Dear OPEC:
Panic.
Most Sincerely,
United States, China, Europe
Oil Falls to 19-Month Low on Concern Slump Is Hurting Demand [Bloomberg]
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Dear OPEC:
Panic.
Most Sincerely,
United States, China, Europe
Oil Falls to 19-Month Low on Concern Slump Is Hurting Demand [Bloomberg]
You can log in with your account or comment as a guest below.
Dear Arabs,
Don’t worry – I got your back. NOT!!!!!
Obama
short, sweet and to the point.
For once ep: too short, did read.
For all who are worried about the US losing its hegemony, the crash in oil should allay your fears.
Russia, Venezuela, Iran, Canada – pretty much all of the evil petrol states are in deep, deep trouble – much worse than the US.
Our only real competition will come from the Chinese and it will take them ~50 years to grow their economy to really challenge ours.
If we want to retain American hegemony, we really need to bear down over the next few decades and continue to innovate, raise productivity, and be a little smarter with our consumer spending.
here comes the embargo
Hey shortoil i fucking asked you to provide evidence of Saudi manipufuckinglation and you still haven’t. wtf man
#4 Didn’t know Canada was an evil petrol state. Good to know, because they’ve got water too. Let’s liberate their oil and water. As they say, the 3rd war’s a charm.
@6
The sheik hasn’t gotten back to me yet
@ #7 What war? Canada is a “peacekeeping nation” … besides, the liberals up here would welcome Obama, rather than Stephen “Bush” Harper.
@8
Sheik-yer-buti here:
Out on the golf course, can’t talk now, but will catch up with you later on worldwide manipulation, price fixing and what we are going to do about that loose cannon Chavez
S Y B
sent from my blackberry wireless
really ?
http://www.change.gov/
My bad- Go to the jobs link..um..you know if you worked at GS a few days ago.
http://www.change.gov/page/s/application
too short, fell asleep
Here’s what the markets think about Obama – worst 2-day performance of the S&P ever. By far! Good work electing a socialist, fucktards! I am super short equities on his election so i am happy….Dow will go to 6000 because you New York liberals voted for this doofus.
2008 -9.66% Obama
2004 2.78% Bush
2000 -1.08% Bush
1996 2.05% Clinton
1992 -0.27% Clinton
1988 -0.60% Bush
1984 -1.24% Reagan
1980 -0.19% Reagan
1976 -0.58% Carter
1972 0.35% Nixon
1968 0.47% Nixon
1964 -0.23% Johnson
1960 2.41% Kennedy
1956 -1.34% Eisenhower
1952 0.87% Eisenhower
1948 -2.75% Truman
1944 -0.11% Roosevelt
1940 1.88% Roosevelt
1936 3.16% Roosevelt
1932 1.49% Roosevelt
1928 1.37% Hoover
@4- what the hell on lumping Canada in with Russia, Venezuela and Iran.
Put down the crack pipe
@14- you’re a fucking idiot if you think the market doing badly the last 2 days had anything to do with obama. it doesnt and nor would it have anything to do with mccain if he’d been elected. did obama/mccain tell the banks to make ridiculous decisions and taken on obscene risk? no, they didn’t, fucktard. do you really think the shitstorm that we’re in right now could so easily be solved by the markets being happy with someone elected? don’t bother responding simpleton, just slink back to your teller’s station.
Obama will confiscate the earnings of the professional class. He said so. That means you. Oh i don’t mean you unemployed trolls. I mean people in finance, doctors, dentists, lawyers, accountants. Your money is all belong to Obama.
I love all these guys who are long and voted for McCain. They got double whammied….
Been short the market and long Obama for over a year. Looking forward to paying more taxes because I’m going to be paying a lot.
See you later McCain suckers!!! Haha!!! Hey, look at the bright side, you’ll get a tax break if you’re long or work at an I-Bank since you wont be making more than $250k.
Oh-Bah-Mah!
I love the guy – he’s making me rich.
What’s Gasbag got on the story?
Good job #14
Because all of those post-election results had to deal with the worst credit crunch/financial system malfunction ever
Obama will confiscate the earnings of the professional class. He said so. That means you. Oh i don’t mean you unemployed trolls. I mean people in finance, doctors, dentists, lawyers, accountants. Your money is all belong to Obama.
@18
I hear you. Anyone dumb enough to not see Obama was going to win this thing deserves to lose money.
They’re going to be the biggest Obama fans in a couple years when they are in the welfare lines or making less than $100k.
Time to pay the piper for the sins of the past.
@17, that will take care of welfare for us unemployed. me, me, me, fuck you.
@17-obama will just make you put it in a hedge fund
#14 thats very cool, thanks for taking the time to illustrate WHAT STUPID MORONS the Obamanites really are. We are in deep shit for the next four years people…deep shit socialism DOESNT WORK
@16 –> Simmer down. You Obama-freaks need to lighten up, you won.
Every time Obama wins, the stock markets fall. These are the facts:
*June 2nd, after he wrapped the Democratic nomination against HRC, Dow Jones -134 (back then, -134 was a lot).
*September 29, Monday after 1st Presidential debate; which was deemed a tie, Dow Jones -775
*October 3rd, Friday after 1st VP debate, in which R Sarah Palin was roundly scourned, Dow Jones -159.
*October 9th, Thursday after 2nd Presidential debate, McRage used “that one” phrase, Dow Jones -683
*October 16th, Thursday after 3rd and final Presidential debate, Obama was much cooler and won, Dow Jones -123
*Yesterday, November 5th, after Presidential election was won by Obama, Dow Jones -478
NO MATTER HOW YOU CUT IT, THE FINANCIAL MARKETS HATE MORE REGULATION AND TAXES. TAX “THIS” LIBERALS!!!
Haha, I was just baiting the Obama freaks. The people I know who were rooting for Obama (like #16) are actually depressed now because they got to focus all of their anger on Bush and the ‘evil Republicans’ and the now they don’t know what their purpose in life is.
I have a cool idea for them. Short the stock market. Socialism might be great, whatver, but it’s not good for economic growth, productivity, corporate earnings. Since you Obama guys all hate capitalism, you can enjoy watching Obama and friends take it down in flames. Dow at 5000 in a year. Write it down. November 2009.
Haha, I was just baiting the Obama freaks. The people I know who were rooting for Obama (like #16) are actually depressed now because they got to focus all of their anger on Bush and the ‘evil Republicans’ and the now they don’t know what their purpose in life is.
I have a cool idea for them. Short the stock market. Socialism might be great, whatever, but it’s not good for economic growth, productivity, corporate earnings. Since you Obama guys all hate capitalism, you can enjoy watching Obama and friends take it down in flames. Dow at 5000 in a year. Write it down. November 2009.
Haha, I was just baiting the Obama freaks. The people I know who were rooting for Obama (like #16) are actually depressed now because they got to focus all of their anger on Bush and the ‘evil Republicans’ and now they don’t know what their purpose in life is.
I have a cool idea for them. Short the stock market. Socialism might be great, whatever, but it’s not good for economic growth, productivity, corporate earnings. Since you Obama guys all hate capitalism, you can enjoy watching Obama and friends take it down in flames. Dow at 5000 in a year. Write it down. November 2009.
#14. I also have a election indicator. Every election since ’92 I have monitored the deuce I dropped on election day. The quality of it has been a reliable indicator of that presidents performance:
’92 Massive deuce. Wrapped around the bowl.
’96 It had the makings of a legend but oddly was cut short. Couldn’t get the rest of it out.
’00 Diarrhea
’04 Massive Diarrhea
’08 Two deuces.First was green and rather unimpressive. The second, was massive, even bigger then ’92.
IMPEACH OBAMA !!!
(My immaginary-friend – who loves REAL Americans best – told me to say it.)
The day before Bush took office on January 21, 2000 the S&P closed at 1,445. Today it closed at 905, down 37%. That’s an impressive accomplishment over 8 years.
Managed to completely socialize our banking system in the process.
The republicans have been awesome for us shorts. I will miss them. I may need to go long when Obama gets in office. Democrats have a much better track record with equities than the GOP.
Yeah I guess you Obama liberals are going to get what you wanted. You all hate evil ‘corporations’ and fat cat ‘hedge fund managers’ and other entrepreneurs. (Except for Warren Buffett and George Soros, who you think are just dandy for some reason.)
Well guess what, you are getting your wish. Corporations and hedge funds are going to get fucked, along with the general economy, under Obama socialism. Yes the Dow would be lucky to bottom at 5000, I agree with #30.
Of course the poor will get absolutely screwed too, is the irony. But do the Obama liberals really care about them? Um, no.
@31 Best post of the day. LOL
The day before Bush took office on January 21, 2000 the S&P closed at 1,445. Today it closed at 905, down 37%. That’s an impressive accomplishment over 8 years.
Managed to completely socialize our banking system in the process.
The republicans have been awesome for us shorts. I will miss them. I may need to go long when Obama gets in office. Democrats have a much better track record with equities than the GOP.
36 Someone yesterday bragged to me about the tremendous prosperity of the first six years of the Bush admin. He wouldn’t admit that it was almost entirely housing based and therefore essentially a pump and dump scheme that has since come home to roost. Good riddance to all of you. You should gracefully step aside (or go back to Staten Island) and let more competent people run the show.
What? No one could see today’s market performance coming?
For the last fucking time Obama isn’t a “socialist”. Was Bill Clinton a “socialist”? He just named a dude that used to work for Bruce Wasserstein chief of staff, for god’s sake.
He’s gonna deficit spend the shit out of the budget in 2009 but we probably need that at this point. Stimulus checks are stupid – give the consumer cash during a crisis and they don’t spend, they horde. Direct government spending is going to be the only way to get this bus moving again.
#33, #36,
Good try, except Bush took office on January 20, 2001. Oops, you are a total retard. Not to mention a butt-munch. Go back to Butt-Fuckingham Palace, you queen. Why don’t you go long with Obama’s long cock up your ass?
So, the Clinton administration ‘prosperity’ was just a pump and dump with people buying dotcom stocks like socks.com. Same thing, except more ridiculous and silly.
41 Not the same thing, because dotcom was not the sole area of prosperity in the economy and didn’t even begin to take the rest of the economy down with it when it exploded, like housing did. Now, if you said Clinton should count himself lucky for having been in place at a time when tech gains caused productivity to soar and the economy to benefit significantly, you would have been correct. But Staten Islanders are not known for their sharp minds.
@40
Oh, thats much better. S&P was at 1,342 that day, so old Bushie is “only” down 33% “so far”….
My guess is that the previously stated 37% will be optimistic when you measure from his actual departure.
@14
You are a moron. What kind of business or investing are you in? I bet you are broke.
Everyone please stop blaming one man even a prez for this meltdown, its just un-intelligent. it was/is many factors, people and policies over many years. the anti Bush sh!t is so old already.
this is quite simple to settle: find that article talking about the last ten presidencies, 5 repub / 5 dems. perf of market much better under dems than repubs, even if one takes out hoover. and, btw, Obama will end up being a centrist… because the ‘wag the dog’ element here is that, away from the cameras, both dems and repubs kick back together with snifters, cigars, and whores at night. Think Fannie / Freddie year-round… with that liberal fuck Barney-backdoor being the only socialist in the room.
this is quite simple to settle: find that article talking about the last ten presidencies, 5 repub / 5 dems. perf of market much better under dems than repubs, even if one takes out hoover. and, btw, Obama will end up being a centrist… because the ‘wag the dog’ element here is that, away from the cameras, both dems and repubs kick back together with snifters, cigars, and whores at night. Think Fannie / Freddie year-round… with that liberal fuck Barney-backdoor being the only socialist in the room.
I would rather pay more taxes knowing that it goes to build infrastructure in the US than in Iraq. I also don’t wanna pay for bombing Iran and bases overseas. Doesn’t matter if you elected Repub or Dems, they all spend because they are politicians. At least Obama will spend in the US. Those of you who just wanna call each other “socialists” need a reality check. Especially considering the huge debt and the the bailout.
@4:
Don’t you canada Canada here; my parents are moving there now that god knows what has taken over this country.
Canadians are actually lowering corp taxes (the target is 15% by 2012). BLP reported this morning that Canada is the only G-7 country with projected positive growth next year. And with global warming, Canada may actually be the place to be.
On another note, British bankers are apparently descending on Canadian banks in droves (no bonus caps).
@9
Are you out of your mind or just indian?
My Prius just broke down and I couldn’t get to DB until now…what’d I miss?
last 20 presidencies, 10 Rep / 10 Dem
http://www.nytimes.com/interactive/2008/10/14/opinion/20081014_OPCHART.html