2/18/14

"Wall Street high-tech/low-tech weapons used ...to control their casinos:"

"...1. Hire psychologists, neuroscientists to manipulate the media

Use consulting contracts, grants and retainers and lock up the best talent to work to keep America’s 95 million individual investors “irrational and uninformed”...

Do the few who control dissemination of most financial and political information,
enjoy relatively disproportionate levels of influence than the many who don’t?

2. Free experts constantly deliver Wall Street’s message to media

...Talking heads are free advertising for Wall Street to manipulate investors using so-called news content.

Why would some mainstream media personalities criticize policy positions of some,
while receiving undisclosed and/or indirect compensation from others
interested in non-attributed dissention?

3. Invest megabucks on lobbyists to control politicians, government

...Lobbyists control Washington: control politicians, fight reforms, push favorable laws, regs, spin the truth to mislead investors.

Can business and/or political interests negatively affect investigative journalism,
by sheltering some from inhospitable exposure while simultaneously disparaging opponents?

...5. Kill our savings button, undercut self-confidence, long-term planning

Wall Street uses neuroscience technology to sow doubts about retirement security, do-it-yourself investing, how indexing beats trading, then overloads us with misleading ads.

The Ministry of Peace concerns itself with war,
the Ministry of Truth with lies, the Ministry of Love with torture,
and the Ministry of Plenty with starvation.

These contradictions are not accidental,
nor do they result from ordinary hypocrisy.

They are deliberate exercises in doublethink.

George Orwell

6. High-frequency trading, misleading Wall Street and Main Street

Short-term online trading makes Wall Street billions annually. Hyperactive traders have a competitive edge using high-tech neuroscientific strategies, plus keep markets churning.

Have financial markets gained after beating over-reduced expectations,
under-reported bad news or positively spun late afternoon press leaks?

7. Brokers trained on aggressive selling and closing techniques

Securities are sold not bought: Broker’s advice is [sometimes] self-serving, often misleading, [often] anything to get a commission. They’re trained to use high-powered psychological techniques.

Do some think many know more than they ought to?

8. ‘Investor education’ programs are self-serving sales gimmicks

Most Wall Street-sponsored “investor education” programs are loaded with new business, sales and promotional gimmicks...

Is the delivery of consumers to merchants
the objective of for-profit television?

...10. Retirement gatekeepers: kept in the dark and manipulated

...Wall Street focuses sales pitches on easy to manipulate naïve plan managers."

Paul B. Farrell

Why are rising financial markets in the best interests of whom
of the business information industry?

If a few multinational corporations
own an overwhelming majority of newspapers, magazines, news channels,
radio stations, book publishers and business information sources,
what are the chances of an investigative journalist
publishing a negative story on a sister subsidiary,
or on a subsidiary of another company that could retaliate in kind?

Markets can stay irrational longer than you can stay solvent.

John Maynard Keynes

Could a percentage of what you think,
be what some frequently suggest you think?

People will believe a big lie sooner than a little one,
and if you repeat it frequently enough people will sooner or later believe it.

United States Office of Strategic Services on Adolf Hitler

If advertisements and anecdotal news stories
promote extraordinary investment returns with minimal mention of risks,
along with plentiful and inexpensive financing,
and after unexpectedly high returns for some,
collective acceptance motivates others to borrow and invest more,
creating even higher prices,
why would proponents want to maximize available liquidity
and endeavor to minimize withdrawals?

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