U.S. Stocks Rally Most Since 1930s on Bank Plan; Dow Gains 936
Oct. 13 (Bloomberg) — U.S. stocks staged the biggest rally in seven decades on a government plan to buy stakes in banks and a Federal Reserve-led push to flood the global financial system with dollars.
The US government is going to “buy stakes in banks” – the healthy banks mind you. Unhealthy banks, [which were the target – Target Asset Rescue Plan – of the bailout plan, remember?] are going to be ignored while Goldman Sachs, JP Morgan, [now retail banks] Citicorp and other Jewish controlled selected banks get ex-Goldman [read Rothschild] Paulson [Jewish] and now Neel Kashkare [Jewish] to fund them billions of taxpayer borrowed funds to keep them from failing. These titans will be left standing after the economic collapse which is surely coming and the rest of the smaller non-Jewish banks can implode for all they care. In fact, that was the plan from the beginning.
Did you get the significance of the statement: “Federal Reserve-led push to flood the global financial system with dollars?”
That flooding the global financial system with more fiat currency – currency backed only by the good faith and credit of the United States, which for all intents and purposes is now non-existent, is not going to fix any problems, but instead create another greater intractable problem, inflation in the global economy and hyperinflation in the US.
Once the global economy stops denying reality, that is, that the United States is bankrupt and can not repay it’s debts and is going to default on it’s debt obligations through a force majeure, and all those left holding dollars will suffer a complete loss in relation to the amount of Old Maid dollar currency they hold, there will be a mass exodus of the dollar. With that exit will come the complete collapse of the dollar and the US economy will dive into a depression that history will say was the final gasp of the United States.
What we are seeing this week in the exuberant rise in the US stock markets is what is referred to as a “dead cat bounce.”
Even a cat, after a fall from high places, will bounce once after it hits the pavement. The Masters of the Universe are creating a run up in the stock market, to sucker retail and other non-insider investors into the market so as to allow the Masters – Goldman, JP Morgan, et al, to exit with the last bit of profit before the final crash.
Don’t be suckered in. If you are, you deserve to lose your wool.
The headline two days after I posted this missive:
U.S. Stocks Plunge Most Since Crash of `87 on Recession Concern
Oct. 15 (Bloomberg) — U.S. stocks plunged the most since the crash of 1987, hammered by the biggest drop in retail sales in three years and growing doubt that plans to bail out banks will keep the economic slump from deepening.