You're now on the archive server. Commenting has been disabled.

Selling Traditional Marriage Short

Benjamin N. Dover III's picture




Judging by the large percentage of recent equity trades that have involved sales, I'm fairly certain that the SEC has not yet implemented my suggestion to outlaw all stock sales. To its credit though, it has finally imposed additional regulatory requirements on economic terrorists short sellers, by mandating greater disclosure of short sales and requiring that firms locate shares that could be borrowed before allowing short sales. 

Although the SEC's new rules are a far cry from my proposal to waterboard short sellers (OK, it was originally Dennis Kneale's idea), any measure to harass those responsible for the economy's recent self-esteem problem is a step in the right direction.  And now that the SEC has the short-selling menace under control, it can turn its regulatory ire toward the second most pressing unnatural practice that's undermining capitalism: gay marriage.

As more and more states capitulate to the tyranny of the majority and legalize same-sex marriage, this back-end assault on the traditional marriage model poses an increasingly turgid threat to the sanctity of marital assets and thus to capitalism as a whole. Historically, the SEC has not had jurisdiction over the personal strategic partnership space.  But the institution of marriage has long been recognized as one of civilization’s most valuable legacy assets. And like any asset, it can be securitized in order to enhance capital liquidity, re-allocate risk and, of course, disincent deviant sexual behavior.

Using the peerless technical expertise of the same portfolio managers "pre-qualified" to manage the PIPI plan, the SEC could create innovative derivatives whose payments are supported by the cash flows generated by pools of marital assets. Once securitized, marriage could be regulated by the SEC, which would then require its end-to-end heterosexualization. The SEC could positively spin this initiative by marketing these instruments as "Monogamy Obligations" or "The Bonds of Marriage." And those choosing to orientate themselves non-heterosexually could be placated by permitting them to buy these instruments pari passu with normal people.

It's about time the SEC got on the right side of history. Much like the hate that dare not speaks its name -- short selling, gay marriage has no future. The sooner the SEC bans them both, the sooner it can get back to its intended purpose of laissez-faire-ing the securities markets.




Similar Articles You Might Enjoy:

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Wed, 07/29/2009 - 19:31 | Link to Comment Anonymous
Thu, 07/30/2009 - 15:25 | Link to Comment Anonymous
Wed, 07/29/2009 - 15:30 | Link to Comment Anonymous
Wed, 07/29/2009 - 15:11 | Link to Comment Anonymous
Wed, 07/29/2009 - 14:08 | Link to Comment Anonymous
Wed, 07/29/2009 - 20:21 | Link to Comment Freeple
Freeple's picture

I agree.

Wed, 07/29/2009 - 10:46 | Link to Comment Anonymous
Wed, 07/29/2009 - 11:08 | Link to Comment Anonymous
Wed, 07/29/2009 - 11:50 | Link to Comment Counterparty (not verified)
Wed, 07/29/2009 - 16:48 | Link to Comment dark pools of soros
dark pools of soros's picture

peter pan syndrome, etc   plenty of reasons why someone attaches their faults/fears into other structures for support

 

it ain't all physical.. a lot of it is mental 

Wed, 07/29/2009 - 13:54 | Link to Comment aldousd
aldousd's picture

kinda like implying that someone who believes in god and satan would choose satan to 'worship.'  this isn't too surprising. the 'church of satan' are atheists :D

Wed, 07/29/2009 - 05:00 | Link to Comment Anonymous
Wed, 07/29/2009 - 16:44 | Link to Comment dark pools of soros
dark pools of soros's picture

there's already nothing left and they print it out and make you pay for it some more..  nothing will stop them except some well paced anger

Wed, 07/29/2009 - 11:07 | Link to Comment Anonymous
Wed, 07/29/2009 - 16:44 | Link to Comment dark pools of soros
dark pools of soros's picture

what's in her pill basket?

 

or in yours?

Wed, 07/29/2009 - 02:56 | Link to Comment akreitman
akreitman's picture

   You missed the best part, FINRA is supposed to publish daily short interest.  Yup, that a good way to stop bear raid.  I can hardly wait!

Wed, 07/29/2009 - 02:53 | Link to Comment Anonymous
Wed, 07/29/2009 - 02:50 | Link to Comment Anonymous
Wed, 07/29/2009 - 02:50 | Link to Comment Anonymous
Wed, 07/29/2009 - 01:51 | Link to Comment Anonymous
Wed, 07/29/2009 - 00:21 | Link to Comment Anonymous
Wed, 07/29/2009 - 00:15 | Link to Comment Anonymous
Wed, 07/29/2009 - 11:06 | Link to Comment Anonymous
Wed, 07/29/2009 - 16:41 | Link to Comment dark pools of soros
dark pools of soros's picture

they'll need to parter with absolut to provide PLENTY of liquidity

Wed, 07/29/2009 - 04:42 | Link to Comment Anonymous
Tue, 07/28/2009 - 22:38 | Link to Comment Gilgamesh
Gilgamesh's picture

Now, now... there's no need to lash out at the general public.  Yes, your parents made a very poor choice of name.  But once you grew into a man, no one forced you to take it.

 

Maybe it wasn't a choice for you to be such a hardass.  But don't sell the rest of US short.

Tue, 07/28/2009 - 19:54 | Link to Comment glenlloyd
glenlloyd's picture

I found this particularly entertaining, especially the "back-end assault" mentioned in paragraph #2.

Do NOT follow this link or you will be banned from the site!