Bill Ackman and Herbalife

Cockroaches Bill Ackman and James Cramer are attacking Herbalife again.

Hedge fund manager Bill Ackman said on CNBC today that he would give the “most important” presentation of his career on Tuesday when he unveils an investigation into Herbalife’s nutrition clubs.

In December 2012, Ackman, who runs Pershing Square Capital, gave a 342-slide presentation publicly declaring that he’s shorting Herbalife — a multilevel marketing company that sells weight-loss shakes and nutritional supplements.

But didn’t he have two years to make his case, and he’s still underwater on his position. Odds are, he’s played his hand and he has nothing but smoke and mirrors.

Affiliate and MLM marketing is not illegal – many companies use recruiting to increase sales. Liberals like Ackman and Cramer are just attacking another great American success story. Their political party cannot create wealth, it can only spread or destroy it.

The worst that will happen is Herbalife will get a slap on the wrist, possibly by having to make some subtle changes to their marketing techniques and paying a small fine. Most likely, the SEC and FTC will give the ‘all clear’ and the stock could possibly surge 40% or more. Even with a fine, the stock will still respond favorably, because the worst is over. The major tobacco companies, for example, survived and thrived after years of litigation and fines. Again, MLM is not illegal, with the FTC only going so far as recommending that people avoid such schemes. Furthermore, there is no law that prohibits a company from profiting from the infinite resource that is human stupidity.

As Herbalife fights these charges, Ackman and his accomplices will continue to twist and squirm like the injured cockroaches that they are, until they are finally put out of their misery.