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Markets are 'Revolting Against' Insanity: CEO Mark Fisher
CNBC ^ | , 5 Aug 2011 | Gennine Kelly

Posted on 08/06/2011 8:50:23 PM PDT by george76

The markets are "finally just revolting against all this insanity" and forcing us to come to grips with the reality of our debt crisis, Social Security, health care and all the problems with the European countries, Mark Fisher, oil and natural gas trader and CEO of MBF Clearing, told CNBC Friday.

The anxiety level is at such a high that people, it doesn't matter whether we are or not [going into a recession], it's the perception of where we are,"

(Excerpt) Read more at cnbc.com ...


TOPICS: Business/Economy; Editorial; News/Current Events
KEYWORDS: debtcrisis; depression; healthcare; markfisher; obama; obamadepression; socialsecurity
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1 posted on 08/06/2011 8:50:24 PM PDT by george76
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To: george76

Another CEO speaking out. I expect to see him in front of some congressional subcommittee soon.


2 posted on 08/06/2011 8:53:00 PM PDT by mlocher (Is it time to cash in before I am taxed out?)
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To: george76
They're all RACISTS.

They're only doing this because Ubama is a half-black Moslem brother.

3 posted on 08/06/2011 8:54:50 PM PDT by E. Pluribus Unum (Palin is coming, and the Tea Party is coming with her.)
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To: george76

Perhaps they will now speak with one voice and put an end to Obama’s BS.


4 posted on 08/06/2011 8:56:31 PM PDT by Norm Lenhart
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To: Norm Lenhart

Perhaps they will now speak with one voice and put an end to Obama’s BS.

**************************

Or move their support to Romney types.


5 posted on 08/06/2011 8:58:26 PM PDT by Psalm 144 (Voodoo Republicans: Don't read their lips - watch their hands.)
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To: george76

it doesn’t matter whether we are or not [going into a recession], it’s the perception of where we are,”

Richard Nixon said, “A recession is any time the
American people lose faith in the future.”

Uh, I’d say that was now, and it’s not a second recession,
we haven’t come out of the first one yet, thanks to BHO.


6 posted on 08/06/2011 8:58:41 PM PDT by tet68 ( " We would not die in that man's company, that fears his fellowship to die with us...." Henry V.)
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To: E. Pluribus Unum
"Mark Fisher, oil and natural gas trader and CEO"

Indicted and convicted swindler right there!

7 posted on 08/06/2011 8:58:56 PM PDT by Uncle Miltie (Gore Lauds Romney on Climate Position; 0bamaCare was based on RomneyCare.)
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To: george76

Halt all immigration and cut foreign aid.

All the nations that hate us need to step into the gap.


8 posted on 08/06/2011 9:11:19 PM PDT by Winstons Julia (when liberals rant, it's called free speech; when conservatives vent, it's called hate speech.)
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To: Winstons Julia

Said it before and will again. Cut FA to everyone, Put FA to Israel under defense spending because they are our outpost/ally in the mideast and make the public vote on FA to every other country one at a time.

Then go back to 2006 spending and void everything Pelosi through Obama have done by vote etc.

Eliminate the Alphabets except CIA/FBI. Open Drilling/end enviro crap.

Problem solved in the short-medium term, then work on a realistic solution for the rest.


9 posted on 08/06/2011 9:17:19 PM PDT by Norm Lenhart
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To: george76

Putin speaks out....

Putin says America has become a Nation of Beggars and Moochers. Fifty Four percent (54%) pay no taxes at all, Forty Five (45) million are on Food stamps. Another 15 Million are on Section 8 housing, etc., etc.
Once a great nation. It took Obama only 3 years to do what no other enemy could do in America’s history.
In honor of President Obama’s 50th birthday, Russia will be issuing Obama postage stamps.


10 posted on 08/06/2011 9:20:10 PM PDT by hapnHal (hapnHal)
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To: Norm Lenhart

Paging Palin, Cain, Perry, and West: Mr. Lenhart has what should be your platform right here!


11 posted on 08/06/2011 9:20:42 PM PDT by piytar (The Obama Depression. Say it early, say it often. Why? Because it's TRUE.)
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To: george76

We can’t “go into another recession” before we’ve gotten out of the one we have. We are going into another deep trough of the Obama Depression.


12 posted on 08/06/2011 9:26:12 PM PDT by dajeeps
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To: piytar

Hell, avoid the middle man. Vote for me!

Lenhart2012
“Vote for Norm and the globe won’t warm”

;)


13 posted on 08/06/2011 9:28:24 PM PDT by Norm Lenhart
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To: tet68
Uh, I’d say that was now, and it’s not a second recession, we haven’t come out of the first one yet, thanks to BHO.

--------------------------

Spot on tet68.

I AGREE WITH THAT

The President was correct in his state of the union address when he said we face a deficit of trust. Every day he does something to make sure that We the People have no reason to trust him.

Zer0 and his socialists have got some 'splaining to do come election time in 2012. Can any Rat give up the failed Keynsian economic policies and adopt zero based budgeting? No, that would be like trying to pry a fat hog away from the slop trough at feeding time.

Barack 'Jackwagon' Hussein and his administration only grow the Tea Party more and more.

Obama has fundamentally transformed our economy as he warned he would do. Let your elected officials know exactly how you feel about their job ratings, loud and clear.

CUT, CAP AND BALANCE THE DAMN BUDGET.

FAST TRACK THE BALANCED BUDGET AMENDMENT NOW!!!

Reverse ObamaCare, NOW!

And we've been hearing since December 2009 that Obama is going to focus like a laser on the jobs problem. So far... zip. The US gross domestic product grew at LESS THAN 1% in the first half of 2011 and job creation can't even keep up with population growth.

So for Obama these days, it's all jobs, jobs, jobs. But look at the jackwagon's track record:


12-03-2009 - Obama puts renewed focus on job creation
01-27-2010 - Obama's State of the Union address: 'Jobs must be our No. 1 focus'
09-06-2010 - Obama touts new jobs program at Labor Day speech in Milwaukee
01-21-2011 - Obama presses for an economy in 'overdrive'
01-31-2011 - Obama develops 'Startup America' program
08-05-2011 - Obama says 'singular focus' is boosting job creation

Yes sir, the change the people wanted is here and it's getting worse. And he says, we are not done yet!

Obama-Ps_44
Zer0 is beyond toast in 2012.


Let's put the 2011 federal budget into perspective: 

National debt.... $ 14.20 trillion
Federal budget... $  3.82 trillion
US income........ $  2.17 trillion
New debt......... $  1.65 trillion
Recent budget cut $  0.04 trillion (about 1% of the budget)

Hmmmmmmm!

14 posted on 08/06/2011 10:01:12 PM PDT by BobP (The piss-stream media - Never to be watched again in my house)
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To: george76
"The markets are 'finally just revolting.'"

That's correct, Mark Fisher! The globalist markets, dependent on government and controlled by oligarchs, are revolting. Bond investors will begin rebelling.


15 posted on 08/06/2011 10:13:10 PM PDT by familyop ("Plan? There ain't no plan!" --Pigkiller, "Beyond Thunderdome")
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To: familyop

.... “Obamarisk” at work in the markets!


16 posted on 08/06/2011 11:54:58 PM PDT by himno hero (Obamarisk)
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To: george76
It's funny how personally people take the destruction of their finances.

Being broke gets to be such a personal thing.

It's no longer an ideological college debate over coffee with fellow students.

17 posted on 08/07/2011 2:31:47 AM PDT by NoControllingLegalAuthority (Where is the middle ground on insolvency of the United States government?)
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To: Winstons Julia
Halting immigration would stop the drain on SS, SSI, disability and extended family applications for benefits and would ease the SS situation some. The amount of foreign aid taken in toto still wouldn't even make a dent in the debt or in the budget in a meaningful way.

One elephant in the room is Medicare and Social Security. Wastefulness by Medicare providers and recipients and a whopping looting of SS for SSI and Disability payments (I read it is at 25% of total SS payments).

When you couple this with the REAL gargantuan in the room, entitlements in the form of EBT, Section 8, EITC, AFDC, WICs, SCHIP, NCLB, NO FEDERAL TAXES for half of America, etc. you have a full blown debt bomb.

If these two behemoths are not slain, there will no respite.

18 posted on 08/07/2011 2:50:05 AM PDT by Gaffer
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To: george76

Well ..... this is simply proof that the market requires more stringent “regulation” [/sarc]


19 posted on 08/07/2011 5:02:18 AM PDT by Senator John Blutarski
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To: hapnHal
"Putin says America has become a Nation of Beggars and Moochers."

How embarrassing.....yet again.

20 posted on 08/07/2011 10:26:04 AM PDT by NoGrayZone ("Islamophobia: The irrational fear of being beheaded." Andrew Klavan of PJTV)
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