And I can't agree with this point 50ftCat
"This aint capitalism ... it's nanny stateism at best & cronyism at worst"
Short selling has nothing to do with capitalism. Its primary motivation is to drive selling prices down to trigger margin calls and stop losses and create panic thereby causing greater selling than would otherwise occur leading to further price falls so the shorter can then buy the shares back far cheaper. All this has to do with Greed and Get Rich Quickism than capitalism.
I presume you think governments should get out of subsidising the medical and child care systems as these are far more a reflection of nanny stateism and anti-capitalism than banning short selling is. Also, anybody espousing capitalist principals should be opposed to the capital gains discount should go too as it results in people holding shares for 12 months they might otherwise sell. I can't recall any of the people bleating about the banning of short selling on the basis it is interference in the markets complaining about any of the existing interference in the markets.
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