Monday, March 2, 2009

Reinstate Uptick Rule, Zero-Value for CDS and CDO Contracts, Cap Interest Rates at <10%, Temporarily Stop Short Selling


Reinstate the Uptick Rule abolished in 2007

The Uptick Rule was abolished in 2007, this rule disallowed short selling on a downward spiral. Abolishing it allowed and continues to allow the ruin of good value corporations at the hands of short sellers.

It is time to reinstate the uptick rule.


Reinstate the Glass-Steagall Act abolished in 1987/1999

The Glass-Steagall Act of 1933 was changed in 1987, and abolished by legislation in 1999 approved by then President Clinton.

To protect the savings assets of the citizens of America from being used by market makers in very high risk investments. You can look up this act on Wikipedia to learn more about it. Without it institutions can borrow currency for investments from places it should not be allowed.

It is time to reinstate the Glass-Steagall act:


Usury - cap credit card and loan interest rates at < >
Capping interest rates at <>CDO and CDs contracts are fraud, the federal goverment should zero value at the stroke of a pen

After all, the federal reserve bank guarantees 6% return dividend to stock holders* of private ferderal reserve stock, and we the people are not able to purchase this stock.

* Information of 6%
guarantee comes driectly from the federal reserve web site.

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