http://www.washingtonpost.com/wp-srv/business/longterm/blackm/plunge.htm

Whether they operate in the futures market or not has never been proven although the moves on days like Oct 1oth, which Scott Nations talks about on the video, definitely feel artificial. In March 2008, as well, it looked like multiple Fed governors would give gloom and doom speeches in the morning to get traders leaning short. Then huge buying came in in the afternoon to cause a massive short covering rally. I wouldn’t put it past guys like Paulson and Rubin (who both know how to get the most bang for the buck trading) to try to prop the market up in the short term to keep from panic setting in.

It is a clear example of media shills, Fed Res. agents/lackeys, and a truth teller………..
Truth Tellers are clearly outnumbered in our society.

There is a video clip out there of a reporter interviewing either a high level treasury official or a Fed Res. official ( from memory I think it’s a Fed Res.) right after the announcement of the Working Group or sometime in that vicinity right after the ‘87 crash.

The interviewer asks him something to the effect of “what measures can the group take to stave off another ‘87 crash” and the official answers (paraphrasing) “we can work within the futures market”.

I know I’ve given a very vague description but I can’t find this clip. I don’t remember where I saw it nor can I find it; prob. in a documentary but it does exist. Maybe someone with some time and better research skills can locate it……..maybe it’s easy to find……….

There should be no doubt that such a group exists. However, like another poster stated, they prob. aren’t involved as much as some think.

The opacity the CFTC offers makes it the ideal place for manipulation. As he points out 2 banks shorted the equivalent of 20% of the world’s gold supply and we don’t know which two banks it was! How’s that for a trustworthy system? You’d think one of CNBC’s “journalists” would find that story worth a look.

With 8,000 member banks, they have opportunity and means to manipulate markets undetected. Either in big block trades, or by “smurfing”. No paper trail, no proof. So, the questions that remain are: Would they do it? Why would they do it? and Why wouldn’t they want anyone to know?

Would they do it? – Yup, these are not principled men we are dealing with (don’t make me itemize).

Why would they do it?
Here’s where it gets murky, because while I’d like to think it would be for good reasons, like discouraging the lemmings bent on self-destruction, or giving soon-to-be retirees, and other slow money, more favorable exit points.

Unfortunately, that would lead to other questions, like, “Were you trying to rig the election?” and “How much money did you lose?” and “What other markets are you futzing in?” and, “Hey, where were you guys today?”

Why wouldn’t they want anyone to know? See the previous answers.

So, from here on out, I’m gonna pretend that I don’t believe the PPT trades S & P futures, just like Baldie & the Bimbo. Here goes:

Wow, Becky and Lisman really pants that Scott Nations dude!

Too bad their bullshit detectors were in the repair shop earlier this year, when the clown parade was predicting, “double-digit growth in the second-half.”

At this point in the market the Fed really has the cash to move markets, the markets is illiquid now, and a couple of million dollars can move the market in a certain direction.

I am not here to say that the group exists and is active but one can build a pretty good conspiracy theory on the following

- highly illiquid market, a few billion dollars a day would move the market listen to Joe Kernan’s statement
- there’s a good enough reason for such manipulation to occur against breaching the current technical level the market is flirting with (38% fib retracement from the 1900s, 2002 lows, October lows), if breached, that will be unbearable chart damage
- Take a look at dollar action in the past year, if you don’t believe there was any form of manipulation to the dollar, then…..also manipulations in the Gold and silver markets, look at the Aug COT report, 2 US banks were responsible for shorting an equivalent of 20% of the world gold supply few days before the major collapse of the gold and silver market
- Finally recent price action in the markets in the final hr of trading: trading volume all day is very light, and all of a sudden there’s a spike in volume, and the market reverses all the way from negative territory to positive territory see this video http://www.youtube.com/watch?v=cYAcM7KtGUI
- There are many other reasons one can come up with

Worried about traces? No biggie, just increase the money supply to a few banks, it’ll look like regular bank trading activity on the floor.

I just think it’s possible, I would like to believe i’m wrong

It is not about being traced and never is. It is about being prosecuted that they are worried about, or should I say not worried about. The fed’s fractional reserve banking system is an obvious scam and a complete rip off to anybody who takes fifteen minutes to study it. For most people I explain it to, the hardest part to believe is that the banking system has that much power to destroy the value of their money. Once most people ‘get it’ they become really angry and I am positive if enough people truly understood how their money worked they would be marching on the capital demanding changes. It is done right out in the open yet it is still being done. Why do you suppose the government continues to do so knowing that if the public caught on they could soon be sitting beside Conrad Black? Because they have no fear of prosecution.

The system works and is set up for the system. Until people wake up and demand changes, the leaders and ‘owners’ of the system will continue to run it as they see fit.

And BTW it is rumored that Conrad Black has been lobbying for a pardon from Uncle George before he leaves office. Why will I not be surprised if that comes through?

This flippin’ nightmare won’t be over until, the like, above, is wrung out of each and everyone one of us.

Past that, this: harold hecuba Says:

November 19th, 2008 at 10:06 pm
nearly every other country in the world has a gov that periodically comes in and attempts to support the market during a freefall. this is a fact. japan did it for YEARS on end and the gov was not even secret about it. why is everyone convinced it does not happen here?paulson is on record as saying he is in constant communications with his wall steeet cronies. is he communicating with the manufacturing sector. how about the teachers in the midwest.when wall street rings his little bat phone paulson responds. almost every gov intervenes in its currency market which is 100x the size of the equity market.

Is an obvious, readily observable, and easily referenced Truth.
http://clusty.com/search?input-form=clusty-simple&v%3Asources=webplus&query=BOJ+defending+the+Yen
for ex.