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Bon_Croix
Guest
The prudent man rule is only applicable when managing others’ or another’s assets.
Wow, whom here has suggested Obama was responsible for the 2009 recession?The easy money that brought about the 2009 crisis was the result of banking special interests getting what they wanted. Congress gave it to them; not Obama.
You didn’t actually respond to what I said, are you deflecting?How do you use the term “regulation”?
Being that “Congress has the power to regulate currency” via the U.S. Constitution.
Yet, regulations, today, are often consequence of Congress deferring regulation to the executive branch.
Are you expressing confusion about how the US implements regulations?You used the term “regulation”. I’m just trying to get to the root of what you are saying.
I appear to believe what exactly???You appear to believe so.
The U.S. implements regs two ways… Congress creates them by law or Congress defers its reg creation power to the executive branch via law.