Squawkbox spills the beans about the President's Plunge Protection team on live TV.

Stunning stuff:

http://uk.youtube.com/wat...

http://uk.youtube.com/wat...

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http://uk.youtube.com/wat...

BTW: "DDV" = Danny DeVito.

With guys like this, no wonder the Dow has done what it's done. Sadly, the same people are still trying to limit the damage. He's praised and encouraged all this unleveraged fake greed for years whilst he made money from it.....

Should have seen him on the blower live on air to Paulson after the what would have been the collapse of the Banks in the US on October 3rd. Sheer greed and fear in his eyes.

They then went on for weeks claiming credit for suggesting the "TARP" and saving their skins !!

Cannot believe the World's future lies in such people.

Man do we need to expose this stuff and quick !

~Mikael / Peace, love, Light and unity ~

In reply to the history of this event, the perfect scenario?:

Friday 21st November is another crucial date in that the sell-off will intensify as anyone with a brain will wish to offload their positions over a very precarious weekend period of uncertainty.

However with traders all saying that the "Armageddon" feeling is back again and the volatiltity off the scale, it is also a crucial time for the PPT to knee-jerk in again.

Suddenly "776" has been made the crucial marker for the S&P. The sell-off last night saw that breached heavily. However in the last 10 minutes of trade the S&P rose about 25 points.... no one mentioned it.

This morning in the UK, the world's markets "rally" on S&P futures bizarrely being called at 30 points up ... yes, guess what?, at "777" ...

Last night's "mystery" jump with this morning's "stunning call" equates to a rise of 6% on the S&P.... much more than a record day in a serious boom period !

No reason is given, except Dell "made a profit" (because the whole world is buying computers and chips more than ever?!!), and strangely the banking area are all rising (more $ given to them from the taxpayer under Paulson's giveaway and his continued refusal for transparency so that no one knows to whom he has given the $70bn). Complete disgrace and no more than the Socialist States of America.

More so, the massive hand of the PPT and the Fed's knee jerks in fear once again, at what should be a massive (and needed) clear-out sell-off of the Dow on Friday 21st November.

I have to ask, why the hell do not any of the legions of fools on CNBC even query it?

BTW: Last night saw another serious event on CNBC. Rick Santelli was on screen shouting out his "sage" words of wisdom. However his earpiece must have reacted with something as the words of his prompter screeched out in loud feedback about a second or two before he said his script ...... stunning. He stood there dumbstruck and embarrassed and there was an awkward silence that seemed to last an eternity as they all realised what this revealed.

Also, spiv Charlie Gasparino appeared from behind his desk for the first time, and I just burst out laughing. For months he has been a vicious bully to the other staff with just a large head shot as he shout's over all his cronies and cuts them down.....

Indeed, I caught him LIVE ON AIR on the phone to his pals/Paulson on Friday 3rd October as they saw the meltdown with fear in their eyes. He then claimed credit for proposing the TARP plan HIMSELF !!

Complete and utter spivs .... ransoming this planet to save themselves.

He is about 3 feet tall, with Michelle Caruso-Carbrera double his height.

A sheer hilarious sight to see.

Henry Paulson was on CNBC in August 2007 attempting to calm the markets and was being interviewed by Steve Liesman.

During this interview Mr. Paulson made the following statement when asked what is being done to ASSIST the markets: "...we have re-energized the President's Working Group On Financial Markets..." He appeared to be extremely nervous and under duress. In my opinion, as he has done on other occasions, he makes unintended statements.

All that day CNBC discussed what Mr. Paulson had to say, but ignored my numerous e-mails to replay his above statement.

I sent the CNBC video link in an e-mail to Mr. John Crudele of the New York Post. He wrote an expose' about the situation.

Fast forward to the situation with Mr. Scott Nations...

CNBC said that they wanted PROOF that someone in the government spoke about such a thing as the so-called PPT.

I sent them the same e-mail TEN TIMES with the link to their own video where Mr. Paulson makes the statement. All e-mails have been ignored.

I sent the recent interview with video link to Mr. Crudele, again. He wrote an article, which is published today in the New York Post.

This morning CNBC was mocking him and calling the New York Post a TABLOID publication, doing stories about "alien kids", etc.

I sent CNBC the same e-mail with the same link to their own video and demanded that they play it. All requests have been completely ignored.

August 2007 Video> http://www.cnbc.com/id/15... The video is 07:57 in length and he makes the statement at 05:37.

I do know that CNBC reads my e-mails, as I usually get a smartbutt answer, usually from Joe Kernen. Total silence on these e-mails.

Hog - The Republic of Texas!

Sad but true ......

http://uk.youtube.com/wat...

Thanks this is the best new's I'v seen from cnbc in a while,big brother just loves that channel. :o)

E-mail bomb all financial shows everyday with plunge protection team themes. http://www.youtube.com/wa...

http://digg.com/business_...

A quick search on youtube for 'plunge protection team' brings up a lot of videos where it's supposedly (I haven't had time to watch them) mentioned or talked about, and it appears at a glance that many are videos of CNBC.

This reminds me of how CNN called Ron Paul a conspiracy theorist when the NAFTA Highway stuff was brought up, but CNN had already talked about it many times in the past, and there were some good videos put up on youtube that clearly exposed that.

I've noticed this SO OBVIOUS market manipulation in October as the guest had the courage to speak up about on CNBC. I knew it would happen today, just like October 10th and 28th. Who in their right minds would invest huge chunks of wealth in a stock market at the beginning of a recession?... unless of course it was the Government using your taxpayers money to self-manipulate it back up?!!

Today, 18th November was a perfect shining example of the stock market manipulation. A crucial day, and, yes, it happened !

[After the Paulson debacle to save himself and Goldman, giving himself taxpayers' money using the classic fear tactics and saying the money would be to buy "toxic assets" - wait three weeks for memories to fade, then "change" and give himself and the last few banks the ca$h instead], the "fear" of a cra$h still worries, and levels of 8,000 in the US, (4,000 here in the UK) MUST be held on the stock markets.

Sort of the manipulation marking posts, that the powers that be have suddenly dreamt up ... regardless of the reality of the "economy".

Morning futures in the USA were -120 and both indexes were going to breach those markers the analysts and (Governments) have suddenly set.... that is if "free" unmanipulated selling were allowed to happen.

Hewlett Packard came in with great figures... because they are doing so well in this completely bleak static world. (Here we go !... futures are suddenly -60). More crap came in, companies making "good profits", and futures go to "+1" [couldn't they be more imaginative than that?!], and the UK FTSE follows the leader.

Indeed, I nearly choked when (here in the morning in the UK), CNBC's Brian Schactman glibly announced that "futures are looking bad, but they won't be by the end of the day...urrrr,... perhaps".

A pyschological faux-pas, and I knew that my instincts were true.

Yes, as CNBC showed the sickening Paulson, Bernanke charade in front of Congress, the Dow figure was shown live, and inevitably started rising.

A picture of manipulation .. to instill confidence in the masses.

Full marks to the revealing on live CNBC of this obvious plunge protection by the Government.

The CNBC commentators were all taken aback. Becky Quick's squealing in the background so revealing. Watch the video tape link. Scared and guilty as sin, told by the editor down her earpiece to shut him up and DENY ANYTHING TO THIS REVEALATION TO CNBC.

Then immediate attempts to make Scott look a fool and discount this horrendous self-protection manipulation as a "conspiracy" - when it happens in front your eyes.

Then, as has happened for weeks now, the Dow has slipped badly in the last hour of trading. It started to do so around 3.30... then suddenly this rapid fall to negative 150 points would inevitably lead to a breach of the 8,000 level by trade end, lo and behold, started jumping in blocks of 5, 10, to end positive 150 !

For absolutely no reason. There is a self-inflicted recession. In a "real" unfettered market the DJ would be around 6000-6500 now. It would be stagnant and falling 100 points a day as the realisation dawns, and peopel need money just to survive.

The 8,000 level is saved yet again! Yipee ! FTSE will follow, 4000 is saved !

It's laughable.

A "TARP" ... which is actually now being used to fund the big people that made big mistakes ..... yet the ultimate surely has to be the TARP being used to bail out the Dow through buying the S&P's to manipulate the fake economy yet again.

Why on earth did your congress agree to this "TARP"?!! [Trouble Asset recovery program = give the banks your ca$h within three weeks]. Appalling moment in the History of this planet.

Why, oh why, oh why? Am I dreaming?

Cheers.

http://www.youtube.com/wa... PPT the best kept secrete.

of a business channel. is safe to say that these people are Like cockroaches when you turn on the Light, except this cockroaches had no place to hide when the light was turn on!

http://digg.com/business_...

http://www.youtube.com/wa...

this one is an oldy but a goody, Ron Paul questioning McCain on the president's working group.

http://www.youtube.com/wa...

they just dont exist, it is a figment of your imagination. You are all conspiracy nuts. But I loves it when RP asked that question to McInsane. Ok now we can all go back to sleep, I feel better now that they told me it dont exist

His name is Scott Nations at Fortress Trading
http://fortresstrading.co...

Here is his email:
Information@FortressTrading.com

Wants more subsidized mortgages to fix the problem of decreasing home prices???

How is that not more of the same?
And he said he wouldn't believe that government injects credit into the market off the record - what a tit! 8]

www.Umake.it - The online resource for the Hand Made Society

when joe the plumber said that obama was going to actually harm israel and the commentator looked like he was going to faint

I thought that Liesman did a pretty good job. He did not duck the issue at all. At one point, he actually admitted that the government did NOT need an act of congress to do what the PPT is doing. used to think that he was an establishment hack, but he seems more like an honest, naive Keynesian. Its not his fault. The lone female was totally out of line, however.

it reminds me of someone jumping from a skyscraper holding an umbrella.

http://www.votenader.org/...
http://www.flickr.com/pho...

Steve LIESman... he was named correctly.. the other dolts on that show are a joke! GE owns CNBC. The fascist view will only be tought on CNBC.
The only reason I ever watch CNBC is just to get prices on markets and commodities.. I see this kind of conversation on the dailypaul.. the poor guy telling the truth is branded as a conspiracy theorist and a kook! all those other dumb asses have to do is check the evidence! but they won't.. just like the dolts on this web site, who think there is no manipulation in the silver market, or the gold market. Same with there being no shortage of those 2 metals either. Same with the dopes who say there is no conspiracy with 911.. they simply will not look at the evidence!

"When governments fear the people there is liberty. When the people fear the government there is tyranny."
-Thomas Jefferson

I am more concerned about the return of my money than the return on my money. --Mark Twain

Here's a link from CNBC's web site for this discussion...

http://www.cnbc.com/id/15...

It starts about 1:30 in

----------------------------------------
Ron Paul Supporter Since 1997

“We have allowed our nation to be over taxed and over regulated and overrun by bureaucrats, the founders would be ashamed of us for what we're putting up with” Ron Paul

".... contributing more to plunge, than protection..."

LOL

http://www.dailypaul.com/...

lol. gotta love live tv.

http://www.youtube.com/wa...

~~~~~~~~~~~~~~~~~~~~~
"It is your duty as loyal Americans to Shut up."– Bill O'Reily

I didn't realize this was such a hot button issue. I've heard Ron mention the Presidents Working Group in a debate when he asked McCain a question but didn't realize it was related to the PPT, which has been mentioned here and there. It sounds like more solid evidence is needed before claiming the PPT as fact though. For now, it truly is speculation and a conspiracy theory until someone can come up with some names or printed records.

the government antics and Paulson & Bernanke FED antics. "Becky" I can't stand, and when Art Cashin was asked about this, I was sorely disappointed in his response. Joe should have asked FIRST, is there a way for traders to determine on the floor the origin of ALL orders? He would have had to say no. THEN, he should have asked if he believed the government could be purchasing equities.

The IRONY is that why should this network be supporting Paulson after he bait & switched the $850 billion Bailout Plan. Paulson admitted and it was reported that he himself was "buying bank equities". So,if that is true, why wouldn't they believe he would be buying other equities as well. I mean, since Paulson has unilateral authority and bait & switched from purchasing "toxic debts" (which they never intended to do in the first place), the CNBC journalists/interviewers SHOULD be questioning----Is Paulson purchasing the "good" assets of these companies? He apparently is--jmho.

The IRONY is that "questioning" is now labeled "conspiracy theories".

The IRONY is that there is NO questioning of our government. The MEDIA gives them a "pass", as they give the Congressman who were involved with Freddie Mac & Fannie Mae a "pass".

The whole entire thing makes me puke.

People are getting fed up about this, but we are angry that we are powerless to do anything about it!! These people are all beneath contempt,a nd CNBC is absolutely repulsive to me.

I have lost respect now for Art Cashin!

That! Was! Excellent!

Bravo! Who was this guy?