Setting Up a Stealth Hedge Fund to Bet Against America - It's Not George Soros This Time

Indeed, as an investor I've always had a problem with shorting the market because I believe the stock market is to capitalize American businesses and it allows investors to share in the wealth of good companies. If someone is shorting a market index, our currency, or betting against US treasuries or municipal bonds, or the top US companies that just seems un-American. Anyone who would do that, I suppose I might forgive them if they were not an American, but when US based hedge funds do it, I am concerned.

If they are an Americans, I would have to ask them what team are they on, what side are they playing for? And when a hedge fund bets against the United States, and does so in a stealthy manner, hiding behind other entities, I have a problem with that. I especially have a problem with that if the hedge fund, investment bank, or investment group is doing business with the federal government, is in the know, and has inside information to the U.S. Treasury, the White House, the Senate, and the House of Representatives.

There was a rather troubling article in Fierce Finance Online News not long ago, an interesting piece written by Jim Kim and published on August 8, 2011 titled "Will Goldman Sachs make a massive bet against Western economies?" The article stated that;

"Despite the passage of the Volcker Rule via Dodd-Frank, Goldman Sachs is reportedly supposedly setting up a hedge fund with another company (20% owned by Goldman Sachs' Petershill private equity fund). The Petershill fund is apparently part of Goldman Sachs Asset Management. Recently, the other major partner set up another fund, which will make massive bets against Western economies, notably the US, UK, Spain, Germany, Italy, France, and others, according to the Financial Times."

Personally, beating against Western Economies seems foolish for a long-term strategy if you ask me, and it seems rather unethical the way I see it because Goldman is so intertwined with our own government, and the EU Central Bank is really working hard to stabilize things, so the last thing the world needs is folks going out and making 10s of billions of dollars shorting Western Economies as we are trying to shore them up for the betterment of global stability. See that point?

There is a very good book I think you should read, so you can learn more about this. The book is titled; "The Firm," and then I'd like you to go online and read about how Goldman Sachs was helping Greece secure their debt on one hand, and then betting against the "lousy deal" (which the Financial Times called it) on the other.

Their rationale and excuse for doing this might make sense for a pragmatic intellectual with zero ethics, and someone who sees the stock market, and global finance as just a game to be played to make as much money as possible, and screw anyone else. I just don't feel that way, maybe that's my flaw. Indeed I hope you will please consider all this and think on it.

Lance Winslow is a retired Founder of a Nationwide Franchise Chain, and now runs the Online Think Tank. Lance Winslow believes writing 24,444 articles by September 4th at 4:44 PM will be difficult because all the letters on his keyboard are now worn off now..