by Carmine Nuhturs, CPW News Service
Simply make short-selling illegal? Could you imagine the effects of only betting on winners while leaving the Joe Sixpack investors out of the complicated credit default mumbo jumbo that not even Robert Merton, guru of credit default swaps whose father is the "father of applied sociology at Columbia University, the Hogwarts of mass media mind manipulation, regardless of his Nobel Prize for economics, understood that his work provided the smoke screen that allowed Goldman Sachs and others to do exactly what Senator Carl Levin showed from their emails was what they did to pedestrian Americans...."sold 'em some real shit." Then, Wall Street blamed the housing bubble on the greedy bimbos of the sub-prime crowd who was to have received the "bailout" to bail them out. Oops! S&L's here we go again, but not by robbing the FDIC for the S&L bamboozle. This time, 2008, they went straight up to the trough and gobbled with the Fed's and Congress' blessings. "Greenspan's 'put' he had to confess had been a poot in our silly stupid faces," said one disgruntled Wall Street blow hole watcher.