Best of the Week
Most Popular
1.BrExit Looks Set to Win EU Referendum, Final Opinion Polls Give LEAVE Lead Over REMAIN - Nadeem_Walayat
2.BrExit Morning - New Dawn for Britain, Independence Day! - Nadeem_Walayat
3.LEAVE Wins EU Referendum - Sterling and FTSE Hit Hard, Pollsters, Bookies and Markets All WRONG! - Nadeem_Walayat
4.BrExit to Save Europe from Climate Change Refugee Migration Apocalypse - Nadeem_Walayat
5.Trading BrExit - Stocks, Bonds, Sterling, Opinion Polls, Bookmaker Odds and My Forecast - Nadeem_Walayat
6.EU Referendum Latest Opinion Polls Show LEAVE Halting REMAINs Surge - Nadeem_Walayat
7.Gold And Silver – Insanity Is World “Norm.” Keep Stacking! - Michael_Noonan
8.Trading BrExit - British Pound Plunges, FTSE Stock Futures Slump on LEAVE Shock Referendum Win - Nadeem_Walayat
9.Gold And Silver: Security, And BREXIT - Michael_Noonan
10.BrExit Vote - "The Trend is Set" -- And What You Should Pay Attention to Next - EWI
Free Silver
Last 7 days
Brexit Victory over the EU Globalists - 28th June 16
Brexit Psyop: Greenspan Falsely Blames the Brits for the Crash and Chaos to Follow - 28th June 16
Greenspan Calls Brexit a ‘Terrible Outcome’ as Euro Area Tested - 27th June 16
Stock Market SPX Below Mid-Cycle Support - 27th June 16
Best Holidays for Summer 2016 - 27th June 16
Another Stocks Bear Market? - 27th June 16
BBC EU Referendum Result Highlights - YouGov, Markets, Bookmakers, Pollsters ALL WRONG! - 26th June 16
Investors Map Post-Brexit Strategies Amid Global Market Upheaval - 26th June 16
Gold Price Weekly COT Update - 26th June 16
First the UK, then Scotland ... then Texas? - 26th June 16
Stocks Bear Market Resumes or Just More Noise - 26th June 16
Gold And Silver: Security, And BREXIT - 25th June 16
Dow, Euro & Brexit Recap - 25th June 16
Resistance Holding Gold Stocks after Brexit - 25th June 16
Venezuela vs. Ecuador (Chavismo vs. Chavismo Dollarized) - 25th June 16
Gold, Silver And PM Stocks Summer Doldrums Risk - 24th June 16
Here’s Why China “Economic Hard-Landing” Worries Are Overblown - 24th June 16
Jubilee Jolt: Markets Crash, Gold Skyrockets as Britain Takes Brexit - 24th June 16
BrExit Morning - New Dawn for Britain, Independence Day! - 24th June 16
LEAVE Wins EU Referendum - Sterling and FTSE Hit Hard, Pollsters, Bookies and Markets All WRONG! - 24th June 16
Trading BrExit - British Pound Plunges, FTSE Stock Futures Slump on LEAVE Shock Referendum Win - 24th June 16
EU Referendum Shock Results Putting BrExit LEAVE in the Lead Hitting Sterling Hard - 24th June 16
Final Opinion Poll Gives REMAIN 52% Lead, Bookmakers, Markets and Pollsters ALL Back REMAIN Win - 23rd June 16
Does BREXIT Matter? Outlook for Sterling - 23rd June 16
Keep Calm and Vote BrExit - Last Chance to Break Free of EU Superstate - 23rd June 16
Here’s the Foreign Policy Trump and Clinton Really Want - 23rd June 16
Details Behind Semiconductor Stocks Leadership - 23rd June 16
Trading BrExit - Stocks, Bonds, Sterling, Opinion Polls, Bookmaker Odds and My Forecast - 23rd June 16
BrExit Looks Set to Win EU Referendum, Final Opinion Polls Give LEAVE Lead Over REMAIN - 22nd June 16
Proof that the Gold Bears are Wrong - 22nd June 16
Here’s a Trillion-Dollar Investment Opportunity for Those Few with No Debt - 22nd June 16
BrExit to Save Europe from Climate Change Refugee Migration Apocalypse - 22nd June 16
Increase In U.S. Rig Count Will Not Cap Oil Prices - 22nd June 16
Are Copper and China Stocks Set to Rally? - 22nd June 16
SPX May Break Its Trendline - 22nd June 16
Believe it or Not: More Kids Live At Home Now than Since The Great Depression - 21st June 16
EU Referendum Latest Opinion Polls Show LEAVE Halting REMAINs Surge - 21st June 16
British Pound Outlook - BREXIT, Europe and You - Does your vote matter? - 21st June 16
Fascist Victory Behind the European Union - 21st June 16
EU Referendum Opinion Polls Analysis Shows Strong Momentum in REMAINs Favour - 21st June 16
Is It Time to Dump Gold and Buy Platinum? - 21st June 16
Could Central Bankers Be Gold and Silver's BIGGEST Allies? - 20th June 16
Words Still Mean Things – Brexit With Graham Mehl - 20th June 16
Baroness Warsi the Manchurian Candidate Quits LEAVE for REMAIN, Boris Johnson Next? - 20th June 16
FTSE Soars, Stock Markets Bounce on LEAVE Polls Surge, Bookmakers Widen BrExit Odds - 20th June 16
Brexit Would Trigger Devolution of Europe - 20th June 16
Stock Market Week Of Uncertainty - 20th June 16
Will Gold’s Bullish Price Chart Outperform Gold’s 5 Bearish Indicators? - 20th June 16

Free Instant Analysis

Free Instant Technical Analysis


Market Oracle FREE Newsletter

Why 95% of Traders Fail

Did Bankster's Crash the Stock Market to Send a Message to Congress?

Stock-Markets / Financial Crash May 09, 2010 - 02:23 PM GMT

By: Mac_Slavo

Stock-Markets

Best Financial Markets Analysis ArticleIn Conspiracy Fact or Theory news we ask our readers to consider the possibility that the 1000 point crash and subsequent recovery within a 30 minute time period was not a “fat finger” mistake, but rather, a clear message to our lawmakers that someone else, and not the American people, is in charge of America. This was a $1 trillion dollar move in stock markets, do you really buy that it was an accident as reported by the mainstream?


Watch the video below to get a basic understanding of the circumstances that may have been involved. This is not a lone theory and other analysts and financial commentators have similar views, as cited below.

What was the manipulation about?

We believe that it may have been a clear message sent to our elected officials, resulting in major changes to Ron Paul’s Audit the Fed bill, essentially gutting the provisions that we require transparency and disclosure about the Federal Reserve’s global monetary policy.

Ron Paul is not too happy about the changes:

Congressman Ron Paul (TX-14) expressed disappointment that his landmark legislation to audit the Federal Reserve Bank- which passed by a wide margin in the House Financial Services committee and has over 319 House co-sponsors- was threatened by a compromise in the Senate today.

More specifically, Paul’s language (passed by the House) to audit the Federal Reserve has been stripped from the Sanders Amendment to the Senate financial reform bill. Instead, the Sanders Amendment now contains softer compromise language that exempts monetary policy decisions, discount window operations, and agreements with foreign central banks from Government Accounting Office (“GAO”) audit.

So, the new amendment pretty much eliminates transparency where we actually need it.

All of this seems to have occurred AFTER the stock markets made their largest intra-day decline in history. The timing is nothing short of amazing, and we’d suggest that the two events (stock market crash and the subsequent stripping of the bill) or very much related.

The Fed is likely engaged in the largest Ponzi scheme of all time and we’re not talking mere billions like the Bernie Madoff scheme. We’re talking about tens of trillions of dollars across the entire globe shifting hands. Any truly transparent audit bill would threaten those in power, including beneficiaries of trillion dollar swap schemes and bailouts that include massive banking institutions, as well as whole nations.

The Theory: Why Congressional officials may have been blackmailed:

A hypothetical scenario, written by Zero Hedge contributor Cognitive Dissonance, gives us a look at what may have happened on Thursday. The names have been changed, as this is a fictional account:

John [TPTB REPRESENTATIVE]: “We were hoping you’d reconsider your position. Some of your political support is wavering and while the public might think a Fed audit is a good idea, that’s just populist poppycock and you know it. There are a lot of powerful people who’d like to see this problem go away. You might want to think twice before pissing them off.”

Howard [SENATOR WHO INTRODUCED AUDIT BILL IN SENATE]: “Cut the crap John, you’re not talking to some teary eyed freshman here. I’m fully aware of who and what I’m up against and I’m not backing down. You and your puppet masters have gone too far this time and while you might eventually gut me on this one, I’m willing to take that chance. There’s strong support in the House for Paul’s version and while things are still up in the air in the Senate, I’m certain with elections coming I can pull together a super majority to get this passed. Face it John, you’ve lost. Take that back to your people with love from me.”

John: “These are serious people we’re talking about Howard. People who’ll stop at nothing to see their interests furthered. You’ve seen some of their handy work yourself; you know what I’m talking about. Why can’t we compromise on this one? I’m sure we can find some language that will satisfy everyone with no need for blood to be shed.”

Without waiting for an answer John reaches across the desk and grabs Howard’s office phone, pulling it over to his side of the desk as he punches in a phone number. Howard notices that it’s well over 15 digits, indicating John is accessing a secure network. John looks up at the TV while waiting for the first ring and Howard, seeing John’s attention shift, does the same. It’s now 2:10 PM and the S&P is down 26. The CNBC repeaters are looking a bit frantic as well. Howard feels a cold chill run down his back. What’s going on here? He knows these people are powerful but is John about to do what Howard thinks he’s about to do?

[source: The Call – A Fictional Look at the 25 Minute Market Crash]

Did it happen like this?

Did The Powers That Be temporarily crash our stock markets as a way to show what they could do if Congress moved forward with the Audit the Fed Bill and the Brown/Kaufman amendment which would have required banks to follow strict guidelines to protect America from a systemic financial crash?

No, they wouldn’t do that - they wouldn’t crash markets or threaten us with martial law and tanks in the streets if they don’t get their way.

If TPTB did manufacture this crash, does anyone believe that they won’t go ahead and bring the system down when they are finished doing whatever it is they are up to? What if the eventual goal is just that - a complete destruction of the US dollar and the United States of America as we know it today?

Whoever these people were have no problem wiping out $1 Trillion in wealth in a single day. If it was your retirement account that got wiped out, do you think they would care that everything you’ve worked for your entire life was gone?

There are conglomerates of interested parties - business, political, personal - that will stop at nothing to achieve their goals. They’ll take everything you have, everything you’ve ever earned. They’ll collapse our economic system and change our political structure, even if it means wiping out millions of lives in the process. And, if necessary they’ll send you or your children to war to do their bidding.

This is serious business. You can feel free to cover your eyes and discount this as conspiracy, but what if….?

By Mac Slavo
http://www.shtfplan.com/

Mac Slavo is a small business owner and independent investor focusing on global strategies to protect, preserve and increase wealth during times of economic distress and uncertainty. To read our commentary, news reports and strategies, please visit www.SHTFplan.com

© 2010 Copyright Mac Slavo - All Rights Reserved
Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.


© 2005-2016 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Comments

John
08 Nov 11, 21:29
stock market crash coming

the stock market crash is very close 9/11/11.The stock market is riding on technicals,and the fundamentals have been thrown out the door.Europe is going to bring the globle economy to its knees ,no matter what is done.

THE BIG CRASH IS NEAR ..THE BIG STOCK MARKET CRASH IS NEAR


Post Comment

Only logged in users are allowed to post comments. Register/ Log in

Catching a Falling Financial Knife