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Monday, January 25, 2010

Fed Market Rigging on Canadian TV, Biderman: Who's Buying If Not The Fed?

Here is from Canadian TV. It is not shocking that nobody wants to put Biderman on TV in the Us, definitely not the buffoons on bubble TV. This is a great 9 minutes interview with Biderman giving an inside look at how the bear market rally happened and how Goldman had such a great prop trading return. Goldman has made money using the governmetns money to manipulate the markets up. What a joke? Why even bother analyzing stocks??? It is just a joke and a Ponzi scheme of gigantic sources. It is amazing that in 401ks and IRAs people are forced to buy into the stock market Ponzi scheme. You cannot even hold cash so that you do not experience the blow up of the money market fund such as "The Reserve Fund". You are forced at least to hold money market funds even if you just want to be cash. As we have seen in the case of the Reserve Fund, money market funds are not necessarily safe. Yet, we are forced to hold these pieces of crap. What kind of BS is this????

Here is the link.

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