World Citizen Posted February 4, 2017 Report Share Posted February 4, 2017 Sorry(kind of) to have to start another thread about our President but this one will impact everybody. Unless your a big Wall Street guy, the thought of deregulating the very people that almost caused a global depression just 8 years ago is nothing short of giving a big "F&%K YOU to the American people. If your a Trump supporter, I want to hear what you think. Is deregulating Wall Street a good idea? Do you trust Wall Street to do the right thing and not take us to the brink again? To me this is further evidence that Trump does not have any of us in mind and that rolling back consumer protections are not to the benefit of the consumer. 5 Quote Link to comment Share on other sites More sharing options...
15yds4gibberish Posted February 4, 2017 Report Share Posted February 4, 2017 Don't worry citizen, if you've been drinking beer like me, it gets better. The EO is directional not definitive yet, so Goldman stock is only up ~4.5% on the news today. There's more headroom, 2008 is an alternative fact, and I'm sure this is exactly how the will of the Electoral College was speaking... The House voted to loosen oil field methane release regulations today too...Take two of these and call me in the morning... 1 Quote Link to comment Share on other sites More sharing options...
954gator Posted February 4, 2017 Report Share Posted February 4, 2017 32 minutes ago, 15yds4gibberish said: Don't worry citizen, if you've been drinking beer like me, it gets better. The EO is directional not definitive yet, so Goldman stock is only up ~4.5% on the news today. There's more headroom, 2008 is an alternative fact, and I'm sure this is exactly how the will of the Electoral College was speaking... The House voted to loosen oil field methane release regulations today too...Take two of these and call me in the morning... Yeah I saw that too. Also voted to loosen the regulations of coal mining debris. Don't know too much on the subject to be honest. http://www.brownsvilleherald.com/news/elections/article_1f43834b-02e6-5c9b-ae9a-a68da380a0db.html http://earthjustice.org/blog/2017-february/congress-prioritizes-coal-interests-over-clean-streams 5 Quote Link to comment Share on other sites More sharing options...
GloryDays Posted February 4, 2017 Report Share Posted February 4, 2017 Hopefully everyone remembers to poop downstream from their water intake when all the deregulation is said and done. Hoo Ray! Quote Link to comment Share on other sites More sharing options...
World Citizen Posted February 4, 2017 Author Report Share Posted February 4, 2017 1 hour ago, 15yds4gibberish said: Don't worry citizen, if you've been drinking beer like me, it gets better. The EO is directional not definitive yet, so Goldman stock is only up ~4.5% on the news today. There's more headroom, 2008 is an alternative fact, and I'm sure this is exactly how the will of the Electoral College was speaking... The House voted to loosen oil field methane release regulations today too...Take two of these and call me in the morning... Looks like I picked the wrong decade to quit drinking...well at least professionally. Therefore, I will grab the darkest stout I can find and a cognac, and raise my glass to you and all the board members. Even the mean ones. ? 1 Quote Link to comment Share on other sites More sharing options...
World Citizen Posted February 4, 2017 Author Report Share Posted February 4, 2017 38 minutes ago, GloryDays said: Hopefully everyone remembers to poop downstream from their water intake when all the deregulation is said and done. Hoo Ray! I think you meant to say Poo Ray! ? Quote Link to comment Share on other sites More sharing options...
maxchoboian Posted February 4, 2017 Report Share Posted February 4, 2017 Here's to ya! 2 Quote Link to comment Share on other sites More sharing options...
TheMaximumHornetSting Posted February 4, 2017 Report Share Posted February 4, 2017 Just reading those links makes me wanna chugg that Japanese Sake I bought.... Says dont drink in excess.... But where Im going I dont need warning labels... Quote Link to comment Share on other sites More sharing options...
Guest LOSer Posted February 4, 2017 Report Share Posted February 4, 2017 More dispatches from Opposite World. Trump is going to help the down-trodden common man. How? By rolling back Dodd-Frank and deregulating the banks of course! Quote Link to comment Share on other sites More sharing options...
TheMaximumHornetSting Posted February 4, 2017 Report Share Posted February 4, 2017 3 minutes ago, LOSer said: More dispatches from Opposite World. Trump is going to help the down-trodden common man. How? By rolling back Dodd-Frank and deregulating the banks of course! Common Man? You mean the stepping stones for the rich? The only thing the rich care about is getting richer. Trump doesnt give a damn about anyone but himself... Quote Link to comment Share on other sites More sharing options...
Guest LOSer Posted February 4, 2017 Report Share Posted February 4, 2017 Just now, TheMaximumHornetSting said: Trump doesnt give a damn about anyone but himself... Which is the most obvious takeaway from his 70 years of life. But some people will just believe whatever they're told even by the biggest liars in recorded history. Quote Link to comment Share on other sites More sharing options...
World Citizen Posted February 4, 2017 Author Report Share Posted February 4, 2017 4 hours ago, LOSer said: Which is the most obvious takeaway from his 70 years of life. But some people will just believe whatever they're told even by the biggest liars in recorded history. If there was a drinking game where you drink when he lies, we would literally die within 2 hours. I think we can forget trying to make the "truth" be any kind of common ground these days. Not sure that any common ground exists anymore concerning Trump supporters. Not patriots because of their allegiance to Trump/Putin. Not on moral grounds because they don't care about refugees who have gone through the worst of humanity. If you can find any common ground I would like to hear about it. It seems that the Bannon world view, setting up a Islamic vs Judeo-Christian battle for the future of western civilization, has a lot of Americans that agree. At least the smarter supporters. The others are just reacting out of fear and hate. Quote Link to comment Share on other sites More sharing options...
TheMaximumHornetSting Posted February 4, 2017 Report Share Posted February 4, 2017 7 minutes ago, World Citizen said: If there was a drinking game where you drink when he lies, we would literally die within 2 hours. I think we can forget trying to make the "truth" be any kind of common ground these days. Not sure that any common ground exists anymore concerning Trump supporters. Not patriots because of their allegiance to Trump/Putin. Not on moral grounds because they don't care about refugees who have gone through the worst of humanity. If you can find any common ground I would like to hear about it. It seems that the Bannon world view, setting up a Islamic vs Judeo-Christian battle for the future of western civilization, has a lot of Americans that agree. At least the smarter supporters. The others are just reacting out of fear and hate. 2 hours is being generous... Im more along the lines of once you put the bottle to your lips itll never leave... Then your Liver will just implode.... 1 Quote Link to comment Share on other sites More sharing options...
SOCIntellectualProperty Posted February 5, 2017 Report Share Posted February 5, 2017 I knew Trump Supporters would stay away from this ..... euther theyre too ignorant to realize the possible ramifications of this... or they're too blinded by orange loyalty to care either way... these people , with their willful ignorance , are ruining our country... Quote Link to comment Share on other sites More sharing options...
HawgGoneIt Posted February 5, 2017 Report Share Posted February 5, 2017 30 minutes ago, SOCIntellectualProperty said: I knew Trump Supporters would stay away from this ..... euther theyre too ignorant to realize the possible ramifications of this... or they're too blinded by orange loyalty to care either way... these people , with their willful ignorance , are ruining our country... Nah... The ones that are usually debating on these things are too busy buying stocks and hoping like hell they can get out before the next collapse. The poor folks aren't going to notice much difference either way. They've been poor, so they know how to get by, The rich folks are going to float up with the bubble, for the most part get out early and dump on the middle class retirement fund holders in the end. As usual, the middle class will take the biggest hit. Retirement funds crash after going up and fooling many into false sense of security that they will retire well. Same old song and dance. They will get their scotus justice though. Maybe it's a good trade for them. Idk. 1 Quote Link to comment Share on other sites More sharing options...
TheMaximumHornetSting Posted February 5, 2017 Report Share Posted February 5, 2017 10 minutes ago, HawgGoneIt said: Nah... The ones that are usually debating on these things are too busy buying stocks and hoping like hell they can get out before the next collapse. The poor folks aren't going to notice much difference either way. They've been poor, so they know how to get by, The rich folks are going to float up with the bubble, for the most part get out early and dump on the middle class retirement fund holders in the end. As usual, the middle class will take the biggest hit. Retirement funds crash after going up and fooling many into false sense of security that they will retire well. Same old song and dance. They will get their scotus justice though. Maybe it's a good trade for them. Idk. So 70% of us are about to get royally sodomized? Quote Link to comment Share on other sites More sharing options...
HawgGoneIt Posted February 5, 2017 Report Share Posted February 5, 2017 1 minute ago, TheMaximumHornetSting said: So 70% of us are about to get royally sodomized? I'd say so. Unless folks have short term memory loss, which is a distinct possibility, I think we all remember where deregulation took us. Quote Link to comment Share on other sites More sharing options...
TheMaximumHornetSting Posted February 5, 2017 Report Share Posted February 5, 2017 Just now, HawgGoneIt said: I'd say so. Unless folks have short term memory loss, which is a distinct possibility, I think we all remember where deregulation took us. Does my Critical Mass theory sound to farfetched now? Trump better not fuck with the Dodd Frank rule.... Quote Link to comment Share on other sites More sharing options...
World Citizen Posted February 5, 2017 Author Report Share Posted February 5, 2017 1 hour ago, TheMaximumHornetSting said: Does my Critical Mass theory sound to farfetched now? Trump better not fuck with the Dodd Frank rule.... Consider it history. Republicans have been against it from the start. The order of Repub hate goes like this I think: Obama Regulations Regulations Puppies Quote Link to comment Share on other sites More sharing options...
World Citizen Posted February 5, 2017 Author Report Share Posted February 5, 2017 8 hours ago, LOSer said: More dispatches from Opposite World. Trump is going to help the down-trodden common man. How? By rolling back Dodd-Frank and deregulating the banks of course! Lol. Opposite World. That's a keeper. Quote Link to comment Share on other sites More sharing options...
BigDrop Posted February 5, 2017 Report Share Posted February 5, 2017 Loosening the regulations are truly significant. Everyone reading this should think back to 2007 and 2008: real estate essentially collapsed as did the stock market. There was a real threat we would experience something on the level of the Great Depression. Then, there were banks giving 100%+ loans for houses with minimal qualifications. I remember my wife and I looked at a new house in Henderson, NV that was selling for almost $700,000. A couple of years later it was a third of this. IN 2006 there had been an incredible bubble, then the implosion. As I type this our house in suburban Washington, D. C. is still not worth as much as what we could have sold it for in 2006. For that matter it is not assessed as much, either. Does anyone remember Las Vegas? South Florida? It was a truly frightening time. Now Trump wants to do away with many of the regulations and restrictions imposed. There is probably some value in "loosening" a few of them but the kind of changes he wants could threaten the financial security for all of us. 1 Quote Link to comment Share on other sites More sharing options...
HawgGoneIt Posted February 5, 2017 Report Share Posted February 5, 2017 6 minutes ago, BigDrop said: Loosening the regulations are truly significant. Everyone reading this should think back to 2007 and 2008: real estate essentially collapsed as did the stock market. There was a real threat we would experience something on the level of the Great Depression. Then, there were banks giving 100%+ loans for houses with minimal qualifications. I remember my wife and I looked at a new house in Henderson, NV that was selling for almost $700,000. A couple of years later it was a third of this. IN 2006 there had been an incredible bubble, then the implosion. As I type this our house in suburban Washington, D. C. is still not worth as much as what we could have sold it for in 2006. For that matter it is not assessed as much, either. Does anyone remember Las Vegas? South Florida? It was a truly frightening time. Now Trump wants to do away with many of the regulations and restrictions imposed. There is probably some value in "loosening" a few of them but the kind of changes he wants could threaten the financial security for all of us. The thing is, the housing market always moves, even after a collapse like we saw before. It just shifts is all. The builders investing in housing, if they didn't get caught with too many spec homes, just shift their investments into foreclosures. Just like the stock investors that are smart move their money ahead of time. Again, the people suffering are the middle class that are losing the houses that the builders are now flipping, just as the retirement fund investors see their gains erased as the pro traders dump their stocks. The end result is home construction dies, and the ripple effect pretty much destroys the rest of the economy. I don't care what anyone says, or any charts said about the economy at the end of the Obama administration, the slow and sustainable growth was what we needed and where we should have stayed. I understand some areas were not doing well, and investors want big returns quickly, but the cost of deregulating is too significant for the middle class. 1 Quote Link to comment Share on other sites More sharing options...
AztecPadre Posted February 5, 2017 Report Share Posted February 5, 2017 Can't wait to hear how the trumpeters spin this one. Lol. They let the wolf in the hen house. I'm my best Albanian accent Good Luck. Quote Link to comment Share on other sites More sharing options...
HawgGoneIt Posted February 5, 2017 Report Share Posted February 5, 2017 20 hours ago, LOSer said: Which is the most obvious takeaway from his 70 years of life. But some people will just believe whatever they're told even by the biggest liars in recorded history. "Believing is easier than thinking. Hence so many more believers than thinkers." --Bruce Calvert Quote Link to comment Share on other sites More sharing options...
noonereal Posted February 5, 2017 Report Share Posted February 5, 2017 On 2/3/2017 at 9:46 PM, World Citizen said: Deregulating Wall Street I have only read the OP so far. I will say, if ANYONE thinks deregulating thieves is a good idea, you are a complete fool. Lost, needy and stupid. Hope this helps! Quote Link to comment Share on other sites More sharing options...
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