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Deregulation sure sounds like fun!! Hooray for free market.

  • Thread starterblkoralslaveboy
  • Start date
The fact that some dufas spent 1 million redecorating has NOTHING to do with deregulation or the free market for that matter. Relax and live your life.
 
What? Are you guys reading?? This is a HUUUUUGE friggin embarrassment for the dereg mob. They pulled out 3-4 BILLION bucks just a month before the company was to be sold to bank of america to redistribute amongst themselves renaming this theft as company bonus AND while the company was in the process of going under this prick pimps out his office for a MILLION-TWO? Sheez regulation means oversight and if you guys think stuff like this should go ignored...then lets do business!!!! lol... but really, you must feel SOME sympathy for those old moms and pops whose retirement money these bonus barons are using for toilet paper.... just some!!
 
Overused saying

blkoralslaveboy said:
What? Are you guys reading?? This is a HUUUUUGE friggin embarrassment for the dereg mob. They pulled out 3-4 BILLION bucks just a month before the company was to be sold to bank of america to redistribute amongst themselves renaming this theft as company bonus AND while the company was in the process of going under this prick pimps out his office for a MILLION-TWO? Sheez regulation means oversight and if you guys think stuff like this should go ignored...then lets do business!!!! lol... but really, you must feel SOME sympathy for those old moms and pops whose retirement money these bonus barons are using for toilet paper.... just some!!

There's and old saying that you should apply to your life: lt's better to keep your mouth shut and let people think you're a fool than to open it and remove all doubt.
 
IndyHubby said:
There's and old saying that you should apply to your life: lt's better to keep your mouth shut and let people think you're a fool than to open it and remove all doubt.

Oh, good come back:whatever:.. do you really want to toss insults back and forth with me? You're in waay over your head hoosier boy. But Will said no flaming so you're in luck for now.
 
blkoralslaveboy said:
What? Are you guys reading?? This is a HUUUUUGE friggin embarrassment for the dereg mob. They pulled out 3-4 BILLION bucks just a month before the company was to be sold to bank of america to redistribute amongst themselves renaming this theft as company bonus AND while the company was in the process of going under this prick pimps out his office for a MILLION-TWO? Sheez regulation means oversight and if you guys think stuff like this should go ignored...then lets do business!!!! lol... but really, you must feel SOME sympathy for those old moms and pops whose retirement money these bonus barons are using for toilet paper.... just some!!

Having degrees in business management, accounting and education- I could school you on what "regulation" does and does not do but honestly I do not come to DC for this. No sane person supports the waste in either the public or private sectors BUT this has little to nothing to do with regulation or deregulation. Does it make it right? Nope but deregulation has nothing to do with why they could "pimp out his office"- it just doesn't.
 
vtjames742 said:
Having degrees in business management, accounting and education- I could school you on what "regulation" does and does not do but honestly I do not come to DC for this. No sane person supports the waste in either the public or private sectors BUT this has little to nothing to do with regulation or deregulation. Does it make it right? Nope but deregulation has nothing to do with why they could "pimp out his office"- it just doesn't.

If I ask you what is 4 + 4 you don't respond I have a PhD in Math and Physics.

Obviously, the part of nearly $4 Billion being distributed as bonus money by ML execs, while the value of the share holders' money was plummeting is something you're all choosing to ignore. If you read the entire article the pimped out office was really of minor importance compared to everything else going on.
But with regard to the 1.2M office decoration and how it relates to regulation. You call it business "waste" while I call it lack of oversight. You can have a dozen degrees (and by the way I do have three of my own, i even stumbled upon a PhD from PSU but really that's beside the point) and be the most learned man in the field of business and commerce but in the end you cannot tell me that a significant amount of oversight would have not prevented what happened at that company. Regulation of business like the regulation of any other mechanism of interaction, reaction, or intercommunication can be modified to encompass a more comprehensive level of oversight. Does this mean you set up cameras in bathrooms to see how long everyone is taking.... probably not. But it does mean that if you're going to suck the company dry of liquid assets you are going to have a really hard accomplishing that without big brother finding out. Yes, a complete overhaul of the infrastructure implementing less limited oversight; it doesn't guarantee success but it does guarantee less of the bull shit thats been partly responsible for the decline in confidence in these institutions.
 
Yeah, let's regulate their decorating expenditures. We could even set up a new government department for it. I want to be in charge of the Good Taste Division.
 
RoSquirts said:
Yeah, let's regulate their decorating expenditures. We could even set up a new government department for it. I want to be in charge of the Good Taste Division.

Hey it sucks and believe me I know. But how would you feel if you gave me a ton of your hard earned money expecting for me to do my best to return you a decent profit. Then you come to find out not only is your money gone but I'm suddenly driving a brand new Range Rover Sport, bought outright, which I use for business. Tell me then you wouldn't want some type of justice! And as long as there are loopholes for these crooks to pass through they're going to take as much money as they can.... hell don't take my word look at the news!
 
blkoralslaveboy said:
If I ask you what is 4 + 4 you don't respond I have a PhD in Math and Physics.

Obviously, the part of nearly $4 Billion being distributed as bonus money by ML execs, while the value of the share holders' money was plummeting is something you're all choosing to ignore. If you read the entire article the pimped out office was really of minor importance compared to everything else going on.
But with regard to the 1.2M office decoration and how it relates to regulation. You call it business "waste" while I call it lack of oversight. You can have a dozen degrees (and by the way I do have three of my own, i even stumbled upon a PhD from PSU but really that's beside the point) and be the most learned man in the field of business and commerce but in the end you cannot tell me that a significant amount of oversight would have not prevented what happened at that company. Regulation of business like the regulation of any other mechanism of interaction, reaction, or intercommunication can be modified to encompass a more comprehensive level of oversight. Does this mean you set up cameras in bathrooms to see how long everyone is taking.... probably not. But it does mean that if you're going to suck the company dry of liquid assets you are going to have a really hard accomplishing that without big brother finding out. Yes, a complete overhaul of the infrastructure implementing less limited oversight; it doesn't guarantee success but it does guarantee less of the bull shit thats been partly responsible for the decline in confidence in these institutions.

Government oversight does NOT deal with office renovations or how a company spends its money in such ways
 
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that's what i like about edumakated people is how they will wast time and money on trying to tell others how smart they are and never fix the problem HAHAHAHA
 
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Waste of time

blkoralslaveboy said:
Oh, good come back:whatever:.. do you really want to toss insults back and forth with me? You're in waay over your head hoosier boy. But Will said no flaming so you're in luck for now.

It's not worth my time. Some of us actually work and have multiple facets in our lives. Sometimes however, the comments are so ludicrous that I make a short comment. But I come here for fun, not to be drawn into debating with people who obviously are either uninformed or skew facts to suit their purposes.

I've even taken up placing those who I find particularly annoying or juvenile, in my ignore list.
 
IndyHubby said:
It's not worth my time. Some of us actually work and have multiple facets in our lives. Sometimes however, the comments are so ludicrous that I make a short comment. But I come here for fun, not to be drawn into debating with people who obviously are either uninformed or skew facts to suit their purposes.

I've even taken up placing those who I find particularly annoying or juvenile, in my ignore list.

sure thing Bob Newheart, I wish ya the best. peace out!
 
fun50scpl said:
that's what i like about edumakated people is how they will wast time and money on trying to tell others how smart they are and never fix the problem HAHAHAHA

You can't fix a problem if you haven't properly identified the cause of the problem.

If I poke a hole in a cup, the water starts coming out. Would constantly putting more water in the cup fix the problem? No it wouldn't. You have to identify the true causes before running off rambling or scrambling like a chicken with its head cut off.

All we are saying on this post is that blaming deregulation for something that regulation never addressed is NOT going to solve a damn thing. We are NOT saying we agree with the wasteful spending habits of either the private or public sectors.
 
This has nothing to do with deregulation or the free market.

There were more regulations under Dubya than any other president.
 
vtjames742 said:
You can't fix a problem if you haven't properly identified the cause of the problem.

If I poke a hole in a cup, the water starts coming out. Would constantly putting more water in the cup fix the problem? No it wouldn't. You have to identify the true causes before running off rambling or scrambling like a chicken with its head cut off.

All we are saying on this post is that blaming deregulation for something that regulation never addressed is NOT going to solve a damn thing. We are NOT saying we agree with the wasteful spending habits of either the private or public sectors.

In your cup analysis if the cup is consumer confidence and the water is gross cash flow, then the whole of the cup and water is our economy. Testing this, if the cup is nearly empty then we would be a nation of high consumer confidence but low cash flow or in other words everyone would probably be in debt and living paycheck to paycheck. The reverse, if the cup is overflowing then that means we're a nation of modest consumer confidence but a great deal of cash flow which would mean on average we're each very wealthy but also very frugal. :clap: But even that is unstable because that would also imply that the rest of the world is literally constantly giving us money.... so it's EXTREMELY improbable. Therefore the best scenario is a full cup which means consumer confidence is level with cash flow.

If there's a break at the bottom of the cup then water will pour out. In order to put a stop on the bottom you need something that equals the amount of consumer confidence that broke off to begin with. I firmly believe this is a combination of creating jobs and regulating business.

Then you have to fill the water back up to capacity and that is cash flow. You inject water (cash flow) into the cup and that is the economic stimulus... whether 825 bil is the way to go, honestly, no one is certain. But they are trying. Is it fair... nope...but necessary.

oh oh here it comes...I know you're gonna hammer me on this one. but please don't just say "you're stupid you don't know anything"... rather give a better example to prove your point... after all, this is a porn site!
 
Government Interference

Economic issues are not because of deregulation. That's a message the liberals are using to advance their socialistic agenda.

The sub-prime debacle began as legislation to engineer home ownership. The investment bankers found a way to magnify the profits by holding the loans instead of selling them.

The collapse began when the investment bankers began
marking the loan portolios to market per new legislation.

The economic problem is a credit problem primarily due to overspending and overborrowing.
 
The economic recovery after 9/11 waas so weak that they kept rates low and encouraged a housing bubble so the administration could profess a great economy through exactly what you showed - consumer spending of home equity propping the economy up. A false economy was created based on increased debt and government deficit spending. Even so, if it was the weakest recovery after a recession in modern times and the bubble had to burst eventually.

Combine that with low payrolls due to illegal immigration, union busting and 'fair trade' and you have the recipe for disaster that's resulted in today's economic meal.

But worry not, Exxon made 41 Billion last year in profit so all is good.
 
Banks sucked Americans into using credit cards, so a small loss of confidence in the share market causes people to tighten their belts.........and the stack of cards falls over.

America has been engineering inflation to make it easier to repay the multi-trillion dollar loans to China - but it backfired. 5 million Americans have lost their jobs. Everyone in the White House should take a 60% pay cut, and those below them a 40% pay cut.

If the average family survives on $40,000, what do the super rich spend their money on? I am not against rich people being rich in good times, but surely they should have invested enough in the good times, and now be able to tighten their belt like everyone else.

Rich people stuffed up the economy, not the guy on the factory floor who does his job year after year for the few crumbs fed down to him by over-paid bosses who decide their own salaries and perks.

I heard of a young female tour guide who was asked by a Japanese business man if she would bend over and touch her toes for 20 minutes in return for $8,000 slipped into her handbag. He was using money that belonged to his company's business under the mask of "expenses". The girl said, "no" and told her Dad what had happened when she got home from work because she was so shocked that a man could be that blatant to "use her for sex" as though she was a chattel.
 
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UNDER-REPORTING OF INCOME BY USA RESIDENTS

01%....Less than $100,000
13%....$100,001 - $200,000
20%....$200,001-$500,000
21%....$500,001-$1 million
16%....$1million - $2 million

IRS has been finding billions of dollars in tax havens in recent years. It is an eye opener at how many of the rich are continuing to commit tax evasion year after year.


Ordinary people on wage and salary earning under $100,000 per annum are the most honest on 1% under-reporting of income. They don't have any choice because the tax is taken out of their pay.
 

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