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Friday, 10/12/2001 2:46:32 PM

Friday, October 12, 2001 2:46:32 PM

Post# of 484
Don’t Blame the (Naked Short Sellers) Thieves That Legally Steal America's Markets Blind.

I am getting really sick of all this convenient misguided sense of irrational logic propaganda. Short selling and especially off shore thievery does not require any transparency and thus becomes the catalyst for a group of robbers to organize and plan the perfect heist in America. As far as convoluted, it is really quite simple, they are the ones that support the markets after they rob it relentlessly.

So let me tell you a metaphor story since short sellers are always using banks to justify their theft by borrowing.

THE PERFECT CRIME by Gary Swancey

An unscrupulous group of thieving individuals discovers that arrogant America is the one country that does not require transparency with checks and balances on certain borrowing activities. America’s system is based on the honesty merit system of voluntary reporting and disclosure by its law abiding citizens and professionals. Further, there is absolutely no required transparency in any regard on borrowing from offshore.

That means offshore can withdraw borrowed money from an American bank out the backdoor. Subsequently offshore has an even added advantage of a cloak of invisibility because there are no alarms or cameras on transaction placed in the back of the bank. The only required transparency within America is only by honest and forthright Americans who wish to report withdrawals such as those that are performed at the front of the bank.

Thus this unscrupulous group go offshore, to take full and maximum advantage of the lack of American rules, regulations and transparency. Once they’re offshore they organize and call themselves “SWINDLE” (Stealing, With In No Disclosure Laws, Everything) and go about plotting the perfect crime in America. Researching, SWINDLE focuses on stimulating liberal propaganda “impression management” specialists to spin the media. This allows for justification for the crime in the public eye of Americans when the time is right to cover their paths.

Next SWINDLE picks out an overly cash laden bank as the target. Perfect target, because SWINDLE believes the bank has entirely too much money and thus overvalued. Researching SWINDLE develops negative distractions that will hide the true criminal operation.

Carefully SWINDLE cases the joint and establishes a solid plan with precise teamwork. Quickly, SWINDLE sets up the financial resources that will be needed to implement the perfect crime. Once SWINDLE has all the means in place, SWINDLE begins their horrendous art of corruption.

Boldly SWINDLE proceeds to implementing their diabolical plan by walking arrogantly into the bank through the back door. SWINDLE is pleased to see no security, no guards, no alarms and most of all no cameras. SWINDLE is completely invisible.

Confidently, SWINDLE approaches the teller at the back of the bank. SWINDLE, without a weapon of any kind, provides a withdrawal vouchers for future deposits to the teller. Instantly, the teller cashes the future withdrawals without any checks, balances and records and transfers the money from the front vault of the bank into special vault at the back of the bank. SWINDLE slowly but surely exhausts the bank’s funds from the main vault to the special vault in the back of the bank.

In the mean time while SWINDLE is draining the bank’s funds from the rear, SWINDLE’s entourage enter into the front of the bank. Talking to customers in the bank, exercising “America’s freedom of speech” right, SWINDLE begins a deliberate impression management campaign of negativity. SWINDLE’s negative spin is designed to create and thoroughly causes fear, uncertainty and doubt. Working diligently, SWINDLE slowly but surely convinces customers and potential customers from making deposits.

At the same time, SWINDLE warns customers to take their money before customers lose it all. As the funds are still being drained in the back without warning the front tellers are conveying they are running short on cash. Instantly SWINDLE steps up the impression management and suddenly there is a “Run on the Bank.”

However, it is too late and the bank is forced to issue IOUs and pay pennies on the dollar. Of course the tellers tell the customers to take it or leave it. That is the only option. Thus the loyal customers have pennies and IOUs from the bank for the remainder of their money.

However, the unscrupulous SWINDLE continues relentlessly with their clever negative spin. Like a fox, SWINDLE propaganda takes hold that the bank was overvalued and not worth a tenth of its value, if that much. The economy depending on the bank crashes. Legal transparent loans go into defaulted. Thus the propagandists now go to work justifying and condemning everything from the bank to the government so they can somehow justify this horrible set of events. Of course the propagandist use legal transparent loans and the cover that nothing is wrong nor ever do enough due diligence to discover the back door of the bank as a possibility. Oh that is totally unheard, because there is nothing wrong with borrowing.

Yikes, SWINDLE realizes this might be going from bad to worse because of SWINDLE greed. SWINDLE has to quickly turn this around before it gets too out of control. The public is now screaming for an investigation and justice. SWINDLE can’t afford an investigation.

Just like a cunning fox SWINDLE takes a small amount of money and begins offering to buy the IOUs for pennies on the dollar from the financially strapped customers. The negative spin is still being relentless and eventually coerces the bank’s once loyal customers to sell their IOUs for at least something. Thus SWINDLE begins buying the IOUs.

Immediately SWINDLE takes the IOUs to the back of the bank where SWINDLE cash in the IOUs and are paid the full amount of the IOU from the cash in the special vault. Taking that money SWINDLE continues to buy even more IOUs. Better the loyal customers have some cash that nothing but paper.

Once SWINDLE has exhausted the cash in the special vault at the rear of the bank with IOUs, SWINDLE gleefully congratulates each other for a job well done. The Perfect Crime has been accomplished without a hitch and the books of the bank are balanced. Only a small amount of the outstanding IOUs are left and will not hurt the bank.

Media propagandists begin their spin that the hard times are over. Defending the diligent efforts of the bank to resolve the situation. Headlines such as Bank Borrowers are NOT THE CRIMINALS! Outcry by the public never makes it to the public eye. Legal loan stats are used to make statistical representations to calm the public. Since the bank vault in the back is not monitored and not reported, the propagandist do not even consider those loans in their statistical data because the data does not exist thus there could be no naked loans.

But the propagandist begin their hero spin as they publish articles of how this “SWINDLE ASSOCIATES ARE HEROS FOR SAVING THE BANK!!!” SWINDLE was buying the IOUs and sold them back to the bank squaring up the bank’s horrible obligation. Further, SWINDLE deposited large sums of money into the bank to ease the cash starved facility. HOORAY SWINDLE supported the bank when no one else would. If not for SWINDLE it would have been much worse.

And the public cheers as the bank recovers while money slowly begins to flow back into the bank. Further, for the invisible SWINDLE's resolve the public yells THANKS as SWINDLE silently says NEXT!

Lets see something like this was perfectly legal I believe until 1934 … when the FDIC came to existence.

But what about America’s financial markets?

"NO OWN - NO SELL" Petition:
http://www.petitiononline.com/NoShorts/petition.html
Proud To Be An American Against Terrorism & Its Propaganda!
Gary Swancey

:=) Gary Swancey

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