Hardly a conspiracy theory. The "Working Group" was formed after the 1987 crash. Manipulation of index options and the futures market is observable.
Here is a Washington Post article from February 23, 1997 titled the Plunge Protection Team.
Labeling stock market manipulation as a "conspiracy theory" is lazy.
"Program trading" is prohibited when the major indices rise or fall a certain amount. That level is roughly 1%, so the markets were well past it at the time of the mass epiphany. The buying was done "by hand".
Like no big Dems have any interest in the market or sit as CEOs or on Boards of major companies or receive any money from these companies. The bottom line is you have trouble raising money among the majors but you DO get money from all these companies and you'd take all you could get.
So you set the stage for the "herd" to vote for you, the poor and ignorant who have nothing to lose and are continuously fed a diet of "bad Republicans".
But beware...Middle America has realized the mistake of putting their eggs all in one basket. Many of them will now "learn" to diversify....something they have known all along. Many of them may even read the company reports or do a little research.
Some local Xerox employees have been saying for years that the company was slowly diminishing. Did they roll over their money? Nope! Are they crying? Yes!
They didn't even listen to themselves. Geez
Sac