End the Fed Rallies Across America

November 22, 2009

Source: Dprogram

November 22, 2009

San Francisco
http://endthefedusa.ning.com/group/sanfranciscoendthefed
http://www.meetup.com/wearechangeeastbay/calendar/11803493/
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URGENT: Fed Audit Under Attack

November 20, 2009

The Real Economy Versus the Make-Believe World of the Government and Financial Giants

August 4, 2009

 

source: Washingtons Blog

In the real economy, unemployment is at Depression-era levels (see this, this and this).

In the real economy, bank loan loss rates will be higher than the Depression.

In the real economy, government revenue is at its lowest level since the Depression, and most states are on the verge of bankruptcy.

In the real economy, the world economy is crashing faster than during the Depression (and see this).

But in the make-believe world of the government and the financial giants, the recession is over.

How do they do it?

Well, as I noted a couple of days ago, the boys use:

  • High-frequency trading, program trading-based frontrunning, and other computer-based manipulation of the markets
  • Creation and manipulation of bubbles
  • The Plunge Protection Team
  • Intervention in the gold, currency markets, and bond markets
  • Bear raids, naked short selling, and credit default swap holders driving companies into bankruptcy

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