Plunge Team Working Overtime
What I'm trying to do amigos is break it to you that the leaders and media personalities that you trust and respect are actually snakes in the grass. For example there is the plunge team. This secret cabal operating out of the White House manipulates stock prices to prevent a sudden drop or plunge of the stock market. How? Well first they whip up a batch of freshly created electronic funny money. Next they begin buying futures of key stocks to drive up, or at the very least, stop the drop in stock prices. Here, read this my friends:
According to John Crudele of the New York Post, the Plunge Protection Team's (PPT) modus operandi was revealed by a former member of the Federal Reserve Board, Robert Heller. Heller said that disasters could be mitigated by “buying market averages in the futures market, thus stabilizing the market as a whole.” This appears to be the strategy that has been used.
Former-Clinton advisor, George Stephanopoulos, verified the existence of The Plunge Protection Team (as well as its methods) in an appearance on Good Morning America on Sept 17, 2000. Stephanopoulos said:
“Well, what I wanted to talk about for a few minutes is the various efforts that are going on in public and behind the scenes by the Fed and other government officials to guard against a free-fall in the markets….perhaps the most important the Fed in 1989 created what is called the Plunge Protection Team, which is the Federal Reserve, big major banks, representatives of the New York Stock Exchange and the other exchanges and they have been meeting informally so far, and they have a kind of an informal agreement among major banks to come in and start to buy stock if there appears to be a problem. They have in the past acted more formally… I don't know if you remember but in 1998, there was a crisis called the Long term Capital Crisis. It was a major currency trader and there was a global currency crisis. And they, with the guidance of the Fed, all of the banks got together when it started to collapse and propped up the currency markets. And, they have plans in place to consider that if the markets start to fall.”
What Georgy Step-on-top-of-us was actually admitting to was that private bankster snakes create electronic dollars right out of thin air and buy stock futures in a willful effort to trick YOU into believing stock are going to go higher. The plunge team is in effect the worms that keeps you on the hook for the bill when the economy corrects itself. It's the invisible hand that Adam Smith wrote about so long ago. You can't fool the invisible hand of the economy and those who try are arrogant windbags. So now my friend Crystal is stuck paying into a 401 K which has lost all the gains of recent years and as soon as the money is taken from her check for the 401 K it vanishes. It's a negative investment that she's stuck with and forbidden to get at.
Now the great American National Socialist George Bush is on TV bragging about running Freddy and Fannie and AIG, and the rest of the nationalized commercial sectors just like Hugo Chavez did but Americans don't blink an eye. His plunge team spent last night buying futures to fake you out and thus far it appears to be working since the market is up 121 as I write. But the big guys are both greedy and aware of the workings of the plunge team.They know what Bush and Paulson did last night and they jumped on board. Then this morning the masses believe we've turned a corner as the marker rises. But the in-the-know big investors realize this is a ruse and sell short for a big profit and leave the ignorant masses holding stocks that begin to plunge once more.
In short, the Federal Reserve banksters and their buddies wanted to actually deflate the stock market in what they hoped would be a controlled operation favoring themselves. They are deluded. Economies are chaotic systems with too many variables to consider. They are like the weather - difficult to predict. Now these elitist frat boys who thought they were so damn smart because they were so successful fooling YOU are in trouble and they know it. They are just trying to keep our economy from total collaspe until after the election. Then they will Blame Bush and hope in four years they can fix the mess. However, collectivist cannot correct collectivism with more collectivism.
You don't realize this so most of you exiles will vote for the collectivist McCain rather than the collectivist Obama. Neither has said one word about the Federal Reserve banksters. And you think they will fix things and make your life better. You better strap in for a rough ride amigos. You are due for a hard lesson in economic realities.
According to John Crudele of the New York Post, the Plunge Protection Team's (PPT) modus operandi was revealed by a former member of the Federal Reserve Board, Robert Heller. Heller said that disasters could be mitigated by “buying market averages in the futures market, thus stabilizing the market as a whole.” This appears to be the strategy that has been used.
Former-Clinton advisor, George Stephanopoulos, verified the existence of The Plunge Protection Team (as well as its methods) in an appearance on Good Morning America on Sept 17, 2000. Stephanopoulos said:
“Well, what I wanted to talk about for a few minutes is the various efforts that are going on in public and behind the scenes by the Fed and other government officials to guard against a free-fall in the markets….perhaps the most important the Fed in 1989 created what is called the Plunge Protection Team, which is the Federal Reserve, big major banks, representatives of the New York Stock Exchange and the other exchanges and they have been meeting informally so far, and they have a kind of an informal agreement among major banks to come in and start to buy stock if there appears to be a problem. They have in the past acted more formally… I don't know if you remember but in 1998, there was a crisis called the Long term Capital Crisis. It was a major currency trader and there was a global currency crisis. And they, with the guidance of the Fed, all of the banks got together when it started to collapse and propped up the currency markets. And, they have plans in place to consider that if the markets start to fall.”
What Georgy Step-on-top-of-us was actually admitting to was that private bankster snakes create electronic dollars right out of thin air and buy stock futures in a willful effort to trick YOU into believing stock are going to go higher. The plunge team is in effect the worms that keeps you on the hook for the bill when the economy corrects itself. It's the invisible hand that Adam Smith wrote about so long ago. You can't fool the invisible hand of the economy and those who try are arrogant windbags. So now my friend Crystal is stuck paying into a 401 K which has lost all the gains of recent years and as soon as the money is taken from her check for the 401 K it vanishes. It's a negative investment that she's stuck with and forbidden to get at.
Now the great American National Socialist George Bush is on TV bragging about running Freddy and Fannie and AIG, and the rest of the nationalized commercial sectors just like Hugo Chavez did but Americans don't blink an eye. His plunge team spent last night buying futures to fake you out and thus far it appears to be working since the market is up 121 as I write. But the big guys are both greedy and aware of the workings of the plunge team.They know what Bush and Paulson did last night and they jumped on board. Then this morning the masses believe we've turned a corner as the marker rises. But the in-the-know big investors realize this is a ruse and sell short for a big profit and leave the ignorant masses holding stocks that begin to plunge once more.
In short, the Federal Reserve banksters and their buddies wanted to actually deflate the stock market in what they hoped would be a controlled operation favoring themselves. They are deluded. Economies are chaotic systems with too many variables to consider. They are like the weather - difficult to predict. Now these elitist frat boys who thought they were so damn smart because they were so successful fooling YOU are in trouble and they know it. They are just trying to keep our economy from total collaspe until after the election. Then they will Blame Bush and hope in four years they can fix the mess. However, collectivist cannot correct collectivism with more collectivism.
You don't realize this so most of you exiles will vote for the collectivist McCain rather than the collectivist Obama. Neither has said one word about the Federal Reserve banksters. And you think they will fix things and make your life better. You better strap in for a rough ride amigos. You are due for a hard lesson in economic realities.
posted by Tomás Estrada-Palma at
9:59 AM
9 Comments:
Mr. Palma, what about people such as yourself, what are you proposing to do about all of these "cloak & dagger" issues?
Mr. Palma, why is your site meter closed?
Start by obeying the Constitution which calls for gold and silver as the only legal money. Just legalize being paid in gold and silver. Next realize that your investments have been manipulated away by a criminal gang. Finally I would suggest that voters not vote for either wing of this gang again or expect more economic and social decline. This is what collectivists way always produce.
If you elect freedom candidates then we can eliminate all taxes except for one based on land location value then we will eliminated the fiat money boom bust cycle that is so tied into this fake money and how it relates to real estate. This will prevent land hording and bring the highest possible amount of land into productive use. Read "Progress and Poverty? by Henry George to understand the plan. It's brilliant.
As for the site meter I can hardly get it to work myself. You tell me why it's closed and what it means to be open.
Thank you Mr. Palma, I will look for that book, do you know if it's currently available or is it out of print? I'll check my local library here in Harrison New Jersey.
The sitemeter stuff was curiosity, it does not do what they usually do on other blogs, yours shows that to get the numbers one has to login, only a blog owner can do that, just curious about your blog numbers, no biggie. Thanks.
Go here to read a Spanish synopsis of the Book.
http://www.eumed.net/cursecon/textos/h-george/index.htm
Thanks!
My Spanish is not that great, but thanks anyway, I'll ask my parents to translate
Sorry amigo!
Try here for English:
http://www.schalkenbach.org/Works-by-Henry-George.html
You're welcome amigo. Just to let you know when I heard roughly what this plan was about I was totally against it. But a good friend persisted and finally got me to read the book. Though its more than 800 pages I could not put it down. This is the solution to fund society without harming the individual. It's great for the environment and it prevents land hording.
Anonymous, Tomás is correct about the precious metals as basis for the currency, he's also correct about the unconstitutionality of the fiat money system, taking that clear-cut message to the population at large is the problem, actually the real problem concerning the delivery of the message lies in the bliss mentality of a plurality - if not a majority - of the population, most people prefer to ignore problems in the belief that doing so would somehow solve them, or that someone else (people in charge) would and should solve them, this symptom of a problem has many sources, but one very important one that can and should be corrected lies with the decayed public education system in the nation, far too many school districts have bent over backwards to serve their perceived masters at the NEA (teachers' union), the true masters are the tax payers that fund the educational system and should demand tacit results for their hard earned money, the goal of the NEA is focused on its members and a Socialistic hidden agenda that at heart is un-American and anti-American, the children and their tax paying parents can basically go to hell as far as the NEA is concerned, but they will never say it in public, with the exception being that Freudian slip of the tongue committed by the head of the National NEA a couple of years ago, when he stated in public that the NEA's interest is to serve the teachers and not the students and their parents, the "dumb-down" of the country is the means to a goal, which is to destroy this constitutional republic, for it is the monkey wrench in the global plans of world domination by the totalitarian communists and their cousins within the Western democracies, the social democrats whom I call "limousine communists" and "useful idiots... (as expressed by Vladimir I. Lenin of the USSR)...of the West."
The book that Tomás recommended is not a light weight in volume, but it is written in a simple and clear language that anyone who is educated can understand, I highly recommend it also.
The Sitemeter used by Tomás I only clicked on once some time ago, I will check in a few seconds to see what the deal is about.....OK, I see what the Anonymous is talking about, clicking on it takes you to the Sitemeter homepage instead of to the data page for this blog, Tomás you just have to redirect the link to your blog's data page at Sitemeter to allow your visitors to view your data analytics, of course that will only happen if you have it setup to allow everyone to see it without restrictions. I hope that helps you guys out.
Post a Comment
Subscribe to Post Comments [Atom]
<< Home