Book Review (final)

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Introduction (first sentence, page xiii):
IN THE PAST YEAR, both the U.S. and global financial systems have changed so radically that few, if any, could have predicted it.

Thurgy: You lost me at hello. Anyone want a book? Slight dog-ear up to pages xiii





This book was a gift to me (and that's as far as I read). While I am not to be included in "those who had a clue back 2006 through most of 2007 (or whenever), I will end every post afterwards (until blogger.com runs out of disk space) with the saved quotes/links/graphs from all of those "digital dickweed doom and gloom bloggers who might have had a clue. This will be easy because in Q1/08 a friend hit me with this email (before blathering here) : "Not that I mind, but just curious as to why you love the bleak side of the picture. Are you always a bear, or is that just where your money is now?"

My response to this was nothing short of an incoherently compiled thesis from either direct quotes/links/data from those 'digital dickweeds' or even some of my own (they taught me how to fish...novel concept). It was data that only an octabox of pundits (standing on their head) could misinterpret. None of these are stock charts and technical analysis (I tend to bypass technical blogs** hence my laughable and unorthodox style. Like me, it's a tool not a science).


** Occasionally intermediate term technical analysis shows up on the 5 blogs I have time to read on a regular basis. When it does, I pay attention to it. From time to time I tune in to some EWT analysis because I only know enough to be dangerous and am not interested in mastering that one. One technical blog that I read is one who's speciality is analyzing VIX,IV/HIV. Not only will he admit his mistakes, he will do a post mortem which is educational in and of itself. I do post a lot of TA here, but that's because this blog is mostly for myself. See any banner ads around here? I am not worthy nor care to click the 'Monetize' button in the blogger dashboard. Not looking for hat tips nor have an agenda (well, except for the truth to come out). My compensation will come in the form of sheer satisfaction in seeing all of America simultaneously shit an eggroll when it does. I'm not talking about Goldman Props or hoping to see the market crater. Just the truth [and accountability]. The clued that I will reference are worthy and should be compensated for their contributions. This is more or less a brain dump (640KB) to remember and keep myself honest. A short pencil beats a long memory every day of the week.

Actually, I thought I was here for only for one post ( metrofaxed to all 535 sometime before TARPoilet paper was passed. Without the Sig of course. You should try it sometime...) Even though Tank Paulson's hired callbanks somehow managed to invert a 300oooo:1 opposition from taxpayers. Maybe that's why they [Paulson=Goldman] needed Sergey's SS7 experience so they could use WOPR to call congress *tongue in cheek*).

However, If I can help to disseminate [what I believe to be] the truth then I will (along with an occasional ego stroke if I get lucky. Any other content you may find offensive gets a big bite me). Otherwise I have to try and be witty and even then Durden beats me down. He must be one of those smart and funny guys. What a digital dickweed P) If I ever catch one of them making a typo, sounding incoherent or otherwise appearing "average" then it's going straight to Kneale:P Also, my poking fun of this financially-engineered-disaster is nothing more than the stage prior to the tommy gun coming out *****, which in case you haven't noticed lately isn't that far away. The only relaxation therapy I have is to watch this ENTIRE video over and over again. I totally need a baseball bat and a disco ball. Fwiw, I do not condone this behavior whatsoever...he wasn't even wearing eye protection (after further review, that appears to be CNBC HD on his TV...son of a...I've been tricked. CNBC is one thing...in HD is unsportsman-like conduct). I hope to see him wearing safety goggles in his next video. He could take down an octabox of pundits and win homerun derby at the same time. Eat your heart out Barry Bonds.


***** This is not directed at you Barney Frank. I know that in the good times and in bad times, through thick, thin or ribbed you will always have our backside.


PS. Hold up on IYR, Thurgy got an alarm from the 'gut indicator' last night somewhere in REM State #2 (while still at computer watching above video). Will post shallow thoughts later.


PSS. One day I will get a post out without 72 edits in the first hour.