Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Are You Going to Believe Your Masters or Your Lying Eyes?
Commentary by El Gallinazo.
Under what Bill Gross describes as "the new paranormal," one has to ask, what exactly do these market caps and index futures mean? While many might argue that in the GOD (good old days) price discovery was rigged, it ain't nothing compared to what is occurring today. The new generation of software and superduperpooper computers enables the Cabal to fix price discovery as they see fit.
Under the old model of capitalism, the shareholders of a corporation were the owners and the managers were often quite a bit lower on the totem pole. But is that still true? Perhaps the share holder class has become the new suckers and the Owners are primarily invested in the bonds. Who actually owns these equities? From what I read, despite a major disinformation campaign by the Media that "the pump is finally primed," and "Yes, Mission Control, we do have lift off," people and even funds are fleeing equities in increasing numbers.
One thing we can be sure of. The Owners and the politician class (three rungs below the Owners on the Great Pyramid of Power) are trying to use the new, improved false price discovery of equities to bamboozle Joe Bagodonuts into believing that we are experiencing an "economic recovery." If you have three working synapses in your pocket to rub together, then you know this is a load of shit. Basically, its, "Are you going to believe your Masters or your lying eyes?"
http://theautomaticearth.org/Finance/are-you-going-to-believe-your-masters-or-your-lying-eyes.html
==========================================================
What is this stock market thingy, really.......Las Vegas for the 1%, but they play with the 99ers money...
InfoView thread info, including edit history
TrashPut this thread in your Trash Can (My DU » Trash Can)
BookmarkAdd this thread to your Bookmarks (My DU » Bookmarks)
4 replies, 1689 views
ShareGet links to this post and/or share on social media
AlertAlert this post for a rule violation
PowersThere are no powers you can use on this post
EditCannot edit other people's posts
ReplyReply to this post
EditCannot edit other people's posts
Rec (14)
ReplyReply to this post
4 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
Are You Going to Believe Your Masters or Your Lying Eyes? (Original Post)
MindMover
Mar 2012
OP
xchrom
(108,903 posts)1. du rec. nt
tk2kewl
(18,133 posts)2. I am of a similar mind
Would that activate another round of TARP and a Fed breastfeed of the Too Big to Jail when QEIII proves as effective as shooting meth into a cold cadaver? Probably. If so, when are the owners going to pull the trigger?
Maybe this year's October surprise?
MindMover
(5,016 posts)4. probably sooner....like August.....
Uncle Joe
(58,364 posts)3. Kicked and recommended.
Thanks for the thread, Mind Mover.