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July 15, 2008

Naked Short Sellers Attack Fannie Mae!

Naked_short_selling_fannie_maeToday was a fine, mixed up sort of day. Oil went down but is still far above last year's prices. The dollar keeps dying because our banking system and our government are striving for bankruptcy status. We look at a very strange debt offering from a local bank. The SEC is going after even more hell hounds and pirates concerning the possibility of 'false rumors' causing stocks they were shorting to tank. And the government also wants to stop 'naked short selling'. We were told some months ago, this thing didn't exist. HAHAHA. Also, the Democrats threaten to hand out more and more and more 'tax rebates'. This is pure madness. Inflation is still king, I say.

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