Since the inception of this website, I have postulated that the stock market is rigged due to high speed trading that was shaving pennies off each trade in an Office Space/Superman 3 way raising billions in the process. A new book by Michael Lewis "Flash Boys," says that it is exactly what is going on and that is also why the stock market hasn't had a major correction in over five years now, a record in US history. 60 Minutes showed a glimmer of it's former glory by doing a terrific expose on the whole thing and I would highly recommend that everyone check out the piece immediately.
The funny part is this whole thing is nothing more than a variation of an old con called "the Wire." Anyone who's ever seen the movie "The Sting," knows that the Wire is the central con being used to fleece Robert Shaw's character. In this con game, the cons set up the mark by knowing the outcome of whatever the mark is betting on. In "The Sting," they set up Shaw by knowing the results of a horse race by intercepting the signal moments before releasing the info, thus knowing who won and who didn't. High speed computers are doing the same thing to investors.
These computers have figured out a way to know what people are buying, getting those stocks themselves and selling them back to the investors for a profit. It's pennies on the dollar but they are doing it millions of times every day. It's a no lose situation and the fundamental reason the stock market has risen non stop for five years. Like the horse race, the computers know what stocks will "win" and are betting accordingly. This cheats the regular investor out of billions in profits and instead gives it to the banks and the rich. If there was ever proof the cards are stacked against you this is it. It is the equivalent of going to a casino and have a 100% chance of losing every time against the house. Who would bet on odds like that?
The worst part about this is it can only continue so long before it will crash to the Earth and leave a smoldering hole behind. As most stocks are now owned only by the super rich and corporations, there will come a day when the whole Ponzi scheme collapses, much like the housing market is doing as well. Investors are starting to leave the housing market as prices have risen too high to make a profit on, and it's 2008 all over again.
While all of this occurring, some are starting to see the cracks in society. Albuquerque was besieged by angry mobs pissed at their trigger happy police force that killed an unarmed homeless man and then lied about it. People took to the street in protest which turned violent as many said they had had it with the local police force which is acting more like a dangerous threat than what they are supposed to be "protecting and serving." Cybergroup Anonymous has apparently started to attack local government and police offices, although no group has been publically identified yet. The point is, the police are going too far in many places and people are starting to wake up and fight back.
Some have started to warn others about the fact that world seems to be entering into a cycle of civil wars the likes of which hasn't been since the late 1700's. This is from Zero Hedge and Martin Armstrong:
This is no plain modern event with civil unrest erupting because of an
interconnected world. These are grassroots uprisings cross-fertilized
perhaps from a world contagion yet they often have similarities – corrupt
governments. Turkey, Ukraine, Thailand, Venezuela and Bosnia-Herzegovina are all
middle-income democracies with elected leaders besieged by people angry
at misgovernment, corruption and economic sclerosis. These days it is
no longer just dictators who have something to fear from the crowd. This is the
promise of Marxism that centralized planning and false promises are coming home
and governments are too corrupt and incompetent to deliver what they have
claimed for decades.
Communism is dead. The socialistic agendas that have lined the pockets of
government and filled the coffers of banks is over. The national debts are on
average composed of 70% interest payments not programs to help the poor as
marketed. The debts that keep growing with no intent upon paying anyone
back are draining the national productivity and turning the people into economic
slaves. The standard of living has declined and it now takes two
incomes to survive where one use to be just fine. Women won the right to work
and lost the right to stay home.
The promises that you save for the future have collapsed into dust as
interest rates have been driven lower making savings utterly worthless.
There is no such thing as saving and living off your fixed income. The
elderly are being driven back into the work force and the whole ideas that a
generation believed in are vanishing before their eyes.
So it is no longer communists and dictators that are the targets. All
governments are now the targets and when the economy turns down after 2015.75,
the threat of civilization will be pulled apart by the self-interest of
politicians clinging to power to the detriment of the people.
This seems very accurate for what is about to happen as there is no way greedy politicians and corrupt elites are going to change their ways as they fight for their power which is slowly ebbing away as many of us are catching on to their grand schemes. Obama has proved no better than any of predecessors at telling the truth and the end result is people are going to start standing up to these people with violence. JFK said it best "when peaceful protest becomes impossible, violent revolution becomes inevitable." We are rapidly heading that direction. The smarter of us better start fighting for what is right because the end result is going to be an epic disaster in which millions of people are going to die. The choice is yours dear reader. Get off your asses and start demanding better or live on your knees and wait for death.