Ponderable

Wez said:
Yes, BIZ, we agree bailouts are bad. Drop that notion for a moment and describe exactly what a bailout has to do with adequately funding a regulator, because so far, you just keep mixing tow different topics, bailouts vs. adequately funding the agency meant to prevent the need for a bailout.
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Okay. I'll play. Define "adequate" funding.
 
Bruddah IZ said:
Okay. I'll play. Define "adequate" funding.
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For example, currently, the SEC division assigned to exam Investment Advisors, annually is able to visit and exam about 10% of all investment advisors. That is total reach, which includes sweeps where they just look at one topic and only scratch the surface. The amount of detailed exams, where they delve deeply into the firm's books and records, is a fraction of that 10% number.

Considering how many new advisors start up each year, including the bad apples that close up shop and open again under a new name, in a new location, less then 10% detailed reviews, is a very low protection level.

Cutting funding just makes this even more bleak. Investment Advisors include the major Wall Street giant firms on down to the mom & pop shops.

If you want more bailouts, just keep cutting funding.
 
Wez said:
For example, currently, the SEC division assigned to exam Investment Advisors, annually is able to visit and exam about 10% of all investment advisors. That is total reach, which includes sweeps where they just look at one topic and only scratch the surface. The amount of detailed exams, where they delve deeply into the firm's books and records, is a fraction of that 10% number.

Considering how many new advisors start up each year, including the bad apples that close up shop and open again under a new name, in a new location, less then 10% detailed reviews, is a very low protection level.

Cutting funding just makes this even more bleak. Investment Advisors include the major Wall Street giant firms on down to the mom & pop shops.

If you want more bailouts, just keep cutting funding.
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So now you want to tie the two issues together?!! LOL!! If /then statement?!! Too funny.
 
Bruddah IZ said:
So now you want to tie the two issues together?!! LOL!! If /then statement?!! Too funny.
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WTF, are you insane BIZ (no need to answer)...

You said no need to fund a regulator because a bailout negates the need for a regulator.

I corrected you by telling you an adequately funded regulator can reduce the need for a future bailout.

Now you think you've "caught" me in some way???

Once again, every time I try to engage you in meaningful discussion, I come up empty. You exist here solely to play childish games of gotcha... except, your vision of a "gotcha" is a complete fairy tale.

No doubt, we'll get endless reminders of a fairy tale "page 4" reminder from you, for the rest of time.
 
Wez said:
WTF, are you insane BIZ (no need to answer)...

You said no need to fund a regulator because a bailout negates the need for a regulator.

I corrected you by telling you an adequately funded regulator can reduce the need for a future bailout.

Now you think you've "caught" me in some way???

Once again, every time I try to engage you in meaningful discussion, I come up empty. You exist here solely to play childish games of gotcha... except, your vision of a "gotcha" is a complete fairy tale.

No doubt, we'll get endless reminders of a fairy tale "page 4" reminder from you, for the rest of time.
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Where did I say no need to fund a regulator?

Which industry is bailed out the most?

An adequately funded, whatever that means, regulator would need what specific dollar budget to prevent bailouts?
 
B05 Irvine Strikers for Surf Cup, youngers. We actually play with Strikers Southbay normally because I live in El Segundo. My son guests with Irvine Strikers and will join their DA team next year....if I can figure out how to get him to practices.
 
Kicker4Life said:
If criminal actions are your sticking point, how can you vote Hillary?
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Because I'm not a right wing stooge who believes all the conspiracy. I detest Hillary/Clintons for many reasons, but they are all verifiable. She's terrible, but Trump to me, is way worse. A vote for her would simply be a vote to block Trump.
 
Wez said:
Because I'm not a right wing stooge who believes all the conspiracy. I detest Hillary/Clintons for many reasons, but they are all verifiable. She's terrible, but Trump to me, is way worse. A vote for her would simply be a vote to block Trump.
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Are you calling me a "Right wing stooge"? If so, why the name calling and what is it based on? Because I implied Hillary committed acts that for most people would be considered crimes that others have gone to jail or lost their jobs for committing? I'm simply saying that, GJ is a better option.
 
Kicker4Life said:
Are you calling me a "Right wing stooge"? If so, why the name calling and what is it based on? Because I implied Hillary committed acts that for most people would be considered crimes that others have gone to jail or lost their jobs for committing? I'm simply saying that, GJ is a better option.
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I would consider you a stooge if you believed all the Clinton conspiracies, so I didn't call you a name unless you fit that very narrow description. I'm warming up to GJ, but as I've already said, if he isn't going to get anywhere near being elected, I consider my vote to block Trump, more valuable for the health of our nation.
 
Wez said:
I would consider you a stooge if you believed all the Clinton conspiracies, so I didn't call you a name unless you fit that very narrow description. I'm warming up to GJ, but as I've already said, if he isn't going to get anywhere near being elected, I consider my vote to block Trump, more valuable for the health of our nation.
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Unfortunate that most will either be voting based on "Anyone but Hilary / Trump" and voting to block one or the other. GJ actually fits the bill for a lot of us but electability due to the reign of the two party system rears it's ugly head yet again.

Continue the discussion BIZ & Wez, enjoy reading the discussion.
 
Wez said:
B05 Irvine Strikers for Surf Cup, youngers. We actually play with Strikers Southbay normally because I live in El Segundo. My son guests with Irvine Strikers and will join their DA team next year....if I can figure out how to get him to practices.
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Be in OC instead of Polo.
 
Technician72 said:
GJ actually fits the bill for a lot of us but electability due to the reign of the two party system rears it's ugly head yet again.
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I blame the media. If they never cover anyone but the two parties, nobody will ever know about them or to vote for them. This election, more then any other, they should be giving people like GJ tons more coverage, since it's widely known that people are not fond of either primary party candidate.
 
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