m EUR/USD basis swap spread & JPM They track each other exactly....;} http://www.barchart.com/chart.ph...st*l*=technical&template= http://www.zerohedge.com/sites/d...2/05-2/20120518_basis.png With the the 3m EUR/USD basis swap spread The Precursor. Meaning that that JPMorgan should drop to >< $31.50 Roughly another $2.50 drop from here and That's if the 3m EUR/USD basis swap spread doesn't get worse....meaning that Europe has all the $'s it needs/wants &/or it has more collateral good EuroLoans it can swap into dollars. JP Morgan is hoping all tha..the above is good.....;} Please Dear God Let us continue to do the Lord's Work Just as you are Letting GoldmanSachs Love is All Jamie Dimon 8D
J P Morgan Chase & Co (JPM) 33.50-0.43 (-1.27%) 9:39A EST (NYSE) - About $2 more to the downside. JPM should now be considered a proxy for the Federal Reserve. Working with the Rothschilds to do God's Great Works dontcha know.....;}
Compare the Spain IBEX Market with World Shipping prices represented by the Baltic Dry Index: IMG[investmenttools.com/f.../bdi_baltic_dry_index.htm Like a matched pair of horses. Those two also show the blatant manipulation by the USSA of our own markets.
Don't tell me, you are also Jesuit educated:) LOL!!!
As iron sharpens iron, So a man sharpens the countenance of his friend. -Proverbs 27:17 (NKJV)
www.declineoftheempire.co...-of-ecosystem-change.html So it doesn't matter whether policymakers know about this extinction disaster or don't know about it. This study, like every other similar study in this and other research areas, will be ignored by policymakers. Yes, it will be cited by researchers doing future studies along these lines, which will also be ignored by policymakers. This science is serious stuff, and that's why I'm reporting it, but I'm sorry—when people start talking about making policymakers aware of the problem in the expectation that something will actually be done about it, I can't take that seriously at all. Have a nice weekend."
#24. To: All (#1) J P Morgan Chase & Co (JPM) 33.64-0.29 (-0.85%) 9:44A EST (NYSE) - About $2 more to the downside. IF the EUR/USD Swap is holding....;} JPM should now be considered a proxy for the Federal Reserve and the Rothschilds for all those thinking the 'R's are running the show....;} mcgowanjm posted on 2012-05-18 10:02:14 ET Reply Trace Private Reply #25. To: All (#0)
FaceBook EPIC FAIL Morgan Stanley will need to Re IPO the Stock again Monday as ALL of the shares have been returned to same. But this time Naked Short Selling will be in play....;} mcgowanjm posted on 2012-05-19 9:02:52 ET Reply Trace Private Reply Edit #26. To: All (#25) But Thank God we won't be hearing anything from now on but Facebook turning into a Dumpster Fire....;} "But most stocks are tremendously overvalued at this point. Yes, Facebook has 900 million users and it made about a profit of about a billion dollars last year. But that does not add up to an 81 billion dollar company. Not even close." Enron comes to mind. theeconomiccollapseblog.c...t-great-wall-street-party mcgowanjm posted on 2012-05-19 9:05:01 ET Reply Trace Private Reply Edit #27. To: mcgowanjm (#25) And when the shares started to fall towards the offering price, it seems the bankers worked like mad to try to "support the deal." In other words, the investment bankers -- who have an agreement to make a market in the stock -- likely began buying shares themselves to keep it afloat. And it makes sense. The bankers don't want to see it close below the offering price. The stock closed at $38.27 -- below where it opened, and just above the offering price. For the bankers, this was not casual Friday. I heard FB stock had to be shored-up to stop it from falling further. http://news.cnet.com/8301-1023_3...ter-the-hype-a-ho-hummer/ Forget the 1%. The Rise and Rise of the Super-Rich (the top 0.1%) Robin posted on 2012-05-19 9:06:13 ET Reply Trace Private Reply #28. To: All (#26)
“Loss of biological diversity due to species extinctions is going to have major impacts on our planet, and we better prepare ourselves to deal with them,” Shouldn't new species just evolve? Everyone evolved from nothing. So from your position you must argue that it is possible for all extinct creatures to re evolve at some point in time.
They do. Constantly. Deer on isolated islands get smaller within generations. People in crowded ghettoes the same. The problem is the evolution can't occur as fast as the ecosystem is changing. And/or niches are wiped out by say a Brazilian iron ore Corp.
UMMMMMmmmmm...no. Rocks, elements, chemicals, information, energy...but not nothing.
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#841. To: A K A Stone (#0)
#842. To: All (#841)
#843. To: mcgowanjm (#842)
#844. To: All (#39)
And then the wo/man calmly walked out the front door, got in a car, and drove away, telephoning the Taliban to report FOUR men killed....;}
#845. To: mcgowanjm (#664)
#846. To: Fred Mertz (#843)
#847. To: redleghunter (#845)
#848. To: Fred Mertz (#843)
Just checking in Jim; I had 'puter problems for several days and now I'm connected again. I'm excited to see Saturday's Preakness.
#849. To: All (#848)
#850. To: All (#849)
#851. To: All (#850)
#852. To: All (#850)
#853. To: A K A Stone (#0)
#854. To: All (#853)
#855. To: mcgowanjm (#848)
Still going with Bodemeister.
#856. To: mcgowanjm (#847)
#857. To: redleghunter (#856)
#858. To: mcgowanjm (#849)
#859. To: Fred Mertz (#857)
It's cooler here in Kentucky. I'm heading to the track for a few races.
#860. To: redleghunter (#859)
#861. To: A K A Stone (#0)
#862. To: redleghunter (#858)
#863. To: redleghunter (#858)
#864. To: All (#863)
#865. To: mcgowanjm (#862)
I'm gay....;}
#866. To: All (#864)
#867. To: We The People (#865)
I'm gay....;}
#868. To: All (#867)
#869. To: A K A Stone (#0)
#870. To: All (#869)
#871. To: All (#870)
#872. To: A K A Stone (#0)
#873. To: mcgowanjm (#863)
And Pagan Gnostic....;}
#874. To: A K A Stone (#0)
#875. To: All (#874)
#876. To: All (#875)
#877. To: mcgowanjm, war (#874)
Loss of biodiversity appears to impact ecosystems as much as climate change, pollution and other major forms of environmental stress, according to a new study from an international research team...
#878. To: A K A Stone (#877)
Shouldn't new species just evolve?
#879. To: A K A Stone (#877)
Everyone evolved from nothing.
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