Yes, AMERICA, The Master Con-Artist is Mr. Greenspan is doing what the Banksters did in the prosperous Twenties.
He lies to Congress about the Money Supply he controls.
He creates a myth--the WEALTH EFFECT--
(He doesn't fool everyone...Click Here for the latest.)
of the Stock Market, to justify illegally trying to control the small investor.
Has anyone asked him to produce figures or studies to verify his claims?
NO !! He can't.
He defends Bankster's Ripoffs, such as Derivatives, that benefit his ELITE BOSSES, but condemns the profits average people make in the stock market.
For months, now, the ELITE complain about on-line traders buying on margin, because that drives the MOMENTUM MARKET of technology stocks and dot com companies into higher and higher valuations; money that used to go into the Blue Chip Stocks.
THEY complain about "unreasonable tech stock prices" with no "P/E valuations."
In short, THEY don't like the markets being controlled by the masses of online traders. THEY use terms like "trades that execute from minute to minute...." to denigrate on-line trading; but THEY call it "profit taking" when THEY do it.
Now, THEY are all over the THEIR controlled-Media saying how "dot com companies are going to disappear....." Tactics geared to "psych-out" the small on-line investors, whose total numbers have taking control of the Technology Market.
Today, smaller investors control the largest volume of money ever traded in the American Stock Exchanges. The old-line brokers---part of the ELITE, who control the Media, Congress, and the entire Country, except the Internet---are determined to take-back total control.
They want the on-line traders to go away.
FAT CHANCE !!
However, this is why we will never see TRUE campaign finance reform or a revised Income Tax.
The ELITE use their money to buy control of the Market and of Congress.
THEY built the TAX CODE with THEIR bribes, called, "campaign contributions."
They will never give up that control, without a knock-down, dragged-out fight.
MONEY TALKS.
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