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HUMANITY DOOMSDAY CLOCK - Moves forward to 2125 due to election of US President trump.

Estimate of the time that Humanity will go extinct or civilization will collapse. The HUMANITY DOOMSDAY CLOCK moves forward to 2125 due to US President trump's abandonment of climate change goals. Apologies to Bulletin of the Atomic Scientists for using the name.

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Tuesday, September 23, 2008

Bailout Prevention: Derivative Disclosure

Here's my idea to prevent a recurrence of the present debacle:

Broaden the definition of a 'security' to include all financial instruments sold in any market and require that each be subject to full disclosure laws just like stocks and bonds.

Apparently, the salesmen selling the junk could not even understand it - no wonder we have a disaster.

If you use the idea, the price is $1.00

For more, read Pat Buchanan here: http://www.humanevents.com/article.php?id=28670

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