HOW THEY STEAL OUR WEALTH
Will You Survive The Coming Financial Crash 14
© 2005 Kent Daniel Bentkowski
surprising to me to find this story not covered by any major media outlet. Therefore,
whatever the Bush junta may say publicly about the reasons for the second Iraq war, the
reason is truly about oil. They even had the audacity to call it Operation Iraq Liberation,
until immediate and justified public outcry forced them to rename the war.
HOW THEY STEAL OUR WEALTH
(manipulated stock market crashes)
:
When I became a licensed investment banker, one of the first things I was taught was the
manner in which the stock market can be manipulated, one stock at a time. How this is
typically done is by first driving the price up through public demand. Stockbrokers
recommend certain stocks to their clients, and the more people that purchase, the higher
the stock price travels. Then, when the stock price is sufficiently inflated, the big money
suddenly pulls out of that particular stock, leaving the general public to absorb the loss.
This technique is known as the pump and dump.
Here, profit can be made in two distinct ways. First, the big money can dump the stock at
the highest premium price, which maximizes the profit. At the same time, the big money
sells the stock short and/or purchases put options, which means they are selling stock
they do not own, and simultaneously, they are betting that the stock will drop in price.
Later on, after the stock price dives, they can re-purchase the same stock at a
tremendous discount. In effect, this transfers money out of our middle class life-savings
and 401(k) retirement accounts, and places it right in the hands of the global elite. Those
acting in the manner I describe here, make a profit going up AND coming down! When I
took my certification exams, I was told that this was illegal, and the SEC would prosecute
if I dared such an easily traceable action.
Let us look at how this works in the real-world environment . . .
In the dot.com boom of the 1990's, tens of millions of Americans bought stock for the
very first time. Hoping for their slice of the American Dream, more than 125 million
Americans invested significant amounts of money in the market, and specifically in the
computers and technology sectors. These were middle-class people that had invested
their life-savings, their children's college funds, and even their retirement and rainy-day
savings. As many stocks rose from dollars to hundreds of dollars per share, the
excitement was too much to ignore. By the time of the Spring 2000 crash, 56.6% of all
Americans were invested in the market to some degree.
During the stock market crash of 2000, six-trillion dollars of money that had belonged to
the middle class, had been transferred into the hands of the elite upper 5%. It was done
by using the techniques mentioned above. Just before the crash, the big money suddenly
pulled out of the market. Mr. and Mrs. Middle America never understood what was about
to happen, and they kept their money in the market. After the stock market had reached
its' lowest point, the big money bought back into the market for literally pennies on the
dollar. This allowed them to come to own an even larger share of the wealth of this
nation. The people who had done this weren't all American citizens, either. They
represented China, Japan, the Middle Eastern oil countries, and Russia. The U.S.
