The MacDougal Post: Flash Crash 2015

August 26, 2015

Flash Crash 2015

Reports have it that 1) shares in both General Electric and Pepsi tanked by more than 20% just after the opening bell Monday, and 2) nobody can explain why or how the Dow Jones Industrial Average lost 1,089 points in the accompanying carnage.

Subscribers, this is just the same old same old. Deja vu all over again. Short-selling gangbangers dumping fictitious shares into the marketplace in whatever number it takes for these con artists to make your money theirs. And a Securities and Excuses Commission (SEC) pretending that this isn't criminal activity because the SEC has the power to 1) redefine "fictitious" as "okay with them" and 2) turn a blind eye to gangbanging. Plus, these days the swindle includes an absence of humans at the point of sale, having been rendered obsolete because using machines that make transactions happen so fast and in such quantity that humans can't control them somehow means we have to remove the human element that would otherwise control them.

So many people need to go to jail over this that we don't know how to count heads. We can sure tell you where to start though. Inside a certain government agency with a three-letter moniker that begins with S and ends in C and has a vowel in the middle that isn't a, i, o, u or sometimes y.

Everyone working there is assumed to be a crook.

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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August 26, 2015

Flash Crash 2015

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