I'm not being defensive! You're the one who's being defensive! Why is always the other person who's being defensive? Have you ever asked yourself that? Why don't you ask yourself that?
Ah man that brings me back. That was classic.
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"A senior White House official told media outlets that President Trump will sign an executive order on Friday stopping a new regulation known as the “fiduciary rule,” planned to go into effect on April 10, 2017"
"Why does this matter to you? The rule would require financial advisors, and more specifically brokers, to put your interests above their own when working with your retirement accounts. In other words, they would have to act as fiduciaries, much like lawyers and doctors."
Well. That's not exactly at all like putting healthy / unhealthy food on a menu. Can't see how that is bad for consumers. Maybe they should explain why it is bad for consumers instead of nonsensical of things that don't have to do with your financial wellbeing.
Well. That's not exactly at all like putting healthy / unhealthy food on a menu. Can't see how that is bad for consumers. Maybe they should explain why it is bad for consumers instead of nonsensical of things that don't have to do with your financial wellbeing.
That's the problem. The regulation is good for consumers, but bad for Wall Street. Can't have any protections from the vultures in the investment community! Especially something like fiduciary responsibility. Come on now, what type of corporate welfare system would that be?
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The recession that this administration is going to cause is going to come quicker than I thought it would. And when it comes it's going to hurt as much as the last one as they remove things that were put in place for a reason.
They are actively annoying the Fortune 500 companies with the highly nationalistic rhetoric and actions. These are companies have a footprint all around the world to the point the US is not the major market. They have the ability to transition elsewhere. The question is can the EU and other countries get it together to capitalize on it.
"A senior White House official told media outlets that President Trump will sign an executive order on Friday stopping a new regulation known as the “fiduciary rule,” planned to go into effect on April 10, 2017"
"Why does this matter to you? The rule would require financial advisors, and more specifically brokers, to put your interests above their own when working with your retirement accounts. In other words, they would have to act as fiduciaries, much like lawyers and doctors."
Watch John Oliver's report on it
Last edited by TheyCallMeBruce; 02-03-2017 at 11:23 AM.
Trump's new directive is that female staffers in his administration need to "dress like women".
so there's this #dresslikeawoman thing going on now, and I was looking at some random ones and one is a lady who says, yes I am doing an autopsy wearing pearls, and the pic shows here with huge hedge trimmers. some people ask her what shes' doing with them and she says cutting ribs. she's wearing hospital clothes for the rest,
Anyways, BBC News then asks her if they can use her pic.
Amazing how things move these days
That's the problem. The regulation is good for consumers, but bad for Wall Street. Can't have any protections from the vultures in the investment community! Especially something like fiduciary responsibility. Come on now, what type of corporate welfare system would that be?
Yeah, that's why I would like to see how they can come to the conclusion that this was a bad rule for consumers. There doesn't seem to be anything bad by ensuring that financial advisors are only working in their clients best interests and not, say, getting them to buy junk stocks or funds that they are getting fat commissions for.
The recession that this administration is going to cause is going to come quicker than I thought it would. And when it comes it's going to hurt as much as the last one as they remove things that were put in place for a reason.
They are actively annoying the Fortune 500 companies with the highly nationalistic rhetoric and actions. These are companies have a footprint all around the world to the point the US is not the major market. They have the ability to transition elsewhere. The question is can the EU and other countries get it together to capitalize on it.
There's a bunch of ceo's piling out of the white house right now gushing about how great the meeting was. They like that they have input obviously but Trump seems genuinely interested in listening to them. Everyone is waiting for Elon to fly away in a hover car.
Yeah, that's why I would like to see how they can come to the conclusion that this was a bad rule for consumers. There doesn't seem to be anything bad by ensuring that financial advisors are only working in their clients best interests and not, say, getting them to buy junk stocks or funds that they are getting fat commissions for.
The fact of the matter is that the GOP doesn't care if it's bad for consumers or not, hence the half-assed 'junk food' response that doesn't even make sense. It's good for the Wall Street bankers Trump rubs elbows with.
The US Treasury Department announced the measures against 13 people and a dozen companies on Friday.
President Donald Trump tweeted earlier: "Iran is playing with fire - they don't appreciate how 'kind' President Obama was to them. Not me!"
But Iran has said it will not yield to "useless" American threats from "an inexperienced person".
John Smith, the Treasury Department's acting sanctions chief, said in a statement: "Iran's continued support for terrorism and development of its ballistic missile programme poses a threat to the region, to our partners worldwide and to the United States."
