~ "Loopy" is not in the loop either..
We will start today's posting with a sports trivia question:
Why is it that the NFL is so adamant that teams release injury reports a couple days prior to each game and any team found to have intentionally released misled information is fined heavily?
Here's your choices:
A) The NFL believes in honesty and integrity
B) The NFL believes in player safety
C) The NFL cares about its fans
D) The NFL is the most heavily bet on sport in America and both bookmakers and gamblers need this information to determine odds and how much to bet
If you selected A, B or C you're just simply precious and adorable in your naivety
Obviously the answer is D
Bettors want to know all the information they can before placing all their children's college fund on this week's preseason games.. They want to know if Peyton Manning has a sore arm or stubbed toe or if he's not in a good mood because the store he shops at is out of his favorite cookies...
What bettors truly want is the sure thing-- everything telestrated... laid out for them so that all their bets come out on time with the most minimal amount of actual thinking and real gambling possible.
Of course the NFL is not pro wrestling.
The games are Not fixed and are Not decided beforehand. And just because one team may be picked to lose by more than 10 points because their so bad doesn't mean the script automatically goes to form...
The best the NFL can do is force its 32 teams to provide all injury information so that people know which Pro-Bowl caliber QBs or RBs are hurt so to help the bookies adjust their lines more accurately and allow bettors more information...
Very briefly, a 'line' works like this.. Its Redskins v' Cowboys.. oddsmakers put the game at Redskins +2 meaning if you bet this game and take the 'Skins and they win by 1 point, you still lose the bet...
Now if information is released that Dallas' QB is hurt and unlikely to start that game, now odds perhaps move to Redskins +6 and as a bettor you have to adjust your wager strategies accordingly.
Never let anyone tell you the NFL doesn't condone gambling.. they just don't advertise it..
Now in the world of the stock market, everything is rigged.. Its just incredible that most who invests do not understand this, particularly the everyday person and 'mom & pop'per
Everything is telestrated and orchestrated so to protect professional Investor swine and the rest of the Big Boys from ever suffering true losses due to essentially bad bets..
So the Fed, like some phony 'god' reveals its plans to everyone before it actually does it.. Often it coordinates its plans behind the scenes with banks, corporations, and other Big Boys days or weeks beforehand so that when something is announced, they've known already...
The Fed doesn't want surprises or market jitters that rattle Investors..
The everyday person can of course go to hell; totally OK if they lose everything because the system is always set up to survive the destruction of puny individuals...
Just can't allow those banks and corps to take any losses..
So as the Reuters headline states based on the current 55pt drop to under 15k, "Wall Street Retreats as Eyes Turn to Fed"
What will they do? What little policy trick or gimmick will the Fed come up with to protect the Investor? Or will they say some soothing words to lie to the masses about no changes coming while the Big Boys know exactly the schedule beforehand?
Think about it in everyday business terms...
Does an employer ever say to you, "Look (X), we're going to be letting you go in 7 weeks once we either found a cheaper replacement or adequately trained someone else in your department.. We'd do it today but it would hurt us more than you.." ?
Umm.. Nope..
You will never be privy so you can do what you can during those 7 weeks to prepare emotionally and practically i.e. hunt for a new job...But your boss is thinking it, and then you're told perhaps on your final day that you need to pack up your things..
No corporation or business will ever allow itself to suffer by its employees and the Fed will never institute any policy or taper any action that will adversely affect the masters it serves...
These are blood sucking bastards we are talking about..
We don't use this term to be funny or dramatic to to vent.. It is true..
Try to get between a profiteer and his/her need to make more money is like trying to get between a drug addict and his next fix.. He/she will tear you to pieces if need be.. You will not get in their way..
And if you're the one with the power; with the 'fix' in your hand, you will see the transformation of the needy grovelling figuratively and literally at your feet...
This economy is pretty much flat lined...
The corporations can only make profit through the market because domestic sales for pretty much all companies since 2008 have been stagnant and where once they thought they could make up the profit differential abroad are finding everywhere people in recessionary spending crunches.
Not only are banks afraid to lend to the public but their lender, the Fed discourages it and tempts them not to by paying interest to hold money they're lending out...
The only way real profit is taking place is through stock shares which have been artificially inflated allowing companies to buy more and more of its own stock and appeasing its shareholders who celebrate by buying even more shares...
And the US government? Please! They refuse to even admit their currently over the borrowing limit.. Think they will admit this economy is rudderless??
Its at a point that even if they wanted to pass legislation to help people (which they don't especially in a non-election year) it would just be taken as what it is.. admission of prior failure and inaction.
If you took away the Fed's ability to manipulate markets; to simply prevent them from giving hints and clues as to the policy directions its taking, that would be enough for the Big Boys to pull out in droves and this precious market would be toast...
That is how orchestrated the market is...
And for most people.. Friends, you are Not in the loop.
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