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To: familyop

I understand the concern, but restricting short-selling is very much a way of saying you support “the free market,” except when you don’t like its outcomes...


8 posted on 10/09/2008 6:14:01 PM PDT by seacapn
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To: seacapn

sounds just like how freddie mac works. privatized profits and socialized risks


11 posted on 10/09/2008 6:22:59 PM PDT by ari-freedom (Betcha they're good. Why shouldn't they be? Their one mistake was giving up me!)
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To: seacapn
"I understand the concern, but restricting short-selling is very much a way of saying you support “the free market,” except when you don’t like its outcomes..."

It can be used for conspiracies to vandalize stocks and essentially steal from other investors. It's about as moral and free-market-worthy as using false environmentalist front-witches in commissioners' meetings to stop competitors' projects from starting, IMO.

But that won't matter much for the near future. Investment banking is going to China now. We'll see how the PLA deals with disruptions. Me...? I'll put my tiny little bits in deposit banks and do the building myself.


17 posted on 10/09/2008 6:49:31 PM PDT by familyop (cbt. engr. (cbt), NG, '89-'96, Duncan Hunter or no-vote)
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To: seacapn

We might be talking about two different kinds and purposes of short-selling, BTW. I’m referring to pre-planned and coordinated group efforts that are executed only for the purpose of driving competitors’ stocks or natural resource commodities down.


20 posted on 10/09/2008 7:01:40 PM PDT by familyop (cbt. engr. (cbt), NG, '89-'96, Duncan Hunter or no-vote)
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