Investors Screwed by Fed

Well, friends, it is good to be the king, or the master of the universe, whatever it is the banking gangsters are. One thing they are not is subject to the same market conditions as small or mid-size banks and non-banking companies.

Wall Street Urinal reports, "The advance by the financial firms came a day after the Securities & Exchange Commission said that it was moving to curb short sales of stocks in more than a dozen top banks as well as Fannie and Freddie. Officials are cracking down on so-called naked short-selling, in which traders take a short position without first locating shares to borrow." 16 July 2008 Wall Street Urinal

Isn't that great? If you are one of the privileged few, you don't have to worry about short selling of your stock any more. Other companies do, but not the few, the proud, the owners of the country's major financial institutions. Of course, these are the same big banks that own the Federal Reserve system, so no surprise that the evil, vicious, hateful, thugs who run the Securities and Exchange Commission are prepared to do anything to keep them from going under.

So, sure, the financial stocks have surged on news that the people who make the rules for the exchanges won't allow those stocks to be bought and sold under the same market conditions that apply to everyone else. They have friends in high places. Doesn't matter if the rules changes hurts investors, because the people who run the government don't care if investors are screwed to the wall with a moly bolt. No, what matters to the people in government is what their masters want - and if you think you are among the masters of the government, you have another think coming to you.

No, the masters of the government are the men and women who own the major banks. Look at the 14th Amendment. Sure, it has some pretty language about equal protection under the law, that nobody believes and the government rarely enforces. But the important ingredient is in paragraph four.

"The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned."

Even the constitution is modified to make things better for the banksters.

So, in case you were expecting that market forces could bring some sanity to the financial sector, just get some clarity. The government won't allow market forces to influence the price of the stocks of the banks that own the Federal Reserve. That's because those banks own the government.

Don't like it? Join the Boston Tea Party.

Next time an incumbent is up for re-election, vote for the challenger.