assumptions we have don t hold they don t spend. we need more consumer spending. we really have to be careful about this irrational exuberance. middle class wealth is caught up in housing. i feel like sometimes what s good for the economy, for you to go out and spend. if i hired you to be my wealth adviser, you would not sago out and spend. you would tell me save, put this away, put this to the side, right? i tell you buy back at a discount and sock all this money away into well diversified portfolio. we don t know what is going to burst. we don t know what bubble is going to go. interest rates are going to rise. we have a global, high frequency trading that we can t predict as regular americans. you have to make sure you have a plan in place. i don t think that a lot of thing that is help many americans are going to be there for long. this is something you have to be
deals, it was too many loans going against not enough value in the real estate arena. so if they could just attack ta area. would you support reforming the rule that allows lending and investment to be housed in the same company under the same group? again, i think if you limit the amount of leverage, then the lending and investing in the same area wouldn t cause the problems that it s caused in the past. i think if you re not going to limit the leverage, then you should, in fact, separate them. because you don t want those that are responsible for lending money to small businesses and providing the seed capital for jobs to be in trouble because of some arcane investment that they made that they didn t understand. okay. so what in the legislation as it stands now, the one that democrats are trying to push forward, at least to debate, what do you like in there that would help you as a wealth adviser? you re the guy responsible for helping people make wise investments. what do yo