By Russ Winter of The New Nationalist
CFTC data shows that “somebody” is aggressively piling on bets against (short) stock market volatility. In effect they are gambling that VIX or volatility will move even lower than the near record lows it now sits at. To a thinking person this is totally counterintuitive. Many well known market commentators have addressed this anomaly. This is manifested with 14 straight days in which the principal stock market S&P average has changed by less than 0.3%. This has never occurred going back to 1927. Laughable- ask yourself if we are living in such serene, calm times?
In my view the Crime Syndicate have patsies on the line to carry this scam out. The patsy would have to be a whale or whales to take on this sort of offside bet. I would surmise it is someone in the depleted Aunt Millie pension complex discussed below, or possibly in the captured corrupted Japanese financial system. The Swiss central bank may be involved.
The boyz have showed up with bribes, girls and drugs to ply on the patsy whales. I picture this as pure unadulterated sleaze. Without a doubt some compromised individuals have been compelled or forced to make these excessive and absurd VIX bets. It won’t end well. You can see the betting has been in place for over a year. Only criminals on the inside will get the memos on timing, but this is the fault or slip line for a financial earthquake.
There is now a $1.8-trillion pension deficit (conservative estimate) in state and municipal obligations alone. This number is based on the enormously inflated stock- and bond-market bubble currently in place. Once that bubble bursts, the pension deficit will be many multiples higher. Additionally, National Association of State Budget Officers data indicates state revenues are starting to decline as funding needs — related to massively underfunded pensions, rising education costs, etc. — continue to skyrocket.
Into this perfect storm comes Trump and his band of “Larry the Liquidator”-type corporate-raider cronies, who will deal with national bankruptcy via massive austerity, disassembling and privatization a la Soviet Union to Russia 1991-1998 gambit.
If you don’t understand what the Soviet Union’s dismantling was all about, then you have no interpretative framework whatsoever to grasp what’s in play. For those who have to be constantly entertained, the following short scene from the old movie “Other People’s Money” is illustrative, at least in terms of what a U.S. operation would look like. Pay special attention to Larry the Liquidator’s closer in the back half.
For more our advanced, critical thinkers who are willing to drill down, see the following documentary, “Russia: The Rise and Fall of the Oligarchs.” The (((oligarchs))) were also referred to at the time as “The Clan.”
This is classic Parasite Guild method and is very much the reason Trump was elected. It has now been revealed that Trump has ties to these same Kosher oligarchs- surprise, surprise.
It should be obvious that Trump is going to remove the artificial, cheap-debt-fueled, three-legged stool used to prop up the economy during the Obama administration. A cold-turkey austerity liquidation will be put into operation. These pensions will be nullified.
Nearly every Trump pick is of the same genre, culminating with the assignment of South Carolina Rep. Mick Mulvaney as Trump’s first budget director. Mulvaney would have been a great pick a decade ago, before the carcass had been picked completely clean. Today, his job will be little more than sealing the coffin. He is willing to shut down government to do it and, in fact, led that charge the last time around. Hardcore austerity vultures and Parasite Guilds are on the scene in America. This is the opposite of debt slavery liberation.
At the same time, the oligarchs will be given massive breaks and subsidizes similar to the Carrier PPP scam in Indiana. Here is Trump’s tax bracket scheme: This would be good news for everyone currently in the top two brackets (35% and 40%). These taxpayers would see their effective rate drop down to 33%, by 2 and 7 percentage points respectively. Conversely, the simplification would bad news for the taxpayers in the lowest bracket (10%). These would see their effective tax rate go up by 2 percentage points, to 12%.
My podcast on how the parasite guild system is gearing up is here.
This article originally appeared on The New Nationalist and was republished with permission.
Source Article from http://www.renegadetribune.com/liquidators-set-shop-champing-bits/
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