SEC's Short-Selling Ban Mauls Prudent Hedgers

The title article from SmartMoney documents the unintended consequences of Politically Motivated Government Control. Government then resorts to more Political Government Control to solve all problems. Hence the path to Socialism is advanced at a record pace.

A Single-Party Politically Controlled Government places their power over principal. The good of the country comes in second.

While a government is needed to define and implement policy, the Politically Controlled Government we have today can't seem to properly allocate these demands.

The Administration (One Party) proposes a plan that they believe will help remedy a problem with the knowledge that a Congress (Second Party) must agree. It is not necessarily their optimum program, from a Conservative Viewpoint, but one that might work with a Liberal Viewpoint. Hence it really results in Congressional Control from the beginning.

In the end, The Administration recommends, Congress defines, and The Administration accepts or rejects.

The results of today's Power Center is more Socialism.

Is the only play today a play in Socialism?

You must be in Power and part of The Elite Party.

By definition this leaves out Middle America because you only have two classes--Those in and those out. The In Class will be smaller because they need the Out Class as "slaves" to implement the In Class "Wisdom."

It isn't clear to me whether the Paulson Plan would work under the environment we have in Government today if it were implemented by the current administration. But it is clear to me that we aren't going to have that opportunity.

Congress will change it too much to the left and make it impossible for the market to work and correct another problem Congress created earlier. Hence they must step in again and pick New Winners and Losers from a Political Viewpoint.

Unless Congress is changed in the next election, or at least restrained, the next election will define for you whether you are in the Elite Party, or the Slave Party.

Note, the Party you are in is not determined by your vote, but by the results of the next election. You will either be a Elite Ruler, or Ruled Slave.