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Stock Market Panic Dow Crash 1000 Points Before Fed Steps in to Buy
The Market Oracle ^
| 5-6-2010
| Nadeem Walayat
Posted on 05/06/2010 4:23:24 PM PDT by blam
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1
posted on
05/06/2010 4:23:25 PM PDT
by
blam
To: blam
Before Fed Steps in to Buy...WTF????
2
posted on
05/06/2010 4:24:48 PM PDT
by
2aberro
To: blam
Um - what?
Something is rotten in the state of Denmark
3
posted on
05/06/2010 4:26:05 PM PDT
by
P.O.E.
("Danger is My Beer" - Rev. Dr. Fred Lane)
To: blam
Using tax dollars to buy stock???? Is this a stock market bailout?
4
posted on
05/06/2010 4:26:41 PM PDT
by
2aberro
To: blam
The Fed buys stocks? If so, which ones?
5
posted on
05/06/2010 4:26:57 PM PDT
by
uscabjd
To: uscabjd
To: 2aberro
The Fed would argue they don’t ‘buy’ stocks. But, over the recent years the PPT has stepped in numerous times to ‘save’ US.
7
posted on
05/06/2010 4:28:35 PM PDT
by
Palter
(Kilroy was here.)
To: 2aberro
To: 2aberro
Eeexxxactly. WTF????
Free markets? LMAO
These are more like slave markets. Obama owns them and he’s not letting them go anytime soon.
9
posted on
05/06/2010 4:32:47 PM PDT
by
DoughtyOne
(Be still & kneel before the know-nothing Omnipotent One, Il Douche' Jr., may fleas be upon him.)
To: blam
If I were a real tinfoil type, I might hypothesize that the gov could do a stealth nationalization of major sectors of the economy just by triggering plunges like this where the PPT has to step in to buy up shares in order to buoy the market. Over time, they’d build up a majority stake in a lot of companies. Once they had stakes in most of the big firms, they could just make an announcement that they now controlled those firms, and there would be nothing anyone could do.
10
posted on
05/06/2010 4:33:05 PM PDT
by
Little Pig
(Vi Veri Veniversum Vivus Vici.)
To: blam
Another method for the socialists to transfer wealth from the private sector to the government.
11
posted on
05/06/2010 4:34:21 PM PDT
by
Man50D
(Fair Tax, you earn it, you keep it! www.FairTaxNation.com)
To: Palter
The Fed would argue they don’t ‘buy’ stocks. But, over the recent years the PPT has stepped in numerous times to ‘save’ US.Please elaborate.... do they stop the trading or do they use US taxpayer dollars to stop stock slides?
12
posted on
05/06/2010 4:34:41 PM PDT
by
2aberro
To: blam
The NY stock market is now a wholly owned subsidiary of the FedGov. There is no reason to trust it anymore.
13
posted on
05/06/2010 4:34:51 PM PDT
by
backwoods-engineer
("It is error alone which needs the support of government. Truth can stand by itself." --Jefferson)
To: blam
This sounds like gibberish! Show me the links to Fed bailout of the market.
14
posted on
05/06/2010 4:35:33 PM PDT
by
Deagle
To: blam
To: blam
It’s perfectly clear that stocks and investments are now a rigged con game, and unless you have access to the big boy circles where they all insider trade, you are Barnum’s sucker.
unless you are a Harvard man, or Ivy League man, forget you bub! This Ivy League /Harvard $$ crap has got to be stopped...ASAP. That's right, you heard me right.
16
posted on
05/06/2010 4:36:18 PM PDT
by
timestax
(DRUG tests for all politcians, including the US PRESIDENT.)
To: The Magical Mischief Tour
To: 2aberro
Using tax dollars to buy stock???? Is this a stock market bailout? Too big to fail
18
posted on
05/06/2010 4:36:43 PM PDT
by
paul51
(11 September 2001 - Never forget)
To: The Magical Mischief Tour
According to Fox News the deep drop was caused by a wrong number being entered in a computer.
19
posted on
05/06/2010 4:37:22 PM PDT
by
webboy45
To: 2aberro
I was going to post something similar. I wonder on whose authority this was done.
ML/NJ
20
posted on
05/06/2010 4:39:08 PM PDT
by
ml/nj
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