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No you’re not paranoid, the SEC is out to get you

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Mr_Jefferson_24 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-11-07 10:29 PM
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No you’re not paranoid, the SEC is out to get you
By Melinda Pillsbury-Foster
Online Journal Guest Writer

http://onlinejournal.com/artman/publish/article_2180.shtml

---SNIP---

If you think that the Securities and Exchange Commission extrudes those volumes of regulations to protect you the consumer, then I have a bridge to sell you; Quite the opposite. Those regulations that the SEC mandates actually make it nearly impossible for you to dream the big American dream. The chances of the ordinary investor getting a chance to invest in that little startup that will become the next Microsoft, IBM or CISCO Systems are slim to impossible, especially if the SEC has anything to do with it!

Don’t feel alone, however; smaller companies are also being converted into cash through the machinations of the SEC’s familiars.

That is why your chances of living out a comfortable retirement, or having the luxuries you see enjoyed by others, or participating in the wealth reserved for the elite few; those "qualified" to invest in a Hedge Fund are null.

The SEC wants you exactly where you are: a working "John" who makes a day’s wages for two days’ work, worrying about whether your 401K will be enough, and whether the corporation you spent your life working for will go through down-sizing, or worse, "bankruptcy," and thus default on your retirement benefits...

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R_M Donating Member (425 posts) Send PM | Profile | Ignore Wed Jul-11-07 10:31 PM
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