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dpdoor (30.51)

Illegal fix

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November 03, 2008 – Comments (2)

Bernanke said we must save the stock market. I think the government will do anything they can to save the market. If they don’t the millions of baby boomers that are depending on their 401k s will suffer and the chain reaction will cost all of us greatly. Also there are the publicly traded companies that wouldn’t exist if it weren’t for the constant flow of investors dollars. So by doing “anything they can” may mean doing some less then ethical covert maneuvers. I can see our government and possible other countries banks and governments boosting up the Dow 30 companies. Not by injecting cash which does little for the stock prices, but by actually giving contracts for orders. Orders with inflated prices. Orders for materials or products that are never used; they are either stock piled, recycled, returned or just never made except on paper. A over simplified example: the U.S. could give money to a foreign country they in turn order three billion dollars worth of aluminum that doesn’t necessarily need to be shipped in our lifetime, Alcoa shows a 10% increases in sales and receives enough money to show a great profit. Or a foreign company could contract Alcoa for an order Alcoa outsources it back to a subsidiary of that company and makes a profit; the cost of the profit actually was a gift to the foreign company from our government. Alcoa shows a sale and profit by only pushing paper. The US government is out 3 billion Alcoa’s stocks go up 8 billion. The same could be done for the other 29 Dow components and walla, the market rallies.

If the Dow goes up the other markets follow. The 401k s would be safe, the investors pump money into the system, the baby boomers buy that Winnebago, their kids get a new car and every one is happy. The government makes more in income tax and spends less in unemployment and other services.

I don’t recommend this since it is crooked and it does not fix the true problem (that people do not have the enormous equity that we had a few years ago.) But the government and the publicly trade companies are desperate.

Could they do some form of this without us knowing?

Would they do it?

Maybe they all ready are doing it.

If this sort of thing is going on then it would be better to invest in GM then Ford since GM would be more likely to have government aid.

2 Comments – Post Your Own

#1) On November 03, 2008 at 3:18 PM, lquadland10 (< 20) wrote:

Ah........ What about drug cartels funneling money through other countrys stock market to wash their drug money then buy stocks in our market with the clean money.

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#2) On November 03, 2008 at 3:55 PM, leohaas (31.60) wrote:

So, where did you get this "information?"

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