re: ["well this is simply not true, though i agree with the
transfer of wealth scheme."]
I know for a fact... that there is massive offshore
money in a little non-descript office building in a pretty
little Caribbean island, that is shorting the living
hell out of this market and financials.... with your tax
dollar -- TARP funds.
Much of the money that people think is going to "money heaven"
is not... It's going into the pockets of offshore banks.
I can PROMIS you that.
WHY do you think they haven't reinstated the uptick rule for
shorting, or changed the mark to market accounting rules?
That would stop the bleeding IMMEDIATELY!
Banks wouldn't need any more of your tax dollars, your 401K's
would stop imploding, and companies would stop the massive
panic layoffs... and consumers would start spending if the
market turned.
And they could stop all of this at any moment, if they
wanted to... but, they don't want to... because they're
not done looting yet - period.
And don't tell me that they don't want to do this because it
wouldn't be "free market" friendly... because NOTHING
they're doing has anything to do with free markets, or
capitalism.
This is the greatest heist in the history of the world, and
it's occurring in broad daylight.
Central banks are doing what they do best... create boom,
to bust cycles that enrich those that know when policy
changes are occuring... and those who get the newly printed
money first.
That "new" money buys up assets as they are being puked,
and then sells them back at huge profits, as the newly
printed money slowly works it's way through the system,
during the expansionary phase of the next business cycle.
Inflate, create a boom, dump, create a bust, loot & pillage...
inflate, create a boom, dump, create a bust, loot & pillage...
Wash, Rinse, Repeat.
The same bankers who just looted & pillaged the financial
system, are naked shorting this market and cleaning out 401K's,
IRA's, pension funds, insurance companies, and banks.
When they're done shorting... and done buying up assets at
pennies on the dollar...then, and only then, will you see
the uptick rule reinstated, and the mark to market rule changed.
When that happens -- buy hand over fist, but not until.
And I don't think it will happen until commercial real estate
busts... because they want those assets badly.
And you can take that to the bank.
SOTB |
