Posted on 10/10/2013 7:14:53 PM PDT by markomalley
Political Director of ABC News, Rick Klein pleaded with investors today to tank the stock market in order to shake things loose in the GOP ranks.
In his ABCs The Note piece today, Klein seriously proposed a stock sell-off designed for the express purpose of breaking the will of Republicans.
When does Wall Street cast its vote? Bipartisan meetings are nice, and new plans that depend on the other side budging certainly cant hurt at this stage of a standoff. But there may be only one way to jolt the system: SELL.
Kleins rationale: recent talks with beltway strategists suggest the GOP is dug in so deep, only an earth-rattling disaster could force them out. Kleins solution? To avoid one manufactured crisis, we should manufacture another in the form of a market collapse.
Conversations with Republican strategists in recent days suggest that only a major event, most likely in the form of a major southward turn in the markets, could shake things loose inside the GOP conference enough to push away from the current crises. Thats what will draw constituent phone calls, and what will turn anger into action more so, certainly, than vague threats of primary challenges engineered by business interests.
As Breitbarts John Nolte puts it in his reaction piece:
Klein made clear that his desire to see the market slide to a point where a national panic sets in has nothing to do with budging a president who refuses to negotiate.
Here's hoping no one takes Klein's proposal as seriously as ABC apparently does.
We’ll, they did this in 2008 to get the usurper in.
Tank the market to shake republicans then we will blame them for it. That’s the plan
Impeachment File on Communist B. Hussein Obama, aka Barry Soetoro, a legal citizen of the Sovereign Nation of Indonesia.
folk off Klein you plick
I’m surprised Barry’s Hammer and Sickle “capitalists” didn’t take his advice. To hell with America. It’s all about the money. He who dies with the most money wins!
Same old marxist crap.
Hurt as many people as possible so they’ll beg for the marxists to save them.
I would say that the reverse could happen...until I remember that Wall Street gave Obama tons of money and they got their sweetheart exemption from Obamacare.
The battle for the country could not be more clear. The lefty traitors in Big Media are throwing Molotov cocktails now.
Drive the market down to nothing. Guess who has cash to pick up the country at bargain prices - The Arabs, Soros, and Buffet.
Tank the market: Risk the nation. Dumba$$.
They learned not to spew retarded bull$hit
Would that not be collusion ? Or possibly insider trading ?
Since 80% or so of all stocks are in the hands of big traders or fund managers, it seems like a not so wise thing to do. That being said, they can pull the old false trading trick where stocks are traded between divisions within a trading company (say Goldman-Sucks) where no money is exchanged but the fake transactions drive the stock prices lower (stock prices are for the last trade of the day - even if for just a few of each stock). But you exclaim, “that’s illegal”. Why of course it is, but remember we only have Eric the Corrupt and the Keystone SEC to police the market .... do you really think they will be able to catch them and prosecute them if they don’t turn themselves in, prosecute themselves and place themselves in jail?
Pick the target, freeze it, personalize it, and polarize it. Make them the issue.
What kind of person says such a thing.
Yep. This is truly a call for economic terrorism.
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That man needs a serious blanket party, I’ll bring the sock with a bar of soap in it.
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