Random Copulative Assembly and The Healing Power Of Banning Short Stock Sales
Andrew Lo, an economist at M.I.T., has said “It’s a bit like suggesting we take heart patients in the emergency room off of the heart monitor because you don’t want to make doctors and nurses anxious about the patient.” Others have argued that to ban short selling is to artificially protect the politicians and bankers who don’t want widespread panic.
“Who says they don’t want panic?” asked economist at the Rymanhowser Institute, Dr. Banisar Rubleminic. “Hitler loved panic. Remember the Reichstag Building? Doctors and nurses don’t usually bet against the recovery of their patients. That would be like the doctor or nurse owning the next door funeral home,” said Rubleminic. When told that in the U.S. there are some states that have no laws against doctors owning funeral homes Rubleminic said, “Then I’d definitely find another doctor or move to another state! And if you find that the doctors are receiving under the table kick backs from the morticians or fraudulent pill pushers, I would demonstrate to them a visual example of what economist Adam Smith called the Invisible Hand!" said Rubleminic. "Theirs would disappear! Legally. They'd loose their medical licenses. Nobody is arguing that the government not regulate physician behavior and some say that the American Medical Association is even due for a tightening of its own oversight policies."
“I know economists and investment brokers who will argue ‘I can’t think of a a single good example of the market driving down a bank stock’, for example, when that bank is not already in terrible shape anyway,” said Rubleminic. “Well I can,” he said. “When Treasury Secretary, Henry Paulson, told Bank of America President, Ken Lewis, that his bank would have to buy out Merrill Lynch because of Merrill’s toxic assets, you might as well have held a gun to Lewis’ head. Unless Lewis was in on the deal from the start so as to appear not to want Paulson’s bailout money citing the real financial health of his bank. We may never know,” said Rubleminic, “but banning short selling would go a long way to heal the U.S. economy. “Simple is better,” said Rubleminic. “Adam Smith’s Invisible Hand only works efficiently when there is simplicity in the markets. We don't let baseball or football players bet against their own teams. Do that and you have what we economists call a 'random copulative assembly'. When there is a lot of slight of hand tricks the Invisible Hand is so damned invisible that it might as well have been amputated and fed to a bear,” said Rubleminic citing WorldCom, Enron, HealthSouth, ColumbiaHCA, United Health Group, Lehman Brothers, Bear Stearns, AIG and several other companies he considers 'slight of hand' stock market magicians including accounting firms like Arthur Anderson who were suppose to provide what he called necessary "legal certainty to the investing public and handsoap for Smith's Invisible Hand when it is covered with fecal material." Rubleminic lamented what he described as the Wall Streeter's economist icon, Milton Friedman, as "always selling the reliability that no feces infected Smith's Invisible Hand....which as anyone can tell you is humanly impossible...which is why we wash."
I mentioned that Milton Friedman won a Nobel Prize for his work. "So did Henry Kissinger....the Noble Peace Prize. Can you believe that!" retorted Rubleminic. " You'd think the Nobel Peace Prize was created by some psycho bomb maker or something," he continued.
Rubleminic explained that there are two forms of chaos that undermine investor confidence....1) Random Copulative Assembly or RCA and 2) Planned Copulative Assembly or PCA. He noted that the second is significantly more devious than the first and seeks to permanently shift the Invisible Hand's motor mechanism by controlling the market's hidden ligament movements well up the Invisible Hand's wrist, forearm and shoulder. "Random Copulative Assembly was what happened in 1979 when it was widely reported that two professional football teams, rumored to be the Washington Redskins and New York Giants, not unlike the 1919 Chicago Black Sox baseball scandal, were throwing the game, but neither knowing that the other team was purposely trying to lose. They battled to a 0-0 tie before a twenty minute sudden death overtime when a defensive player accidently ran the ball into his own endzone for a touchback accidentally losing the game by two points," said Rubleminic citing the bizarre effects of Random Copulative Assemblies versus Planned Copulative Assemblies that have reliable outcomes, but only for a small group of power elites.
Rubleminic said that one of the most obvious examples of what he calls the "Reichstag Rumble" is the advertisements of Rosland Capital, the gold purveyors. "They use the CIA/White House plumber, G. Gordon Liddy, who was known for quietly spreading panic in Washington until he botched the Watergate break-in. The subliminal message is that 'if your government hires guys like this piece of work, you really ought to be in gold'. I'm not so sure that the Rosland Capital guys didn't make the phone call to Washington Police to report Liddy's Watergate activities as part of their PCA strategy. It sure the hell wasn't Forrest Gump! What Americans should be saying is.... 'we ought to use the rule of law and line up these assholes against the wall and execute them for treason when they undermine the nation's primary mission,'" said Rubleminic. "Liddy, that kinky numb-nuts, was about as good a tactician as John McCain was at not crashing airplanes. For Christ's sake, to crash five airplanes and not be drummed out of the service you'd have to be an Admiral's son rising against all reason within a Planned Copulative Assembly," said Rubleminic.
I explained that Senator McCain is an Admiral's son.
"Then in all seriousness, go get some gold!" said Rubleminic.
Rubleminic's work has not gone unnoticed by others who have attempted to trumpet a warning to the American citizenry. George Royall of the non-profit group, The Invisible Hand, said that Rubleminic's work proved invaluable in his research into the manipulation of the free market by both RCA and PCA factions. "We have shown this in the exposure of the government's civil defense film The House In the Middle which was a promotional advertisement for the American paint and varnish industry. Our government leadership sides with Wall Street to form a PCA group that paints over the truth and cannot be trusted not to white wash the facts," said Royall who argued that "this is why our work is to insure that the Invisible Hand is truly invisible and clean if not manicured, and that it operates totally independently of outside forces like the severed hand in the horror film, The Addams Family. Only when people fear the Invisible Hand like they do when they come over a hill doing 80 mph in 20 mph school zone and see Old Smokey's radar on the roadside ahead can you trust that the Invisible Hand is doing the job it was intended to do," said Royall. Royall noted that dishonest Smokies can be the handmaiden's of RCA or PCA factions and as such should be "throughly washed and scrubbed out of their leadership roles."
by Winsip Custer CPW News Service
With the advent of Michael Lewis’ book The Big Short and it’s aggrandizement of short sellers who rejoice and profit in economic disasters like Kyle Bass, a key figure in Lewis' best seller, the question of banning short selling inevitably comes up. Its recent ban in Europe, particularly Germany, has received widespread attention.
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| Michael Lewis, author of The Big Short |
“Who says they don’t want panic?” asked economist at the Rymanhowser Institute, Dr. Banisar Rubleminic. “Hitler loved panic. Remember the Reichstag Building? Doctors and nurses don’t usually bet against the recovery of their patients. That would be like the doctor or nurse owning the next door funeral home,” said Rubleminic. When told that in the U.S. there are some states that have no laws against doctors owning funeral homes Rubleminic said, “Then I’d definitely find another doctor or move to another state! And if you find that the doctors are receiving under the table kick backs from the morticians or fraudulent pill pushers, I would demonstrate to them a visual example of what economist Adam Smith called the Invisible Hand!" said Rubleminic. "Theirs would disappear! Legally. They'd loose their medical licenses. Nobody is arguing that the government not regulate physician behavior and some say that the American Medical Association is even due for a tightening of its own oversight policies."
 |
| Ken Lewis, Bank of America considering "shot gun" marriage of Bank of America with Merrill Lynch. |
I mentioned that Milton Friedman won a Nobel Prize for his work. "So did Henry Kissinger....the Noble Peace Prize. Can you believe that!" retorted Rubleminic. " You'd think the Nobel Peace Prize was created by some psycho bomb maker or something," he continued.
Rubleminic explained that there are two forms of chaos that undermine investor confidence....1) Random Copulative Assembly or RCA and 2) Planned Copulative Assembly or PCA. He noted that the second is significantly more devious than the first and seeks to permanently shift the Invisible Hand's motor mechanism by controlling the market's hidden ligament movements well up the Invisible Hand's wrist, forearm and shoulder. "Random Copulative Assembly was what happened in 1979 when it was widely reported that two professional football teams, rumored to be the Washington Redskins and New York Giants, not unlike the 1919 Chicago Black Sox baseball scandal, were throwing the game, but neither knowing that the other team was purposely trying to lose. They battled to a 0-0 tie before a twenty minute sudden death overtime when a defensive player accidently ran the ball into his own endzone for a touchback accidentally losing the game by two points," said Rubleminic citing the bizarre effects of Random Copulative Assemblies versus Planned Copulative Assemblies that have reliable outcomes, but only for a small group of power elites.
 |
| G. Gordon Libby, White House Plumber and gold salesman. |
I explained that Senator McCain is an Admiral's son.
"Then in all seriousness, go get some gold!" said Rubleminic.
Rubleminic's work has not gone unnoticed by others who have attempted to trumpet a warning to the American citizenry. George Royall of the non-profit group, The Invisible Hand, said that Rubleminic's work proved invaluable in his research into the manipulation of the free market by both RCA and PCA factions. "We have shown this in the exposure of the government's civil defense film The House In the Middle which was a promotional advertisement for the American paint and varnish industry. Our government leadership sides with Wall Street to form a PCA group that paints over the truth and cannot be trusted not to white wash the facts," said Royall who argued that "this is why our work is to insure that the Invisible Hand is truly invisible and clean if not manicured, and that it operates totally independently of outside forces like the severed hand in the horror film, The Addams Family. Only when people fear the Invisible Hand like they do when they come over a hill doing 80 mph in 20 mph school zone and see Old Smokey's radar on the roadside ahead can you trust that the Invisible Hand is doing the job it was intended to do," said Royall. Royall noted that dishonest Smokies can be the handmaiden's of RCA or PCA factions and as such should be "throughly washed and scrubbed out of their leadership roles."
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