dr.anthony

Banning Shorts Works in Fancy Restaurants, Not the Marketplace

Framing the issue as a yea or nay on short selling is NOT the issue. The issue that the shorts refuse to confront is simply this: Should there be rules that govern short selling? Reinstitute the "uptick" rule and enforce the ban on naked short selling. Shorts do not want those rules reinstituted in the same way that aggressive pitchers in baseball don't like the umpires ban on the "bean ball" (intentionally throwing at the batter's head). Bear raids are made possible because Christopher Cox cut the number of umpires in half and permitted a free-for-all, rapacious, vulgar stampede toward greed. Imagine a game where the men and women carry bats, have rock-hard baseballs, cleats on their feed and NO RULES! How long before there is blood on the field? That is what we have folks. Put the umps back in the game and let's play ball!