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| Topic: Hear say of course ...Dodd-Frank law... | |
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Edited by
mysticalview21
on
Thu 06/15/17 08:35 PM
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Dodd–Frank Wall Street Reform and Consumer Protection Act republican and president want to get rid of this law ... I heard this will hurt regular Americans badly ... and might even bring on the nxt crash ... but some did say we are better off ... then they want you to believe ... but again this does not make any since if they want people to invest ... my only guess is some how again... just for the wealthy to gain ... https://en.wikipedia.org/wiki/Dodd%E2%80%93Frank_Wall_Street_Reform_and_Consumer_Protection_Act |
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Hear say of course ... Dodd–Frank Wall Street Reform and Consumer Protection Act republican and president want to get rid of this law ... Not really "hear say" since Trump passed an executive order a couple months ago asking for treasury to review it and report this month, to try and find ways to best reform the act or if it's best to just get rid of it. I heard this will hurt regular Americans badly ... Did you hear how? I heard there's bigfoot close to where I live. and might even bring on the nxt crash ... According to "I heard" the next crash has been imminent for the last 10 or so years(QE! Crash! Yellen lowering rates! Crash! Yellen raising rates! Crash! Auto, subprime, student, housing, unsecured loan, silicon valley, bubbles popping! Crash! Derivatives exposure! Crash! Consumer retail falling! Crash! Caterpillar 100 straight quarters of losses! Crash! Obamacare failing! Crash! Trump presidency! Crash! 2012 end of the world will cause crash! Cyber attacks! Crash! Infrastructure decay, fix or crash! Gold going up! Crash! Bitcoin cryptocurrency popularity means crash! Inventories rising! Crash! Inventories falling! Crash! Vix too high, vix too low! Crash crash! China's cooking the books! Crash! Brexit, the EU is failing! Crash!) and it's going to be bigger than any other crash in history. Oh, and it's tied in to WWIII, which is also imminent, and could be set off by Syria, or North Korea, or China, or Russia. but some did say we are better off ... Better off how? then they want you to believe ... Who is "they?" and what do they want me to believe? my only guess is some how again... just for the wealthy to gain ... "The wealthy" will always gain. "The wealthy" doesn't really represent a coherent group of people on one side, with one way of doing things, all invested in a single way that's going to be affected unilaterally by change, either good or bad. |
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The specific thing I most would like to understand, is why Republicans as a party, are opposed to requiring that investment people who are charging customers for advice and purchase services, be required to give advice based on their paying customer's best interests, rather than according to who is offering them the highest commissions alone. The GOP wants financial advisers to be able to lie to their own customers as to what to invest in, in order to line their own pockets.
What's up with that? |
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The specific thing I most would like to understand, is why Republicans as a party, are opposed to requiring that investment people who are charging customers for advice and purchase services, be required to give advice based on their paying customer's best interests, rather than according to who is offering them the highest commissions alone. The GOP wants financial advisers to be able to lie to their own customers as to what to invest in, in order to line their own pockets. What's up with that? Don't know, one would think that both Democrat and Republicans like to make money. But it's just the Republicans? Give us a source for your claims. |
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The specific thing I most would like to understand, is why Republicans as a party, are opposed to requiring that investment people who are charging customers for advice and purchase services, be required to give advice based on their paying customer's best interests, rather than according to who is offering them the highest commissions alone. The GOP wants financial advisers to be able to lie to their own customers as to what to invest in, in order to line their own pockets. What's up with that? Don't know, one would think that both Democrat and Republicans like to make money. But it's just the Republicans? Give us a source for your claims. well, it's been all over the news, so I'm amazed you missed it. Here's an example from the NYT: https://www.nytimes.com/2017/02/03/business/dealbook/trump-congress-financial-regulations.html?mcubz=0&_r=0 |
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The NY Times? That's why I never heard of it. Sorry, I don't read that fake news rag.
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The NY Times? That's why I never heard of it. Sorry, I don't read that fake news rag.
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Edited by
mysticalview21
on
Tue 06/20/17 09:28 AM
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Hear say of course ... Dodd–Frank Wall Street Reform and Consumer Protection Act republican and president want to get rid of this law ... Not really "hear say" since Trump passed an executive order a couple months ago asking for treasury to review it and report this month, to try and find ways to best reform the act or if it's best to just get rid of it. I heard this will hurt regular Americans badly ... Did you hear how? I heard there's bigfoot close to where I live. and might even bring on the nxt crash ... According to "I heard" the next crash has been imminent for the last 10 or so years(QE! Crash! Yellen lowering rates! Crash! Yellen raising rates! Crash! Auto, subprime, student, housing, unsecured loan, silicon valley, bubbles popping! Crash! Derivatives exposure! Crash! Consumer retail falling! Crash! Caterpillar 100 straight quarters of losses! Crash! Obamacare failing! Crash! Trump presidency! Crash! 2012 end of the world will cause crash! Cyber attacks! Crash! Infrastructure decay, fix or crash! Gold going up! Crash! Bitcoin cryptocurrency popularity means crash! Inventories rising! Crash! Inventories falling! Crash! Vix too high, vix too low! Crash crash! China's cooking the books! Crash! Brexit, the EU is failing! Crash!) and it's going to be bigger than any other crash in history. Oh, and it's tied in to WWIII, which is also imminent, and could be set off by Syria, or North Korea, or China, or Russia. but some did say we are better off ... Better off how? then they want you to believe ... Who is "they?" and what do they want me to believe? my only guess is some how again... just for the wealthy to gain ... "The wealthy" will always gain. "The wealthy" doesn't really represent a coherent group of people on one side, with one way of doing things, all invested in a single way that's going to be affected unilaterally by change, either good or bad. Did you hear how? if I can remember the regulation takes away from the banks ... to move $ and this will only hurt the lower class of Americans ... their will not be a safety net anymore for them ... if they remove this law... an doing it all for the wealthy ... |
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I heard this will hurt regular Americans badly ... Did you hear how? I heard there's bigfoot close to where I live.
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The NY Times? That's why I never heard of it. Sorry, I don't read that fake news rag. 
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