Here is an interesting but slightly polemical article I found on the LewRockwell.com website. It is written by Michael S. Rozeff who is a retired Professor of Finance living in East Amherst, New York. In this article Mr. Rozeff talks about the SEC’s decision to ban short selling and he also brings forth some valid criticisms of the SEC. A brief excerpt from the article follows below:
Every day brings a new surprise or two from our home-grown financial central planners. Did they study some Soviet theorists? They didn’t have to. They merely had to grow up in the American political, educational, and media system, our democracy being the disguised socialism-communism-fascism-plutocratic-kleptocracy that it is. They merely absorbed their socialism second-hand.
Once in power, which means once placed in the closed circle of power, our commissars act accordingly. People like Paulson and Bernanke and Cox can act in no other way, being the cowards and creatures of the system they are. They cannot withstand the pressures to conform and survive in the circle of power when combined with their own warped understanding………
Click here to read the rest of this article at LewRockwell.com…
Also I suggest you check out the Michael S. Rozeff Archives