Cowardice

They kept information from the public

They protected the status quo

They ignored evidence

They sealed inconvenient truths from the public

They protected the Fed and government agencies

They prevented a jury trial by peers and the presentation of reasonable belief,
that the economy became rigged in 2008-9,10, 11, 12, 13, 14, 15, 16 and in the present moment

They let Jamie Dimon etc... off the hook

They let Obama and George Jr. off the hook,
along with Janet Yellen, Ben Bernanke etc...

Oil, Oil stocks and pretend money

Usually, higher oil stocks = lower prices, 

unless central banks are printing currency to artificially inflate prices

Oil is now trending towards a lower low for 2016 than last year, 

except inventories are much, much much higher, 

while the value of oil company stocks become over, over priced

Oil is an indicator of economic growth, 

so as oil goes down as inventories rise and oil companies lose money

the world's financial markets should have fallen and didn't,

meaning central bank printing is artificially holding up stock and bond markets

to keep the population pacified, especially into November's US election

http://www.zerohedge.com/

$180 billion of fiat currency per month keeps the frogs in the pan

This is what a bubble looks like,

the expectation of profits going forward;

But the prices have been falling, 

making the above forward earning expectations crash, again;

http://www.marketwatch.com/investing/future/crude%20oil%20-%20electronic

Once off the cliff, there is still hope if you keep running

By running ever faster you may not fall

Wile E Coyote

Wednesday, July 20, 2016; Oil


http://greensboroperformingarts.blogspot.com/2016/07/oil.html

Wednesday, July 13, 2016; IEA July 13, 2016: "Gasoline Glut Could Cause Oil Price Rout"

http://greensboroperformingarts.blogspot.com/2016/07/iea-july-13-2016-gasoline-glut-could.html

Monday, July 11, 2016; What direction does oil look like it's going?

http://greensboroperformingarts.blogspot.com/2016/07/what-direction-does-oil-look-like-its.html

"By occupying the seat of defender of the least powerful while advocating policies that would harm the least powerful, senator [Elizabeth Warren] has become a danger to her own cause."

"...Her position on the Banking Committee gives her an audience with the Chair of the Federal Reserve on a regular basis. Yet she has never taken the opportunity to raise the issue of monetary inflation and its ill effects. Instead she has focused on the Fed’s decisions not to “break up big banks” or “bring bankers to trial” for various misdeeds.

Which really isn't true;

JPM CEO Jamie Dimon Securities Fraud and Insider Trading

condoned by Hillary Clinton and Elizabeth Warren

http://greensboroperformingarts.blogspot.com/2016/06/jpm-ceo-jamie-dimon-securities-fraud.html

Elizabeth Warren and Hillary Clinton 

condoned Bank of America's Brian Moynihan Insider Trading and Securities Fraud

http://greensboroperformingarts.blogspot.com/2016/06/elizabeth-warren-and-hillary-clinton.html 

Some of these misdeeds are real, but none related to what Senator Warren contends are her main concerns: wage stagnation and income inequality. Indeed, whether most deposits are held and most loans are made by 10 banks or 10,000 banks won’t change income and wealth inequality if the banks are members of a protected cartel that creates money out of thin air and loans it into the financial system. Senator Warren’s efforts in this respect use up attention and energy that could otherwise be devoted to understanding what actually causes the wage stagnation and inequality: the systematic and perpetual wage and savings devaluation, and asset price inflation, conducted by our central bank.

Janet Yellen, Ben Bernanke, Eric Holder and friends

let Wall Street off the hook and printed money to bail out the pols,

got away with it without repercussion

and people like Elizabeth Warren who says one thing in public

let them off the hook behind closed doors

We should not quarrel with Senator Warren’s stated goal of protecting the least powerful in society, but we should take issue with many of Senator Warren’s proposed strategies to achieve her stated goal — because they don’t work.

If Senator Warren wishes to achieve her stated goals, then she should re-think her policy objectives, become familiar with basic economic principles, and adjust her policy prescriptions accordingly, especially with respect to the central bank."

https://mises.org/blog/elizabeth-warren%E2%80%99s-war-poor

Quantitative Easing didn't save the economy,

it saved those who caused the problems in the first place

by manipulating financial markets and pulling future growth into the present

for the benefit of those at the top,

and now 'we' are out of ammo;

http://www.zerohedge.com/news/2016-06-17/jeff-gundlach-things-are-going-get-pretty-scary

"The Keynesians Stole The Jobs"

"Late last week the markets were shocked by a surprisingly bad May jobs report – the worst monthly report in nearly six years. The experts expected the US economy to add 160,000 jobs in May, but it turns out only 38,000 jobs were added. ...13,000 of those 38,000 were government jobs.

...there are more than 102 million people who are either unemployed or are no longer looking for work.

Which those earning money are paying for

as the 'Social' trust funds were pillaged by the Republican and Democratic establishment

'They' did it together, while making like there are two sides

...citing the weak May employment numbers, Goldman-Sachs is now predicting that there is a zero percent chance of a rate hike in June. Of course they also see this as a temporary blip in an otherwise robust economy...

Hillary Clinton and Elizabeth Warren are all in on saying the economy is fine,

parroting Goldman Sachs' bullshit

I don’t mean to rain on Goldman’s parade, but there are no miracles between now and July that will propel the economy to where according to their terms a rate hike would be appropriate.

More QE would get the markets going up again,

but it wouldn't make it any more real than the current global facade

QE doesn't increase real economic growth, 

QE just keeps those in power, in power and the status quo calm

...The culprit is an economic philosophy shared by both Republicans and Democrats for many decades. It is a belief in the fantasy of effective central economic planning by the Federal Reserve.

Some of Hillary's Goldman Sachs take, 

which Elizabeth Warren is now just fine with

in a betrayal of Beth's supporters;

6/4/2013, The Goldman Sachs Group, Palmetto Bluffs, SC: $225,000

10/24/2013, The Goldman Sachs Group, New York, NY: $225,000

10/29/2013, The Goldman Sachs Group, Tuscon, Ariz.: $225,000

http://nypost.com/2016/05/22/how-corporate-america-bought-hillary-clinton-for-21m/

It is a belief that a central bank can determine better than the free market what interest rates should be. This belief results in mal-investment, spiraling debt, distorted markets, inflation, bubbles, and finally economic depression.

Which we are headed into, only after the can has been kicked to death

by the world's repeated central bank interventions

corporate share buybacks with borrowed money and massive global debt increases

...While the “experts” have talked about our “economic recovery” since the crash of 2008, I happen to believe we have been in a recession or even a depression for the past eight years. The government manipulates the statistics to hide how bad the economy really is, until finally a bit of the truth leaks out and everyone seems surprised.

What did Donald Trump say about May's employment report 

described as "Weak, Sour, Soft, Disappointing, Fell Sharply, Far Short,

Sharp Fall, Just 38,000, Stalls, Bombshell etc..."

The people sense something is wrong but many don’t fully understand what it is.

Did Trump, Warren or Hillary admit 

a goodly chunk of government statistics used to pacify the populace

are manipulated to support social stability and economic stagnation

as opposed to favoring letting markets held up on monetary heroin 

find thier own way?

Did Donald say the markets are rigged as much as our political process

They have been told that more government spending will stimulate the economy and bring back jobs, and that more tinkering with interest rates will finally produce ideal economic conditions.

...What we are seeing is an epic failure of the Keynesians who have tricked so many people into believing that economic interventionism can create a perfect economy. They have mismanaged the economy and I am afraid the worst is yet to come...

http://ronpaulinstitute.org/archives/featured-articles/2016/june/06/the-keynesians-stole-the-jobs/
.
.
We are being lied to; According to the NC Commerce Department, there were 5,845 layoffs announced through all of 2015, but 7,453 through May, 2016

http://greensboroperformingarts.blogspot.com/2016/06/we-are-being-lied-to-according-to-nc.html

Once again Triangle Business Journal Staff Writer Lauren K. Ohnesorge misleads readers and the public on North Carolina layoff statistics

http://greensboroperformingarts.blogspot.com/2016/06/once-again-triangle-business-journal.html

"The -4.8 print was considerably worse than the -0.8 expectation"; Dow Jones near highs = Rigged Financial markets and links

http://greensboroperformingarts.blogspot.com/2016/06/the-48-print-was-considerably-worse.html

"Where Will You Be When the End Game Begins?"; The End Game Already Began Somewhere around the Tech Bubble burst of 1999 and 2000
http://greensboroperformingarts.blogspot.com/2016/06/where-will-you-be-when-end-game-begins.html

Ready for the Federal Reserve to come to the 'rescue', again?

If a nation prints more money,
like cutting a 16 inch pizza into 16 slices instead of 8,
is each slice worth less?

Nations are not ruined by one act of violence

but quite often, gradually, and almost imperceptibly

by the depreciation of their currency through excessive quantity

Nicolas Copernicus

Discovered Earth was not the center of the Universe

If Nathaniel Rothschild accumulated gold
essential for supporting an army upon Napoleon’s return
in anticipation of an extensive military conflict
and rapidly increasing government borrowing
and profitably exchanged relatively high priced gold
for lower cost debt
in anticipation of sovereign debt stability
upon Napoleon’s defeat by Britain's Wellington at Waterloo in 1815,
could current circumstances reflect something like the same thing
only opposite?

If Germany’s central bank suspended the right

to redeem gold backed Reichsmarks during World War I

and 170 Reichsmarks bought an ounce of gold in January 1919

why did an ounce of gold cost 87,000,000,000,000 Reichsmarks

in November 1923?

"Now in modern markets
it is striking that exactly the reverse…applies

Governments all over the world
are about to flood the bond markets with paper
to finance their bank bailouts and economic stimulus plans...

…governments are about to need to raise the funds
to fight another Napoleon

This massive new supply of [electronically 'printed' money]
[could]depress the price of existing bonds

…governments all over the world
have embarked on massive money creation"

Peter Cooper
Seeking Alpha
(Hat tip for the Rothchild metaphor)

What if the pizza shrinks 

while the number of slices rise?