Tuesday, March 15, 2011

Morning Update/ Market Thread 3/1 – Beware the Ides of March Edition…

Good Morning,

REMEMBER, IT IS ALWAYS THE TRIGGERING EVENT THAT TAKES THE BLAME, never the bubble the bankers created in the first place.

I’ll be out of town until later this afternoon, so I’m asking the usual folks to please keep one another up to date inside of the daily thread below this post.

Don't forget, the FOMC gives lip service to those who hang on their every meaningless word at 2:15 Eastern.

Did you see the impact Anonymous had on BAC shares? Fifteen whole cents! Oh boy, that is quite the display of total market capture by the banks. Not only did their blatantly illegal activities not affect share price, I couldn’t even find mention of it in the mainstream news. There’s a lot to be gleaned from this observation, like the fact that the rule of law obviously no longer applies to the banks (already known), and that the people who hold the shares know this. Of course it is the banks who own one another’s shares, that’s how they keep appearances up – well that and outright accounting fraud… and theft… and direct market manipulation, just to name a few of their well used tools. Hey, nothing to see here, move along my wayward son…