Japan suffers and Wall Street pumps up the stock market

[howaboutme]

The worlds second/third largest economy suffers a huge blow from Mother Nature, yet the hedge fund guys, greed mongers and mini-Madoffs that make a career out of pumping and dumping the NYSE and NASDAQ were able to pump up the market on Friday.

The stock market has no reasonable rationale except what the bankers and Federal Reserve and QE2 can pump into it to expand the balloon.

It doesn't make sense that the economy of Japan takes a huge hit and Wall Street says come on in the water is fine. This is an example of what they do best, and sucker in the naive money while the insiders laugh.

The Republicans would like to kill the economy so they get elected, while the Democrats don't mind as long as the economy comes roaring back in 2nd half 2012.

[Imajika]

1. So should it be made a law...

..that when bad things happen somewhere in the world that people must sell their stocks until the market drops sufficiently to satisfy your conscience?

"It doesn't make sense that the economy of Japan takes a huge hit and Wall Street says come on in the water is fine."

Your mindless railing against the stock market is just plain silly.

The world is a big place and bad things happen all the time, doesn't mean the market will always drop immediately as a result.

[howaboutme]

5. How many think the market is manipulated?

It certainly has no economic rationale based upon logic. The second or now third largest economy takes a huge hit with boundless uncertainties and the market went higher Friday? Normally economic uncertainty, supply chain disruption, huge added Japan debt that could affect purchase of US debt and interest rates, would be at least a flashing yellow light --but no the market went up. The plunge protection team (collusion between Fed Reserve, Treasury, Goldman, etc) was at work manipulating so that a few could lighten up while the sheep were lulled in. These machinations are at the expense of public with added debt and dollar devaluation.

It isn't a free market, it is a manipulated market that the insiders control to their benefit. Institutional investors are forced to play but individual investors are not. Yet when the public sees gains continuing the greed takes over and they buy at the top.

[texshelters]

9. Yep, just wrote about it, and it's not an indicator of prosperity

http://texshelters.wordpress.com/2011/03/20/accepted-assumptions-that-are-wrong-a-healthy-stock-market-means-a-healthy-economy/

Peace,
Tex Shelters

[King_David]

6. I agree

[texshelters]

8. The stock market is not about value or people, it's speculation, period

http://texshelters.wordpress.com/2011/03/20/accepted-assumptions-that-are-wrong-a-healthy-stock-market-means-a-healthy-economy/

Peace,
Tex Shelters

[doc03]

2. Wall Street sees an opportunity to make money rebuilding the

damage in Japan.

[AtheistCrusader]

3. Cynical, on the face of it, but it benefits both ways.

[howaboutme]

4. Wall Street

always makes money on behalf of human misery. It's in their creed and DNA.

You need to see "Inside Job" which I just saw because a neighbor was generous enough to loan it to me. After viewing this documentary most rational people could come to the conclusion that these bastards are actually responsible for destroying the USA.....through their bribing of politicians, corrupting morals of society, creating incentives for outsourcing, distorting the real GDP with harmful fabricated financial products, money laundering, cooking books, sucking in money from pension funds and average Americans, and basically creating and promoting a culture of greed in the people that they then manipulate to their advantage.

The article "What Good is Wall Street" pretty much covers it. As a nation we'd be better off without these corrupt capital markets and the wheeler dealers that run them.

http://www.newyorker.com/reporting/2010/11/29/101129fa_fact_cassidy

[grasswire]

7. the fact that they are hoarding two trillion dollars cash...

...while America circles the drain and human misery increases every day is prima facie evidence of your thesis.