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I can't disagree with that. We should also be able to trade CFDs and bet on anything we want and buy beer in MA before 10:00 on Sunday damn it!

Sadly @sle left the forum in January, a significant loss imho.

How exactly is AWS exposed to privacy and data protection laws? I host on AWS. My company is subject to privacy laws, such that there are and "data protection laws", of which there really aren't any for my business. Not Amazon. If you're in Europe, perhaps a different story, but in the U.S. the...

Since you're not reading it's hard to have a meaningful discussion. I never in any way claimed Amazon wasn't a tech firm, I claimed non-tech people seem to think tech firms like Amazon can wave a magic wand and replicate their success in any sector doing anything. Amazon is indisputably a tech...

Uber went into a highly regulated world with a bunch of outdated regulations on common carriage. They essentially broke the rules most places they went, not getting the right licenses from the right utilities commissions to comply with the laws that they would have to comply with if they were a...

What exactly did I post that was illogical? Your insistence that everyone has some kind of inalienable right to margin seems unsupported. Not necessarily unsupportable necessarily, just unsupported by you at this point and it's a crucial requirement without which you're just an old man yelling...

I agree with you on the ridiculous state of funds transfers. I always think it's funny in a movie when the thief drains a bank account and the money instantaneously fills up his Swiss bank account, more like wait a few hours or days, call a couple times, get called a couple times, and then you...

Not sure you read to the end of the post, the part where I said "I'm a big fan of Amazon"? Would love to see the regulation around cloud storage? Any laws you can cite? Seriously, that's got to be one of the least regulated industries out there, mostly because regulation hasn't caught up to it...

Listen, as @maverick told you there's no restriction on day-trading at any account level, just not in a margin account. If you can't put together a cohesive explanation as to why anyone is entitled to margin day-trading, then you've got no case. It's clear from your rant that you are doing just...

I come from silicon valley, I'm an entrepreneur, I've started a fintech company. And it's a bit of a pet peeve of mine to see those outside the tech world think that somehow tech can wave a magic wand and turn a highly regulated industry with powerful incumbents into a magical leprechaun forests...

While you're tilting at windmills, why allow a portfolio margin account minimum as @maverick points out? The accredit investor concept is also unconscionable under your logic, so that also has to go. All hedge funds and private equity funds must accept any customer as an LP regardless of how...

If you want analysis that has some basis in fact, i.e. not ZH, you pretty much have to pay for it. I haven't found a free equivalent to what you can get from one of Barrons, FT, WSJ, IBD, although if such a unicorn exists I'd love to hear about it.

How does Amazon entering change anything about the regulatory framework? Amazon isn't particularly known for knocking down regulation or competing in highly regulated industries, that would be an Uber type company.

Obviously we're all against waste and unnecessary spending. But I have to push back on the idea that private investment can automatically do things "better" than government. Private sector investment is interstates? Not gonna be best for the country. Private sector running courts? Running the...

Somalia's exactly the best example because they have no taxes...and hence no central government. The tax supported central government is precisely what makes the U.S. the U.S. and lack thereof is what makes Somalia Somalia. And the taxpayer funded central government is what makes the U.S. rule...

Really? Amazon would be equally successful in Somalia as in the U.S.? Jeff Bezos would be equally wealthy if he'd started his business in Somalia, without the taxpayer funded benefits of the U.S.? It's just patently idiotic to claim that Amazon uses less public infrastructure, benefits less from...

And also ignores that most of us with wealth only got it because of the infrastructure, rule of law, public safety...in our country all paid for by taxes. So the more you have the more you relied on taxpayer funded stuff to get that wealth, so even if you insist on "fair" above all it's "fair"...

This is a surreal thread!

I was wondering which disgraced former poster it was as well. Sure cops an attitude for someone who's contributed jack shit to the community, or anything for that matter. He's on ignore, not worth the point on my blood pressure as he's unlikely to ever produce any ideas of value even by mistake.

You are in legal la la land my friend. The Federal Trade Commission Act deals primarily with deceptive advertising. It absolutely does not prohibit a credit card company from restricting what can be purchased by their cards! Once again, try to fund your brokerage account with a credit card. Oh...