"I think the idea that our entire economy is being threatened by short sellers is rather fantastic:"
Fantastic though it may be, the threat is still there. Already there are investigations underway into the shorting and put buying activity in American airline, insurance and tourism stocks leading up to 9/11/01...not only here in the US but in Several Foreign countries. Most notably England and Germany, where significant populations of persons associated with terrorism are known to reside. Several members of Congress have recognized this threat and have proposed a ban on short selling. I recommend that anyone supporting this petition should contact their local congressional representative and let them know about your support for this petition.
The Twin Towers were not targeted simply because they were so big. The airlines were chosen as much for their ability to hurt other industries as for their explosive capability.
Already, THREE major industries are severely curtailed. Layoffs are STARTING with numbers in the Hundreds of thousands.
As more industries are affected more layoffs occur and the cycle repeats itself. Our overseas adversaries were ready to take immediate advantage of the situation, each attempt to rally is met with a new wave of sales.
You are correct in thinking that a ban on short selling will not cure all that now ails our economy. But to stand by and do nothing assures our destruction.
Our opponents in this "new kind of war" as our president accurately calls it, seek to bring about the end of our way of life. What better way than to deny us the means by which we earned our way of life to begin with.
The Bird of Prey
The End Days are upon us.
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