Friday, October 15, 2010

How can this be?

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10/18 UPDATE: Visualizing A POMO Market: How The Fed Added 400 Points To The S&P

How can this be?

Actual "investors" have been pulling their money from the stock market since the 2008 financial crisis and especially since the May "flash crash", yet equity prices continue to climb seemingly in defiance of economic gravity, likely made possible with the funny money the Fed has been pumping into the financial system:

Certainly Wall Street banksters are pleased with this seeming magic in that they are planning to pay themselves a record $144+ billion in bonuses this year.

The looting of the American economy by the banking PTB den of thieves continues unabated.

No one doth protest because the people and their misleaders have been conditioned not to rock the yacht lest they be "punished" again. One wonders if "Foreclosuregate" is pushing the envelope of what the serpents of Mammon are willing to tolerate:

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