In addition to laying some more reality at the doorstep of the talking heads, who have little defense but to give a begrudging hypocritical chuckle Joe Saluzzi brings the bigger picture home to roost.
"There is problem structurally in the equity markets that nobody wants to talk about. There is intervention, there is manipulation going on. No one has exact proof of what is going on but it's out there, and the real liquidity has been gone for a while. People don't understand, the liquidity is not coming back."
Bloomberg on youtube, but not on bloomberg youtube channel...
Bloomberg treads into the dangerous waters where business and politics mix @ 7min - 7.15
Joe Saluzzi of Themis Trading
"...Each day a little of my freedom goes away, and that does scare me..."
Now the pundits response is astonishing...She actually insinuates that the culprit of the financial meltdown... is freedom...
I think I'm going to cry...Freedom is not the problem, the problem is truth, when the truth is transparent for all, the free market will fly again, until then, the manipulation will only be, ultimately, the next bubble, and the market, like the real estate, will pop.
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