of course it hasn't, just some unimplemented difficult provisions have been suspendedOriginally Posted by Farangrakthai
and most firms like GS will not rollback the new policies it was so expensive to implement
everybody wins,
of course it hasn't, just some unimplemented difficult provisions have been suspendedOriginally Posted by Farangrakthai
and most firms like GS will not rollback the new policies it was so expensive to implement
everybody wins,
Last edited by Dragonfly; 19-02-2017 at 10:07 PM.
You see folks, I told you all this SCROTUS travel ban shit was just a smokescreen to cover up the big stuff.
Rolling back this part of Dodd-Frank was probably suggested to President Bannon by Tillerson, to help out his Exxon buddies (and probably top up his retirement account).ON FEBRUARY 13th, Donald Trump signed his first major piece of legislation—“a big signing” as he put it. The law repealed a Securities and Exchange Commission (SEC) regulation that oil and mining companies should disclose their payments to foreign governments.
<snip>
The original law that mandated the regulation—the Dodd-Frank Act—had ignited global transparency reforms including in Europe and Canada. By 2014, 38 of the world͛’s 100 largest oil and gas companies were subject to public disclosure mandates. Had America's regulation stood, it would have been 84 of the top 100. The major beneficiaries of the rollback—Mr Spicer’s "small businesses"—include Chevron and Exxon Mobil. The reversal puts them behind Russian firms Rosneft and Gazprom, which must file disclosures.
There are 24,000-odd pages in Dodd-Frank, so I would imagine they'll start with the big wins first.
Link
asking firms to disclose bribes is really silly, because that's how business is done, sadly
probably one of the few things in the act that needed to be stopped,
You're right, who'd want that level of honesty in business.Originally Posted by Dragonfly
business is dirty, ethics in business is a complete illusion
put 100% ethics into business and see how it crash,
it's like good cooking by keeping a sterile and clean kitchen, can't happen
Still bangin' on about this little gem I see. Must think you are really onto something apparently.Originally Posted by harrybarracuda
Good. Deregulate away. You think this shit is done for the sole purpose of filling politicians and CEO's bank accounts in a totally self serving way, but in reality you don't read much about it because that's twenty four thousand fuckin pages of rules and constraints put on business that shouldn't be there in the first instance.
Myself, I read you hammerin' on about it like some kind of crisis - and I'm watching my investments rise in value and my employers work scope increase and their stock rise.
This is fuckin great from where I'm sitting.
Haters gonna hate.
Last edited by Slick; 20-02-2017 at 03:10 AM.
Think about you making that post circa late 2007. It's always all good until it isn't.
You do realize it's about Wall Street don't you? It has nothing to do with constraints on business at large. It has to do with regulations that make it less likely that phony credit default swaps and other phony schemes are less likely to bring the economy crashing down again. Or did that not happen?Originally Posted by Slick
This post has not been authorized by the TeakDoor censorship committee.
I realize what it's about and don't give a fuck Humbert. And it's about a whole hell of a lot more than your extremely paraphrased synopsis.Originally Posted by Humbert
Deregulate away no problem for me.
Um, yeah I was employed in the same game for several years before 07' and continued on through your economy crash. That only negatively effected me in that US based employers had a hard time keeping up overseas and I had to change to foreign employers paid in foreign currency.Originally Posted by redhaze
I thrived when you guys suffered as I can easily jump ship & work for foreign employers and get paid in foreign currency and live anywhere so I'm not scared in the least and deregulation is good & profitable for the oil & gas industry - and that's good for me.
Haters gonna hate but in all honesty it's good for everyone and the economy to deregulate and get things moving again. Bring the money, bring the multinationals, lower corporate tax and intice companies to operate in the USA. Free it all up including "Wall Street".
Originally Posted by SlickSo it's all about you. Typical rethug mentality.Originally Posted by Slick
All regulation bad. Fox News told me so.
Fuker just can't stop lying can he? Now he's claimed that a big terrorist event occured recently in Sweden. No wonder his supporters love him.
Well yeah Humbert, I thought that was clear. This shit isn't a charity & im gonna take care of #1 because you can bet your last US Dollar nobody else will.Originally Posted by Humbert
poor women and children in africa as the men try to migrate to the westOriginally Posted by harrybarracuda
The Bowling Green Massacre, Atlanta, and now the Sweden Incident!
Ya know, for a guy that constantly complains about fake news, he sure makes up a lot of fake news.
Um, so, if my life and work becomes more profitable and advancement opportunities come more often then this is somehow stupid?Originally Posted by Humbert
He sure does have you & Humbert wound up tight as fuck. Daily.Originally Posted by bsnub
I'd say that's a massive success.
Just as likely that you will be bilked by credit card companies, phony investment schemes, victimized by false advertising or made sick by food, water or medicine without regulatory oversight. But go on believe the fantasy that all regulation serves no purpose other than to tie the hands of businessmen.Originally Posted by Slick
Last edited by Humbert; 20-02-2017 at 07:55 AM.
You think it's a good thing to have a president who constantly makes up lies then? Just a wind up? What a low bar you set for presidential behavior.Originally Posted by Slick
I don't think regulation serves no purpose other than to tie the hands of business. That might not be the intention but it sure as fuck happens that way more often than not.Originally Posted by Humbert
And none of the shit you listed will ever happen to me because I'm not a retard & don't need nanny government stepping to show me what's best for me.
A lot of the issues come down to consumers doing stupid shit that the KNOW they shouldn't be doing. Taking credit they can't pay back, home loans they can't pay back, buying shit they can't afford etc... so there is fucking plenty of fault to go around.
only this president - proabably because he is a dumb fat white fcukOriginally Posted by Humbert
imagine if he had been a smart, black and fit/healthy president ?
The bar was set when the DNC pushed HRC.Originally Posted by Humbert
Apparently this is what he actually said: His remarks were an off the cuff reference to some news item on the FOX channel....used to make a point.
"When you look at what's happening in Germany, when you look at what's happening last night in Sweden - Sweden!" he said during the rally. "Who would believe this? Sweden! They took in large numbers, they're having problems like they never thought possible."
There is no mention of a "big terrorist event".....but there are many 'events" taking place in Sweden on a regular basis. ..almost daily in some places. And that's not from FOX news. It's from a neighbor of mine who actually lives in Malmo after moving there from Thailand with his wife, in order to manage a family run business. The hate the place now, it's changed so much but they are stuck there for a few years.
The fiercely socialist political mouth-pieces don't want to admit any of it but Sweden is having all kinds of problems with it's "migrants" A lot of Swedes are pissed off about the situation. but they are faced with the customary denial mentality of their ultra PC government. As usual the migrant welcoming political folks don't ever have to actually live in the settlement areas.
Sound familiar??
Once you have given up your country it can be quite difficult getting it back.
^^He was clearly talking about terrorism you idiot. That part of the speech was all about getting tough on terror. He's a fuking liar and you and your ilk are apologists.
"You look at what's happening last night in Sweden," Trump said. "Sweden. Who would believe this? Sweden. They took in large numbers. They're having problems like they never thought possible."
What happened last night?
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