• Face what is expected to be a massive crowd of disgruntled protesters.

• Companies Rush To Fleece Investors Desperate To Own Facebook Stock

The Economist

• Obama Supports TSA Screenings: “Pretty Upsetting” If Air Explosion “Killed A Couple Of Hundred People”

I will save my comments regarding Obama’s statement for my next “Keiser Report” show for RT.

Hedge funds blowing up will mean the Fed keeps rates low (to bail them out – like with LTCM) – which means “deflation” in terms of the what the Fed sees – which means “inflation” in terms of what the top 1% see as precious metals, and commodities trade up – which means “stagflation” – is what the bottom 99% see – stagnant, lower wages, lower rates on saving, busted pensions, busted medical, busted education along with higher prices for food and energy. Inflation, deflation and stagflation are all in the eye of the beholder. The rich see inflation, the poor see stagflation and economists like Bernanke only see deflation – that requires constant money printing and QE bail outs – that never make it to the real economy. If it did we’d see wages and interest rates rise, but we don’t, because it doesn’t. When Bernanke warns of deflation – he is speaking in code for the benefit of the rich – so that they know to keep buying PM’s and commodities (in an orderly way, hence the need for massive manipulation in the price of Gold and Silver). The only way the bottom 99% can stop this cycle of financial terrorism is to force a massive Silver shortage and bust the No. 1 terrorist today: JP Morgan – and their 3.3 bn. Silver short position. This would crush JPM, the Fed, and the entire global IMF/World Bank Al Qaeda network while simultaneously transferring wealth from the top 1% to the bottom 99%.

• The Insider Trading Scandal Is Going To Cost Some Hedge Funds Half, If Not Everything, They Have

The above linked hedge fund scandal is just more fake deflation – requiring a few financial terrorists to change desks – and re-position themselves to take advantage of QE3 and QE4. The penalty the Fed will impose on these terrorists will be to shower them with more free money so that they can a) save the banks b) ensure liquidity c) keep making markets.

Even though:

1 – The only way to save the banks is to close them
2 – The only way to ensure liquidity is to raise interest rates until equilibrium is reestablished and capital is accumulated, not shuffled in a multi-hundred trillion dollar ponzi scheme.
3 – Making a market means equal representation of both risk and reward. You can’t claim to be making a market (as Goldman Sachs often does) by sucking all the reward out of the system and leaving all the risk behind.

• Rob McEwen – Gold Mania, Then a Re-Writing of the System