Prize

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

April 22, 2015

Honoring Earth Day


     Today is Earth Day.  Time to remember the people who bring you the right stuff, oil.

     Oil, that black gold that delivers your off-road vehicle unto all those sanctimonious conservation hotspots - and powers your family SUV to ecology movement meetings,  your commercial airliner to sustainablility conferences, your cruise ship to save-the-whale sightings, and rockets weather satellites into place for backup data supporting your global warming fantasies, and transports air pollution monitoring devices to every corner of the freaking globe, AND EVEN MADE POSSIBLE those helicopter drops into baby seal country back in your wilder and goofier days: yes, it's time to remember the capable folks employed by America's large cap oil corporations.  Remember and honor them.

     Here’s a link to ExxonMobil’s 2014 Summary Annual Report.  Take a moment to honor their efforts to give Americans affordable energy out of a resource controlled by ragheads trying to decapitate those White Christians who are still among us.  Honor these wonderful, dedicated professionals by sitting down, shutting your freaking pie hole, and reading it for what it is for once: how free-market capitalism gets your fruitcake ass around:



       

April 21, 2015

Flash Crash Perp Busted


     The 2010 Flash Crash, some of our valued subscribers may recall, gave birth to this blog.  A 600 point drop in the Dow Jones Industrial Average (the Dow) in five minutes indicated that human roles at the New York Stock Exchange (NYSE) had been supplanted by some automated system(s) that no longer offered the kind of protection investors had traditionally enjoyed from actual people who were there to toss out manipulative orders that would chop, say, 600 points off the Dow in 5 minutes if you accepted them.

     Well, somebody has been fingered for it, apparently the whole 600 point thing, and the alleged Flash Crash perp has been arrested in the U.K., and our Department of Injustice has requested his extradition.  Here's the coverage by 247wallst.com:

http://247wallst.com/investing/2015/04/21/did-one-overseas-futures-trader-overly-contribute-to-the-2010-flash-crash/

     Maybe some day we'll be treated to more juicy details, but the summary material in the piece linked above is good enough for now.  Just note that there is no mention of human roles on the NYSE.  The perp got busted for placing the orders, but nobody faces charges for the real crime here, taking people out of the equation.


April 19, 2015

No Ivy Leaguer Left Behind


     A political act, seizure of the US Treasury Bond market, has done what rhetoric could never achieve: place the nation under provisionary communist control.  It’s crippling effect, preventing capitalism from holding pinko politicians responsible for their wild-spending ways, will soon turn deadly, the American way of life snuffed out by mutant New Deal Great Society Obamacare fiends who rule with one, and only one, objective in mind: usurping personal power through the suffocating death grip that Stalinism wrings around its citizens’ economic necks.

     They don’t care about “civil rights”.  They don’t care about “diversity”.  Or “equality” or “redistribution” or any headline-grabbing thing else that comes out of their lying mouths.  It’s all about taking his/her place in the hierarchy that rises to permanent supremacy in the traditional communist structure, where the inconvenience of voting is no longer necessary as the all-seeing ruling class knows what’s best for the country, not her uninformed masses.

     What matters is taking one’s piece of the throne.

     That’s already how the sitting Commie-in-Chief governs - by executive order.  He doesn’t live in a democratic society, and never has.  He lives in the anarchistic fantasyland that is Trotskyism.  There, POTUS is the one who puts the rest of us under totalitarian control.

     Witnessing pinko politicians pull all this off over the years has been difficult enough, but equally disturbing has been the abject failure of opposing politicians to identify recent events for what they really are – closing-game moves in the Cloward-Piven plan formulated at Columbia University decades ago and systematically carried out ever since, the Cloward-Piven plan to eradicate the greatness that is the American heartland and everything about its capitalist White Christian roots.

    That’s the real problem in all this.  Those who should be defending us from the horrors of revolutionary Bolshevism aren’t.  And to address their abject failure, MacDougal has had to ask one basic question.  “What the f#ck is going on around here anyway?”  Fortunately all the answers point to the same d%mn place.

     This country’s leadership class.  The seemingly never-ending pack of Ivy League elites.  Yalies and Harvards come readily to mind, but enough of the rest to make power-mongering through that entitlement network a league thing.  All demonstrating the kind of dimwitted absence of understanding that can only stem from a complete lack of education about the Communist Party in America and how those subversives got away with calling themselves  first “Liberals” and now just “Democrats”- and still do despite the US T-Bond market takeover making them g%dd$m blood-in-the-retirement-income-portfolio commie terrorists today.

     Fortunately, MacDougal has a solution.  While the Ivy League consists pretty much of 1) the addle-brained children of the rich and 2) slippery con artists cheating their way around those inconvenient college entrance exams, there’s still hope for their ilk - if someone can just wire their neglected cranial circuits with the same kind of quality education that still exists elsewhere in this formerly great nation.  Just because some people don’t know their aft parts from a hole in the ground, as the edited version of how our blogger puts it goes, doesn’t mean they can’t learn.

     And how to improve Ivy League schoolwork is even easier than identifying Ivy League schoolwork as what’s wrong.  The Texas State Board of Education, which already does such a wonderful job approving textbooks, curriculum standards, and supplemental materials used in their elementary and secondary schools, is already in place, and can simply add grades 13 through whatever to the existing workload.


          We call it, the No Ivy Leaguer Left Behind Program.  In a country whose future is now decided by falderal and prattle, giving our less-than-great leaders a chance at getting the same quality education the rest of us enjoy, might make all the difference in the world.   Literally.



April 14, 2015

Hard-to-Swallow News, Part Duex


     Were it not being written by the Commie propaganda machine these days, History would show that the Trotskyite takeover here occurred the day the Central Party in Washington seized control of our US Treasury Bond market to keep interest rates from holding wild-spending Stalinist politicians accountable for their profligate ways.  Under the former free market system, the sitting Prodigal-in-Chief and most of his pinko buddies would've been sent packing at the last election, disgraced by hyperinflationary proof of the utter disregard for Capitalist values lying at the heart of their unAmerican ways.

     And those pinkos include Monica Lewinsky's failed rival for former President Willy Clinton's unnatural sexual desires in and around the Oval Office, who just announced her intention to run for Totalitarian Dictator herself and bring Willy back to the scene of the highly-publicized spectacle that taught American schoolchildren all about extramarital oral sex, including how to have some and in a historical way too.

     An email we recently received calculates that the Communist Party is currently paying the nation's Welfare Queens and their layabout courts something like $70,000 a year in various Government entitlement benefits, a royal amount that goes unchallenged by everyone in the Central Party so it must be at least close to right, to keep their ilk from rioting in the streets, which is what would happen if anyone with Trotskyite credentials would as much as suggest the lazy-a$$ bitches go out and work for a living like everyone in the country who supports them.  70 f#ck!ng thousand dollars a year, people.  70 f#ck!ng thousand.

     The MacDougal Post supports everyone else in the race ahead of Monica Lewinsky's failed rival, and has 70,000 reasons why.  One, two, three, four, five thousand welfare dollars, six, seven ,eight, nine, ten thousand welfare dollars ...........

     Oh, go ahead and count the rest of them yourself.



April 9, 2015

Following the Money, or Not, with that ETF of Yours


     The typical Exchange Traded Fund (ETF) is marketed as a passive investment because its portfolio manager simply strives to offer investors some stock index in an investable form.  A bunch replicate the popular Dow Jones Industrial Average or S&P 500 for you, and loads more are based on the so many lesser-known indexes that are now around.  Since stock-picking isn't involved, ETF's are supposed to charge relatively low management fees, one reason for their popularity among investors large and small, plus lately those cited above have outperformed mutual funds for a notable period of time, reason enough to listen up no matter what is going down.

     MacDougal has a problem with any investment vehicle that makes him pay capital gains tax on a schedule other than his own, and could never wrap his head around all the active investing involved in passive investing, namely those huge volumes of buying and selling needed to accommodate fundholder purchases and sales. He really got scared off when the widespread clandestine use of derivatives was revealed to be the ETF solution to the very question he had in mind.

     Below is a Seeking Alpha link to a brand new issue that, to our knowledge, hasn't been raised before - the lack of transparency in cash flow management in this industry, namely, steady streams of dividend income coming into your ETF getting turned into lumpy, unpredictable chunks of dividend outflow for reasons totally unknown.

     Bernie Madoff left us a warning call.  If you're going to hand over your money to somebody else, it's a really good idea to make sure you know what's going on inside that shop.  Everything.  Here, we don't.  The topic's probably a tad arcane for non-accountants, but if you're interested, there are juicy comments under the piece made by some of the biggest buy-side gurus in the dividend investment game.  You may want to check them out too; they're the folks coming up with all the answers down there if you're unfamiliar with their names.

     Mostly, we're sending this to our valued subscribers because the issue is so brand spanking new MacDougal feels that, like him, you'd probably enjoy being let in on the cutting edge of some Wall Street thing for a change - and there's a whole lot of great stuff in and under the piece that's also getting passed along.

http://seekingalpha.com/article/3056576-several-dividend-etfs-slash-their-dividends-by-up-to-22-percent?ifp=0

Caveat Emptor


     Having apprenticed under professionals managing portfolios before, during, and after the Great Depression, MacDougal still carries their perspective: his investment-grade universe includes only common stocks of powerhouse corporations with squeaky clean financials that, in the worst of times, will improve their domination by feeding on the carcasses of competitors caught chasing growth instead of survivability.  Last time we looked, there were substantially fewer than 100 investment-grade securities around.

     Exxon Mobil is one of those names.  So is Royal Dutch Shell.  And the oil patch may well be entering one of those times.  The recent Royal Dutch merger offer triggered a slew of media pieces appropriately looking to Exxon to start bottom feeding soon.  What fascinates MacDougal, however, are some of the other names coming across his screen.  Typically, Wall Street sucks investors into a growth-is-everything viewpoint, ignoring the lessons of 1929, and they're at it once again.  The absence of balance sheet analysis here is difficult to excuse. 

     Royal Dutch Shell and Exxon have the financial muscle to better themselves substantially in the current environment, particularly if industry weakness continues for a while.  Elsewhere, you may want to ask the same question MacDougal has been screaming all over the office the last couple of days.  What on earth makes these a$$&@!&$ think that outfit is going to even be around?



April 1, 2015

Health Warning


     Recently former Fed Tyrant Ben Bananas published a Commie-minded line of drivel claiming he didn't throw seniors under the bus when he started grabbing all the T-bonds seniors relied on for retirement income in the past and had his Trotskyite regime take them off the market and if he did throw seniors under the bus, it was the resulting rigged market that marked interest rates so low seniors couldn't live off those nonexistent T-bonds anyway if the Central Party hadn't bought them all up in the first place - the resulting rigged market and not him.

     Arcane theory, Comrade Bananas attempts to blow up your a$$, trumps the reality that you have no safe source of reliable, Government guaranteed f#ck!ng interest income anymore. 

     Here at the Post it's our policy to withhold links to anything that makes MacDougal throw up, so we didn't give that one to you, and staff strongly suggests that you , as well as everyone else in the nation, avoid any close contact with the nauseating Bananas babble and, as the despot threatened to turn our beloved internet into a vomitorium and write more intelligence-insulting prattle that doesn't even mention the recent Communist takeover in Washington, our Editor-in-Chief urges subscribers to never ever set eyes on any stomach-turning thing else the pinko Stalinist former Fed Tyrant scribbles in the future.

     You'll be tossing your cookies all morning long if you do.