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"Fed To The Rescue" - The Plunge Protection Team Makes The Front Page

Tyler Durden's picture




 

In October it was Jim Bullard's "QE4" hint that sent the stock market on an all-time record-breaking run of gains, which no lesser institution than the central banker's central bank - The BIS - lamented "the markets' buoyancy hinges on central banks' every word and deed." And then just two days ago, The Fed did it again: by the mere appearance of grandma Yellen (and the words "patient" and "considerable"), US stocks explode to their greatest back-to-back gains in almost six years. So it is perhaps ironic that no more mainstream media publication than USA Today has finally realised, there are no fundamentals anymore...

 

h/t @Not_Jim_Cramer

Meanwhile, even the BIS is scratching its head at the clear, overt and tangible intrevention by the US central bank to avoid a stock market crash at all costs:

Once again, on the heels of the turbulence, major central banks made soothing statements, suggesting that they might delay normalisation in light of evolving macroeconomic conditions.

 

Recent events, if anything, have highlighted once more the degree to which markets are relying on central banks: the markets' buoyancy hinges on central banks' every word and deed

Welcome, mainstream, to the new normal.

 

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Fri, 12/19/2014 - 10:28 | 5572243 vmromk
vmromk's picture

FUCK THE FED.

Fri, 12/19/2014 - 10:31 | 5572252 Oracle 911
Oracle 911's picture

... with a horse sized spiked dildo without lube. At least they will get how everybody from the 99% feels.

Fri, 12/19/2014 - 10:33 | 5572255 Jeff the Terrible
Jeff the Terrible's picture

Once again, on the heels of the turbulence, major central banks made soothing statements

If a homeless guy loses a dollar

 

http://y2u.be/VI6tBwVjyOY

Fri, 12/19/2014 - 10:33 | 5572260 Gaius Frakkin' ...
Gaius Frakkin' Baltar's picture

You know they're scared out of their fucking minds. Only someone scared out of their fucking mind wouldn't realize that a token raise is needed to keep the fragile lie of a recovery alive.

Fri, 12/19/2014 - 10:38 | 5572280 GetZeeGold
GetZeeGold's picture

 

 

The Fed isn't taking orders from the BIS anymore.....is this a mutiny?

Fri, 12/19/2014 - 10:43 | 5572285 Divided States ...
Divided States of America's picture

It gives me soothing confidence that the strength of the equity markets is based on the verbal actions of a bunch of conniving untrustworthy greedy thieves with no moral standards.

Fri, 12/19/2014 - 10:56 | 5572324 philipat
philipat's picture

The whole system is programmed to respond like "Pavlov's dog". It will end when The CB's own 100% of all Bonds and Equities? I wonder where we go then. Comrade?

PS. Where are the Shills and Trolls (Ghardius and Urban Redneck) when the topic is not directly PM's?

Fri, 12/19/2014 - 11:03 | 5572376 Divided States ...
Divided States of America's picture

Fuckerlakota is making headlines again...guess hes taken the baton from Bulltard to ramp up the markets.

Fri, 12/19/2014 - 11:14 | 5572432 winchester
winchester's picture

So you wanna be a player?

But your wheels ain't fly?

You gotta hit us son

To get a pimped out ride

You gotta pimp my ride

Damn Right

Fri, 12/19/2014 - 11:17 | 5572445 Stackers
Stackers's picture

USA Today are such dickheads

Fri, 12/19/2014 - 16:07 | 5573810 tc06rtw
tc06rtw's picture

The  “mind-twisting”est  part of this whole thing is that the Fed  REALLY BELIEVES they're not evil — that what they’re doing is to prevent things from getting out of control !

Fri, 12/19/2014 - 11:05 | 5572388 Galactic Superwave
Galactic Superwave's picture

It might end differently than most suspect. Given the extreme leverage/correlation between the markets and the Fed, ISIS/Al qaeda,  bombing the Fed Reserve and simultaneously the NY, SF, and StL Fed's could collapse the US markets. I bet they may be thinking about that possibility.

Fri, 12/19/2014 - 11:40 | 5572545 pods
pods's picture

That would be treason, and the Langley boys take an oath!

pods

Fri, 12/19/2014 - 11:47 | 5572573 Consuelo
Consuelo's picture

Rock on Jim Willie -

 

 

Fri, 12/19/2014 - 12:30 | 5572747 LooseLee
LooseLee's picture

Close, but no cigar, phillpat. The CB's will be hanging from lamposts all over the world before they own all of the bonds & equities. Count on it.

Fri, 12/19/2014 - 12:48 | 5572835 angel_of_joy
angel_of_joy's picture

... the equity markets is based on the verbal actions of a bunch of conniving untrustworthy greedy thieves.

They did way more than that, this time. There were some impressing moves in the futures market yesterday... lost and LOTS of calls bought. Guess who was the buyer. Speaking of which, back in the good old times of the first cold war, the economy of the former USSR used to be controlled by the State Planning Committee (or GOSPLAN). Our FED has become nothing more than an American version of the soviet GOSPLAN. At least some of us still remember how things ended for the ruskies, back then. Care a guess about our "end game" ?


Fri, 12/19/2014 - 10:44 | 5572298 Oldwood
Oldwood's picture

And do we believe that the Fed's actions were limited to only words? How much buying can take place through their proxies? Algos need little more than a tickle to get started and even less to keep going. Specific buys on known shorts and a little buy here and a little buy there.

Fri, 12/19/2014 - 10:47 | 5572307 NoDebt
NoDebt's picture

What is news to me about this article:  I didn't know USA Today was still in business.  

I wouldn't worry about the BIS commenting contrary while central banks promise never ending support.  The BIS is not on the front lines of central bank warfare.  They're the "cheap seats" where it's easy to comment with few repercussions.  The BIS may "lament" but they're not the ones staring straight into the jaws of the biggest liquidity trap in human history.

Fri, 12/19/2014 - 10:48 | 5572316 McCormick No. 9
McCormick No. 9's picture

Why is this news at all? It's like the NYT saying, "The Sun Came UP Today, and We Saw It Rise!" It's not as if the MSM doesn;t excel at studiously missing important stories. This is bullshit, and it signifies nothing.

Fri, 12/19/2014 - 10:55 | 5572337 Au Member
Au Member's picture

This is smoke and mirrors bullshit to distract the public from the de-industrialisation of America that's been going on for decades. I'm starting to think the controllers of the Fed and all the CB's know exactly what they are doing by fucking the world economies slowly enough to not create public uprisings. They are feigning stupidity and fuckwittery but behind the buffoonery is a cold caclulated effort to stop us all achieving the  economic freedoms that advances in technology should bring about for all of humanity.

Fri, 12/19/2014 - 10:59 | 5572354 JRobby
JRobby's picture

Sounds right to me.

Fri, 12/19/2014 - 12:19 | 5572703 BurningFuld
BurningFuld's picture

Never trust someone with a curvy penis I say.

Fri, 12/19/2014 - 14:49 | 5573447 Harry Balzak
Harry Balzak's picture

What makes this interesting is market manipulation news has permeated the media to the point where even the retards (USA Today) are picking it up, where previously they wouldn't acknowledge it was going on (because they didn't know?  Shills of the administration?  whatever...).   

Fri, 12/19/2014 - 11:01 | 5572375 NoDebt
NoDebt's picture

I'll drink to that.

Fri, 12/19/2014 - 11:13 | 5572431 LawsofPhysics
LawsofPhysics's picture

Stop using their bullshit paper promises and the Fed loses all of it's power over you.

 

Is what it is (and this is exactly what the rest of the world is now doing, albeit too fucking slowly...).

Fri, 12/19/2014 - 11:03 | 5572373 philipat
philipat's picture

 

"I didn't know USA Today was still in business." 

I understand that most, if not all, of their "Readers" are hotel guests in The US. I always get it but never read it. It's kind of the "Junk" print equivalent of CNN and CNBS.

With any luck, eventually, all of them will go BK and we can the all read/view less propoganda?

Fri, 12/19/2014 - 14:52 | 5573460 Harry Balzak
Harry Balzak's picture

It's good to have handy if the roll runs out. 

Fri, 12/19/2014 - 10:36 | 5572269 sodbuster
sodbuster's picture

Just saw a headline- "Wall Street set open flat after a two-day run"  OMG! NO! Please help us Fed!!! Get to work Kevin Henry!!!

Fri, 12/19/2014 - 11:30 | 5572506 lasvegaspersona
lasvegaspersona's picture

attention shoppers!

jEFF THE TERRIBLE IS JUST A VEGAN TROLL. We don't get many of those so lets give Jeffy a big meatball sandwich.

Fri, 12/19/2014 - 10:34 | 5572261 fzrkid
fzrkid's picture

If you do a good job fahking auntie yellen you may be able to get some of those freshly printed Benjamins..

 

Is that what you meant when you said "fuck the fed?"

Fri, 12/19/2014 - 10:40 | 5572286 Truther
Truther's picture

One more time.... FUCK THE FED

Fri, 12/19/2014 - 11:09 | 5572416 ZH Snob
ZH Snob's picture

the sleeping muppets deserve a hint from one of their trusted media sources.  just a hint.

Fri, 12/19/2014 - 12:53 | 5572854 PT
PT's picture

Maybe they're hoping to regain some lost readership by telling the truth.  Too late.  That ship has already left port.

Fri, 12/19/2014 - 12:09 | 5572664 glenlloyd
glenlloyd's picture

yes, and as they said, "word and deed."

Fri, 12/19/2014 - 12:26 | 5572731 Eurodollar
Eurodollar's picture

I think we should have a formal funeral ceremony for the fundamentals.

Fri, 12/19/2014 - 10:30 | 5572245 JRobby
JRobby's picture

USA Today off the reservation!?!?

Nah! It's all part of the "conditioning". The FED is GOOD, The FED is YOUR FRIEND! Chant with me now!

Fri, 12/19/2014 - 10:41 | 5572282 SteveGennisonBa...
SteveGennisonBallWasher's picture

Satan is good.  Satan is your friend.

Fri, 12/19/2014 - 10:32 | 5572248 hedgeless_horseman
hedgeless_horseman's picture

 

 

Stock markets will never go down!

Let's borrow money and buy stocks!

Everyone else is doing it!

Fri, 12/19/2014 - 10:32 | 5572256 pods
pods's picture

I smell a Festivus miracle!

pods

Fri, 12/19/2014 - 11:12 | 5572264 hedgeless_horseman
hedgeless_horseman's picture

 

 

 

"You see, our predecessors understood that government could not, and
should not, solve every problem.  They understood that there are
instances when the gains in security from government action are not
worth the added constraints on our freedom.  But they also understood
that the danger of too much government is matched by the perils of too
little; that without the leavening hand of wise policy, markets can
crash
, monopolies can stifle competition, the vulnerable can be
exploited.  And they knew that when any government measure, no matter
how carefully crafted or beneficial, is subject to scorn; when any
efforts to help people in need are attacked as un-American; when facts
and reason are thrown overboard and only timidity passes for wisdom, and
we can no longer even engage in a civil conversation with each other
over the things that truly matter -- that at that point we don't merely
lose our capacity to solve big challenges.  We lose something essential
about ourselves."

 

Barack Hussein Obama, Leader of the "Free" World (if not so much free markets),

September 9, 2009

All praise His leavening hands of wise policy!

All praise Our Glorious Leader, who brings manna down from The Fed!

We are like sheep, and He is our benevolent shepherd!

Our front pages and TVs overflow with good tidings and riches for all that believe!

Fear not the added constraints on our freedom...embrace them one and all!

Give thanks and praise...His rule without end (to the bull market).

Amen.

Fri, 12/19/2014 - 11:27 | 5572493 Jstanley011
Jstanley011's picture

Oh king, live forever.

Fri, 12/19/2014 - 12:06 | 5572656 IndyPat
IndyPat's picture

After all....per Drudge link yesterday as stated by Camacho."in his soul, he's a Jew"

Fri, 12/19/2014 - 11:28 | 5572497 shovelhead
shovelhead's picture

Thems ain't no levening hands, son...

That's stinks like a runaway yeast infection.

Fri, 12/19/2014 - 12:01 | 5572631 quasimodo
quasimodo's picture

So he got a yeast infection from another guy?

 

Fri, 12/19/2014 - 11:40 | 5572537 The Merovingian
The Merovingian's picture

We unleavened some folks.

Fri, 12/19/2014 - 11:45 | 5572559 LikeyMikey
LikeyMikey's picture

Praise our Lord and Savior Barrack H. Obama...

Praise be to thee

Praise be to thee

Praise be to thee

Fri, 12/19/2014 - 11:49 | 5572576 lakecity55
lakecity55's picture

A demon manifesting itself in human form...

Fri, 12/19/2014 - 10:31 | 5572251 pods
pods's picture

That looks like a normal "market."

More like a drunk swerving down the road.

pods

Fri, 12/19/2014 - 10:43 | 5572292 JR
JR's picture

You can’t have a market that is not allowed to correct. It’s like an earthquake fault – the pressure eventually will build and end in a huge explosion.

Fri, 12/19/2014 - 10:32 | 5572254 Al Huxley
Al Huxley's picture

'Our owners are kind and beneficent.  We must praise our owners and pay homage.  Bow before Auntie Janet, and praise her good works, for she is a just master.'

 

Just getting everybody prepped.

Fri, 12/19/2014 - 10:51 | 5572320 JRobby
JRobby's picture

Janet is a tool of the oligarchs

The FED is not government. The FED is owned and operated by the oligarchs

None of this is good for anyone but the oligarchs

 

The FED's stated mission is to control inflation but it does exactly the opposite.

WHO DOES ASSET INFLATION MOST SERVE? THE SAME GROUP THAT DEFLATION MOST DIS-SERVES.

Fri, 12/19/2014 - 12:36 | 5572783 LooseLee
LooseLee's picture

Agreed. And that is why deflation will consume the Fed and the CB's. After that, unless there is a systemic change to the monetary system (e.g. some type of real-asset backed reserve currency), I suspect it will be wild inflation...

Fri, 12/19/2014 - 10:33 | 5572259 Irishcyclist
Irishcyclist's picture

Yellen is the Nurse Ratchet of the FED's ER.

Fri, 12/19/2014 - 11:47 | 5572571 gmak
gmak's picture

Yellen is the Nurse Ratchet of the FED's asylum.  

 

There, fixed it for you.

Fri, 12/19/2014 - 10:34 | 5572265 alexmark2013
alexmark2013's picture
INFLECTION POINT: UNPRECEDENTED FEAR AS EVERYTHING FALLS APART — Andy Hoffman  http://investmentwatchblog.com/inflection-point-unprecedented-fear-as-everything-falls-apart-andy-hoffman/
Fri, 12/19/2014 - 10:37 | 5572270 SickDollar
SickDollar's picture

More like the MSM finally is doing a little bit of thinking and not just reading a script (this was just a one time thing)

Did anyone see how Putin lasted almost 3 hrs without a teleprompter , I dare Obozo to do the same

 

 

 

It's a big Club and you ain't in it  Bitchez

 

Fri, 12/19/2014 - 11:45 | 5572567 lakecity55
lakecity55's picture

He could not last 3 hours w/o needing moar drugs, let alone speak contemporaneously.

Bath House all by himself is the best example of a Hollow America.

Fri, 12/19/2014 - 10:38 | 5572274 Dr. Engali
Dr. Engali's picture

This is why there will never be an exit from this mess and the only "solution"will be for all "assets"to be vaporized after some false flag event.

Fri, 12/19/2014 - 10:44 | 5572301 semperfi
semperfi's picture

a series of false flag events - how far back shall we go? - 9/11 is a good reference point

Fri, 12/19/2014 - 10:58 | 5572358 SickDollar
SickDollar's picture

you nailed it Doc

the dollar is on a time limit , we all know that and it is very obvious for those that do research

 

 


it's a big Club and you ain't in it Bitchez

 

 

Fri, 12/19/2014 - 11:00 | 5572363 holdbuysell
holdbuysell's picture

Siren's Song.

Fri, 12/19/2014 - 11:38 | 5572533 Baldrick
Baldrick's picture

"but, but, the pensions ... I was promised!"

Fri, 12/19/2014 - 11:47 | 5572572 Government need...
Government needs you to pay taxes's picture

Agree, the current central bank-fuelled hopium effort is pure deck-chair rearrangement. . . circa 10 minutes after the brush with the iceberg.  Your future scenario is plausible if the central banks lose the sheeple's confidence.  I would probability-weight this lower than the central bank/governments ability to pull off their next scam/fraud, the global goverment with a single currency.  

Fri, 12/19/2014 - 10:37 | 5572277 Rainman
Rainman's picture

Only 7 trading days remain to book the year-end 2/20 ! Happy Hanukahahaha !

Fri, 12/19/2014 - 10:40 | 5572281 Al Huxley
Al Huxley's picture

Everybody, look!  It's a rare opportunity to buy at the open!  Buy now and you'll be able to get almost all 420 points at the end of the day!  HURRRRY!

Fri, 12/19/2014 - 10:41 | 5572288 Racer
Racer's picture

Why on Earth do we still need interest rates at emergency low levels YEARS after the crisis!

 

Fri, 12/19/2014 - 10:45 | 5572303 Dr. Engali
Dr. Engali's picture

Because the crisis never ended. 

Fri, 12/19/2014 - 11:21 | 5572461 CharlieMike
CharlieMike's picture

How can you take advantage of a crisis if there isn't one.

Fri, 12/19/2014 - 10:45 | 5572306 1stepcloser
1stepcloser's picture

cause everything blows up at normalized rates...  

Fri, 12/19/2014 - 10:52 | 5572327 i_call_you_my_base
i_call_you_my_base's picture

Never-ending war, never-ending financial crisis. That is how you can do anything at any time.

Fri, 12/19/2014 - 10:58 | 5572360 A_latvian
A_latvian's picture

Add the criminilization of every day life (so you can selectively enforce the law on your political enemies), and you've just summed up modern day America.  Yay progress!

Fri, 12/19/2014 - 11:30 | 5572509 shovelhead
shovelhead's picture

We don't need em...they do.

Forever.

Fri, 12/19/2014 - 12:40 | 5572795 LooseLee
LooseLee's picture

Good question. Too bad all of the so-called 'journalists' don't have the COURAGE to call the Fed out on this in one of their public Q&A's. Make note of this so the right people are held accountable when the time comes...

Fri, 12/19/2014 - 10:43 | 5572290 semperfi
semperfi's picture

central planning - price controls - capital controls - USSRA!

Fri, 12/19/2014 - 10:52 | 5572326 JR
JR's picture

The world’s central banks, led by the Fed, are covering the world not with money but with valueless paper. Currency problems such as in Nigeria and Belarus, America and Russia, are paper problems.

It turns out paper has no value. Paper has the value that these crooks say it does and their word is no better than their paper. They are lying, cheating and stealing; and then they tell us what their paper is worth. Why would we build our lives, fortunes and nations on their word, or their paper?

The Fed cartel is controlling America’s labor storage and labor exchange by fraud, “the greatest fraud in man’s history.”

In God We Trust turned out to be more reliable than In Central Banks We Trust.

Fri, 12/19/2014 - 11:25 | 5572490 hedgeless_horseman
hedgeless_horseman's picture

 

 

They aren't using valueless paper anymore.

They are using electronic zeros.

Feel better?

Fri, 12/19/2014 - 12:04 | 5572639 quasimodo
quasimodo's picture

Yes I do feel better, at least they care enough for the trees by not printing all that paper. 

Fri, 12/19/2014 - 12:12 | 5572669 JR
JR's picture

Hi, HH. Feels great. Maybe I can sleep better after getting soaked. Zeros are so much more bubbable, so much more inflatable. So much more transcendental. Never mind that liberty had to take a bath…

As Ron Paul said in October 2003:” I am sticking to my prediction that within a few years the national debt will increase over $1 trillion in one year… I don’t see any way we are going to avoid the crisis.”  Hey, it only took 205 years.

Fri, 12/19/2014 - 10:45 | 5572304 Snoopy the Economist
Snoopy the Economist's picture

It wasn't just yellen's comments - it had to be accompanied with a few billion to prime the market. Because if she spoke and nothing happened...then that would be unacceptable.

Fri, 12/19/2014 - 10:47 | 5572309 SillyWabbits
SillyWabbits's picture

I was looking through history for a democracy which ended well.  Still looking.

I was looking through history for an independent central bank controlled fiat currency which ended well.  Still looking.

I was looking through history for a service economy which ended well.  Still looking.

I was looking through history for a financialized economy which ended well.  Still looking.

I’m looking for signs things will be different this time.  Still looking!

Fri, 12/19/2014 - 11:24 | 5572485 JR
JR's picture

If you look through history you will find a system that worked. It was the Founders’ republic, America, now temporarily being dismantled by the international banking cartel. In spite of the Google search engine’s massive deception on moral America, three American presidents quoted Alexis de Tocqueville that...

“America is great because America is good. If America ever ceases to be good, America will cease to be great.”

De Tocqueville was the famous 19th century French statesman, historian and social philosopher who traveled to America in the 1830s to discover the reasons for the incredible success of this new nation. He published his observations in his classic two-volume work, Democracy in America. He was especially impressed by America's religious character. Here are some startling excerpts from de Tocqueville's great work of why America was great:

Upon my arrival in the United States the religious aspect of the country was the first thing that struck my attention; and the longer I stayed there, the more I perceived the great political consequences resulting from this new state of things.

In France I had almost always seen the spirit of religion and the spirit of freedom marching in opposite directions. But in America I found they were intimately united and that they reigned in common over the same country.

Religion in America...must be regarded as the foremost of the political institutions of that country; for if it does not impart a taste for freedom, it facilitates the use of it. Indeed, it is in this same point of view that the inhabitants of the United States themselves look upon religious belief.

I do not know whether all Americans have a sincere faith in their religion -- for who can search the human heart? But I am certain that they hold it to be indispensable to the maintenance of republican institutions. This opinion is not peculiar to a class of citizens or a party, but it belongs to the whole nation and to every rank of society.

In the United States, the sovereign authority is religious...there is no country in the world where the Christian religion retains a greater influence over the souls of men than in America, and there can be no greater proof of its utility and of its conformity to human nature than that its influence is powerfully felt over the most enlightened and free nation of the earth.

In the United States, the influence of religion is not confined to the manners, but it extends to the intelligence of the people...

Christianity, therefore, reigns without obstacle, by universal consent...

I sought for the key to the greatness and genius of America in her harbors...; in her fertile fields and boundless forests; in her rich mines and vast world commerce; in her public school system and institutions of learning. I sought for it in her democratic Congress and in her matchless Constitution.

Not until I went into the churches of America and heard her pulpits flame with righteousness did I understand the secret of her genius and power.

America is great because America is good, and if America ever ceases to be good, America will cease to be great.

The safeguard of morality is religion, and morality is the best security of law as well as the surest pledge of freedom.

The Americans combine the notions of Christianity and of liberty so intimately in their minds, that it is impossible to make them conceive the one without the other.

Christianity is the companion of liberty in all its conflicts -- the cradle of its infancy, and the divine source of its claims.

http://www.leaderu.com/orgs/cdf/onug/detocq.html

Fri, 12/19/2014 - 11:43 | 5572548 lakecity55
lakecity55's picture

That is why it is now being placed under relentless attack.

Our rejection of the moral/faith principle has placed us under Judgement with corrupt and evil presidents, politicians, and humanists who place man's value as no more than a slab of meat.

Fri, 12/19/2014 - 12:07 | 5572660 Oldwood
Oldwood's picture

Common sense morals have been replaced with infinite laws for which a huge industry of parsers has grown. The meaning, the intent of those laws meant to reinforce the morals that sustain a society have been reduced to technicalities to be manipulated for personal gain and agenda advancement. The excesses of religion and capitalism are being used to destroy them, while the excesses of government are used to expand their powers even more. We are in a war for our liberty, every bit as much as the founders. How will we respond?

Fri, 12/19/2014 - 10:48 | 5572313 lunaticfringe
lunaticfringe's picture

Not seeing this is anything new. ZH readers know that the only policy they have left is talk. One day, people will get tired of hearing that shit ad infinitum.

Fri, 12/19/2014 - 10:49 | 5572317 Fix It Again Timmy
Fix It Again Timmy's picture

What it takes to be the Chairman of the Fed - "take one hockey puck-sized tab of acid, hourly...."

Fri, 12/19/2014 - 11:04 | 5572323 Colonel Klink
Colonel Klink's picture

3...2...1... before Obama appoints a financial news czar to squash negative stories, AKA the truth.

Fri, 12/19/2014 - 11:06 | 5572391 chunga
chunga's picture

Where did that asshole Klaine go to? That motherfucker just disappeared and took the ebola epidemic with him!

It's like none of that ever happened.

 

Fri, 12/19/2014 - 11:11 | 5572422 Colonel Klink
Colonel Klink's picture

I'm sure legal threats, coercion, or "Hastings" events were involved.

Klaine, you mean the tribe member hired to convince the other tribal run news organizations to squash stories about Ebola, that Klaine?

Fri, 12/19/2014 - 11:34 | 5572515 chunga
chunga's picture

Being politically correct makes me feel good about myself, so I'll make believe I never made any connection.

Frieden you magnificent bastard!

Fri, 12/19/2014 - 11:38 | 5572536 Colonel Klink
Colonel Klink's picture

I never made the connection until 2008 when I started researching the Central banks and Wall street connection.  Then my eyes flapped open like a blind pulled and released quickly.

Fri, 12/19/2014 - 12:09 | 5572665 Oldwood
Oldwood's picture

Maintaining the illusion is our only chance at survival...right?

Fri, 12/19/2014 - 10:51 | 5572329 Fun Facts
Fun Facts's picture

ZWO protocol #20 Replace sound investment with speculation

Fri, 12/19/2014 - 10:56 | 5572349 A_latvian
A_latvian's picture

I think the biggest problem -- apart from wealth confiscation and generational theft, of course -- is that the market now sits on a razor-thin knife edge. If The Herd decides that the Fed will no longer support the market, it WILL lose 50%. That can happen in 1 or 2 days. And then the cycle will repeat...

Fri, 12/19/2014 - 10:57 | 5572352 vegas
vegas's picture

Nobody knows what the "fun-durr-mentals" are; you might think you know, but inevitably you have no idea what they all are or what percentage they influence prices. To suggest the premise that there is a "consensus" from which prices have to revolve around is pure stupidity followed very closely by hubris. Momentum via volatility is the only consistent way to make money trading.

www.traderzoo.mobi

Fri, 12/19/2014 - 10:58 | 5572356 yogibear
yogibear's picture

Jim Rickards says 15 months between QEs.

Expect QE 4. It's a given. 

The Federal Reserve will print until the US dollar dies.

Fri, 12/19/2014 - 12:50 | 5572849 LooseLee
LooseLee's picture

Well....maybe. But then again if the Fed decides to print again, and then a couple of them end up mysteriously 'disappearing', well then maybe they decide NOT to QE 4. Some 'Big Fish' with morals may decide to convince the Fed of the follies of their actions. Just a possibility, mind you...stranger things have happened.

Fri, 12/19/2014 - 11:04 | 5572379 silverer
silverer's picture

Nice picture to include in the crony capitalism photo album.

Fri, 12/19/2014 - 11:05 | 5572387 One And Only
One And Only's picture

Funny how far a little patience will get you.

Fri, 12/19/2014 - 11:05 | 5572392 22winmag
22winmag's picture

This headline means nothing to 99.9% of Americans... until their pension fund and 401k evaporates like a puddle on a hot highway.

Fri, 12/19/2014 - 11:06 | 5572395 SillyWabbits
SillyWabbits's picture

When you print a Hundred Dollar Bill from nothing; how much can it be discounted before you lose money?

The first person to trade a counterfeit bill is the winner.  Unless of course the buyer purchased it with counterfeit money.

If the buyer or recipient can broker that deposit at a good interest rate; now we’re talking real money.

If the buyer or recipient can hypothecate, marginalize, leverage 50 or 60 times and then carry trade against a similar counterfeit accumulation …….

Of course counterfeiting is illegal: but I was just thinking about the possibilities.

Fri, 12/19/2014 - 12:14 | 5572686 Wild E Coyote
Wild E Coyote's picture

Of course, you are absolutely right. 

There is really no such thing as counterfeit money if you can get a Bank to get it into circulation. The so called electronic-Money too. 

US Government has Fed and is shamelessly using it to print more money. 

And most americans are happy to receive some handouts, as they think, US can keep doing it forever. 

In theory, yes. In practice, people react to such counterfeiting. Everyone will want to do the same. 

Or kill the counterfeiter. Something is soon about to happen.

 

Fri, 12/19/2014 - 12:18 | 5572700 Oldwood
Oldwood's picture

We trade the days of our lives for stuff. Some of it is for food and shelter. Beyond that is what they refer to as discretionary income, and that is what they desire to possess. It is the only real asset we have to sell, and they trade us printed paper for it. To own this asset, the very essence of our being, is great power. When they were able to amass great armies, they basically owned the "discretionary income". Now they are pursuing it through monetary policies that induce gambling and debt. They will own us, if they do not already.

Fri, 12/19/2014 - 11:06 | 5572397 Panic Mode
Panic Mode's picture

I think they mix up fundamental and f**king mental.

Fri, 12/19/2014 - 11:07 | 5572400 Hamm Jamm
Hamm Jamm's picture

Ofcourse they will print money !!    They will Need money for their new FAKE WAR !

Central Banks need you to die in a FAKE BANKER WAR, so they can cover up their crimes, and get ready for the New GENERATION OF DEBT SLAVES !!

 

Wipe the slate clean and die for the BANKS !

sign up for the FAKE WAR WITH RUSSIA

Fri, 12/19/2014 - 11:07 | 5572405 Spungo
Spungo's picture

I like how it says most IPOs since 2000. Does anyone remember what happened at the end of 2000? Something about the NASDAQ starting a 70% decline?

Fri, 12/19/2014 - 11:08 | 5572407 Baby Eating Dingo22
Baby Eating Dingo22's picture

Fed Koch out now allaying market that was briefly red

Fri, 12/19/2014 - 11:09 | 5572415 LooseLee
LooseLee's picture

When this PONZi eventually comes to an end, it is public documentation such as this that will be used to not only prosecute those who enabled such fraud, but to execute those responsible. This 'group' is a small club (and 'we' aren't in it), but they will be no match for the global outrage that will devour them and their members in a fury of violent revenge. Count on it. Justice will eventually rear its ugly head upon those who mistakenly thought they were 'above' it....

Fri, 12/19/2014 - 11:46 | 5572565 shovelhead
shovelhead's picture

I hope you aint holding your breath along with that rope.

They're above the law with a shoot to kill goon squad. That's that.

Fri, 12/19/2014 - 12:55 | 5572872 LooseLee
LooseLee's picture

Maybe. But the shoot to kill goon squad will eventually see the light. There will be 10 million pissed-off people for every goon in that squad, many sufficiently armed themselves...

Fri, 12/19/2014 - 11:10 | 5572417 ClowardPiven2016
ClowardPiven2016's picture

#whatsupwithebola

Fri, 12/19/2014 - 11:14 | 5572433 sheikurbootie
sheikurbootie's picture

The faux recovery will save us all!  or maybe not....but until then keep buying that shit! 

When we see a real recovery ahead, it's actually 5 years away.   There is absolutely nothing on the horizon to save us. 

Fri, 12/19/2014 - 11:15 | 5572440 Son of Captain Nemo
Son of Captain Nemo's picture

God does the United States of America deserve everything it is going to get!

From a true Amurikan!

Fri, 12/19/2014 - 12:47 | 5572834 headhunt
headhunt's picture

I assume that hold true if they continue getting all the good shit.

Fri, 12/19/2014 - 11:17 | 5572444 Temerity Trader
Temerity Trader's picture

Well, duh! It works doesn’t it? And works beyond their wildest dreams. Not even their most optimistic models could have predicted the degree to which Fed and central bank worship has exploded around the globe.

Keep rates near zero and consumers borrow and buy stuff, companies borrow and buy back stock and loan customers money to buy their products. Create trillions of $ out of thin air and let it be known savings will be punished and stocks will be defended and rewarded. Millions are forever grateful and in debt (pun intended) to the Fed. They saved the economy.  They saved millions whose 401k’s were decimated, they bailed out the largest banks and Wall Street. The reaction of the markets to this ‘New Normal’ still seems to shock ZH bears.

With no inflation, and maybe some deflation, the bankers clearly announced they have the green light to print trillions more, if needed. They are lowering loan requirements to support housing. They will likely never raise rates, just jawbone and laugh at the gored bears. The bears will win, but ONLY when the day arrives that people lose ‘Faith in Fed’.

Fri, 12/19/2014 - 12:22 | 5572718 Oldwood
Oldwood's picture

So you're saying...its all good!!

Fri, 12/19/2014 - 11:29 | 5572471 Atomizer
Atomizer's picture

Been so focused on this fucked up Obama Administration this early AM. Have no other comments. They were posted, have your grasp to pinning down this illegal administration.

Fri, 12/19/2014 - 11:24 | 5572478 Pantalone
Pantalone's picture

The patient is brain dead but his blood pressure is normal. 

Fri, 12/19/2014 - 12:01 | 5572633 JRobby
JRobby's picture

Massive doses of BP "normalizing" medication killed the brain. We have another success!

Next!

Fri, 12/19/2014 - 11:30 | 5572507 SparticusUK
SparticusUK's picture

Have been hunting for articles on the Rouble ... You know currency in freefall.. ring a bell?

 

Nothing on the open carry protest in Washington either

Fri, 12/19/2014 - 11:52 | 5572589 Atomizer
Atomizer's picture

Another Sony Hoax. Universal Studio Wall Street is going to run another hacking event. They need propaganda for HFT.

NSA, are you watching these parasites or supporting to fund 2016 taxpayer financial stimulus plan to save 2017 budget up by McDonalds up charging fees?

 

See how funny Federal Reserve Janet Yellen look's

Fri, 12/19/2014 - 12:00 | 5572623 shovelhead
shovelhead's picture

If you have a good sense of humor and your bullshit detector has been calibrated and well charged, go to Bloomberg.

Highly entertaining horseshit straight from the Big Horse's stall.

Fri, 12/19/2014 - 11:40 | 5572544 Think Like A Crook
Think Like A Crook's picture

You can still short this lie and make money (though I agree if you don't take the fiat profits and exchange for tangible goods you're going to get screwed).

Here's the list to short or buy puts on:

WYNN, NFLX, GOOGL, TSLA, IWM, PCLN

Now is the time to reload on these.

Fri, 12/19/2014 - 11:50 | 5572577 starman
starman's picture

Desperate times call for desperate actions! 

Fri, 12/19/2014 - 11:50 | 5572579 optimator
optimator's picture

I'm just waiting for the hackers to hack the FED Emails and put them on the web.  That'll be the fun day, and the last day of the FED and probably our Congress.

Fri, 12/19/2014 - 11:54 | 5572599 Atomizer
Atomizer's picture

Indeed.

Fri, 12/19/2014 - 12:05 | 5572642 shovelhead
shovelhead's picture

Eww.

Who wants to read sexting to Goldman Sachs?

Fri, 12/19/2014 - 11:56 | 5572603 falak pema
falak pema's picture

the fundamentals are : the US is a command economy. Period.

Fri, 12/19/2014 - 12:55 | 5572869 fuu
fuu's picture

It's been that way since WWII, there was just a brightly lit box in everyone's homes that kept them alseep.

Fri, 12/19/2014 - 12:00 | 5572619 gcjohns1971
gcjohns1971's picture

"the markets' buoyancy hinges on central banks' every word and deed"

TRANSLATION:

The sole tie  suspending Damocles' sword above the market's head is the fickle weathervane of confidence, with no shield of fundamentals between the sword and the jugular.

Fri, 12/19/2014 - 15:56 | 5573748 JR
JR's picture

There is no private free enterprise market. The Fed is the market, just as Stalin was the market. Either Americans claw back the TBTFs’ wholesale theft and impoverishment of the middle-class, or we go down with the good ship U.S. Liberty.

 “The doctrine that some banks were too big to fail subverted the most basic banking franchise of all, safety; promising to protect its depositors’ money at all hazards, a small, safe bank could make no competitive headway against a large, risky bank. The Treasury Department was the ultimate big-bank stockholder.” --- James Grant, Money of the Mind: Borrowing and Lending in America from the Civil War to Michael Milken.

In a 1992 review of the book , JAMES PICERNO,  associate editor of Stanger’s Investment Advisor, explains how Money of the Mind , overall, “provides an engaging look at how government monetary policies have infiltrated and corrupted the market process. 

When the private market stumbles, it is typically “corrected by assessing penalties to the offending parties. In contrast, government-induced improprieties in monetary affairs are rarely corrected. Instead, such statist errors are allowed to multiply, primarily because responsibility is diluted and pawned off onto millions of unwilling taxpayers who have no culpability, and no avenue for redress of grievances against the autonomous Fed.”

Picerno continues:

“Of all the distortions government creates when it intervenes in the free market process, few, if any, are more deleterious to the economy than when it socializes credit risk….

“A good deal of the country’s monetary and credit ills can be traced back to the creation of the Federal Reserve System just before World War I, Grant suggests. Few can argue with this notion, as this system has contributed greatly to the politicization of monetary policy, partly by removing formal institutional constraints on monetary excesses, as in the jettisoning of the gold reserve ratio.

“Over the years, Fed power became increasingly centralized—a predictable development, given the nature of the beast—giving it more authority to act unilaterally and, consequently, beyond market rationality.

Here is one example given of this increasing centralization: The Banking Act of 1935 “removed individual banks’ influence in open market monetary operations, ceding that ability to the Fed. Subsequently, all key monetary decisions were to come within its domain. Unfortunately, the situation has degenerated so that monetary policy choices are often derived from a political calculus. Such power shifts opened the door for Congress to sanction irresponsible fiscal policies, as in 1946 when it promoted monetary excesses by directing the Fed to promote high employment under the Full Employment Act."

http://www.fee.org/the_freeman/detail/money-of-the-mind-borrowing-and-lending-in-america-from-the-civil-war-to-michael-milken#axzz2rhebZyJC

That was written 22 years ago. Today, the nation no longer hangs on the words of the President of the United States or its statesmen representatives in the U.S. Congress. Instead, it trembles and shakes or sighs with relief as a Janet Yellen or a Ben Bernanke eight times a year reads off the Fed's targeted winners and the losers in America.

Fri, 12/19/2014 - 12:00 | 5572625 orangegeek
orangegeek's picture

MSM finally wakes up - it must be difficult for the MSM to carry water for the insiders and then write stuff like this.

 

In the new world order of anything goes and nothing matters, the Fed will keep doing this shit.

 

Rot in hell yellen!!!!

Fri, 12/19/2014 - 12:12 | 5572672 Son of Captain Nemo
Son of Captain Nemo's picture

Far-Fetched?  The year ain't finished and with headlines like this from McNews anything is possible!

These psychopathic cocksuckers are deeply depressed and very worried!

 

https://www.youtube.com/watch?v=8c0OcJD7dcY

"The evidence indicates the SONY hack was done by disgruntled ex-employees of SONY itself. Yet the White House has hastily put together a frame-up of North Korea, and unlike the Benghazi attack, the movie that is supposed to be the root cause of it all actually does exist.

So what is going on?

One possibility is that SONY will reverse its decision (under covert pressure from the White House) and go ahead with the Christmas Day release of "The Interview." This will be followed by multiple bombings of movie theaters across America. Just like 9-11, this will be "justification" for war against the "attacker", which we are being assured is North Korea. War with North Korea opens the door to war with China and through China, Russia, all to protect the paper dollar from the Ruble and the Yuan. Millions will die and the world will go back to being enslaved to the private central bankers for another hundred years." -Mike Rivero WhatReallyHappened.com

Fri, 12/19/2014 - 14:05 | 5573237 cheech_wizard
cheech_wizard's picture

Nothing amuses me more than people willing to shuck out money for trash. I'll give this one to you for free, for those of you that still need a daily fix of entertainment. (Note: Install adblock and ghostery, then try solarmovie.is, perfect for when you are feeling withdrawal pains from your cable connection.)

 

Fri, 12/19/2014 - 12:13 | 5572674 Uranus Hertz
Uranus Hertz's picture

Memorandum: Ma Chalmers needs a makeover. She would look much better with a spike protruding from her forehead. A new fashion trend.

My memoranda has more legal authority than the usurper's, because sHe is just a feckless alien parasite.

Fri, 12/19/2014 - 12:18 | 5572699 iamtheeggman wh...
iamtheeggman whooooooooooooo's picture

The QE is dead! Long live the QE!

Fri, 12/19/2014 - 12:22 | 5572717 Eagle Keeper
Eagle Keeper's picture

Pretty soon it will be a terrorist act to sell. Only buyers allowed. And does everyone here on ZH realize that they are on the terrorist watch list?

Fri, 12/19/2014 - 12:28 | 5572739 shovelhead
shovelhead's picture

" Look, you are Chief Editor of this rag and I'm only gonna tell you this once...

You NEVER tell the muppets it's open season on em...ever. Got it?"

 

*Mutters*  The fukkin phonecalls I've been getting...

Fri, 12/19/2014 - 12:56 | 5572868 Goldbugger
Goldbugger's picture

THE PPT finaly made the front page. FUCK THEM.

Fri, 12/19/2014 - 12:56 | 5572874 boeing747
boeing747's picture

When comes to raise interest rate, Fed always 2+ years late. If Grandma raised interest last year, RE & stock bubbles already popped. But what is good for the country is may not good for Fed&big banks.

Fri, 12/19/2014 - 13:13 | 5573009 matinee55
matinee55's picture

indeed, please hack the fedsters, banksters, boy what a trove of chit we would expose

Fri, 12/19/2014 - 13:28 | 5573076 GoldSilverBitcoinBug
GoldSilverBitcoinBug's picture

The fundermentals !

Dow Jones Industrial Average: Central Bankers Inside.

Check out our new clock speed: up to 85 billions monthly.

Over-clock possibility.

Purchase Now !

Fri, 12/19/2014 - 13:48 | 5573164 grekko
grekko's picture

After President, Andy "By-God", Jackson killed the central bank of his time, these Fed Banksters would be rounded up for a proper public trail followed by a proper public hanging.  The day will come again when John Q Public will rise to round up these desperados and serve justice.

 

...or to paraphrase John Belushi in Animal House-

Blankfein, dead!  Dimon, dead! Needermier, dead & Rothschilds, dead! 

 

...sorry everbody, I had too much caffine this day.

Fri, 12/19/2014 - 14:47 | 5573429 Clesthenes
Clesthenes's picture

grekko,

Sorry, but you don't want to trust "John Q Public to bring justice to the situation - especially since they have no knowledge as to HOW it can be done.  See comment immediately above yours.

Fri, 12/19/2014 - 14:42 | 5573406 Clesthenes
Clesthenes's picture

“the markets’ buoyancy hinges on central banks’ every word and deed.”

And that’s the fatal flaw in their scheme to utterly destroy the American currency and, thus, America’s economy.  For, if people realize that the Federal Reserve is responsible for “positive” economic events, they, also, will realize it is responsible for economic disasters.

So, as the dollar loses value (eventually to zero), people will naturally place blame on the Fed; a routine slave uprising will follow; the mob will roam streets and countryside looking for anything and anyone remotely connected to the Fed (talking heads and professors who “admire” the Fed, anyone who has “profited” by Fed actions et cetera) – regardless of guilt or innocence, age, sex or condition; when the mob has slacked its taste for blood, it will return to its condition of servitude with new masters.  It is so monotonous.

There’s got to be a better alternative.  And there is: we have to duplicate what American Founders did – minus their mistakes; and, on a much larger scale.  We can, for example, recover the $9-$15 trillion that went missing from federal and state governments and their special districts or corporations.  Americans have the same power Founders had, and they refuse to use it; mainly because they have no knowledge of it.

Fri, 12/19/2014 - 20:37 | 5574476 Aussiekiwi
Aussiekiwi's picture

Not to worry, fortunately the FED will have militarized the local security forces in towns with sufficient weaponry to keep the people in line.....back to work bitches.

Fri, 12/19/2014 - 23:33 | 5574733 spqrusa
spqrusa's picture

It is all about making the Fed indispensible. All the propaganda is designed to make Ending the Fed impossible.

Sat, 12/20/2014 - 10:10 | 5575237 straightlinelogic
straightlinelogic's picture

See "Ms. Yellen Whispers Sweet Nothings in Mr. Market's Ear."

http://straightlinelogic.com/2014/12/19/ms-yellen-whispers-sweet-nothing...

Do NOT follow this link or you will be banned from the site!