is the fed driving the equities market?

i visited and read a post at information arbitrage

regarding the article

"barking up the wrong tree"

the authors defense of the equities market made no sense to me and i submitted comments

which may or may not get posted on the site

pending administrative "approval"

where i quired the author as follows:

you seem to be claiming that equity markets are level, open and fair

furthermore you separate these markets from what you see to be more egregious behavior committed in other markets

would you please responds to 3 of my concerns

do you see any evidence that major brokerage firms making big profits by front running the buy and sell orders of their clients? for example goldman seems to have generated a plus 90% success rate in playing the market during Q3...a mathematically extraordinary event!

consumers who are 70% of the economy are tapped out, no longer can get much in the way of home equity lines of credit, and are paying down debt and saving and in general consumers are pulling way back and yet the stock market booms while P/E ratios are way up over 125...does the fed use primary dealers to indirectly enter the equity markets and effect the market price of individual stocks and even entire sectors of the market such as banking? how can the equity market moves of the past 6 months be justified?

even without a "pecora commission" there is evidence that the price of lehman stock was destoyed by people who purchased credit default swaps against lehmans demise an then those same people drove the stock down with naked short selling...is this you idea of a fair and balanced equities market? or do you dispute this happened?

thanks in advance for your responses
best wishes
mock turtle