The insiders are selling heavily..Bernanke points to “Increased possibility of a sudden fiscal crisis”

Corporate insiders are now selling their companies’ stock at a rate not seen since late last July.

That’s a scary parallel indeed, since that late-July spike in selling came just days before one of the more painful two-week periods in the stock market in years.

In early August, as you may recall, the U.S. government lost its triple-A credit rating, and the bottom dropped out of the stock market. Between the last week of July and the second week of August, the Dow Jones Industrial Average DJIA +0.05%   dropped 2,000 points.

To be sure, heavy insider selling doesn’t always lead to this much market weakness, or this immediately. And there were a lot of other things going on last summer that aren’t present today.

Still, on the theory that corporate insiders — officers, directors and largest shareholders — know more about their firms’ prospects than do the rest of us, it can’t be good news that they are selling at such a heavy pace.

Federal Reserve Chairman Ben Bernanke said that the current trajectory of the federal budget – marked by large annual deficits – was “clearly unsustainable” and that “serious economic consequences” could result.

“Having a large and increasing level of government debt relative to national income runs the risk of serious economic consequences,” Bernanke told the Senate Budget Committee Tuesday.

“Even the prospect of unsustainable deficits has costs, including an increased possibility of a sudden fiscal crisis. As we have seen in a number of countries recently, interest rates can soar quickly if investors lose confidence in the ability of a government to manage its fiscal policy.”

Bernanke said that while nobody knows when a fiscal crisis will come, it is surely “ever closer.”


you cant say you havent been warned..they are telling us every week..dont be prepared..


~ by seeker401 on February 13, 2012.

32 Responses to “The insiders are selling heavily..Bernanke points to “Increased possibility of a sudden fiscal crisis””

  1. “Increased possibility of a sudden fiscal crisis” Increased possibility…I suppose that is the new catchword meaning enevitable. Sort of like a “Credit Event” Like a thief in the night. No one knows when, but it will happen.

  2. February 18th 2012 Consistory – Timmy Dolan will become a Cardinal along with 21 church leaders who will receive red birettas, the three-cornered hats, and a ring, signifying that they have become cardinals, the newest princes of the church. Interesting the countries they come from imo.

    There is a Rome Pilgrimage of the Knights of Malta who will attend the ritual too

    • “are to receive red birettas, the three-cornered hats, and a ring, signifying that they have become cardinals, ”


  3. “Bernanke said that while nobody knows when a fiscal crisis will come, it is surely “ever closer.”

    BULLSHIT! Bernanke and all the ‘kings’ men know exactly when the crisis will come.

    • they know..the proof is the insiders getting out of a “rally”

    • When Bernanke is negative about the markets is probably a buy signal…. Remember all the talk 2007 and 2008? All positive.. Just sayin

    • “You never want a serious crisis to go to waste.” Especially one you’ve created. I wouldn’t buy right now even if Bernanke is negative. Everything is artificially propped up at the moment with printed money, they won’t be buying til everything tanks. I wonder how many are taking large short positions on the market? Selling on a high is understandable, especially since Bernanke is negative, no? Gold is still high too, could they be promoting fear and doubt in the markets to make it tank while gold rises… then when more and more people become convinced and move their money over…. that’s when gold will tank, or maybe they’ll make it illegal to own gold again.

    • nnnnnnnnnnnnnnnnnnnnnnow.

  4. This is a long speech, given at the Pontifical Gregorian University by the Chief Rabbi Lord Jonathan Sacks in December of 2011 regarding the markets…their world ownership/slave-master mindset is incredibly arrogant. It’s well worth the read if you want to see how religion controls the market.

    Has Europe Lost It’s Soul?

  5. I fail to see how religion controls the market in that speech. While I agree the Catholic Church has tremendous influence on the world, they have created their own religion separate from Chrisitianity. This church is mega-wealthy, but they have forgotten how Jesus told the rich young man to sell all his possessions and follow Him and that it is “easier for a camel to go through the eye of a needle than for a rich man to enter the kingdom of God”. (Mark 10)

    They hide evil committed against children, yet they forget that “Whoever causes one of these little ones who believe to stumble, it would be better for him if, with a heavy millstone hung around his neck, he had been cast into the sea.” (Mark 9:42)

    People like to blame all the world’s problems on religion. It’s not religion, it’s people who are not following.

    How will you know false Christians? By their fruit:

    “Beware of the false prophets, who come to you in sheep’s clothing, but inwardly are ravenous wolves. You will know them by their fruits. Grapes are not gathered from thorn bushes nor figs from thistles, are they? So every good tree bears good fruit, but the bad tree bears bad fruit. A good tree cannot produce bad fruit, nor can a bad tree produce good fruit. Every tree that does not bear good fruit is cut down and thrown into the fire. So then, you will know them by their fruits.
    “Not everyone who says to Me, ‘Lord, Lord,’ will enter the kingdom of heaven, but he who does the will of My Father who is in heaven will enter. Many will say to Me on that day, ‘Lord, Lord, did we not prophesy in Your name, and in Your name cast out demons, and in Your name perform many miracles?’ And then I will declare to them, ‘I never knew you; DEPART FROM ME, YOU WHO PRACTICE LAWLESSNESS.’
    “Therefore everyone who hears these words of Mine and acts on them, may be compared to a wise man who built his house on the rock. And the rain fell, and the floods came, and the winds blew and slammed against that house; and yet it did not fall, for it had been founded on the rock. Everyone who hears these words of Mine and does not act on them, will be like a foolish man who built his house on the sand. The rain fell, and the floods came, and the winds blew and slammed against that house; and it fell—and great was its fall.” – Matthew 7:15-27

    “Blessed is a man who perseveres under trial; for once he has been approved, he will receive the crown of life which the Lord has promised to those who love Him. Let no one say when he is tempted, “I am being tempted by God”; for God cannot be tempted by evil, and He Himself does not tempt anyone. But each one is tempted when he is carried away and enticed by his own lust. Then when lust has conceived, it gives birth to sin; and when sin is accomplished, it brings forth death. Do not be deceived, my beloved brethren. Every good thing given and every perfect gift is from above, coming down from the Father of lights, with whom there is no variation or shifting shadow. In the exercise of His will He brought us forth by the word of truth, so that we would be a kind of first fruits among His creatures.”
    “This you know, my beloved brethren. But everyone must be quick to hear, slow to speak and slow to anger; for the anger of man does not achieve the righteousness of God. Therefore, putting aside all filthiness and all that remains of wickedness, in humility receive the word implanted, which is able to save your souls. But prove yourselves doers of the word, and not merely hearers who delude themselves. For if anyone is a hearer of the word and not a doer, he is like a man who looks at his natural face in a mirror; for once he has looked at himself and gone away, he has immediately forgotten what kind of person he was. But one who looks intently at the perfect law, the law of liberty, and abides by it, not having become a forgetful hearer but an effectual doer, this man will be blessed in what he does.”
    “If anyone thinks himself to be religious, and yet does not bridle his tongue but deceives his own heart, this man’s religion is worthless. Pure and undefiled religion in the sight of our God and Father is this: to visit orphans and widows in their distress, and to keep oneself unstained by the world.”
    – James 1:12-27

    • all jews, christians, and muslims are imposters and their synagogues, churches and mosques are all houses of lies. abraham, moses, jesus and all the rest were black ethiopians and nubians.

      that day will come
      when I shall stand
      and see all those wicked men
      in the fiyah gettin burned

      • There are many true believers out there, and I am one of them. What you’re saying is clearly not true. I hope nobody believes you and now knows not to believe much of anything you say.

      • indeed, that’s exactly what i would expect from a fake christian when the history of fake christians shows nothing but murder, rape, and theft. the reason it’s called ‘the missionary position’ is because that’s how missionaries rape people.

        what you “believe” in is pure untruth. jews are not descended from the biblical hebrews. and that garbage you spout off about regarding jesus is bunch of made-up, white supremacist nonsense. muslims are simply yesterday’s communists – poor people rounded into authoritarian doctrine in order to profit from them and control them.

        all based on lies. all enforced with violence and deception.

        “(moses) passed as pharoah’s grandson, so he had to look just like him” – not that basic logic was ever considered by any “true believers” of aforementioned lie-based religions. what you believe is “clearly” not true.

      • You make a lot of claims here yet it’s hard to follow what you’re actually saying. You would expect a fake Christian to quote the Bible pointing out how you would know a fake Christian? Interesting. I’m not sure how any of what I was pointing out is white supremacist nonsense. All people are equal under God, everybody has sinned and everybody needs Jesus. Also, I’m quite certain that many supposed Christians, most notably the Catholic church, who were actually wolves in sheep’s clothing, have used the Bible to further their own agendas and to kill many people. But if these people aren’t doing what the religion says, then they aren’t part of that religion. Christians are told to love their enemies, pray for them, do good to them. “Do not be overcome by evil, but overcome evil with good.” – Romans 12:21

        • i dont know how you can be a fake a christian xxx..if they are christian they are christian..wether you agree or not..

      • I’m a xxx fan : – )

      • Oh and ya, it’s looking like we are climbing the “wall of worry”… As the Bernanke talks gloomier, the markets get happier.

  6. MP said

    “Also, I’m quite certain that many supposed Christians, most notably the Catholic church, who were actually wolves in sheep’s clothing, have used the Bible to further their own agendas and to kill many people.”

    Evangelicals are wolves too, as are all religious Organizations who work together to deceive the people. The whole system is corrupt, yet there are always people who ‘think’ they are doing the right thing..they are the ‘learned’. Those teaching, are the deceivers and too many of the flock eat it up lock, stock, and barrel, instead of searching out the truth, and seeing for themselves how contradictory their religious organizations actions are from the bible.

    You blamed the people MP in another post, but for the wrong reasons, it’s their fault for sitting in a pew being told what the book means, being indoctrinated into believing that only a few were chosen by God to survive, while some were meant to be blown away for some minerals or oil or fancy hotels and trade routes, and the rest who conformed, were meant to be slaves to the chosen ones. Where’s the ‘free will’ in that? How can you claim to follow God, when you give up your ‘free will’ to another man/organization?

    If all men were created equal in the eyes of God, then those who have elevated themselves to towers of power must be the bad guys, no? All men being equal means just that…..there are no men over us, and no men beneath us. Who are these men who believe themselves to be the hierarchy of the church, or the king of the land, and who made them so? They did…they declared it. Those with the ‘wisdom’, who know what’s good for all of mankind, but the scales sure aren’t balanced for the commoners, but for the ‘common good’….

    ‘They’, these men of wisdom, always blame the people, regardless of how horrible the conditions are to survive in this hell hole ‘they’ve’ created and we have allowed. There, is ‘our sin’, in subjecting our lives to other men.

    Blaming the people for the consequences caused by the ‘chosen ones’, is a Neo-con, Communist, Marxist, Socialist, Evangelical, Catholic/Jesuit/Zionist, Islamic psyop, and I am amazed at how many people out there buy into this scam. How many people do you know, that want or choose to live in poverty or terror? How many do you know that want or choose to live in an area of hopelessness and starvation, created by the haves, for the have nots? They keep saying everyone has the same opportunity, but that’s a damn lie….especially when those at the top keep changing the rules of the game in the democratized countries, while keeping the people poor and hopeless in the emerging nations.

    When the ‘chosen ones’ greed goes into overdrive, they ‘allow’ those poor to come into other countries to work, as illegal, or undocumented immigrants, while the church pretends to protect them, care about them, throwing them crumbs while keeping them indoctrinated, and indebted to their ‘masters’…and the same ‘wise guys’ media, makes sure that those who are legal know that it is the undocumented people’s fault that there are no jobs for them…..perpetrate and keep the hate going.

    A fake Christian, one who doesn’t understand “Get OUT of HER my People! You don’t need organized religion to follow the Creator’s plan. You need to understand how we were meant to treat one another, simple.

    You can’t be part of this system or their ‘congregation’ and then call yourself a follower of Christ/God. This system is ‘satanic’. It’s the Babylonian system and the pagan Roman system.

    you quoted
    ““Do not be overcome by evil, but overcome evil with good.” – Romans 12:21” supposedly written by Paul with the help of Tertius the scribe.

    Did you ever notice how the system is set up for the common guy to forgive the evil one, over and over again? Did you ever notice how our so called Christian-Judaist presidents, keep failing the people over and over again? Or our justice system? How can these FAKE CHRISTIANS, Catholics and Jews, keep failing the common people? It’s by design..its set up that way.

    The scribes were the copyists of Scripture and teachers of the Law. The name is derived from sepher, or “book” and means scripturalists – those who explained and copied the law. Their functions were to copy, read amend, explain, and protect the law.

    The scribe keeps record of work done and goods paid, of prices and costs, of profits and loss; he counts the cattle as they move to the slaughter, or corn as it is measured out in sale, he draws up contracts and wills, and makes out his master’s income tax.

    The Scribes (Hakamin, learned) were not a sect but a profession; they were ‘scholars’ learned in the law, who lectured on it in synagogues, taught it in schools, debated it in public and private, and applied it in judgment on specific cases.

    A few of them were priests, some were Sadducees, most were Pharisees, they were, in the two centuries before Hillel what the rabbis were, after him. From being transcribers and expounders of the Law, they supplied, after the captivity, the place of the prophets and the inspired oracles, which had ceased; and from them arose those glosses and interpretations which the Lord rebukes in the bible under the term “traditions.”

    A Pharisee as a scribe was a man especially trained as an expert in the Torah.

    Those ‘scribes’ today, would be called lawyers and probably ‘accountants’.

    I wouldn’t trust a lawyer today to tell the truth, nor to look out for my best interest, anymore than I believe that Arthur Anderson was looking out for the shareholders interests in Enron, because they work for their ‘masters.’

    “The Lord reproved the Scribes and Pharisees for so very carefully paying tithe and mint but neglecting good works. Forgiveness, especially when applied to the obviously ‘unworthy’, is a direct threat to any purely legal system. The scribes, when they heard the assertion of forgiveness, faced only two alternatives; either they had to declare unending war on Christ or they had to learn to say humbly with the publican of the parable, “God be merciful to me a sinner”.

    Their decision was to declare war, a war which ultimately led to the crucifixion, and their first warlike act was to accuse Jesus of blasphemy. ”

    The Pharisees and scribes only added to people’s suffering by enforcing law over mercy. ( Whose laws?)

    Today, our ‘Christian/Jewish leaders are more worried about making more rules, regulations, and schemes, instead of easing the burdens of the people; which makes these FAKE CHRISTIANS and FAKE JEWS just like the Pharisees and scribes of Jesus’ day.

    We don’t know the ‘real’ truth, it’s been re-interpreted, changed and revised, and used to control us. And if there is truth in the bible, then there must be lies in the interpretation, because those who teach the word, don’t follow it.

    Do no harm or Do unto others, as you would have them do unto you. Who needs an organization to understand and do that?

    • I wouldn’t say all religious organizations are working to deceive the people. I was at a church last Sunday where the preacher taught about the difference between a follower of Jesus and a fan.

      “If anyone wishes to come after Me, he must deny himself, and take up his cross daily and follow Me. For whoever wishes to save his life will lose it, but whoever loses his life for My sake, he is the one who will save it. For what is a man profited if he gains the whole world, and loses or forfeits himself? For whoever is ashamed of Me and My words, the Son of Man will be ashamed of him when He comes in His glory, and the glory of the Father and of the holy angels.” – Luke 9:23-26

      There’s no mention of being a slave to some chosen person anywhere in the Bible. I give up my free will to Jesus to follow Him. I have a relationship with Him regardless of what any preacher says. They are only men, I follow the living God. Now, each person in God’s church is equal and has a role to fulfill, according to the gifts given to each person. Some preach, some serve, some give, some lead, some heal, etc.

      I’ve never heard anyone say they “have the wisdom” so everybody must listen to them. God gives wisdom to those who ask for it and believe, without finding fault. Not so those who have it can manipulate others and put themselves above everybody else. Every person has their own blame, and not anything that is unique, but that which is common to all people. Sin so easily entagles anyone if you’re not careful and not holding on to the truth.

      You said, “How many people do you know, that want or choose to live in poverty or terror? How many do you know that want or choose to live in an area of hopelessness and starvation, created by the haves, for the have nots?”. I can confidently say I know of many missionaries who put themselves in harm’s way on purpose, sacrificing their lives for other people to show them God’s love and mercy. Don’t you understand that to give up your life is out of gratitude, it’s not to earn your way in to heaven. There is no earning your salvation, it’s a free gift. In response, and out of gratefulness, Christians obey God according to their faith.

      I’m not sure how you lump in Christianity with the current systems of government. Nor do I see how you can say that Christianity is set up so the common guy has to forgive. We all have the same rules according to the Bible, there is no difference. Jesus life is the example we are follow.

      I’m not sure how you can say we can’t know the truth from the Bible. Though men have twisted it and interpreted it wrongly, we have all the original manuscripts, scrutinized by many scholars. I was just in a Christian bookstore yesterday where they have Bibles available showing the original Hebrew, Greek, and Arabic against the English translation. If there was a problem or an inconsistency, we’d know about it. The finding of the dead sea scrolls confirmed it again.

      It is sad that many don’t follow but such is the days we are in. You will know a real Christian by his or her actions.

  7. seek said: “i dont know how you can be a fake a christian xxx..if they are christian they are christian..wether you agree or not..”

    it’s simple. if you are your family are peacefully living in a zorastrian village, and me and my ugly tribal mates come down from the mountains, kill you all, and start living in your houses … and then we proclaim “we’re zorastrian!” … well, we’re a bunch of fake-ass zorastrians… if we have children and pass these lies on to our children generation after generation – it’s still lies!

    you will find this over and over again in western history. the exodus, for example, most likely occurred to the hyksos, not to the ancestors of a bunch of white people from the caucus mountains. even in the US, i was taught, in my west texas public elementary school, that one reason the US form of government was uniquely american was that it was inspired by the iriquois federation. people live in native-named towns and often proudly proclaim indigenous blood.

    crap.. more to say but out of time for now…bbl

    • ok i think see where your coming from..

      i look at it like MP said..your actions define you..if you say you are something then live it..and that can be applied to all beliefs and religions..

      When you don’t you are faking it.

  8. Just to rehash this…. It’s been well over a month and look at this rocket ship. We are headed even higher. I would be stacking silver American Eagles and Canadian Maples right now. That is what I am doing for my “savings”, do not want to have that shitty fractional reserve notes at all. I keep around 2k in FRN’s and the rest in silver buillon/coins.

    Good luck everyone, and here’s a great link for survival stuff. I am going to do a LOT of camping and practicing this year.

    • !! thanks for the heads up wiredpirate, coming from you makes me feel like it finally ‘is’ coming this time. 🙂

      Good luck to you and yours too m, damn I hate the idea of the little ones going through this crap. You’re a good dad to be practicing now.

      • Whether it happens or not. Never a bad idea to have the skills necessary for a bad circumstance. Even if you get stranded somehow in bad weather, etc. Just good life lessons in case you cannot depend on the stream of supply that can be shut down pretty quickly.

    • i’ve been trying to take this market short since december. currently looks like 1414 could stick. i have a low marked in may/june, but the market would have to fall fast for us to see that.

      be careful with PMs. there is much manipulation. physical is your hands is the only way to go. but i still think the dollar is going to shock everyone.

      rule of thumb: things we need (food, energy, dollars) will go up in price. things we have (primarily real estate, but also PMs and stocks) will go down in price. since the goal is to transfer wealth upwards, that should be the way it plays out. note that that’s the opposite of what you’ll hear on most alt media, which is all about inflation (instead of biflation/deflation) and stacking PMs.

      PMs are the wildcard, imho, and could go either way. always accumulate when there’s a good deal to be had.


        You think this will do a repeat of 1981? Where Silver just crashes back under 10 dollars? Or do you think it could be different “this” time : – ). The environment is definitely different this time with the flooding of fiat in unprecedented amounts in the past 10 years (and speeding up as we speak).

        And yes, of course I am stacking physical. If you don’t hold it, you don’t own it.

  9. agreed for sure

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