Japan PM Abe will speak today so traders pump the NIKK +1.7%
higher anticipating the delay of the sales tax hike. The Nikkei is back above
17K. The dollar/yen moves higher to 116.78 so the weaker yen sends stocks
higher. Banzai! Japan exporters trade higher on the weaker yen.
[Text is Redacted: Purchase November 2014-11 to Read the Complete Chronology]
[Text is Redacted: Purchase November 2014-11 to Read the Complete Chronology]
The Fed and other central banker easy money allows the elite
to use financial engineering to pump stocks higher rather than buy capital
equipment or hire additional workers to help put people back to work. The
bankers and other elite then pay back the Fed members for their collusion by
paying former officials such as former Chairman Bernanke huge $250K speaking
fees for a token luncheon. Fed Chair Yellen is salivating knowing that in a
couple years she will receive these obscene monetary kickbacks for her service
to the wealthy and live a life of luxury.
The country appears broken. The elite are raping the stock
market upside each day; other power brokers are taking advantage of any loophole
possible that allows for easy profits and monetary gains with little effort regardless
of whether it hurts another citizen. In respect to the disadvantaged and poor
in the US, the response by the elite is the same as Marie Antoinette’s famous
quote when she learned that the peasants had no bread, “Let them eat cake.” Compassion
is lost in America and the world.
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