The Pump Machine

An American Hero? Barry Bonds pumped it up on steroids, got the cheers from the adoring fans for years. Now, he is in disgrace facing perjury charges, because he lied about it, now having a suspect record with an asterisk. There are many others as well, who rode the pump machine, lied about it, to the cheers of the adoring crowds, but later fell from grace in disgrace. Canadian sprinter Ben Johnson, and American track and field superstar Marion Jones who also lied about it, are a couple of other stand outs, but there are a countless number of them. The crowds wildly cheered, and looked the other way, as Barry doubled in size his weight, and the rumors and whispers circulated in the underground press, by those who were really in the know, but those rumors and whispers were ignored by the adoring crowds and cheer leaders getting vicariously rich off of the fraud. The roaring cheer leading culture would not stand for it as the hue-and-cry is JUST WIN BABY! Its sick for sure, but this culture of cheat and lie on the pump machine transcends many other areas of our lives as well. Of course, there are many deserving of the rich laurels, but who are denied the same by those who lie while on the pump machine.

Today, on planet wall street, the cry is just win baby, such as, CNBC's James Cramer rants to just win baby, screeching for a Fed rate cut as the pump machine of choice to pump up the big boards on the DOW. Bill Gross, manager of PIMCO, the world largest Bond trader, has also called for short term rate cuts, as part of the financial pump machine. The Plunge Protection Machine (PPT) is one of the financial cheer leaders that is out in force, as the DOW muscles expand unnaturally so. Any time, the FEDs are more than willing to inject funds, cut rates, and authorize the hiding of losses, to keep the pump machine going. But you know, here and there are the soft rumors, the whispers from the underground, from such organizations like GATA trying to spread the word of the pump machines in the financial world, that is hurting honest money folks with gold and silver, their only store of real value, to protect themselves form the soup lines in the years ahead. And here to, those honest folks are also big losers, not getting their full measure of rich reward for holding on dearly to real gold and silver coins and bars, as the price of their metal is capped, smacked down, and limited in prices, unnaturally so, not according to the free market forces, but by the unlimited use of the pump machine using bank gold swaps and sales, and, naked short positions, as they hide it and lie about it. There is a difference, though, between sports and markets, in sports, if you get caught, you loose your fame and your laurels and may end up in jail for lying about it, in the financial market, they don’t loose anything, as the FEDs can pump pump pump in perpetuity under governmental immunity, as the king can do no wrong, in limiting the value of real money gold and silver while inflating the financial markets, while they lie about doing it, and try to hush up those rumors and whispers of truth, while addicted to the pump machine.

Derrick