As we outlined in Part I, there are powers at work that are trying to bankrupt the United States. (And if you haven’t read that piece, we recommend that you do for background purposes.)
We believe that the economic roller coaster of the past few years has been an intentional effort on the part of various Progressives to use the free market system against itself. They know how the free market system works, they know that the free market system does, in fact, work, and they are using free market principles against the free market in an effort to bring it down.
The current stock market prices defy all logic. Unemployment is officially over 10%, and in some areas of America it’s double that. Consumer spending is down. Yet stocks are on the rise? There is no reason that stocks should be as high as they are, especially stocks of companies making consumer goods. If you ignore the statements by the White House and the mainstream media that “we have turned the corner” and “the economy is on the rebound”, look deeper. Look at the unemployment rates. Look at the ads on TV that are pitching products as ways to save money. Look at the stores that are going out of business and the remaining stores that are positioning themselves to try harder then ever to get your business. Look at the uptick in telemarketers selling “extended auto warranties” and the increasing number of ads encouraging you to keep your older car and change your own oil to save money. Look at the headlines saying that advertising sales are down… There’s no better indicator on the state of the economy than looking at the advertising market.
Look around you… pay attention. The economy is still heading south, and there’s no rebound any time soon. That is the reality.
Listen to the White House and the parrots in the media tell you the opposite.
What is going on here?
We’ll tell you what: A classic Wall Street fraud called a “pump and dump“. Wikipedia defines a pump and dump as:
“Pump and dump” is a form of microcap stock fraud that involves artificially inflating the price of an owned stock through false and misleading positive statements, in order to sell the cheaply purchased stock at a higher price. Once the operators of the scheme “dump” their overvalued shares, the price falls and investors lose their money. Stocks that are the subject of pump-and-dump schemes are sometimes called “chop stocks.”
Let’s rewind a year ago. The stock market was tumbling. People were watching their retirement savings evaporate faster than Obama’s campaign trail promises on November 5th, 2008. The hardest hit were the Baby Boomers who were close to retirement. They had plans for that money… vacations, helping their grandkids with college, remodeling the kitchen, time shares, new cars. Now… gone. Retiring early became a distant memory and working into their 70’s became a reality.
All during the slide, investment firms and hedge funds bought-and-sold as they thought the market hit bottom, then kept on going. Losses mounted. Most financial advisors told their clients to just “hold on” and that the market would rebound. Baby Boomers looking at recouping their losses dug in and held tight. When it hit bottom, people who had available money left poured it into the market, grabbing bargains. Massive “buy” orders increased the optimism of traders, and more people followed suit. Positive news from the White House helped this along, as did positive news from the parroting press.
The Dow Jones is now teetering around 10,000 and some people think the market is bouncing back. Don’t be fooled.
One of the largest hedge funds — Soros Fund Management — is owned by none other than George Soros. And Soros Fund Management made massive investments when the market hit bottom. Yes, the job of investment companies is to make money, and grabbing lots of shares of stocks of quality companies like Macys at bargain-basement prices is sound investment advice. But large stakes in such companies also means that you have a major influence on the stock price. When you’re that big and you buy big chunks of stock, other people buy. When you unload large positions in a company — particularly market leaders — other people unload too. In short, Soros Fund Management has the ability to influence large sectors of the market. More on that in a minute.
A little bit on George Soros. He is known as “the man who broke the Bank of England“. And in addition to his financial dealings, Soros has his fingers in many Progressive “think tanks” and media arms. MoveOn.org, the Open Society Institute, the Tides Foundation, the Democracy Alliance, the Center for American Progress, America Coming Together, and many, many others have all benefitted from his massive infusions of cash. These organizations have sponsored environmental advocacy groups and “experts”, radical groups such as ACORN, and have groomed many members of Obama’s cabinet like John Podesta.
To say Soros is influential in modern-day politics is a vast understatement. How influential? In researching this article, we found it interesting that one of the Open Society Institute’s projects — “Project on Death in America” — has a stated mission “to understand and transform the culture and experience of dying through initiatives in research and scholarship, the arts and humanities, through innovations in provision of care, through public and professional education and through public policy.” This information is hosted on a US Government website, the National Institutes of Health, which is part of the US Department of Health and Human Services. One of the many organizations that Soros has ties to is Health Care for America Now. Knowing this, is it any coincidence that this week the U.S. Government came out with recommendations changing the recommendations on mammograms to raise the age that mammograms should start, cap the upper age for mammograms at 75, and say that self-exams aren’t really that important? We think not. After all, this is the same man who in 1994 gave a speech where he said he offered to help his mother commit suicide, and financially and vocally supported the Oregon Death with Dignity Act, which legalized Dr. Kevorkian-like physician-assisted suicides. This is merely a glimpse, only one example, of how Soros’ overall ideology is seeping into the fabric of the United States Government. His hooks into the American political system are many and deep.
So let’s play this out. Knowing what we know about Tacticians and Strategists, we can easily see that the Fannie-Freddie plug was pulled last year to help get Obama and other Tacticians elected. The result was a tanking of the economy, which many Strategists capitalized on, George Soros among them. Now the Strategists are falsely inflating the economy to increase the value of their positions (pumping up the market) and are waiting for the optimal time to pull the plug on the economy by dumping their stocks. A massive dumping of stocks by major investment firms such as Soros Fund Management will trigger a massive sell-off in the market. And when we say “massive” we mean a drop so far and so fast that the slide of the 2008-2009 will seem like skiing down the bunny slope instead of the double-diamond. In the end, most people will be broke, retirement accounts will be empty, businesses will go out of business, and the only people left with money will be George Soros and his friends. This money will then flow through his many associations and by proxy into and out of the US Government. Talk about “the power behind the throne”! Soros will have the ability to do pretty much whatever he wants, and make no mistake about it: his goal is to remake the United States — and the whole world — into a society as he believes it should be. Is he the “puppet master” pulling all the strings? Look at the background of the man and who he’s connected to and you be the judge. We just know that there are a lot of strings and they all connect to him.
So the big question is “When will this happen?” We can’t say for certain, but you can bet it will be strategically-planned and timed to coincide with the advancement of the overarching agenda. We’re not financial advisors, but let’s say that we’ve taken steps in our own IRAs to “cover our assets”. We’re willing to bet that “pulling the plug” on the pump-and-dump will happen right when the Strategists feel that it will help advance either government healthcare or environmental legislation. And we’re willing to bet it will happen sooner rather than later.