Helicopter Drop Stands Ready

(Conspiracy Nation, 01/21/08) – An “instant helicopter drop worth 1 percent of Gross Domestic Product” is being crafted, reports Ambrose Evans-Pritchard. Ben Bernanke of the “Federal” Reserve has the 'copters fueled and filled with paper dollars. “The Fed will cut rates a half point to 3.75pc by month's end, if not more.” (“Euro at risk from Europe's economic storm,” London Telegraph, Jan. 21, 2008.)

Why didn't someone think of this before? Just print lots of dollars, and we will all be millionaires.

Other non-tiger attack news is that the Federal Home Loan Bank system has quietly slipped mortgage banks $750 billion. The Baltic Dry Index is in free fall. The US commercial paper market finally stopped disintegrating last week. (Evans-Pritchard, op. cit.)

As to the massive cash infusions, “God bless socialism,” opines Evans-Pritchard.

It is only fair that stock markets be guaranteed against collapse. They have an FDIC to protect your bank deposits. So why not have “'copter cash” to protect Wall Street?

This morning, in Asia, markets are down. “Jitters” sent Japan's Nikkei down 3.9 percent and the Hong Kong's Hang Seng down 3.5 percent. China's Shanghai Composite index plunged 5.1 percent. The U.S. stock market is closed today, in honor of Martin Luther King, the martyred populist.

Red China's Sovereign Wealth Fund is also lending a hand. They have purchased a 10 percent stake in Blackstone. It is speculated that Red China could purchase shares of, for example, New York-based Loral Space & Communications. (“Opposing view: Funds threaten U.S. security,” by Herbert London. USA Today, Jan. 21, 2008)

Red China has also been investing heavily in one of the U.S. presidential candidates. Norman Hsu has helped funnel 'copters of cash to her campaign.

That's all for now. The Conspiracy Nation editor is off to the racetrack, to make some wise investments.

Conspiracy Nation

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