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  • What Pushed the SEC to Tighten the Rules - Now? [View article]
    Making it a requirement to provide documented evidence that the Short sellor has permission to sell the stock is in pending legislation. If passed this will end the sell of stock or company shares by third parties without the shareholder's permission. There is pending "lending" restrictions as well.... Congress is under the pressure in both parties of loosing their seats/standing in up coming elections this year and next year, yes they bend to lobbyist, but not when their own jobs and party control of Congress is suspect.. so, this may be one positive coming from an election year... that commonsense laws get passed for a while..
    Jul 18 09:26 am |Rating: 0 0 |Link to Comment
  • What Pushed the SEC to Tighten the Rules - Now? [View article]
    Did the SEC drop the ball??? I downloaded the FDIC yearly reports for 2005 and 2006, just looking at the report on the Alantic region alone said this was foretold in their own reports and the numbers that they posted in these reports.... Everything peaked in mid 2005 and started a very sharp decline..... one that never stopped.
    Jul 17 18:45 pm |Rating: 0 0 |Link to Comment
  • What Pushed the SEC to Tighten the Rules - Now? [View article]
    ALL transactions on the market should be restricted to verification/documenta... of actual capital/ownership in hand.... whether it is short selling or just plain borrowing money from a bank on a personal loan to buy stock. (Legal Short selling requires that dividends payed to the borrower be paid to the actual holder...this same concept has fueled states to pass laws prohibiting the use of credit cards to buy lottary tickets, or if winnings are discovered on a lottary ticket bought on credit the Credit Card company files a claim against the winnings.) This liquidity is of no benefit when compared to the artificial infaltion it creates and how it devalues currency..... If person "A" has $50 and he loans it to person "B", and person "B" loans it to Person "C", and you keep this cycle up, but each loan is agreed to upon the basis of interest and with penalties..... the Market records each of these transactions as individual $50 purchases.... after ten people you have a total transaction history of $500.... but $450 is hypothetical.... it doesn't exist except on the Market..... then, you have the SPECULATIVE Interest that is to be gained added in for a higher dollar amount.... This is pure and simple Loan Sharking...... These very methods of transactions have left numerical imprints upon the Market as a whole that there is more American Dollars in Circulation than is actual, since 2000, it looks like the Fed has increased the number of dollars into circulation by 70%, thus a devalued dollar, Artificial Inflation.... that means that stock that went up to $175 per share, then split to $87.50 per share, has only an actual value of $26.25...
    this is why I advocate that those in the business of Finance and Markets be themselves more regulated more restricted, and the same restriction that would follow along the lines of the American Bar Association, or states' Bar associations.... Use of the Media be totally Prohibited, companies can only advertise a specific product without mention of the company as a business except to make historical notes of achievements, No mention on the News, Internet, or any media of a Company's Financial holdings (SEC requests for information screened and limited to licensed persons and with fees - no one company to be able to hold an umbrella license to cover all it's employees down to the receptionists), operations, stock, etc... through any form of media... those employed in the profession be licensed with stringent testing and continued education requirements as Attorneys are, without licensing all other person's restricted from giving opinions, or performing anything more than paperwork and records keeping....... Yes, Hundreds of firms would close tommorrow, thousands would loose their jobs, oops, American's retirements/investment... would be safer, and these firms and people that would be gone.... they need to be gone anyway, it would just be a taste of the job loses they've caused in their mismanagement and ruthless illegal deeds... the cream would rise to the top... Click on my Name "QUESTIONABLE"... and read the posts I have made to other articles.... everything going on can be traced back to a group of less than ten people....to a specific set of dates.... this usually is a sign of a conspiracy....could it be treasonable????? .. Now we will watch the barrel of oil fall to $100, and HOLD..... just like they did before, when Congressional Investigations are hot on the their heals, they retreat a little bit to quell the angry masses, then when it's quiet they surge past where they were, only to do this again and again.... HOLD at $100...??? Let's see?????
    Jul 17 18:38 pm |Rating: 0 0 |Link to Comment
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