The bottom line is
that the US Stock Market has been completely corrupted at its core - in its Clearance and Settlement System run by the DTCC.
When we buy any stock in the U.S. Stock market, it is very likely that we receive an IOU instead of Real Stock Shares. And we are NOT allowed to know this thanks to the Wall Street Criminals.
The simple truth is that Wall Street makes more money if they sell us phantom shares of stock, counterfeit shares of stock. Instead of paying for REAL Shares of stock to then sell to us, they simple counterfeit some shares and pocket 99% of the cash money we hand over to them for long shares. And then they use our cash money to drive down the price of the stock we just bought with more counterfeit shares.
When we look at our monthly brokerage accounts all we are allowed to see is that we hold a long position is xyz. We are NOT allowed by the DTCC system to know whether our account has REAL shares of stock in it or counterfeit shares.
So it looks like the Wall Street Counterfeit Machine, the DTCC Clearance and Settlement system, has secretly converted the stock market for buying long shares of stock into effectively a FUTURES DERIVATIVE MARKET where REAL shares are NOT traded.
And we the American buying public were NOT told about this. And every month when we look at our brokerage account summary we are potentially being lied to! The corrupted DTCC system demands that we be given a FALSE monthly illusion that we have a long position with REAL shares of stock in company xyz, even when we do not have Real Shares, but only IOUs!
This DOES nauseate me!
Is the MADOFF Exemption the root cause of this corruptions?
Or does it go back further?
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