POOR RICHARD\u2019S REPORT<\/p>\n
The trumpets are roaring
\nPart Two
\nThe economy is lackluster \u2013 so why is the stock market making new highs?
\nWhen governments have a socialistic policy the movement between social classes starts to dissolve because the middle class dwindles into the lower classes. The economy stagnates and there is little room for self improvement.
\nFinance and government become the big growth areas.
\nSooner, rather than later, the banking industry takes over.
\nThey start by repealing existing laws that hindered their expansion at the expense of the common man. This feat is accomplished by entitlement programs aimed at certain segments of our society.
\nThey all start off with trustworthy and noble intentions, but as they mature, funds are \u201ccaptured \u201c to use in other areas.
\nSocial Security is a prime example. The funds deposited by every citizen who works have been confiscated or \u201cborrowed\u201d to finance other entitlement programs because it HAD a surplus of funds.
\nNow the major banks step in and start to finance programs and \u201ccontribute\u201d to favored politicians. Soon they control the everyday happenings in government.
\nJ P Morgan Chase Bank was fined over $22 billion dollars in 2013, but has been able to raise it\u2019s dividend and increase its earning. They have successfully manipulated the price of gold and silver downward on the commodity exchanges by the illegal use of high frequency trades and paying attorneys outrageous fees to swamp underpaid and overworked legal staffs of the government.
\nAll these illegal maneuvers must have the sanctions of the Justice Department, the Treasury Department and POTUS.
\nTheir excuse is to protect the dollar. The Federal Reserve Act of 1913 states that the Federal reserve has the power to protect the dollar legally.
\nThe real reason for this is: as silver was allowed to rise of its own accord because of demand, the price of almost everything could increase by 10 to 75% depending on how much silver content is used by that particular product. This would cause inflation to take off and that would mean an increase in social security payments because it is tied to our inflation rate. So you see our crooks are between a rock and a hard place. They have no room to squirm anymore.
\nThe economy is stagnating and the stock market at this time is at a high water mark. That too I believe is being manipulated. All the Federal Reserve has to do is enter two competing buy orders in size on the commodity exchange for S&P contracts. When the commodity traders see all the buy orders flood their market they reverse their position post haste because their margin rates would wipe them out by the close. The traders on the floor see the change and they cover and buy. Thus by the end of the day the market averages could show a slight gain even though the majority issues traded are negative.
\nNothing can change until we have a complete overturn of our present day politicians with a new mandate.
\nCLEAN HOUSE. ENACT LAWS THAT APPLY TO EVERYONE \tESPECIALLY POLITICIANS<\/p>\n","protected":false},"excerpt":{"rendered":"
POOR RICHARD\u2019S REPORT The trumpets are roaring Part Two The economy is lackluster \u2013 so why is the stock market making new highs? When governments have a socialistic policy the movement between social classes starts to dissolve because the middle class dwindles into the lower classes. The economy stagnates and there is little room for […]<\/p>\n","protected":false},"author":83,"featured_media":783839,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[490,89,922],"tags":[],"class_list":["post-107878","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-north-america","category-turkey","category-world"],"_links":{"self":[{"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/posts\/107878","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/users\/83"}],"replies":[{"embeddable":true,"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/comments?post=107878"}],"version-history":[{"count":0,"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/posts\/107878\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/media\/783839"}],"wp:attachment":[{"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/media?parent=107878"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/categories?post=107878"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/tags?post=107878"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}