More evidence, if needed, about our theftocracy

Cramer on the recent supposed ban on naked shorting and deliberate governmental negligence in enforcing existing rules.

Naked shorting has been illegal since 2005, but the government didn’t enforce the rules for the big players. Small investors still had to play by the rules though.

Through the SEC ignoring and repealing these rules, hedge funds have been able to create an environment of panic and to slaughter certain stocks. “The government doesn’t care,” Cramer declared.

This isn’t even socialism for the wealthy, this is deliberate collusion by the government to enrich a tiny few at the expense of everyone else.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s