Smoke & Mirrors

Kia ora,

Well even more smoke & mirrors being errected over the last two days.

President Obama is going to war with Wall Street. Gets him back on side with the voters, but the banks who caused all the problems are already looking at ways out. & for each 'punishment' in the fine print on page 1052 (well somewhere hidden away so people will get bored before they get there) will be the bit given back to make up for the public lashing.

Is the US President the most powerful man in the world?

No!

That would have to be on the surface anyway the head of the Federal Reserve for now 'Helicopter Ben'.

But even he is just a puppet for those who actually control the Federal Reserve. One thing you can be sure of it is not the US Gvoernment.

Again some are being told to pay back their bail outs. But then they get their money from those who are not going to have to pay it back & in fact have had the biggest bailouts & will continue to be bailed out. So as I said smoke & mirrors.

Virtually everything has dropped the last few days, but if you have done your homework then it is time to buy some investments & drop the others.

It is becoming more & more apparent  that the so called green shoots of recovery were nothing more than a stimulus inspired rise & as the stimulus efforts run out it, the recovery is stalling. It is now that 'Helicopter Ben' may have to live up to his name, that or let everything crash until the depression runs it course.