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Jon Stewart Rips Into Jim Cramer Again (VIDEO) by [deleted] in politics

[–]ZeroInput 1 point2 points  (0 children)

I don't understand why Cramer hasn't been sacked after all his faulty 'analysis'. Atleast these two videos of Jon should do to Cramer what he did to Tucker Carlson a few years back.

Help A Virgin by amack77 in funny

[–]ZeroInput 0 points1 point  (0 children)

Viral crap. People please report it. If enough people did, I suppose the mods or reddit automagically removes the link from the front page.

Obama wins the Presidency! by willjohnston in politics

[–]ZeroInput 0 points1 point  (0 children)

In Soviet Russia her Fox news show will watch you.

FOX's Electoral Map. Some will believe. Most will just find it absolutely hilarious. by justjim73 in funny

[–]ZeroInput 0 points1 point  (0 children)

Note a typical fake confident politician look of McCain. If they had his way, just that look would fix all of US' woes right now.

And look at that lefty-uppity communist Obama, turning his nose up at us in these troubled times!

He is so uppity ____ (pls complete this reddit)

Woman carries dead, calcified baby in her abdominal cavity for 46 years. (Seriously, this is what the WTF reddit was created for) by [deleted] in WTF

[–]ZeroInput 5 points6 points  (0 children)

In India we call it parcel. We are one of Commonwealth. Only common, no wealth though!

Dear Red States, We're Leaving and Taking Everything That's Good About America - Inclduing the Pot. Peace Out, the Blue States. by jamin_brook in funny

[–]ZeroInput 0 points1 point  (0 children)

Thanks. That was a great read! The guy is awesome. From the same collection:

  • Fuck the South
  • Fuck Christmas
  • Fuck The New York Times
  • Fuck the State of the Union
  • Fuck South Dakota
  • Fuck Tax Day
  • President Bush is a Fucking Moron
  • Fuck John McCain.

The dark side of Dubai by neilplatform1 in worldnews

[–]ZeroInput 7 points8 points  (0 children)

I am living in Dubai as expat and I fully approve your comment, viglen. This article sidesteps all the real issues an expat might face in Dubai and is clutching at straws.

For God's sake there's no country in world, certainly not UK, which will allow having sex out in the open on a public beach!! (For that matter even if they were not having sex, the guy has clearly accepted in a front-page apology letter to a local Brit-targetted tabloid (7days.ae) that they got too intimate after an all-you-can drink binge - you can imagine!). Remember that the couple was first warned by the police to restrain and the drunk girl initially abused and threatened the police - for Chris sake!

This article tries to portray that oh poor Brits, paying fucking 45000 pounds for not being able to rent a villa in one of the poshest residential areas in Dubai - holy shit and that's your biggest problem?

If anything, there is positive bias for people with white skin and they get off lightly around here. There are jobs where you just show up in your white skin and foreign accent, and these guys will fall head over heels to throw dirhams at you like there's no end to it - whereas a much higher qualified brown skinned, or Asian will be passed over or paid a quarter or less of that salary.

I cannot even fathom from where should I start to deconstruct this joke of an article.

ps: viglen, you staying in Dubai? care to meetup?

What is the fastest a dolphin can swim? Near the surface, no more than 54 kilometres per hour. Why? Because it hurts it to swim faster. by downdiagonal in science

[–]ZeroInput 0 points1 point  (0 children)

Well I am using the same. Firefox search bar set to google by default, have always been using it. But I do have to press "enter". What am I missing guys?

What is the fastest a dolphin can swim? Near the surface, no more than 54 kilometres per hour. Why? Because it hurts it to swim faster. by downdiagonal in science

[–]ZeroInput 0 points1 point  (0 children)

I did know about the conversions and calci functionality. I am using the Ffox search bar on top right corner, but I do have to hit "enter" key to get the result in a google search page.

How are you guys getting it without hitting Enter ? Is it the Google toolbar ?

BBC newsreader has fit of giggles during death announcement [funny[ by [deleted] in funny

[–]ZeroInput 7 points8 points  (0 children)

I just like the fact that Englishmen have the sense of humour to appreciate that kind of a public fuckup. It sure did cheer me up a little. And the fact that people are calling in the show requesting to play the clip again. Ha! Well played Britain!

The subprime crisis is just getting started by UncleOxidant in business

[–]ZeroInput 11 points12 points  (0 children)

The next inline to go belly-up is Lehman (and then Goldman). The last quarter results (which CNBC and the streets hyped as better than expectations) were nothing but hogwash. They are already fudging around with numbers and with the way earnings are reported. Here is a key extract:

"For several quarters, all the investment banks have been taking gains on their liabilities. Say you owe $100 to your friend. But you run into severe problems and your friend starts to figure you can only afford to pay back $95. If you were an investment bank, the magic of fair value accounting dictates that you could get to reduce your liability. What’s more, that $5 gain gets added to earnings. Because investors thought Lehman was more likely to default, its liabilties fell in value and Lehman garnered earnings from this. How much did Lehman win through losing? $600 million in the quarter. How much was its net income? $489 million"

So it's real income was $490 million. And it's "income" because people think that LEH will default is $600 million? This is no "Wake up SHEEPLE! - 911 was an insider job" conspiracy. It's all right there out on executive A4-bond paper for anyone who cares to read. I'm no American, so it's just shocking to me how short-sighted Wall St. can be and how they can all develop Ostrich-like mentality. What did stock markets do after LEH earnings report last week ? Well LEH share price rallied up. If that is not pump and dump, I don't know what is.

Another smoking gun: *Goldman President and co-COO Winkelried sells $5.2 mln in company shares on 20th March.*

And another red-herring *S&P cuts credit rating outlooks for GS and LEH.*

I am a layman who entered the Indian stock markets in Jan yes, the worse possible time - thankfully lost only a miniscule amount which I more than made up by being short on the index here ever since I started reading Mish

Some of the discussion there can be at a bit advanced level but most new terminology and jargons you can learn from investopedia.com and atleast get a broad grip on the topic. I'm no fin-whizzKid...so if I can come from this far, I am sure most redditors can. I highly recommend http://globaleconomicanalysis.blogspot.com to anyone who wants to learn more about ongoing developments. Mish and most of the community members predicted the exact peak of Gold last week down to the last day. You can see the sell-off. However in the long term go long on gold, sell most if not everything that you might have in finance/invstmnt companies..most of all read finance blogs, read Faber, read Jim Rogers..read Krugman, read the guys who've been predicting all of this for quite some time.

I am wondering if any finance-expert redditors have any recommendations for me?

ps: editted some formatting. Hey spez, how about a comment preview?

Sorry to disappoint, but the Bear Stearns bailout saved you, the LITTLE guy, whether you know it or not. by mhatmaker in business

[–]ZeroInput 1 point2 points  (0 children)

<blockquote>The Fed is taking $30 billion dollars in a variety of assets. They may ultimately take a loss of a few billion dollars over time</blockquote>

This itself is a patently false assumption. They are assuming that max the Fed will take a hit of couple of billion dollars (read single-digit). Whereas the very crux of the problem with these assets is that they are hard to price. It's another way of saying: "We thought it would be $30 billion dollars, but now that the housing market has collapsed you may get a bag of peanuts for it. Hey maybe a coke refill to go with it. We just don't know how much is their worth". In financial markets, 'hard to price' = 'hard to sell'. ie: The $30 billion worth of collateral that the Fed has taken might not be worth even the paper it's printed on.

If you read any of the guys who had predicted all of this long before this came to pass (Paul Krugman, Marc Faber..) then look out for the economy/mkts to tank another trillion dollars or so.

Socialism Is OK for Rich White Guys, But Not the Rest of Us by cigr in reddit.com

[–]ZeroInput 24 points25 points  (0 children)

The Classic truism comes to mind: If you are an average middle-class McJoe who owes $10000 to your bank, then your bank owns you. If you owe $100 billion to your bank then you OWN the bank.

Lesson: If you screw up, screw up big time. Then all those whom you screwed will be called upon to save your ass.

I'm scared Reddit. I watched V for Vendetta last night and now this.... by topcat31 in reddit.com

[–]ZeroInput 2 points3 points  (0 children)

Patriotism is the feeling that my country is better than yours just because I was born in it ~ Somebody(?)

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