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Blog Archive

Tuesday, July 22

Naked Short Selling targeted by SEC

Yes, it's 30 days in the hole for naked short selling. This is a breakthrough of sorts, and will help 19 financials, like Freddie Mae, Fannie Mac, Lehman Bros, and Morgan Chase, not to mention UBS. The point is we got to get back to regulation now. Here is an interesting pose from the Paul Weiss law firm. And then, of course, we need to raise interest rates, like LaRouche says to 4-percent at least, and to implement the 2-tier credit proposal. That is 1-2-percent credit to needed infrastructure projects, through a national bank Alex Hamilton, FDR type mechanism. And yes, the paying of rent, instead of bankrupt mortgages, to stop the fall of the housing bubble, to the banks.

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