The MacDougal Post: Lobbying Goes Undercover

January 5, 2014

Lobbying Goes Undercover

Coming on the heels of the 2006 Abramoff scandal, The Honest Leadership and Open Government Act of 2007 threatened registered lobbyists with prison time and other criminal punishment for newly enacted statutory misdoings. The result? Some of the more artful dodgers simply reworded their job descriptions and stopped registering as lobbyists.

In a recent op-ed article entitled The Unlobbyists, New York Times writer Thomas B. Edsall explained what such “former” lobbyists claim they do now. If any of our valued subscribers can figure out what that is, please let someone at The MacDougal Post know.

It smells a whole lot like influence peddling* to us.

Here’s the link to Edsall's piece:

http://www.nytimes.com/2014/01/01/opinion/edsall-the-unlobbyists.html?pagewanted=1&_r=1&ref=thomasbedsall

* Brokering a legislator's vote.

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

Prize

January 5, 2014

Lobbying Goes Undercover

Did You Know?

Site Exclusives