The MacDougal Post: Destructionism on Steroids

January 24, 2015

Destructionism on Steroids

MILDRED
What're you rebelling against, Johnny?

JOHNNY
Whaddya got?
(With that famous retort, Marlon Brando's iconic character in The Wild One gets straight to the point. Johnny's all about being bad. How you go about it is a whole other thing.)

FAST FORWARD to one of yesterday's YouTube interviews of the sitting train wreck in the White House.

HANK
I'm in favor of legalizing marijuana.

DESTRUCTIONIST-IN-CHIEF
(Chortling sardonically)
Right.

HANK:
We're in a really weird place with marijuana right now.

DESTRUCTIONIST-IN-CHIEF
Yeh, yeh.

HANK
Like it's illegal everywhere, but in some places it's kind of okay but if the state thinks it's not okay. then lets throw those people in jail. I feel it leads to excessive incarceration, especially among minorities.

DESTRUCTIONIST-IN-CHIEF
Yeah.

HANK
How do we move forward out of this legal gray area weirdness?

DESTRUCTIONIST-IN-CHIEF
Well ... uh .... we still have laws classifying marijuana as an illegal substance ... what I am doing at the Federal level is asking my Department of Justice to just examine generally how we are treating nonviolent drug offenders because I think ... what we have done is .... instead of treatment ... as a public health problem, we've treated this exclusively as a criminal problem and ...
(playing the Black card)
it's been devastating in a lot of minority communities. It presents the possibility at least of unequal application of the law, and uh that has to be changed.

CUT TO:

CELLBLOCK TWO RECREATION ROOM
(cellblock population watching TV)

INCARCERATED MINORITY DRUG DEALER
Just let me get my hands on a gun.

INCARCERATED MINORITY DRUG DEALER'S MINORITY CELLMATE
They gonna turn you loose? That nigger's crazy, Bro.

DISSOLVE TO:

LONG SHOT

(pandemonium. murderers and assaulters busted for cannabis-related crimes rolling on the floor in gleeful anticipation, while rapists, sexual predators, and child molesters convicted of cannabis-related stuff look around to recreate sundry wanton pleasures right here and now in a chilling take on their piece of all the newly promised hope and change.)

FADE TO CREDITS

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 24, 2015

Destructionism on Steroids

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