The CLEARLY SHOWS every index is already in or close to a bear market, Paulson's Plunge is using federal money thru the primary broker-dealers to CONTROL DIA, keeping it up in the final what should be CRIMINAL act of desperation, the Dow will be the last to fall, and when it does, look out below. http://financialsense.com/Market/wrapup.htm
As usual who ends up subsidizing the greedy sleazy mortgage companies who wrote NINJA loans to people who couldn't afford a chicken coup? Who bails out the banks that packaged this worthless subprime crap into CDOs and then spread this slime all over the financial system? Who pays for the poltical largesse of the corrupt Washington politicians that now want to bail out the entire country? Of course. It's you. And me. It' the average American taxpayer as always who foots the bill.
Every dollar pumped into the system by Bernanke and Paulson means the dollars in your savings account, your 401k or IRA are WORTH LESS.
There's only one way out. The banks need to write it off. No more Paulson Ponzi schemes. No more Bernanke puts. The banks just need to write off the losses and let the chips fall where they may. It's that simple, and harsh.
Bernanke should tell Paulson to go to hell. I don't know if you heard but even Alan Greenspan said last week that the Fed should stop intervening in the market and let market forces work. That's code for the Fed should stop participating in Paulson's PPT ponzi scheme. Clear signs of a split forming between Treasury and the Fed.
I have yet to see Whore Bernancke not take commands from Pimp Paulson.Any split will be too late and would signal a criminal probe into PPT, SOMEONE KNOWS AT GOLDMAN where all these trades are going. A whistleblower is needed, but they know they will be "rendered" to Afganistan. This is the greatest financial crime of all modern times, this intervention made Nixon look like a Boy Scout.