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The Facts Behind the Coming Congressional Mortgage Bailout Bill

Foreclosures have been rising at great speed since October , 2007 .

The timing is matching exactly the slumps at financial stock market .

These home owners who lost their homes might be the same victims who have suffered grave loss , over the slumps .

Those who stored their savings in bank stocks which had been stable for about 5 years , would lost most severely .

They are simple , hard working people but victimized by the naked shorters .

The immense power of naked short selling drove the bank stock pricings lower than lowest .

SEC allowed such unlawful manipulation , one article indicated that some published records have shown that some short sold shares were not delivered for over 200 days .

SEC announced emergency measures to police naked shorting on last Wednesday and somehow two days later , nullify the effect of their own measures by exempting the market makers .

The requirement of delivering the shares short sold by the next day seems reasonable under the computerized system .

Naked shortings in the now distressed economy intensify the vicious cycle that spirals towards economic destruction .

The government has a duty to serve the general public .

The bailout or whatever one names it , is a measure to reverse the cycle towards a better economy .

Why not ? I know , you short sellers , don't agree .