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Pastimes
Market Manipulation by this Presidential Administration?
An SI Board Since September 1998
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Emcee:  long-gone Type:  Unmoderated
Many have asked the question in hushed voices. Is this administration manipulipulating the stock market? If they are, what methods are they using? Would they dare resort to communist / socialist measures and actually "buy the market"? Ownership of shares in companies is the ownership of those companies.
If they are supporting the market(even though it would be wrong) can they win? The public ownership of publicly traded companies is larger than the government.
How would the public feel about it? Would these sort of actions build or degrade faith in the administration and market system? Would there be an outcry of outrage or a sigh of relief?
If they are supporting companies, which ones? There is not enough money to buy a support level in all companies, if we all rushed for the doors.
The person who wrote the linked article believes in a "Plunge Protection Team". Do you?
telegraph.co.uk
rh
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57 I would agree with term limits and like the old days they would go in for 8 monJan Garrity Allen-9/5/1998
56 The problem is that politicians, ESPECIALLY at the federal level-- 99%, are notThe Street-9/5/1998
55 One thing I am is very vocal and being in during two wars in my lifetime and liJan Garrity Allen-9/5/1998
54 Sorry for the tone of my post. One of those days. I agree on being in a foreigThe Street-9/5/1998
53 Please see response #52 and Good Luck!! Jan Garrity Allen-9/5/1998
52 I stand by my assertions and I am seeing daily evidence whereby more and more CJan Garrity Allen-9/5/1998
51 <<Remember we are not victims or helpless - we are the government and whoThe Street-9/4/1998
50 Jan, I respectfully submit that you may be mixing apples and oranges. GZGROUND ZERO™-9/4/1998
49 Again, as I have stated on this thread and elsewhere the market is now psycholoJan Garrity Allen-9/3/1998
48 1. I would not believe it. 2. Irrelevant. 3. No, the public wouldn't caGROUND ZERO™-9/3/1998
47 GZ, There are a lot of questions here, and no answers - except possibly what wlong-gone-9/3/1998
46 I did not imply it, I only reported what other had implied. long-gone-9/3/1998
45 The exchange stabilization fund is <b>not</b> being used to buy S&aHenry Volquardsen-9/3/1998
44 As I said before, they are trying to get publicity. They want the stock higher.Henry Volquardsen-9/3/1998
43 Richard, Please tell me that you don't really believe in such a conspiracGROUND ZERO™-9/3/1998
42 Thanks Jan, & though I agree with you, this conversation breaches the questlong-gone-9/3/1998
41 Richard suggested I respond to this post. Maybe I've come across as one ofPaulM-9/3/1998
40 I believe that this market will be psychologically hampered until Starr gets thJan Garrity Allen-9/3/1998
39 Timely? The boys on CNBC have even noted that in times of market crisis some oflong-gone-9/2/1998
38 Rubin is far sharper than he is, could Rubin not pull it off? One of my questilong-gone-9/2/1998
37 Did not Rubin also come from Goldman? long-gone-9/2/1998
36 in today's world I guess anything is possible. long-gone-9/2/1998
35 Richard, Fwiw I am not arguing that the market shouldn't correct. But if tHenry Volquardsen-9/2/1998
34 <b>IF</b> Abby is trying to talk the market higher it has nothing tHenry Volquardsen-9/2/1998
33 Richard, The New York Post?!? And just because they are engaged in some wild Henry Volquardsen-9/2/1998
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