Debt Trap vs Markets campaigning for the Bernanke re-appointment

Bernanke was campaigning his reappointment since March low SPX 666, and all mega funds are in the markets -- BlackRock, Goldman, Stanley, Buffett, Paulson, Rogers, Greene, all major mutual funds, and others. http://federalreserve.gov/newsevents/speech/bernanke20090821a.htm

Art Cashin who was baiting bears to be squeezed for the last few months does not have money power except he helped markets to squeeze bears; therefore, he was fueling the markets.

Other bearish newsletter writers were all became a part of short-squeeze, relentlessly.

Regardless the facts of market manipulation using US debt with excuses of reviving the Economy and misrepresentations of facts such as housing market rebound with Chinese buying US Real Estates, continuing job loss, continuing bank failures, continuing bankruptcy filings, continuing foreclosures, etc., the Fed and OB will continue to manipulate markets and economic numbers.

Meanwhile financial markets are continuing to manipulated to upside with short-squeeze and market hype propaganda by Bernanke aiming at his re-appointment.

Bernanke is a better choice than any other as the Chairman of the Fed considering we can not change the goal of the FED to profit from sheepsters using economic cycles and theories. If it is not Bernanke, someone else will be the chairman and will manipulate the markets and economy. Hence, considering inherent nature of the Fed profiteering objective and considering inability to change the Fed, Bernanke is better than others.

Bernanke will continue to pump markets to create positive spin to economic situation and to create Re-appointment approval; so, there is no hope for market correction given the inherent nature of current market psychology as bears are squeezing to death by Bernanke and mega funds.

The trillions of stock inventories held by the mega funds need to be sold to small investors, so, investment firms are hiring traders to solicit investments. Considering the market condition and psychology, the mega funds will not sell markets anytime soon to go against Bernanke.

When the mega funds decide to exit markets, it will be a mega disaster. Until then, markets are thriving to upside with the Bernanke printing press and short-squeeze -- unfortunately, the ruthless greed is trumping.

http://www.washingtonpost.com/wp-dyn/content/article/2009/08/21/AR2009082101273.html?nav=rss_business
http://en.wikipedia.org/wiki/Ben_Bernanke


$COMPX 2020.90
$INDU 9505.96
$INX 1026.13