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Sunday, 02/26/2006 7:01:32 PM

Sunday, February 26, 2006 7:01:32 PM

Post# of 10217
Read these. Like me you'll get sick to your stomach!


Two new articles from The Faulking Truth:


The Circle of Greed: Who Wants to be a Congressman?
by Mark Faulk
Feb. 26, 2006


Call it what you want. Naked short selling. StockGate. Fail to delivers. Stock counterfeiting. Financial terrorism. By any other name, it’s still the same thing. Fraud. Millions of Americans being robbed by hedge funds and multi-millionaires utilizing loopholes built into our stock market system.


This is no longer news. No one in Congress can claim plausible deniability, no one in the SEC can say that is doesn’t exist. The White House, and even President Bush himself, can on longer claim ignorance when it comes to the financial raping of our country that has driven thousands of young companies into bankruptcy and ruin, the same companies that our economy depends on to provide the jobs of the future, the same companies that we depend on to keep our workers and our money right here in America. Even the media, who, controlled by the brokerage firms, investment banking companies, and New York Stock Exchange representatives who sit on their Boards of Directors, until recently has either turned a blind eye to this massive scandal or actually seemed to side with the criminals, has begun to realize that this is an issue that, to borrow a line from Dylan Thomas, will “not go quietly into that good night”.


How long have our country’s elected officials known about stock counterfeiting, how long have they turned a blind eye while countless retirement accounts, college funds, and small businesses have been bled dry by an industry that seems to care only about its own, and by “its own” I don’t mean the millions of investors who they are pledged to protect and represent, I mean the chosen few who have a large enough net worth to buy influence and control, and the industry itself, who profits to the tune of billions of dollars a year from buying and selling shares of stock that don’t exist?


Advocates of stock market reform have been “lobbying”, in their own small way, the SEC and Congress for years. They have been prodding and poking at the media to do the right thing and expose this story to a larger audience. They have watched as both our elected leaders and our media has succumbed to pressure from special interest groups, and done nothing while our country suffers. I know for a fact that articles from The Faulking Truth and other publications were sent to every member of Congress on a regular basis as far back as 2004.


Read the rest of this article at:
http://www.faulkingtruth.com/Articles/Investing101/1052.html






How can shareholders stand up for their rights?
by Kevin West
Feb. 26, 2006


“If Eagletech was simply a shareholder, it could argue the property rights of a shareholder”.


Thank you Rodney Young! Thank you for standing up for the rights of companies and their shareholders against the market manipulation being carried out by unscrupulous thieves and apparently sanctioned by members of our Senate that have been hired and trusted by the people of America to safeguard our markets.


Why is obvious counterfeiting of securities in our markets being allowed to happen under the watchful eyes of our Senate Banking Committee who is responsible for the oversight of regulation in our markets? Why is the Congress, the Senate and the White House not taking action on this crime that is now quickly becoming a news event? We will tell you why in a moment. But first, let's take a minute to examine what is happening today.


On Monday, February 13, 2006, Rodney Young was given the opportunity to participate in an oral argument on the petition of Eagletech Communications, Inc. of the initial decision of Administrative Law Judge William Kelly to revoke all classes of Eagletech securities. Commissioners present at the hearing were Cynthia A. Glassman, Paul S. Atkins, Roel C. Campos, and Annette L. Nazareth. (complete transcript of the hearing available at http://www.investigatethesec.com/ET20060215.pdf )


Representing the SEC in this hearing was Anthony T. Byrne. We would like to thank Mr. Byrne for making the following statement: “If Eagletech was simply a shareholder, it could argue the property rights of a shareholder”.


What are property rights of a shareholder? They are the rights of that shareholder to be able to obtain true value and physical possession of the property that they paid for. What is physical possession of property? Holding a paper stock certificate representing each share of stock you purchased.


Read the rest of this article at:
http://www.faulkingtruth.com/Articles/CommentaryToo/1054.html

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