Posted on 05/07/2010 6:18:11 AM PDT by grayhog
Had a couple of conversations/phone calls floating this idea on Wall St -- Goldman tanked the market temporarily to send the message to Obama and his posse to back off. Pretty devious as conspiracy theories go, but not too far from the realm of believable given the state of affairs. If we see the finance bill get watered down, then maybe it worked.
BullShit
13 grand gone from my 401K.
There is no need for them to send a message to Obama to back off.
Very stupid on Goldman’s part if true.
sounds plausible, barry is getting way too uppity wagging his finger in GS CEO’s face
plus he has shown no interest in finding out who tanked the US economy in September 2008 and is therefore complicit and pwned by whoever did it
if it was deliberate there are other plausible players than GS, barry is a cat toy for so many interests hostile to America
” I think that Obama and Goldman are working closely together and have been for a very long time. In public, Obama gives Goldman a hard time. In reality, Obama is working hard to enrich Goldman, and Goldman is working hard to increase Obama’s power.
There is no need for them to send a message to Obama to back off.”
Hey! How about that!
Somebody here at FR who actually GETS it.
I lost more than that....but this thoery I just might hang on to.
this was no fat finger mistake
I prefer your take.
The puppeteer is pulling Obama and Goldman strings.
Who’s more powerful? The free market or Obama and his communist government?
I’m so sorry for you; that is just awful!
I happened to be channel surfing and was on CNBC and the girl stock reporter said:(paraphrasing)’ just as an example, let’s check out a stock’ and she picked P&G and as soon as the graphic came up, it plummeted. She was speechless and kept saying that can’t be right-someone check that please...she was really upset.
It was very very strange to say the least.
It almost looked like a computer hack the way it jumped downwards.
I know NOTHING about stocks etc., it just all seemed weird to me watching it live.
Someone made a boat load of money, follow the money.
the only fat finger here is the one being poked into America’s eye
Oh sure, Goldman wants to be caught intentionally tanking the stock market right now.
I read an article, here I think a while back regarding the Cap and Tax scheme.
The writer put together a similar scenario as Glenn Beck but concluded that GS would be the ones handling all of the credit trades.
Ow.
Now, GS sees the impending takeover of Congress by the GOP.
The suit against GS by the FedGov is a shot across the bow warning them to stay on the reservation.
GS sent a return warning shot across Obusted's bow showing that they can tank the market and toss his 2010 and 2012 chances into the shitcan.
Just a little friendly, internecine skirmish in order to set boundaries between allies.
Conclusion: The market is a fixed casino for pathetic gamblers who secretly want to lose. IRAs and 401(k)s are rainyday piggy banks for the FedGov that'll take your $$$ whenever they please citing necessity and the wonderful tax advantages you've received from them.
Invest in my tagline.
Meant to copy my post #17 to you too.
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