Guest Post: Open Message To The President

This post is by Kliguy38, a fellow SKF blogger. You can read his daily musings at http://kliguy38depression2news.blogspot.com/. (I also have a link to his blog on my "SKFers Blog List" section on the right-hand column.)

OPEN MESSAGE TO THE PRESIDENT

As an active small investor in the stock market I was surprised when you issued a public invitation to invest in the stock market in March stating that it was a good time to buy stocks......Having invested in the stock market for over 28 years I had never remembered a President making such an irregular recommendation in a stock market. After observing the market movements over the past 4 weeks it has become increasingly more suspicious that a direct order from the highest office with the backing of the United States Treasury and the Federal reserve along with major Investment Banks and the Presidents Working Group have conspired to manipulate the markets. I recognize the importance of our country having confidence in a good rising stock market..but this will create an eventual backlash and unleash the LAW of UNINTENDED CONSEQUENCES....this will crush liquidity in this market. I also recognize that the real players behind this understand this (ie goldman sachs) and will profit mightilly. They surely believe they have a chance to manipulate the volatility to bring all players back into the market including the short players. I pose the question ....What if the converse occurs..and you permanently destroy your investor liquidity......and I believe that at this juncture that may have already occurred.....so .....realizing the importance of our markets success these actions may have actually created its ultimate dramatic collapse....It is apparent to this investor that this market is corrupt and the financial system it represents. Fortunately I can adjust, but many will elect to not play the game. That will result in the end game of any PONZI SCHEME...gl sir ..I hope our country survives this and I hope the promised transparency and punishment of the large bank people that put us here in this dillemna does transpire......but....

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