I Eat Bear

I have preached and preached. And the market continues to rob EVERYONE, except a few.

The choices are obvoius.

Either, they want a WORLD of crooks, or we need to rid the WORLD of crooks.

Ok, we have global world problems right now too. That is not an excuse in my book. It is a reason for some market decline, but NOT to the degree we have seen.

We have had our share of problems with banking systems (and still do). We have had a lions share of problems with oil lately, considering the massive size of BP's oil leak problem (have you stopped filling your gas tank because of it?). We have even jailed a few (not nearly enough), for being STUPID criminals (hey Bernie Madoff, how are your hemroids? If you were a tad younger, you might get what you REALLY deserve. Up to me, and you would be cleaning porta-potty's from the bottom).

Yes, folks, there should BE PENALTIES, for those who have ROBBED you (this time). No, I am not penalizing for market adjustments, but the rest is PURE HOGWASH.

How did we get where we are? By ignoring HISTORY. More specifically, thinking we could improve on it.

Just like America, and what made it great. It was founded by people who had a new vision of life. Poor people, with BOLD ideas. Ideas, for ALL people. And few of us will deny, the very FEW basic ideas that they started a government on were good ones. Yes, today we call it a "Constitution" and a "Bill of Rights". Yes, just ten in the bill of rights, but time has amended even those. The "bill of less rights"? Yes, thanks to Congress, we probably have a "bill of less rights".

Don't get me on the topic of Congress, or I will never get to the point, but explain to me, how they can take the most profitable entity in history (Social Security Administaration), and turn it into a losing proposition, while at the same time providing UNSURPASSED medical/benefits for our MISFITS in Congress.

But, to the REAL point. How do we stop this market CARNAGE?

TODAY, we do two things.

1). Stop ALL trades made by computers. Well, not all. But all in one category. If it is a CUSTOMER based trade allow it. If it is a COMPUTER based trade, disallow it. Ok, that will be a short term effort at best. Some crook will find some way around that too. But, you have to start somewhere. For a computer trade to be accepted, it must have a verifiable customer id associated with it. Computers do not get to be customers. Nor do pets, aliens, the deceased, etc.

2) Stop ALL short selling. If you have NOTHING invested, you have NO interest in the stock, and no right to make a profit (or loss) on it. Think it will fall, stay out, and shut the heck up (or not)

History people, will lead you out of this market decline.

The market was devised for INDIVIDUAL INVESTORS. Not for computers, and not for scam artists (short sellers).

And you know what, there is some more history that might be considered about now. In the great depression, there were people, brought out into public and HUNG publicly, for crimes gainst "the people".

Ordinarilly, I would be in the camp that says that is barbaric. Now, I am wondering. Which is more barbaric? Too watch hundreds of thousands, to be systematically robbed, or to have a few public hangings, for good cause. No, I am not even advocating a jury for most of them, beyond those present. No life in the pen. They have cost the public ENOUGH. No, they have cost TOO MUCH!

Yes, I could make a case for bankers on every tree limb, so long as you had a congress person on the other side for balance. And, I think we have enough trees for some CEO's that need BILLIONS, that shareholders should have had.

No, not EVERY banker, congressman, or CEO. Not even every oil driller.

But, we need to START somewhere.

To stop computer trades will cause more bleeding. Yes, within that I want to include something else. Banking institutions, will be limited to banking, ie deposits, and loans. They will have to divest, and thier holdings sold, will force prices down some. BUT, THEN , the market WILL RECOVER! But a market bottom, is just the time to implement this.

Bleed to death, or fix it. If not for your blood, what about that of your kids, or your grandkids.

This country has a history, of shedding BLOOD, for the people of the FUTURE. And, it is based on GOOD ideas, of those who founded those concepts.

It is NOT based on the ideas of people who see a way AROUND the system.

Ok, times change, and I am all for it. These very ideas, are the things that have made this country GREAT! But, these new ideas, seem not to be for the future of ALL generations, but for the future of a few, for here and now.

I guess, time will tell. One thing I do know. There is no new AMERICA to run too this time. My best suggestion, in this time, is to FIX, the one we have.

As for me, well, I do have an exit plan, because I have so very little faith in what we have become. I, like our forefathers, have turned over, once too many times, in my not yet grave.

And, the fortunate few of you, probably will too.

What will the rest of you do?

America,, home of the best crooks?

I can't think of a better reason to leave!

And, who is to blame? Our inventive nature? Yes, but, let's not forget WE EDUCATED, the best CROOKS in the world.

Ok, we also educated the best medical minds, and many others.

Hey, it is a BIG PROBLEM, and my tiny mind can's solve ALL of it. But, my TINY MIND, came come up with ONE good idea.

Start SOMEWHERE.

It would not hurt my feelings if we impeached our socialist president either. While we are on the topics of history, one other thing comes to mind. Socialism, just does not work. Anyone with a spare tree limb? You probably need room for a BIG audience.

Comments: View Comments |  Tuesday June 1, 2010