B-JAY:

As long as we are going to deal in political and economic conspiracy theories, allow me to suggest another potential. Without question the political future of Barack Obama is in serious jeoporady. Is it possible that the US Federal Reserve and Treasury Department, both of which serve by appointment and at the pleasure of the US President, with the proviso that the Chairman of The Federal Reserve is appointed for a four year term, which is to expire shortly, are working in concert with the desires of the US President. Certainly, if the economic scenario continues along current lines, the political future of Obama is drawn into serious question. Yet to build on and expand equity valuations beyond the values which existed three months ago would be highly dubious. A potential and required answer would accordingly require the dimunition of equity markets prior to a manipulated recovery in 2012 the Presidential election year. Such is a common ploy practiced by every elected head of state world wide.

Is it possible we are seeing a manipulated scenario of equity market deflation preparatory to an equity market reflation in order to serve the flagging reelection potential of an incumbent US President? Certainly a potential entirely consistent with historical precedent. Particularly for a President from Chicago where political manipulation of elections and the record of fraud in electoral politics has been widespread and legendary for well over a hundred years. Is it possible that the current Mayor of Chicago, whom was previously Obama's Chief of Staff in the White House until six months ago and one of his main political cohorts, was encouraged to run for Mayor of Chicago for just such a purpose? To deny such a potential, would have to be viewed as demonstrating navete in the extreme!

Brian