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Wikipedia and suppression of Naked Short Selling facts
#2
I've been aware of the Wikidpedia manipulation issue for a while now. Can't point you in the direction of supporting articles without a bit of digging but there are plenty of them out there. If memory serves, they concerned inter-alia the systematic toning down or outright attempts to censor a particular point of view through aggressive editing and the disputes/voting mechanism. Two issues I recall were articles on the history of Zionism and the US anthrax attacks. IP addresses indisputably linked to the CIA and AIPAC fronts were involved and systematically logged by the articles' authors.

Neither does it surprise me that there should also be issues close to the hearts (or pockets? - or blackmail susceptibilities?) of the site's owners/operators where a more centralised and perhaps subtle form of 'reality manipulation' occurs; nor that one such issue should be so close to the centre of the Banksters scams.

On the issue of naked short selling per se: It has always been 'against the rules' but the sanctions for transgression have been and remain so paltry as to be laughable and therefore no barrier at all. The remedy really IS simple - 'failure to deliver' should be treated as a default in exactly the same manner as a monetary loan or other default, with sanctions that effectively bar the transgressor from continued market activity until ALL aggrieved parties have agreed settlement. At present, should a Goldman Sachs or JPM (or more likely their agents) decide they wish to aquire xyz small/medium sized listed company at a distressed price, the resources available to short its stock through the floor are trivial in comparison to the value of the publicly tradeable float at the time such a decision is made - the system invites abuse and so the abusers continue to abuse and prosper.

On 'The Matrix' - with due allowance for the US movie industry's addiction to blood-and-guts, shoot-em-up action, I have to say that it really is a masterpiece. It's what I chose as the best way to describe my own journey from credulous sheeple member who nonetheless fancied himself as a hard-nosed, realist man-of-the-world type, to 'enlightenment' - for want of a better term. As I put it on my little blog profile :

Quote:"The result was my 'Blue Pill/Red Pill' moment and the shattering of some cherished and long-held beliefs (or rather illusions as they turned out to be). As a consequence, life in polite orthodox company (ie among those living the 'consensus trance' which, by definition comprises the overwhelming majority) has become 'difficult'. My contributions to discussions on politics, philosophy and world affairs in general are likely to be considered, in varying degree, unwelcome, threatening, scary, treasonable or simply mad; which naturally enough renders me 'persona non-grata' in circles where I cannot be indulged or patronised as the token madman - which in practice means whenever such discussions arise (attempts at patronising or indulgence being hazardous to the intellectual dignity of those inclined to try so-to-speak)

It has one overriding, neurosis banishing consolation though: that of genuine, relaxed, honest, open-minded, sceptical, illusion less enquiry, free from any pressure - self-imposed or otherwise - to align with the powerful and I therefore sleep like a baby."
Peter Presland

".....there is something far worse than Nazism, and that is the hubris of the Anglo-American fraternities, whose routine is to incite indigenous monsters to war, and steer the pandemonium to further their imperial aims"
Guido Preparata. Preface to 'Conjuring Hitler'[size=12][size=12]
"Never believe anything until it has been officially denied"
Claud Cockburn

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Wikipedia and suppression of Naked Short Selling facts - by Peter Presland - 02-04-2009, 01:39 PM

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