The MacDougal Post: Thieves in the White House?

February 22, 2012

Thieves in the White House?

In the years immediately prior to the Financial Apocalypse, hedge fund operatives lobbied high accounting muckety-mucks into ordering our nation’s army of CPA’s to misrepresent the financial position of corporations holding paper assets. Suddenly – and probably for the only time since double entry bookkeeping was invented - securities traded in public markets had to be valued at whatever prices Wall Street Crime Family traders bashed them down to. The reasons why this change constituted criminal fraud are abundantly clear to everyone except our hotshots at the Securities and Excuses Commission, particularly as stock prices in the financial sector were crushed in 2008-09 by the very racketeers who schemed to force the accounting change on us, and no one has ever been charged with anything. The media, paid with advertising revenues and whatever to keep silent on such matters, continues to keep silent on such matters.

Now, rumors are circulating that two hedge fund goons may be running for President soon. If you’re a Republican who suffered catastrophic losses in financials during the Apocalypse - or who receives benefits from pension funds that did - and are thinking about voting along party lines if your tormentors actually get the nomination, then YOU are the problem in this country, not them.

Remember, The Post endorses Jesus Christ to head the GOP ticket this go-around, and not just because they keep talking about Him so much. With the Mayan Calendar ending this December, we figure He’s actually at least scheduled to show up for that End of Days gig of His.

(For any partisan muttonheads reading this, note that our editors endorse O.J. Simpson as the Donkey nominee. Most Blacks, Latinos, and Nationalized Illegal Aliens figure O.J. really did kill two White people, which should give the former NFL star all the votes there, and you’d think an armed sports memorabilia thief would be expected to work closely with Conservatives in removing handgun controls everywhere, insuring bipartisan governance on something for a change. Besides, who would you rather have in office? Some creepy lawyer type operating behind your back, or a brazen thug busting into the room with a gang of bullies who're into crime because they like showing their muscles off out in public.)

Inside the Scam

Short-sellers flood markets with bogus shares, involving buyers in bookkeeping transactions, not stock, and not telling them about it. Wall Street helps hide the fraud with Madoff accounting, even letting shorts pay dividends as part of this scam, duping investors into believing they get real dividends paid by the company they thought they invested in.

Worse, short-selling, in effect, adds these phony shares to the actual total number reported in company financial statements, which goes into the various earnings per share (EPS) calculations, essential components of the critical metric universally used to value common stocks, the price/earnings ratio (P/E). In a selling frenzy, EPS can be cut from, say, $4.00 to $0.40 or $0.04 or whatever, by the immense volume of fake shares these pretend investors are drubbing the real ones with at point of purchase.

Every reference made to P/E as a calculable metric is a lie. Our stock market is gamed by short-side racketeers, rendering equity investment in this country a massive securities fraud. Their humongous swindle purloins much of our savings during every market downdraft.

Odds are the SEC staff belongs in jail. Gangland racketeering is more than enabled by the complicity of our regulatory hotshots. Mob stooges inside that agency have spearheaded these cons for generations, flat out lying to us all those years.

Surely, the SEC's remarkable contention that short-sellers borrow their shares from you and me is, in its downright absurdity, the nadir of arrogance and criminal obfuscation.

That's why we're never asked to go along with it.

Site Exclusives

As our young readers know, any loser who steals mommy and daddy's savings is a stupid ninny.

Wall Street hires the biggest dumbbells in the world. That's because God hates stealers, and the nincompoops don't even know it.

Keep an eye on bad men like hedge fund managers, bank CEOs and proprietary traders right here in The MacDougal Post. Incorrigible dingbats like Mucus Poole-Knightly, Pockets MulGoon, and Lewie the Dip, just to name a few of the head cases found on the site, are contracted to appear here exclusively.

You won't find that kind of financial coverage anywhere else in cyberspace.

Check in with us regularly to find out what's really going on with your money, if there's any left. And when it's all gone, take a shower whenever you can and drop in on us from the local public library.

The MacDougal Post

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February 22, 2012

Thieves in the White House?

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