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Shock!..........Was Mega right?

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  • Shock!..........Was Mega right?

    Many years ago, before i knew of EJ or "Crusty" i knew the "system" was going to crash. I seek the truth & found it...........but i always KNEW that the £ & $ would go down togther:-

    http://www.telegraph.co.uk/finance/e...ent-bonds.html

    Mike

  • #2
    Re: Shock!..........Was Mega right?

    No, because if one goes down that means the other goes up against it. If both go down, neither can, so they remain neutral, and other currencies in the world don't invite much confidence either to go up against the dollar and pound, except the yuan, which isn't being allowed to go up.

    And once again you take an article out of context to fit your pre-conceived argument (logical fallacy #1 and why you're on the shortlist for the 2009 Annual Worst Poster on iTulip Award), you offer nothing about what the article actually talks about to mislead posters that click on this thread (Pimco reducing UK and U.S. bond holdings), and offer no strategic thinking or analysis on the subject except "look at me b*tches, I'm right". Do you honestly think everyone on this forum, which came to this website mostly because we're all skeptical on motives of the world leadership and their finances, really care about the state of your ego when it comes to this world crisis? Do you think that's why we come to this forum to talk?

    For instance in regards to strategic thinking, when Bear Stearns and Lehman Brothers and the banks were starting to go under, guess who was up front and center on the CNBC network calling for the U.S. government and the Federal Reserve to bail them out. Bill Gross, head of Pimco! You know why? Because Pimco had tons of MBS and other bonds that could potentially default and so needed a government backer. Correlate that with your damn link.
    Last edited by rj1; January 04, 2010, 06:45 PM.

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    • #3
      Re: Shock!..........Was Mega right?

      No.......i think am right..........£&$ will jump off the cliff together.
      BTW The FT is reporting that Brown & Darling are at odds because of this haapening.
      Mike

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      • #4
        Re: Shock!..........Was Mega right?

        Originally posted by Mega View Post
        No.......i think am right
        Of course you do. Because you're an insufferable asshat that thinks it's funny to shout fire in a theater or to hold up a sign on the street corner saying "WE'RE ALL GOING TO DIE!"

        You're on my ignore list. It's my suggestion to other posters if they choose to do so to do the same and ignore your trolling. People like yourself make the rest of our kind look like idiots through guilt by association. It's hard for us to have much credibility saying "I don't really think this way the Fed is going will fix things" if you or "The Rothschilds are aiming to become World Dictator" nuts or others of that type are the representative. And seeing as you spam the most threads, the typical outsider coming here thinks you're representative, when you offer absolutely nothing at all. Most of your arguments you make can be shot down in 30 seconds just as I did here.

        And I'd also like to point out that the facts (Shock!.......Facts in a Mega-created thread?) I said regarding Pimco, their bond exposure, and subsequent lobbying you did not touch at all. You brushed it off and didn't acknowledge I think because it undercuts your pre-conceived argument, another trait of a troll.
        Last edited by rj1; January 04, 2010, 07:27 PM.

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        • #5
          Re: Shock!..........Was Mega right?

          Originally posted by rj1 View Post
          Of course you do. Because you're an insufferable asshat that thinks it's funny to shout fire in a theater or to hold up a sign on the street corner saying "WE'RE ALL GOING TO DIE!"
          If you don't appreciate Mega's posts, then just ignore; no need for personal insults.

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          • #6
            Re: Shock!..........Was Mega right?

            I welcome all conments, even negative ones.....i am far from a per-fect person & if someone feels some critisum is due then so be it.

            Mike

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            • #7
              Re: Shock!..........Was Mega right?

              Originally posted by Mega View Post
              I welcome all conments, even negative ones.....i am far from a per-fect person & if someone feels some critisum is due then so be it.

              Mike
              Bro, his comments were way over the top.

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              • #8
                Re: Shock!..........Was Mega right?

                Originally posted by Down Under View Post
                If you don't appreciate Mega's posts, then just ignore; no need for personal insults.
                It's hard to take a website's rhetoric and theories credibly if it doesn't seek to uphold them, both against attacks and from the "true believer koolaid drinkers" that want things now and don't believe in things taking time, "Housing has not gone down in price yet! WHY NOT?" - 3 years ago. Mega has threads on here complete with exclamation points and masked outrage asking EJ why his theory hasn't come true yet. :rolleyes:

                Perhaps that's why the number of unique posters has seemingly gone down in the past year here? The discourse on this forum has deteriorated?

                Anyway, I see no insults in my posts. There's nothing stopping Mega from showcasing a higher intelligence than I expect from a sixth-grader. For the type of issues that get discussed on this forum, I expect as much or that poster would be banned if I were in charge (which I'm not). If a 12-year-old gives you financial advice, are you going to give it any credence? Of course not. And yet for outsiders that come onto this forum with a hint of skepticism, they're most likely greeted by him saying the sky is falling as if he were 12 years old (and he's been saying the sky is falling for 2 years, I think all of the sky and a couple comets would've hit the ground by now). And this is good for the site owners, their advertising revenues, unique website visits, and people accepting the website owners' financial theories to be greeted by such a wingnut how? It's not that he's a wingnut, there are a good number of them here, but he feels the need to create a new thread every 20 minutes and then intentionally misleads everyone on this website on the links he posts and offers no critical thinking or analysis whatsoever outside of a witty one-liner that Rush Limbaugh or Keith Olbermann could write. Go through every single one of the threads he posts and read the critical thinking he offers as initial thought, it wouldn't fill a 2-page book.

                Mega, you still haven't said anything regarding Bill Gross and Pimco and how they were bailed out by the government. I'm sorry, you have zero credibility, perhaps if you actually have to defend your arguments and posts you'd get smarter in what you post. If you continue ignoring it, it cements that you're a troll. Trolls after all ignore facts that undercut their arguments. So you're either a troll, you can defend what you post, or you can be a man and admit you're dead wrong.
                Last edited by rj1; January 04, 2010, 08:57 PM.

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                • #9
                  Re: Shock!..........Was Mega right?

                  Originally posted by rj1 View Post
                  Anyway, I see no insults in my posts.
                  I hate to be the one to break it to you, good sir, but the following is an insult, and unless I'm confused, it is quoted from one of your posts.
                  you're an insufferable asshat
                  Most folks are good; a few aren't.

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                  • #10
                    Re: Shock!..........Was Mega right?

                    Originally posted by ThePythonicCow View Post
                    I hate to be the one to break it to you, good sir, but the following is an insult, and unless I'm confused, it is quoted from one of your posts.
                    Yeah, I'll take credit for that one.

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                    • #11
                      Re: Shock!..........Was Mega right?

                      Originally posted by rj1 View Post
                      It's hard to take a website's rhetoric and theories credibly if it doesn't seek to uphold them, both against attacks and from the "true believer koolaid drinkers" that want things now and don't believe in things taking time, "Housing has not gone down in price yet! WHY NOT?" - 3 years ago. Mega has threads on here complete with exclamation points and masked outrage asking EJ why his theory hasn't come true yet. :rolleyes:

                      Perhaps that's why the number of unique posters has seemingly gone down in the past year here? The discourse on this forum has deteriorated?

                      Anyway, I see no insults in my posts. There's nothing stopping Mega from showcasing a higher intelligence than I expect from a sixth-grader. For the type of issues that get discussed on this forum, I expect as much or that poster would be banned if I were in charge (which I'm not). If a 12-year-old gives you financial advice, are you going to give it any credence? Of course not. And yet for outsiders that come onto this forum with a hint of skepticism, they're most likely greeted by him saying the sky is falling as if he were 12 years old (and he's been saying the sky is falling for 2 years, I think all of the sky and a couple comets would've hit the ground by now). And this is good for the site owners, their advertising revenues, unique website visits, and people accepting the website owners' financial theories to be greeted by such a wingnut how? It's not that he's a wingnut, there are a good number of them here, but he feels the need to create a new thread every 20 minutes and then intentionally misleads everyone on this website on the links he posts and offers no critical thinking or analysis whatsoever outside of a witty one-liner that Rush Limbaugh or Keith Olbermann could write. Go through every single one of the threads he posts and read the critical thinking he offers as initial thought, it wouldn't fill a 2-page book.

                      Mega, you still haven't said anything regarding Bill Gross and Pimco and how they were bailed out by the government. I'm sorry, you have zero credibility, perhaps if you actually have to defend your arguments and posts you'd get smarter in what you post. If you continue ignoring it, it cements that you're a troll. Trolls after all ignore facts that undercut their arguments. So you're either a troll, you can defend what you post, or you can be a man and admit you're dead wrong.
                      iTulip is a community. We have a broad range of contributors here, especially in the free area. If a member is not your cup of tea, they can be ignored, although we are more strict about pertinence, basing assertions on fact, and so forth, in the subscriber area. Free area or not, we do not call each other names.
                      Ed.

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                      • #12
                        Re: Shock!..........Was Mega right?

                        Originally posted by rj1 View Post
                        Of course you do. Because you're an insufferable .....
                        And I'd also like to point out that .......

                        I see Mega as a key member of our community. He always brings a link to the table (not just an opinion composed on-the-fly) and his irascible tone is delightfully constant. He keeps his comments brief and to the point, though often hillariously overblown (by intention, I'm sure).

                        Comment


                        • #13
                          Re: Shock!..........Was Mega right?

                          Although I agree that discourse in a forum should tacitly endorse some more substantiality. A forum is generally full of remarks like those made by Mega (as an example). His predilection of being a news gatherer and posting links are not to be trivially dismissed when the media is basically in the hands of a few media companies.

                          It is very hard to get substantial information that does not have some behind the scene agenda. CNBC/NBC/PBS etc and the ever cretinous Voice of America, and now even Google is essentially a political mouth piece. The links -since like in the former Soviet Union -do provide just enough wheat in all the chaff if one is patient and has time to go through many different sources (here to me is Mega's utility and service).

                          He makes no claim to be an analyst and does not spew forth stats and figures to disguise his real understanding of events (which I think many poster's are guilty of being -that is being in love with your post, incomplete knowledge posing as certainity eyc ad nauseum).

                          On the whole the burden of civility is on those who understand it - just as is the burden of explaining extremely complex topics on those who really understand it. He is with out such burden -and only seeks to post links which point to his suspicion that we are being so lied to -that it is an extremely arduous and onerous task to find out what is what.

                          I see no difference between his links and many peoples rather 'certain' voluminous posts in topics of great complexity -review the global warming posts and the 'love' for an elitist Charlatan of British heritage who is given due and approbation on the flimsiest of premises.

                          The same can be said for economic matters. If someone's manner rubs you the wrong way -please don't let that be the trigger for something that perhaps has nothing to do with them.

                          At the same time -some nuts - Like kill all the A-rabs/Muslims/ nothing Israel does is wrong ever- in my view should be banned. These people do more harm than good for most discussions as how can one argue against jingoistic claptrap even if the charade comes dressed with reputable sources -which unequivocally state Yellow Cake was bought in Iraq and they DO have Weapons of Mass destruction. Whilst at the same time forgetting the decades of documentation that the country in question was our ally for decades and received Chemical, biological and of course 'special training' for their armed forces and police by brutal sadistic bastards we call an intelligence officer. To me these people are much more dangerous and need to be banned for egregious lack of conscience and common sense. Their degrees should immediately be photocopied a million times and passed around as toilet paper imo.

                          Anyway-can't we all get along

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                          • #14
                            Re: Shock!..........Was Mega right?

                            Originally posted by FRED View Post
                            ...although we are more strict about pertinence, basing assertions on fact, and so forth, in the subscriber area.
                            So in order to receive the bare minimum I expect to receive regarding intelligent discussion on financials where a person is not allowed to sensationalize and instead only state facts and then discuss them, I'm expected to pay for it?

                            Oh well, your post there is sig-worthy.
                            Last edited by BDAdmin; January 11, 2010, 08:53 AM.

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                            • #15
                              Re: Shock!..........Was Mega right?

                              Originally posted by rj1 View Post
                              ...You're on my ignore list. It's my suggestion to other posters if they choose to do so to do the same and ignore your trolling...

                              Looks like the iTulip "ignore list" feature isn't working too well these days...:rolleyes:

                              [Maybe it doesn't respond to four letter member names, sort of like the "Search" feature with three letter words... ]

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