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Old 06-18-2009, 06:39 AM
 
Location: Raleigh, NC
9,059 posts, read 12,975,389 times
Reputation: 1401

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@5:20

Brilliant philosophical dialogue by Dr. Brook on how the world prospers as a whole when everyone is allowed to pursue their own self-interest any why it is impossible for the government to be charitable.


YouTube - Part 2: 6/17/09 Freedom Watch 19 w/ Ron Paul, Peter Schiff, Tom Woods, Lew Rockwell, more

Also in the video, Peter Schiff alleges that he is not permitted to hire any more people without being fined by a regulatory agency. What a country we live in!

Another great Freedom Watch episode

Sorry, no neo-con material for the Obamatrons to point out
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Old 06-18-2009, 07:03 AM
 
1,653 posts, read 1,171,166 times
Reputation: 442
Quote:
Originally Posted by ViewFromThePeak View Post
@5:20

Brilliant philosophical dialogue by Dr. Brook on how the world prospers as a whole when everyone is allowed to pursue their own self-interest any why it is impossible for the government to be charitable.


YouTube - Part 2: 6/17/09 Freedom Watch 19 w/ Ron Paul, Peter Schiff, Tom Woods, Lew Rockwell, more

Also in the video, Peter Schiff alleges that he is not permitted to hire any more people without being fined by a regulatory agency. What a country we live in!

Another great Freedom Watch episode

Sorry, no neo-con material for the Obamatrons to point out
Did Schiff just say that Finra is government?
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Old 06-18-2009, 07:08 AM
 
Location: Raleigh, NC
9,059 posts, read 12,975,389 times
Reputation: 1401
Quote:
Originally Posted by jimw144 View Post
Did Schiff just say that Finra is government?
It's a securities regulator. Any entity that regulates an industry can be characterized as government, no? Even if the employees are hired by private industry. If it's true you're not allowed to hire more people, how do you think FINRA would go about punishing those who disobey this regulation? They'd use big daddy government to enforce such a regulation.
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Old 06-18-2009, 07:40 AM
 
1,653 posts, read 1,171,166 times
Reputation: 442
Quote:
Originally Posted by ViewFromThePeak View Post
It's a securities regulator. Any entity that regulates an industry can be characterized as government, no? Even if the employees are hired by private industry. If it's true you're not allowed to hire more people, how do you think FINRA would go about punishing those who disobey this regulation? They'd use big daddy government to enforce such a regulation.
No it's the finanical industries self regulatory arm. They can only fine there own members no government involvement at all. The rules written by this group are written by the members themselves. In other words the rule that Schiff is whining about he helped write.
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Old 06-18-2009, 07:47 AM
 
Location: Raleigh, NC
9,059 posts, read 12,975,389 times
Reputation: 1401
Quote:
Originally Posted by jimw144 View Post
No it's the finanical industries self regulatory arm. They can only fine there own members no government involvement at all. The rules written by this group are written by the members themselves. In other words the rule that Schiff is whining about he helped write.
I may be wrong, but from what I heard you cannot BY LAW serve as a financial advisor without taking FINRA exams. Thus, there is government regulation compelling you to become a member of FINRA to operate in this capacity.

Again, let me know if I missed something here. I'm not an expert in this matter.
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