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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: Little Joe who wrote (37397)	10/9/2008 11:24:26 PM
From: LLCF	Read Replies (1) \| Respond to of 149317

<On the Regulation issue between the code and the regulations relating to the financial world to use a very broad term, there are thousands of pages of regulations at the Federal Level (I have been trying to track down just how many, but a lot harder than I thought), plus more for each State.So the notion that there was insufficient regulation is really absurd. There were plenty of regulations. > That's a bit ignorant to be blunt. Untill you understand them you have no clue. For all you know that stuff is all 'boiler plate' for regulations of things that are totally irrelevant today. Just because there are "A LOT" of outmoded regulations doesn't mean there is too much regulation! Common. Use your head dude. DAK

To: Little Joe who wrote (37397)	10/10/2008 10:15:46 AM
From: TigerPaw	Read Replies (1) \| Respond to of 149317

There are only two real regulations that the government issues. One is a regulation that information about public companies be reported, and most of all that they have to report the real information, not made up stuff. The companies compile this information anyway for their internal use, so it's just a matter of releasing it. The other class of regulation is capital requirements. Given the chance all companies would like to put all their money out into the market making returns and save none for a rainy day. This month has shown the inevitable result of ignoring that requirement. TP