Thursday, March 22, 2007 7:35:03 PM
Click on the link at the end it will show you a letter to send to the two congressman I contacted. It can't hurt IMO. The more Noise the better.
http://www.faulkingtruth.com/Articles/BlogFest/1086.html
Promises, Promises….Take a Letter!!
By Mark Faulk
March 19, 2007
This is a letter that we're asking everyone in America to send to
Senate Banking Committee Chairman Chris Dodd and House Finance Committee
Chairman Barny Frank. Read it, send it to both of them, and PASS IT
ON!!!! In a couple of days, I'll be asking you to contact legislators in
Oklahoma to help us pass a bill there (expecially if you happen to be
from Oklahoma). I know, I know, it's spring break and this is like
homework, but most of us are grown-ups, so get over it.
I'll open with a blog I started to write last week, before Dave Patch
beat me to the punch. So I'll just post the lonely paragraph I wrote as
commentary, follow with the comments of SEC Chairman Chris Cox, and
post the letter at the bottom. Believe me, once you read Cox's comments,
you'll want to help us spread the word.
Promises, Promises….Cox Pledges Action on “Abusive naked short selling”
Who says that public pressure doesn’t work? After years of the SEC
first denying the very existence of naked short selling (also known as
fails to deliver, or more to the point, stock counterfeiting), then saying
that it was a minor problem, then promising that Reg SHO would solve
the minor problem that didn’t exist, SEC Chairman Chris Cox today said
that current measures have proven "insufficient to stop the problem" and
that "that people victimized by it have a great deal of right on their
side" in their complaints about abusive naked short selling.
To read the rest of this article, and to copy the letter to send to
Sen. Dodd and Rep. Frank, go to:
http://www.faulkingtruth.com/Articles/BlogFest/1086.html
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