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Pages: alright let's talk financial reform 101 [1]
Author Topic: Alright let's talk financial reform 101

Posts: 5

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2011-01-30 5-05-06-

alright let's talk financial reform 101 anyone notice how the house version of the bill is weak as hell? nothing on too big 2 fail, basiy doing nothing abt OTC derivatives, doesn't even take any of the volker rule into account. i thought the house was represented the sentiment of the people, and the senate the mantra of the elite? the senate is actually doing more to effect change in this case. tho, you will not see in either bill any means of bringing back glass steagal(specifiy a part of GS: depression era law that separated the workings of a commercial bank from that of investment banking). countries on my short list 4 relocation: india, brazil, south africa, thailand(chang mai area where marc faber aka dr doom lives),new zealand. brb need to take my flintstone vitamin.
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2011-01-31 15-27-31

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Posts: 16

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2011-02-01 2-25-40-

house is always populist and short sighted don't they bring up a bill to make a 84304 burning illegal every couple of years?
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Posts: 3

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2011-02-01 4-27-03-

populist would mean more financial regulation of wall st, i would think. we need to do away w/ all govt pensions!!
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Posts: 4

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2011-02-01 19-11-53

2 alternative things fighting a) they are always looking to be re-elected (so they are afraid to piss anyone off) b) they sway their allegiance to whatever is blowing in the wind
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Posts: 17

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2011-02-04 0-37-46-

that's the thing rite now, the electorate, from tea baggers to small business owners want financial regulation. would think that members of the House would be more swayed by their constituency since the elections r comig up in nov.
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  • taggart

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    Posts: 7

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    2011-02-04 4-26-54-

    hey einstein, sup buddy? long time no chat, too bad i dont feel like talking finance or economics right now. i just bought a fixer upper house
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    2011-02-04 5-23-30-

    nice! where and how much?
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    2011-02-19 11-51-17

    central massachusetts 78k, will get the 8k tax credit. home is in great shape structurally. new heating system. needs new kitchen, bathrooms and roof. refinish the floors and walls and it will be beautiful. luckily my brother is a contractor
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    Posts: 31

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    2011-04-14 4-55-59-

    and what is ur target sell price and target profit and timeframe?
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    Posts: 6

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    2011-07-26 22-47-52

    I plan to live in it for a while It beats an apartment by a long shot, eventually i plan to sell for x-xk and that is being modest, I want to be realistic. it will take about x-xk and a lot of my own labor to fix it up.
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    Posts: 39

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    2012-01-13 8-29-40-

    sweet! good job! what kind of mortgage did u get and what rate? I'm curious bc i am in the process of refinancing my parent's home.
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  • beatty

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    Posts: 53

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    2012-11-04 15-24-16

    financial reform will not happen. not in any real sense. Wall St already owns the United States.
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