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U.S. Supercommittee Ready to Announce Failure -- Market Crash, Moody's Downgrade?

 
Nickadeemus

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11/21/2011 11:09 AM
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Re: U.S. Supercommittee Ready to Announce Failure -- Market Crash, Moody's Downgrade?
siren2

Bank of Spain Nationalizes Banco De Valencia

[link to www.zerohedge.com]

Banks Folding...
Not Goude...
Nick®

Last Edited by Nickadeemus on 11/21/2011 11:13 AM
Pure Life; Get it on...
Jane SmithModerator (OP)
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11/21/2011 11:13 AM

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Re: U.S. Supercommittee Ready to Announce Failure -- Market Crash, Moody's Downgrade?
[link to www.zerohedge.com]

50 day moving average taken out on the S&P
Life is karma and karma always reflects both past and present circumstance. Our time here is short, so choose carefully and behave well, for all of your tomorrows are presently being decided.

"Don't die on a small cross..." Saddletramp's Mom

"A fool thinks himself to be wise, but a wise man knows himself to be a fool."
-- William Shakespeare, born April 23, 1564.

Killer Bunny mockingjay
Jane SmithModerator (OP)
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11/21/2011 11:13 AM

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Re: U.S. Supercommittee Ready to Announce Failure -- Market Crash, Moody's Downgrade?
5stars of course, congrats on the pin, and now for breakfast with my wife, my favorite .223 and cleaning accessories, and last night's Walking Dead, as we prepare for Monday Morning Doom...
 Quoting: WalkersEverywhere


Love the new avatar, Walker! Much better than the scary guy or the purple suiter, lol!
 Quoting: Jane Smith


I do it all for you, Kung Fu Barbie...
;-)
hf
 Quoting: WalkersEverywhere


hf
Life is karma and karma always reflects both past and present circumstance. Our time here is short, so choose carefully and behave well, for all of your tomorrows are presently being decided.

"Don't die on a small cross..." Saddletramp's Mom

"A fool thinks himself to be wise, but a wise man knows himself to be a fool."
-- William Shakespeare, born April 23, 1564.

Killer Bunny mockingjay
IKSHM
User ID: 5790266
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11/21/2011 11:16 AM
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Re: U.S. Supercommittee Ready to Announce Failure -- Market Crash, Moody's Downgrade?
:5stars: of course, congrats on the pin, and now for breakfast with my wife, my favorite .223 and cleaning accessories, and last night's Walking Dead, as we prepare for Monday Morning Doom...
 Quoting: WalkersEverywhere


Love the new avatar, Walker! Much better than the scary guy or the purple suiter, lol!
 Quoting: Jane Smith


I do it all for you, Kung Fu Barbie...
;-)
hf
 Quoting: WalkersEverywhere


hf
 Quoting: Jane Smith


Looks like im not a crazy retard after all :D

very nice thread op

My thread
Thread: THE STOCK MARKETS GOING TO CRASH THIS WEEK!!!!!!!!!!!!!!!!NOV=20-25 (Page 4)
Jane SmithModerator (OP)
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Re: U.S. Supercommittee Ready to Announce Failure -- Market Crash, Moody's Downgrade?
It's not "fixable." Is that a word?
 Quoting: Me too


That's a word, and that's the truth.
 Quoting: WalkersEverywhere


It is certainly a word in the South.

Fix, with any number of possible suffixes makes for a very versatile method of communication, lol!

I'm a fixin' to get me some coffee. Ya know, that there okry looks like it just might be fixable for supper.

Whole different dialect when I go home for a visit.
Life is karma and karma always reflects both past and present circumstance. Our time here is short, so choose carefully and behave well, for all of your tomorrows are presently being decided.

"Don't die on a small cross..." Saddletramp's Mom

"A fool thinks himself to be wise, but a wise man knows himself to be a fool."
-- William Shakespeare, born April 23, 1564.

Killer Bunny mockingjay
N34444

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11/21/2011 11:16 AM
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Re: U.S. Supercommittee Ready to Announce Failure -- Market Crash, Moody's Downgrade?
5stars of course, congrats on the pin, and now for breakfast with my wife, my favorite .223 and cleaning accessories, and last night's Walking Dead, as we prepare for Monday Morning Doom...
 Quoting: WalkersEverywhere


Love the new avatar, Walker! Much better than the scary guy or the purple suiter, lol!
 Quoting: Jane Smith


I do it all for you, Kung Fu Barbie...
;-)
hf
 Quoting: WalkersEverywhere


Get a room!
Assets feed you, liabilities eat you.
Jane SmithModerator (OP)
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11/21/2011 11:18 AM

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Re: U.S. Supercommittee Ready to Announce Failure -- Market Crash, Moody's Downgrade?
...


Love the new avatar, Walker! Much better than the scary guy or the purple suiter, lol!
 Quoting: Jane Smith


I do it all for you, Kung Fu Barbie...
;-)
hf
 Quoting: WalkersEverywhere


hf
 Quoting: Jane Smith


Looks like im not a crazy retard after all :D

very nice thread op

My thread
Thread: THE STOCK MARKETS GOING TO CRASH THIS WEEK!!!!!!!!!!!!!!!!NOV=20-25 (Page 4)
 Quoting: IKSHM 5790266


Thanks.

No not a retard at all. It is just that most of us have been burned hard on date predicitons & are loath to do so again. I do agree, this week look nastier by the minute.
Life is karma and karma always reflects both past and present circumstance. Our time here is short, so choose carefully and behave well, for all of your tomorrows are presently being decided.

"Don't die on a small cross..." Saddletramp's Mom

"A fool thinks himself to be wise, but a wise man knows himself to be a fool."
-- William Shakespeare, born April 23, 1564.

Killer Bunny mockingjay
Jane SmithModerator (OP)
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11/21/2011 11:19 AM

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Re: U.S. Supercommittee Ready to Announce Failure -- Market Crash, Moody's Downgrade?
5stars of course, congrats on the pin, and now for breakfast with my wife, my favorite .223 and cleaning accessories, and last night's Walking Dead, as we prepare for Monday Morning Doom...
 Quoting: WalkersEverywhere


Love the new avatar, Walker! Much better than the scary guy or the purple suiter, lol!
 Quoting: Jane Smith


I do it all for you, Kung Fu Barbie...
;-)
hf
 Quoting: WalkersEverywhere


Get a room!
 Quoting: N34444


Oh! Don't be cross!

eyebat
Life is karma and karma always reflects both past and present circumstance. Our time here is short, so choose carefully and behave well, for all of your tomorrows are presently being decided.

"Don't die on a small cross..." Saddletramp's Mom

"A fool thinks himself to be wise, but a wise man knows himself to be a fool."
-- William Shakespeare, born April 23, 1564.

Killer Bunny mockingjay
N34444

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11/21/2011 11:21 AM
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Re: U.S. Supercommittee Ready to Announce Failure -- Market Crash, Moody's Downgrade?
...


Love the new avatar, Walker! Much better than the scary guy or the purple suiter, lol!
 Quoting: Jane Smith


I do it all for you, Kung Fu Barbie...
;-)
hf
 Quoting: WalkersEverywhere


Get a room!
 Quoting: N34444


Oh! Don't be cross!

eyebat
 Quoting: Jane Smith


Just kidding....

blwkss
Assets feed you, liabilities eat you.
Jane SmithModerator (OP)
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11/21/2011 11:24 AM

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Re: U.S. Supercommittee Ready to Announce Failure -- Market Crash, Moody's Downgrade?
They announced failure when they were made; nothing but smoke and mirrors and we will soon find out just how bad things really are.

God speed to each and every one of you out there
 Quoting: BBQ Guy


God speed to you too, Sir.

All we can do is have our preps in order. Physically, mentally & spiritually gird the loins. I do not like what I see in the future but am fully prepared to weather it with dignity & integrity.

I believe God put us all here at this time for a reason. I had my daughter watch "Passion of the Christ" this weekend so she could better understand hardship, sacrifice and love.

The forthcomming hardships will either further divide people and we will destroy each other, or we will discover that our petty philosophical differences do not matter & we will come together. Time will tell.
Life is karma and karma always reflects both past and present circumstance. Our time here is short, so choose carefully and behave well, for all of your tomorrows are presently being decided.

"Don't die on a small cross..." Saddletramp's Mom

"A fool thinks himself to be wise, but a wise man knows himself to be a fool."
-- William Shakespeare, born April 23, 1564.

Killer Bunny mockingjay
Jane SmithModerator (OP)
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11/21/2011 11:25 AM

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Re: U.S. Supercommittee Ready to Announce Failure -- Market Crash, Moody's Downgrade?
...


I do it all for you, Kung Fu Barbie...
;-)
hf
 Quoting: WalkersEverywhere


Get a room!
 Quoting: N34444


Oh! Don't be cross!

eyebat
 Quoting: Jane Smith


Just kidding....

blwkss
 Quoting: N34444


I know.
Awwww!!!!
Life is karma and karma always reflects both past and present circumstance. Our time here is short, so choose carefully and behave well, for all of your tomorrows are presently being decided.

"Don't die on a small cross..." Saddletramp's Mom

"A fool thinks himself to be wise, but a wise man knows himself to be a fool."
-- William Shakespeare, born April 23, 1564.

Killer Bunny mockingjay
11111

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11/21/2011 11:26 AM
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Re: U.S. Supercommittee Ready to Announce Failure -- Market Crash, Moody's Downgrade?
Mornin' everybody.

This is indeed curious. After watching the charade last time, I can't help but feel that they'll pull out a card at the last minute so they can past themselves on the back and say "Look at us, we are heroes."

If indeed it does fail....uh...I'll be the guy speeding down the road to his FFL to get an AR. I'd expect the next dose of war to be right around the corner if they do not use the "hero card".

Gotta scoot out to work in a few more minutes...but the futures look sick to me.
 Quoting: The Voice In Your Head


Have a great day! Yes, the futures are ugly & metals are way down. This is telling to me because metals & stocks will both fall in the real deal downdraft. When thos metals do plummet, try to buy some at the cheaper price because they will rebound as a safe have as the house of cards tumbles.
 Quoting: Jane Smith


So you think this is the final plummet? If they go up again, and I think they will, when ever the final plummet will be the metals will drop along with the market just as it has been, but at some point the 'few all knowing' will all go into metals, and they won't go down anymore.

How will we be able to tell when that will be?
Anonymous Coward
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11/21/2011 11:28 AM
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Re: U.S. Supercommittee Ready to Announce Failure -- Market Crash, Moody's Downgrade?
DooM!!!!
5a
Nickadeemus

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11/21/2011 11:31 AM
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Re: U.S. Supercommittee Ready to Announce Failure -- Market Crash, Moody's Downgrade?
DooM!!!!
5a
 Quoting: Anonymous Coward 4357245


Wow...You're late.
Nick®
swaze
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Revbo™
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11/21/2011 11:34 AM

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Re: U.S. Supercommittee Ready to Announce Failure -- Market Crash, Moody's Downgrade?
The forthcomming hardships will either further divide people and we will destroy each other, or we will discover that our petty philosophical differences do not matter & we will come together. Time will tell.
 Quoting: Jane Smith


Well said, Jane, but I think you may give humanity a little too much credit. Civil society was destroyed a long time ago, and this won't be over until enough bad guys (or good guys) have died. Or until our Lord Jesus Christ returns, in which case, I'm afraid it's mostly good guys.
Rev. 21:4 He will wipe every tear from their eyes. There will be no more death or mourning or crying or pain, for the old order of things has passed away.
Oldmotherhubbard

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11/21/2011 11:39 AM
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Re: U.S. Supercommittee Ready to Announce Failure -- Market Crash, Moody's Downgrade?
S&p just hit 1185 ( Art Cashin said this morning there'd be significant damage if it broke that mark)

I'm on my iPad but the video is on cnbc.com
Oldmotherhubbardglp@live.com
Ostria1

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11/21/2011 11:41 AM

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Re: U.S. Supercommittee Ready to Announce Failure -- Market Crash, Moody's Downgrade?
I just had a look at the Middle East markets, they dont look good either

[link to www.zawya.com]
Ostria
Nickadeemus

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11/21/2011 11:41 AM
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Re: U.S. Supercommittee Ready to Announce Failure -- Market Crash, Moody's Downgrade?
S&p just hit 1185 ( Art Cashin said this morning there'd be significant damage if it broke that mark)

I'm on my iPad but the video is on cnbc.com
 Quoting: Oldmotherhubbard


Oh no...
Nick®
Pure Life; Get it on...
Jane SmithModerator (OP)
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11/21/2011 11:42 AM

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Re: U.S. Supercommittee Ready to Announce Failure -- Market Crash, Moody's Downgrade?
Mornin' everybody.

This is indeed curious. After watching the charade last time, I can't help but feel that they'll pull out a card at the last minute so they can past themselves on the back and say "Look at us, we are heroes."

If indeed it does fail....uh...I'll be the guy speeding down the road to his FFL to get an AR. I'd expect the next dose of war to be right around the corner if they do not use the "hero card".

Gotta scoot out to work in a few more minutes...but the futures look sick to me.
 Quoting: The Voice In Your Head


Have a great day! Yes, the futures are ugly & metals are way down. This is telling to me because metals & stocks will both fall in the real deal downdraft. When thos metals do plummet, try to buy some at the cheaper price because they will rebound as a safe have as the house of cards tumbles.
 Quoting: Jane Smith


So you think this is the final plummet? If they go up again, and I think they will, when ever the final plummet will be the metals will drop along with the market just as it has been, but at some point the 'few all knowing' will all go into metals, and they won't go down anymore.

How will we be able to tell when that will be?
 Quoting: 11111


I think this could be the beginning of the final plummet. I think it will happen a week or less on the heels of the EU implosion. The metals will plummet, along with the markets, as people globally liquidate to cover margin & short positions. The metals will stay down for a while as the dollar & the US markets desperately gasp for life. Then the metals will go up again as people realize they do not wish to trade their goods for paper & the dollar implodes behind the euro.

I do not have a crystal ball and my opinions are adjusted as world events take place. If a major war breaks out involving Iran, all bets are off the table.

Just stay on top of things, and make sure you have a good supply of non perishaable food in case of bank holidays.
Life is karma and karma always reflects both past and present circumstance. Our time here is short, so choose carefully and behave well, for all of your tomorrows are presently being decided.

"Don't die on a small cross..." Saddletramp's Mom

"A fool thinks himself to be wise, but a wise man knows himself to be a fool."
-- William Shakespeare, born April 23, 1564.

Killer Bunny mockingjay
Philligan
in rainbows

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11/21/2011 11:42 AM

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Re: U.S. Supercommittee Ready to Announce Failure -- Market Crash, Moody's Downgrade?
Glad no one fell for the bear trap rally.
everything in its right place
WOMAN WHO RUNS W/ WOLVES

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11/21/2011 11:43 AM
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Re: U.S. Supercommittee Ready to Announce Failure -- Market Crash, Moody's Downgrade?
The package has to be in the hands of the Congressional Budeget Office today, so it can be tabulated & scored in order to make the deadline of the 23rd.

I expect the market to start the plumment today followed soon by a Moody's downgrade sooner rather than later.

Both parties are to blame and I would not find it surprising if neither wanted this to succeed. Now both sides can point fingers during the campaigns going into November 2012.
 Quoting: Jane Smith


How much longer do you think all this BS(and I am not just talking about DC,i.e,-Japan)go on for w/o the world descending into chaos. I am not sure at all we will make it to Nov. 2012 at this rate.
The process has begun
Jane SmithModerator (OP)
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Re: U.S. Supercommittee Ready to Announce Failure -- Market Crash, Moody's Downgrade?
DooM!!!!
5a
 Quoting: Anonymous Coward 4357245


Wow...You're late.
Nick®
swaze
 Quoting: Nickadeemus


Yes, but he is certainly in the party mood, lol!
Life is karma and karma always reflects both past and present circumstance. Our time here is short, so choose carefully and behave well, for all of your tomorrows are presently being decided.

"Don't die on a small cross..." Saddletramp's Mom

"A fool thinks himself to be wise, but a wise man knows himself to be a fool."
-- William Shakespeare, born April 23, 1564.

Killer Bunny mockingjay
Jane SmithModerator (OP)
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11/21/2011 11:45 AM

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Re: U.S. Supercommittee Ready to Announce Failure -- Market Crash, Moody's Downgrade?
The forthcomming hardships will either further divide people and we will destroy each other, or we will discover that our petty philosophical differences do not matter & we will come together. Time will tell.
 Quoting: Jane Smith


Well said, Jane, but I think you may give humanity a little too much credit. Civil society was destroyed a long time ago, and this won't be over until enough bad guys (or good guys) have died. Or until our Lord Jesus Christ returns, in which case, I'm afraid it's mostly good guys.
 Quoting: Revbo™


I have to cling to some hope, in order to maintain sanity through the chaos.

Sometimes I wish the good GLPrs were not spread wide across the globe. We could make a strong community of diverse talents. Guess we just have to show leadership where God has chosen to place us.
Life is karma and karma always reflects both past and present circumstance. Our time here is short, so choose carefully and behave well, for all of your tomorrows are presently being decided.

"Don't die on a small cross..." Saddletramp's Mom

"A fool thinks himself to be wise, but a wise man knows himself to be a fool."
-- William Shakespeare, born April 23, 1564.

Killer Bunny mockingjay
Jane SmithModerator (OP)
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11/21/2011 11:46 AM

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Re: U.S. Supercommittee Ready to Announce Failure -- Market Crash, Moody's Downgrade?
Glad no one fell for the bear trap rally.
 Quoting: Philligan


A couple did. I begged them to not get lured in, it happens.
Life is karma and karma always reflects both past and present circumstance. Our time here is short, so choose carefully and behave well, for all of your tomorrows are presently being decided.

"Don't die on a small cross..." Saddletramp's Mom

"A fool thinks himself to be wise, but a wise man knows himself to be a fool."
-- William Shakespeare, born April 23, 1564.

Killer Bunny mockingjay
Nickadeemus

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11/21/2011 11:47 AM
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Re: U.S. Supercommittee Ready to Announce Failure -- Market Crash, Moody's Downgrade?
DooM!!!!
5a
 Quoting: Anonymous Coward 4357245


Wow...You're late.
Nick®
swaze
 Quoting: Nickadeemus


Yes, but he is certainly in the party mood, lol!
 Quoting: Jane Smith


Certinaly can't fault em for that. Hall pass AC.
Nick®
wirm
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Anonymous Coward
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11/21/2011 11:48 AM
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Re: U.S. Supercommittee Ready to Announce Failure -- Market Crash, Moody's Downgrade?
This committtee was little more than a delaying tactic to begin with. I never had much faith in their ability to reach a decision, let alone have the agreement pass Congree or the White House.

Wonder what "kick the can" tactic is queued next?
 Quoting: Jane Smith


They probably have some little "details" along the way, but the major milestones are:

- Force all retirement/pension funds to purchase US treasury bonds to provide a synthetic demand for debt, to lower borrowing costs.

- Begin a program to nationalize all mortgages handled through MERS to completely bury the bank's criminal activity in mangling property titles while fabricating RMBS instruments.

- Second to last, they will roll all retirement/pension funds into a single, "new and improved" social security plan to shore up SS for a couple years, and liquidating all equities and bond assets other that US treasury bonds in this pool. This will give them about 18 months or so.

- Finally they will authorize congress and US treasury to print non interest bearing currency (greenbacks) to handle payment of debt interest and day to day operating expenses since the debt market will finally be forcing interest rates on US debt to bankruptcy indicators. Then the presses will really be fired up and we enter the final hyperinflationary period of the dollar.
Lime Flavoured Redux

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11/21/2011 11:50 AM
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Dow -310
Anonymous Coward
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11/21/2011 11:52 AM
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Re: U.S. Supercommittee Ready to Announce Failure -- Market Crash, Moody's Downgrade?
I could have sworn I read that if they gridlocked, that automatic cuts across the board would kick in. Anyone remember reading that?
Oldmotherhubbard

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11/21/2011 11:54 AM
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Re: U.S. Supercommittee Ready to Announce Failure -- Market Crash, Moody's Downgrade?
I could have sworn I read that if they gridlocked, that automatic cuts across the board would kick in. Anyone remember reading that?
 Quoting: Anonymous Coward 2926765


Yes. But I wonder if the new bill allowing congress to run for another 30 days over-rode that in some way...
Oldmotherhubbardglp@live.com
withoutatrace

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11/21/2011 11:54 AM
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Re: U.S. Supercommittee Ready to Announce Failure -- Market Crash, Moody's Downgrade?
What if this tactic is being used to make the Super Committee appear incompetent so that attention is driven away from their power grab from the Constitution? If they fail with this, people will stop looking at them as a threat, then they can become the dictatorial power that they were designed to be while everyone else has went back to watching DWTS.

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