HOORAY FOR WALL STREET!: Obama & USMB OWS Love Wall Street!...

[g5000]

duplicate post

 

[Mr. Shaman]

HOORAY FOR WALL STREET!: Obama & USMB OWS Love Wall Street!...

....And, Ron Paul is still a....

White-Supremacist

.

​

 

[paulitician]

HOORAY FOR WALL STREET!: Obama & USMB OWS Love Wall Street!...

....And, Ron Paul is still a....

White-Supremacist

.

[ame=http://www.youtube.com/watch?v=j2JLu5V1Udw]Founder Of Stormfront Openly Endorses Ron Paul - YouTube[/ame]​

STFU you deranged Larry Sinclair wannabe.

 

[The T]

So Wall Street is good again now?

Yup. The old OWS-Bots are now Wall Street Cheerleader-Bots. They just love all those increased Wall Street profits. Now it's suddenly all about the 'HOORAY FOR WALLSTREET!! HAPPY DAYS ARE HERE AGAIN!!' Such dishonest douches.

Quite frankly it tells me that they are confused becaused theyhave been lied to for so long, they have no scruples or morals and live in duplicity.

Principles don't exist for them

 

[tinydancer]

WOO HOO! HAPPY DAYS ARE HERE AGAIN!!

Boy, a couple of good numbers for Wall Street and Obama's OWS Nutters sure have fallen madly in love with Wall Street. Just look at em all on this Board gushing over increased Wall Street profits. Way to stick to those guns on that whole "Wall Street is Evil" thing. lol! So what's up with this new love affair with Wall Street? I'm guessing it has something to do with Election-Time. They see an improving Wall Street as being a plus in getting their guy re-elected. So they love Wall Street this week, but that could change next week.

If Wall Street numbers begin to dip again, expect them all to get right back to their 'Wall Street is Evil' shtick. These people just don't believe in anything but getting their guys elected. They have no integrity at all. So pay close attention to the Obama/OWS-Bots on this Board the next couple of days. Their stunning dishonesty & hypocrisy should be some very fun entertainment.

Go figure. See the threads where they are thrilled about General Motors?

The same people who have screamed day in and day out about the "evil corporations" who outsource jobs.

The only reason GM is becoming successful again is because they have slashed and burned so many American plants and put so many autoworkers on permanent unemployment and are just putting up plants in China.

But the threads are up that they are thrilled with GM. Now they love corporations too who crap down the throats of American workers.

 

[KissMy]

This current fake Wallstreet rally was driven by FDIC Bank Reserve Releases. These FDIC bank reserve releases are driving bank profits, not revenue or earnings.

Do you even understand what you are saying?

I can tell by the way you say it that you do not.

That report confirms the economy is improving.

P.S. I like your avatar, though.

I abbreviated, I meant to say "top line revenue & real earnings". You are wrong about the economy. The article only says "overall improvement in credit quality". That is a B.S. perception given by the FDIC to allow the banks to tap more reserves in order for the government to prop up their earnings, that may not square with reality. The article also says "despite the continued weakness in the U.S. economy."

Employment was down. That headline was only seasonally adjusted BS. Gold shot up $40 yesterday off the morning lows after Bernanke spoke.

Ben Bernanke says the job market isn't as strong as the steadily declining unemployment rate might suggest. He noted that the unemployment rate doesn't capture the plight of millions of people who have stopped looking for work or part-timers who can't find full-time jobs.

Bernanke agreed that an unemployment rate of 8.3 percent is understating the jobs problem. "It's very important to look not just at the unemployment rate, which reflects only people who are actively seeking work."..."There are also a lot of people who are either out of the labor force because they don't think they can find work."..."There are also a lot of people who are working part-time, and they'd like to be working full-time but they can't find full-time work."

Another Brokerage Bites the Dust: Is Wall Street In Trouble?

Over the past couple of weeks, quietly and with little fanfare, three separate small brokerages bit the dust. In January WJB Capital Group and Ticonderoga Securities both announced that lack of trading activity on the stock markets and a lack of capital in-house required them to close their doors and cease operations. Last week, we lost a third broker when Kaufman Bros., a highly regarded, minority-owned firm that played a key role in helping the U.S. government liquidate its stakes in the banks bailed out during Troubled Asset Relief Program, would also turn out the lights.

Previously, the failures of tiny brokers like Soleil Securities (absorbed by Ticonderoga last summer) and Gleacher & Co. might have been written off as aberrations. Now it looks like they were harbingers of doom -- and the failures of WJB, Ticonderoga, and Kaufman could be just the leading edge of "a wave of closures among brokers that rely on trading volume to generate revenue."

When the Journal first caught wind of this story, at the time of the Ticonderoga and WJB closures last month, the newspaper warned that "two other firms" -- unnamed at the time -- appeared to also be in peril. It would now appear that Kaufman was one of the imminent victims. The other may or may not be Susquehanna Financial Group, which last month laid off 15% of its stock traders, citing a lack of trading volume in the markets.

Even Larger Problems Loom: For the time being, it appears the tremors on Wall Street are taking down mainly the small fry. But bigger names in the industry, including Morgan Stanley (MS) and Goldman Sachs (GS), have also warned of weak revenues, and responded by laying off staff and cutting compensation for the brokers who remain.

It may not end even there. According to the Journal, a lot of these little firms, and Ticonderoga in particular, have historically specialized in placing trades for the hedge fund industry. If the brokers who handle their business are in trouble, therefore, it stands to reason that the customers who place the trades with these brokers may not be in the finest fiscal health, either.

Green is Good, Right? - Down here on Main Street, we're for the most part oblivious to the goings-on up in the rarefied air of Wall Street finance. We see the Dow Jones Industrial Average going up -- as it's done for most of this year so far -- and think everything must be going fine and dandy with the stock markets.

It's not. Indeed, according to Businessweek, "trading volumes on major U.S. exchanges fell 20 percent last year from 2009." That's bad news for brokerage firms like WJB, Ticonderoga, Kaufman, and all the rest, which depend on the commissions they collect from placing trades, to pay their workers and stay in business. But if trading volumes are down enough to put these firms out of business, what does this imply for the gains we're seeing on the Dow?

 

[editec]

WOO HOO! HAPPY DAYS ARE HERE AGAIN!!

Boy, a couple of good numbers for Wall Street and Obama's OWS Nutters sure have fallen madly in love with Wall Street. Just look at em all on this Board gushing over increased Wall Street profits. Way to stick to those guns on that whole "Wall Street is Evil" thing. lol! So what's up with this new love affair with Wall Street? I'm guessing it has something to do with Election-Time. They see an improving Wall Street as being a plus in getting their guy re-elected. So they love Wall Street this week, but that could change next week.

If Wall Street numbers begin to dip again, expect them all to get right back to their 'Wall Street is Evil' shtick. These people just don't believe in anything but getting their guys elected. They have no integrity at all. So pay close attention to the Obama/OWS-Bots on this Board the next couple of days. Their stunning dishonesty & hypocrisy should be some very fun entertainment.

I just love watching people beating up straw men.

I so admire their bravery.

 

[G.T.]

STRAW MAN OF THE WEEK: You can't be against corruption on Wallstreet, and for non-corruption on Wallstreet.

Tiny brain syndrome, gotta <3 it.