CNBC: “This Market Continues To Be Propped Up By Government Intervention And Manipulation”

Amusing to see the biggest propaganda voice for the administration and General Electric let this one slip. At 2:22 in the video below, Larry Levin discloses the truth about ongoing flagrant market manipulation.That’s why CNBC needs a 15 second delay, although Freudian slips among all the noise are why watching the channel can be so rewarding at the end of the day.

Market Club INO.com

One Comment

  • steljan
    June 29, 2009 | Permalink |

    On the yahoo FAZ board we have been talking about this for 2 months now.
    Everyone that trades min. by min. knows this, futures have 100pts swings premarket, every time the market looks as if its going to break down the invisible hand comes in and saves the day.
    All experienced know what is really happening and thats what makes it so hard for traders to trade either side long or short, you never know when the govt. will pull the plug, but we all know that if they do this market is toast.
    Capitalism and free markets is dead for now the govt has the upper hand controlling this market or assuming they can controll it but what they never understood, the govt nor the Fed is that the market is a stand alone complex, you can manipulate it for so long until it wakes up and bites you back in full force

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