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Good [+1]Toggle ReplyLink» SeismoLogick a répondu le Tue 13 Nov, 2007 @ 12:03pm
seismologick
Coolness: 121640
SEC
Definition

Securities and Exchange Commission. The primary federal regulatory agency for the securities industry, whose responsibility is to promote full disclosure and to protect investors against fraudulent and manipulative practices in the securities markets. The securities and Exchange Commission enforces, among other acts, the Securities Act of 1933, the Securities Exchange Act of 1934, the Trust Indenture Act of 1939, the Investment Company Act of 1940 and the Investment Advisers Act. The supervision of dealers is delegated to the self-regulatory bodies of the exchanges. The securities and Exchange Commission is an independent, quasi-judiciary agency. It has five commissioners, each appointed for a five year term that is staggered so that one new commissioner is being replaced every year. No more than three members of the commission can be of a single political party. The securities and Exchange Commission is comprised of four basic divisions. The Division of Corporate Finance is in charge of making sure all publicly traded companies disclose the required financial information to investors. The Division of Market Regulation oversees all legislation involving brokers and brokerage firms. The Division of Investment Management regulates the mutual fund and investment advisor industries. And the Division of Enforcement enforces the securities legislation and investigates possible violations.

o.k. so my question is: do u think that the biggest problem related with the market in usa is due to a corrupted mechanism of regulation?
I'm feeling pre-market incator right now..
Good [+1]Toggle ReplyLink» system_glitch a répondu le Tue 13 Nov, 2007 @ 12:29pm
system_glitch
Coolness: 162525
The SEC itself has the objective to protect the small income housings from taking too much risks money/investment wise.

The biggest problem with USA's market right now is the lack of financial education from the masses and the outrageous overspending habbits and debt market that keeps growing there every day ....
I'm feeling fateified x2 right now..
Good [+1]Toggle ReplyLink» LiquidShadow a répondu le Tue 13 Nov, 2007 @ 2:55pm
liquidshadow
Coolness: 33905
yeah, beyond the housing industry, the whole system of mechanisms of regulation in the USA do not work as they are supposed to. Take the FDA for example which is a complete joke when it comes to authorizing the use of chemicals or the introduction of new drugs.
I'm feeling 'zerker right now..
Good [+1]Toggle ReplyLink» Trey a répondu le Tue 13 Nov, 2007 @ 4:13pm
trey
Coolness: 102790
A bank is a place where they lend you an umbrella in fair weather and ask for it back when it begins to rain.

-Robert Frost
Good [+1]Toggle ReplyLink» moohk a répondu le Tue 13 Nov, 2007 @ 4:48pm
moohk
Coolness: 69085
i think it is inadequate to pinpoint any one condition as the 'biggest' problem. social forces are made up of a complex of interrelated issues. very generally, though, i think a critique of the 'market' in the us today is that it entails social domination, involuntary relations and coercive hierarchy.
I'm feeling siamese chicken right now..
Good [+1]Toggle ReplyLink» greatjob a répondu le Tue 13 Nov, 2007 @ 5:29pm
greatjob
Coolness: 282480
C-o-r-r-u-p-t

e-d?
Good [+1]Toggle ReplyLink» basdini a répondu le Wed 14 Nov, 2007 @ 5:18am
basdini
Coolness: 145225
Originally Posted By MOOHK I THINK IT IS INADEQUATE TO PINPOINT ANY ONE CONDITION AS THE 'BIGGEST' PROBLEM. SOCIAL FORCES ARE MADE UP OF A COMPLEX OF INTERRELATED ISSUES. VERY GENERALLY, THOUGH, I THINK A CRITIQUE OF THE 'MARKET' IN THE US TODAY IS THAT IT ENTAILS SOCIAL DOMINATION, INVOLUNTARY RELATIONS AND COERCIVE HIERARCHY.


i disagree with this entirely,
I'm feeling surly right now..
Good [+1]Toggle ReplyLink» moohk a répondu le Wed 14 Nov, 2007 @ 5:33am
moohk
Coolness: 69085
hehehe. is that because you're neo-liberal? give us something to work with ...
I'm feeling siamese chicken right now..
Good [+1]Toggle ReplyLink» basdini a répondu le Wed 14 Nov, 2007 @ 7:26am
basdini
Coolness: 145225
i'm not neo liberal but i do believe by definition markets are democratic, if you don't like something don't invest your money in it if other people agree they won't either.

i firmly believe that true human happiness rests with the individual, the individual's right to choose to live his or her life as he or she sees fit, not with some vast collectivist scheme based on an ethnicity, an ideology or a religion, believing this is a tragic mistake made by many people. Individualism is a good thing and it should be celebrated not scorned, being an individual also means determing what i do with my own property, labour and body and not determining what other people do with theirs. This is why i believe taxes and government are evil (perhaps a necessary evil but evil none the less) and should be minimized to nothing if possible, i also believe in the total legalization of all drugs because i think my body and mind are mine and no one elses. i believe in legalized suicide, for the same reason. Likewise for abortion and homosexuality. I also believe the people should have the right to own guns as a last stop measure for defending their rights against a government (or any other institution) that would try to take them away.

so thats what i believe in what about you Adrian?
I'm feeling surly right now..
Good [+1]Toggle ReplyLink» lacasse.bob a répondu le Wed 21 Nov, 2007 @ 12:29am
lacasse.bob
Coolness: 60130
Originally Posted By BASDINI

i'm not neo liberal but i do believe by definition markets are democratic, if you don't like something don't invest your money in it if other people agree they won't either.

i firmly believe that true human happiness rests with the individual, the individual's right to choose to live his or her life as he or she sees fit, not with some vast collectivist scheme based on an ethnicity, an ideology or a religion, believing this is a tragic mistake made by many people. Individualism is a good thing and it should be celebrated not scorned, being an individual also means determing what i do with my own property, labour and body and not determining what other people do with theirs. This is why i believe taxes and government are evil (perhaps a necessary evil but evil none the less) and should be minimized to nothing if possible, i also believe in the total legalization of all drugs because i think my body and mind are mine and no one elses. i believe in legalized suicide, for the same reason. Likewise for abortion and homosexuality. I also believe the people should have the right to own guns as a last stop measure for defending their rights against a government (or any other institution) that would try to take them away.

so thats what i believe in what about you Adrian?


All that sounds pretty liberal, maybe not neo-liberal thought...
Are you more on the Libertarien side or Anarcho-individualist side or anything else, maybe...
Check out this guy, Stirner, he's great !
[ fr.wikipedia.org ]
Mise À Jour » lacasse.bob a écrit sur Wed 21 Nov, 2007 @ 12:32am
Quiquoncque croit que la main magique de la loi de l'offre et de la demande est la pour assurer la démocratie fait , d'aprèe moi, une trèe grosse erreur.
I'm feeling underarrest right now..
Good [+1]Toggle ReplyLink» moohk a répondu le Thu 22 Nov, 2007 @ 8:56am
moohk
Coolness: 69085
i don't think that my political analysis, if that is what you are asking, is easy to sum up (and i believe that no good political analysis could be summed up too easily, as an oversimplified sound byte). my political beliefs can for the most part probably fit coherently into certain ideological schemas/frameworks. but at the end of the day, what i 'call' it isn't what is important to me. it is more the ideas and beliefs, rather than the Idea. does that make sense?.. in the spirit of libertarian anarchist desires, the Idea is actually antithetical and undermines itself, i suppose...

i don't believe in an absolute Truth, or even in any absolute truths, really.. (knowing full well the ambiguousness of even this statement itself). please don't mistake this for a watered down politics. i am by no means a fence-sitter, and i think that we have a responsibility to hold convictions and to fight for what we believe in. i believe in freedom and i believe in respect for life, all kinds of life. simultaneously, i believe that life is extremely complex, so much so that the competing realities can be harmonious, contradictory and ambiguous. politically, i believe that the 'answers' are multiplicitous, temporal, interconnected ... in sum, there are no easy answers.

about the [liberal democratic] vision of the 'individual': i don't think collectivity and individualism have to be mutually exclusive. i find the idealization and romanticization of 'individualism' troubling, in the sense of an individual being a discrete and separate entity. what is individual freedom, then? what does freedom mean for you, if it is only for you. if your world begins and ends with your own personal space and being (whatever that means), then can anything even have meaning? the 'liberalism' of western state power actually enforces very strict bounds, while at the same time maintaining a guise of 'freedom'. consider 'choice' (something which capital talks about all the time). choice depends on your freedom to make choices. but if, for example, you are shackled with debt, you don't have the same freedoms ...
I'm feeling siamese chicken right now..
Good [+1]Toggle ReplyLink» basdini a répondu le Thu 22 Nov, 2007 @ 10:40pm
basdini
Coolness: 145225
^we can't be free unless you take reponsibility for your action, people make choices for good or for bad, but we have to live with them,

i think people are ridiculous sometimes,

when things go well for you "i'm so smart i made the right choices, everyone else is so stupid"

but when they go bad "it's not my fault, society is to blame, it could have happened to anyone"

as for my 'politics' i am a nihilist, i don't believe in anything, especially ideology, political position and morality. all these things are illusions...
I'm feeling surly right now..
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