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To: MythMan who wrote (399111)	1/6/2010 9:58:58 AM
From: Trumptown	Respond to of 436258

<<Biderman acknowledged that he had no direct evidence that the Fed and other agencies have intervened in the stock market. But he worried about what will happen to the market if the PPT has been buying and suddenly stops>> may or may not be direct buying, but the money given to the banks certainly made it into the casino, errr, ahhh, I mean market...?

To: MythMan who wrote (399111)	1/6/2010 10:01:43 AM
From: Trumptown	Read Replies (1) \| Respond to of 436258

only the shadow knows... <<Aside from the legal issues, the PPT would have operational constraints. It's hard to believe that the Fed could keep such a conspiracy a secret for 20 years or more. An operation big enough to manipulate markets for months on end would be big enough to develop leaks. With so much money at stake, anyone with direct knowledge of the conspiracy (such as a $30,000-a-year administrative aide) would be highly tempted to blow the whistle.>>

To: MythMan who wrote (399111)	1/6/2010 11:55:43 AM
From: Jeff Jordan	Read Replies (1) \| Respond to of 436258

A clown on CNBS suggested "they" bot 666 and "they" will sell 666x2 1332...is that an evil number?<g> LOL, sounds like a reasonable hypothesis?

To: MythMan who wrote (399111)	1/6/2010 6:03:47 PM
From: Real Man	Read Replies (1) \| Respond to of 436258

The bears are nuts, and this is quite a U-turn. The sounds are different. Sure, the Fed is manipulating housing, but there is no evidence they are buying stocks -g- BTW, what happened to hilo Ben? Is he turning tough? online.wsj.com "We must be especially vigilant in ensuring that the recent experiences are not repeated," Mr. Bernanke said in a speech Sunday at the American Economic Association's annual meeting here. Better regulation is his first line of defense against future crises. But the Fed also needs to "remain open" to using the blunt tool of higher interest rates to avert or pop future asset bubbles, Mr. Bernanke said.

To: MythMan who wrote (399111)	1/7/2010 4:49:04 AM
From: Real Man	2 Recommendations Respond to of 436258

Geez. The Fed is not buying stocks. This is how it has been done since 1987 and why it blew up, the robots are all the volume, they are shorting IV for income since rates are ZIRP and this drives SPOOS higher. The Fed support was not just 1.75 Trillion printing, rather, 23-24 Trillion government guarantees in the derivatives market. They also took over payments from blown up counterparties such as AIG. So, the explicit support for the credit market in derivatives was a lot bigger than that article indicates, and the Fed's charter was definitely breached. The govt did it through shadow banking system. <G> Inflows are meaningless. It will blow up again as soon as the realization that the government is BK translates into some selling. Too big to fail failed, the system is busted, and we are just sitting here waiting for the biggest proponent of the Ponzi to fail, the US Fed/the government. We saw in 2008 that the unthinkable does happen. It may take quite some time, thou, but it's as inevitable as the collapse of John Law's Mississippi bubble. Got gold? If not, get some. Law's scheme ended in hyper. <G> usdcrisis.com

To: MythMan who wrote (399111)	1/7/2010 5:27:33 AM
From: Real Man	Read Replies (1) \| Respond to of 436258

By the way, hyper is not fun. How about real economy collapsing to zero, 30% unemployment, and 70% of those who have jobs getting paid zero? But you can get free money by delaying payment... sometimes. Just be a bum and write checks. Working makes no sense. Even worse, that kinda mess can last every year for decades until there is a strong desire to stop it. After the course of hyper is complete, you wind up living in a poor third world country. They don't call it the worst nightmare for nothing, the real gdp drop in hyper is usually far in excess of that of a deflationary depression. Practically the entire economy shuts down. -g- rogershermansociety.org