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Politics : RAMTRONIAN's Cache Inn

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To: Norrin Radd who wrote (13358)	6/25/2007 11:22:28 AM
From: makeuwonder	of 14464

OT:Tom Try reading this. wnd.com Have you checked out the new rulings with regards to naked shorting? On another board one poster said there's still a big loophole that needs to be closed. In truth the news is starting to print things about people losing their jobs over the funds going belly up. In reality it should work the opposite except in extreme cases. The groups that have been getting rich at the expense of the others are the only groups that should be complaining. Are they going to make national headlines over this bunch of cry babies? What? Have to sell their vacation condo's? In truth if banking laws are in order then the know your lender/client rules should be able to identify those who prospered from the shorts and their accounts should be frozen. Off shore too. This money should be used to cover shares shorted. This in turn should increase the markets by the percent shorted. If these people are smart and it's done correctly they should be buying legal shares right now while it's not a big deal. Word is not out because most people don't know about naked shorting let alone any of the rest of it. If they made it news regular people would be flooding the market trying to get in on their cover. They have 60 days from the day it's published in the Federal Register right? If this happens the markets should all go up. If that really happens people would sell some and spend it. On American goods. This would jump start the economy. If we do things right that is. Can that happen? I sure hope so.

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