That there are only two phases to the stock market and those have nothing to do with bulls and bears.
Accumulation / Distribution: Don’t get caught.
Alternative New Media for the Gulf South
That there are only two phases to the stock market and those have nothing to do with bulls and bears.
Accumulation / Distribution: Don’t get caught.
Tyler Durden at Zero Hedge put up a great guest post today from Giordano Bruno at the Neithercorp Press. I do not recommend clicking the link to Neithercorp Press due to the ad trap which awaits the reader on the other end but the post itself is fantastic. Here is an excerpt:
…..the most “successful” are those that follow the establishment guidelines and play on them as if they might dare break the barrier of lies, but they never do. In Medieval times, even the most blood thirsty king would allow the court jester to make jokes at his expense. Why? Because the jester was an inconsequential figure, a powerless and non-threatening being. A jester can verbally thrash a tyrant, but nothing ever really changes, because deep down, though they make us laugh, nobody really cares what clowns have to say. Now imagine a whole subsection of our country emulating this dynamic. Imagine all these people deluding themselves into thinking that being a slave isn’t all that bad, as long as you’re the funny slave.
I swear I think a certain lawyer that comments here on occasion may have a pen name. 😉
Point of disclosure: Zero Hedge has been generally very critical of Team Obama’s handling of the economy and rightfully so IMHO.
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And his disciples came to him, and awoke him, saying, Lord, save us: we perish. And he saith unto them, Why are ye fearful, O ye of little faith? Then he arose, and rebuked the winds and the sea; and there was a great calm. – Matthew 8:25-26
The Wall Street Journal carried an interesting story on a Sarah Palin facebook impostor and the friends he made that illustrates better than most the true extent of the mindlessness of your standard political true believer, in this case illustrated by the Teabagging set. The concepts at play in the story probably also explain why the number 1 institution that suffers embezzlement are churches.
Blind faith may be a comfort when it comes to pondering our fates, place in this universe and infinity. It is next to useless where crictical thought is appropriate. And yes I expect this post to kick teabagging defense mechanisms into overdrive. Critical thinking, after all, requires first and foremost the submission of our egos to reality.
Was it easy for a Los Angeles screenwriter to pass himself off on Facebook as Sarah Palin? You betcha, it was.
In mid-June of this year, Alex Grossman – a former film executive who has since written and directed commercials and short films that appear on sites like funnyordie.com — began to work on a screenplay.
“I was messing around with the theme of those who put ‘faith over fact’ in this country,” Grossman said. “I started thinking about Sarah Palin and her following: ‘What would it be like to be her? What are these people like? And do they really know her?’”
Under the guise of research, he decided to attempt to pass himself off as Palin on Facebook. He tried every variation on Palin’s name he could think of. To his surprise, he was able to claim the Facebook name “Governor Palin.” Continue reading “Oh Ye of Little Faith”