Realty
Reality Commentaries The
U.S. Government's Bubble Blowing Machine This position paper was presented June 24, 2004, at the conference, Towards a world without violence, Fundacio per la pau, Barcelona, Spain, for the session “Realitat I evolucio de la industria military”. Click here to read this paper (this paper is copyrighted and should not be reproduced without permission of the author). Paper presented 24 June 2004, at the conference “Towards a world without violence, Fundacio per la pau, Barcelona, for the session “Realitat I evolucio de la industria military”. This paper shows how Pentagon and other U.S. government contractors are rigging stock markets world wide through massive, coordinated, selective investments. These investments are hidden in plain sight, using U.S. government insured—risk free—money. Robert I. Bell, Ph.D's webpage at Brooklyn College for biography, resume, and listing of publicationsm, articles and essays. Realty
Reality Commentaries How
fortunate for governments that people do not think. The implementation of monetary policy by the Federal Reserve and US Treasury includes the "management" of certain markets that are critical to the implementation of monetary policy. The main markets that the Fed keys on are interest rates, currencies, oil, gold and yes of course, silver because of its relationship to gold -- there are others [like the banking cartels' rigged control over the mortgage and real estate valuation industry and professional associations in a process of centralization and control since FIRREA 1989 destroying the valuation profession -- among the others!]. The Fed and currently re-elected Administration do not want the stock market to under-perform, and therefore these Elitists do and will intervene with financial support at will. Unfortunately, it appears that their intervention is far too frequent and involves more US Taxpayer money than is transparently prudent or economically sound under the Tenets of Austrian Economics. [See Dr. Bell's linked article]. The attached article gives you a glimpse at how they can lend support to a market and at the same time not be transparent. [It] Seems at best to be a bit troubling for those of us who believe in capitalism and free markets. The behind the scenes activity to "manipulate" policy [and supposedly free markets] make it difficult to judge when the chickens are going to come home to roost. So, anticipating a market pull back or collapse is tough and tenuous at best. The policy makers will ultimately fail if and when the foreigners decide to sell large pieces of their 1.5 to 2 trillion dollars they hold in US stocks [need we even be so bold as to mention US Treasury debt these Rascals currently hold?]. The dollar [FRN} continues to decline as we speak and that event alone [a black hole declining US Federal Reserve Note] will challenge the powers to be in shaping policy and maintaining "managed" targets [in a current rising FED funds rate environment -- who's jerking whom around, here?!!!!]. Yes, Alan, controlling all these supposed free markets is a real daunting task, ain’t it Ole Buddy! The question I keep asking myself is how healthy is our economy and its markets, if they have to be propped up with US Taxpayer money [all the time!]? According to the latest Wall Street Journal report that I read and analyzed, during the most recent 3 week report, $38.50 of insider stock was sold for every $1 that was purchased. The totals are insiders bought $22,900,000 million and sold $889,000,000 in the last 3 weeks. [This is what we call non-transparent wealth transfer from Main Street to Wall Street and the Elitists.] Though the Looking Glass and a re-visit to Alice in Wonderland? Or, Just More Barnyard Chickens? May
28, 2004 Musings on Richard Russell and DOW Theory – Now for a few comments on Mr. Russell's recent Dow Theory call when he said the current bull market run is over. My thoughts are that the Federal Reserve has already met and has in motion a plan to hand Mr. Russell his head and his Dow Theory Call to him on a silver platter [probably a few other Market Mavens as well!]. Please take a look at the Utilities and the Transports. Going up nicely are they not? Now get a little piece of scrap paper out of the trash can and jot down the volumes for today: [On the] Transports I get 275,000 and the Utilities call it 225,000. Let's just call it 300,000 share volume for both indexes. Now multiply $275, the price of Utilities, and call it $3,000 for the Transports, and you get a "market cap" for the day of 82 million and $900 million dollars for both indexes. That's what it would cost to buy both indexes for the day. At the margin, it would take much less to move these two indexes any way you wanted to move them. This would be pocket change for this bunch [of Elitists manipulating the markets on Wall Street]. If one thinks that if the same guys that just goosed M-3 by $100 Billion in the last two weeks, and $1.5 Trillion dollars in the past 4 years, will not throw a few million, and I am saying millions now not billions, at the Transports and Utilities just to make a gray-haired octogenarian Wall Street Guru look silly, we are all kidding ourselves! If the Elitists can make Richard Russell [and a few others] look like he has Alzheimer's Disease, one can corner the market from the inside! See: Transports See: Utilities See: Industrials as of Today’s Date! Attila the Hun unleased on the free world economies? Bob Rubin introduced to the free world economies the Goldman Sachs traders. The free world economies are not run by bankers any more. They are being run by the likes of Goldman Sachs traders. This is what Goldman Sachs traders do for a living. They crush markets, manipulate markets, and hand people like Mr. Russell their heads for a living. That is why everything is so crazy. Every situation is a trade and a derivative fix. That is why [IMO] derivatives keep expanding [and Mr. Greenspan will do his best to see that derivatives remain unregulated as the best secretive financial instrument of manipulating the markets]. They fix the fix with another fix when the first fix did not work very well. Want to talk about an easy fix? -- that is the DJT & DJU to new highs. All it takes is a little coffee money, and those two puppies are in new high land! Sir Richard of Russell is back to the drawing board writing letters to subscribers. Goldman Sachs traders can control any market they wish to control because they have vast resources. They exercise criminal like authority, with the Fed is a sure-fire conduit, and they break any and all the rules that get in their way. Now I just said that Goldman Sachs have vast resources. How about when a star trader is moved over to a Central Bank position? Man, Oh Man! -- can we have fun now! We ain't talking vast any more! We are talking about the liquidity machine... you know the one Bernanke talks about with the little red button that just prints money. All you want of it. To a trader that is what you call control. Want to know how you manufacture volatility? Simple as it can be! Turn the civilized world over to a bunch of traders and give them a printing press. That is Orwellian Greenspamian Utopia for a trader, but deep Trojan Horse Poop for you and me who believe in a free market. Now before I get my self in trouble with my readers -- let me say I "love" Mr. Richard Russell. He is a hero and a man of character, calling it like he see's it! But whenever you put your self in the ring with the likes of Greenspan and his ilk, the Elitists are going to go after you. They have more money and create more liquidity out of thin air than the rest of us [which is a fraud], and they do not give a Debtor's Prison about anything but power. They will crush anything and anyone who gets in their way. This is what being a good Wall Street trader is all about. This is why JPM [JPChase/Manhattan] and ABX [Barrick Gold] are fighting so hard to keep the Blanchard gold manipulation lawsuit out of discovery in their fraud case. Nobody, I mean nobody gets to look at the trading desk activity of the Elitists.
Do I hear eyes wide open and low profile, as perhaps the best survival strategy in this market? W.
Bishop Jordan * The reference to Confederate courts regarding the Blanchard lawsuit, which recognizes Blanchard's standing to pursue the case, is remarkable in that the Boston court threw out Reg Howe's lawsuit on the gold manipulation, because it said that he did not have standing. See: www.gata.org Ole Bear Editor’s Commentary John the Baptist, Salomé, and the Silver Platter – Reflections on Jordan’s Commentary, Dr. Bell’s US Government’s Bubble Blowing Machine and the Spirit of ’76
Bishop's observation about the Elitists not wanting markets to under-perform can be expanded to real estate and the GSEs as well, because these markets attract investment capital to the USA, also. We can even broaden this exposure to injecting the Scam of Social Security into the privatized stock market [from a future 4R's we are working on]. The frequency and increasing amount of US Taxpayers' hard earned money being used by the Elitists for the magical smoke and mirrors Ponzi Shell Games, and supposed sound government -- not being economically Austrian according to Von Mises, Rothbard, and Hayek. Not only do we have insider predatory lending, insider foreclosures, and insider mortgage servicing fraud and other scams, but as Bishop notes, we have a lot of insiders getting the Flock out of Dodge [Wall Street], while they suck in more or your 401[k]'s, pension plans, and all that "money on the side" that Miss Maria at Airhead Bubblevision CNBC is always telling us about to move us all -- back into the market [including real estate]. Somehow she forgets to tell us it is Lockheed Martin sitting on the sidelines waiting on a phone call [from the Bank of New York? Goldman Sachs?], and they are using the US Taxpayers' money paying for inflated prices of F-16s to move the markets! Maria -- connect the dots, Babe! -- get a new hairdresser! -- or move to Kansas! A future mass exodus of foreign investment in both the stock and US Treasury markets could both implode Wall Street, the Bond Market, as well as real estate. If Mr. Raines and his Minons at Fannie Mae don't end up at Leavenworth by their own perks and accounting tricks [accounting footnotes and derivatives implosions], surely the Japanese and Chinese, should they decide to Phone Home with their Cashola, could put the whole cartel of GSE Husksters behind bars... albeit Mel Martinez can lose $59 Billion at HUD, and no one in the whole blasted USA gives a Manipulating Monkey’s Uncle in the Black Market CIA Narco Dollar Economy. Darvon, Anyone? Say, Sir Al of Green Eggs and Ham? -- did you have Bernanke print another $59 Billion to cover Fast Mel's Assets at HUD and not tell us all? Prozac for everyone! Better living through Economic Alchemy! Magnetizers, Anyone! Dr. Bell at Brooklyn College of the City University of New York wrote one heck of an exposé on the Fraud of the Central Banking System, the Working Group on Financial Markets, the Defense Contractor Pension Fund Fraud of the American Public and Market Manipulation with Their Money. The man is a Patriot for The Republic in the Spirt of '76 and the Founding Fathers of The Republic. Hip Hip Hurrah! Long Live the Spirit of '76! I like Richard Russell also, and think he is really kool kat. Bishop’s analysis of him, and perhaps other Market Mavens being the target of FED monetary policy to hand them their heads on a silver platter reminds me of the Story of John the Baptist, Salomé, and the Dance of the Seven Veils. Here is a refresher on the Biblical Story. If Russell is St. John, we assume the dancing temptress to be the FED. The dance is the monetary policy of the FED, and the Seven Veils they always keep stashed between the BONY and Goldman Sachs where the Plunge Protection Team can always find them??? Ole Bear, Editor © 2004 Realty Reality |
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GLOBAL
REAL ESTATE MARKETS FORUM
Thank
the Good Lord for a 
In
the process of editing Mr. Jordan’s commentary, I had some parallel
thoughts. Now... I am reflecting [ciphering and de-ciphering] what he
said. The quote by Hitler is priceless. It could be a direct quote from
Karl Marx's Communist Manifesto, which
predisposes to a central banking system for manipulation and control,
although the idealism of National Socialism and Communism had their 