Fed lowered dow on purpose: WND reported on 05 feb 2008
Posted October 11th, 2008 by carpavel
output
Check this out and get ready to vomit! This explains why gold not on the rise. Can we say plunge protection!
Economist: Expect Fed to lower Dow to 8,000
Critic claims agreements involving billions used to shift market
Posted: February 05, 2008
10:11 pm Eastern
By Jerome R. Corsi
© 2008 WorldNetDaily
Consumers should expect a deep recession, triggered by the "stealth methodology" of the Federal Reserve to "depress" the market even while lowering interest rates in an ostensible effort to stimulate economic growth, an economic analyst is charging.
"The Federal Reserve is directly involved in manipulating the stock market," said economic analyst Mike Bolser in a telephone interview with WND yesterday.
The New York Stock Exchange finished the day down 108.03 points, closing at 12,635.16, much as Bolser predicted, despite recent emergency Fed rate cuts of 1.25 percentage points aimed at stimulating the economy.
"Fed wants the Dow Jones Industrial Average and other financial indicators to descend in a managed way," Bolser said. "The Fed wants to drive the DJIA toward the 8,000 level, or below, in order to help create a deep recession which will have the effect of slowing consumption across the board, and dampening the otherwise harmful effects of inflation.
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Lets march on Fed!
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Another day at the office....
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"There can be only one permanent revolution - a moral one: The regeneration of the inner man."
—Tolstoy
I remember reading that in February...
I got the last of my money out of the market in mid-late February (near the peak at one of the echo booms).
It seemed a bit far-fetched at the time that they would intentionally cause a market crash -- but then I thought back to the actions of the REAL J.P. Morgan and his gang -- basically a pump & dump operative.
Digg it at
Digg it at http://digg.com/business_...
Digg it
http://digg.com/business_...
Politically our votes don't really count ....
this election year has taught me that. Now I'm learning that financially the "market" doesn't really mean anything either. Could there be any more telling evidence that we're "free" no longer. Thanks for this post and link! Be "ready to vomit" is right. As Dr. Paul said in a recent letter, "Say Goodbye to your country."
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The author of that news
The author of that news story wrote this book:
http://www.worldnetdaily....
That's just a Corsi book -- the analysis & prediction was
from the guy named Michael Bolser, who (AFAIK) has written a lot of articles on "interventional analysis" but to date has apparently NOT written any books (sad to say).
And the guy is NOT an economist, but rather a professional comp-sci specializing in medical imaging; he has developed a lot of mathematical tools trying to figure out (reverse engineer from available data) how the Fed (and it's Wall Street Banking minions/masters) intervenes in critical commodity markets (gold, silver, oil futures, etc).
He maintains a website -- at interventionalanalysis.com -- but most of what is available publicly on the site will be unfathomable to the everyday person; and anything more recent than say 2006 is available only to subscribers (and would likewise be unfathomable gibberish to most people).
Wow,
that article was written in February he sure hit that nail on the head.
This needs to go on the
This needs to go on the front page and dugg.
http://digg.com/business_...
DIGG this and spread it!
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I spend $185 a month for market news and I never knew the
direct consequences of the FED repo auctions that get reported on that service.
Now I understand...almost. At least I can time the buying and selling of equities better by knowing this.
Thanks for bringing this article to the DP.
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"The Number one reason people lose money is the FEAR of losing money." Sir John Templeton
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