The Mote In Your Eye

Don’t blame President Obama for the Sub-Prime explosion of crime in the financial community.  He is a former Social Worker from Chicago (Dare I say Kenya?).  The legislative stage for the world-wide flood of Sub-Prime paper was set entirely by Billy Clinton.  That explosion of worthless Wall Street paper was used to destroy your savings, collapse the value of your home and gobble up control of all of corporate America.  That was a stick in your eye.

But that’s not the mote.  Take a look at your investment portfolio.  Check out the number of shares issued since Clinton opened the criminal floodgates on Wall Street. Earnings dilution resulting from private share issues could turn out to be the mote you haven’t yet noticed in your eye.

Here is how the scam works.  You buy shares in a one million share company.  Soon afterward Wall Street quietly takes control of the company.  Then one hundred million shares are sold to a Saudi “Sovereign Dictatorship” company.  Now your investment is controlled by a foreign entity, the company earnings have fallen to nil and your shares are worthless.

Excessive share issuance is described as dilution.  In my view, dilution becomes a crime when it is used to subvert the interests of legitimate shareholders.  It’s happening everywhere in the formerly Free World.  Check on your investments.