We're making America great again.

ttystikk

Well-Known Member
Some of those regs are stifling business
Right. It's good for the financial advisor to no longer be bound to work in the best interest of his client, but what about the client's reasonable expectation of not getting fucked over by the 'professional'?

That's a slippery slope Wall Street will happily slide down all the way to the bank, while consumers of such services are left with no protection whatever.

Please explain how that glaring breach of fiduciary trust is in any way good for business?
 

ArcticGranite

Well-Known Member
Right. It's good for the financial advisor to no longer be bound to work in the best interest of his client, but what about the client's reasonable expectation of not getting fucked over by the 'professional'?

That's a slippery slope Wall Street will happily slide down all the way to the bank, while consumers of such services are left with no protection whatever.

Please explain how that glaring breach of fiduciary trust is in any way good for business?
Stop. Cui bono? Buyer beware. I'm responsible for my own choices. Everyone else is too but they won't accept personal responsibility and look to Uncle Sam for a backstop.
 

schuylaar

Well-Known Member
Right. It's good for the financial advisor to no longer be bound to work in the best interest of his client, but what about the client's reasonable expectation of not getting fucked over by the 'professional'?

That's a slippery slope Wall Street will happily slide down all the way to the bank, while consumers of such services are left with no protection whatever.

Please explain how that glaring breach of fiduciary trust is in any way good for business?
Boycott them. You don't need their services. You can get software to replace them if you must or just put in sell orders like @UncleBuck does.

You don't need them; if you have them, they are STEALING from you.

Don't believe me..do an audit of their fees that you 'trust them' or 'never have time for'..if you have annuities you are being raped then volunteering to make them a sammich.
 

ttystikk

Well-Known Member
While we're making America great again, how's about we pass a law to end the practice of tax holidays and giveaways to lure corporations?

It's a ripoff of the American taxpayer.

How about taxing the top tiers of income at 40%, and capping deductions? For example, the American taxpayer does not need to subsidize more than the first half million dollars on a home mortgage. Want a twenty million dollar mansion? Cool! Finance it yourself, Daddy Warbucks!
 

ttystikk

Well-Known Member
Not to mention anyone who actually cares about the environment.
There's a lot of people out there who think those trying to protect the environment are a threat to them and their jawbs. Lower middle class white blue collar without higher education, like coal miners.

In one sense, they're right. On the other hand, they'll be a lot easier to convince if there was a clear path and subsidized programs to help them retrain and modernize their skills.

It's a dirty game our country plays against loyal hard-working employees that are losing their industry through no fault of their own. We need to help them not only get better and more marketable skills but also to support them during the transition.
 

PCXV

Well-Known Member
Stop. Cui bono? Buyer beware. I'm responsible for my own choices. Everyone else is too but they won't accept personal responsibility and look to Uncle Sam for a backstop.
The people using their government to create ethical laws is them taking responsibility. Imagine your neighbors or even several members of your family were scammed and screwed out of their hard earned money by crooked financial practices that were purposefully made legal to defraud consumers. Is that really what you want? Is that really in the public's interest? Isn't it the governments job to represent the public's interests, not crooked financial agents that buy politicians with campaign contributions?
 

ttystikk

Well-Known Member
The people using their government to create ethical laws is them taking responsibility. Imagine your neighbors or even several members of your family were scammed and screwed out of their hard earned money by crooked financial practices that were purposefully made legal to defraud consumers. Is that really what you want? Is that really in the public's interest? Isn't it the governments job to represent the public's interests, not crooked financial agents that buy politicians with campaign contributions?
It's only unfair if they're the ones who get screwed.
 

spandy

Well-Known Member
Where's the accountability for our elected officials? I think that's a big part of the problem right there.
Stop. Cui bono? Buyer beware. I'm responsible for my own choices. Everyone else is too but they won't accept personal responsibility and look to Uncle Sam for a backstop.

I agree with both you.

But people are waking up right now all across this country with huge get out of bed and sign my life away boners.
 
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