What is 1,400 pages long (about 200 pages longer than the Bible) and is not any form of encyclopedia or foreign language manual?
It’s the Senate’s “multiprolonged overhaul of financial regulations.” 1,400 pages! Seriously!?
MSNBC reported a story today that addresses the shaky (which is an understatement) future of the Wall Street reform. The article goes on to say that “in an effort to reach consensus, some of the contentious issues have been left for regulators to sort out – if and when the bill becomes law.” Well, hopefully at this point, most of America has learned something about investing in Wall Street. To, uh, not do it.
Not only is the stock market unstable, a lot of the people who run Wall Street are even more unstable and not to mention power hungry and ridiculously overpaid. Like waaay overpaid. But, no matter.The government can hash out 2,000 manuscripts at 5,243 pages each for all we care.
While some people sit around and wait for the Senate and Congress and Obama to sort out the mess of Wall Street, we REIC-ers will continue to build our real estate portfolios. We aren’t just talking the talk and creating documents with too many big words and rules, we are actually doing real estate and building our futures.
