Comments on: Germany’s short-selling ban misses the point http://blogs.reuters.com/breakingviews/2010/05/18/germanys-short-selling-ban-misses-the-point/ Mon, 26 Sep 2016 03:26:00 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: GetpIaning http://blogs.reuters.com/breakingviews/2010/05/18/germanys-short-selling-ban-misses-the-point/comment-page-1/#comment-2558 Thu, 20 May 2010 17:45:19 +0000 http://blogs.reuters.com/columns/?p=3111#comment-2558 Naked short selling is fraud, and has the same effect as counterfeiting, or, as the Libertarians like to say, printing money. Naked shorting “creates” shares that don’t even exist, and dumps them into the market, diluting the value of the legitimate shares in circulation.

It does not make sense for the markets to sell off on the news that governments are taking steps to limit the damage done by the fraudster naked short sellers. Either the market makers are sending a message, “Don’t mess with our ability to screw investors” or, they see the writing on the wall and are cashing out until more cooperative government leaders can be bought.

]]>
By: edgyinchina http://blogs.reuters.com/breakingviews/2010/05/18/germanys-short-selling-ban-misses-the-point/comment-page-1/#comment-2542 Thu, 20 May 2010 01:36:27 +0000 http://blogs.reuters.com/columns/?p=3111#comment-2542 Soooo, if this new rule is practically meaningless as you say, why did the markets fall on its announcement? Unless the market is meaningless also…..

]]>
By: jebahoula http://blogs.reuters.com/breakingviews/2010/05/18/germanys-short-selling-ban-misses-the-point/comment-page-1/#comment-2540 Wed, 19 May 2010 23:35:57 +0000 http://blogs.reuters.com/columns/?p=3111#comment-2540 Europe has a common currency, the euro, created by the European Central Bank, which is controlled by the monopoly banks in Europe, but the central government, the European Union, does not have the power to tax or control budgetary spending of the free, sovereign, independent States in this voluntary Union.

These monopoly banks, using their European Central Bank, created this current financial crisis to change the European Union into a compulsory union of colonies under their centralist government with the power to collect taxes from the citizens and dictate budgetary spending by each State (colony).

The major cut in spending will be the replacing of each State’s separate military power with a central European army, allowing taxes to be collected without so much resistance, which will balance the budgets of these colonies.

The collection of taxes will strengthen the euro and the centralist government, while greatly reducing the power of each State and move the world one more major step toward a one world currency, controlled by the monopoly banks.

Since central banks create money out of thin air with digital computer entries, a digital one world money system should logically follow with implanted computer chips for the citizens, which will end all the identity theft.

]]>
By: Bob9999 http://blogs.reuters.com/breakingviews/2010/05/18/germanys-short-selling-ban-misses-the-point/comment-page-1/#comment-2537 Wed, 19 May 2010 21:20:01 +0000 http://blogs.reuters.com/columns/?p=3111#comment-2537 Germany’s actions suggest that the government has a complete lack of understanding of markets. This is consistent with Germany’s long-standing position that the possibility of inflation is that only parameter of its currency that matters. Everybody knows about the German hyperinflation of the 1920s, and everybody agrees that there should be any tolerance of government incompetence of that sort. But to say that inflation is the only currency parameter that matters is to set up a situation where sometimes the cure will be worse than the disease.

]]>
By: JJWest http://blogs.reuters.com/breakingviews/2010/05/18/germanys-short-selling-ban-misses-the-point/comment-page-1/#comment-2536 Wed, 19 May 2010 20:11:55 +0000 http://blogs.reuters.com/columns/?p=3111#comment-2536 Actually — Germany GETS the point. The rest of the world better get the point too — real soon — or economic chaos will follow again as sure as night follows day. Remember the S&L chaos not that many years back? How many times does this have to happen before we join Germany in declaring “enough is enough”.

]]>
By: Gotthardbahn http://blogs.reuters.com/breakingviews/2010/05/18/germanys-short-selling-ban-misses-the-point/comment-page-1/#comment-2533 Wed, 19 May 2010 14:50:25 +0000 http://blogs.reuters.com/columns/?p=3111#comment-2533 Precisely. I would add that Chancellor Merkel is in a rather delicate position politically after her recent by-election losses, thus she may be looking to deflect attention from that and give the appearance, however fleeting, of being on top of this issue. A sorry sight indeed, these Euro-pols pointing fingers in all direction but at themselves.

]]>
By: doctorjay317 http://blogs.reuters.com/breakingviews/2010/05/18/germanys-short-selling-ban-misses-the-point/comment-page-1/#comment-2527 Wed, 19 May 2010 01:30:33 +0000 http://blogs.reuters.com/columns/?p=3111#comment-2527 In desperate times, desperate people do desperate things.
Simple as that. It’s a situation where you should shut up when you have nothing intelligent to say.

]]>