The Plunge Protection Team Wags the Dog with Futures to Manipulate Stock Markets and Bitcoin

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I was surprised after all these years to find a major conspiracy theory that doesn’t have a lame debunking article on Wikipedia.

Now that I’ve found one, I’m hopeful that Wikipedia is getting the message: People won’t support censorship outfits like yours, because you’re often wrong about important things (same as me and everyone else).

The non-debunked conspiracy theory I’m talking about is the real-world function of the The Working Group, also known as the “Plunge Protection Team.” The PTT was set up on March 18, 1988, by Ronald Reagan in response to “Black Monday” (October 19, 1987) when the stock market did a one-day black swan dive, the likes of which had never been seen before. This titanic yet brief crash was due to programmed trading by the primitive software of the era.

The Working Group’s existence is mainstream knowledge. Its official marching orders included this admonition: “consult, as appropriate, with representatives of the various exchanges, clearinghouses, self-regulatory bodies, and with major market participants [big stock traders] to determine private sector solutions wherever possible.”

In other words, “Now hear this: all you governmental market regulators and massive non-government stock trading institutions (the 16-ish Fed-favored banks and the gigantic funds like BlackRock, Vanguard, Charles Schwab, State Street Global Advisors, and Fidelity Investments), the new 1988 official government policy is that you people WILL artificially prop up the US stock market during major crashes. Capeesh?”

OK, that’s a paraphrase, but it’s the message.

Ten years later in 1997, The Washington Post came up with the nick name for The Working Group: “The Plunge Protection Team.” Soon other people woke up to the reality that the US stock market is being propped up artificially during downturns in response to an official government mandate.

One of these awakening elites was, in fact, a former FED member, Robert Heller, who not only believed that the whole fraud was happening, but he thought it was a good idea and suggested a better way to dishonestly and covertly prop up a falling US stock market…

To quote Wikipedia (gag me): “Former Federal Reserve Board member Robert Heller, in the Wall Street Journal, opined that ‘Instead of flooding the entire economy with liquidity, and thereby increasing the danger of inflation [as Joe Biden recently did and Trump before him], the Fed could support the stock market directly by buying market averages in the futures market [the S&P 500 futures contract, symbol ES], thereby stabilizing the market as a whole.'” (This has nasty implications for Bitcoin, by the way.)

The thing these sorts of well-meaning experts don’t realize (or more likely they do realize it as part of their plan) is that when a country’s government takes over private enterprise, you’re left with a totalitarian government. Simple as that. Whether it’s communist or fascist makes little difference to the millions of people they tend to exterminate.

Knowing (from their dealings with England) all about the totalitarian instinct that dominates ALL human organizations from Christian Churches to secular Kingdoms, the “Founding Fathers” of the US did their best to segregate the forces of central power, giving us the separation of law makers, law enforcers, judges, and arguably “church and state” to some degree. Remember this old quote from the day they founded the USA:

“Well Doctor, what we got, a republic or a monarchy?”

“A republic,” replied the Doctor, “if you can keep it.”

Keeping it is today’s colossal struggle. It ain’t looking good, folks.

Today’s power-monopoly that the “Founding Fathers” couldn’t foresee and avoid was the takeover of the US government by corporate industry (through re-election bribes and threats) and the simultaneous government takeover of asset control by strong-arming the largest market participants with the creation of the Plunge Protection Team and its official mandate (to fight market crashes by “temporarily” ending free markets in the US).

The US experiment in freedom has been sweet, but it will be brief unless we citizens wise up in a superhuman way and stop voting for people who promise to give us expensive things that our great grandchildren will have to pay for, including the mainstream mirage of an eternally expanding money supply (through debt and central control).

The sweetness of free markets in the US is this: they have lifted the vast majority of poor people from life-threatening poverty into a relatively starvation-free type of poverty where obesity is now a problem among the poor. As far as I know, free markets are the only human experiment that has accomplished this incredibly hopeful feat. All other attempts, including communism, have failed miserably.

I suspect the success of free markets comes from the way they inspire people to work harder than they ever have before. We’ve seen this in real-time in China, for example, when they opened the doors a narrow crack to free market enterprise. In record time their country’s GDP skyrocketed and the poor began climbing out of poverty. Lately, unfortunately, the Chinese Communist Party has been frightened by the whole thing and seems to have pulled the rug out from under their own economy, but who knows what the truth really is in China?

The answer is, only their “president,” Xi Jinping, who has recently become a life-long dictator in response to his own human greed for power and control. He alone knows China’s truth because totalitarian governments throughout history have considered lies an essential tool, not an ethical gray area, and certainly not an inherently destructive force that destroys trust, trustworthiness, and love, the foundations of every stable culture, marriage, and friendship on Earth.

I think it’s well to remember that our loss of free markets in the US (and the resulting loss of the true democracy we once had) is just as likely to have happened as a manifestation of either

1. unintended consequences of well-meaning experts, or

2. the planned, bloodless takeover of western democracies by tyrants, possibly communists from China and Russia, and/or the well-intentioned sociopaths who run the World Economic Forum and seem blind to the “unintended” negative consequences of their wonderful sounding plans and dreams for a top-down utopia (owned and operated by wealthy stakeholders).

Hey, Klaus Schwab, the world has tried every sort of pseudo-democracy with wealthy elites running things. It does not work. Totalitarianism does not work, dude.

No matter who winds up at the top, the outcome is never sweet for the poor and the middle class.

Ironically, many, if not the vast majority of people in the US who openly favor totalitarianism are good-hearted, smart people whose sincere desire is to elevate the poor. But thinking critically about complex human systems while trying to see both sides of a political argument was not part of their education because US public schools and universities don’t allow it on campus.

At the moment, the latest addition to the “tools” of the Plunge Protection Team is the Reverse-repo Market that was created in recent years and later began collecting trillions of dollars in deposits from the FED-favored banks after the FED raised the free money (interest rates) they donate to their powerful puppets.

And since “there’s no free lunch” in this world, these lucky puppet banks, being part of the Plunge Protection Team, will be called upon to support the stock market when it crashes in 2023.

But they won’t be buying individual stocks or unleveraged exchange traded funds (ETFs).

Instead, as Robert Heller suggested (linked above), the Fed’s pet banks and obligated trading firms will simultaneously prop up the US stock market by buying stock index futures (mainly the ES). What Heller didn’t know is that they will also sell short the futures contracts of one specific asset that the public presently despises.

I’m talking Bitcoin. The government’s machine will be selling Bitcoin futures.

Here’s why.

The totalitarian instinct of all human institutions will kick in when they realize that Bitcoin could limit their plans for top-down micromanagement of the US citizen’s spending habits.

The US government is moving towards a central bank digital currency (CBDC) that will give them total financial surveillance over citizens as well as the ability to influence our spending and savings through “incentives” like “spend it now or lose it” and “you bought too much meat and used too much electricity last week, a $666.00 fine has been deducted from your account. Sincerely, Klaus Schwab.”

This hellish CBDC reality is on the way. If you’re a Democrat, imagine Trump wielding this kind of power. If you’re a Republican, imagine Biden with this level of instant and direct control over your bottom line.

The only competition to a US CBDC today is Bitcoin. It can’t be outlawed by the The Securities and Exchange Commission because (unlike Ethereum and nearly all other cryptocurrencies) Bitcoin is not a security, it’s an asset, vaguely resembling a platonic form of gold, and it’s 100% the opposite of a central bank digital currency because it cannot be artificially created or destroyed.

When the folks at the FED begin promoting their CBDC, they will need a way to keep the price of Bitcoin from rising and attracting the buying power of the masses. Before long, they will remember brother Heller’s advice on how to do this devious thing most efficiently by SELLING Bitcoin futures contracts (BTCZ2).

Bitcoin’s “tail”, the Bitcoin Futures contract, is so highly leveraged that big money can use it to manipulate the underlying asset (actual Bitcoin) and “wag the dog” with relatively small amounts of money. They don’t have to buy up most of the Bitcoin to corner the market and then trickle-dump a bit of it every time Bitcoin’s price rises. That plan was so last week. Today…

Big trading firms and Fed-funded banks working together in silent but legally mandated conspiracy can move the broader stock market indices, according to former FED member Heller.

And since they can do that, we know they can certainly control the price of Bitcoin and stop it from competing with CBDC and limiting the grip of the FED’s exciting new totalitarian powers, delivered to them through the glorious miracle of central bank digital currency.

Why do these things happen?

Well, some people probably come into this simulated version of Reality to learn what it feels like to be a power-hungry control freak in order to avoid being this way when they “die” and return to Reality.

The rest of us probably volunteered to come here for reasons specific to us and to those we love.

“To everything…There is a season…And a time to every purpose under Heaven.”

Hang tough and keep your faith in God, whatever worldview details you believe.

…

Decentralized Love,

Morrill Talmage Moorehead, MD

The only way a Central Bank Digital Currency can happen in the US is by turning Democrats against democracy

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Imagine you’re a powerful, wealthy insider, a person with global connections in high places, a person that the World Economic Forum (WEF) would classify as a “stakeholder,” deserving status and economic advantages such as ownership of real estate.

You believe that democracy and capitalism are one-and-the-same, both have failed, and you want to end democracy in the US in a peaceful revolution that avoids civil war.

After all, you and your friends are convinced that the average person is too dumb to govern themselves. The masses need an elite class to step up and save the world with benevolent top-down control of everyone’s opinions and spending behaviors.

Like anyone who reads nonfiction, you realize how easy it would be to usher in a top-down government similar to China’s if you and your banker friends could micromanage each individual’s money with a Central Bank Digital Currency (CBDC).

With that flexible tool, you could bankrupt evil corporations by instantly enforcing tax regulations designed to take down dangerous niches of capitalism, starting with those upstart platforms that allow free speech. They have to go, because the average person is not smart enough for unprotected thinking. Your banker friends agree.

And with the micromanaging power of a CBD Currency, your elite class could gently herd the holdout pro-democracy folks away from their failed sacred-cow system, starting with a stoke of a computer key that prescribes the medicine of negative interest rates upon all (central) bank accounts with low “social scores.”

Looking globally, you notice that the Central Bank Digital Currency in China is already taking root, but here in the US we’ll teach the Chinese Communist Party a thing or two. We won’t have any public protests, bank holidays, or crashing real estate and stock markets. Business cycles will become a footnote in history books. Just imagine…

With everyone’s “social scores” reflecting their purchasing patterns, online interests, and the words they’ve read and written, Central Bank Owners will be able to tailor financial rewards and punishments in a fair and efficient way. When the economy gets too hot and inflation fears arise, you will be able to instantly reward personal saving at the individual and corporate levels, cooling things down. When the economy slumps, you’ll be able to reward spending on just the right things to avoid recession. It will be a modern monetary theory wet-dream utopia.

Eventually people will realize that they don’t need to own things in order to be happy. You and your wealthy friends have already learned this sad lesson the hard way, by actually owning everything money can buy and still feeling miserable.

But this current opportunity to save the masses from themselves with CBD Currency and the re-emergence of rational top-down government in the West has been like a shot of B12 in the buttocks. You have new energy, a higher purpose, and an opportunity to implement a life-affirming revolution-without-blood.

Fortunately your friends have years of experience in manipulating voting patterns in the US by increasing political polarization and hatred via mainstream TV “programming” designed from the top down to control both political parties. The magic of “molding public opinion” has taught you one thing for sure…

If you want to kill an idea, attach it to one of the two main political parties. It doesn’t matter which one. You can flip a coin.

So try and imagine that all the above reflects your thinking. Now take an unpleasant and brief listen to as much of the video (linked here in orange) as you can tolerate.

Apparently the coin came up tales at the WEF, and someone must have decided to attach the love of freedom and democracy to the Republican Party and somehow NOT to the party that incorporated the word democracy into their name.

I can just hear some elite bankster chuckling, “Let’s have those Republican fellows be the ones who want to save democracy. The irony will absolutely slay our comrades.”

Personally I wouldn’t be surprised if the man, James G. Rickards, in this video (linked in orange above) is exactly who he says he is, a hugely connected insider. I wouldn’t be surprised if he’s sincere and may even believe he’s selling (for $49) a newsletter that will preserve a person’s financial freedom after the CBD Currency becomes a reality of top-down control by WEF graduates who have become US Politicians. As best I can tell, Mr. Rickards is right about a great many things, and perhaps his newsletter is worth something, but…

Even if he’s sincere and correct about every alarming thing he says will happen soon in the US, he’s playing right into the hands of the World Economic Forum’s agenda by promoting the absurd lie that Republicans love democracy more than Democrats.

That lie, that deliberate misinformation, is the primary brainwashing tool that the WEF et. al use in the USA to stop half the population from noticing what the WEF is openly promoting: their agenda of Central Bank Digital Currency and totalitarianism. It’s not a conspiracy theory despite what the Wikipedia says. Here’s how the WEF founder, Schwab, sums up the WEF agenda…

“You will own nothing and you will be happy.” – Klaus Schwab

The only way the WEF can hide what they’re openly doing is by attaching the idea of loving democracy to one party, especially at a time like this when anything one party likes or wants, the other automatically hates or dismisses.

We’ve become like chronically dysfunctional siblings…

“You like blue? Fine, I hate blue.”

“Well, I hate you.”

“I hate you, too.”

“Mom! Cloe stuck her tongue out at me again!”

Here’s another right-wing voice helping the WEF accomplish their political goals by foolishly promoting the WEF’s misinformation (calculated lie) that liberal voters don’t love democracy as much as conservative voters…

The lie that only conservatives love democracy makes things easy for the World Economic Forum because the stage has already been set for liberal minds to emotionally reject anything labeled “right wing conspiracy theory.”

Everybody and their dog “knows” that all conspiracy theories are inherently false, even the ones where the conspirators openly discus their plans on video the way the World Economic Forum is now doing.

But don’t we really need a Reset?

Yes, we absolutely do, but not the WEF’s version. We need to vote together across the aisle, Democrats and Republicans rejecting the mainstream narrative that we’re polar opposites in some way.

Doesn’t the US’s perversion of capitalism need fixing?

Yes, in a big way.

Aren’t Washington’s policies (of both the Republicans and Democrats in DC) killing the middle class by printing and spending too much money thereby reducing the buying power of the dollar?

Yes. Every decade for as long as I’ve been alive, the middle class has become poorer. Ninety-nine percent of voters don’t want this to continue. Your political party is totally irrelevant here.

Isn’t the revolving door that takes politicians (from both parties) out of public service and into the payrolls of mega-corporations they’ve favored while in office… isn’t this the very reason DC represents the military-industrial complex and ignores “we the people” of the middle and lower economic classes?

Yes, that’s the problem exactly. Not one Democrat or Republican outside of DC wants this repulsive anti-democratic situation to continue. Not one. It should be against the law.

And it could be, if only…

We must gang up, Democrats and Republicans, and all vote together to remove ALL DC politicians from office, every last one of them, clearing out both sides of the aisle and replacing these compromised failures with people who see the problems and run on platforms of fixing DC immediately with new sweeping laws such as a simplified (and therefore fair) tax code with NO loopholes for any big businesses, term limits for everyone in DC including the secret service leaders and those in lifelong power at the Department of Defense, and laws against the revolving corporate door of employment for semi-retired politicians who have sold out and abandoned their voters in exchange for a cushy job lined with cash and bonuses.

I’d bet that for every (mislabeled) “Democrat” who wants a totalitarian takeover of the US government via CBD Currency and its micro-controlling surveillance potential, there are at least several million real Democrats who would oppose any such Orwellian nightmare… if only they hadn’t already written off the whole anti-CBD Currency topic as a “right-wing conspiracy theory.”

Central Bank Digital Currency is at least as bad as advertised by the wildest of “right-wingnut conspiracy theorist,” all you have to do to know this for yourself is to open your eyes and ears to what the WEF is saying to the voting public.

Today more than ever, Democrats and Republican desperately need each other. We need to talk respectfully across the aisle about big-picture issues, things we already agree upon. We need to admit to ourselves how our thoughts and emotions are being manipulated daily by the sold-out TV “news” media on both political sides while compromised social media platforms have become addicted to the power of censorship.

We voters may have a window of several years in which to learn to talk across the aisle with love and respect, finally learning to thumb our collective noses at ALL mainstream media outlets (on both sides) and vote together in mass to save democracy from CBD-Currency totalitarianism as envisioned and promoted by the WEF and practiced now by the Chinese Communist Party and their top-down wealthy “stakeholder” elites.

…

Free Currency Love,

Morrill Talmage Moorehead, MD

PS. Feel free to share this post across the political aisle with an old friend who doesn’t speak to you anymore because you perhaps belong to what he/she considers the “evil” political party. News flash, regular people are not evil. We’re simply living in a state of prolonged emotional manipulation aimed at creating mutual opinion rigidity and distain for the other side. It’s time to break free from the spell and vote all the incumbents out.