President Trump: Please do These Three Things

[william the wie]

The crony corporatist are here to stay, we have even added a few.

Don't know, Trump has promised a lower blood loss than the last eight years combined with a mild reign of Terror and virtue. I have no idea how that will work.

 

[Boss]

The crony corporatist are here to stay, we have even added a few.

Crony corporatism is the result of two things... Capitalism + Government power. As long as those two things exist, you have the potential for crony corporatism. My idea is to reduce or limit government power, then there is nothing for the crony corporatist to influence. You don't spend much time (or money) in a store with nothing on the shelves.

Socialists and statists want to go in the opposite direction... no capitalism and more government power. The problem is, free market capitalism has been the recipe for our economic prosperity.

 

[Indeependent]

The crony corporatist are here to stay, we have even added a few.

Crony corporatism is the result of two things... Capitalism + Government power. As long as those two things exist, you have the potential for crony corporatism. My idea is to reduce or limit government power, then there is nothing for the crony corporatist to influence. You don't spend much time (or money) in a store with nothing on the shelves.

Socialists and statists want to go in the opposite direction... no capitalism and more government power. The problem is, free market capitalism has been the recipe for our economic prosperity.

Yeah, right.
Unfettered capitalism works...for India and China.

 

[Boss]

Yeah, right.
Unfettered capitalism works...for India and China.

India and China don't have unfettered capitalism. Capitalism is controlled by the ruling class.

Neither do we for that matter.... it would be great if we did.... free market capitalism, anyway. It's a great system that is more beneficial, benevolent, fair and equitable than anything man ever created. It's pure mutual voluntary exchange of goods and services for remuneration with prices determined by supply and demand... there's nothing that can be more fair.

The only "fettering" it requires in an oversight to protect it from crony corporatism or exploitation. That's when there are problems... a capitalist colludes with an over-powerful government to leverage an advantage over it's competition. Or a capitalist unfairly exploits resources which it's competitors can't. That's NOT free market capitalism and we certainly need protection from it.

Most countries in the world CAN'T have this because they lack a Constitution that protects individual liberty, free enterprise and private property rights.

 

[LoneLaugher]

First - deregulate the economy

Next - deregulate the economy

Finally - deregulate the economy

Those three things will create many, many, many job, believe me. It will be HUGE!

The United States ranks - get this - 51st by the World Bank in ease of starting a new business.

Ranking of economies - Doing Business - World Bank Group

We rank behind Kazakhstan, Ivory Coast, Liberia and Kyrgyz Republic.

I don't even know where the fuck Kyrgyz Republic is.

I can't even pronounce it.

But we're losing to them.

That is absolutely ridiculous.

The liberals have been fucking up this economy.

It's time to end it.

Name three regulations you want killed.

Thanks.

The SEC did an audit of a firm I work with.

They told them to change the font on their business cards.

True story.

I'm sorry. But that is but a nice anecdote.

I'm looking for the actual regulations that we are supposed to kill.

 

[Toro]

The crony corporatist are here to stay, we have even added a few.

Crony corporatism is the result of two things... Capitalism + Government power. As long as those two things exist, you have the potential for crony corporatism. My idea is to reduce or limit government power, then there is nothing for the crony corporatist to influence. You don't spend much time (or money) in a store with nothing on the shelves.

Socialists and statists want to go in the opposite direction... no capitalism and more government power. The problem is, free market capitalism has been the recipe for our economic prosperity.

Yeah, right.
Unfettered capitalism works...for India and China.

Unfettered capitalism does not exist in India nor China.

 

[Toro]

First - deregulate the economy

Next - deregulate the economy

Finally - deregulate the economy

Those three things will create many, many, many job, believe me. It will be HUGE!

The United States ranks - get this - 51st by the World Bank in ease of starting a new business.

Ranking of economies - Doing Business - World Bank Group

We rank behind Kazakhstan, Ivory Coast, Liberia and Kyrgyz Republic.

I don't even know where the fuck Kyrgyz Republic is.

I can't even pronounce it.

But we're losing to them.

That is absolutely ridiculous.

The liberals have been fucking up this economy.

It's time to end it.

Name three regulations you want killed.

Thanks.

The SEC did an audit of a firm I work with.

They told them to change the font on their business cards.

True story.

I'm sorry. But that is but a nice anecdote.

I'm looking for the actual regulations that we are supposed to kill.

That's an example of the utterly ludicrous stuff that goes on with financial regulation such as Dodd-Frank.

Much of the compliance required under Dodd-Frank and other regulations can go, and the risk in the financial system wouldn't rise one iota.

Compliance people account for more than 10% of our workforce, up from maybe 1%-2% from when I first started. And they contribute virtually nothing. They are just check-the-box types, creating the illusion that they are somehow protecting things when most of them barely have a clue.
98% of them could disappear and the economy would get better. It's just been an explosion in useless paperwork.

The CEOs of the firms we own across a variety of industries say the same thing.

 

[LoneLaugher]

First - deregulate the economy

Next - deregulate the economy

Finally - deregulate the economy

Those three things will create many, many, many job, believe me. It will be HUGE!

The United States ranks - get this - 51st by the World Bank in ease of starting a new business.

Ranking of economies - Doing Business - World Bank Group

We rank behind Kazakhstan, Ivory Coast, Liberia and Kyrgyz Republic.

I don't even know where the fuck Kyrgyz Republic is.

I can't even pronounce it.

But we're losing to them.

That is absolutely ridiculous.

The liberals have been fucking up this economy.

It's time to end it.

Name three regulations you want killed.

Thanks.

The SEC did an audit of a firm I work with.

They told them to change the font on their business cards.

True story.

I'm sorry. But that is but a nice anecdote.

I'm looking for the actual regulations that we are supposed to kill.

That's an example of the utterly ludicrous stuff that goes on with financial regulation such as Dodd-Frank.

Much of the compliance required under Dodd-Frank and other regulations can go, and the risk in the financial system wouldn't rise one iota.

Compliance people account for more than 10% of our workforce, up from maybe 1%-2% from when I first started. And they contribute virtually nothing. They are just check-the-box types, creating the illusion that they are somehow protecting things when most of them barely have a clue.
98% of them could disappear and the economy would get better. It's just been an explosion in useless paperwork.

The CEOs of the firms we own across a variety of industries say the same thing.

That is wonderful.

What I'm trying to do here is prompt people who run around saying that regulations are killing the economy to simply identify the specific regulations and support the claim.

I mean, nutbags have pulled the lever for people like Marsh Blackburn and Paul Ryan based on the idea that they want to deregulate. What they have never done is tell us which regulations they are talking about.

I'm certain that there are regulations that can be eliminated or reformed. But....I would want to know the details and hear the evidence that they are detrimental to the COMMON GOOD before they are killed.

 

[Boss]

What I'm trying to do here is prompt people who run around saying that regulations are killing the economy to simply identify the specific regulations and support the claim.

I mean, nutbags have pulled the lever for people like Marsh Blackburn and Paul Ryan based on the idea that they want to deregulate. What they have never done is tell us which regulations they are talking about.

I'm certain that there are regulations that can be eliminated or reformed. But....I would want to know the details and hear the evidence that they are detrimental to the COMMON GOOD before they are killed.

First, we would need to find out how much server space USMB has available in order to accommodate a comprehensive list of the government's regulations. During the past 8 years, Congress has been averaging over 1,200 new regulations per session. They range from what kind of light bulbs we can use, what kind of toilets we must install, how wide doorways have to be, what's required for a business to get a license... all kinds of shit. And virtually ANYTHING can be morphed and twisted into a "Common Good" thing because you've perverted the meaning of "General Welfare" in the Constitution.

 

[Toro]

First - deregulate the economy

Next - deregulate the economy

Finally - deregulate the economy

Those three things will create many, many, many job, believe me. It will be HUGE!

The United States ranks - get this - 51st by the World Bank in ease of starting a new business.

Ranking of economies - Doing Business - World Bank Group

We rank behind Kazakhstan, Ivory Coast, Liberia and Kyrgyz Republic.

I don't even know where the fuck Kyrgyz Republic is.

I can't even pronounce it.

But we're losing to them.

That is absolutely ridiculous.

The liberals have been fucking up this economy.

It's time to end it.

Name three regulations you want killed.

Thanks.

The SEC did an audit of a firm I work with.

They told them to change the font on their business cards.

True story.

I'm sorry. But that is but a nice anecdote.

I'm looking for the actual regulations that we are supposed to kill.

That's an example of the utterly ludicrous stuff that goes on with financial regulation such as Dodd-Frank.

Much of the compliance required under Dodd-Frank and other regulations can go, and the risk in the financial system wouldn't rise one iota.

Compliance people account for more than 10% of our workforce, up from maybe 1%-2% from when I first started. And they contribute virtually nothing. They are just check-the-box types, creating the illusion that they are somehow protecting things when most of them barely have a clue.
98% of them could disappear and the economy would get better. It's just been an explosion in useless paperwork.

The CEOs of the firms we own across a variety of industries say the same thing.

That is wonderful.

What I'm trying to do here is prompt people who run around saying that regulations are killing the economy to simply identify the specific regulations and support the claim.

I mean, nutbags have pulled the lever for people like Marsh Blackburn and Paul Ryan based on the idea that they want to deregulate. What they have never done is tell us which regulations they are talking about.

I'm certain that there are regulations that can be eliminated or reformed. But....I would want to know the details and hear the evidence that they are detrimental to the COMMON GOOD before they are killed.

We talk to a lot of companies, and they all tell us the same thing - the paperwork has exploded. It doesn't seem to matter what industry they are in - they are devoting more time than ever before to unproductive activities.

 

[rdean]

First - deregulate the economy

Next - deregulate the economy

Finally - deregulate the economy

Those three things will create many, many, many job, believe me. It will be HUGE!

The United States ranks - get this - 51st by the World Bank in ease of starting a new business.

Ranking of economies - Doing Business - World Bank Group

We rank behind Kazakhstan, Ivory Coast, Liberia and Kyrgyz Republic.

I don't even know where the fuck Kyrgyz Republic is.

I can't even pronounce it.

But we're losing to them.

That is absolutely ridiculous.

The liberals have been fucking up this economy.

It's time to end it.

According to your link, ease of doing Business in the US is 8th.

Republicans deregulated under Bush and nearly brought down the world economy. That's recent news. You know that, right?

What builds an economy are people with money to spend. Supply and demand. And an educated workforce. Raw materials. And infrastructure.

 

[Boss]

According to your link, ease of doing Business in the US is 8th.

Republicans deregulated under Bush and nearly brought down the world economy. That's recent news. You know that, right?

What builds an economy are people with money to spend. Supply and demand. And an educated workforce. Raw materials. And infrastructure.

We should be FIRST.

No, Republicans deregulated very little under Bush. In fact, for everything you can cite that was deregulated, I can cite something that was either newly regulated or regulated more. And in the past 8 years, virtually every industry has been regulated.

Lots of things build an economy and if it were simple, every administration would do it and every politician would support it. We have sufficient education, raw materials and infrastructure. What we don't have is a free market capitalist-friendly administration... that's about to change. We're going to roll back all this anti-capitalist socialistic bullshit and regulation, and allow free enterprise to thrive again.

You can whine and moan about it but frankly, you don't have the political power to stop it from happening.

 

[NightFox]

First - deregulate the economy

Next - deregulate the economy

Finally - deregulate the economy

Those three things will create many, many, many job, believe me. It will be HUGE!

The United States ranks - get this - 51st by the World Bank in ease of starting a new business.

Ranking of economies - Doing Business - World Bank Group

We rank behind Kazakhstan, Ivory Coast, Liberia and Kyrgyz Republic.

I don't even know where the fuck Kyrgyz Republic is.

I can't even pronounce it.

But we're losing to them.

That is absolutely ridiculous.

The liberals have been fucking up this economy.

It's time to end it.

Totally agree on deregulation our federal regulatory regime is just fucking insane.

One correction though....

Finally -- Lower the Corporate Income Tax rate to ZERO coupled with a 15% reduction in spending.

Corporate income taxes only account for roughly 11% of federal revenues anyways and a 15% spending reduction (very doable) puts this in deficit reduction territory.

Eliminating this pass through tax benefits employees (higher wages), shareholders (greater returns) and consumers (lower prices), it also reduces accounting, filing and enforcement costs and eliminates one of the most egregious vehicles for corporate cronyism at the federal level. It also greatly improves domestic competitiveness and makes the U.S. far more attractive for investment.

"Just do it" -- Nike Commercial

 

[LoneLaugher]

Name three regulations you want killed.

Thanks.

The SEC did an audit of a firm I work with.

They told them to change the font on their business cards.

True story.

I'm sorry. But that is but a nice anecdote.

I'm looking for the actual regulations that we are supposed to kill.

That's an example of the utterly ludicrous stuff that goes on with financial regulation such as Dodd-Frank.

Much of the compliance required under Dodd-Frank and other regulations can go, and the risk in the financial system wouldn't rise one iota.

Compliance people account for more than 10% of our workforce, up from maybe 1%-2% from when I first started. And they contribute virtually nothing. They are just check-the-box types, creating the illusion that they are somehow protecting things when most of them barely have a clue.
98% of them could disappear and the economy would get better. It's just been an explosion in useless paperwork.

The CEOs of the firms we own across a variety of industries say the same thing.

That is wonderful.

What I'm trying to do here is prompt people who run around saying that regulations are killing the economy to simply identify the specific regulations and support the claim.

I mean, nutbags have pulled the lever for people like Marsh Blackburn and Paul Ryan based on the idea that they want to deregulate. What they have never done is tell us which regulations they are talking about.

I'm certain that there are regulations that can be eliminated or reformed. But....I would want to know the details and hear the evidence that they are detrimental to the COMMON GOOD before they are killed.

We talk to a lot of companies, and they all tell us the same thing - the paperwork has exploded. It doesn't seem to matter what industry they are in - they are devoting more time than ever before to unproductive activities.

Can I get some examples of the regulations? When they were instituted. Thanks.

 

[LoneLaugher]

What I'm trying to do here is prompt people who run around saying that regulations are killing the economy to simply identify the specific regulations and support the claim.

I mean, nutbags have pulled the lever for people like Marsh Blackburn and Paul Ryan based on the idea that they want to deregulate. What they have never done is tell us which regulations they are talking about.

I'm certain that there are regulations that can be eliminated or reformed. But....I would want to know the details and hear the evidence that they are detrimental to the COMMON GOOD before they are killed.

First, we would need to find out how much server space USMB has available in order to accommodate a comprehensive list of the government's regulations. During the past 8 years, Congress has been averaging over 1,200 new regulations per session. They range from what kind of light bulbs we can use, what kind of toilets we must install, how wide doorways have to be, what's required for a business to get a license... all kinds of shit. And virtually ANYTHING can be morphed and twisted into a "Common Good" thing because you've perverted the meaning of "General Welfare" in the Constitution.

Good. Identify the ones that are killing the economy. Thanks.

 

[teapartysamurai]

First - deregulate the economy

Next - deregulate the economy

Finally - deregulate the economy

Those three things will create many, many, many job, believe me. It will be HUGE!

The United States ranks - get this - 51st by the World Bank in ease of starting a new business.

Ranking of economies - Doing Business - World Bank Group

We rank behind Kazakhstan, Ivory Coast, Liberia and Kyrgyz Republic.

I don't even know where the fuck Kyrgyz Republic is.

I can't even pronounce it.

But we're losing to them.

That is absolutely ridiculous.

The liberals have been fucking up this economy.

It's time to end it.

That's interesting coming from someone who voted Obama. Who never would have done something like this.

 

[william the wie]

First - deregulate the economy

Next - deregulate the economy

Finally - deregulate the economy

Those three things will create many, many, many job, believe me. It will be HUGE!

The United States ranks - get this - 51st by the World Bank in ease of starting a new business.

Ranking of economies - Doing Business - World Bank Group

We rank behind Kazakhstan, Ivory Coast, Liberia and Kyrgyz Republic.

I don't even know where the fuck Kyrgyz Republic is.

I can't even pronounce it.

But we're losing to them.

That is absolutely ridiculous.

The liberals have been fucking up this economy.

It's time to end it.

That's interesting coming from someone who voted Obama. Who never would have done something like this.

First - deregulate the economy

Next - deregulate the economy

Finally - deregulate the economy

Those three things will create many, many, many job, believe me. It will be HUGE!

The United States ranks - get this - 51st by the World Bank in ease of starting a new business.

Ranking of economies - Doing Business - World Bank Group

We rank behind Kazakhstan, Ivory Coast, Liberia and Kyrgyz Republic.

I don't even know where the fuck Kyrgyz Republic is.

I can't even pronounce it.

But we're losing to them.

That is absolutely ridiculous.

The liberals have been fucking up this economy.

It's time to end it.

That's interesting coming from someone who voted Obama. Who never would have done something like this.

Canadian citizens cannot legally vote in US elections.

 

[Toro]

First - deregulate the economy

Next - deregulate the economy

Finally - deregulate the economy

Those three things will create many, many, many job, believe me. It will be HUGE!

The United States ranks - get this - 51st by the World Bank in ease of starting a new business.

Ranking of economies - Doing Business - World Bank Group

We rank behind Kazakhstan, Ivory Coast, Liberia and Kyrgyz Republic.

I don't even know where the fuck Kyrgyz Republic is.

I can't even pronounce it.

But we're losing to them.

That is absolutely ridiculous.

The liberals have been fucking up this economy.

It's time to end it.

According to your link, ease of doing Business in the US is 8th.

Republicans deregulated under Bush and nearly brought down the world economy. That's recent news. You know that, right?

What builds an economy are people with money to spend. Supply and demand. And an educated workforce. Raw materials. And infrastructure.

What does the global financial crisis have to do with Democrats making it so hard to start a business?

The United States was ranked 4th in 2008. Now we are 51st.

 

[Toro]

First - deregulate the economy

Next - deregulate the economy

Finally - deregulate the economy

Those three things will create many, many, many job, believe me. It will be HUGE!

The United States ranks - get this - 51st by the World Bank in ease of starting a new business.

Ranking of economies - Doing Business - World Bank Group

We rank behind Kazakhstan, Ivory Coast, Liberia and Kyrgyz Republic.

I don't even know where the fuck Kyrgyz Republic is.

I can't even pronounce it.

But we're losing to them.

That is absolutely ridiculous.

The liberals have been fucking up this economy.

It's time to end it.

That's interesting coming from someone who voted Obama. Who never would have done something like this.

First - deregulate the economy

Next - deregulate the economy

Finally - deregulate the economy

Those three things will create many, many, many job, believe me. It will be HUGE!

The United States ranks - get this - 51st by the World Bank in ease of starting a new business.

Ranking of economies - Doing Business - World Bank Group

We rank behind Kazakhstan, Ivory Coast, Liberia and Kyrgyz Republic.

I don't even know where the fuck Kyrgyz Republic is.

I can't even pronounce it.

But we're losing to them.

That is absolutely ridiculous.

The liberals have been fucking up this economy.

It's time to end it.

That's interesting coming from someone who voted Obama. Who never would have done something like this.

Canadian citizens cannot legally vote in US elections.

Dual citizens can legally vote in US elections.

And I voted for Romney in 2012.

Not that it has anything to do with deregulating the economy.

 

[Toro]

The SEC did an audit of a firm I work with.

They told them to change the font on their business cards.

True story.

I'm sorry. But that is but a nice anecdote.

I'm looking for the actual regulations that we are supposed to kill.

That's an example of the utterly ludicrous stuff that goes on with financial regulation such as Dodd-Frank.

Much of the compliance required under Dodd-Frank and other regulations can go, and the risk in the financial system wouldn't rise one iota.

Compliance people account for more than 10% of our workforce, up from maybe 1%-2% from when I first started. And they contribute virtually nothing. They are just check-the-box types, creating the illusion that they are somehow protecting things when most of them barely have a clue.
98% of them could disappear and the economy would get better. It's just been an explosion in useless paperwork.

The CEOs of the firms we own across a variety of industries say the same thing.

That is wonderful.

What I'm trying to do here is prompt people who run around saying that regulations are killing the economy to simply identify the specific regulations and support the claim.

I mean, nutbags have pulled the lever for people like Marsh Blackburn and Paul Ryan based on the idea that they want to deregulate. What they have never done is tell us which regulations they are talking about.

I'm certain that there are regulations that can be eliminated or reformed. But....I would want to know the details and hear the evidence that they are detrimental to the COMMON GOOD before they are killed.

We talk to a lot of companies, and they all tell us the same thing - the paperwork has exploded. It doesn't seem to matter what industry they are in - they are devoting more time than ever before to unproductive activities.

Can I get some examples of the regulations? When they were instituted. Thanks.

It depends on the industry. Most of them complain about Obamacare. Some of them complain about environmental. Many complain about the DoL.

We don't have long conversations about which subsections of the legal code annoy them the most. They mostly tell us that they are spending more time than ever before on paperwork complying with new regulations. We didn't hear that a decade ago.