Why the Market tanked today

Besides the obvious the market is waaay overbought. The powers that be; the FED, and Wall Street collusion (big banks in the oligopoly working closely with the FED) require people to be forced into buying Bonds.

The FED is does a high-wire balancing act between propping up the DOW (how they do this will be explained in another article) and keeping rates low (by allowing the DOW to drop so people are forced into buying bonds). The FED needs rates to be low as Mortgage rates are tied to the 10yr bond. Low mortgage rates = people are more likely to buy overpriced homes. People buy more homes = good for the economy. Low rates = hides inflation that we all know exists (FED can't have inflation as it shows the world they are failing at doing their supposed job). If rates increased (or bonds sold off) it would kill the housing market that much more and the FED can't have this. The FED absolutely refuses to allow this to be a free market economy, so they will do all they can to get people to buy bonds so rates remain low (bond prices and interest rates are inversely correlated).

Unremarkably bonds rallied hard today as the market collapsed. The FED was very pleased with this (as they helped orchestrate it). The market has run up plenty to give the sheeple the illusion the economy is strong (yeah right) so they need interest rates as low as possible to keep mortgage rates low as possible so sheeple get excited into buying homes which are still grossly overpriced. With the help of the NAR, the view is the entire economy rests on the US housing market, so the FED will do all it can to support it. The FED won't raise rates before 2010 (probably 2011), if at all (like Japan). So the bond market will remain strong (to keep rates down). At some point the FED will revisit the balancing act to prop the DOW back up to keep the sheeple in line and happy.