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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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Sunday, March 11, 2012

UPDATE - Mary Schapiro Says 'Fix it.' HR3606

Barry, My Liege:

Securities and Exchange Commission Chairwoman Mary Schapiro has urged Senate leaders to "improve investor protections"in HR3606.

Holy Cow. What do y'all need anyways.

Gimme me some pepper spray and a flight to DC.

Y'all been suckered, hoodwinked and made fools.

Them bankers are at it again.

Y'all bout to pass a bill which will open up the pigpen and let the bankers run wild.

Gotta stop it.

It's gotta be deep sixed - soon, like tomorrow, Monday March 12, 2012.

'Under the guise of creating jobs, the House bill [HR3606] would make it easier for companies to raise money from the public without fulfilling some - or in certain cases virtually all - of the obligations designed to protect investors in public companies. However, there is no requirement or guarantee that companies would use any of the money to hire a single person.

...Columbia Law School Professor John Coffee has nicknamed the bill's crowd-funding provision, which would let private companies raise money from mom-and-pop investors over the Internet, the "boiler room legalization act."'

That's from Kathleen Pender; here's the link: http://www.sfgate.com/columns/networth/

My Liege, we have to do better than this.

Your faithful servant,

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