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madcowmonkey (< 20)

Link anything on Regulation that you see fit here

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August 14, 2009 – Comments (11) | RELATED TICKERS: REG , SU , X

Link: http://www.record-eagle.com/local/local_story_226073009.html?keyword=topstory

Excerpt: A federal marketing order will divert 42 percent the estimated 300 million-plus pound tart cherry harvest from going to the primary domestic market this year. Area growers estimate 20 percent to 25 percent of their crop will be abandoned.

My thoughts. I am seeing more and more regulation everywhere I turn. Investment firms, farmers, healthcare, you name it....it's there. The government will be driving people out of business.....where are they going to turn?

 

11 Comments – Post Your Own

#1) On August 14, 2009 at 11:18 AM, madcowmonkey (< 20) wrote:

Link: http://losangeles.craigslist.org/lac/npo/1320138750.html

Not sure if it violates Fools rules, sorry if it does, but I figured it fit in with regulation and could bring up some other interesting points. If nothing else, maybe a Cali Caps player could get a job:)

BTW- I am not involved with that post.

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#2) On August 14, 2009 at 1:02 PM, Tastylunch (99.64) wrote:

yeah neither party seems to get it.Republicans cut too many rules and enforcement, democrats are just piling onerous and pointless ones.  

We don't need more regulation in most things (well I wish Glass Steagall was back), we need better regulation that's actually enforced on large companies and not just small ones.

Neither side seems to be doing what's actually needed namely putting "cops" on the beat. It would also help if they didn't leave giant loopholes and kickbacks in bill for their buddies.

Abitare's video from the other explains the phenomenon perfectly basically the white collar crime division of the FBI was complete divertd to terrorism after 9/11 and we all know Bush II bragged about halving the number of agents at the SEC.

2009 has been a very disappointing year for the country I would say. Very little real progress.

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#3) On August 14, 2009 at 1:27 PM, eldemonio (97.54) wrote:

Here is a link that may be useful - http://www.cato.org/pubs/regulation/

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#4) On August 14, 2009 at 1:48 PM, madcowmonkey (< 20) wrote:

tasty- Polar opposites right? I couldn't imagine what it would be like if it was balanced. Even if Bush halved the number of SEC agents, the BD's that are still around have big problems. I imagine the majority of them will give up, so many of them already have. That is a tough business to be in if you own it.

eld- nice to hear from you. That is a great link about regulation. Four times a year and easy to read. If it really is easy to read, I will definitely be looking into it more. I think the regulation is getting out of hand and killing businesses at this point. I always have a tough time reading the regulatory articles that I come by, but can catch on to the aftermath like most US citizens and then have the opinion about it eh:) Ron Pauls HR bill with auditing the fed is a great one though. If US businesses are getting regulated and audited like a mofo, so should the fed.

thanks for the link.

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#5) On August 14, 2009 at 1:52 PM, madcowmonkey (< 20) wrote:

Link: Opalesque Exclusive: SEC investigations expected to rise as ...‎

Excerpt: As of August 11th, investigators at the SEC will no longer have to go through a lengthy process to secure subpoenas. Instead, staff attorneys will only have to secure approval from their senior supervisor in order to direct inquiry letters and/or subpoenas to fund managers. New York-based law firm Sadis Goldberg LLP issued a warning to clients on Thursday alerting them of expectations for an uptick in SEC investigations within the financial community.

Have fun with that one boys and girls. They must be getting really bored at the SEC. The only ones that will make out on this are the lawyers of the firms being attacked, which will be all mid to small firms that are doing legite business. I guess it is just for the big boys now. Ah,,, America,,,, a breath of regulated air coming soon.

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#6) On August 14, 2009 at 2:12 PM, madcowmonkey (< 20) wrote:

Link: Text messages may be “free,” but the network isn't

Excerpt: The whole thing is especially galling since text messages are pure profit for the cell carriers. Text messaging itself was invented when a researcher found “free capacity on the system” in an underused secondary cellphone channel: http://bit.ly/QxtBt. They may cost you and the recipient 20 cents each, but they cost the carriers pretty much zip.

My thoughts. Let congress regulate the cost of a text and watch the plans increase for regular coverage. No thanks. Let supply and demand determine the amount AT&T can charge on a per text basis.

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#7) On August 14, 2009 at 2:51 PM, eldemonio (97.54) wrote:

madcow - hope you are doing well, staying out of trouble.  Check out this info - http://www.usnews.com/blogs/peter-roff/2009/08/13/burden-of-big-government-taxes-and-regulation-skyrockets-in-2009.html

Excerpt - "One effort to get to inside the ballpark when it comes to fixing government's cost is produced by the Center for Fiscal Responsibility and the pro-taxpayer Americans for Tax Reform Foundation, which each year calculate what they call "Cost of Government Day"—Cost of Government Day is the date of the calendar year on which the average American worker has earned enough in gross income to pay off his or her share of the spending and regulatory burden imposed by government at the federal, state, and local levels.

This year, in 2009, Cost of Government Day fell on August 12, 26 days later than in 2008, when it fell on July 16 and came later in the year than at anytime going back to 1977, the first year for which the date is calculated.

In simple terms, this means the average taxpayer has to work 224 days out of the year to earn enough in gross income just to meet the cost imposed by all levels of government."

Next year, Cost of Government Day will probably fall closer to Halloween.  Good thing, I prefer to celebrate bloated governement spending in the coolness of a brisk autumn evening.

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#8) On August 14, 2009 at 3:21 PM, madcowmonkey (< 20) wrote:

224 days out of the year to earn enough in gross income just to meet the cost imposed by all levels of government

 

Yikes. good thing the government gets such good healthcare coverage for all the hard work they are doing.

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#9) On August 14, 2009 at 3:33 PM, madcowmonkey (< 20) wrote:

Doing good btw. I am planning on fishing all weekend. My oldest just got his first tackle box and I filled it with lures, bobbers, hooks, and LEAD split shots. He couldn't fall asleep he was so excited about it. It's nice because he likes to fish and golf, so I have a buddy for the weekend....every weekend. I have been practicing hooking fish on the WII lately and I think I got it down. I finally broke down and bought a vidoe game system. It doesn't eat up much of my time, but it pisses me off when I can't return more than 70+ volleys on the ping pong game. I use to be such a decent player back in college.

http://www.youtube.com/watch?v=auVsNhHc42c

I like cereal. I like cereal. I like cereal.

That song kills me in that show.

I hope you are doing well out in Cali. I have a niece that just moved out to the LBC area. Not sure what she is up to though. Take care eld. I haven't seen you on the posts that much anymore. You always provide some good  entertainment.

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#10) On August 17, 2009 at 11:35 AM, madcowmonkey (< 20) wrote:

Link: http://news.yahoo.com/s/ap/us_tax_haven_crackdown

 

approximately $300,000 a person that will be back taxed with interest. Let's just say 30% for fun means the IRS just found something over 4 billion in taxes? For those hiding money, move it to Belize. Of course they will crackdown that structure as well.

Curiously, does anyone know how much Switzerland made on those accounts and how are they going to re-coup?

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#11) On August 17, 2009 at 11:38 AM, madcowmonkey (< 20) wrote:

Link: http://www.nytimes.com/2009/08/17/education/17educ.html

This does nothing for the education of our students. It might actually dumb down the programs that kids are offered. Let the states handle it and stop testing for money's sake. 

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