"So, the obvious solution is to give more power and authority to the folks that have brought us to this place...rofl..
Highway Robbery right in front of our eyes......Did you see HP stuttering through his questioning by Bunning...HILARIOUS"
didnt see Hank, although he must be getting tied into a pretzel even in his own mind....the penalty paid for dishonesty...hell on this earth..
On the topic of scams, Cramer had some interesting comments tonight on naked shorts, ie, now the govt is complaining about the issue in regard to banks, and Cramer points out they dont need new regulations, just to enforce the ones they have. I guess this is a real issue, I was wondering if Jim Sinclair was trying to stir up a non-issue, but looks to be real...how can someone sell something they dont even have? "If he sold what wasnt his'n, he must buy it back or go to prison"...from Jesse Livermores book I believe...:)
I guess in the case of the gold juniors there could be quite an amazing short covering rally, triggered by aquisitions or by the influx of the public, at some point.
Still, isnt it bizarre that our govt would stand by and let naked shorting occur? Unless they are somehow motivated by wall st insiders to look the other way while the large players execute their scam? Is this part of the bank recapitalization plan, ie, let them screw the public with naked short sales?
Robin |
