Sunday, December 11, 2011

Why the Average American Investor will always get "shafted"....

--These guys...Paulson and Bernake...are the biggest manipulators and culprits in the manipulation of markets that were supposedly regulated and "free"--

This article about how the US Secretary of the Treasury Paulson gave hedge funds advance word of the government bailout of Fannie Mae is just the latest of many instances where government and SEC insiders get a huge advantage in the American markets over the average American investor. The people MAKING the rules are continually BREAKING them...without reproof.

I continue to believe that investors in the American markets will never get a fair shake while the market manipulators or their lackies are running the SEC and Wall Street. The "old boys club" continues to be alive and well as it always has been. A very small fraction of inside traders get caught or convicted. It is only the middle level or small time players who get taken to the cleaners when someone accuses them...while the guys at the top like Paulson always have a finger to point elsewhere or run under the cover of the most expensive lawyers Wall Street can afford...which are the "best".

I was a licensed investment broker in the mid 1980s and have seen this stuff from up close and personal. It sickened me then, and it sickens me now. These machinations are a big part of the reason I got out of the broker racket. Unless you are part of the inside track machine, you might want to reconsider the idea of investing in direct stocks.

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