Lootie....in reference to your post 5138.....What are you smoking ???
The US economy is now being destroyed by the lawless greed of big businesses. First the mortgage mess. Individual lenders and banks didn't give a hoot as long as they got a signature on the papers. Reason ? Because they had no intention to keep these mortgages. Package them, re-package them and sell them to someone else. As long as they get their commissions. As if that is not enough now the legalized ,lawless naked shorting performed largely by those same financial purpetrators will hold back growth and kill off emerging enterprises before they even had a chance.....Individual greed as opposed to a more socialist type of governance rules the day....and it's being allowed to happen despite being against existing laws.
Why did the SEC announce a moratorium of 30 days ( extended another 30 )on naked shorting of Fannie May and Freddie Mac ?...and not on the rest of the stocks ? Just as the Federal Reserve holds the power instead of the government...the same holds true for the SEC....all lining thei pockets illegally in cahoots with the political hominoids and quietly sanctioned by them.Why did GRASSO walk away with 280 Million when he retired from NYSE ? Because he had helped them too to line their pockets.
So a bit more control, a bit more protective socialism would do the country a lot of good ( in addition to extending health benefits to all. After all Germans had healthcare throughout both world wars and thereafter...teeth included for all, even for Hitler who was Austrian living in Germany )
So now...what were you smoking ? ( in jest )