Best of the Week
Most Popular
1.UK House Prices BrExit Crash NOT Likely Despite London Property Market Weakness - 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 Implications for UK Stock Market, Sterling GBP, House Prices and UK Politics... - Nadeem_Walayat
5.Trading BrExit - Stocks, Bonds, Sterling, Opinion Polls, Bookmaker Odds and My Forecast - Nadeem_Walayat
6.FTSE and Sterling Brexit Trading, Deconstruction of the EU Referendum Result - Nadeem_Walayat
7.UK Interest Rate Cut to 0.25% Imminent and More QE Money Printing - Nadeem_Walayat
8.Trading BrExit - British Pound Plunges, FTSE Stock Futures Slump on LEAVE Shock Referendum Win - Nadeem_Walayat
9.The Stock Market is Reading it Wrong! - Chris_Vermeulen
10.Breakouts Galore in Gold and Silver - Jordan_Roy_Byrne
Free Silver
Last 7 days
Silver Market COT Stuns: What's Going On Here? - 24th July 16
Gold Demand Remains Stable During Sector Weakness - 24th July 16
Sernova, Diabetes and Haemophilia - 24th July 16
Russia: Tensions, Turmoil, and Western Hubris - 24th July 16
Soybean Commodity Price to Soar Again - 23rd July 16
SPX Stock Market Uptrend Continues - 23rd July 16
Gold And Silver – Debt Addiction Will Carry Precious Metals Higher, Guaranteed - 23rd July 16
Pokemon Go - How to Play, First Use, Balls, Stops, Catching Pokemon's... Great Excercise! - 23rd July 16
7 Signs That the Gold Market Remains Resilient - 23rd July 16
Basic Income in The Time of Crisis - 23rd July 16
Silver Bull Faces Correction - 22nd July 16
The Serious Warning No One’s Talking About - 22nd July 16
Stock Market Insight from Greed, Volatility, and Put/Call Ratio - 22nd July 16
What Will Happen To the Stock Market When Interest Rates Rise? - 22nd July 16
How to Escape the World’s Biggest Ponzi Scheme - 22nd July 16
Addicted to Debt - We Can’t Borrow from the Future Anymore - 21st July 16
Not Everything Is Bullish for Gold - 21st July 16
Don’t Get Sucked Back Into the Stock Market - The Big Picture Hasn’t Changed - 21st July 16
Silver – Caught Inside - 21st July 16
Forex: "The Markets Are Getting Exciting!" - 20th July 16
China Economic Troubles - Is Kyle Bass Finally Getting His Revenge? - 20th July 16
Why Lithium Will See Another Price Spike This Fall - 20th July 16
The Peak Oil Paradox Revisited - 19th July 16
SPX Challenges the Upper Trendline - 19th July 16
Missing ’28 Pages’ of the 9/11 Report Released into Blitzkrieg of World Events - 19th July 16
Likelihood of Organized Disruption at GOP Convention - 19th July 16
More on the ‘Breadth Thrust’ and Stock Market Internals - 19th July 16
FX Traders: Get a Free Week of Forecasts (Details inside) - 19th July 16
Ups and Downs in Gold and Crude Oil Price - 19th July 16
Keep an Eye on ‘Bitcoin’ as the Next ‘Financial Crisis’ Starts! - 18th July 16
Erdogan Might Have Known about the Coup but Didn’t Prevent It on Purpose - 18th July 16
More Deflation Ahead: Silver, Gold And Their Mining Stocks A Must-Have - 18th July 16
Stock Market Minor Top? - 18th July 16
5 Best Gold and Silver Junior Mining Stocks in 2016 - 17th July 16
Gold And Silver – NWO-Created Tragedies Will Never End, Seek Truth - 16th July 16
How Long Can Buybacks Continue To Support A Market Which Is Standing On A Fundamentally Flawed Premise? - 16th July 16
Will They Come For Your IRA? - 15th July 16
Gold’s Record Selling Overhang - 15th July 16
Capitalism Has Entered a New Era—and Historic Stock Market Investing Returns Are Gone Forever - 15th July 16
Gold Price Could Hit $5,000 or Even $10,000 in a Few Years - 15th July 16
Junior Gold and Silver Mining Funds or Individual Gold and Silver Mining Stocks - 15th July 16
The Soaring Risk of Flying in Bernanke's Helicopter - 15th July 16
The Broad Stock Market, Helicopters and Gold - 15th July 16
The Curious Case of Vanishing Lady Liberty; Only Gold and Silver Remember Her - 15th July 16

Free Instant Analysis

Free Instant Technical Analysis


Market Oracle FREE Newsletter

Forex Forecasts

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