Bob McGregor

U.S. Can Blame Wall Street - Who Should Everyone Else Blame?

Interesting how waf76 links CNBC aiding short sellers. For some time their guests have been a one way street at the same time demolishing CNBC parent company GE which has halved over the past 3 months; so I guess karma is taking care of them [CNBC].
But the "Insider" links have such influence with the decision makers I cannot see any real change occurring, at least not until the new administration takes over. Even then it will have little impact as all the policies the Insiders wanted in place are now there which will help emasculate any real change a new administration may hope to implement.
We will be aware some real change is about to occur when the following is implemented:
1] Reintroduction of the short selling [SS] uptick rule
2] Transparency is demanded of the SS by forcing them to report ALL scrip borrowed SS daily and it is PUBLISHED and made available to the market DAILY.
3] A 15% limit is placed on the amount of a company that can be SS to curtail predatory SS cartels bringing companies undone.
At the moment it is a one way street in the SS favour.