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Who´re you going to Trust:
The Stock Market or
the Media Innumerates?

American Thinker, by Clarice Feldman

Original Article

Posted By:DW626, 3/3/2013 5:27:59 AM

Years ago, when I used to play poker with some guys, I played a hand in which across the table from me was someone who looked as though he had a straight flush. He kept pumping up the bidding and everyone folded but me. When we finally showed our hands he had nothing. "You don´t know what you´re doing," he yelled. "Any good player would have folded! Why did you stay in?" he shouted angrily. "Because you curled your lip and reacted furiously when I stayed in. Someone with a winning hand would never do that."

      


Post Reply  

Reply 1 - Posted by: steveW, 3/3/2013 6:48:30 AM     (No. 9205513)

It´s always better to trust the MSM, since they are hard-hitting, unbiased, objective, and in no way are totally corrupt sycophant, conscienceless bodyguards for Socialist Messiah, covering-up anything anti-American he does that oversteps legal authority, common sense and common decency. That´s why I trust the MSM.

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Reply 2 - Posted by: PoliticalJunky, 3/3/2013 7:14:31 AM     (No. 9205526)

I have poker players in my family. The loser will always tell everyoe how stupid the winner was.

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R-G1
  
R-VAR_AD


 
Reply 3 - Posted by: pineledger, 3/3/2013 7:27:37 AM     (No. 9205531)

And I especially love the poker metaphor because, as everyone here will recall, we were treated to the full treatment regarding then-candidate Obama´s legendary poker prowess.

Most bullies are really bluffers.

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Reply 4 - Posted by: globalwarmer, 3/3/2013 7:31:42 AM     (No. 9205533)

This Democrat house of cards will all come crashing down eventually.....the sooner the better.

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Reply 5 - Posted by: Kitty Myers, 3/3/2013 7:34:23 AM     (No. 9205536)

OMG, look what this shyster admitted to the press: OBAMA: I´m not going to - I never want to make myself 100 percent clear with you guys.





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Reply 6 - Posted by: walcb, 3/3/2013 7:45:03 AM     (No. 9205550)

I always enjoy reading Clarice Feldman but I had difficulty in understanding much of this. Maybe it is too early in the morning. Even the headline is lost on me--where is stock market even discussed in the article?
I did find the comparison of deadliest months in Afghanistan comparison informative but slightly off point.

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Reply 7 - Posted by: real fifi, 3/3/2013 7:47:57 AM     (No. 9205555)

While the President and the media predicted doom if the sequester took place, the market rose, that means the people who figure the odds of such things decided the results would be good, not bad.

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Reply 8 - Posted by: Adam, 3/3/2013 7:59:25 AM     (No. 9205568)

I have often said that I only like men in leadership positions who are good at poker, chess, and boxing.

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Reply 9 - Posted by: Chuzzles, 3/3/2013 7:59:59 AM     (No. 9205569)

So I guess we can say that Obama is a lousy poker player along with everything else he fails at in DC.

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Reply 10 - Posted by: steveracer, 3/3/2013 8:10:44 AM     (No. 9205581)

Safe to say, Ms Feldman is steamed, a tad ticked off.

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Reply 11 - Posted by: Kanzan, 3/3/2013 8:22:37 AM     (No. 9205598)

Not that any of us should ever trust him, but note he employs the word "folks" when even he is having trouble wading through it.

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Reply 12 - Posted by: bpl40, 3/3/2013 8:44:18 AM     (No. 9205619)

There are millions of us in this country who this fraud of a ´poker player´ has never fooled - curled lip or not, not even for a second. All his antics are quite transparent and predictable and will continue to be so. What we (esp. myself) misjudged, was the hold that "he give free phones, he gonna do more" was going to have - even on working, tax paying law abiding voters.

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Reply 13 - Posted by: JAN, 3/3/2013 8:51:49 AM     (No. 9205634)

Thanks #6

It´s nearly 9a.m. and I´ve been up for hours but I still couldn´t comprehend....

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Reply 14 - Posted by: LZK, 3/3/2013 8:52:00 AM     (No. 9205635)

In anser to your question -- "who ya gonna trust?" -- is -- I trust the people. I see them struggle at the gas pump and at the food store and at the post office....

I trust they know what´s happening... They are living the nightmare called the obama administration....

LZK

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Reply 15 - Posted by: stryker714, 3/3/2013 9:06:31 AM     (No. 9205657)

True #6, article should have possibly been given a different title. It makes some good points though, especially the part about admin practically hanging out a neon sign offering benefits to illegals and gov being too good to cut.



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Reply 16 - Posted by: 2dogs, 3/3/2013 9:17:15 AM     (No. 9205669)

Yes, #6, this was a slog, and it never did gel. Very unlike Clarice. I lost the point a third of the way in.

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Reply 17 - Posted by: Quigley, 3/3/2013 9:34:49 AM     (No. 9205684)

Some really entertaining and informative parts. Like the bit about the most deadly 20 months in Afghanistan.

The stock market is a bit tricky though, I think. If the currency is being devalued the stock market price should go up assuming that the real value of stocks is unchanged. Of course the real value is never unchanged.

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Reply 18 - Posted by: nonsense, 3/3/2013 9:51:02 AM     (No. 9205707)

He did curl his lip, didn´t he? Still say he looks just awful. What is with his health, or lack of it?

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Reply 19 - Posted by: Brittany, 3/3/2013 9:58:05 AM     (No. 9205714)

The stock market is going up because Bernacke is printing too much money (which devalues each dollar). The market is taking advantage of this in devious ways. The ´always on the wrong side´ investors are buying and helping to push the market up. But one day the valueless dollar will wreck what is left of our economy and inflation will be the least of our troubles because the rest of the world will not rely on the dollar as the safe world currency. Then everything collapses. Soros wins as he did in Great Britain and other places.

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Reply 20 - Posted by: gesundheit, 3/3/2013 9:58:30 AM     (No. 9205715)

This is how the French Revolution began.

Every time the price of a loaf of bread rose by a sou in Paris, the more the previously low-information French peasants began to resent the French King and Queen for their ostentatiously lavish lifestyle.

And the angrier they became, the more they came to understand that the reason the price of their bread was rising was because more money was needed to pay for their monarchs´ increasingly lavish lifestyle.

Just as 341 Federal workers could have been spared furloughs for the cost of Barack Obama´s lavish golf outing with Tiger Woods, so could a million French peasants have been spared hunger for the cost of a day´s upkeep at Versailles.

Of course, the establishment French newspapers, slavishly supportive of the monarchy, never wrote a word about this. But word spread through the cafes and coffeehouses and comedy clubs, and soon the monarchs had lost their heads. And so it will be, at least metaphorically, for Obama and Michelle Antoinette.


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Reply 21 - Posted by: udanja99, 3/3/2013 10:12:00 AM     (No. 9205732)

Who to trust? How about neither. Since the stock market is the most visible indicator of the economy, it wouldn´t surprise me at all to learn that zippy and his thugs are flooding it with cash to make it look like the economy is on the mend.

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Reply 22 - Posted by: bluefindad, 3/3/2013 11:55:46 AM     (No. 9205929)

Yep. The stock market is rising because of the Fed´s lavish money flood. For a better picture of how Americans are doing, look at the median income level and Wal Mart sales figures.

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Reply 23 - Posted by: planetgeo, 3/3/2013 12:00:38 PM     (No. 9205935)

If you´re going to use a card game analogy, I´d say it´s less like poker and more like Hearts. At the moment, all the players are nervously trying to avoid getting tagged with a point here and there, but what they´re really sweating is getting stuck with the Michelle of Spades. And it´s coming.

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Reply 24 - Posted by: GreatPlains, 3/3/2013 1:10:42 PM     (No. 9206036)

# 18 Agreed.
Physically , Obama looks awful .
In addition , he never conveys strength or professionalism or competence.
I did not agree with Bill Clinton´s political ideology.
But, at least he acted like he knew
what he was doing.
Obama exudes weakness and sleaze ,
which the JuiceBox Media ( H/T Michael Walsh ) ignores and disguises.
Clarice quotes Bgates ( ? ) to describe how the media has hidden the truth about Afghanistan.
" If you count up the number of American and allied
military fatalities in Afghanistan,
for each month between October 2001 and December 2012, and
you listed the 20 deadliest months --
how many of the 20 deadliest months in the Afghan war happened
during the militarist cowboy Bush administration,
and how many (if any!) under the reign of the wise, benevolent,
and Nobel Peace Prize winning
President Barack Obama? "
The correct answer that the dishonest media will never reveal to the public is
one deadly month in Afghanistan under President Bush
and 19 deadly months under Obama.



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Reply 25 - Posted by: hammondb3, 3/3/2013 1:14:22 PM     (No. 9206046)

Most people have the wrong view on the markets and their relationship to the news.

The markets are totally driven by desire for gain or fear of loss. The news SOMETIMES plays into the real equation that drives markets, but usually, the markets make their move then some headline writer feels compelled to find some news item that ´explains´ why the markets went up or down.

Solid market technicians advise traders to ignore the news. Trade on what you see the markets doing.

In a weak market, a bad jobs report can spark a big sell-off. In s strong market the same report does nothing because the markets are not predisposed to selling.

It takes a HUGE piece of news to truly rattle the markets and effect a major shift in their direction.

BTW, the Fall of 2008 ´crash´ came after the clear market top that took place roughly a year earlier. The market was primed to fall off a cliff in late 2008 and early 2009. I am of the opinion that we may very likely see a similar setup in late 2013 or early 2014, but first, the media has to tout the ´unstoppable´ bull run to get the last weak-handed stragglers into the game.

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Reply 26 - Posted by: Hermit_Crab, 3/3/2013 1:57:45 PM     (No. 9206129)

I don´t trust either of them.


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Reply 27 - Posted by: Edgelady, 3/3/2013 3:25:24 PM     (No. 9206248)

And then there´s the gun and ammunition market....

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Reply 28 - Posted by: redbadge, 3/3/2013 5:23:53 PM     (No. 9206396)

The stock market hasn´t had anything to do with Main St (i.e. jobs for citizens) in quite some time.

My and my family´s portfolios have gone up, the on-the-ground job situation as been crap for 5 years.

Additionally, the interest rates have been such crap for so long due to free money for the bigwigs that all the carefully laddered CDs have come due leaving no interest income to survive on for the retired folks in my family who can sit there and look at their stock numbers, but whose ´fixed´ income situation gets truly more dire by the month - especially with inflation.


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Reply 29 - Posted by: Charactercounts, 3/3/2013 5:33:35 PM     (No. 9206409)

#5, yes, that´s from the man who was going to run the most transparent administration in history.

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Reply 30 - Posted by: ScrIbelus, 3/3/2013 8:54:09 PM     (No. 9206595)

In God we trust. All others pay cash.

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Reply 31 - Posted by: larryp, 3/4/2013 12:02:27 AM     (No. 9206730)

I read that it would take a human, counting as in 1..2...3...like that,thirty-two thousand years to count to a trillion.
So all this commentary of debt ceing to be raised and the deficit and Obama running up the tab for free pre-school for a fortune of borrowed dollars is crazy.
Remember when the talking heads would intone on the M1 and M2. what a laugh now-money in circulation...heck we are Noah in the leaky ark trying to crest a flood of dollars.
yes it is Bernanke and his QE floodingthe market to make it look good. The corps post miniscule gains that are rounding errors.
All to bolster this man in the WH.

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Post Reply   Close thread 725716




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Washington Examiner, by Paul Bedard    Original Article
Posted By: grace52- 2/28/2014 11:14:12 AM     Post Reply
Former President Bill Clinton has signed on to promote a new Democratic voter project, claiming that the GOP is trying with voter identification laws to block divorced women, college students, blacks, the disabled and younger Americans from voting. “There is no greater assault on our core values than the rampant efforts to restrict the right to vote,” Clinton said in a YouTube video distributed as part of the Democratic Party´s new Voter Expansion Project unveiled Thursday.

Russia Says Its Building Naval
Bases in Asia, Latin America

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The Diplomat, by Zachary Keck    Original Article
Posted By: StormCnter- 3/1/2014 2:05:30 PM     Post Reply
A senior Russian defense official has announced that Moscow is looking to build military bases throughout different countries in Asia and the Western Hemisphere. According to RIA Novosti, Russian Defense Minister Sergei Shoigu said Russia is looking to build military bases in Vietnam, Cuba, Venezuela, Nicaragua, the Seychelles, Singapore and several other countries. “The talks are under way, and we are close to signing the relevant documents,” Shoigu said, according to RIA Novosti. The newspaper noted that “Moscow currently has only one naval base outside the former Soviet Union – in Tartus, Syria, but the fate of this naval facility is uncertain

Reports of Russian activity
in Crimea prompts stern
warning from Obama

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Washington Post, by William Booth and Karen DeYoung    Original Article
Posted By: Dreadnought- 2/28/2014 10:36:09 PM     Post Reply
SEVASTOPOL, Ukraine — Heightened Russian military activity in Crimea on Friday prompted a stern warning from President Obama and a deepening sense of crisis among the leaders of the new Ukrainian government in Kiev. U.S. officials said Russian troops had entered Crimea, and Obama told reporters Friday evening that he was “deeply concerned by reports of military movements” and that there “will be costs for any military intervention.” Earlier in the day, the new Ukrainian government said that hundreds of soldiers in green camouflage, without insignia but carrying military-style automatic rifles, had taken over two airports in Crimea. Regularly scheduled


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