Monitoring pop media outlets for the latest stories for public consumption on why markets move the way they do (reality by narrative)--a variable for determining market sentiment at the margin, I heard a presenter say that the strengthening dollar "is also due to the big drop in oil prices."

You may recall I spent a lot of time debunking the "weak dollar causes the high price of oil" hypothesis.

According to this hypothesis, the stronger dollar should be the cause, not the effect, of falling oil prices. For an economic planner, any business person, this is a BIG difference. It makes you have to chase the momentum to hedge the input prices. Don't do that! It's a trap...a liquidity trap!

The only reason markets are moving up or down is solely because of the movement of an overconsolidated (an illegitimate) capital. It is not the operation of a legitimate free market. The beneficiary is the consolidated capital.

Now that the big hoax on what drives the value of a barrel of oil and the massive consolidation of the wealth occurred (victims including small businesses that now can't borrow to survive due to the liquidity crisis), we get the real story on the retrace as we experience the weak dollar recovery heading into the November election.

Now is the time to mix some truth with the lies to give your game some credibility. It's nothing but a cheap con game. The only reason it was successful is because it had the force and legitimacy of government authority.

Time for that to change!

Obama 2008!