March LC Thread **Survivor White House Edition** - Page 30 - Politics and Economics

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March LC Thread **Survivor White House Edition**

View Poll Results: Who will NOT survive the month of March?

Jefferson Beauregard Sessions III

3 5.77%

John Kelly

5 9.62%

Kellyanne Conway

1 1.92%

Rex Tillerson

7 13.46%

Jared Kushner

13 25.00%

Ben Carson

11 21.15%

Gary Cohn

5 9.62%

Ryan Zinke

1 1.92%

Rod Rosenstein

4 7.69%

Write-in

2 3.85%

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Page 30 of 65

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Last

03-16-2018 , 04:46 PM

#726

Johnny Truant

Carpal \'Tunnel

Join Date: Mar 2014 Posts: 8,058

Quote:

Originally Posted by DudeImBetter

Because even tho my 6 year old won't be more at risk to bang prostitutes in stolen cars, I still don't think she's emotionally mature enough to manage exposure to material in GTA...?

Is this a trick question?

I guess it’s tricky. What effect could it have on her? At what age will that effect not be a concern for you?

03-16-2018 , 04:48 PM

#727

dth123451

Carpal \'Tunnel

Join Date: Jul 2012 Posts: 15,502

TD,

Come on, man. Not everyone needs a Boglehead approved three fund portfolio, but the **** going on at your neighborhood Edward Jones office is absolutely unconscionable. On top of the (at least) 1% AUM fee, they are trained to sell high load mutual funds, ripoff insurance products and worse. My mother in law knows nothing about finance; her advisor bought and surrendered two annuities at unbelievable costs.

The whole industry is full of crooks. The "suitable" standard is a joke and permits anything short of embezzlement.

03-16-2018 , 04:53 PM

#728

Jbrochu

banned

Join Date: Jan 2005 Posts: 16,054

Quote:

Originally Posted by dth123451

Not to mention the account churning they will do to anyone stupid enough to let them get away with it.

Anyone who thinks it's a bad idea to make people acting as Financial Advisers work in the best interest of their clients is a moron.

03-16-2018 , 04:56 PM

#729

Johnny Truant

Carpal \'Tunnel

Join Date: Mar 2014 Posts: 8,058

Quote:

Originally Posted by Jbrochu

I agree with all of this. It’s predatory af in general, but aside from that—-what is the argued downside of the regulation they wiped out?

03-16-2018 , 05:05 PM

#730

dth123451

Carpal \'Tunnel

Join Date: Jul 2012 Posts: 15,502

The argument is that normal people won't get any financial advice because firms won't make enough money and will have to fight endless lawsuits. It is, in a word, bull****.

03-16-2018 , 05:07 PM

#731

markksman

Carpal \'Tunnel

Join Date: Oct 2007 Posts: 20,910

McMasters is out for real.

03-16-2018 , 05:13 PM

#732

Jbrochu

banned

Join Date: Jan 2005 Posts: 16,054

This is fine

03-16-2018 , 05:29 PM

#733

kerowo

lolcat

Join Date: Nov 2005 Posts: 37,183

Quote:

Originally Posted by DudeImBetter

I'm the furthest thing from an alt right apologist, but I'm not convinced them being labeled a terrorist organization is appropriate.

Why do you think they are anything but rebranded neo-nazis?

03-16-2018 , 05:39 PM

#734

MrWookie

Don't Call Me Meredith

Join Date: Feb 2005 Posts: 94,159

DIB, for the benefit of the forum, who coined the term "alt right?"

03-16-2018 , 05:46 PM

#735

Johnny Truant

Carpal \'Tunnel

Join Date: Mar 2014 Posts: 8,058

Quote:

Originally Posted by markksman

McMasters is out for real.

Any link? I can’t find it.

03-16-2018 , 05:56 PM

#736

markksman

Carpal \'Tunnel

Join Date: Oct 2007 Posts: 20,910

It came up as an Apple news link from the Washington Post. It is s story about the timeline of firings under Trump. Which is a pretty interesting.

Although reading it the McMasters thing is not confirmed but instead based off previous information.

03-16-2018 , 06:07 PM

#737

markksman

Carpal \'Tunnel

Join Date: Oct 2007 Posts: 20,910

Lol just got a correction from Washington. post on Apple news saying “Correction: Donald Trump WANTS to fire his National Security Advisof”

All posts are the same. Just tabloid rumor mongers!

03-16-2018 , 06:15 PM

#738

dth123451

Carpal \'Tunnel

Join Date: Jul 2012 Posts: 15,502

Back to retail finance.

I do have some sympathy for the industry, in that they will face allegations that anything but index funds violates the fiduciary standard. But, like, it's not really the public's problem that the entire industry provides negative value.

03-16-2018 , 06:34 PM

#739

simplicitus

Carpal \'Tunnel

Join Date: Jun 2007 Posts: 10,841

https://twitter.com/mattdpearce/stat...28324839714817

Romney!

03-16-2018 , 07:46 PM

#740

simplicitus

Carpal \'Tunnel

Join Date: Jun 2007 Posts: 10,841

https://twitter.com/SpeakerRyan/stat...87250574446593

03-16-2018 , 08:07 PM

#741

dth123451

Carpal \'Tunnel

Join Date: Jul 2012 Posts: 15,502

That analogy doesn't even make sense. Paul Ryan is a ****ing moron.

03-16-2018 , 08:07 PM

#742

Loki

binary duo

Join Date: Nov 2015 Posts: 12,772

Lock him up.

03-16-2018 , 08:08 PM

#743

ScreaminAsian

For President

Join Date: Oct 2008 Posts: 33,333

made sense to me. obamacase assured customers they weren't getting scammed by health insurance companies. the fiduciary rule ensured customers weren't getting scammed by financial advisors.

03-16-2018 , 08:14 PM

#744

whosnext

Carpal \'Tunnel

Join Date: Mar 2009 Posts: 6,788

Quote:

Originally Posted by dth123451

That analogy doesn't even make sense. Paul Ryan is a ****ing moron.

even if it does make sense (and it doesn't), his logic is backwards

03-16-2018 , 08:48 PM

#745

markksman

Carpal \'Tunnel

Join Date: Oct 2007 Posts: 20,910

One of the reasons Toys R Us claims they are closing is because there are not enough babys in the US. Obviously this is a cry for more open immigration.

03-16-2018 , 08:56 PM

#746

dth123451

Carpal \'Tunnel

Join Date: Jul 2012 Posts: 15,502

Probably doesn't have anything to do with the $5 billion of debt or hundreds of millions in management fees paid to managers who failed to avoid bankruptcy

03-16-2018 , 08:56 PM

#747

Max Cut

Guest

Posts: n/a

Fewer abortions and less contraception ldo.

03-16-2018 , 09:05 PM

#748

goofyballer

Carpal \'Tunnel

Join Date: Jun 2005 Posts: 70,719

Adding to the intrigue of which (and how many) heads will roll over the FIU bridge collapse: Engineer left a voicemail about cracking in the bridge two with the Florida Department of Transportation two days before the collapse, but the recipient was out of the office and didn't get it until today

That said, the message was not one of urgency and is not a great look from the engineering side:

Quote:

“We’ve taken a look at it and, uh, obviously some repairs or whatever will have to be done, but from a safety perspective we don’t see that there’s any issue there so we’re not concerned about it from that perspective,” said the engineer, W. Denney Pate. “Although obviously the cracking is not good and something’s going to have to be, you know, done to repair that.”