In America the sheeple vote........

It is often said there only two kinds of people in this world: those who know, and those who don’t. I think there are actually three kinds of people: those who know, those who don’t know, and those who don’t care to know. Members of the last group are the kind of people I would characterize as “sheeple.” Sheeple are members of a culture or society who are not necessarily oblivious to the reality of their surroundings; they may have been exposed to valuable truths on numerous occasions. However, when confronted with facts contrary to their conditioned viewpoint, they become aggressive and antagonistic in their behavior, seeking to dismiss and attack the truth by attacking the messenger and denying reason.  Sheeple exist on both sides of America's false political paradigm, and they exist in all social "classes".

I cannot imagine an existence more deserving of pity and remorse than that of the American sheeple.

Martin Bashir, World Class POS

MSNBC producers and management please drop by.

I have something for you.

Lynn @ AMEX 336-283-9667

If you ever decide to answer the phone I have some more questions.

What a bunch of morons in the credit department.

Beyond shame................

Whoever bet money that Obama would finally blame the epic debacle that is Obamacare on the Republicans can now retire.

OBAMA SAYS ONE REASON FOR ROCKY HEALTH CARE ROLLOUT WAS THAT REPUBLICANS ON "ONE SIDE OF THE HILL" WERE INVESTED IN ITS FAILURE

Because it was obviously the Republicans who sabotaged the 3+ year rollout of Obamacare, and handpicked the "outside" contractors who made healthcare.gov such a smashing success. At least Bush walked away unscathed.

JPM

To the DOJ, a $13 billion receipt is the "largest ever settlement with a single entity." To #AskJPM, a $13 billion outlay is a 100%+ IRR. And perhaps more relevant, let's recall that JPM holds $550 billion in Fed excess reserves, on which it is paid 0.25% interest, or $1.4 billion annually. In other words, out of the Fed's pocket, through JPM, and back into the government. Luckily, this is not considered outright government financing.

Credibility

If anyone happens to bump into any "credibility" regarding the financial markets, exchange structure, HFT, CNBC, etc.  please give a shout out.

It's been years since anything credible has come from government.  I take that back.  Air traffic control does a good job.   The BIG LIES continue unashamedly. Governments around the world , wouldn't recognize the truth any more if it poked them in the eye.

Maybe the Smithsonian has some credibility tucked away.  It's dam sure in short supply.

Jordan Parisian

 

A ticking time bomb..................

The NY Fed has disclosed that federal student loans officially crossed the $1 trillion level for the first time ever. Notably: the quarterly student loan balance has increased every quarter without fail for the past 10 years!