Showing posts with label manipulation. Show all posts
Showing posts with label manipulation. Show all posts

Saturday, July 11, 2009

The Fox Nation Declares Victory Over Obama

By GottaLaff

Who's up for some yummy winger deceit? Hands? Oh goody, because here's some now! Lookee how The Fox Nation set this up:

http://www.newscorpse.com/Pix/Caps/foxnation-victory.jpg

Thanks to News Corpse, we get a heaping bucket of extra crispy Rushpublic lunacy:

To compound the absurdity of this item, the article linked to the headline is a story in the Washington Post that merely describes a delay due to the fullness of the Senate calendar. The Senate is busy with its top priority, the healthcare bill, and Sen. Barbara Boxer, the chair of the Environment and Public Works Committee, insists that the Climate Change bill will be addressed when the Senate returns from its August break. In other words, there is no “victory” in any legislative sense. The bill is moving forward in a relatively routine fashion.

So while the Fox Nation swaggers before its Mission Accomplished banner, the only real victory they have achieved is the unmasking of their deceit and their intent to manipulate public opinion. Now that is a cause to celebrate.

Wednesday, March 11, 2009

VIDEO-- Jim Cramer: Hey kids! Shorting stocks can be fun!

By GottaLaff

Ooo! Ooo! Jon Stewart! Lookee what HuffPost dug up:



Oopsie daisy! Someone just got even more ammo to use against Wrongy McScreamington Thursday night, didn't someone?

But come on, let's give Cramer a break. Shorting stocks can be fun... as we can see in his 2006 interview with TheStreet.com's Aaron Task:

In it, the host of Mad Money says he regularly manipulated the market when he ran his hedge fund. He calls it "a fun game, and it's a lucrative game." He suggests all hedge fund managers do the same. "No one else in the world would ever admit that, but I could care. I am not going to say it on TV," he quips in the video.

He also calls Wall Street Journal reporters "bozos" and says behaving illegally is okay because the SEC doesn't understand it anyway. [...]

-On manipulating the market: "A lot of times when I was short at my hedge fund, and I was positioned short, meaning I needed it down, I would create a level of activity before hand that could drive the futures,"

-On falsely creating the impression a stock is down (what he calls "fomenting"): "You can't foment. That's a violation... But you do it anyway because the SEC doesn't understand it." He adds, "When you have six days and your company may be in doubt because you are down, I think it is really important to foment."

-On the truth: "What's important when you are in that hedge fund mode is to not be doing anything that is remotely truthful, because the truth is so against your view - it is important to create a new truth to develop a fiction," Cramer advises. "You can't take any chances."

Okay, Jon Stewart, take it away!

Saturday, January 17, 2009

AUDIO: "For the past 8 years, this White House has mainly given the 4th estate and the 1st amendment the finger"

By GottaLaff

A must-listen:

President Bush bid his final farewell to the White House press corps on Tuesday. “Through it all,” he told reporters gathered in the briefing room, “I have respected you.” Really? Let’s look at the record.



A snarky recap by NPR of Georgie's relationship with the press. Thank you, Georgie, thank you (that will make sense after you listen to the audio).

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