Manages Parisian Family Office. Began Wall Street, 82. Founded investment firm, Native American Advisors. Member, White Earth Chippewa Tribe. Was NYSE/FINRA arb. Conservative. Raised on Native reservations. Pureblood, clot-shot free. In a world elevated on a tech-driven dopamine binge, he trades from Ghost Ranch on the Yellowstone River in MT, his TN farm, Pamelot or CASA TULE', his winter camp in Los Cabos, Mexico. Always been, and will always be, an optimist.

Saturday, July 09, 2011

Wall Street Reality, 2011

1st of the month=housing showing signs of life

15th of the month=housing showing signs of stabilization

The reality of shadow inventory=never mentioned

Single dip= reality

Double dip=reality reminder

Robbing American citizens blind=stabilization between the first and second dip

I’m broke= "restraints in income......."

Your grandmother’s broke=QE2

Everyone’s broke=bad weather was a factor

The unexplained rise in sales of cat food=QE3 is an unequivocal success

The end of free markets=victory for the bulls

Fake statistics=bears caught off guard

Soon to be revised statistics=bull rally continues

Inevitable revision of statistics=POMO day

1000 point drop=Waddell and Reed sold something

No human is stupid enough to buy stocks=another round of cuts on Wall Street

Oil at $120=QEx

Oil at $100=QEx

Oil @ $90=QEx

Oil @ $50=A huge boon to the economy

QEx=put it together yourself

Hard times=’Summer of Recovery’

Harder times=”Welcome to the Recovery”

Rats on a sinking ship=U.S. Economic recovery team

Guy who cut more jobs here than created=Jobs council leader

Guy who lost a billion dollars=Chief economic advisor

Guy who cheated on his taxes=treasury secretary

NY fed chief who bought house near the top of the fed induced housing bubble=same guy

Guy who completely missed housing bubble=guy to help fix housing depression

Joke= economist

Bad joke= Wall Street economist

The joke of jokes=Joseph Lavorgna

100,000 jobs created =recovery

18,000 jobs created=soft patch

Surge in pitchfork sales=rescindment of birth/death model

Record stealing=trillion dollar stimulus

Massive Theft=QE2

Complicit to it all=Congress and Senate

Global kleptocracy=The ‘New Normal’

In prison=Bernie Madoff

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