White Smoke and Mirros: Jesuit Pope, Dow Record

Wow.  The mass media are really beating the drum trying to get people into the markets.  (See here, here, and here.)  That must mean it will pop within less than a year.  Visit CNBC or Bloomberg if you need more hyped up non sense to get you to put your hard earned money into the stock market, or if you need more persuading to buy that bigger home.  They can't even give you a quantitative comparison of the Dow vs. the S&P500.  Look how closely they track

Well, let's look into this a bit.

We know the Federal Reserve is buying almost all the US debt, sometimes even before it hits the market.  Why? Because the rest of the world isn't drinking from the same BS laden coolaid anymore and because they want to CONTROL the US government.  Imagine if the US Congress said "We want to audit the Federal Reserve".  The Fed can say behind closed doors, "Push this any further and we will stop buying your bonds and the whole economy will crash."

The Federal Reserve is also buying over $40 billion dollars a month in mortgage backed securities, bailing out the primary dealers that make up its secret charter members.

Look forward to more boom bust and bailouts over the coming months as gas prices rise, which is always an early indicator of bubble popping.