Disqus - Latest Comments for Lets_Eat_Amen

Re: Glenn Beck Explains The Goldman Web

Lets_Eat_Amen — Thu, 16 Jul 2009 19:06:23 -0000

I'm issuing an upgrade on Beck's show from "in-fucking-sane with no credibility" to just "insane" ...some credibility has been redeemed. further upgrades may continue pending content.

Re: The King Is Dead, Long Live The King!

Lets_Eat_Amen — Thu, 16 Jul 2009 00:41:48 -0000

I wish i could be technical, but alas, i have no history in website design. It seemed that the new website requires additional searching and clicking...much more than what is necessary as compared to the current blog. I enjoy reading all of the information posted so sectioning it in individual boxes made the page seem cluttered and uninviting.

Also, not only do i enjoy reading what is posted by the contributors but the discussion by the community that has been created by the blog. The comment section, and maybe that is what disque offers (?), seems presented better. I can't say it differently, but the format that we have on this current page (color scheme and usage of space) seems better than having the negative space in the margins and the boxing in of comments.

I've also noticed that a number of the individuals that I see commenting are still posting on the zerohege blogspot but not on the new page, which had lead me back to the blog page after trying to convert to the other site.

I'm not sure why, but I'm not receiving replies to postings on the website, but that might be something with my email instead.

I liked the "Forum" page but if you click on a forum, for example a recent posting on Italian Banks under the "Equity" forum, the left portion of the page is blank for nearly an inch on my monitor but then a column of appears that runs down the rest of the page well below the posting and I wouldn't see it unless I scrolled down entirely. Also, the information seems bunch in and almost overwhelming. The content itself is fine, but it seems kind of crammed together and the links to the comments don't distinguish what topic it's from. I'm not as concerned about what the comments actually are, but I do tend to go to the pages that have a lot of activity like what you have in the pink box here "Most Discussed" since I'm more apt to get a reply from the rest of the community knowing that more people are active in those discussion forums. I see you have something similar, but again, it's almost too much content on too little space, or just needs better spacing. That same column from the main page starts much farther down the page, and again, I only see it after having scrolled down to the bottom....or maybe my laptop is just too small :) However, that column could be higher or both sides of the webpage could be used.

....my comments may not be feasible or attractive to others, but the simplicity of the blog page is incredibly attractive to me.

...by the way, nice music the other night. As always, you guys do a fantastic job, and I'm sure I'll become more accustomed to the website after removing this one from "favorites" in my window.

Best.

Re: The King Is Dead, Long Live The King!

Lets_Eat_Amen — Wed, 15 Jul 2009 23:06:58 -0000

Tyler, i love your blog. I tried to warm up to the new site, but ...and I mean this constructively since i enjoy reading your postings...... i find it cosmetically harsh. I'll still go to it since it's the best source on the web right now, but i wanted to give you the feedback. i'll see you all on zerohedge.com !

Best

Re: Sprott On Problems And... Problems

Lets_Eat_Amen — Wed, 15 Jul 2009 23:03:47 -0000

I noticed something to that effect on Brad Setser's blog a while back....domestic T purchases were squeezing out foreign banks....i think.

Re: Sprott On Problems And... Problems

Lets_Eat_Amen — Wed, 15 Jul 2009 23:01:52 -0000

...or maybe the hysteria of today has caught me in an off color mood. ....but some sort of solution needs to be found on intragovernment debt.

Re: Sprott On Problems And... Problems

Lets_Eat_Amen — Wed, 15 Jul 2009 23:00:12 -0000

i like the disinflation argument but tell that to the dollar index. With no bottom in sight, the asset prices want to continue to rally that denominated in dollars. The only hope is that the tidal wave of mortgage refinancing crushes the bank's coffers for this to happen. I wwouldn't have expected us to be at this current point, so i can't imagine to what extremes this country will take it to come the fall and into 2010.

The option to settling entitlements is for the US govt to admit an outright default to its citizens and instead work on paying foreign debtors. "BAM"..... as Emeril says.

Re: Sprott On Problems And... Problems

Lets_Eat_Amen — Wed, 15 Jul 2009 22:41:20 -0000

and when i say inflation, i mean inflation inspite of what we could have had if the entire financial system had been taken out back in shot.

...i still think C might be nationalized but we'll see. I remain a deflationist at heart, but the Fed is one with all of the cards.

Re: Sprott On Problems And... Problems

Lets_Eat_Amen — Wed, 15 Jul 2009 22:38:18 -0000

circumstances like the CIT group blowup expand on the deflationary theory the along with the fall in the dollar, mark to model accounting, and backstopping of US financial companies has seemed to effectively hinder deflation as a theme. We might not recover quickly because of the consequences, but this deadlock of asset movement prevents deflation from rearing its face except on the discretionary side.....and let's face it, retail has been fucked for nearly two years. All of this leads to the next point: Can the Federal Reserve inflate our way out of this crisis? So far, bernanke could be given an "A" for inflation & an "F" for fucking the dollar. Also, does a doubling of the monetary base provide a sufficient backstop for the problem to go away in size?

....United States of Argentina.

Re: Sprott On Problems And... Problems

Lets_Eat_Amen — Wed, 15 Jul 2009 20:15:47 -0000

so does this make shorting the stock market pointless? inflation would be so rampant that all asset clases denominated in dollars would shoot to the moon...? where is DK to make sense of it all???!

Re: Joe Saluzzi Provides Further Color On Program Trading

Lets_Eat_Amen — Wed, 15 Jul 2009 19:32:08 -0000

well, when i say "solvency" or "insolvency," i'm trying to grasp the likelihood of nationalization. .....What's the likelihood of this as a recourse? 2011 will be a trying year for the banks....and 2012. What's the likelhood of the US backstop not being sufficient to prolonged credit deterioration?

Re: Joe Saluzzi Provides Further Color On Program Trading

Lets_Eat_Amen — Wed, 15 Jul 2009 17:31:37 -0000

more and more i'm seeing that. BNN has their act together. I still am fascinated by the computer led bull assault on trading. However, at the end of the day, someone is buying those shares besides the computers. Impending doom? I still wonder: Is solvency still a risk for the banking community? If not, then this strategy could persist for some time to come..... Does anyone have a perspective on delinquent assets, Alt A performance, and Option Arm performance to say whether or not the banking system can withstand a credit freeze up?

Re: Stop Trading

Lets_Eat_Amen — Wed, 15 Jul 2009 16:11:10 -0000

if they fart the wrong way you'll make out well.

Re: Stop Trading

Lets_Eat_Amen — Wed, 15 Jul 2009 15:42:33 -0000

yeah, i dumped BBD after owning it from the time i went into my business meeting to the time it ended (1hr.) for a small glean. Bought more SRS. I am riding a position out in SRS that may prove profitable, or may be my undoing.

Re: Stop Trading

Lets_Eat_Amen — Wed, 15 Jul 2009 15:25:12 -0000

somewhere in the distance, kudlow is snorting coke off a hookers g-string. .....DK, well, he's probably hanging out with his group of friends as the market rallies, none of which are out of grade school.

Re: Stop Trading

Lets_Eat_Amen — Wed, 15 Jul 2009 15:16:25 -0000

whatever evil demon got into Meredith Whitney needs to be exercised out. "the power of Christ compells you" (smack her in the face)....."the power of deflation compells you" (smack her again).

Re: Stop Trading

Lets_Eat_Amen — Wed, 15 Jul 2009 15:14:53 -0000

can i have a tissue. went long BBD for the hell of it. dumping at close for FAZ.

Re: Stop Trading

Lets_Eat_Amen — Wed, 15 Jul 2009 15:13:57 -0000

...it's for posts like this that make this blog above and beyond the rest.

Re: Today's Signal-To-Noise Reduction From Rosenberg

Lets_Eat_Amen — Wed, 15 Jul 2009 13:19:42 -0000

http://www.sacbee.com/stati...

they're positive in CA but yet they aren't?? More circle with the legislature or the real deal? The legislature basically states they're close to a deal but the article fails to identify any clear way they're set on reaching an agreement. The governor's office sounded less optimistic. The carnival of idiots is in town.

Re: Amusing Morning Interlude

Lets_Eat_Amen — Wed, 15 Jul 2009 13:04:44 -0000

As one rich person once told me: "Rich people are rich because they spend money, they're rich because they save it." Americans chasing this imitation of wealth through being consumers is almost as fake as DK as a false prophet for financial freedom.

Re: Today's Signal-To-Noise Reduction From Rosenberg

Lets_Eat_Amen — Wed, 15 Jul 2009 12:59:41 -0000

i still fail to see how asia can aspire to the lofty heights that seems to be getting priced in. Without the US consumer, their entire economic model is defunct based on zero exports to our country. This country knows all too well that the savings rate can't easily be reversed, so are we to believe the Asian consumption (specificall chinese) is surging despite danger warnings from our banks and broke states? Also, how does this solve the issue with states running out of money? The dollar would need to fall to drastic lows to entice manufacturing to return to the US of A, which would send oil to the moon. Unless China wants to do some sort of quasi PPIP with the US and buy up Wachovia from WFC, all of C, and Merrill Lynch from BofA, I fail to see how the US recovers in a timely manner. If we take on a bullish tingle to any of this, it's still long emerging markets, short US. Asians buying computers doesn't mean a return to positive GDP for the US. How is JPM or BofA worth more today because more flat screens were shipped to Hong Kong? Fuck it. you sure as hell can't short this market.

Re: Amusing Morning Interlude

Lets_Eat_Amen — Wed, 15 Jul 2009 10:48:19 -0000

Well Dennis the Menance, I, right now, am predicting an end to the recovery. that's right...an end to the bull market. By the way, next time you're on they air, show us your investments in stocks and how much you've committed to this secular bull market.

Re: Daily Highlights: 7.15.09

Lets_Eat_Amen — Wed, 15 Jul 2009 10:33:59 -0000

well apparently semi conductor sales are precursors to a rebound.....? Meanwhile, it looks more and more possible that CIT group will get some sort of money, i see their stock continues to rally. I'm just waiting for this game of chicken between the federal government & Alt A defaults/Option Arm recasts to commence. How many trillions of dollars will the chinese buy?

Re: Daily Highlights: 7.15.09

Lets_Eat_Amen — Wed, 15 Jul 2009 10:02:47 -0000

am i the only one that believes somehow we entered into some alternate orchestrated world like in the Movie the Game? I believe somehow I'm going to end up being chased and hunted by DK after losing everything and throw myself off the edge of a building. Thanks stock market, thanks.

Re: Amusing Morning Interlude

Lets_Eat_Amen — Wed, 15 Jul 2009 09:59:05 -0000

Does DK have 50% in equities? ...tell california the recession is over.

Re: Frontrunning: July 15

Lets_Eat_Amen — Wed, 15 Jul 2009 08:57:10 -0000

i don't think there's a single person in the world that would disagree with you.