Regulation For You, But Not For Soros

The hedge fund short sellers, who are members of the Managed Funds Association, are running our government today. They are the ones who authored the Dodd bill. The Dodd bill is punishing the victims of the Hedge Fund short sellers. The Dodd bill is punishing the good Wall Street.

Diamond says that the repeal of the safeguard regulations, such as the uptick rule, circuit breakers and trading curbs, and the introduction of the short ETFs (Exchange traded funds), which began under Christopher Cox at the Securities and Exchange Commission, has given the members of the MFA tremendous power and influence. He says these individuals include George Soros, John Paulson, Jim Chanos, James Simon, and other hedge fund short sellers, including those who operate Quant Funds and engage in computerized trading.

Many people do not realize that the hedge funds are responsible for 75-90 percent of all trading activities on Wall Street. They are responsible for the extreme market volatility. They are responsible for everything that is bad on Wall Street.

An example of the bad Wall Street would be someone like George Soros. These people are the financial hedge fund short-selling operators who make money by betting on company collapse, economic calamities and catastrophes.

Soros and his collaborators have an anti-capitalism agenda, an anti-industrialized nation agenda, and a far-left liberal, Marxist radical agenda. Most hedge fund short sellers are not capitalist. They are anti-capitalist and they are not investors. They are anti-investors. They succeed when companies (or countries) fail.

The bad Wall Street, in the form of the hedge fund short sellers, engineered the economic collapse, looted every portfolio that had exposure to the stock market, and blamed George Bush and the Republicans, enabling Barack Obama and his backers, including Soros, to take power.

The only financial reform needed today is to regulate and monitor the hedge funds and the hedge fund short sellers, some of them which are registered off-shore to avoid scrutiny. These global operators, with investors who remain mostly anonymous, must be compelled to register with the Securities and Exchange Commission (SEC), publicly disclose their positions in the markets, and maintain accounting and trading records for a period of 10 years so their activities can be monitored and scrutinized. Just like mutual funds, they must be prohibited from engaging in day trading activities.

The hedge fund short sellers looted $11 trillion from the U.S. economy. They walk away with all our invested capital and they walk away with the intrinsic profit from devalued home mortgages (our homes) through short selling. Yet, no one goes to jail. Why? Answer: they are too chummy with the Obama administration. The looters have been given a seat at the table in the White House. They are being protected by our government.

As an immigrant who came to America to achieve success, I understand the stakes, perhaps more than most. This is a fight to save America, to save capitalism and protect us from the disaster of socialism. I know that the liberals, who say they want to help the poor, think that the solution is socialism. But socialism never helps the poor; it only traps them indefinitely in poverty. You will never have a rags-to-riches story in a socialist economy. Liberation from poverty is only possible through capitalism.

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