COME BACK, LITTLE PLUNGE PROTECTION TEAM.

REREAD YOUR CLASSIC FAVORITES HERE:

With the recent market meltdown and financial freefall, many are throwing animal bones, divining goat entrails, or supplicating at the Wasilla, Alaska Assembly of God for financial comfort and market guidance.

The more cynical are asking where is that most evanescent of economic enigmas, the Plunge Protection team?

By way of background, the Author first posted on the PPT in his post almost three years ago in a post entitled “Is Uncle Sam Manipulating the Stock Market?”

Later, in the summer of 2006, the topic of the PPT came up in poolside chatter. A friend said that the PPT would intervene to prop up the then-declining market, and a commodity trader that was present concurred with the sentiment. This was addressed in the post of June 1, 2006, entitled “REMEMBER THE “PLUNGE PROTECTION TEAM”?

At the time, the Author feared that the PPT was monitoring his website for vaguely defined “sinister and unstated reasons”. But it should be noted that the Author's medical providers were "adjusting" his medication at that time for equally "sinister and unstated reasons".

AND THE PPT YET AGAIN.

The Author again addressed the PPT in a post August 24th, 2007 entitled “The Opaque Hand of the Plunge Protection Team”.

For the record, the Author is suspicious of the existence of the PPT. But there appears to be credible arguments for its genuineness. He reposts this all-time favorite to drive traffic to his blog.

NEW MEXICO IS RIGHT NEXT TO THE DESERT OF THE REAL. DOES THAT MAKE THE AUTHOR THE LIZARD KING?