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OICUAM2
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OICUAM2's Discussions

Financial Regulation Reform Bill
5 Replies

Started this discussion. Last reply by Mary Ayala Feb 3.

More Stimulus?
4 Replies

Started this discussion. Last reply by Nathan Andover Oct. 17, 2009.

Why Is The Stock Market Stalling?

Started Jun. 16, 2009

 

OICUAM2's Page

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A blog post by OICUAM2 was featured
I highly encourage you to watch the PBS Frontline program called The Warning. It is about how a woman tried to warn people that unregulated derivative markets within the financial system was not a good thing. However, many people within the govern…
March 3
Should the government just monitor the economy or should it be allowed to regulate it? I agree that the financial regulations need to be updated. I don't agree with the laissez faire types who think that government should not be allowed to regulate…
March 1
The derivative market is actually regulated, just loosely and not enforced by the government (SEC). ('the warning signs ignored') It's been regulated since the early 20th / late 19th century when traders began trading agriculture futures at the chic…
February 28
OICUAM2 added a blog post
I highly encourage you to watch the PBS Frontline program called The Warning. It is about how a woman tried to warn people that unregulated derivative markets within the financial system was not a good thing. However, many people within the govern…
February 21
I support PAYGO as a general operating principle, but I have some hesitations about it because I think it is sometimes necessary to go into debt. For example, many states have balanced budget acts in place (the same a PAYGO???). When the recent eco…
February 9
I agree ...see a recent article dated january 2010 at www.mary4money.com
February 3
From what I understand, the financial reform bill passed in the House and now is making its way through the U.S. Senate. It seems to be stuck in the Senate Banking Committee. The Republicans are opposed to created a consumer protection agency along…
January 29
As for the bills working their way through Congress, I think it will be similar to the healthcare bills. Most people won't think it goes far enough because the political restraints (Republican opposition along with financial industry lobbyists and c…
December 21, 2009

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OICUAM2's Blog

OICUAM2

Frontline Program: The Warning

I highly encourage you to watch the PBS Frontline program called The Warning.

It is about how a woman tried to warn people that unregulated derivative markets within the financial system was not a good thing.

However, many people within the government (especially Allen Greenspan) subscribed to the philosophy that there should be a separation between the government and the market. This is the laissez-faire ideology that holds that the market will regulate itself while creating the best outcomes… Continue

Posted on February 21, 2010 at 10:35pm — 2 Comments

OICUAM2

Bill Gates On Meet The Press

I enjoyed the interview with Bill and Melinda Gates on Meet The Press this morning.

It is nice to see someone who has done well in business turning his attention to charitable works.

I didn't realize that Warren Buffet had given so much of his money to the Gates Foundation.

One of the main things I took from the interview is that there is a place for everyone and all institutions to get involved in the process of making the world a better place. Gates was very supportive of capitalism, but he… Continue

Posted on November 29, 2009 at 4:35pm —

OICUAM2

More Jobs Lost

Well, it was announced today that the United States lost close to a half million jobs last month. It was also announced that the national unemployment rate is now close to 9 and a half percent.

The reason I wanted to write something about this is because the numbers don't do justice to the reality. It wasn't just a half million jobs that were lost. It was millions of jobs being lost with millions fo jobs being gained that resulted in a net loss of a half million jobs.

For the millions of peopl… Continue

Posted on July 2, 2009 at 3:03pm —

OICUAM2

New Interview With Warren Buffet

PBS's Nightly Business Report has a new interview with Warren Buffet. He talks about the economy, his philosophies, and the Obama Administration:

http://www.pbs.org/nbr/site/research/learnmore/090122_buffett/

Posted on January 23, 2009 at 10:00am — 1 Comment

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