Post by jo on Nov 20, 2013 6:38:43 GMT -6
This rule may be the hinge that swings the door open to releasing our funds, that is the belief and it makes good sense. Hope you will all take a moment to read and send those letters out. We will also be adding contacts for the other 4 agencies responsible for getting this passed, THIS YEAR. This could be a critical piece in our efforts to see closure. Thanks! Jo
From Noah's Board:
noahltl1.proboards.com/thread/4168/action-asap-volcker-rule-boards
This is an immediate and worthwhile action imo, that we can all take a few minutes to participate in. If you can pass this to other boards and enough people make noise, I believe it could be a huge plus in bringing about the changes we need to see to get our markets ready for change and the atmosphere right for payout. This is the kind of shareholder effort that I believe Al would support, but that is just my opinion.
From Noah's Board: noahltl1.proboards.com/thread/4168/action-asap-volcker-rule-boards
From a previously posted article:
dealbook.nytimes.com/2013/11/17/pressure-builds-to-finish-volcker-rule-on-wall-st-oversight/?_r=0
"“Regulators like to be perceived as a monolith, but they each look at markets differently,” Mr. Lamson said.
Kara M. Stein, a Democratic commissioner at the S.E.C. who favors a strict Volcker Rule, recently submitted a four-page list of requested changes to a current draft of the rule, according to the officials briefed on the negotiations who were not authorized to speak publicly. Ms. Stein could hold the swing vote in the five-member commission, with the two Republican commissioners unlikely to support it."
(these Republicans are hypocrites!)
Kara Stein:
www.sec.gov/News/PressRelease/Detail/PressRelease/1370539763539
I just called her office in DC and spoke to the secretary there and passed along a huge High Five to Commissioner Stein and the message will be sent to her today that some 40,000 defrauded shareholders are watching and standing behind her efforts to pass this rule through NOW. I also mentioned that we have a presence on the internet and are watching this very closely and she was extremely grateful to hear that. She said the best way to support would be to send written letters to the following address, immediately:
Commissioner Kara Stein
Securities & Exchange Commission
100 F Street NE
Washington D.C. 20549
I do not have a direct phone line, but I got her office through this phone # and hit the prompts for her last name and got her secretary.
202-942-8088 and hit prompts for last name search: Stein
You can do that if you feel you need to but a letter packs a greater punch I believe.
--------------------------------------------------------------------------------------
By Duc N Altum, via MB:
I like and appreciate Lew and others like Gensler and Obama wanting this rule to be completed by this years end. But we all know how things get passed by with more time passing based upon the bad folks taking the selfish time to keep their power and profits in their corner only.
And we all should know the true power of the Volcker Rule and how Gensler and may others have said that the Volcker Rule is ONE OF THE MOST POWERFUL REGULATIONS FOR THE GOOD OF US AND NOT THE MANIPULATORS, AND IT IS VERY IMPORTANT THAT IT HAS TO GO THROUGH AS SOON AS POSSIBLE.
If this gets delayed, I believe WE GET DELAYED! Why? Folks keep in mind how or what the Volcker Rule will protect. IF OUR CMKM MONEY WERE TO BE RELEASED RIGHT NOW, THE $4 OR $5 TRILLION TRUST MONEY.... AND IF THERE WERE NO VOLCKER RULE IN PLACE..... THAT WOULD MEAN THAT THE BANKS COULD USE OUR MONEY THAT MOST MIGHT HAVE IN BANK ACCOUNTS, TO WHERE IF THESE BANKS WERE TO MAKE BAD DERIVATIVE BETS..... THEY WOULD HAVE THE RIGHT TO DIP INTO OUR MONEY AND USE IT TO PAY OR SUPPORT THEIR LOSS IN THEIR BAD DERIVATIVE BET MADE.
What is this like? This is like you getting access to a rich person's bank account and you going to the casino with using their money and if you lose, it is no loss to you because this as not your money that you lost. It is the person's account you had access to and the money of theirs that you were betting with.
Now keep in mind how really huge derivatives really are. Derivatives are so big that ONE BAD BET CAN TAKE DOWN A WHO COUNTRY. Example? Greece! Way back it showed the whole bunch of avenues that were played and the end result was the reason for the fall of Greece was 1 BAD HUGE DERIVATIVE BET. So basically a derivative is almost like a massive weapon that can be far more larger than a war weapon, to where it can take out a whole country's financial system and it's own people can destroy the rest, as the citizens of Greece were looting and destroying malls and all other things when this happened to Greece.
So with something as big as derivatives are and can be, if one of the banks or many of them share a bad bet, if they wanted to, they could use what ever money in all of our accounts to save them and leave us dry and empty. WHY? Well there is nothing like a Volcker rule in play right now, so basically the banks have nothing telling them that they can not do this.
So if the Maheu Team wanted to release our money, but realized that this HUGE regulation called the Volcker Rule was not in play yet, and could be something used to take away from what was said that the Team collected for us....The collected naked short..... then why would the Team allow all to go in vain if this VOLKER RULE NOT BEING IN PLAY COULD VERY WELL PUT ALL OF OUR MONEY IN VAIN IF IT WERE RELEASED RIGHT NOW WITHOUT THE VOLCKER RULE NOT BEING FINALIZED?
Folks if there were one movement to really jump on with calls, letters, faqs, or whatever, this is it. If these regulators and all knew there were so many watching this particular event, there might be a better possibility of pressure for this to get done than not. Anyway, very important here, I hope people see thee importance of connection here. All in my belief and opinion.
millionaires.proboards.com/post/712668
From Noah's Board:
noahltl1.proboards.com/thread/4168/action-asap-volcker-rule-boards
This is an immediate and worthwhile action imo, that we can all take a few minutes to participate in. If you can pass this to other boards and enough people make noise, I believe it could be a huge plus in bringing about the changes we need to see to get our markets ready for change and the atmosphere right for payout. This is the kind of shareholder effort that I believe Al would support, but that is just my opinion.
From Noah's Board: noahltl1.proboards.com/thread/4168/action-asap-volcker-rule-boards
From a previously posted article:
dealbook.nytimes.com/2013/11/17/pressure-builds-to-finish-volcker-rule-on-wall-st-oversight/?_r=0
"“Regulators like to be perceived as a monolith, but they each look at markets differently,” Mr. Lamson said.
Kara M. Stein, a Democratic commissioner at the S.E.C. who favors a strict Volcker Rule, recently submitted a four-page list of requested changes to a current draft of the rule, according to the officials briefed on the negotiations who were not authorized to speak publicly. Ms. Stein could hold the swing vote in the five-member commission, with the two Republican commissioners unlikely to support it."
(these Republicans are hypocrites!)
Kara Stein:
www.sec.gov/News/PressRelease/Detail/PressRelease/1370539763539
I just called her office in DC and spoke to the secretary there and passed along a huge High Five to Commissioner Stein and the message will be sent to her today that some 40,000 defrauded shareholders are watching and standing behind her efforts to pass this rule through NOW. I also mentioned that we have a presence on the internet and are watching this very closely and she was extremely grateful to hear that. She said the best way to support would be to send written letters to the following address, immediately:
Commissioner Kara Stein
Securities & Exchange Commission
100 F Street NE
Washington D.C. 20549
I do not have a direct phone line, but I got her office through this phone # and hit the prompts for her last name and got her secretary.
202-942-8088 and hit prompts for last name search: Stein
You can do that if you feel you need to but a letter packs a greater punch I believe.
--------------------------------------------------------------------------------------
By Duc N Altum, via MB:
I like and appreciate Lew and others like Gensler and Obama wanting this rule to be completed by this years end. But we all know how things get passed by with more time passing based upon the bad folks taking the selfish time to keep their power and profits in their corner only.
And we all should know the true power of the Volcker Rule and how Gensler and may others have said that the Volcker Rule is ONE OF THE MOST POWERFUL REGULATIONS FOR THE GOOD OF US AND NOT THE MANIPULATORS, AND IT IS VERY IMPORTANT THAT IT HAS TO GO THROUGH AS SOON AS POSSIBLE.
If this gets delayed, I believe WE GET DELAYED! Why? Folks keep in mind how or what the Volcker Rule will protect. IF OUR CMKM MONEY WERE TO BE RELEASED RIGHT NOW, THE $4 OR $5 TRILLION TRUST MONEY.... AND IF THERE WERE NO VOLCKER RULE IN PLACE..... THAT WOULD MEAN THAT THE BANKS COULD USE OUR MONEY THAT MOST MIGHT HAVE IN BANK ACCOUNTS, TO WHERE IF THESE BANKS WERE TO MAKE BAD DERIVATIVE BETS..... THEY WOULD HAVE THE RIGHT TO DIP INTO OUR MONEY AND USE IT TO PAY OR SUPPORT THEIR LOSS IN THEIR BAD DERIVATIVE BET MADE.
What is this like? This is like you getting access to a rich person's bank account and you going to the casino with using their money and if you lose, it is no loss to you because this as not your money that you lost. It is the person's account you had access to and the money of theirs that you were betting with.
Now keep in mind how really huge derivatives really are. Derivatives are so big that ONE BAD BET CAN TAKE DOWN A WHO COUNTRY. Example? Greece! Way back it showed the whole bunch of avenues that were played and the end result was the reason for the fall of Greece was 1 BAD HUGE DERIVATIVE BET. So basically a derivative is almost like a massive weapon that can be far more larger than a war weapon, to where it can take out a whole country's financial system and it's own people can destroy the rest, as the citizens of Greece were looting and destroying malls and all other things when this happened to Greece.
So with something as big as derivatives are and can be, if one of the banks or many of them share a bad bet, if they wanted to, they could use what ever money in all of our accounts to save them and leave us dry and empty. WHY? Well there is nothing like a Volcker rule in play right now, so basically the banks have nothing telling them that they can not do this.
So if the Maheu Team wanted to release our money, but realized that this HUGE regulation called the Volcker Rule was not in play yet, and could be something used to take away from what was said that the Team collected for us....The collected naked short..... then why would the Team allow all to go in vain if this VOLKER RULE NOT BEING IN PLAY COULD VERY WELL PUT ALL OF OUR MONEY IN VAIN IF IT WERE RELEASED RIGHT NOW WITHOUT THE VOLCKER RULE NOT BEING FINALIZED?
Folks if there were one movement to really jump on with calls, letters, faqs, or whatever, this is it. If these regulators and all knew there were so many watching this particular event, there might be a better possibility of pressure for this to get done than not. Anyway, very important here, I hope people see thee importance of connection here. All in my belief and opinion.
millionaires.proboards.com/post/712668