Monday, October 12, 2009

Two types of bubbles - game of chicken for the Magic Negro

Well this one ain't a secret. Mo got this briefing over and over and know probably decides what to do.

1. No bubble - that means reigning control over financial shenanigans AND preventing barney buttboy frank from fucking the foreclosure proceedings - so that the lenders can redeploy what's left of their capital.

2. Equity-based bubble - that means from shifting resources around - like fucking the health care system and inject that money over to some stock with a lot of hype and no result - like Solar, or some weird kind of alt-energy. I am game boo, just go ahead and tell us dis watchu want and we kool yo.

3. Debt-based bubble - that means something like housing bubble, but part 2 with no sequel. Cuz what comes next is USA Total War. Dis be the outcome that most nigga wanna check happenin, but nigga, I'm not holding my breath over this. Still bitch can use some exercise with the machete if this comes true, ill shit mothafucka.

So wat dat goan be my main negro? We partyin or what?

Wednesday, September 9, 2009

The most current thought process regarding monetary (Fed) policies: Reading the minds exercise, part 522

This post will be more evolving, new materials as we go along.

Old materials first:

The Taylor rule: taking into account GDP (real output) and inflation (paper supply) to set short term interest rate.

Verdict: Didn't work. Paper supply does not adequately describe BUBBLES when they occured in the past.

Competing goals in 2009:

Reinflation - largely complete with a very heavy excess of liquidity currently in the system, chasing extraneous and "secondary" assets, which have nothing to do with "financial stability" - gold and oil to name a few.

New World mandate - for both O and Benny, that "FREE MARKET" (The one that had Lehman, Freddie, AIG, and Citi in it) got the "Price" wrong more than several times. Any sense of nascent, systemic-endangering bubble will from now on be dealt quickly and harshly before they create untold damages.

What is out: is the Reaganism - unchecked, collusion-based, cronyisms, Islamophobic "free market" - where the power that be is empowered to predate among the lower classes and have the galls to call it "FREE MARKET".

Which one and when does one COMPETING GOAL ends and ANOTHER started?
- Can only be answered looking back.
The other things that can also be answered by looking at past data:
1. Which cycle it currently is.
2. What kind of price changes have occured, particularly those outside the intended policies.

Wassa-llammual'aiqum for now (Toodaloo in Arabic - I hope I copy and paste that correctly)

Tuesday, September 8, 2009

NEGRO, YOU disappoint me!!!!!!

WTF is this bro? WASHINGTON – Americans would be fined up to $3,800 for failing to buy health insurance under a plan that circulated in Congress on Tuesday as divisions among Democrats undercut President Barack Obama's effort to regain traction on his health care overhaul.

You started out with our blessings and wholehearted admiration. No criticism of you went un-flamed with racist charges - 100% of the time.

Now you fuck things up so bad, negro!!!

Why? Why fuck with these useless crap. What y'all have to do is just print print and print more money is that so hard to do? Where is your commitment? Spending political capital in such a suicidal manner would only waste support from peeps like me yo, who's waiting in line for money and money only. Print more money and give it to us, we don't give a fuck about the rest AFTER you do it.

A nation is built upon its strengths, and not weaknesses. You are messing with its strengths sir. Hobos, Hippies, and Whores are its weaknesses - fuck their health insurance.

I used to have a mental image of you as such:

Now I think of you like this you POS:

Wednesday, April 8, 2009

New Survey

The #s off the prison yard are now in.

The only question on the poll was: If you were privilidged to invest in a scheme that will give you 10% above average return for 20 years, and then go to zero, will you go for it?

a. yes, I will cash out in 19 years. That is the American way.
b. yes, I might get hit, but so is taking any other risk. That is the American way.
c. no, but I would have if the return was 20% above market and I then would cash out in 19 years. That is the American way.
d. no, it is a crime known as ponzi scheme. That is not the American way.

We got
42% a.
1.2% b.
54.9% c.
1.9% d.

Before you discarded this survey of convicts, and how they might differ with the "average" population had they been polled, let me remind you that this group I polled at some point in their career weighed the ultimate risk reward for a trade, and was able to make up their minds and "invested" accordingly. They are as experienced as any investor would be, and in my opinion, a perfectly unbiased sample of the general population attitudes.

Friday, March 27, 2009

Why there are lags in house price downturn and consumption "corrections" in places like DC, NYC, and SFO.

No dummy - it's not the "diversification" or tech mecca or some BS that even my cellmates can spew out in between bufus.It's the wife factor. In USA it costs 50% of what you ARE to get out of a sinking UNION. Or keep paying the due that's worth 10% of what you're worth every year.Kinda like the decision to carry Level 3 asset in your balance sheet.

Here's the bomb: People are so stupid that they tend to MAXIMIZE their losses carrying that for 3-5 years and then pay the split-fee and yet the insane wife still takes everything including the dog.

You my friend, are either the dog or the good husband.

I never carry level 3 assets. That's why I still consider myself above any of these miscreants in C and BAC in terms of moral and ethic. Ok, that's it for now, I'm going to attend pruno class this afternoon. Tata.- BM

Greetings, I will be taking over social issue discussions

From now on. Good to meet you all.

- BM

Tuesday, March 24, 2009

Address to the Chinese Friends.

I understand that you have been approached a number of times, with reminders, friendly, but stern, that should you choose to stop "co-operating" with us, you will face an economic ruin. That means giving us more money and resources.

Here's why you should continue lending us money: Because by growing more than the cost of the borrowing, I could earn a living while paying you back the money I borrow. This is what a white retired lazy male called "Skeptical Optimist" wrote in his blog. He even threatened your country with our navy boys while at it. I fully expect being automatons that you are, you will not be able to critically evaluate the requirements above and will simply comply.

I understand that you are without courage, oh Chinese people, and at this point completely out of option. As an American (with capital A), I am glad to see your nation's service to our Nation. You are weak, and we will be merciful. You cannot think, and we will supply the arguments, and you will just have to nod your head. You will work, we will NOT pay.

Such is the fact of life, that slavery is a necessary evil. Because otherwise, how can one be "above average" - if someone else is not below.

Thank you again my Chinese friends. Keep shining shoes, making shoes, fixing shoes, or whatever it is you do with my shoes. God Bless.

Friday, March 20, 2009

Topic removed. Thank you for the e-mail.

And replaced with a random topic.


Pace® Soft Tacos
(Prep/Cook Time: 15 min.)

1 lb. ground beef
1 tbsp. chili powder
1 cup Pace(r) Picante Sauce
8 flour tortillas (8")
1 cup shredded lettuce
1 cup shredded Cheddar cheese

COOK beef and chili powder in skillet until browned. Pour off fat.

ADD picante sauce and heat through.

SPOON about 1/4 cup meat mixture down center of each tortilla. Top with lettuce and cheese. Fold tortilla around filling. Serve with additional picante sauce. Serves 4.

Thursday, March 19, 2009

Time to celebrate.

Brother KJ is nominated as the most famous person in the world by Time Magazine.
Praise be to the kimchee gods.