long-rumored "Plunge Protection Team," True or not True

Discussion in 'Wall St. News' started by mahram, Sep 11, 2005.

  1. yeayo

    yeayo

    you don't make sense, earlier you said:

    so you think PPT is some alien vodoo conspiracy shit but you say markets have to be manipulated because of the "flaws" in capitalism. And what flaws may that be? Do eco and bio systems require government intervention? No all this intervention bs (whatever form it may be) is just a bailout. Some idiot places a trillion dollar bet on an inflated asset and when the bid disappears, he wants the government to come in and be the bid using your money. If the government stays the hell out of the market, then maybe a responsible hardworking guy with savings or the real smart money can come in and pick up assets at a bargin and actually make a decent well-deserved return on his hard earned money.
     
    #31     Sep 13, 2005
  2. tomcole

    tomcole

    The good thing about conspiracy theory is that no theory is too preposterous to write.

    But basically, y'all want the Fed or whoever to step aside and allow volatility and rumor to run the market, right? If that happens, I bet the rumor mongers step in and chime together that the Fed is killing them.
     
    #32     Sep 14, 2005
  3. hmm..
     
    #33     Sep 14, 2005