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RoundTable for Fall 2019
by Jeffery J. Haas
Today at 04:00 AM
The Impeachment of Donald trump
by pdx rick
Today at 03:54 AM
What do words mean?
by pondering_it_all
Today at 01:59 AM
Who owns the land?
by pondering_it_all
Today at 01:33 AM
The Trump/Biden/Ukraine thing
by pondering_it_all
Today at 01:16 AM
Organic Socialism
by pondering_it_all
Today at 12:54 AM
And we're off and running!
by Greger
Yesterday at 06:14 PM
Revenge of the Human Scum
by Greger
11/19/19 03:11 AM
Spam bot tsunami
by Jeffery J. Haas
11/18/19 04:12 PM
POLL: Will Trump resign or stay and be impeached?
by perotista
11/16/19 02:25 AM
Apparently Trump wants to buy the UK National Health Service
by pondering_it_all
11/15/19 01:33 AM
Trump required to admit guilt in using Trump Foundation as piggy-bank
by jgw
11/14/19 09:23 PM
Yet another Trump scam
by pdx rick
11/09/19 06:46 PM
Why don't the Dems fight back?
by jgw
11/08/19 09:54 PM
Never-Before-Seen Trump Tax Documents Show Major Inconsistencies
by pondering_it_all
11/06/19 05:03 AM
Ohio GOP charged with distributing phony sample ballots in election fraud
by pondering_it_all
11/06/19 05:00 AM
US budget deficit hits $984 billion, highest in 7 years
by jgw
11/05/19 08:22 PM
Republicans are publicly spreading the name of purported Ukraine whistle-blower
by pondering_it_all
11/05/19 04:48 AM
Often more accurate than polls
by pondering_it_all
11/05/19 04:29 AM
Public option vs Medicare for All
by pondering_it_all
11/05/19 04:27 AM
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#307524 - 07/18/18 11:37 AM Re: Round Table For July 2018 [Re: pondering_it_all]
pdx rick Offline
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CHB-OG

Registered: 05/09/05
Posts: 42057
Loc: Puget Sound, WA
Originally Posted By: pondering_it_all
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. Hmm
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#307525 - 07/18/18 02:28 PM Re: Round Table For July 2018 [Re: pdx rick]
NW Ponderer Offline
Moderator
Carpal Tunnel

Registered: 09/09/11
Posts: 17160
Originally Posted By: pdx rick
Originally Posted By: pondering_it_all
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. Hmm
and that is why he is so perfect for his voters.
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#307526 - 07/18/18 03:32 PM Re: Round Table For July 2018 [Re: NW Ponderer]
chunkstyle Offline
member

Registered: 10/02/07
Posts: 1865
Originally Posted By: NW Ponderer
Originally Posted By: pdx rick
Originally Posted By: pondering_it_all
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. Hmm
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]
logtroll Offline
veteran

Registered: 04/26/10
Posts: 9543
Loc: One of the Mexicos
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.
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#307598 - 07/22/18 03:59 AM Re: Round Table For July 2018 [Re: Greger]
Jeffery J. Haas Online   happy

It's the Despair Quotient!
Pooh-Bah

Registered: 08/03/04
Posts: 14443
Loc: Whittier, California
That's one regulation I daresay we could do without.
Is there a reason why?
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#307600 - 07/22/18 12:10 PM Re: Round Table For July 2018 [Re: Jeffery J. Haas]
logtroll Offline
veteran

Registered: 04/26/10
Posts: 9543
Loc: One of the Mexicos
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.
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#307601 - 07/22/18 03:56 PM Re: Round Table For July 2018 [Re: Greger]
NW Ponderer Offline
Moderator
Carpal Tunnel

Registered: 09/09/11
Posts: 17160
While I don't disagree with the offense taken, I think it was more about who could "afford to take the risk".

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#307604 - 07/22/18 06:11 PM Re: Round Table For July 2018 [Re: Greger]
pondering_it_all Offline
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Registered: 02/27/06
Posts: 8886
Loc: North San Diego County
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. Of course, brokers let pretty much anyone trade options. Some of them are actually more conservative than owning the underlying stock, but some are way more risky.

There are all kinds of schemes that can get you past angel-status. For example, buy a bankrupt company that has registered to sell stock.

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#307611 - 07/22/18 11:45 PM Re: Round Table For July 2018 [Re: NW Ponderer]
logtroll Offline
veteran

Registered: 04/26/10
Posts: 9543
Loc: One of the Mexicos
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.
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#307612 - 07/22/18 11:47 PM Re: Round Table For July 2018 [Re: pondering_it_all]
logtroll Offline
veteran

Registered: 04/26/10
Posts: 9543
Loc: One of the Mexicos
Originally Posted By: pondering_it_all
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.
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