Wednesday, August 1, 2012

Running Against The Media: If a Repub Says Something, It Must be a Gaffe



Oh, they are trying... desperately to paint Romney as some kind of stereo-type. The Mormon jokes will come to life pretty soon in the form of "News".
Let's take Mitt's recent world tour:
Liberals in the media are afraid of Romney, so much so they will criticize his every move or equate it to shadowing Obama.
The WSJ has a good OpEd today regarding Mitt's tour from London to Israel to Poland.
The Washington Post and other sources consider the fact that he dare announce a hint of foreign policy initiative, a threat and an insult.

All the press was whinin' and buzzin' when Mitt went to Israel (something Barak Hussein Obama will not do). Mitt showed he had a solid grasp by declaring Jerusalem as the Capital of Israel. It is, but since the US Embassy is in Tel Aviv, the libs went into a fit declaring this a gaff.
Or when Mitt went to London to see the Olympics, he opined that the amount of security was distressing. Was that a gaff?
Poland, Lech Walesa gave Mitt praise, and Mitt rightly praised Poland for their economic fortitude and small government approach.
Every liberal writer, reporter and blogger simultaneously succumbed to the vapors. I dared not watch MSLSD or the other "Nut-Works". All one has to do is Google the News and put Romney in the search subject with a range of one week.
You will see that the election is not based on the Republican defeating the Democrat Incumbent on ideology or statesmanship.
In the USA, you don't campaign against the democrat, you campaign against media instilled populism.The media however has a difficult time dictating foreign affairs to the populous. However the old standards will be trotted-out.
"Don't insult the Palestinians"
"Obama did it first"
"That's the same position as Obama's"
"Israel is an Apartheid State"

"The Sanctions are Working"
This election could be a referendum on Media Instilled Populism. I hope this doesn't cause Lawrence O'Donnell or Maddow to suffer an aneurysm. They have become the standard bearers of a collapsing regime: not necessarily the current administration, but the Media's arthritic grip on popular opinion.

  %%%%%%%%%%%%%%UPDATE%%%%%%%%%%%%%%%%%%%
Ok, I just want to add a link to Sultan Knish Blog. He expounds on what Romney accomplished with his rhetoric.

17 comments:

Tom said...

You must be enjoying that new French transaction tax. I see volume off something like 50%?

And we had a whole discussion yesterday about the extraterritorial tax on ADR's. Thankfully it's postponed.

ikaika said...

The UK warned them as did every investment guru in the developed world. How do you say "You'll be sorry..." in French?

Swaps

Tom said...

The banks aren't passing through the fee for their hedge on the swaps? Instead of 10 bips and a borrow cost one pays a commission no?

Chess said...

1---speed of light is a constant

2--- sun comes up in the east

3---does a bear shit in the woods

4---- are the Kennedys gun shy?

5-- media are pos libtards....

And Ill toss in that the next exec order wont be guns .It will be an end around the GSE'S director and free housing for eveyone.....I am looking for my new abode now...Key up Dire Straits...Money for nothin and chicks for free

ikaika said...

Tom,

a lot of the clearing banks are wrestling with this application since they don't want to get screwed if the French gov't decides to re-interpret the accounting.

So far, its just like Brazil. Buyer gets hit with a 20 bps tax (passed-through) but can avail itself to offset on same-day by selling equal or greater notional from same account.

There is also a list of securities that will apply.

Chess said...

You guys live this world. Are the countries wanting more moolah or trying to tone down the hft boys?..
And its has been sort of an interesting am with some programs...Id rather watch olympics.TTFN

Tom said...

Actually there is a separate tax for the High freq systems. This is just a tax on net change in position at the close.

Either way though, it's a profoundly stupid idea.

ikaika said...

Profoundly stupid and here to stay...

FYI - I was in NYC on Monday discussing this stuff with a few accounts. Had I been in NY/NJ area any longer I would have requested RFNJ beer summit.

Chess said...

Just a very quick lesson for the libtards that smart human beings will change behavior if they dick around with taxes..

Tom said...

Definitely do next time. Try to give me 24 hrs notice. You know how to reach me.

ikaika said...

Chess - HFT is the Frankenstein Monster unleashed by the Arthur Levitt SEC.
HFT has replaced the Specialist when it comes to sourcing liquidity.

The ability for the small investor to access the same technology as the big house was Arthur's dream.

I guess if Arthur ran a casino, he wouldn't have $5-$10 -$20 tables or a "high-rollers" club.

Chess said...

When they went after Knight I remember the day that CEO was ripping into Naz CEO for screwing up FB IPO.. What goes around comes around... Im waiting to hear cyber terrorism
I am sorry but I dont buy the premise that hfts boys and girls provide "liquidity" to the market..Ill wait for the flash crash that jus keeps on going..AS stupid as humans can be I do think they need to be in the loop .

Tom said...

OK ... now that I've totally hijacked your thread.....

Can you imagine Democrat defenders of Barak Obama calling anyone else "too insecure"?

frithguild said...

What do you do when the moderator hijack's a thread? :)

ikaika said...

When a thread gets jacked -Take a mulligan.

Chess: HFT's occupy the inside market in all the top tier names. Its a fact of life.

Back in the pre-Levitt days, Specialists and Market Makers had the ability to negotiate risk and liquidity by laying a spread and working in fractional measured market depth no less than an eigth.

Market makers were required to provide minimum liquidity size for at least 1000 shares and whenever you created a new bid or offer, your size was good for at least 2500 shares.

Arthur Levitt said the system didn't allow SOES (Small Order Execution Services) to game and fleece the market fast enough - see Archipelago (ARCA) which was the hell-spawn of Sheldon Machler - the founder of DayTech and his evil protege Jeff Citrin (The Island Exchange). Arthur wrongly assumed SOES represented small investors, when in fact they rep'd people trying to game liquidity and spreads.

Tom - pookie's toons has the same cover but with Obama

http://www.therightreasons.net/index.php?/topic/41415-todays-toons-8112/

and it links a lovely video montage

http://www.youtube.com/watch?v=MExdF4EQf3U

Chess said...

All you heard was how Mitt dissed the english but not a zip bout Churchill bust.. And has BHO ever been to Isreal?
Remeber I posted something awhile back bout the whisper game and when it circles back around it wasnt the original subject??? Well

WHAT WAS THE ORIGINAL IDEA HERE ????? LOL.

Chess said...

And Ikaika good stuff on the hft stuff. And I love the phrase Hell spawn