Prize

........... Recipient of the 2010 MacDougal Irving Prize for Truth in Market Manipulation ...........

June 21, 2012

This Summer’s Con (Today's Blog is X-Rated)


           We haven’t watched TV in maybe three weeks, and when we do, the market is tanking and one of the talking heads says it’s because Goldberg, Styx put out this memo to clients saying the market should.  Or would.  Or however the purse-snatchers couch those things.

           Since the beginning of rigged-market Nepotism, Crime Lords have been accumulating ginormous short positions by tricking clients, getting them to buy, buy, buy into their counterparty short-selling (see the last few weeks) and then using media co-conspirators to make these same marks sell, sell, sell into the kind of market turbulence that can bring The Families piles and piles of swagger when the financial mobsters cover those shorts at the (we’re guessing August-September) lows.  The middle part is done by terrifying the Nation's adult population with the kind of news programming that actually lets the sonsofbitches go on the air with todays "lead (fucking) story", scaring the sheckels out of clients they've just finished pumping up with confidence that Goldberg, Styx professionals should be the ones picking stocks for them.

           Why the entire Goldberg, Styx staff, everyone who's ever opened his/her mouth on corporate TV, and all our hotshots at the Securities and Excuses Commission, each and every single head-in-the-sand hotshot, are never called out for this, let alone tossed in the slammer, continues to confound us.

           There’s a good chance the offending TV set will not be turned on again until Fall, and only then for Northwestern Football (Go Cats).  We’ve been getting all our news from the bloggers for a while now, and only find reasons to keep it that way every time the matter comes up.


           Like now, for one.


June 18, 2012

It Hasn’t Been Written Yet


           The Senate calls for a hearing on those huge gambling losses we read about on the internet, and the Senator asks the trillion dollar question, would the trading activity producing that red font color have been prevented by the Volcker Rule?


           The CEO of Fallutin National Bank responds, “I don’t know what the Volcker Rule is. It hasn’t been written yet,” and with those words, the hopes and prayers of MacDougal Post subscribers everywhere in the civilized world and Iceland are dashed.


           Washington has done NOTHING to address the Financial Apocalypse of  FOUR YEARS AGO.  Absolutely NOTHING, and with that answer, coming straight from the lips of the biggest reason for our Govenment's failure to act, the Fallutin National CEO, we are assured that his lobbyists will continue to stand squarely in the way of financial reform, blocking anything and everything – legislation, regulation, whatever you got - that would otherwise threaten his own personal reign of financial terror and those of the other greedy Crime Lords prospering in criminal affluence along with him.


           There is video of that exchange somewhere in cyberspace.  If you run across it, watch the look on the marauder's face when he serves us this notice.  We're too disgusted to go and find it for you, and don't want to spend another sleepless night haunted by the spectre of this racketeer's arrogance.

June 8, 2012

Nut Job for President



           We don't have anything even remotely close to free-market capitalism in this country.  When viewed as a sytem, the relevant components can only be considered rigged-market nepotism.  And now it appears that the ruling class is offering their Plutocracy yet another criminally insane nut job to lead us.  Geeze, what a surprise:





Classmates: Mitt Romney Impersonated Police Officer In High School And College



The Huffington Post  |  By Nick Wing


           GOP presidential candidate Mitt Romney has long contended that he's a good-humored practical jokester who is only misunderstood as stiff and over-programmed.


           As a high school student, Romney's mischievous disposition was frequently on display. Classmates told the Washington Post in a piece published last month that this sometimes led him into unpleasant territory, such as the time he and a group of friends pinned down a screaming boy -- who was presumed to be gay -- and gave him a "hack job" haircut with a pair of scissors.


           In another questionable display of his inner prankster, it now appears that Romney was also reportedly fascinated with police uniforms, which he sometimes put on to carry out elaborate practical jokes.


           According to a report from National Memo, Romney was open about this practice, telling fellow students at Stanford University, where he studied for two years, that he "sometimes disguised himself as a police officer."  According to classmate Robin Madden, Romney once brought a group of classmates up to his dorm room where he showed them his Michigan State Trooper’s uniform.


From the National Memo report:


Said Madden in a recent interview, “He told us that he had gotten the uniform from his father,” George Romney, then the Governor of Michigan, whose security detail was staffed by uniformed troopers. “He told us that he was using it to pull over drivers on the road. He also had a red flashing light that he would attach to the top of his white Rambler.”


In Madden’s recollection, confirmed by his wife Susan, who also attended Stanford during those years, “we thought it was all pretty weird. We all thought, ‘Wow, that’s pretty creepy.’ And after that, we didn’t have much interaction with him,” although both Madden and Romney were prep school boys living in the same dorm, called Rinconada.


           Madden's account of a young Romney who excitedly spoke of his habit of impersonating a police officer, which is illegal in many states, has been corroborated in the past by other acquaintances from the GOP presidential candidate's youth.


           A magistrate at Cranbrook, Romney's boarding school, recounted a famous prank in which Romney dressed up in full uniform and a badge, and placed a police light on top of his vehicle in order to pull over a car full of friends on a double date.


           The story has also been told in the book The Real Romney as well as by fellow students of the future Massachusetts governor.


Graham McDonald, a friend of Romney's at the time who'd helped him plan the joke, explained the high jinks in an interview with the Philadelphia Inquirer:


As planned, Romney pulled their car over, demanded the vehicle registration, and asked for the keys to the trunk - where he "found" the bottle of bourbon McDonald had taken from his dad and planted as part of the ruse.


"He told me and my friend to get out with him, and that he was taking us in," McDonald remembered. The idea was to spook the girls.


           One of the young women involved told the Washington Post that she was "terrified" at the time, but that they'd all shared in the laugh after they realized what was really happening.


           While the treatment of such behavior has no doubt become more severe in the period between Romney's antics and the present, National Memo points out that impersonating a police officer is a crime -- and a fairly serious one at that -- in the states of California, where Stanford is located, and Michigan, where Cranbrook is located. While some may be concerned about the legal implications of the decades-old acts, the episodes appear more indicative of a Romney who, from a young age, displayed a comfort with power and privilege that his peers have suggested he used to act out in his quest for social acceptance.




           (Editorial comment from The MacDougal Post staff: We trust you noted how peers avoided the perp when they found out what he'd been doing.)

June 2, 2012

203



Rocks spontaneously combust in a mom’s pocket on a San Clemente beach due to “elevated phosphate levels” while across the continent a homeless cannibal eats his helpless victim’s face off in the money-laundering capital of the world owing to “elevated cocaine usage”.  Readers, you know who’s gotta be running this elevator.


Satan.


Counting today, there are only 203 days left in the Mayan calendar.  As of what would’ve been our December 22, 2012, there will be no more days left, and no tomorrows to invest for.


Certainly this explains how a hedge fund manager comes to be running for President of the United States of America against a Kenyan Muslim and his White-bashing wife.  Clearly the time has come to liquidate the portfolio(s), lock in a fixed annuity, and start dating Washington interns.  Nepotism is toast, and with it, the plutocracy.