The MacDougal Post: The New Zero

May 8, 2012

The New Zero

The 2005 Bankruptcy Abuse Prevention and Consumer Protection Act added more paperwork and mandatory credit counseling/debtor education to the procedure, increasing administrative costs to the point where typically lawyers now charge $1,500 to process an individual filing, meaning at least hundreds of thousands of Americans who've needed to protect themselves from predatory creditors in this way have been financially unable to do so over the past seven years.

This makes fifteen hundred the new zero. Let your stash drop below that figure, and you're in for the kind of Dickensian hell formerly relegated to high school reading assignments, a chilling reminder of how far we've fallen - and how fast - at the hands of a corporate-controlled Federal Government viewing citizens as prey.

While the spiraling National Debt pummels your sorry bank account through the eve of destruction, be forewarned: no longer can one afford the luxury of going completely broke.

Whatever happens, keep that fifteen hundred around.

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.

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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

Prize

May 8, 2012

The New Zero

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