Naked shorting has not been the problem here. They use this as a scapegoat and diversion from their own gross mismanagement of the economy.

You'll also note that this is limited to the two entities which the Fed will be buying. How sweet is that? The PPT gets to go on shorting gold and gold producers while they get protection for their newest holdings.

What I see here is an expanding socialist state.

Wikipedia defines socialism as "Socialism refers to any of various economic and political concepts of state or collective ownership and administration of the means of production and distribution of goods and services."

Some folks in the US are fooled into thinking that high taxes define socialism. Not so. High taxes are a product of socialism as more and more state control erodes the economy and tax revenue. Market regulations such as they have laid out today and in the past several months are eroding the free market. They are eroding the balance that makes the free market work. State ownership of failing entities will lead to a larger and larger debt which will eventually lead to higher taxes.

Add to the mix the Patriot Act and it's implications, the actions of the PPT and you are well on your way to seeing the United Socialist States of America. Welcome to the USSA.