Bernanke’s Sept. Q.E. tapering off and Mueller’s stepping downSubmitted by katsung47 on Tue, 10/01/2013 - 19:19
790. Bernanke’s Sept. Q.E. tapering off and Mueller’s stepping down (9/22/2013)
I quote some of my articles here because later development used to prove they were correct.
[quote] September should be the last month for Robert Mueller in his FBI office. (Sep. 2001 – Sep. 2011) His term has been extended for two more years. He has to finish Kat Sung before he leaves the office. (#694) [/quote] So this year we saw the last crazy before Robert Mueller’s leaving. The big plot – North Korea nuclear war crisis, the bird flu in China, Boston bombing. It ended with Snowden’s case in June.
There were still two months left before Mueller’s stepping down. So they hurried off a last hour effort – organized a Mid-East crisis which signaled by great prison escapes, US embassies close and Chemical weapon attack in Syria.
[quote] Embassies to close in Muslim world this Sunday
The Associated Press Aug 2, 2013
"Current information suggests that al-Qaeda and affiliated organizations continue to plan terrorist attacks both in the region and beyond, and that they may focus efforts to conduct attacks in the period between now and the end of August," the statement said.
Why Al Qaida “focus to conduct attacks in the period between now (Aug 2) and the end of August, “? More likely, it fits the time of
[quote] Mueller stepped down on September 4, 2013, and was replaced by James Comey.
The Feds used to buy in many houses in their case. It is for the convenience of surveillance. It also brings with them a lot of profit because they can manipulate the policy. In my case, Feds bought the houses of nearly whole area according to my observation. It now becomes a burden for them. The interest rate became a very important factor for them to maintain those real estate properties. They force the Federal Reserve to start a third Q.E. to keep the interest rate low . I describe the story from #733 to “739. The third housing bubble (10/1/2012)”).
The Q.E. certainly will create a big inflation bubble and a housing bubble as well. Bernanke likely has been assured he could taper off Q.E. after September. The Feds was sure they could eliminate Kat Sung before Robert Mueller’s leaving. However, it fails.
To maintain the interest of the Feds, Bernanke has to break up his promise and take the blame.
[quote] Bernanke blasted after surprise no-taper decision
Many blamed Bernanke and fellow members of the Federal Open Market Committee (FOMC) for having since May repeatedly suggested a September taper of the quantitative easing (QE) program.
791. Summers withdrew candidate of Fed chair and oil price (9/26/2013)
Former FBI Chief Robert Mueller’s stepping down on 9/4/2013 obviously was a core time of recent big events. The sudden break out of Syria war crisis caused by Chemical weapon accusation in late August was a tradition way of Feds to distract. My relatives sudden trip to Turkey in early September was part of the elimination plan. When the plot went soured, the Feds has to change the original promise to the Chairman of Federal Reserve – we saw Bernanke having a “surprise no-taper decision”.
No-taper of Q.E. decision is only a temporary decision. For the huge amount of real estate property the Feds hold, they need a person to keep the interest rate low. There comes another big surprise that on September 15, the Fed Chair candidate Summers withdrew his name from the list. Summers was Obama’s top choice for the Fed. What made a man to abandon the fruit he almost certain to grasp? Or in another word, who has the power to manipulate celebrities? It’s the Feds. I’ve talked about it many times. They could force Chief Justice Roberts to change his mind on Obamacare. (see “726. The surprise turnaround of Chief Justice (7/4/2012)”) They could force Petraeos resigning from CIA Chief post. (see “747. Petraeus case is an extortion (11/27/2012)”) So what for a candidate for the Fed’s chair?
The point is Summers concerns more on inflation which will restrict the easy money of Q.E.. What the Feds need is a person who favors more Q.E. to boost the housing market.
The other news indicates how the Feds does to keep interest low (by lower the oil price).
[quote] Oil falls as US shows signs of patchy growth
PAMELA SAMPSON 9/26/2013
BANGKOK (AP) — Oil prices fell again Thursday amid worries about the U.S. economy and signs of a slowdown in demand.
[quote] In Autumn, a gas price fall
Per-gallon fuel costs expected to drop 40 to 45 cents by Halloween
By Gary Richards Mercury News 9/22/2013 [/quote]
A low oil price will draw dawn the inflation to offset the pressure to raise the interest rate. The Feds could manipulate politicians and manipulate oil price by financial group as well.