Thursday, April 8, 2010

The Dumbest Guys in the Room

Are you watching some of the testimony today on propaganda TV?

Are you watching these panel members as well with their questions from a novel reminiscent of War and Peace. Seems that all take a page out of Ron Paul's book of talking for minutes yet asking nothing resulting in zero net gain.

Okay, so let me get a couple of things straight here in my mind here.

When things are going just swimmingly, when all is roses, you Mssrs. Rubin and Prince are simply brilliant.

When things fall apart and go to hell in a hand basket you Mssrs. Rubin and Prince are deeply sorry.

Do I understand that correctly? Mr. Rubin? How about you Mr. Prince?

And as for those esteemed panelists and their incessant tea bagging of the masters of the universe. Yeah, yeah, yeah we all get it. We understand how you all appreciate their service to our great nation of ours. We, the viewers, as well share the panelists appreciation that you could accommodate us and show up here today. Why how else would we be able to put on this Vaudevillian show for the rubes that the masses back home.

Someone tell me why guys like Prince and Rubin are not in leg irons and the pillory?

For those of you wondering what Bob Rubin's actually did at Citi while there need not wonder any more. His role was that of cheque casher. That is take the cheque he received from Citi to his own bank and deposit it.

But in the face of all that has happened Mr. Rubin and Mr. Prince are sorry. Deeply saddened they did not see this coming. They are so sorry they need to drown their sorrows in their tens and hundreds of millions in net worth garnered on the back of the populace more enamored with Dancing With the Stars than the greatest heist in world history.

I see nothing but a litany of lies, obfuscation, deflection and cover up from the thugs like Greenspan, Bernanke, Rubin, Prince, Mudd, Syron, Raines, Frank, Dodd, et al.

These thugs are adept at deflecting blame to others. That and doing their very best imitation of Sgt. Schultz from Hogans Heroes. For those of you who either are too young to remember or do not recall Sgt Schultz, the video below is him at his best. Watch it and then compare Rubin and Prince's performance to Schultz. Dead ringers for sure.

Good speculating to you all and please remember to never forget that "an investor is a speculator who made a mistake and will not admit it".

Open Positions:
Long 1 unit Direxion Large Cap 3X Bear ticker BGZ @ $19.34
Long 2 units Direxion Small Cap 3X Bear ticker TZA @ $12.06
Long 1 unit Direxion Emerging Mkts 3X Bear ticker EDZ @ $60.50
Long 2 units Direxion Financial 3X Bear ticker FAZ @ $19.65
Long 2 units Ultrashort Xinhua China ticker FXP @ $8.49
Long 1 unit Ultrashort Real Estate ticker SRS @ $9.82
Long 2 units Direxion Tech 3X Bear ticker TYP @ $10.52
Long 1 unit US Dollar Bull ticker UUP @ $22.52 stop @ $21.97
Short 1 unit Daimler ticker DAI @ $52.23 stop @ $52.23

1 comment:

Anonymous said...

Prudent Speculation?