If the Fed rescinded the "mark-to-market" rule,
the financial crisis would have ceased to exist.
Except, of course, the financial crisis at
Fannie Mae and Freddie Mac which chose to
guarantee some $800 billion in bad ACORN
arranged loans, many of them to home buyers
who were buying home with generational welfare
checks (and you thought that all went away in 1995).
Many ACORN-arranged loans went to people
without any real earnings and should never have
even been considered for a loan,
let alone granted one.
On Feb. 24,
the Securities & Exchange Commission
voted on new rules they claimed would
limit short selling.
The new rule curbs short selling
once the value of the stock of any
company under attack by short sellers
falls 10%.
When the 10% threshold is reached,
traders can only execute short sales for
the stock at a price above the market's
best bid.
That ends short selling for the moment,
and offers a modem of protection for the
stocks that are currently being devastated
at will.
Needless to say,
the big financial conglomerates like AIG, Citibank,
Goldman Sachs, JP Morgan Chase, Morgan Stanley
and others who own hedge funds like Goldman Sachs
Group, Inc., Citadel Investment Group, LLC, and D.E.
Shaw are not happy that SEC Director Mary Schapiro
has decided to mess with their favorite pudding jar-
short selling, since that's how they generate
fast revenue.
They rob your 401K.
Short selling is the legalized theft of the retirement
investment portfolios of the working class by selling
the value out from under the stock
http://www.newswithviews.com/Ryter/jon317.htm
If Americans come to an understanding of the
threat and face the challenges squarely, the
deceptive Commie fraud of
Sustainable Development will
be exposed to the light.
America will rise to restore liberty through an
orderly transition directed by reason and respect
for the dignity of individual determination.
We; you and me, are charged with protecting the
ideals of liberty and its corollary; private property
http://www.newswithviews.com/Shaw/michael126.htm
Commie TECHNOCRACY
AND THE Commie GLOBAL ELITE
http://www.newswithviews.com/Wood/patrick134.htm
The current attempt by today's Commie
White House Administration to impose more big
government on the American People by way of
the "single payer option" for healthcare is as
unconstitutional as gun confiscation or the
elimination of free speech.
Commie Obamacare will be funded with a
'health care' surcharge on the today's income tax,
which constitutes an unapportioned direct tax on
the wages and salaries of the American People,
not allowed by our Constitution
http://www.newswithviews.com/Hart/phil100.htm
THE HORRORS OF Commie
SOCIALIZED MEDICINE UNCOVERED
http://www.newswithviews.com/NWV-News/news189.htm
The Communist Hell Care Coups
http://blog.heritage.org/category/health-care/
The Energy and Environment Coups
http://blog.heritage.org/category/energy-and-environment/
The Commie Coups Against
Domestic Free Enterprise
http://blog.heritage.org/category/enterprise-and-free-markets/
Exposing The Enemies
Of Domestic Free Enterprise
http://thefreeenterpriser.blogspot.com/
