Fun With PhotoShop: Financial Experts Reassure Nervous Investors

How can people do that to Maria?

Because she isn’t that bright. She won’t be getting any scoops from “B-52” Ben anytime soon. Besides, she is one of the worst cheerleaders(Okay, Dennis Kneale is the absolute worst). Do they give the TV hosts on CNBC uppers before they go on every day?

How dumb is Maria?…watch her score zero on Celebrity Jeopardy vs. Anderson Cooper. It is very funny if you have 10 minutes to watch…look for her famous answer of “computer worm”.

something else via Mish (or one of his commenters):

LAKE FOREST, Ill. (AP) — Boatmaker Brunswick Corp. said Thursday it will cut at least 1,000 more jobs and close four plants as it tries to ride out an economic downturn that’s decimated sales for its recreational products. … the company said it may slash up to an additional 1,700 employees as further cost-cutting initiatives are completed.

This is just the tip of the iceberg for non-essential recreational spending, especially for the stuff that’s so directly tied to fuel consumption. And the independent boat dealers and marinas are also taking a beating, not to mention the ad agencies with Brunswick and other recreational accounts such as snowmobiles, jetskis, waverunners, etc. And in turn it filters down to printers getting less work printing brochures and catalogs. It’s the downside of trickle-down economics.

Man, thats funny.

Oh My Gosh!

The Three Wolves aaaaand The Wicked Witch have EATEN GOLDILOCKS! Where is she???

Speaking of scary people. CNBC calls him Dr. Doom today. I always thought he could do a great Bela Lugosi:

Marc Faber

Sorry if mentioned before, but some here may recall that Maria B. managed to mark almost the exact bottom of the market in 2002 when she looked at the ticker aghast and said, “Gee, maybe it is time to start shorting stocks.” The paychecks she brings home are a monument to the sillier aspects of American culture.

I think the Ben. B. picture is great. What’s funny about it is that the guy really does look tired sometimes. Back in Jan/Feb, when he was giving testimony, that guy looked like a beat dog.

It looked like he had been doing multiple all nighters facing insurmountable problems. His appearance on TV left me uncomfortable. You just knew there was more shit coming based on his look alone.

– AT

Where’s Goldilocks Kudlow or should that be Kidlow. I actually consider him worse than Cramer who is basically a comedian. Kudlow pretends to be real when in fact he’s the ultimate Republican shill. I’m bound to say that Bush did have a stroke of luck having Paulson in place during this period of “turbulence” did I get that right Alan. Imagine if Snow had still been in place. Paulson whether you agree with what he’s doing or not is a very impressive guy. Why he ever signed on with the Bush crowd is a bit of a mystery since I doubt he subscribes to many of their core beliefs but I do believe we’re lucky to have a top notch Wall Street professional at the Treasury in the cirmcumstances.

The thing that amazes me about Drill-Drill-Drill/Strong Dollar Kudlow…isn’t he the same guy that was pounding the table for “Shock ‘n Awe” in large rate cuts last Fall?

Boy, I tell you…I think the guy has really been wound up pretty tight the last two days. They are all like rats captured in a box. They are just running around impulsively saying most anything that will deflect the criticism toward the Dems.

Looking for a scape goat is the main objective right now. The rats are all running for cover.

Poor old Obama (not even in Office yet) and a 2-yr Democratic majority in Congress are responsible for all of this mess that has happened in the last 8 years. You know anybody that doesn’t recognize how desperate the Republican are now is a total imbecile.

This really looks bad since Bush never bother to even mimic any kind of national energy policy. You know…that is truly unbelieveable if you think about it. No energy policy what-so-ever. And even the national fleet mileage standards that he initially put out last year were increased only by miniscule amounts. Thankfully those damned old Democrats blocked his attempt and got the standards raised to where they weren’t so obviously pathetic.

In short, the Pubs HAVE been in the white house for the last 8 years and did have a control in Congress for 6 of those 8 years. So, look in the freaking mirror folks and quit taking us all for a bunch of idiots out here. We’ve all been watching and you guys have screwed up issue after issue after issue. The list is fairly long and each item is a BIG item. The way things are now, just forget the small stuff.

I’ve no problem with Cramer, Maria etc spouting their nonsense on TV. These are entertainers supported by ad dollars. If someone invests their hard earned money based on their advice, that is their stupidity.

Bernanke, however, is supported by tax dollars and should be looking after the public’s interests. Instead, he is focused on supporting banks with low interest rates even as his loose monetary policy and low interest rates contributed to inflation. He is no better than Greenspan because he is continuing Greenspan’s policies. Bernanke, like Greenspan, is punishing savers and responsible investors and rewarding reckless speculators (stock and real estate markets).

It’s unfair beating up Bernanke, he’s just trying to clean up the largely Greenspan induced monetary mess and the failures on the part of the Bush administration (budget/current account deficits, public spending profligacy, inaction on structural issues like energy conservation, lax regulatory regime, dollar management, etc etc). It just so happens all the bills have come due at the same time. And please don’t say he was complicit because he was already occupying a part time fed position. The guy who calls the shots at the fed is the chairman not his “advisors.” Ben has thrown moral hazard under a bus and although it kills me to say it he didn’t have much option. He’s cut rates too aggressively and I suspect he was under a lot of political pressure to do so as Republicans are desperate to avoid having the recession technically start on Bush’s watch. Basically, he’s prevented a total meltdown of the system so far although the markets got further to fall. Basically he needs to start cranking rates back up which would do wonders for the dollar and accept we’re going to see a couple of years of recession.

PS … I really meant it when I said I wasn’t kidding. I’m rather surprised that this picture would stand out as something unusual enough to share in a blog like this. You must associate with an upper crust on a regular basis, or be more naive, trusting, and cloistered than you suspect. No wonder you still think oil prices at this level are supply and demand driven.

Wouldn’t go so far as to say Bernanke’s a crook, but he is feckless – takes the path of least resistance every time. What we need is a stud like Volcker to step in and give us our bad tasting medicine (higher rates and no friggin’ bailouts) like the little children we are no matter how much we scream – were that to happen the dollar’s free fall would be stopped and the market could put in a meaningful bottom.

The economy will be in the toilet for awhile regardless. You can kill me fast or kill me slow…

No kidding…someone needs to photoshop a circle jerk with
Kudlow,Neale,Luskin, with Maria in the middle…the positive continual spin is becoming beyond the pale. If only someone would play a clip of the comments they were making last month,and have them respond.