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Wednesday, May 25, 2022 8:41:20 AM
Americans need to consider using the populist Amendment to the constitution pathway by 38 states agreeing to pass laws directed at a constitutional amendment to ban all shorting. This is how we lifted the prohibition on alcohol.
PUTS and CALLS still let you play both sides of the market, but do not create counterfeit shares. Temporary synthetic shares maybe, counterfeiting not. Why is it criminally illegal to counterfeit the greenback, or bank check, or bonds, but not stocks? Naked shorting and general shorting, kills American innovation which produces high paying jobs at home, and destroys American savings both individually, institutional and pension fund.
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