A little less Estrogen on Wall Street

by Dirk Johanson on September 14, 2010

By Dirk Johanson of The Balls Monologues

As previously reported in the Monologues on several occasions, much noise has been made in the past few years by manginas such as Nicholas Kristof and by feminists about how there is “too much testosterone” on Wall Street, and not enough women.  Of course, Wall Street did fine for centuries without hiring large numbers of women and then, no sooner had the number of women in high-powered positions hit criticial mass then,  voila, we had the global financial meltdown, with Erin Callan presiding as Chief Financial Officer during the Lehman Brothers collapse.  Despite such incompetence, or worse (the SEC is currently investigating Callan), FinReg then codified female hiring quotas in the financial industry into law.

]Meanwhile, it was reported today by Bloomberg that Eileen Rominger, who serves as chief investment officer for portfolio management businesses within the firm’s fund unit, is stepping down at the end of the year and won’t be replaced.

That’s right.  Not replaced.

In other words, she wasn’t needed, and was performing make-work.  Apparently her heels are so easy to fill, they won’t be filled at all.

Increasingly on alert to flailing reputation and litigation exposure, Goldman issued a carefully-worded written statement about Rominger’s departure.  Rominger “reinforced and enhanced our investment culture and facilitated the sharing of ideas across portfolio management teams during a time of tremendous market volatility and change,” the co-heads of Goldman’s investment-management division, said in a memo. “We are confident that the structure that Eileen has put in place will serve us well into the future.”

In other words, like so many working women everywhere, it appears that what she did was organize things and send out a lot of emails and memos.

Of course, Goldman is in the business if making money, not organizing things and sending out memos.  According to Bloomberg, assets within Rominger’s division “fell 4.5 percent in the quarter as clients pulled cash from money market and equity funds. Stock market declines also reduced the level of assets under management.”  At that rate, in less than 21 years, the entire division would have been wiped-out.

Rominger did once receive this glowing review. However, not surprisingly, the author, Jan (who uses the initials “J.R.” in her by-lines to fool you into thinking she’s a guy) Brandstrader, is a woman.   Ms. Brandstrader, who has degrees in English and Communications but no formal business training, wrote, “Rominger’s been posting top tier numbers…. Particularly impressive: The fund lost 8.6% during the 2000-2002 bear market.”

I’m sensing a pattern.

Unlike Brandstrader, I have a blue-chip business degree.  I’d note that Rominger did 8.6% worse from 2000-2002 than a guy who stuffed his cash in a mattress.  Using a fuckonometric analysis, had a guy put $100,000 in his mattress at the start of 2000, he could have withdrawn enough money from the mattress to have sex with 43 hookers (at the widely-available rate of $200) and ended up with just as much money as had he given it to Rominger to invest and not gotten laid at all.

According to  an article which just appeared in yesterday’s New York Times, “[t]hose whom Goldman does not want to keep are likely to be quietly told in the coming weeks.”  I don’t think I’m going out on a limb here by speculating that, in case of Rominger, that conversation has now occurred.

{ 56 comments… read them below or add one }

TFH September 14, 2010 at 11:11

NONE of the top 100 Hedge Fund managers are women….

Of course, this is due to ‘misogyny’. Investors will abandon higher returns because of ‘misogyny’, as per their logic.

I personally earned a 132% return from Aug ’09 to Aug ’10. I expect to do the same in the next 12 months. How did I do this? For starters, I am a man…….

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Skadi September 14, 2010 at 11:19

Hidden due to low comment rating. Click here to see.

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DR.K. September 14, 2010 at 11:44

I got out of the market in 2008, and have done quite well.

Silver, Palladium and some other tangibles. Turned $100K in $180K, and I don’t have a mangina.

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Alte September 14, 2010 at 12:17

There are actually more women than men in the financial industry, just not necessarily at the very top. In the UK, the numbers are roughly even.

Although the number of men and women in the financial sector is approximately equal, the report found women to be highly concentrated in administrative and secretarial jobs and “substantially under-represented in managerial jobs, including at the most senior level”. Only 11% of senior managers in the sector are women, compared with 28% in the economy as a whole. That contributed to a 79% gender gap for annual incentive pay, which includes bonuses, for full-time workers.

Perhaps we need less estrogen in sports reporting. I don’t know about you guys, but I have no idea what she’s saying in the video. Her breasts are practically hanging out. I keep thinking: double-sided tape? glue? I don’t know how the male reporter can keep a straight face with her wearing such a get-up. And she dressed like that going into a locker room?

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Charles Martel September 14, 2010 at 12:21

This dog won’t hunt, unfortunately.

Too much of a stretch to pin Wall Street’s problems on women, though Wall Street women do what they do everywhere – reduce the effectiveness of the organization they work for while looking for the big payout.

And that’s the reason Eileen Rominger is not being replaced. As a labor lawyer once told me – you can fire someone for a good reason, a bad reason or no reason, as long as you don’t violate their civil rights.

So……when you let go a woman like Eileen Rominger, someone who has gold-plated civil rights and who made enough money to provide a healthy incentive to bottom-feeding lawyers, you CAN NOT replace them, you MUST permanently eliminate their position. And do it plausibly, properly, with well-researched organizational analysis and the sign-off all the right people. That way, you eliminate any potential grounds for a big fat lawsuit – gender discrimination, age discrimination, etc.

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TFH September 14, 2010 at 12:23

Wall-Street’s problems are certainly not *because* of women.

But the idiotic notion that if there were *more* women, the crisis would not have happened, is the dumbest idea around. There are actually manginas demanding this (more so than actual women).

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Jarjar September 14, 2010 at 12:30

This is how single mothers kill time hanging out with their girlfriends. Single mothers should not be granted custody of male children:
http://bossip.com/284296/traumatizing-footage-becky-thinks-its-funny-to-dunk-baby-sons-head-in-bucket-while-he-screams-video69691/

Hot debate. What do you think? Thumb up 16 Thumb down 5

Alte September 14, 2010 at 12:44

TFH,

Manginas? I don’t know about that. At our engineering firm it was the male management who was most keen on an increase in female employees, not the desk-drones. They liked surrounding themselves with admiring women. And they weren’t satisfied with a bimbo secretary. They wanted female engineers, as well.

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Skadi September 14, 2010 at 12:45

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Gunn September 14, 2010 at 13:20

The reason Wall St blew up has more to do with government spending and consequent actions than anything else.

Finance and banking must have seemed like a great industry to governments from the 90s onwards – it provided huge returns that inflated their tax take, it was an industry that could be ‘diversified’ much more than manufacturing industries as the women working in it by and large didn’t need to do much beyond looking pretty, and it provided the means to support various government policies (e.g. providing mortgages to low income / ethnic minority borrowers).

Where the US really went wrong imo is the repeal of Glass-Steagall [this Act mandated the separation of Retail banking activities from Investment banking activites] in the late 90′s. This single action is the most direct, proximate cause for the subsequent collapse a decade later; simply put, it allowed investment banking operations at the universal banks to suck in far more capital to expand their P&Ls than they would have had access to otherwise. This increased ability to trade meant that a lot more transactions have been done that would otherwise never have happened.

The UK is currently proposing a version of Glass-Steagall, and the immediate response from HSBC has been a threat to move offshore, whilst Barclays has installed Bob Diamond, the head of the investment bank, to the CEO position. This is widely seen as the first step to demerging the retail bank if necessary (although Barclays of course denies such a plan) and is really a declaration of war on the proposal (politically it would be bad for the government, but as Barclays didn’t take their bailout money, its difficult for them to force Barclays to shed the more profitable investment banking side in preference to the Retail side). That there is such hostility to the proposal should tell you everything you need to know about how much of a threat it is to the universal banks.

However, even without the repeal of Glass-Steagall, its quite possible that we’d have ended up with a financial meltdown – just a bit farther down the road. The financial crisis reflected the reality that asset bubbles have been forming because of inflated money supply, driven in large part by unsustainable government spending on welfare, health, pensions, education and so on. Much of this spending is aimed at women and provides support for feminism in action. This puts governments in a difficult position – spending is out of control, but reining it in would be political suicide since women are the majority of voters and can be more easily influenced to vote in blocs to support ‘womens’ issues’. Its no surprise that the UK governments spending cuts are being legally challenged by feminist groups; even if they can be pushed through, they will be watered down heavily in an effort to retain as much of the female vote as they can. So the net effect is that governments can’t cut spending, have increased tax burdens as high as they can realistically get, and the only option left to them is to inflate away their debts. The shocks in the financial world reflect the adjustments to remedy the bubbles created by the runaway inflation, and would have happened regardless.

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DirkJohanson September 14, 2010 at 13:43

@Charles Martel:

“when you let go a woman like Eileen Rominger, someone who has gold-plated civil rights and who made enough money to provide a healthy incentive to bottom-feeding lawyers, you CAN NOT replace them, you MUST permanently eliminate their position. ”

In that vein, I have a friend who once closed his entire accounting firm (small office, about 3 other employees) to reduce his litigation risk because he was afraid to fire a contentious unproductive woman. He then started working out of his house, with no employees.

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Felidaeus September 14, 2010 at 13:45

The financial crisis reflected the reality that asset bubbles have been forming because of inflated money supply, driven in large part by unsustainable government spending on welfare, health, pensions, education and so on. Much of this spending is aimed at women and provides support for feminism in action

This.

Reducing the risk taking in wall-street simply exacerbated the problems, since the drain required by all those programs can only be met with economic jackpots, not the steady 1%-2% increase/decrease businesswomen generally bring. A welfare state cannot support economic equilibrium.

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Anonymous September 14, 2010 at 14:05

@Dirk: “He then started working out of his house, with no employees.”

Sounds like someone I know . . . except he has an office . . . to get out of the house. So many men I know have or are going semi-Gault. Dialing back and working just enough. The cumulative effect to the US economy is going to be huge, especially when combined with the disincentives to start a business, expand a business, or hire employees.

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Peter September 14, 2010 at 14:14

Using a fuckonometric analysis, had a guy put $100,000 in his mattress at the start of 2000, he could have withdrawn enough money from the mattress to have sex with 43 hookers (at the widely-available rate of $200) and ended up with just as much money as had he given it to Rominger to invest and not gotten laid at all.

fuckonometric analysis – we need to see more of these! hahaha….

As to the rest, the Wall Street collapse has little to do with male or female investors. It’s an extremely complex issue, but as I understand it the three main driving factors behind the crash were:
1. Interests kept too low for too long by Greenspan.
2. Deregulation/not enough regulation of the housing mortgage market, allowing for subprime mortgages.
3. Deregulation of capitalization ratios for banks, plus the growing practice of externalizing debt by creating derivative bonds by grouping mortgages.

All of those things together combined to create the collapse. Other factors came into play of course, but it has little to do with gender. Here’s why:

Suppose that gender is purely a social construct. It follows that women on Wall Street would act (especially in modern times) in the exact same way as men did given the same set of incentives.

Suppose that gender is purely biologically deterministic. It follows that the examples above given by the OP would be true – women would not tend to be be “naturally” suitable for finance, and would be given make-work projects. Compared to the staggering losses seen during the collapse, the forced politically correct hiring of a few token women must have had a negligible impact.

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Thag Jones September 14, 2010 at 14:40

Jarjar, that video just about made me cry. Poor kid. What a bunch of bitches, Jesus Christ. People like that need to be taken out and shot. Or at least have their asses kicked.

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Charles Martel September 14, 2010 at 14:43

Interesting topic.

Wall Street attracts extremely bright people. These people will ALWAYS find a way to separate the suckers (the government and the people of the United States) from their money. Wall Street has now reached a pinnacle of sorts, blatantly privatizing profits while socializing losses through the mechanism of its control of the corrupted US Congress.

IMO, the cause of the real estate bubble and subsequent crash are:
1. The Community Reinvestment Act, which requires commercial banks to make loans to uncreditworthy borrowers.
2. The Taxpayer Relief Act of 1997, which essentially eliminated the capital gains tax on the sale of primary residences.
3. The Gramm-Leach-Bliley Act of 1999 which repealed Glass-Steagall, making it possible for both commercial and investment banks to engage in far riskier business practices.
4. The post Gramm-Leach-Bliley Act explosion in derivatives, which encourage risk-taking in the pursuit of short-term profits.

At the epicenter of this monumental failure of regulation and breakdown in business ethics, you will find….a woman. Her name is Blythe Masters and she is reputed to have invented credit default swaps. The CDS is arguably the financial instrument most responsible for the current economic mess.

Blythe Masters is THE poster child for female empowerment. She and her team at J. P. Morgan are looking for bigger and better ways to screw the US taxpayer even as I write. The word is that that new way will be carbon trading.

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Danger September 14, 2010 at 15:05

I am with Skadi.

The problems with Wall-Street are well documented by Ron Paul, who fights for the gold-standard.

While women really have little place in a risk-type of job that Wall Street provides, they really are not to blame for the problems that exist now. That can be placed at the foot of the Federal Reserve.

Blame women for the idiotic legistlation that benefits women and harms men. Blame the financial mess on the Communistic Federal Reserve (which sets interest rates, not something that should happen in any Free Capitalist Society).

Hot debate. What do you think? Thumb up 19 Thumb down 17

Christian J. September 14, 2010 at 15:07

“This $208 billion dollar loss is a 76% reduction in the value of the above five corporations’ stock, from a market capitalization of $273 billion to $65 billion, since they appointed women as CEOs.”

http://whatmenthinkofwomen.blogspot.com/2006/10/feminists-lying-about-female-ceos-in.html

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TFH September 14, 2010 at 15:18

Alte,

They wanted female engineers, as well.

A female engineer who is good looking is about as common as a man who actually *wants* to change diapers…

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Charles Martel September 14, 2010 at 15:35

@Anonymous

So many men I know have or are going semi-Gault. Dialing back and working just enough.

This is the Achilles heel of feminism. Women see the mechanisms of civilization as a given, something that will always be there. The electricity will continue to flow, the cars will run, the cops will show up when you dial 911.

Why can’t they grasp that sooner or later, men will change their behavior?

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Keyster September 14, 2010 at 15:44

The big investment firms feel like they need to place more women in highly visible upper management positions, because women control two-thirds of the wealth in the USA. They want to appear to be female friendly/equality inspired, “diverse” organizations. They want those ASSETS that women control!

It’s all about PR and image. Very little to do with actual talent. An attractive woman in a corner office, with public speaking engagements, CNBC interviews, pictured in glossy brochures, etc., is a cheap marketing investment to win points with the femocracy. Companies do this all the time. Sadly, some of the women who are awarded these “special class” placements are too dim to realize any of this.

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DirkJohanson September 14, 2010 at 16:06

I am confident that women have replaced beta males on Wall Street, and that the transition from being Lehman Brothers (including risk-averse beta males) to what was effectively Lehman Brothers and Sisters (but without the beta males) probably made Lehman, and other Wall Street banks, at least somewhat less prudent.

Wise alpha males keep wise beta males on their side and consult them for important business decisions. They don’t listen to chicks much, especially chicks like Erin Callan, who apparently often went to work half-naked: http://www.mademan.com/chickipedia/erin-callan/photosgallery/

Without the beta males around, the alpha males apparently took more chances.

At least that’s my theory. Feminists come up with theories like that all the time – I just read a new crackpot feminist theory that Callan’s career shows that female execs are often purposely hired just as the company is going under in order to be thrown over the cliff. Of course, this confuses cause and effect.

So, why not some not-necessarily-scientifically-provable theories of our own?

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Amateur Strategist September 14, 2010 at 16:15

Banks being forced to give out loans to bad credit risk borrowers pretty much did it. There were other major contributing factors, but this was pretty much 70% of the problem.

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3DShooter September 14, 2010 at 16:27

I am going to confess that I’m one of the five that gave Skadi’s initial comment a ‘thumbs up’. But before I go on to explain, let me say that like a stopped clock is right twice a day, Skadi’s second post showed she just can’t keep her pie-hole shut and it got a neg.

But, the point is important – and it is important to the MRM. That is that whether it is the MRM or feminism or civil rights – these are all tangential in the game of power politics and big money. It is the equivalent of sacrificing a knight in the game of chess to gain a strategic advantage and the power/money elites are playing a game with us.

I was actually quite stunned with how well Ron Paul’s message resonated in 2008. Until then, most of those ideas had been relegated to ‘the fringe’ by the duopolist power structure (dem/rep) and their mindless adherents. For over one hundred years the duopolists had duped Joe Average voter into believing that there was a significant difference between the two parties – Ron Paul showed there really isn’t. And he has scared the bejeezus out of them.

When it comes to the financial failure that we all are experiencing we have to go back to root causes. Do you really think the esteemed assembly at Jeykell Island didn’t understand the nature and history of fiat money? Do you really think they didn’t/don’t know how to profit from both the ride up and the ride down?

While Skadi is correct to identify the elimination of the gold standard as an historic event (one only needs to refer to one of many charts that track dollar value of gold over time), the gold standard was simply the brakes on the economic train. By requiring that money (and I ask TS readers to contemplate the question “what is money?”) be backed by an actual commodity we ensured that money actually had intrinsic value. Removing the gold (commodity) standard the brakes on the train were removed (and for that we have Richard Nixon(R) to thank). I ask, what is full faith and credit really worth – in today’s economy? In my opinion it is worth squat.

Feminism on Wall Street may have played a role, but in the big game the role only changed the time line – not the game. Those who positioned themselves accordingly will be winners in the wealth/power game.

So while I am passionate about the MRM, I also recognize the role it plays in the bigger picture. There are actually very few rights that the power players actually fear – one being the issue that sent me exploring libertarianism in the first place – the right to self-defense. Because even though the wealth/power elites understand the game they are playing, they also know that history hasn’t been kind to them when they lose . . .

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Charles Martel September 14, 2010 at 16:50

Here’s a story that ties together the banking crisis and feminism (sort of).

Last Summer I was sitting in a bar on Austurstraeti in Reykjavik, drinking a beer with my son and an Icelander named Oly. Oly was telling us about the Icelandic banking crisis and its aftermath. How all three big Icelandic banks had collapsed, taking the Icelandic economy with them. How the Icelandic government had also collapsed, leading to the election of a new government including many women and led by the world’s first openly lesbian prime minister.

Oly was quite downcast, confessing there was no way of avoiding the fact that the men running Iceland’s banks and government had spectacularly screwed the pooch. He said that Icelandic men in general are in the doghouse and Icelanders will be on the hook for the country’s debts for decades.

Oly went on to say that at least they were not as badly off as Sweden, where the taxes and fees paid by Swedish workers total 60% of income.

Within seconds, a strange woman stuck her face into our small group and testily announced that she was Swedish, taxes in Sweden were nothing like 60% and that maybe we should get our facts straight. After a moment, I asked her what kind of work she did. “I’m a freelancer,” she announced. “And you work for the government?” I replied. She admitted that she did.

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Alte September 14, 2010 at 17:26

Yes, TFH. You can stop snickering now. I’m well aware of what the “average female engineer” looks like. My husband makes fun of them all the time, too.

My point is that if a female engineer is good looking, the male management will fight over her like a prize. Not necessarily just because they want to shag her (although there is a bit of that, of course), but because she’s valuable to the company for PR purposes (as Keyster noted). BTDT.

Good comment from 3DShooter. I’m also a libertarian and I’ve been watching the latest economic news with mixed feelings. But you’re right: it’s not just feminism. It’s not just women who are trying to pump beta males for every last cent.

Good grief! Have you guys seen this at the Washington Post? They are getting harder and harder to parody.

For the first time, more women than men in the United States received doctoral degrees last year, the culmination of decades of change in the status of women at colleges nationwide.
The number of women at every level of academia has been rising for decades. Women now hold a nearly 3-to-2 majority in undergraduate and graduate education. Doctoral study was the last holdout – the only remaining area of higher education that still had an enduring male majority.

The best part, I think, is this bit:

But women who aspired to become college professors, a common path for those with doctorates, were hindered by the particular demands of faculty life. Studies have found that the tenure clock often collides with the biological clock: The busiest years of the academic career are the years that well-educated women tend to have children.

“Many women feel they have to choose between having a career in academics and having a family,” said Catherine Hill, director of research at the American Association of University Women. “Of course, they shouldn’t have to.”

Of course, they shouldn’t have to. Of course not. We should all just have to rearrange the universe so that they can be “fulfilled”.

How can they even write that with a straight face? Hello… Earth to Catherine! Some of us made that choice and we didn’t immediately die a horrible, screaming death.

It used to be that an article this ridiculous would come up once a month. Now it seems like a veritable flood. On the bright side, the comments are improving and moving in our favor. One of the female commenters complained:

michele79 I share your concern. The type of hostility towards women some of the men have displayed on this blog is very likely to be taken out physically or psychologically on the women in their lives.

How dare you contradict us! Have you beaten your wife lately?

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greyghost September 14, 2010 at 17:39

the big world wide financial melt down was caused by the government. The mortgage crisis, 100% government caused. Wall street doesn’t run congress that is just what a bunch of bullshit politician tell you to make you think they are here to help control the greedy capitalist.

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fmz September 14, 2010 at 18:03

Women, understand perfectly that their whole psycho-social-babbling ponzi scheme relies on the things that men do. They arent oblivious of it. They are acutely aware of it. There’s a whole bunch of faulty coding that powers their dodgey operating system so they can think what they wish. But they know exactly where the bread comes from. Which is off the backs of slaves. Men. Which is why they fight so hard with all their nonsense to keep men chained to the grindstone. Interestingly, this is the narrative they ascribe to us men. They dont realise how they’ve awoken men to how women really think and operate.

They louder they protest to keep us asleep, the more obvious it becomes.

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DirkJohanson September 14, 2010 at 18:14

“Many women feel they have to choose between having a career in academics and having a family,” said Catherine Hill, director of research at the American Association of University Women. “Of course, they shouldn’t have to.”

That 10 hours a week so many academicians have to put in, albeit for only 10 months a year, is really a grind! How’s a girl supposed to have time to spread her legs so sperm can mingle with her egg, show up for a monthly appointment with the O.B., spend a few hours in labor, take a few days off, and still have time for multi-week-long overseas travel and shopping?

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3DShooter September 14, 2010 at 18:16

@Greyghost

Those who control the money supply controls the financial game. Congress ceded their (actually, our) authority to private interests (the Fed) in 1913. The government doesn’t set the interest rates, the Fed does. The government doesn’t print money, the Fed does. And if you think the the shrubs/bammys aren’t talking heads for the money power elite, you got some history books to read my friend.

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misterb September 14, 2010 at 18:46

I hate to say this. But stupidity and feminism. Mix those two together, and the pooch is screwed big time. There are so many times that a pooch can be screwed. Adding the term screwed the pooch to death.

I am more of the free market. capitalism is not free market. Why do you think old Soviets frown on capitalism. The answer is obvious. And no I am non socialist.
You can expect a nation to prosper when you tax person to death. the tax money will always be misused.
In Africa there’s an saying, “You’ll always be poor bastards”

Oh yeah I heard somewhere that a portion of Canadian taxpayer money is being funneled to the American Government. State of Israel also got the monies. And other nations. At this rate pretty soon Canada would be the third world country, ready to be invaded by other nations.
To be truthful no nation is required to bail out any nation. Not the state of Israel, not the US, not even those third world nations.
Stand to reason why I hate Mexico, Democrats and the Republicans, thank you, you arrogant bastards.

The US shouldn’t give money to other nations. Common sense dictates that it would be used improperly.

To stabilized the country, you need manufacturing jobs, no out-sourcing and no in-sourcing. No importing illegal immigrants from third world countries and industrialized countries such as Mexico

and now to feminism. Well personally I’d prefer that women don’t do the wall street. Less estrogen the better. if more women loses their jobs, They might end up in cheap strip joint or wondered what the hell just had happened. Depending on their age and looks.

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misterb September 14, 2010 at 19:05

Oops made a typo there. what I meant, And no I am not a socialist.

I almost forgot, why do you think people come to the US and Country. So they steal from the taxpayer. few come for the dream of starting a life, a better one. Most are plain greedy. I don’t mind immigrants, but I hate thieving foreigners.

And feminist who peddle equality and other fecal matter. can go bathe in it for all I care.

Women were never meant to be away from their own children. The first years are crucial for a child’s development. I read articles of few years back that children suffer abuse from nannies. Most were treated like punching bags.

if you hire a nanny and your baby has a black eye. Shame you. I’ll give you one that matches his/her. And you’ll shed some tears.
You wouldn’t like it if some stranger treats you and your kids as punching bag. You would definitely go ape-shit and go all homicidal on that person. What people are doing, hiring nannies is plain evil. I don’t care if you’re a man or a woman. Leaving a child in care of stranger is plain reckless.

I have been thinking of coming down in the South, Southern Canada and the States and give women a piece of my mind. I might one of these days.

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Paradoxotaur September 14, 2010 at 19:22

Re: “At this rate pretty soon Canada would be the third world country, ready to be invaded by other nations.”

Dear misterb,

Canada has the world’s second largest petroleum reserves at 180 billion bbls (including tar/oil sands, which are economically productive with current technology/price ). Canada is the USA’s #1 petroleum supplier, averaging 1,980 thousand bbls/day (compared to 1,114 for Saudi Arabia) YTD. There are a whole lot of greenbacks flowing north as Canadian energy flows south. Do you really think that they will soon be a third-world country? Canadian feminists can fund a whole lot of mischief with those petro-dollars.

And let’s not forget Canada’s contributions to North American defense and some really stellar additions to the US arsenal, like the M1-Garand. Ready to be invaded? By whom? Good luck with that!

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Keyster September 14, 2010 at 19:33

In a bit of a dust up over here at ABC news.

They did a story tonight on cops not taking rape victims seriously.
(Yes, it’s BAAAaaaack!)

Hey did you guys know 1 in 4 women will be raped during their lifetime?
Or is it 1 in 6? They can’t seem to agree. OMG!
Oh and don’t forget, “men are pigs”.

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Greg September 14, 2010 at 19:39

Herp a derp, I have an inferiority complex and women are scary. Also I got rejected when I asked a girl out on a date 30 years ago and I’ve allowed to to shape my whole life. :(

Like or Dislike: Thumb up 1 Thumb down 14

greyghost September 14, 2010 at 20:18

@Greyghost

Those who control the money supply controls the financial game. Congress ceded their (actually, our) authority to private interests (the Fed) in 1913. The government doesn’t set the interest rates, the Fed does. The government doesn’t print money, the Fed does. And if you think the the shrubs/bammys aren’t talking heads for the money power elite, you got some history books to read my friend.

No, the government runs it. Trust me on that. Nothing just happens the government will change it. Thats why your wife can kill you in your sleep because the the government says its ok. The fed is a private entity. That means they follow the law as written by politicians. The government calls the shots. I can’t believe people are still that damn stupid to think some private corperation runs shit.

Like or Dislike: Thumb up 4 Thumb down 2

misterb September 14, 2010 at 20:25

Sarcasm with a sharp wit. I kinda like that, though I am not sarcastic. It’s one thing that brings a smile to my face.

Actually either by the Americans, the China and the Russians.
There’s another possible a merging of Canada, US and Mexico. Personally I prefer all three countries to be separate. call me a nut, or one of those loons, if you will.

to answer a bit to your question. Energy and oil are sold the US. if you think about it, The US is a thirsty country in regards to energy and their toys, (all manners of vehicles) google it. I left you some bread crumbs, now its for you to find your way home.

The US and Canada often give each other the mild slapping contest. And occasional dick measure contest. Though it made sense, considering both nations are allies by name only. With the nukes and the weapons the US has, a lot asses (in the North) would be kicked.

harper is Obama’s bitch. And from the looks of it, he’s starting to lose a few screws (Harper). Does Kim Jong Il of North Korea comes to mind.

The saying goes, too much pride would get their asses kick. And I fear it would be Canada.

Water is new the hot commodity. Considering that other nations are looking at Canadian resources. It’s not that far fetch.

this concludes the comment in regards to canada and other things, back to article on hand.

As the Canadian feminists, they’re just patsies. There’s an old saying, women don’t general like the competition.

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Rebel September 14, 2010 at 20:26

@Keyster:
“Hey did you guys know 1 in 4 women will be raped during their lifetime?”

I thought the new numbers were: for every woman, four of them are raped.

Men are becoming more and more brutal these days..

Well-loved. Like or Dislike: Thumb up 16 Thumb down 0

misterb September 14, 2010 at 20:41

@greyghost,

the corporations are plain narcissists. They can’t run shit even if their lives depended on it. All monies collected is funneled to the Feds. the Feds are cold blooded bastards.

one of the few things I like about the US, the people, food, and good discussions. In addition to freedom of speech, and freedom of press. Don’t lose those you hear. Kudos to those who risk everything just to shine the light.

@ Rebel

Brutality is a universal to both men and women. Women are in fact more brutal and callous.
I pity those women who got raped. It may be their fault, but flash their bodies around and sooner or later. Someone would try to mount her.

feminists made a terrible mistake in believing this notion that big government is better. What they fail to realize that if they prove too much trouble. They too would be discarded.
The saying goes, women shake things up. And I find it uneasy to see women in tiers of positions in the government. They screwed up big time, along with the men in power.

“idiocy reigns supreme.”

Like or Dislike: Thumb up 3 Thumb down 1

Anonymous age 68 September 14, 2010 at 21:05

In the late 80′s I worked on a ‘black’ box. The engineer programmer on that box was SUPER HOT! When she came out to my work station with a short skirt, I tried putting her in a high chair, and it was bad. And, I put her in a low chair, and that was just as bad.

Work in the whole area stopped while she was there.

She was not a dummy, rare as that was. She was the only one who could give me a link map on the software listing so it made sense.

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3DShooter September 14, 2010 at 21:06

@Misterb

Sounds like you are having one of those nights – been there, done that. And that’s OK. I say that as your posts tonight are a bit uncharacteristic from what I’ve seen in the past.

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3DShooter September 14, 2010 at 21:12

@Anon 68

I worked with one of those engineers myself. When she had to crawl under her desk to hook up equipment I found that she liked frilly underwear to go along with those short skirts. I had to strongly stand my ground when her wants weren’t in the requirements on one occasion (I asked her to leave my office), but I think she actually respected me for that (a few years later I happened to run across her and had lunch a couple times).

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TFH September 14, 2010 at 22:22

Alte,

It is good to see a woman who actually wants to halt the dehumanization of men. You have a crucial role to play. Keep it up.

How can they even write that with a straight face?

The thing is, it is what is known in Game parlance as a ‘test’. They actually *want* a man to stand up to that statement and shoot it down. While they call the man a ‘misogynist’, they are also secretly far more attracted to him due to his defiance, far more so than to some obedient mangina who agrees with such silliness.

That is why Game is so beautiful. Only with Game does a man see that in the event of such a statement, the best thing a man can do is make fun of it with a dominant and suave confidence.

Like or Dislike: Thumb up 9 Thumb down 3

Survivorman September 14, 2010 at 22:46

Wall Street can eat my meat! — from 2000 –> 2010 my BEST investment has been my damn CHECKING ACCOUNT at a local bank!

I played by the rules.. I was “smart” and “invested wisely” and lost in the order of $250,000 over the last ~10 yrs or so to the GREEDY BASTARDS on Wall Street — I couldn’t care less if it went to DICKS or CUNTS… it’s diddly darn well GONE!

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Lovekraft September 15, 2010 at 04:12

Didn’t the whole housing bubble/FannieMaeFreddieMack fiasco occur because of similar thinking: that even though the poor, minorities etc couldn’t afford homes, it FELT good to give them mortgages anyways?

This pattern seems to repeat ad nauseum. Emotion vs facts in a matriarchy means the ‘male mind’ takes a backseat.

In my personal life, I have been accused by women of being too logical or intelligent in my dealings with them. But the alternative – of sticking my hand in the hornet’s nest of female entitlement/emotions is unbearable.

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Lavazza September 15, 2010 at 05:34

Alte: Interesting.

Sainz cleavage is such that it is possible to make educated guesses about her original breast size and how big implants she has had inserted.

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Nutz September 15, 2010 at 06:07

Charles Martel

This is the Achilles heel of feminism. Women see the mechanisms of civilization as a given, something that will always be there. The electricity will continue to flow, the cars will run, the cops will show up when you dial 911.

Why can’t they grasp that sooner or later, men will change their behavior?

When have you ever known women to have a firm grasp of cause and effect? Also, consider the scale of what we’re talking about, that takes long term thinking, something else I have yet to know women to be masters of, at least modern women. Older generations sure, but today? Not so much.

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Alte September 15, 2010 at 08:19

No implants, just a push-up, I think. The slope is wrong for implants.

Only with Game does a man see that in the event of such a statement, the best thing a man can do is make fun of it with a dominant and suave confidence.

Yeah, they were discussing her on Fox News that morning (I first heard about it in the car) and the female anchor said something like, “She should be respected by those guys, no matter what she wears.” The male anchor shot back with, “Sure. But she also should dress the part if she wants to be taken seriously. And she should take note of what is appropriate and not appropriate to wear in a lockeroom.”

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Traveller September 15, 2010 at 10:19

Lovekraft September 15, 2010 at 04:12 said:

“Didn’t the whole housing bubble/FannieMaeFreddieMack fiasco occur because of similar thinking: that even though the poor, minorities etc couldn’t afford homes, it FELT good to give them mortgages anyways?”

Exactly. But it was not a thinking about what is good. It was a miscalculated attempt to gain more electoral base with those categories.

As the new finance bill requiring gender and minority quotas in every department of every public and private financial institution. Regardless of efficience and competence, as even when it is matter of affirmative action.

Banks were forced by government to gift subprime people with loans, and after they, with no conscience, abused of trust of investors selling those loans to unsuspecting investors. A dirty game from everyone.

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DirkJohanson September 15, 2010 at 11:00

Some women sued Goldman today for sex discrimination: http://dealbook.blogs.nytimes.com/2010/09/15/women-sue-goldman-claiming-bias-in-pay-and-jobs/?hpw

One of the cunts , Cristina Chen-Oster, complained about her paltry $800,000 a year salary.

Despite the fact that I rarely go to strip clubs anymore unless a girl asks me – and various girls ask me to take them to strip clubs all the time – the cunt was offended that a celebration for a colleague took place in Scores strip club. I have been to two different Scores clubs in New York – both times I was asked to go by different females, but somehow this cunt claims she was offended.

The lawsuit alleges that at the end of the night, a married male colleague escorted her to her boyfriend’s apartment building and in the hallway lobby pinned her against the wall, kissing and groping her.

That incident, which the MALE COLLEAGE REPORTED TO HIS SUPERVISOR supervisor the next morning, led to Ms. Chen-Oster’s “increased hosility and marginalization at the firm,” or so she says.

The incident occurred in 1997, shortly before she joined Goldman. She worked for Goldman 8 more years, rising to the level of $800K a year Vice President despite all the “hostility and marginalization,” and didn’t get around to suing over the “incident” for another five years after that.

“Another plaintiff portrays a male-dominated trading-floor culture centered around golf and other physical pursuits. Ms. Orlich, who received business and law degrees from Columbia University, says in an affidavit that Goldman’s management would challenge her male colleague, a former Navy Seal, to do push-up contests and “other displays of masculinity.” She claims to have never been invited to frequent golf outings, even though she was a varsity player in high school.” Push-ups? Never saw a broad do those before. The sexism of it all.

Nothing about whether Orlich plays golf from the womens’ tee, or whether she ever mentioned to anyone that she was a varsity golf in high school.

You may as well never hire them in the first place.

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3DShooter September 15, 2010 at 12:18

@Traveller/Lovekraft

I think you are both oversimplifying the problems, and there were many, that caused the housing bubble.

First you had artificially low interest rates set by the Fed (a private banking organization) which made bank borrowing absurdly under priced.

Then, add in reduced bank balance sheet scrutiny (Glass/Steagal if I remember correctly) combined with the newly created derivatives market. This allowed banks to make loans they knew weren’t viable and repackage them as securities to be sold on the open market which diluted the actual risk they were taking.

Finally, you have the government guaranteed failure protection which brought us To-Big-To-Fail. Had the banks been forced to deal with the consequences of their loose money handling they either would have cleaned up their act or gone out of business – which is what should have been the case.

Yes, the quota system being imposed was wrong and had an effect but it can’t be viewed as the defining issue.

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Herbal Essence September 15, 2010 at 12:52

I can’t remember where, but I saw a news story bemoaning women leaving wall street. The female reporter actually admitted many women were leaving because the job was too hard and demanding. That’s some refreshing honesty, even if she did hint at sexism earlier in the piece.

Charles Martel- I was in Reykjavik a few months ago. People were spending money like water but I suppose that may have been tourists taking advantage of the devastated currency. Me, I contented myself with some inexpensive jewelry for souvenirs. Reykjavik a cute town. It’s like a mini-civilization.

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TFH September 15, 2010 at 13:08

Strike Force Time :

Women are suing Goldman Sachs for not being feminist enough :
http://finance.yahoo.com/news/Women-sue-Goldman-for-alleged-rb-2219314901.html?x=0&sec=topStories&pos=3&asset=&ccode=#mwpphu-container

Please go there and write some anti-misandry comments. A lot of women are there using shaming language.

It is Strike Force Time!!

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Lavazza September 16, 2010 at 03:56

Alte: No way. Women with large natural breasts are too self conscious about them to show that kind of cleavage. Women with implants do not have that reflex because they know that they are not showing their own breasts.

But I am no expert. I am just drawing on my own observations, but I doubt that a plastic surgeon would say that the jury is out whether she has implants or not.

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Lavazza September 16, 2010 at 05:14

Google translate this article “The backside of football” from an elderly Swedish female sports journalist who is not too happy about the modern competition from Ines Sainz and others.

http://www.aftonbladet.se/sportbladet/fotboll/landslagsfotboll/vm2006/article387981.ab

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Alte September 16, 2010 at 13:20

Lavazza,

That’s true. Most of the women I know who are naturally well-endowed would die of shame walking around with them hanging out like that. I know quite a few who have had them reduced, actually, because they were tired of the attention and wanted to look more “average”.

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