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To: coug who wrote (638)	2/28/2007 1:02:59 PM
From: LTK007	Read Replies (1) \| Respond to of 694

i have just come on line.And for time being contemplating how solid the PPT work is going to be. As i say, i think under Bush the PPT is 10 times more active. Bush wants to control everything.And PPT powers now have NO limits. a poster i see on Mish thread wrote to Sunny Jim <<PTT is a reality and when they intervene they notify the other WS companies who are recommended to participate same like in treasury auction>> <If that isn't collusion I don't know what is.> Sunny Jim replied and then i replied And yes it is blatant collusion but the PPT has a mandate that they can do ANYTHING they deem necessary to stabilize the market place. The Fed/NSA has it own Super Computer in direct hook-up other big WS super computers (GS the biggest, they are , i would say, literally partners with the Fed. GS is a major member of PPT. So it is not like work with PPT, they ARE PPT) so they can wheel and deal in their mutual interest to stabilize the market. And then of course their is a rush of press releases such as this to assure public what happened yesterday will NOT happen again. Bush economic aide says market fall an anomaly Wed Feb 28, 2007 12:18pm ET WASHINGTON, Feb 28 (Reuters) - The sharp U.S. stock market decline on Tuesday appeared to be an anomaly, a senior economic adviser to President George W. Bush told Congress on Wednesday. Edward Lazear, chairman of the White House Council of Economic Advisers, told lawmakers at a House of Representatives hearing on the Bush administration's energy proposals that senior U.S. government officials have looked at a number of different factors but have found no conclusive reason for the decline. "It looks like whatever happened yesterday was anomalous," Lazear said. "We don't think of it reflecting any of the fundamentals in the economy, which I think are quite strong." today.reuters.com