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#307524 - 07/18/18 11:37 AM
Re: Round Table For July 2018
[Re: pondering_it_all]
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Member
CHB-OG
Registered: 05/09/05
Posts: 43466
Loc: Puget Sound, WA
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Trump keeps claiming "No Colusion" but I don't think he knows what that word means. When you tell somebody to commit a crime, and they do the next day, that's collusion. When your people tell criminals to release stolen information on a certain day for maximum effect, and they do, that's collusion. When you send people to a meeting with criminals to obtain stolen data, that's collusion. Donald J Trump is simply not a very bright man. He's just not. 
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Contrarian, extraordinaire
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#307525 - 07/18/18 02:28 PM
Re: Round Table For July 2018
[Re: pdx rick]
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Moderator
Carpal Tunnel
Registered: 09/09/11
Posts: 17446
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Trump keeps claiming "No Colusion" but I don't think he knows what that word means. When you tell somebody to commit a crime, and they do the next day, that's collusion. When your people tell criminals to release stolen information on a certain day for maximum effect, and they do, that's collusion. When you send people to a meeting with criminals to obtain stolen data, that's collusion. Donald J Trump is simply not a very bright man. He's just not. and that is why he is so perfect for his voters.
_________________________
A well reasoned argument is like a diamond: impervious to corruption and crystal clear - and infinitely rarer.
Here, as elsewhere, people are outraged at what feels like a rigged game -- an economy that won't respond, a democracy that won't listen, and a financial sector that holds all the cards. - Robert Reich
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#307526 - 07/18/18 03:32 PM
Re: Round Table For July 2018
[Re: NW Ponderer]
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enthusiast
Registered: 10/02/07
Posts: 2409
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Trump keeps claiming "No Colusion" but I don't think he knows what that word means. When you tell somebody to commit a crime, and they do the next day, that's collusion. When your people tell criminals to release stolen information on a certain day for maximum effect, and they do, that's collusion. When you send people to a meeting with criminals to obtain stolen data, that's collusion. Donald J Trump is simply not a very bright man. He's just not. and that is why he is so perfect for his voters. Many of which were the democratic base a few cycles ago.....
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#307597 - 07/22/18 01:17 AM
Re: Round Table For July 2018
[Re: Greger]
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veteran
Registered: 04/26/10
Posts: 10381
Loc: One of the Mexicos
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Did you know that the SEC does not allow people with less than a million dollars in assets to invest in “unregistered” securities? Meaning small businesses who have not jumped through the Gordian knot of SEC regulations?
I am currently soliciting investors in my biochar business, and I can only offer the opportunity to millionaires.
_________________________
“You never change things by fighting the existing reality.
To change something, build a new model that makes the old model obsolete.”
– R. Buckminster Fuller
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#307598 - 07/22/18 03:59 AM
Re: Round Table For July 2018
[Re: Greger]
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It's the Despair Quotient!
Carpal Tunnel
Registered: 08/03/04
Posts: 15728
Loc: Whittier, California
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That's one regulation I daresay we could do without.
Is there a reason why?
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"The Best of the Leon Russell Festivals" DVD
deepfreezefilms.com
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#307600 - 07/22/18 12:10 PM
Re: Round Table For July 2018
[Re: Jeffery J. Haas]
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veteran
Registered: 04/26/10
Posts: 10381
Loc: One of the Mexicos
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I don’t know if it was original to the Securities Exchange Act in 1934, but its intention is to protect “little people” from making investment mistakes because of their supposed lack of knowledge and experience. The fact that it based soley on how much money a person has, as the indicator of financial intelligence and responsibility, I find to be a bit offensive and wrongheaded, though.
_________________________
“You never change things by fighting the existing reality.
To change something, build a new model that makes the old model obsolete.”
– R. Buckminster Fuller
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#307611 - 07/22/18 11:45 PM
Re: Round Table For July 2018
[Re: NW Ponderer]
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veteran
Registered: 04/26/10
Posts: 10381
Loc: One of the Mexicos
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The regulation is rather explicit about having the savvy to make the investment.
I think there is a need to provide some regulation on investment solicitation, but to exclude all but millionaires from making even $10 investments in unregulated securities, while allowing low wage workers to buy cars on credit, and to take out "payday" loans with mind-blowing interest rates, implies a complete lack of sense and integrity of intent.
_________________________
“You never change things by fighting the existing reality.
To change something, build a new model that makes the old model obsolete.”
– R. Buckminster Fuller
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#307612 - 07/22/18 11:47 PM
Re: Round Table For July 2018
[Re: pondering_it_all]
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veteran
Registered: 04/26/10
Posts: 10381
Loc: One of the Mexicos
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The idea is that a high-risk venture should not be an investment for a person who can't afford to lose it when the little company tanks. Why the assumption that it would be high risk? The regs do not regulate risk.
_________________________
“You never change things by fighting the existing reality.
To change something, build a new model that makes the old model obsolete.”
– R. Buckminster Fuller
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