Do people know not what they do?

There have been some interesting changes over the last couple of years at the SEC. Please take the time to examine how lobbying, computer risk modeling, and changes to the "Net Capital Rule" may have increased the magnitude of the financial crisis.

Here are the links:

Step One: Understand the history of the SEC (Examine the 1933 and 34 Acts).

1.http://www.sec.gov/about/whatwedo.shtml

Step Two: Check out the lobbying.

2. http://banking.senate.gov/00_02hrg/022900/paulson.htm

Step Three: Look at how the rules were changed.

3. http://www.sec.gov/rules/final/34-49830.htm

Tell us what you think......

What will the bank stress tests show?

The results of the stress tests are being released today only to the bankers. We will get the results on May 4, 2009. Any comments on Citi's possible position? Tell us what you think......

Possibility of Bankruptcy for the United States?

The United States has been on a debt binge for quite awhile. How will we pay for our future obligations? Please take the time to review some possible solutions by Laurence J. Kotlikoff in a report from the Federal Reserve Bank of St. Louis Review.

Here is the link:http://research.stlouisfed.org/publications/review/06/07/Kotlikoff.pdf

Tell us what you think..............

Playing around with the look of the blog....

Check out this from (Video Here)....Example