Last night B.Wms repeated exactly what McCain said in an attack ad which NBC aired, naturally. In the attack ad McCain mentioned the price of Obama's fundraiser dinner. (No mention of how Republicans have been holding these things privately for years, and barring the press. During his tenure Bush travelled regularly without the media to these events) So WMS ran the attack ad and then repeated the punchline, verbatim, as a lead in to a feature on that fundraiser.

That's your Liberal Media for you....

Since the markets went to Street name accounts, the individual can buy and sell stocks without registering the certificates. When you buy shares of XYZ you are buying the brokerage houses pool of assets. They may or may not actually purchase those shares. If you're familar with the way a bookmaker operates you understand the business principle, bookmakers take some of the risk, (in point of fact the big brokers are often selling the very stock they are telling you to buy, and there were was a minor scandal around Jim Cramer, Maria Bartiroma, and Microsoft stock, which involved her role as CNBC commentator, hyping the rally in the morning, so he could see into that rally, and day trade MSFT his hedge fund. Most of the brain trust on theStreetdotcome bailed out on him over the flap.)

Now if you can buy on margin on the way up, without delivering the shares, why in the hell can't you do the same thing on the way down?

Of course they want you to short the bull market so they can make money, and they want to take away the shorts in a bear market, when you can make money shorting stocks.

The difference between the stock market and the racetrack is that the racetrack will give you a fair shake for your money. The stock market is all about herd behavior, political favors, and furthering corrupt business practises which reward the company for their business practise and not their products or service.

I wonder how long it will be before they confiscate gold, like FDR did in the 30's. You can be certain that after this event passes a number of countries will go to a gold standard, small countries probably, but those countries currencies will proper, and the US will probably try to reinvent fiat currency, but short of using the political muscle, the IMF, World Bank, and military force, they will be unable, or delayed for years, in bringing about a new fiat currency that will compete with gold backed money.

NBC lead off both campaign segments tonight with McCain. First over usually wins the race, have you heard? Brian Williams is officially the Neo-Nazi head of Propaganda, because no one listens to Katy Couric. Olberman does sports, get it?

So today the fraudulent sell-off led to the fraudulent rally, but that's the way it's been for a few years now. The government didn't just buy the stock market, they just took over the CEO position.

Now McCain should keep continue to promise no new taxes, even if he has to say read my lips. You see 85 billion in new taxes doesn't mean shit if you have the tax loopholes, or some GODDAM OFFSHORE BANK ACCOUNT.

My advice to Democrats, is to build a big boat, fill it with MARINES and IRS agents, and sail south until you land on the shores of these Caribbean islands, then bust your way in to those banks, get your computer guy working and open their books, and if the clients can't prove where they made that money, (or they made it off an MIC contract) throw the mothers in Guantanmo, waterboard them, and do anything you like.

Maybe you'll catch a Bush or two.

http://www.321gold.com/editorials/schiff/schiff091808.html

Although it sounds vaguely like the Cheney 1% doctrine, that is if there is even a 1% chance of a terrorist attack, we should take preemptive action. All bailouts all the time.

The pattern of these things is more upsetting than the events, the Bush Financial Cabal alway comes in the week of options expiration, they spread rumors about banning short sales, announce bailouts or buyouts, (In this case they confiscated a company that was not in bankruptcy, without any Constitutional authority) and then they use the PPT (Plunge Protection Team) to put a floor under Fed futures, after the table is set.

If they are using Fed Funds to manipulate the market, where are their profits derived, and where do they end up? How do they sqaure the books, oh that's right there are no books, in Financial Fascist Land.

Is the government in the market, using its power to beat stock market traders in a free market game? That's a little like having the President put in a call to the NBA referee's, asking them to let his team win, and then making a huge personal bet on the outcome, and only slightly less far fetched by the way. Is Paulson working for his old company GS? Any conflict of interest there? NOt like Cheney and Halliburtion I suppose.

Listen these people just ripped off the taxpayers, the shareholders of several corporations. Where did the profits from todays rally go?