[lbo-talk] Socialism ascendant?

[Max B. Sawicky]

This foofaraw about shorts is a distraction.
Assorted miscreants are overleveraged with bad paper.
The only thing short selling does is bring their market prices,
heretofore inflated by non-transparent dealings,
to reality faster.  Dean Baker has been hitting this.


> 
> Another question for those with expertise in the financial markets:
> What's up with the SEC banning short selling?
> http://www.cnbc.com/id/26781646  Everything I've read so far suggests
> this is a wild, desperate move...
> 
> -WD
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