Who out there knows Rep. Gary Ackerman (D-NY)?

Here is a man who should be fully informed of the fact that no world equity market can make any recovery as long as international regulators do not enforce or do not have the uptick rule. Canada is the most egregious area of violation of their regulation in naked short selling and short pool pounding. Inform him and his committee." ( I just sent this off to the OSC for the record. I will get a template reply asking for proof)

I am of the opinion that the only way we can protect ourselves is pre-emptively should the worst some to pass. If I send a registered letter to all pertinent politicians, regulators, industry watchdogs, my bank/brokers and Canaccord outlining my concerns and asking direct questions, (also with a public display on many BBs) I will have at least thrown down the gauntlet and placed the onus on them to answer. That will, in my estimation, at least lay the legal groundwork necessary for legal claim against all involved if the worst materilaizes...and I sure hope it doesn't. Of course there would be class action as well. There would also be the claim for not only financial injury but also demand for legal justice and jail sentences. It would all take years.

If I a wrong about all of this I will merely have been wasting a bit of my time. However it is now far too painful to realize that so many investors in the US (and in Canada re the ABCP mess) are now plain out of luck. Ask those from Enron all the way to AIG and pension funds how they now feel about the loss of billions of their investment dollars. They have no recourse and many lives have been ruined. So, far we have only seen the first half of the misery.

To err through inaction is the greatest error of all.

Maybe a lot of you think I' over reacting but I for one will try to be somewhat proactive before it is too late. Timing is everything.