Gangsta's

by Larry Levin

Yesterday I wrote a lengthy piece describing how the banksters were looting the Amerikan public with the aid of the Politburo Clown-Posse in Washington DC and the Federal Reserve.

Although it was lengthy, I forgot a few important points. First, the Politburo overlords that you keep electing actually nationalized...yes, as in Venezuela-style nationalism...three private Credit Unions last Friday. Second, the financial rape & pillage of investors continues unabated via HFT robots in both the futures markets and mainly the equity markets.

The SEC refuses to do anything meaningful about it because that's the way CONgress and the SEC want it. Otherwise, what happened today wouldn't keep happening.

There was another mini-flash crash today. Due to the HFT robots, PGN was intentionally crashed from $44 per share to $4 per share. No wonder there has been something like 20 consecutive weeks of investor funds outflow to avoid this rigged BS. Since last May's real flash crash, mini crashes have happened often in individual stocks by the banksters in New York & Chicago that has been allowed by the gangsters in Washington DC.

Today was the first time that I heard Rep. Michele Bachmann's speech when she called today's government a "Gangster Government." That reminded of what I wrote last night and of course above. Moreover, I surely agree because I have been calling bankers of the TBTF banks "banksters" for this reason: they are looting thugs of such a degree that it makes Al Capone look like a piker.

That being said, I believe you will enjoy the following video. I sure did! Click here to watch Gangsta Government Rap:

http://www.youtube.com/watch?v=AmBjG7ALvjc


Previous Day's Trading Room Results:
Trade Date: 9/27/10
E-Mini S&P Trades*
(before fees and commissions):

1) FT sell @ 8:42am at 1142.00 = +1.25 (1)

2) VA buy @ 2:00pm at 1143.50 = b/e (1)

3) Algorithm positions (1)

4) “Reading the Tape” positions (0) combined Secret’s, Algo, & “Reading the Tape” total… +2.25

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