The economy is dead, being manipulated by *

[OKJackson]

Check this out.

http://biz.yahoo.com/bw/050906/65371.html

Government Intervention in Stock Market Is Detailed by New Report, GATA Says Gold Anti-Trust Action Committee

Tuesday 06 September 2005

Manchester Conn. - A major Canadian financial management firm that a year ago published a compilation of evidence of central bank manipulation of the gold price has just done the same in regard to the US stock market and has reached a similar conclusion.

The new report is titled "Move Over, Adam Smith: The Visible Hand of Uncle Sam," and has been published by Sprott Asset Management of Toronto. It was written by the firm's president, John P. Embry, and his assistant, Andrew Hepburn, and concludes that the US government has intervened to support the stock market so many times that "what apparently started as a stopgap measure may have morphed into a serious moral hazard situation, with market manipulation an endemic feature of the US stock market."

[Warren Stupidity]

1. Dept. of No Shit Sherlock. nt

[Digit]

2. I had noticed..

They need to keep the illusion the economy is strong.
What BS

[Renew Deal]

3. That's a press release. It's probably half BS.

I still don't get all the gold pushers. There are people that push gold relentlessly. This is a press release, not news.

[Theres-a]

4. Really????????????

:hide:

[Trillo]

5. Thanks, I've decided its a game of crooks and liars.

It's nice to see some information coming out in support of that view. It's very curious how they've pointed out how 'undemocratic' the interventions have become.

[cliss]

7. Interesting, isn't it?

I have these visions of Bush and his henchmen, John "Snowjob" Snow, in particular. He has countless investment bankers, mega banks, stock brokerages and other corporations behind him.

I'm visualizing them intervening, sweating, fixing, sweating some more, hyping up stocks, covering up, lying some more, seriously panicking, and dodging a bullet once more.

It's become an insane game of being 1 step away from disaster for these guys.

As they do their magic, I see water coming in to the White House. It's an invisible flood which keeps rising, rising, rising. Who says it doesn't flood in Washington?

[applegrove]

6. Yup. As one expert pointed out there is no place in America that

has a job boom. No place in America that has jobs. None. No place for evacuees to go if they wanted to find a job in order to disrupt their family as little as possible.

For sure some will find jobs, and jobs will be offered. But in these boom times. There is no place in America that has "great job prospects".

Unless you are in the financial industry or join the army.

[Hidden Stillness]

8. Their Dream--An "Economy" With No Jobs, Only Stocks

The economy is now made up of two totally separate parts: the employees--either now jobless and with no prospects since outsourcing has become so common, or barely hanging on with poverty-wage "service" jobs with no benefits, and on the other hand, the investors and stockholders, who actually profit the worse we do. It is an inflated stock value based on oppressing the American worker, though, and cannot possibly be sustained. More and more, their investments will be overseas, as they seek to ravage one exploitable "market" after another, to its destruction, as they are doing to ours. The Midwest lost its great union/manufacturing jobs to their outsourcing, replaced with nothing, and we have never recovered.

Eventually, and that is happening now, their stocks themselves will be worth less and less, as they will be based on nothing tangible, having bled our manufacturing economy to death.