Once again you've demonstrated that you don't know
Post# of 65629
Posted On: 10/09/2016 8:44:54 PM
Once again you've demonstrated that you don't know shit, or history..
The crash of '29, brought on by 'unbridled capitalism', gave us the FDIC and the SEC, among other agencies, all as imperfect as the people who staff them, but still an improvement over no safety against financial collapse whatsoever.
What I don't get is your absolute lack of understanding that the same principle that gave us 3 branches of government, with checks and balances, applies to the stock market and the banks.
Men are NOT 'angels' and therefore we need to set up checks, balances...regulations...to watch out for the real Mf's who are always with us. Nice summary of what our non-angelic behavior made necessary is below.
In any case, I've got a very nice return in my portfolios from two Dem administrations, despite what must have been.....Dems being Dems.....stifling regulations that gave us bear markets.
Oh wait, that didn't f*cking happen! That's THE problem with the dogma you cling to, it's undone by real world events. A rational person would abandon what doesn't work. You know, like supply side justifications for tax cuts?
Yeah, tax hikes were made possible from supply side economics. More pointedly they were made NECESSARY to fix what supply side broke....budget, jobs and stock market growth. Look it up, it was in all the papers.
another thing that is broke? Your 'either o'r formulations that overlook the real answers!
Now I'm going to have a glass of wine or two to prepare me for the glass of wine or two I'll need during the debates. Mostly a mellow celebratory buzz for the realization that it's all over for Trump.
Back to read the results from them online 'snap polls'. LOL!
The crash of '29, brought on by 'unbridled capitalism', gave us the FDIC and the SEC, among other agencies, all as imperfect as the people who staff them, but still an improvement over no safety against financial collapse whatsoever.
What I don't get is your absolute lack of understanding that the same principle that gave us 3 branches of government, with checks and balances, applies to the stock market and the banks.
Men are NOT 'angels' and therefore we need to set up checks, balances...regulations...to watch out for the real Mf's who are always with us. Nice summary of what our non-angelic behavior made necessary is below.
In any case, I've got a very nice return in my portfolios from two Dem administrations, despite what must have been.....Dems being Dems.....stifling regulations that gave us bear markets.
Oh wait, that didn't f*cking happen! That's THE problem with the dogma you cling to, it's undone by real world events. A rational person would abandon what doesn't work. You know, like supply side justifications for tax cuts?
Yeah, tax hikes were made possible from supply side economics. More pointedly they were made NECESSARY to fix what supply side broke....budget, jobs and stock market growth. Look it up, it was in all the papers.
another thing that is broke? Your 'either o'r formulations that overlook the real answers!
Now I'm going to have a glass of wine or two to prepare me for the glass of wine or two I'll need during the debates. Mostly a mellow celebratory buzz for the realization that it's all over for Trump.
Back to read the results from them online 'snap polls'. LOL!
Quote:
Wall Street Reform or Financial Reform refers to reform of the financial industry and the regulation of the financial industry in the United States. Wall Street is the home of the country's two largest stock exchanges, and "Wall Street" is a metonym for the American financial sector. Major Wall Street reform bills include the Federal Reserve Act of 1913, the Glass-Steagall Act of 1933, the Truth in Lending Act of 1968, the Community Reinvestment Act of 1977, the Gramm–Leach–Bliley Act of 1999, and the Sarbanes-Oxley Act of 2002. The most recent Wall Street reform bill, the Dodd–Frank Wall Street Reform and Consumer Protection Act, was signed by President of the United States Barack Obama on July 22, 2010, following a global financial crisis.
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