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bartermania

12/31/05 5:08 PM

#611 RE: Telephonics #610

If, you take a look at the DTCC/Fed.'s accounts...ie. what country's stock trades through them (of course, in the US all stock must be cleared through them...by law)...it appears that they are also clearing many other coutry's stock through their system...and the DTCC/Fed. wants to continue to spread it's influence throughout the world in coming years. If, you go to the homepage of the DTCC you should be able to find this information. Here's the link: http://www.dtcc.com/index.htm

If, you study the history of the US stock markets...you will see that some form of naked short selling...diluting stock...has been going on for much longer than 25 years. Major problems occurred in the 1920's-early 1930's...and most likely before this period too.


Major changes are needed. Retail investors should not be fleeced. The American people deserve a much better system.