Politics

Out of context: Reply #6655

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  • tommyo0

    ^^ Speaking about the banking and Wall St. I'm kinda curious why you don't hear much about the SEC? TBO, can you enlighten me as to why the SEC isn't being scrutinized? Wouldn't those pesky credit default swaps be under their jurisdiction? Kinda wondering who was supposed to be watching the banks as an oversight role. Also, since you seem very likely today to write a really nice long juicy article for us; oversight vs regulation. Pick one and explain why it's better than the other. I've always been under the impression that oversight has advantages over regulation since oversight seems more like a case by case evaluation based functionary role rather than a bureaucratic 'no one can do __.'

    Thank you, much love.

    tommyo 0Permalink
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    • I'd have to think about that before I just splay words onto the page...TheBlueOne
    • ...and not sure on what you mean by "oversight vs. regulation"..how are you defining each one?TheBlueOne
    • tommy do your own legwork biatch!DrBombay
    • just wing it, tbo :)PonyBoy
    • Yeah TBO, not knowing the issue never fucking stopped you before. :Ptommyo
    • Oversight being a more constant watchful eye as opposed to regulation being a more static reactionary function.tommyo
    • At least that's how my small brain has perceived it. i.e. http://www.consumeri…tommyo
    • I'll tackle it later..it's closing time and I gots to drive home...TheBlueOne
    • In the meantime, let this get your ire up:
      http://norris.blogs.…      TheBlueOne
    • NOW!!! hehe. Oh and fuck you Rick, you liberals are all about someone else doing the leg work for you! I'm a liberal now!!tommyo
    • And a quick goole search has turned up that credit default swaps were neither regulated or had any oversight:
      http://jimhamiltonbl…      TheBlueOne
    • http://jimhamiltonbl…
      &
      http://www.washingto…      TheBlueOne
    • So the SEC has no reason to be scrutinized on this matter although in other things they are FAILTheBlueOne
    • Wow man, you know, Goldman really has no reason to change their evil ways. They've got friends in high places.tommyo
    • I wish I could have just wiped my Dec mortgage off the books. My bank account would look even more handsome.tommyo
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