I need some questions/talking points from those of you who understand the economic stuff....
🧐 Research Wanted 🤔
We have a Senate candidate who is a filthy rich investment banker. We need to be feeding him questions about the role of the Fed and other pertinent things but I don't understand it well enough to phrase the questions. We've got to sink this empty suit and quickly. Any help appreciated...
Ask him about the SEC not enforcing ban on naked shorting of stocks. This is illegal because it creates counterfeit shares of stocks. Hedge funds get slaps on wrist if they get caught.
Hedge funds have used naked shorting to drive perfectly good companies into the ground as well as they don’t close their positions while a bankrupted company’s stock price stays close to zero (this is called cellar boxing). They get out of paying taxes this way on gains because they never close the position there is no ‘gain’ to declare for tax purposes.
Zombie stocks sears and blockbuster,still around and spike up now and then......
I just wish I had access to buy blockbuster still so when it periodically goes up 6,000% in one day I could become a millionaire. Cellar boxing bastards.
We caught them this time,all we have to do is hodl.