"There should be no reason to borrow stock. One should be able to sell stock at will, regardless of whether the people that are manipulating the stock up are willing to lend it to short sellers...There is absolutely no economic reason why America should cause and force short sellers to borrow stock."
This statement comes from a guy that has been instrumental in the removal of short selling regulations, like of the uptick rule in 2007, and as shown above, he believes that he should be able to sell unlimited shares of stock to unaware investors, which he does not own, and which he will not deliver.
This is a powerful man who has the gall to make the above statement before the public on Bloomberg news. I'd like to see him on the Daily Show, he'd get a more thorough treatment. This is a guy that deserves some righteous public anger.
If he believes what he has just stated, then he's got to be the stupidest man on the face of the planet. Of course, he doesn't believe it, he's a criminal, defrauding investors of legitimate shares of stock.
I look forward to seeing his fall.
To get an idea of the kind of guy Asensio is, check out his website. Click on any link. They will all take you to his terms of service, which you must sign in order to move forward. Read the terms of service carefully. It's a clear setup for a disinformation machine. This is not a man who values the truth.