The Shell Game

I talked earlier about the initial and continuing claims and the fact that the only honest thing in the report that could be objectively verified seems to be bad news. If that is even correct.

ZERO HEDGE felt much the same way I did, (I was wondering if anyone really cared about anything other then the headline number considering the gap up this a.m.). So read this quick article, I think it is enlightening and just is another link in the chain of manipulation between the market, the Fed, the Treasury and the Administration plus other shady organizations that I won't get into.

The thing about manipulation is it can only last so long before they run out of fingers to plug the leaks. They're betting they can keep it up until the economy turns or maybe until the mid-terms (GDP has shown that's not going to work out too well), but in truth, with each manipulation (and we have a member here who is very up on the POMO scam as is Zero Hedge ) there's less trust in our economy from foreign lenders and investors and the balance sheets can only stay bloated for so long. Ever wonder why volume dropped off so heavily during the great bear market rally of 2009? It's the "Butterfly flaps it's wings in China" concept-there are consequences and we have seen the consequences of the US government basically running the last bull market up (and I was talking about this at the time) almost purely from homeowners spending their massive equity lines. We saw how that worked out and we're not even done with that one.

Here's the article about guessing what the initial claims were from ZERO HEDGE