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Re: loanranger post# 13342

Thursday, 07/21/2011 11:16:56 AM

Thursday, July 21, 2011 11:16:56 AM

Post# of 234270
Some very good points, but it still amounts to turning a blind eye toward rampant theft. Force the crooks back to the underground, rather than allowing them a public forum for operating the same old boring scam. Non-reporting shells add nothing to innovation or the economy. They're just vehicles for fraud.

Personally, I'd rather have the marks at least partially funding infrastructure (lottery route).

As for SEC ramping up, simply give them the teeth to go after stolen funds to help fund their efforts. As it is, you keep seeing the same fatso's resurfacing over and over after being busted because, even after fines and legal fees, they still GOT RICH. They get a slap on the wrist, lay low for a bit, then train a proxy to do their work and pull the strings from behind the curtain.

I'm for ruining these guys financially, forever. And go after their families and other insiders. Send them to Federal Tennis Camp and let them scam each other to death.

Force these guys offshore (meaning they can't live or operate in the good ole USA) and clamp down on the reverse-mergers.

(or we could just wall off Henderson, NV and nuke FL)

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