CROOKS Made Billions on Market Drop

 

CROOKS Made Billions on Market Drop

The Dow Jones industrial average -- the DJIA lost 600 points in five minutes before markets eventually recovered most of those losses -- was still unclear why this happened.  At one point individual stocks dropped 25% to 75% of their value and then recovered in a matter of minutes.  The excuses for this drop are one trader crashed the entire DJIA with one trade.  The market was scared by the European debt crisis.  The Easter Bunny did it.  Number three is closer to the truth than the first two.

I will tell you exactly what happened.  A group of hedge fund managers figured out how to take the Dow down quickly through selling millions of shares and then buy at the bottom and then make money as the stocks recovered.  Proctor and Gamble dropped 10 points and then quickly recovered within minutes.  The purchase on five million shares of this single stock would have (did make) made a fund $50 million in five minutes.  Now do the math.  Multiple funds bought targeted multiple company stocks and made tens of billions on a fourteen minute artificial 1,000 point drop.

Has this ever happened in the history of the NYSE?  No! In fact let me say HELL NO!  Could one simple trade by an unknown broker cause this to happen?  Hell no!

We do know a few things about the current investor situation in this country.  Over one trillion dollars sit in hedge funds that play the market like gamblers betting at the craps table.  They have software programs running to analyze volume, trends, industry moves, government moves, bond ratings, etc.  They have pumped and dumped continually over the past 8 years and got away with massive fraud while the SEC and others sat and looked at dirty pictures, as they were instructed to do.

The SEC is in the hands of those they are required to regulate and don’t.

The real problem is millions of small investors and pension funds lost billions in a fourteen minute span so the crooks could make billions.

Where are the watchdogs, the independent press, investigative journalists looking into this 1,000 point drop in fourteen minutes?  They are not saying anything and in fact the crooks are laughing all the way to the bank. 

“A breakdown in the world of electronic exchanges is seen as one reason at least a half-dozen stocks, including Accenture (ACN.N) and Exelon Corp (EXC.N), briefly traded for as low as a penny a share during the worst of the meltdown.”

Wow!  And no one saw these prices and bought millions of shares?  Yea and the guys at Goldman didn’t steal taxpayer bailout money that was paid to AIG.  Bernie was honest and Bush believes in Jesus Christ – the Christ that likes torture.

“Regulators plan to examine whether securities professionals triggered yesterday’s stock-market plunge or exploited the turmoil to profit illegally, two people with direct knowledge of the matter said”

Please rent Wall Street, the movie, and watch as the standard buying scheme the crooks use to buy large numbers of shares unfolds.  Orders are placed from accounts with different brokers (hundreds of brokers) around the world through dummy accounts that are controlled by one trader (hedge fund).  These are not traceable by the SEC and even if they were it would be impossible to track the money sitting in multiple banks around the world and in secret accounts in Swiss banks.  

The SEC will find no one did anything wrong.  The crooks in the hedge funds will walk with tens of billions in profit while millions of small investors and pension funds will once again eat the big one so the rich can get richer on the backs or everyone else.

Bill Gates and Warren Buffett along with the other 400 American billionaires (400 people worth $1.5 trillion) have tens of billions in hedge funds and they demand profits.  Is this just a part of Warren Buffett’s war on America?

We must help them get richer, say the Tea Baggers and the Republicans.

Matthew 22:39-40 

 

39"The second is like it, YOU SHALL LOVE YOUR NEIGHBOR AS YOURSELF.'

40" On these two commandments depend the whole Law and the Prophets."

Matthew 7:12 GOLDEN RULE –

 

12 “Therefore all things whatsoever ye would that men should do to you, do ye even so to them: for this is the law and the prophets.”

 

Luke 16:13-14

 

13" No servant can serve two masters; for either he will hate the one and love the other, or else he will be devoted to one and despise the other You cannot serve God and wealth."

14"For where your treasure is, there your heart will be also.

 

John 14:15 “If ye love me keep my commandments.”