Nov. 11, 2022
November 11, 2022 I must admit I hold little hope that this rule will actually amount to anything. Either the political ramifications will stop this, or the complicit nature of the incestuous nature of wallstreet the SEC or possibly both. That being said, at a minimum it allows me a chance to leave my thoughts about the rampant corruption looting which was allowed to escalate to financial terrorism while being shepherded along the way by the government who enjoyed the contributions of those they allowed to pillage the citizens of the United States. I hope that those words are not glossed over. Fincancial terrorism is absolutely what happened in 2008, and now we are seeing the makings of a financial event that will shake the world to it's foundation. The Fed has increased its interest rates now that they can no longer simply print money to give to the banks. Mass media is telling everyone that its the common citizens fault. But everyone reading this should be fully aware that this is a problem that has been brewing for quite a while and it just getting toward its end point. Trickle down economics would be more accurately described as \inflate the peasants costs, deflate their currency, work them until they die\ economics. Every important lesson learned from 2008 was quickly de-fanged. So really as it stands now, what did we learn from 2008? From a common citizens POV it seems clear. There are no consequences for the big boys on wallstreet or the banksters. Rather it was Occupy Wall Street common citizens who received jail time. Wallstreet's Banksters? They all got bonus' and had to find a new prestigious job at another wall street firm an like Bernanke win a nobel prize in economics. LOL. So yeah, as you can imagine we the people have no faith in the bodies created to form a \more perfect union\. No longer do we the people have a right to the pursuit of happiness as we are forced to trade long hours of our life with family and friends away to work even as our wealth is simultaneously devalued, costs inflated, our savings put in jeopardy by the same cowards who bankrupted the economy not 14 years ago. If only there were some kind of warning sign Like the RAMPANT violations by ALL OF THE MOST POWERFUL WALL STREET FIRMS But hey at least we fined them a token amount to show that the SEC wasn't a complete waste of tax payer dollars right? The lack of oversight understanding of shorting positions and swaps is a clear and present danger to the current economy. However that doesn't even include the staggering FTD's that nearly caused the collapse back in 21. So let me state this as plainly as possible for the stupidest people (probably the political \servants\) involved in this: Allowing massive amount of presold debt to gather, without tracking it's amount, while allowing far greater leverage to those same entities whlist those same agencies make the majority of the rules that they have to live with may have been short sighted after all. Again. This country cannot heal until her most common contributors have a chance for life, liberty, the pursuit of happiness. This country cannot be strong again until her citizens are not beggared by the very system they toil under. Would we allow a citizen to walk into a store walk out with an item and a loan that they would never have to repay? Would we allow our neighbors to sell our car call us the \beneficial owner\ and then actively devalue the car ultimately not even provide the money for the STOLEN car? No. That my friends is considered grand larceny. It is not coincidental that PFOF was created by Bernie Madoff. The only difference between Madoff the current generation of banksters is that he stole from the other banksters. And that is why he went to jail. Not because he was a thief and a liar. Unfortunately that is the entirety of Wall Street. End the financial tyranny inflicted by the high class financial terrorism. End the ability of the banksters to steal from the common citizen by making their own rules then NOT EVEN FOLLOWING THEM Positions should not be allowed to remain open in perpetuity. A sale requires 2 parties. A buyer and a seller. The buyers are providing real money up front. The sellers are providing absolutely nothing besides financial devastation. Again.