2 billion lost By Chase....

[brownbrown]

Good job Chase

http://m.rollingstone.com/?redirurl...imon-j-p-morgan-chase-lose-2-billion-20120511


And people cry about Solyndra...

 

[youpissmeoff]

Good job Chase

Rolling Stone Mobile - Politics - Politics: Jamie's Cryin: Dimon, J.P. Morgan Chase Lose $2 Billion


And people cry about Solyndra...

Big difference 1) people invested in Chase willingly 2) private not public 3) they will make that money back many times over.

 

[nangiggles]

I bank there... not exclusively though

 

[brownbrown]

Big difference 1) people invested in Chase willingly 2) private not public 3) they will make that money back many times over.

Tarp wasnt willing, Federally backed loans for them to do this shit, they're expecting a loss of 1 billion next quarter also

 

[mrplunkey]

This is a wonderful thing. A bank made a bad bet and lost -- yet Barry didn't rush to bail them out.

I give points to Chase for not whining for welfare and points to Barry for not offering.

And think about the happy investors who bet against Chase. They've got a fresh $2B dollars! Good for them as well.

Capitalism works.

 

[PICK3]

This is a wonderful thing. A bank made a bad bet and lost -- yet Barry didn't rush to bail them out.

I give points to Chase for not whining for welfare and points to Barry for not offering.

And think about the happy investors who bet against Chase. They've got a fresh $2B dollars! Good for them as well.

Capitalism works.

and the 401k plans that were loaded towards Chase predicktions ... well those folks will just need Plunkey dollar supplements

 

[mrplunkey]

and the 401k plans that were loaded towards Chase predicktions ... well those folks will just need Plunkey dollar supplements

401(k)'s with Chase funds will bounce back over time.

Plus, they should be properly diversified anyway.

 

[PICK3]

Plus, they should be properly diversified anyway.

irregardless of the short cumings of teh plan

it's always comforting to know Plunkey dollars are there to back you up





just sayin'

 

[EarthRider]

balee dat

i love plunks money

 

[PICK3]

Good job Chase

^^^
agreed

The CEO emphasized that the bank remains profitable despite the trading loss. “While we don’t give overall earnings guidance and we are not confirming current analyst estimates, if you did adjust current analyst estimates for the loss, we still earned approximately $4 billion after-tax this quarter"

Dimon in the Rough: Ed’s Daily Notes for May 11th Ed's Talking Stock

 

[nimbus]

And think about the happy investors who bet against Chase. They've got a fresh $2B dollars! Good for them as well.

lol, a single tear of joy is running down my cheek for the hedge fund managers. since i doubt mom and pop are selling credit default swaps

 

[mrplunkey]

lol, a single tear of joy is running down my cheek for the hedge fund managers. since i doubt mom and pop are selling credit default swaps

Yet mom and pop would have extraordinary exposure to Chase?

 

[brownbrown]

Jamie Dimon was Impressive on Meet the Press.

Jamie Dimon - CEO of JPM Chase

DrOiD BioNiC EF App!

 

[nimbus]

Jamie Dimon was Impressive on Meet the Press.

Jamie Dimon - CEO of JPM Chase

DrOiD BioNiC EF App!

"it didn't violate the volcker rule; it violated the dimon principle"

love this guy

 

[nimbus]

Yet mom and pop would have extraordinary exposure to Chase?

anybody can buy JPM, and lot of pension funds like CALPERS are major holders of JPM

 

[mrplunkey]

anybody can buy JPM, and lot of pension funds like CALPERS are major holders of JPM

And pension funds can invest in hedge funds too.

 

[nimbus]

And pension funds can invest in hedge funds too.

yea but i'm assuming that they would have a lot more money invested JPM than in hedge funds trading CDSs

 

[chewyxrage]

Chase was pretty much forced to take tarp funds, they didn't need them.

They (government) pretty much asked Chase for a favor - Take these funds so that "all" banks are taking this bailout.

Chase annual earnings are something like 95 billion. They made a bad bet. Jamie has to clean those dumbasses out of his company.

Now is a great time to buy some Chase stock.

 

[Fishak]

Chase was pretty much forced to take tarp funds, they didn't need them.

They (government) pretty much asked Chase for a favor - Take these funds so that "all" banks are taking this bailout.

Chase annual earnings are something like 95 billion. They made a bad bet. Jamie has to clean those dumbasses out of his company.

Now is a great time to buy some Chase stock.

I concur.

Sent from my PC36100 using EliteFitness

 

[mrplunkey]

yea but i'm assuming that they would have a lot more money invested JPM than in hedge funds trading CDSs

Market Cap of JP Morgan: $140B -- 74% of which is held by institutional investors.

Size of Hedge Fund Industry: $1,900B -- 100% of which is held by institutional investors.

I'd bet statistically speaking, mom & pop's retirement funds are more likely to have $1 invested in a hedge fund than in JP Morgan.

 

[nimbus]

Market Cap of JP Morgan: $140B -- 74% of which is held by institutional investors.

Size of Hedge Fund Industry: $1,900B -- 100% of which is held by institutional investors.

I'd bet statistically speaking, mom & pop's retirement funds are more likely to have $1 invested in a hedge fund than in JP Morgan.

i agree with that, but not all of those hedge funds are profiting from selling credit default swaps.

to make a fair comparison, you would need to take the value of JPM shares held by an institution, divide by JPM's market cap, and then multiply by JPM's losses from those trades. then you would do the same for each hedge fund and take the sum across all of them held by the institution.

i'd bet that a retirement fund is more exposed to JPM than the hedge funds profiting from JPM's loss. However, even if that's true, i could still be wrong about the impact on mom and pop, since JPM may have market cap way bigger than those of the hedge funds, which would make the exposure to the loss itself smaller than the exposure to the gain.

 

[chewyxrage]

I just threw a couple g at CCF for Monday Eh, we'll see what happens.

 

[redsamurai]

I give a flying fuck what these assholes do as long as they don't tank the economny. Once they position themselves to take the rest of us down with them when they lose big on their roulette fetish....then I want Uncle Sam stepping in with the myriad of large anal toys ready to put guys like Dimon on queen street. Yeah no props to Dimon for owning up to squat cause he knew at this point in time to even breathe about U.S taxpayers bailing out his incompentent outfit would have resulted in him being tarred and feathered. There is zero stomach amongst anyone be they republican or democrat to bail out these vegas acts anymore. The only thing i want uncle sam to do is insulate them from the economy, no more no less. Than they can do fuck all they want. ONLY then does capitalism work. Capitalism doesn't work if we tie eerything up in a few entities that if they get grossly mismanaged take all of us down. That's horseshit.

 

[chewyxrage]

I give a flying fuck what these assholes do as long as they don't tank the economny. Once they position themselves to take the rest of us down with them when they lose big on their roulette fetish....then I want Uncle Sam stepping in with the myriad of large anal toys ready to put guys like Dimon on queen street. Yeah no props to Dimon for owning up to squat cause he knew at this point in time to even breathe about U.S taxpayers bailing out his incompentent outfit would have resulted in him being tarred and feathered. There is zero stomach amongst anyone be they republican or democrat to bail out these vegas acts anymore. The only thing i want uncle sam to do is insulate them from the economy, no more no less. Than they can do fuck all they want. ONLY then does capitalism work. Capitalism doesn't work if we tie eerything up in a few entities that if they get grossly mismanaged take all of us down. That's horseshit.

Do you fucking read dude? Chase did the government a FAVOR by ACCEPTING bailout funds. They didn't need shit.

 

[redsamurai]

Do you fucking read dude? Chase did the government a FAVOR by ACCEPTING bailout funds. They didn't need shit.

i'm speaking in general because people are calling for more rules and whatnot. I don't want more regulations on them, just insulate us...whoever the fuck it is. Chase is incompetent though....they knew what the "whale" was doing in London for a long time so Dimon's take that it contradicted the "dimon principle' is pretty fucking comical.

 

[mrplunkey]

I give a flying fuck what these assholes do as long as they don't tank the economny. Once they position themselves to take the rest of us down with them when they lose big on their roulette fetish....then I want Uncle Sam stepping in with the myriad of large anal toys ready to put guys like Dimon on queen street. Yeah no props to Dimon for owning up to squat cause he knew at this point in time to even breathe about U.S taxpayers bailing out his incompentent outfit would have resulted in him being tarred and feathered. There is zero stomach amongst anyone be they republican or democrat to bail out these vegas acts anymore. The only thing i want uncle sam to do is insulate them from the economy, no more no less. Than they can do fuck all they want. ONLY then does capitalism work. Capitalism doesn't work if we tie eerything up in a few entities that if they get grossly mismanaged take all of us down. That's horseshit.

"U.S. Representative Ron Paul (R-TX) called Dodd-Frank a “disaster” that has imposed $1 trillion in costs on Americans."

You don't seem to align with your candidate very well.

 

[mrplunkey]

i agree with that, but not all of those hedge funds are profiting from selling credit default swaps.

to make a fair comparison, you would need to take the value of JPM shares held by an institution, divide by JPM's market cap, and then multiply by JPM's losses from those trades. then you would do the same for each hedge fund and take the sum across all of them held by the institution.

i'd bet that a retirement fund is more exposed to JPM than the hedge funds profiting from JPM's loss. However, even if that's true, i could still be wrong about the impact on mom and pop, since JPM may have market cap way bigger than those of the hedge funds, which would make the exposure to the loss itself smaller than the exposure to the gain.

It's a sheer numbers game. If for every $1 invested in JP Morgan relates to $13.5 invested in hedge funds, then statistically speaking more people (in numbers) should be touched by hedge funds.

I'm sure some specific hedge funds benefited and had a disproportionate impact on mom and pop, but an individual mom and pop would have to be over-invested by more than the 1:13.5 ratio in JP Morgan Chase to be hurt on average (yeah, I know it's an average).

 

[redsamurai]

"U.S. Representative Ron Paul (R-TX) called Dodd-Frank a “disaster” that has imposed $1 trillion in costs on Americans."

You don't seem to align with your candidate very well.

dodd frank is an ill executed disaster

in part because lobbyists got their filthy little cock scratchers on it. A libertarian utopia would in effect insulate us from these monkeys on wall street. But it would take a considerable amount of time and RP knows that. He wouldn't allow them to tank the economy with the help of their army of lobbyists ensuring bill after bill has measures slipped in on the DL that ensures they get their palms greased by the american taxpayer. That's why i like the guy. The profession of lobbying would cease to exist.

 

[mrplunkey]

i'm speaking in general because people are calling for more rules and whatnot. I don't want more regulations on them, just insulate us...whoever the fuck it is. Chase is incompetent though....they knew what the "whale" was doing in London for a long time so Dimon's take that it contradicted the "dimon principle' is pretty fucking comical.

Outstanding! You contradicted yourself in the same sentence. That might be a record.

 

[brownbrown]

Outstanding! You contradicted yourself in the same sentence. That might be a record.

Regulation is NOT synonymous for Insulation.

Regulation can be any rules even negative effecting ones.

Insulation - protections , rules.

Hence the term "Rules & Regulations"


DrOiD BioNiC EF App!

 

[mrplunkey]

Regulation is NOT synonymous for Insulation.

Regulation can be any rules even negative effecting ones.

Insulation - protections , rules.

Hence the term "Rules & Regulations"


DrOiD BioNiC EF App!

reg·u·la·tion/ˌregyəˈlāSHən/
Noun:

A rule or directive made and maintained by an authority.
In accordance with regulations; of the correct type.

A "regulation" is a rule. It's just a sugar-coated term for the government doing it.

Identify a single regulation in effect today that isn't a rule.

 

[brownbrown]

reg·u·la·tion/ˌregyəˈlāSHən/
Noun:

A rule or directive .

In Your own definition.

When put into a sentence with a word that is synonymous with RULE, it does NOT mean Rule. Its Fucking redundant

 

[mrplunkey]

In Your own definition.

When put into a sentence with a word that is synonymous with RULE, it does NOT mean Rule. Its Fucking redundant

The post a single government regulation that isn't a rule.

OR

Post a single government rule that isn't a regulation.

This should be interesting.

 

[brownbrown]

Ill get right on that, hold your breath.

 

[chewyxrage]

i'm speaking in general because people are calling for more rules and whatnot. I don't want more regulations on them, just insulate us...whoever the fuck it is. Chase is incompetent though....they knew what the "whale" was doing in London for a long time so Dimon's take that it contradicted the "dimon principle' is pretty fucking comical.

Yep, they're incompetent.

If the government hadn't stepped in, they'd be the only bank left.

They could have been been the last bank standing, if they wanted.

 

[redsamurai]

Outstanding! You contradicted yourself in the same sentence. That might be a record.

only you would equate zoning off the finance sector the point it doesn't drag the entire economy down with it, with "more regulation". More regulation doesn't "necessarily" mean, as you claim, to put more rules on the individual business. It can also encompass who's allowed to interact with those business's and to what extent. In any case i really don't care, you can call it nancy if you like. If "regulation" is what suits your eye so be it....then we need regulations that insulate us from these guys casino betting. Hey didn't McCain basically say the same thing when he was running? Less regulation on the banks but keep their casino games from toppling the economy again?

 

[redsamurai]

Yep, they're incompetent.

If the government hadn't stepped in, they'd be the only bank left.

They could have been been the last bank standing, if they wanted.

well then what do you call what just happened? They knew that dude in london was sitting billions on swaps...something they all promised just a year or so ago that they were done with, woulnd't dream of doing it again. Look honestly i give a shit in this instance because it doesn't as of yet look like it's going to adversely affect our economy, just Chase stock which i could give a shitsnicking fuck about. As long as the repercussions of these guys operations are "solely" to shareholders or otherwise people who choose to do business with Chase...have the fuck at it.

And apparently it ain't done, once they unravel all this there might be another 1 to 2 billion in losses. That's incompetence and you can bet the shareholders thing so. Dimons job is likely safe if the losses are capped now, if they do go further you think they're gonna keep him?

 

[nimbus]

It's a sheer numbers game. If for every $1 invested in JP Morgan relates to $13.5 invested in hedge funds, then statistically speaking more people (in numbers) should be touched by hedge funds.

I'm sure some specific hedge funds benefited and had a disproportionate impact on mom and pop, but an individual mom and pop would have to be over-invested by more than the 1:13.5 ratio in JP Morgan Chase to be hurt on average (yeah, I know it's an average).

more people touched by hedge funds than JP Morgan, but that isn't how you determine whether the average investor benefits from JPM's loss. Your reasoning assumes that every hedge fund is gaining just as much as JP Morgan lost, which isn't true. Only a small percentage of hedge funds benefit from that loss, and the gain distributed among them. If you only look at the hedge funds that benefited from that specific loss, I bet they make up a smaller percentage of a pension fund's portfolio than JPM.

plus there is still the fact that a ton of "average" investors hold JPM, but much fewer of them can get into a hedge fund.

I think if you take a step back and use intuition, you will conclude that the average investor is probably worse off due to JP Morgan's bad CDS trades, and that most of the benefits went to rich people in some specialized hedge funds

 

[mrplunkey]

only you would equate zoning off the finance sector the point it doesn't drag the entire economy down with it, with "more regulation". More regulation doesn't "necessarily" mean, as you claim, to put more rules on the individual business. It can also encompass who's allowed to interact with those business's and to what extent. In any case i really don't care, you can call it nancy if you like. If "regulation" is what suits your eye so be it....then we need regulations that insulate us from these guys casino betting. Hey didn't McCain basically say the same thing when he was running? Less regulation on the banks but keep their casino games from toppling the economy again?

Who would be "zoning off the financial sector"?

Who would decide "who's allowed to interact with those businesses" (I corrected your spelling for you)?

Who would do the "insulate us from these guys casino betting"?

Of course it would be government.

You blather Ron Paul this and Ron Paul that -- but when it's time to actually reduce the size and scope of government you jump back on the big government/big regulation bandwagon.

 

[youpissmeoff]

Tarp wasnt willing, Federally backed loans for them to do this shit, they're expecting a loss of 1 billion next quarter also

They didn't willingly take tarp either - they were forced to. They also already paid it back before these investments were made.

If you want to blame it on anything outside of just a bad business transaction, you can blame QE! & QE2. Banks have more liquidity than they have loan demand. They are going out and taking riskier transactions to put money to work.

 

[redsamurai]

I think if you take a step back and use intuition, you will conclude that the average investor is probably worse off due to JP Morgan's bad CDS trades, and that most of the benefits went to rich people in some specialized hedge funds

this was a very sensible post

 

[redsamurai]

Who would be "zoning off the financial sector"?

Who would decide "who's allowed to interact with those businesses" (I corrected your spelling for you)?

Who would do the "insulate us from these guys casino betting"?

Of course it would be government.

You blather Ron Paul this and Ron Paul that -- but when it's time to actually reduce the size and scope of government you jump back on the big government/big regulation bandwagon.

but that's not big governement...that's govt getting out of corp's way letting em do what they want BUT NOT at our expense. That's entirely reasonable and not indicative of big govt, infact it's quite the opposite. It's time for people to start absorbing their own risk.

 

[brownbrown]

They didn't willingly take tarp either - they were forced to. They also already paid it back before these investments were made.

If you want to blame it on anything outside of just a bad business transaction, you can blame QE! & QE2. Banks have more liquidity than they have loan demand. They are going out and taking riskier transactions to put money to work.

Not to say they wont need TARP the next crisis made from these EXACT type of transactions.

Money does NOT work. It's like saying going to Vegas and playing roulette is making money work.
No its gambling.


Making an investment decision to "make money" and then investing again that said investment will fail is bad business.

 

[redsamurai]

Making an investment decision to "make money" and then investing again that said investment will fail is bad business.

aren't you irritated having to explain that? isn't irritating that these pavlovian monkeys have become so response conditioned by certain stimuli that they can't even make the most basic of judgements anymore? like you just perfectly illustrated, they've become conditioned to accept that making bets against your own investments is perfectly normal behavior and part of sound fiscal management. This system is unrecoverable. I'm waiting for the double and triple bets, the bets against the bets against the bets....i mean my god where does it end

 

[brownbrown]

aren't you irritated having to explain that? isn't irritating that these pavlovian monkeys have become so response conditioned by certain stimuli that they can't even make the most basic of judgements anymore? like you just perfectly illustrated, they've become conditioned to accept that making bets against your own investments is perfectly normal behavior and part of sound fiscal management. This system is unrecoverable. I'm waiting for the double and triple bets, the bets against the bets against the bets....i mean my god where does it end

Double and triple bets were made on mortgages before the crash.

Shit still happening and the rules havent changed yet

DrOiD BioNiC EF App!

 

[mrplunkey]

We just need more government regulations to make sure this doesn't happen again!

Also... Ron Paul in 2012!!!!

What a frigging joke.

 

[youpissmeoff]

We just need more government regulations to make sure this doesn't happen again!

Also... Ron Paul in 2012!!!!

What a frigging joke.

Sorry bro... you dream is coming to an end.

Ron Paul all but ends presidential campaign, continues delegate strategy | The Ticket - Yahoo! News

Hard to believe since if you really look at the real delegate count (not the one reported in the media) he had a fighting chance. Did you know he won Maine???

 

[mrplunkey]

Sorry bro... you dream is coming to an end.

Ron Paul all but ends presidential campaign, continues delegate strategy | The Ticket - Yahoo! News

Hard to believe since if you really look at the real delegate count (not the one reported in the media) he had a fighting chance. Did you know he won Maine???

I guess it's safe for redsam to re-up those gubment school loans then.

 

[redsamurai]

I guess it's safe for redsam to re-up those gubment school loans then.

funny how you have not one shred of evidence i have 2 cents in school loans but you've been outed for being a "gubment" contractor. There's a word for that, it's on the tip of my tongue...starts with an H, hmmmm....

 

[mrplunkey]

funny how you have not one shred of evidence i have 2 cents in school loans but you've been outed for being a "gubment" contractor. There's a word for that, it's on the tip of my tongue...starts with an H, hmmmm....

Methink thou doth protest too much.

 

[redsamurai]

Methink thou doth protest too much.

methinkith "YOU" protestith to mucheth.

 

[mrplunkey]

Wow. That's original.

 

[brownbrown]

We just need more government regulations to make sure this doesn't happen again!

Also... Ron Paul in 2012!!!!

What a frigging joke.

K, How many sports events would work without refferees?
How would the highways be without Police?
How would prions be without Correctional officers?

People do wrong shit and theres no law on it, then they make a law to prevent it.

Not say fuck it and let it continue.

DrOiD BioNiC EF App!

 

[PICK3]

K, How many sports events would work without refferees?
How would the highways be without Police?
How would prions be without Correctional officers?

People do wrong shit and theres no law on it, then they make a law to prevent it.

Not say fuck it and let it continue.

DrOiD BioNiC EF App!

Can there ever be too much gov't regulation?



didn't think so

 

[brownbrown]

Can there ever be too much gov't regulation?



didn't think so

like too much Icecream, of course

Just like there are too many traffic laws
DrOiD BioNiC EF App!

 

[redsamurai]

Can there ever be too much gov't regulation?



didn't think so

of course there's a line to be drawn and that's why we need to vote in politicians who are willing to take an honest look at where those lines ought to be drawn in a democratic society. I don't want the govt dictating too much to corporations about how they run their business but don't you think it wise that a govt mandates stuff like thou shalt not dump mercury in our water tables? Just insulate us from these sociopaths and their casino gambling and i give a fuck what they do.

 

[mrplunkey]

of course there's a line to be drawn and that's why we need to vote in politicians who are willing to take an honest look at where those lines ought to be drawn in a democratic society. I don't want the govt dictating too much to corporations about how they run their business but don't you think it wise that a govt mandates stuff like thou shalt not dump mercury in our water tables? Just insulate us from these sociopaths and their casino gambling and i give a fuck what they do.

* Eliminate the ineffective EPA. Polluters should answer directly to property owners in court for the damages they create – not to Washington. --Ron Paul

So if I dump mercury on my own land and no other property owner can prove I harmed them in court, then your candidates wants there to be no EPA (carefully read the word "Eliminate") to do anything about it.

I love RP!

 

[brownbrown]

* Eliminate the ineffective EPA. Polluters should answer directly to property owners in court for the damages they create – not to Washington. --Ron Paul

So if I dump mercury on my own land and no other property owner can prove I harmed them in court, then your candidates wants there to be no EPA (carefully read the word "Eliminate") to do anything about it.

I love RP!

This is one of his backwards stupid Fucking ideas.

*So under is logic: A Japanese corporation buys land here, dumps "mercury,phosphates, or some new chemical on land.
And it makes people sick on that land.
The people need try and Sue them from here to Japan?

Or people in an apartment complex 20 miles down river off property get cancer. It s up to them to get the property owner of the complex to try and sue ?

And lastly tell me what Average American afford to battle billion dollar companies legal teams in court?

Stupid Fucking idea.
DrOiD BioNiC EF App!

 

[mrplunkey]

This is one of his backwards stupid Fucking ideas.

*So under is logic: A Japanese corporation buys land here, dumps "mercury,phosphates, or some new chemical on land.
And it makes people sick on that land.
The people need try and Sue them from here to Japan?

Or people in an apartment complex 20 miles down river off property get cancer. It s up to them to get the property owner of the complex to try and sue ?

And lastly tell me what Average American afford to battle billion dollar companies legal teams in court?

Stupid Fucking idea.
DrOiD BioNiC EF App!

Don't ask me -- ask Redsam. I'm just scraping Ron Paul positions off his RonPaul2012 web page. He's the one vigorously defending RP.

 

[redsamurai]

no brown browns right, it's not one of his best ideas and i've clearly said i don't agree with everything. But it is a classic libertarian position. Plunkey, i don't have to agree with ABSOLUTELY EVERYTHING RP advocates, but I agree with him the most of any candidate on most subjects in my lifetime. So that's that. It's either that or don't vote for anybody which defeats the purpose of a democracy...so STFU about it already. If you don't like him don't vote for him, period..stfu

 

[mrplunkey]

no brown browns right, it's not one of his best ideas and i've clearly said i don't agree with everything. But it is a classic libertarian position. Plunkey, i don't have to agree with ABSOLUTELY EVERYTHING RP advocates, but I agree with him the most of any candidate on most subjects in my lifetime. So that's that. It's either that or don't vote for anybody which defeats the purpose of a democracy...so STFU about it already. If you don't like him don't vote for him, period..stfu

...

just went to his website, [...] Yes I saw his stance on abortion and I don't agree with it...but it's pretty much the only thing i don't agree with him on. [...]

 

[mistaballoonhands]

What do prions have I do with C.O.'s??

 

[redsamurai]

...

ok so now there's two things.

 

[brownbrown]

wHAT The fuck is going on in here?

 

[brownbrown]

What do prions have I* do with C.O.'s??

To*

Stupid question btw.

DrOiD BioNiC EF App!

 

[javaguru]

I just want to point out that JP Morgan Chase lost THEIR OWN MONEY and even after the loss have a 4 billion profit for the quarter.

Just sayin...

Barry funded Solyndra with money taken by force to pay off his political allies and it failed...JP Morgan Chase ain't gonna fail.

 

[mrplunkey]

ok so now there's two things.

No, you don't agree with his stance on:

1) Severe restrictions on abortion
2) Eliminate all income taxes
3) Eliminate all death taxes
4) Eliminate all capital gains taxes
5) Dismantle the EPA
6) Severely restrict FDA
7) Phase out Medicare completely
8) Phase out Social Security completely

Now let's find the areas you agree on.

1) Eliminate the Fed
2) Stop sending money and aid to Israel
3) Eliminate wars that aren't a direct national threat (i.e. our engagements in the Middle East).

Would you say that 1-3 of the latter list are correct?

 

[Dial_tone]

No, you don't agree with his stance on:

1) Severe restrictions on abortion
2) Eliminate all income taxes
3) Eliminate all death taxes
4) Eliminate all capital gains taxes
5) Dismantle the EPA
6) Severely restrict FDA
7) Phase out Medicare completely
8) Phase out Social Security completely

What does that leave for revenue?

Sales tax? National or just state?
Corporate tax? I assume this would be pretty low.

Seems like you'd have to eliminate much more than SS/Medicare. I suppose he doesn't factor in any wars unless they're on American soil.

 

[redsamurai]

There's partial agreements all the way down the list except on abortion. Sorry you cannot paint me into a corner monkey. You act as if electing RP all these things happen overnight in TOTALITY. You know full well this isn't the case you're just a massive dooshknuckle who tries to polarize every last single honest discussion you come across. Honestly except for #1, i have zero issue with any of those becoming reality in the next 20 or so years. Hey if people are willing to take the extra responsability for their democracy i have no issue with that. If they can't/won't...then none of those thigns are going to happen anyway so just unbunch those panties from your inflamed vagina.

No, you don't agree with his stance on:

1) Severe restrictions on abortion
2) Eliminate all income taxes
3) Eliminate all death taxes
4) Eliminate all capital gains taxes
5) Dismantle the EPA
6) Severely restrict FDA
7) Phase out Medicare completely
8) Phase out Social Security completely

Now let's find the areas you agree on.

1) Eliminate the Fed
2) Stop sending money and aid to Israel
3) Eliminate wars that aren't a direct national threat (i.e. our engagements in the Middle East).

Would you say that 1-3 of the latter list are correct?

 

[mrplunkey]

What does that leave for revenue?

Sales tax? National or just state?
Corporate tax? I assume this would be pretty low.

Seems like you'd have to eliminate much more than SS/Medicare. I suppose he doesn't factor in any wars unless they're on American soil.

Gotta ask redsam on that one... He's the rabid RP supporter.

 

[mrplunkey]

There's partial agreements all the way down the list except on abortion. Sorry you cannot paint me into a corner monkey. You act as if electing RP all these things happen overnight in TOTALITY. You know full well this isn't the case you're just a massive dooshknuckle who tries to polarize every last single honest discussion you come across. Honestly except for #1, i have zero issue with any of those becoming reality in the next 20 or so years. Hey if people are willing to take the extra responsability for their democracy i have no issue with that. If they can't/won't...then none of those thigns are going to happen anyway so just unbunch those panties from your inflamed vagina.

So is ending the fed, withdrawing support for Israel and pulling out of the ME wars on your 20 year timeline as well?

 

[redsamurai]

So is ending the fed, withdrawing support for Israel and pulling out of the ME wars on your 20 year timeline as well?

two of those can be done tomorrow. Phasing out the Fed is no simple task I get it. Infact I'd be against it if they made RP fed chairman for life, lols. He knows more about finance then Bernanke and Paulson put together which is why he schools them every time they come to congress.

 

[brownbrown]

I just want to point out that JP Morgan Chase lost THEIR OWN MONEY and even after the loss have a 4 billion profit for the quarter.

Just sayin...

Barry funded Solyndra with money taken by force to pay off his political allies and it failed...JP Morgan Chase ain't gonna fail.

Read the Fucking thread you idiot. This was discussed already.

DrOiD BioNiC EF App!

 

[mrplunkey]

two of those can be done tomorrow. Phasing out the Fed is no simple task I get it. Infact I'd be against it if they made RP fed chairman for life, lols. He knows more about finance then Bernanke and Paulson put together which is why he schools them every time they come to congress.

Let's weigh some facts:

You don't align with RP's social views at all.

You want to put his fiscal policies on a 20 year timeline (which is effectively forever in political terms)

But we still need to cripple those zionists (your word previously used) who run the fed.

And need to dissociate with Israel and stop meddling in the affairs of the ME.

For those playing at home, have the rest of you figured-out he's an anti Semite yet? I'd be glad to dredge-up some anti-Jew posts if necessary.

P.S. this is why I started calling you out over RP in the first place.

 

[redsamurai]

zionists running the fed? No i just don't like Israel...and neither does RP, is RP an anti semite? Or does he just not like people who take money from us then steal our military secrets? That and use us the big brother they run behind every time countries in the ME begin to bow up to them...?? Big difference....I've posted up A TON of anti israeli sentiment and I stand behind every word. Hating jews in general just because they're jews, no...same with muslims and christians. I have a ton of criticism for all the religions of abraham but I don't hate anyone simply because they're of a specific religion. Once they exhibit the worst traits of their beleif structure though, like using their position as "gods chosen people" as said in their own religious texts, then yeah they lose my respect and become contemptible.

 

[mrplunkey]

zionists running the fed? No i just don't like Israel...and neither does RP, is RP an anti semite? Or does he just not like people who take money from us then steal our military secrets? That and use us the big brother they run behind every time countries in the ME begin to bow up to them...?? Big difference....I've posted up A TON of anti israeli sentiment and I stand behind every word. Hating jews in general just because they're jews, no...same with muslims and christians. I have a ton of criticism for all the religions of abraham but I don't hate anyone simply because they're of a specific religion. Once they exhibit the worst traits of their beleif structure though, like using their position as "gods chosen people" as said in their own religious texts, then yeah they lose my respect and become contemptible.

So you'd agree that the Jewish race and/or faith does not have a disproportionate or undue influence on the monetary system?

 

[brownbrown]

zionists running the fed? No i just don't like Israel...and neither does RP, is RP an anti semite? .

He probably is. He sure as hell hates "Niggers". There's no reason why he wouldn't hate the Israelite too.

 

[mrplunkey]

He probably is. He sure as hell hates "Niggers". There's no reason why he wouldn't hate the Israelite too.

I should dig-up the post where Stiletto publicly reprimanded him over his use of that word multiple times. She had to edit multiple posts of his as well.

And just in case you need a little refresher on his attitude toward "Zionists"...

In response to this video:



He said:

she's right on the money, no pun intended. It's been verified who the people are who run our monetary system and they are in fact zionist jews and they should in fact be run straight out of the country. Not jews period, just the zionists who have been funneling money back to Israel through the black budget.

 

[brownbrown]

I should dig-up the post where Stiletto publicly reprimanded him over his use of that word multiple times. She had to edit multiple posts of his as well.

And just in case you need a little refresher on his attitude toward "Zionists"...

In response to this video:



He said:

Mel Gibson approved?

DrOiD BioNiC EF App!

 

[javaguru]

Read the Fucking thread you idiot. This was discussed already.

DrOiD BioNiC EF App!

I don't generally read enire threads that start with a false premise... even in entertainment I can value my time....equating Solyndra, a government subsidized rent seeker, with a profitable entity that had a loss.

Recent news about rent seeking parasites.
First Solar is a local corporation, a friend of mine's brother was an officer years ago, the CEO and board dropped 700,000 shares of stock right after they were awarded Barry bucks...not a good sign.


P.S. I have issues with JP Morgan because they fuel the warfare/welfare state in collusion with the fed; I don't blame teh rent seekers, I blame the fed.

 

[brownbrown]

So you'd agree that the Jewish race and/or faith does not have a disproportionate or undue influence on the monetary system?

I would agree to that comment. They are not magically running shit from some master plan.

DrOiD BioNiC EF App!

 

[mrplunkey]

Awww... this thread can't simply die. We haven't heard from our resident anti-Zionist.

Perhaps a little transcript will aid in the discussion. Here's what the racist said on the Youtube Video:

"I think that the Zionist Jews who are running these big banks and our Federal Reserve, which is not run by the federal government, they need to be run out of this country."

And here's Redsam's response to her commentary:

she's right on the money, no pun intended. It's been verified who the people are who run our monetary system and they are in fact zionist jews and they should in fact be run straight out of the country. Not jews period, just the zionists who have been funneling money back to Israel through the black budget.

 

[PICK3]

The president called on Republican lawmakers who support a repeal of the Dodd-Frank Act -- new rules for banks and financial institutions - to "stand on the side of reform."

Obama says Wall Street regulations should move forward - Political Hotsheet - CBS News

 

[brownbrown]

The president called on Republican lawmakers who support a repeal of the Dodd-Frank Act -- new rules for banks and financial institutions - to "stand on the side of reform."

Obama says Wall Street regulations should move forward - Political Hotsheet - CBS News

Lol, like that will ever happen

DrOiD BioNiC EF App!

 

[javaguru]

Bernie was investigated six times by the SEC based on tips from non-government entities and was cleared; Federal regulation is a red herring that allows fraud via a percevived protection by the federal government.

 

[redsamurai]

Bernie was investigated six times by the SEC based on tips from non-government entities and was cleared; Federal regulation is a red herring that allows fraud via a percevived protection by the federal government.

no shit? for what?

 

[brownbrown]

no shit? for what?

Bernie Madoff.
Please ignore this dude. He wont have a simple conversaion. Next he is going to post YouTube. To explain shit he doesn't have his own words for.

DrOiD BioNiC EF App!

 

[redsamurai]

oh madoff...thought we were talking about bernanke.

 

[mrplunkey]

Lotsa Jewish people mentioned in this thread. Does this mean shenanigans are imminent????

 

[redsamurai]

Lotsa Jewish people mentioned in this thread. Does this mean shenanigans are imminent????

speaking of shenanigans shouldn't you be settling into a night of wathching/directing pick in wedging various pieces of lawn furniture up his anus?

 

[mrplunkey]

speaking of shenanigans shouldn't you be settling into a night of wathching/directing pick in wedging various pieces of lawn furniture up his anus?

Naw, I'd rather berate this really racist guy on the EF boards.

 

[PICK3]

Naw, I'd rather berate this really racist guy on the EF boards.

knot a challenge


just bump his threads with "..."





just sayin'

 

[redsamurai]

Naw, I'd rather berate this really racist guy on the EF boards.

what, has your doctor advised you to lay off the boner meds? are the comingling with the nitrates for chest pains? lols

 

[mrplunkey]

what, has your doctor advised you not to lay off the boner meds? are the comingling with the nitrates for chest pains? lols

Naw, I've never blown my heart up with clenbuterol or some stupid shit like that.

I bet that was a Jewish conspiracy too.

 

[redsamurai]

no you just have permanent night vision now which rules at night but kind of sucks during the day huh? lols


let's see if you're able to fix that on your own over the next few years. opcorn:

 

[mrplunkey]

Where do you even get this stupid shit from?

Permanent night vision?

Damn, now I feel like I'm picking on the retarded kid.

 

[redsamurai]

Where do you even get this stupid shit from?

Permanent night vision?

Damn, now I feel like I'm picking on the retarded kid.

you probably see so much yellow in the morning you think you woke up back china.

Every day must be a Jackie Chan movie for you huh? Do you stretch your eyelids out in the morning while looking in the mirror just to complete the picture?


Do you catch yourself from time to time now referring to some american as "that charlie round eye overthere"??



^^^

 

[PICK3]

Where do you even get this stupid shit from?

Permanent night vision?

Damn, now I feel like I'm picking on the retarded kid.

his poasts are unorthodox



just sayin'

 

[redsamurai]

his poasts are unorthodox



just sayin'

*post

 

[mrplunkey]

tee hee

It's fun to hide real racism with Chinese racism jokes!

OMG we all get it so funny.