May 28, 2009
You have enough info...just do something and do it unexpectedly and you will see the consequences.
BS that you have strong agruments from both sides....you have strong agruments from the crooks that job the system...
Its easy.....look at the problems in the economy today....it was ALL caused by people selling things they don't own
Nothing more.....
Fix it.
People can sell puts....but that means they have to BUY something.....
People selling things they don't own:
Commodity speculators...sell contracts they can accept delivery on
Naked short sellers...selling stock they don't own(no cost to them)
Real Estate--buying properties or better yet...mortgage brokers selling loans to people who can't repay...then selling mortgages to others.
Credit default swaps: BETTING pay premiums on failing bond issues and companies...then allowing them to short those companies to death until they fail.
ELIMINATE THE ABILITY TO BORROW SHARES....COMMON STOCK OWNERSHIP SHOULD MEAN SOMETHING...INVESTORS PAY FOR THE PRIVILEDGE TO OWN COMPANIES.
SHORTS DON'T HAVE TO PAY TO RUIN THEM AND PEOPLE SUPPOSSEDLY LOAN THEM MY SHARES TO DO IT WITH....BUT USUALLY NOT...THEY DON'T EVEN HAVE TO PROVE THEY CAN BORROW....
I GIVE
YOU WILL DO NOTHING BUT PROTECT THE GUYS THAT GIVE YOU ADVISE ON HOW BEST TO RIG THE SYSTEM
BRUCE