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12:13 PM on 03/28/2012
PART 1 of the JOBS ACT- all welfare junkies need to work and give the middle class a break.
12:28 PM on 03/28/2012
Especially the ones on Wall Street!
RedWingFan51
11 Time Stanley Cup Champs.
01:18 PM on 03/28/2012
Wow that's a lame statement!
RedWingFan51
11 Time Stanley Cup Champs.
01:18 PM on 03/28/2012
Yeah like the lazy ones that say they deserve entitlements over looking for work.
themotorjunkie
Elections are decided by those who bother to vote
09:19 PM on 03/28/2012
well Id say since you are so convinced that the poor are simply lazy, there is an easy way to prove it. OFFER THEM DECENT JOBS
12:09 PM on 03/28/2012
pump n dump and bucket shops are back
12:08 PM on 03/28/2012
The democrats want to take away our freedoms one by one.
12:15 PM on 03/28/2012
Soon the dems will be in your own home and tell you that you have to pay for miss flukes kids when miss flukes publically bought birth control pills fail.
12:32 PM on 03/28/2012
Excuse me but Ms. Fluke was NOT on public assistance and the Republican controlled HOUSE passed this bill. The Democrats did not author DOMA and that is the biggest government freedom take away of all!
RedWingFan51
11 Time Stanley Cup Champs.
01:19 PM on 03/28/2012
That's there goal.
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ironchefjay2
Good politician = one without a job
11:58 AM on 03/28/2012
Strange......I dd not see in the bill where one job is created. All I saw were changes in rules. What can you say except this is politics as normal here in the USA.
12:13 PM on 03/28/2012
Bi-Partisan means you get the SHAFT! No oversight so Wall Street can run WILD again!
ALECTRO
Valiant protector of the truth
11:21 AM on 03/28/2012
This is no jobs act. This is a license to steal. The act nullifies protections provided by the SEC that prevent stock fraud. If this misguided bill becomes law, it will allow an avalanch of fradulent stock issues that will harm IRA investors the most. STOP THIS BILL.
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appeallawy
11:09 AM on 03/28/2012
We haven't learnt the lesson of lack of regulation in an industry dominated by unprincipled schemers and, certainly, the Congress and the President who enact this bill are entitled to all the responsibility for failing to recognize that "those who fail to remember the past are condemned to re-live it."
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philliplojek
Irritating liberals one at a time.
10:54 AM on 03/28/2012
Obama praises the bill until it fails. Then he will condemn it as it passed in a Republican-led House.
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ironchefjay2
Good politician = one without a job
11:55 AM on 03/28/2012
Do you honestly think Obama will take the bame for anything even though he signs the bill into law?.........I thought not.
12:35 PM on 03/28/2012
Like W apologizing for Iraq, the 9-11 fiasco, and finishing the job on the economy that Reagan started.
01:32 PM on 03/28/2012
President Blamer, 24 / 7 / 365
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tmm77625
Schadenfreude, a dish best served liberally
10:45 AM on 03/28/2012
Now, when the next bubble bursts, everyone remember - Obama and the Dems supported this. Just as they supported everything that led to the housing bubble.
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appeallawy
11:10 AM on 03/28/2012
Everyone involved in destroying the Glass-Stiegel Act deserve condemnation.
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ironchefjay2
Good politician = one without a job
11:56 AM on 03/28/2012
They do not deserve condemnation because it means nothing......they need to be thrown out of office,.
12:39 PM on 03/28/2012
The American people deserve the condemnation for being lazy and stupid. If they had been paying attention that never would have happened! MANY econonmists, FROM THE LEFT, said it would lead to what happened but their voices were drowned out by the "Liberal Press" (like Newscorp)!
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shlack123
Independent; Moderate; Atheist; Texan.
10:35 AM on 03/28/2012
Overall, I think this is a good bill. I'm glad many Democrats were able to see this and passed it. Now is not the time for petty politics. Now is the time for jobs and growth.
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db025
10:48 AM on 03/28/2012
I only hope enough dems can convince ob that, altho the bill was passed by a republican majority house, it is good and will help the economy of the country. Obama is the most partisan president, running the most partisan administration, I've see in my life, and I can remember the Truman administration.
11:33 AM on 03/28/2012
If you can't remember Nixon, your memory is shot. The only reason I am leery of this bill, is that the very people pushing it are the very people who stole the savings of the American people the last time. If a bill is loved by Wall Street, you really have to keep your hand on your wallet...
11:47 AM on 03/28/2012
my father had memory loss, too. good luck with that.
10:51 AM on 03/28/2012
This bill will do nothing to create jobs the only reason it passed was to let the republicans have their way, so when it blows up in their face, democrates can say we told you so. IAM not against business or people that want to start up business, it should be as easy as possible to start or maintain a business, but business has a responabity to run that business that is within the law and not take advantage of consumers and investers. This wasn't the case during the late 1990's through 2000's. We saw the same during the 1980 savings and load bailout. These problems will keep happening because people cheat when it comes to money and power, regulations are the only answer
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wilkesgm
11:07 AM on 03/28/2012
I hate to say it but you are delusional. Silicone Valley is so staunchly liberal its pathetic. They realize that Obama's anti-business ideology is killing innovation, no matter how much he crows about it. So, if you want your neighbors to have jobs, you might want to rethink your fantasy. The government's interference in business is the major cause of our downturn. Killing start-ups is a great way to drive us further underwater.
11:11 AM on 03/28/2012
Regualtion stilfes those wanting to break into the business market.. for those who already have money, they can put it elsewhere and avoid the regulations.. it takes money to make money.. so let them have money and best of luck..
much better than giving mortgages to those who cant afford them and then after they default, ask the public to bail them out.. aka Barney Frank...
10:25 AM on 03/28/2012
Great news. Now, for the first time ever, the average American can decide if they want to participate in new ideas, concepts and start-ups. That's where jobs come from, not government programs or various economic-development schemes.

For all of you commenting that this will lead to people losing money: Americans waste $400 billion a year in gambling casinos. If you want to protect people, how about starting there?

If you explore crowdfunding a bit more you'll learn it takes a "crowd" for something to be funded. It's 2012 and people have access to information and can think on their own. The risk of a new idea or venture is spread out and this is much better than dealing with Angel investors or VCs.

Crowdcube has existed in the UK for more than a year with NO reported problems. Are you suggesting they're smarter than us? More ethical?

We need to do everything in our collective power to encourage innovation and a renewed effort to lead the world. Crowdfunding let's the "people" decide. That will be an interesting thing to see. Don't be afraid.

My work is here: http://www.solutioneur.com
11:37 AM on 03/28/2012
I'm not "afraid" but I'm also old enough to know how many scammers are out there, drooling over the uneducated investors who are trying to stay ahead of non-taxed business fraud. I'm willing to give this a chance, but keep your money safe and your "powder dry" as the Founding Fathers would have warned. Too much of Amercian business these days involves trying to find new ways to scam investors and customers....
03:05 PM on 03/28/2012
Investors no longer need to be "uneducated." The world has changed and plenty of information is now available. Plus, remember that "crowdfunding" would need to trick the whole "crowd," and that's very unlikely. It just may turn out to be much better than the old "broker recommends" model.
themotorjunkie
Elections are decided by those who bother to vote
09:24 PM on 03/28/2012
All I want to know is there a provision to offer deep discounts on cold stale fries to go with these McJobs? Gotta be able to eat somehow
11:21 PM on 03/28/2012
Grow up. Stop whining. Take some responsibility for your life and your country.
10:17 AM on 03/28/2012
From the article: But Ann Yerger, executive director of the Council of Institutional Investors, an association of pension funds and other employee benefit funds, said it "will create greater risks for investors and ultimately could erode confidence in our capital markets."
*
My simple question: "How could confidence in our capital markets erode any further"?

FreddieVee
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wilkesgm
11:07 AM on 03/28/2012
If Obama vetoes the bill.
ALECTRO
Valiant protector of the truth
11:23 AM on 03/28/2012
Something yo do not want to see
10:16 AM on 03/28/2012
This gets press, but BHO's whispers to the Russian leadership (Dimitri, tell Vladimir) are not getting nearly the attention that they should.
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shlack123
Independent; Moderate; Atheist; Texan.
10:35 AM on 03/28/2012
This is far more important to our country.
11:39 AM on 03/28/2012
The economy's important, but international relations and acting as a dictator has more far-reaching implications for the well-being of the country.
11:40 AM on 03/28/2012
Your paranoia needs silence, not "press".. nothing was said that couldn't have been said in public, but not every whisper or fart needs to be so analyzed.
02:57 PM on 03/28/2012
One need only look at Obama's public statements and actions concerning missile defense which is the Russian want-to-be empires greatest concern. Obama does not want a missile defense which is viable against all comers, and has taken positive actions to ensure just that. We defeated the Russians once without any major costs to life, and do not need to do that again. Obama does not understand that maintaining our defensive and offensive capabilities keeps all the international rif-raf somewhat under control as they realize they will be destroyed if necessary to our survival. Reducing our capability simply increases the odds that some idiot will attack us or our interests and we will be incapable of responding with the necessary overwhelming force.
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concerned tax payer
09:52 AM on 03/28/2012
Wall Street Investment Banks like IPO's because they crearte the story to sell the stock to the public.

It occured in 1998-2000- they lied, and they defrauded investors, as they made billions (yes, billions) conducting IPO's of companies that went bankrupt, had no profits, and had no realistic projected profits.

The Investment Banks rewarded the analysts because the analysts became promoters for stocks, rather than providing analysis - and it led to Strong Buy ratings on WorldCom , Enron,and others in order to win investment banking business.

It violated the spirit of a fair marketplace, and now they (Wall Street) have brought it back. This makes the market a casino, not an investment place, and it goes against all that has been done to protect consumers against fraud by Wall Street firms.

It demonstrates the power and influence of Wall Street, and it shows how the investment banks own politicians.

Vote out the congress at the first chance you get!
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tmm77625
Schadenfreude, a dish best served liberally
10:44 AM on 03/28/2012
Anyone with common sense and who did a little research before they invested in the dot.com bubble knew that those company had no profits at the time of their IPOs. Bubbles are fueled by greedy investors who decide to bet more than they can afford to lose...and then lose.
11:44 AM on 03/28/2012
I was an engineer in Silicon Valley in the 80's, and everyone working for many of those "move-the-money-around" companies knew that they were scams built on air. We didn't invest in them, but farmers and workers in industry did. They failed becausse they were scams from the start, and another round of these "new technology" and "moving the money" companies are coming around again, to pick any sucker money still out there. If you don't understand what you're being sold... just don't buy it! How hard is that to understand???
themotorjunkie
Elections are decided by those who bother to vote
09:29 PM on 03/28/2012
To be fair, trying to project profits without a previous track record is kind of a crap shoot. The use of overly optimistic numbers gets to be a real issue. When I started my business I used very conservative numbers, low revenues and high expenses to plan and was pleasantly surprised.
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concerned tax payer
09:43 AM on 03/28/2012
Does anyone have copies of research reports from Mary Meeker on Priceline? I do. Based on the "research and analysis", the stock should be at $10,000 today - it is priced below $1,000.

Perhaps this quality of "Research and Analysis" is what takes place when research analysts are paid , based on the success of the IPO market.

Does anyone follow PSIX (PSI Net)? Look up old research from Jeff Camp and Steve Flynn - public research - and look how long the Outperformrating was maintained. Look who they worked for. Look how much they paid to settle with Elliott Spitzer.

This legislation will allow Investment Banks to lie to retail investors, and to promote bad deals to allow private equity firms to get out when a company does an IPO - it is paid-for legislation, bought by Wall Street special interests -

It will topple the financial system.

IT IS GOING BACK TO THE ROOT CAUSES OF THE FINANQCIAL COLLAPSE AND MUST BE STOPPED!!!

THIS IS WALL STREET OWNING GOVERNMENT ONCE AGAIN!!!
11:49 AM on 03/28/2012
I can't dispute anything you're saying, but I only point out that Amway is still in business.. There is really no way to keep a sucker from investing in a bad business, or losing their money. Sure, "Wall Street" is buying Congressmen and women, but who is electing these bums.... we are!
I live in Arizona, one of the worst bought-and-paid-for Assemblies in the nation.. they all get re-elected every time they run. All you can do is don't be a sucker yourself.
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kabirbooks
09:43 AM on 03/28/2012
VILAA, JOBS ACTS FOR INDIA AND AMIGO