Use access key #2 to skip to page content.

The Mega-Perma-Bears are right. WE"RE ALL DOOMED!!!!

Recs

22

June 16, 2009 – Comments (15) | RELATED TICKERS: HOG

The elite crew of the most bearish bears who can see what others can't and believe that the United States is doomed, that most Americans will eventually lose their jobs or file for bankruptcy are right to be afraid, but their fear is misplaced.  It's not the economy that's going to get us, it's PIGS!  Big Fat Giant PIGS!  Look out for the PIG BOMB!

Pig Bomb: Hogzilla Lives

Pig Bomb: Super Pigs

Pig Bomb: Sinister Swine

I was absolutely wiped out after a long day last night when I was finally able to sit down and rest for a few seconds at around 8:30 or 9:00.  All I wanted to do was veg out to the television for a few minutes before going to bed, but nothing was on, no baseball, no hoops, no shows, nothing.  While filpping around, I came across a prime time Discovery Channel show called "Pig Bomb."  The absurd title caught my eye so I flipped it on for a few minutes.  It was freaking hirarious. 

The Discovery Channel is usually pretty good, but this show was absurd.  They were trying to make it look like there is an epidemic of giant Russian hogs is taking over the United States and that none of us are safe.  They seriously talked about pigs kicking in the front doors of houses and attacking people and they made it sound like none of us are safe.  I laughed especially hard when they had to put subtitles on the screen to translate what the hicks that they found to talk about the problem were saying.  Classic.

I'm sure that there is a lot of larger than normal giant pigs running around out there and that they are causing some problems, but to take a legitimately fixable situation and make it sound like the Armageddon is wrong.

The giant pig story is almost like a parable for what is happening with our country today.  A bunch of giant pigs on Wall Street and elsewhere got too greedy and too powerful and they wreaked havoc all over the world.  There clearly was a problem and we will pay the price for the excesses of the past two decades for a long time to come in the form of slower than normal growth.  But in my opinion, to take the current situation and to assume that we're doomed and that most Americans will eventually lose their jobs and file for bankruptcy is taking things too far.  You have to be careful when you're predicting the end of the world because it only happens once.

Deej

15 Comments – Post Your Own

#1) On June 16, 2009 at 10:27 AM, catoismymotor (< 20) wrote:

You watched that as well?! HAHAHA! I loved that Russia has the meanest swine of all. And Hogzilla was killed about 90 miles south of where I live. National Geographic did a show on Hogzilla. They dug up the bones. The beast turned out to be only 70% as large as the claims that were made. Plus they hypothesized that Hogzilla was purposly made by leaving bins of open grain near the trees on a plantation that specializes in wild boar hunts. Can you say "free publicity"? I knew you could.

The worst senario I can imagine is a cottage industry of professional boar hunters will develope to take care of Hamilton and all his tusky buddies. Wild pig is a delicacy. The meat would bring a premium. In a decade there would be no more boar problems if we approached the issue like the hunters of the 1880s did with the Buffalo.

Beware the Hogulator!!!!!!!!!!!!!! Sorry, I could not resist.

Cato

Report this comment
#2) On June 16, 2009 at 10:45 AM, carcassgrinder (41.83) wrote:

Have the bears been calling for gamma bursts or meteorites?  The fall of the U.S. economy is not the end of the world.

Report this comment
#3) On June 16, 2009 at 11:01 AM, TMFDeej (99.27) wrote:

Hi Carcass.  Some of the most bearish people have been predicting large global wars as a result of the economic problems that the U.S. is experiencing. 

Others are predicting that more than half of the people in the U.S. will lose their jobs and more than three-quarters will go bankrupt.  While that technically isn't the end of the world in terms of it exploding, if this sort of a scenario came to pass the resulting social unrest and mass riots that would likely happen would make it feel like the end of the world in a Cormac McCarthy, The Road sort of way.

Deej

Report this comment
#4) On June 16, 2009 at 11:33 AM, carcassgrinder (41.83) wrote:

Sup Deej, 

Exactly my point.  Market crashes, economy implosions, corruption, riots, massive wars and plagues..have all occured throughout history with relative consistency.  None of which have meant the end of the world, life or even hope. 

It's funny to me how people who are so indulged and absorbed in the markets tend to think the rest of the world rotates around the markets...ie. when the markets end...THE WORLD ENDS. 

Truth be known.....probably close to 99% of the human race could give a shit less about the markets...aside from the fact that they can implicate their daily lives through no influence of their own. 

If the markets disappeared tomorrow....the majority of the planet would give a shit less...they would go from poor to poor.  Believe it or not....the majority of america would give a shit less.  Except, of course, for those few whose contribution to the planet is trading paper.  Nothing against paper traders.  But through spending much time reading these blogs....I must say...this community can be a bit nearsighted.  Especially for a group of people who hope to have their finger on the pulse of the world economies. 

Saw that  Discovery show....unfortunately Discover has dumbed down for ratings like most....may I suggest the science channel which is only nominally better...but better.  Always enjoy your posts Deej, thanks.

Report this comment
#5) On June 16, 2009 at 1:23 PM, TMFDeej (99.27) wrote:

Thanks Carcass.  The Science Channel is great.  My young son and I love the show Really Big Things.  It has all sorts of other cool stuff as well.

Deej

Report this comment
#6) On June 16, 2009 at 2:23 PM, bigcat1969 (93.06) wrote:

Read Nightfall by Asimov.  Maybe the world can end more than once, in fact maybe it is intended to.

Report this comment
#7) On June 16, 2009 at 2:59 PM, Tacomatight (70.79) wrote:

"You have to be careful when you're predicting the end of the world because it only happens once."

Doubt it's your quote but it's a great one! Is that a real pig?

Report this comment
#8) On June 16, 2009 at 3:24 PM, alstry (35.87) wrote:

Deej,

We are already at what is approaching 50% unemployment if you back out entitlement payments and those working part time.

Remember, in The Great Depression we didn't have welfare and other entitlements and those people were counted as unemployed.

Let's see how long your money lasts to keep people off the employment rolls.....my guess is not too much longer before Obama will have to tax you 100% of your income simply to keep our REPORTED unemployment rate low.

Go back to watching TV....reality is going to scare the heck out of you.

Report this comment
#9) On June 16, 2009 at 4:16 PM, TMFDeej (99.27) wrote:

Hey Taco.  That's not my quote.  I actually got it from CNBC regular Art Cashen.  He's got some great sayings that he likes to pull out from time to time.  That's one of them.

Yes, that supposedly is a real pig nicknamed Hogzilla.

Deej

Report this comment
#10) On June 16, 2009 at 6:40 PM, IBDFool4U (92.84) wrote:

Bulls make money, bears make money, pigs get slaughtered.

Hahah, I couldn't resist!!

Report this comment
#11) On June 16, 2009 at 7:39 PM, 119862913 wrote:

Personally, I'm afraid of the Demonplicans. I guess everyone has their terror threshold.

Report this comment
#12) On June 16, 2009 at 10:54 PM, whereaminow (45.39) wrote:

Funny post.

Question: do you actually believe that Greed is the reason for the crisis, or was that you just being facetious?

I suppose if your analysis ended at Wall Street greed, you would think that everything is going to be fun. But that's a little superficial. Blaming greed is like blaming gravity when a plane crashes.

David in Qatar

Report this comment
#13) On June 16, 2009 at 10:55 PM, whereaminow (45.39) wrote:

think that everything is going to be fun

think that everything is going to be fine.

 Either way...

Report this comment
#14) On June 17, 2009 at 5:49 AM, TMFDeej (99.27) wrote:

Thanks David.  Greed will always exist.  It's supposed to to a certain extent in business.  A lack of proper legislation and the removal of existing functional legislation by the government is probably more to blame for the crisis than greed.

Deej

Report this comment
#15) On June 17, 2009 at 8:48 AM, whereaminow (45.39) wrote:

I don't know Deej. I see a SEC regulation guide book that is 4,116 pages long. That's quite a bit of regulation. I see thousands of laws, tens of thousands of government regulators, and millions of pages of government rules. 

Could it possible that the government spits out so much regulation that nobody reads it? (even the paid regulators - the government folks I've worked with are so allergic to reading they become illiterate)

David in Qatar

Report this comment

Featured Broker Partners


Advertisement