Thursday, March 11, 2010

Shenanigans will continue

Just like the "outlawing" of short sales on some financial stocks (like 400 if remember right) occurred during the 2008 shenanigans, similar things will occur again. It's not just that shorts were outlawed, it is the deceptive nature in which the true rules regarding the "outlaw" were complicity disguised and opaqued (that's now a verb if it wasn't before). I can explain more if anyone interested, but for now lets just make that statement.

US Gov does not want people converting to other currencies and putting money offshore where it takes more effort for them to slice off a chunk for themselves.

This story is one of the effects/results/foreboding ideas.

http://finance.yahoo.com/news/HSBC-data-on-24000-Swiss-apf-2029038052.html?x=0

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Insightful and Useful Comment!