NY AG Steps up Due to Pathetic Federal Agency Rife with Corruption

         Bloomberg reports that New York’s Attorney General is investigating whether or not high-frequency traders get unfair advantages because their computers are plugged in ahead of those used by others and stock exchanges give the creeps access to trading data that’s unavailable to everyone else, access through secret proprietary feeds.  That's right, subscribers, secret.  Nobody knows what information is being fed to them, and their home boys at the stock exchanges won't tell us.

         Apparently hotshots at the Securities and Excuses Commission have been running a probe into this question for years and have yet to come up with an answer, so the AG figures somebody has to do it.

         The extent of public corruption at the national level continues to boggle the mind.

Vote No at Annual Stockholder Meetings

         We’ve been railing against management theft of shareholder wealth through “stock option” racketeering since the Stockholder Reaming Act of 1980 became law on January 1, 1981.  At long last someone else has joined in.  Wintergreen Advisers’ David Winters picked a fight with Coca-Cola the other day over KO management's staggering heist of 14.2% of KO’s total market capitalization now being pulled off in Atlanta.

         We’re forced to pay the thieving pigs 14.2% of our investment in KO, in devious little bits at a time, solely because the scum running corporate America with both hands in our pockets pay corrupt Washington politicians off with a fat chunk of the booty they're lifting from us, pay the sleaze off to write laws that are blatantly unlawful.

         The pack of them belong in jail.

         Vote no at your annual shareholder meetings this year, subscribers.  No to everything.  No to the creeps running for director.  No to the auditing firm looking the other way.  No to whatever management wants.  And especially no to executive compensation of any kind.  With the hedge fund boys on our side for once, we might get something done.

         Over the past 30 plus years, corporate lowlifes have stolen our entire December 31, 1980 starting capital and then some.  Lowlifes can go live off that pile like the $%#&ing kings of Araby.  Don’t need to get paid squat from here on out.  If they're allowed to keep looting us, every single penny in your wealth management account today will show up in theirs by the time your great grandchildren are getting as pissed about this as MacDougal is.

         JUST VOTE NO.  NO TO EVERYTHING.  Maybe some district attorney somewhere will get the message, and start hauling the crooks in front of a judge.

Holland v Muslim War Machine

         Lately, relocating Global Headquarters has been a hot topic around here, and as of this moment our short list includes Arizona and Holland.  Arizona, that’s easy to explain.  State has Sheriff Joe for starters.  But Holland?  What’s up with that?

         Well, turns out the Netherlands could just be the light at the end of a despairingly bleak Islam invasion tunnel.  Check this link out and search the archives for more plus stuff about the site itself (right column almost at the end of the page):

http://www.barenakedislam.com/2013/04/29/hooray-the-netherlands-makes-good-on-its-promise-to-end-multiculturalism-christians-bending-over-for-muslim-supremacists-and-entitlement-whores/

Looking for Something Stylish to Give that Special Someone?

         Is her birthday just around the corner?  Maybe there’s a milestone anniversary coming up.  Well, European designers have sprung a collection on us this season that has fashion conscious investors pulling out their palladium cards everywhere from Beverly Hills to Scarsdale itself:

         A complete line of clothes inspired by McDonald’s.

         Here’s that link to the hottest handbag of 2014, and it’s by Moschino and can be yours to dazzle your heartthrob with for a mere $1,265:

http://www.moschino.com/us/medium-leather-bag_cod45228666js.html?collection_id=26929

         Hurry and pick one up while they’re still in stock.

That Kinder Morgan Thing

         Any company tapping debt and/or equity markets to fund growth in lieu of using internally generated cash is vulnerable to attack by short-sellers seeking to impair or destroy its access to public money, a weakness in American-style capitalism we ascribe to the absence of effective law enforcement on Wall Street.  The potential for short scams exploiting this systemic flaw is often a good reason not to invest in some real estate investment trusts, small business development companies, master limited partnerships, too-little-to-survive commercial banks, and any weak sister, really, throughout the entire financial sector, relentlessly preyed upon by shorts during every harrowing market vacuum.  At worst, using mark-to-market accounting, reduced asset values can trigger bond indenture provisions threatening to force a hapless victim into bankruptcy, the Holy Grail for perps running this kind of securities racket. 

         Kinder Morgan is in the crosshairs now, with short-sellers dumping “borrowed” shares aplenty and talking smack.  Management says the shorts are blowing smoke up our asset management accounts with all their drivel, but that’s never the issue.  All that matters is, can attackers pound the appropriate price(s) down low enough and/or long enough to precipitate a fatal market disruption that scares weak-handed investors into joining the racketeers by selling real holdings en mass at the same time short-sellers are dumping their fictitious play shares into the mix, gaming the short term supply/demand equation into a false read that can withstand regulatory scrutiny because there is no regulatory scrutiny?

         The media has even been drawn into this one, making us wonder once again what criminal conspiracy by shady journalists has to do with freedom of the press.

         Corruption inside Washington’s revolving door, namely the Securities and Excuses Commission (SEC), has become so pervasive that staff makes no attempt whatsoever at protecting us from grifters running short-selling cons.  On the contrary, if history is any indication, many of the agency’s seniors will be joining the racketeers themselves in a few years.

         Either the shorts are committing securities fraud, or Kinder Morgan management is.  SEC hotshots simply have no excuse for running away from cases like this.

         But they do, and will.

         Kinder Morgan is a big, remarkably successful operation run by a brilliant man recognized as a giant in his field.  Whether or not he and his bankers can rally enough buy-side support to sop up all the short and homeless shares currently awash out there remains to be seen.  For what it’s worth, here at your Post we're betting that they can.