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Conspiracy Theory: Market dive was a warning from Goldman to Obama to Back Off
wall street rumor mill
| 5/7/10
| various
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.
TOPICS: Business/Economy; Government; Miscellaneous; News/Current Events
KEYWORDS: bigmoney; chat; conspiracytheory; goldman; government; harvardbizskool; harvardmbas; stockmarket; vanity; wallstreet; wallstreetcrooks
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To: Las Vegas Ron
” The writer put together a similar scenario as Glenn Beck but concluded that GS would be the ones handling all of the credit trades. “
Count on it, and with the blessing of Obama.
21
posted on
05/07/2010 6:43:22 AM PDT
by
stephenjohnbanker
(Support our troops....and vote out the RINOS!)
To: grayhog
Obama could be bought off very easily. No need for elaborate conspiracies.
22
posted on
05/07/2010 6:45:30 AM PDT
by
Kid Shelleen
(Keep your socialized health care off my body !!)
To: Dr. Thorne
I think you’ve pretty well figured out the game being played. All of us small investors are merely pawns and collateral damage.
23
posted on
05/07/2010 6:46:21 AM PDT
by
The Sons of Liberty
(The 0bama regime represents an "Clear and Present Danger" to the US - Mene, Mene, Tekel, Upharsin)
To: The Sons of Liberty
My conspiracy theory is that this was a test run to shake investor confidence in the market. A couple more and then Obama can ride to the rescue by taking your 401k and ‘guaranteeing’ a return. Who knows, he might even be able to postpone elections.
24
posted on
05/07/2010 6:58:40 AM PDT
by
ebshumidors
( Marksmanship and YOUR heritage http://www.appleseedinfo.org)
To: ClearCase_guy
Agree.Besides,Loydie doesn’t have the nuts to pressure the
Adminstration.
To: stephenjohnbanker
Yeah, and I wouldn’t be surprised if the bummer comes out calling for new laws on stock trades due to yesterday’s “unexpected” plunge too.
26
posted on
05/07/2010 7:04:37 AM PDT
by
Las Vegas Ron
("Because without America, there is no free world" - Canada Free Press - MSM, where are you?)
To: Las Vegas Ron
27
posted on
05/07/2010 7:05:24 AM PDT
by
stephenjohnbanker
(Support our troops....and vote out the RINOS!)
To: grayhog
No conspiracy, and no accidental button push, either.
Were they really trying to sell that crapola to the masses?
Check the web, people - ALL the markets tanked. I wonder what today's excuse is going to be (down 153 as of this writing)?
28
posted on
05/07/2010 7:27:05 AM PDT
by
jimjohn2458
(jimjohn - conservative, and more black than the Obamination)
To: devane617
Ditto. If they had the ability to manipulate the market like that, we'd see 1000 point swings on a daily basis.
Traders only make money when the market is in a state of flux (either up or down).
29
posted on
05/07/2010 7:37:31 AM PDT
by
wbill
To: subterfuge
Painful....many moons ago, wifey and I decided to totally withdraw our retirement for any sort of stocks or funds......cash only.
We don't make anything, but we're intact (other than the minimal inflation factor).
30
posted on
05/07/2010 7:46:26 AM PDT
by
ErnBatavia
(It's not the Obama Administration....it's the "Obama Regime".)
To: Las Vegas Ron
31
posted on
05/07/2010 7:49:27 AM PDT
by
stephenjohnbanker
(Support our troops....and vote out the RINOS!)
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