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>> i do. i'd make two points. first of all, a lot of platforms will have to change because they will want to compile with the european law. so they are introducing a lot of tools anyway. the european laws i do think are probably overly cumbersome but we don't have any frame work. there are simple things we could do. for example, when you download an application, you're basically consenting to have your data used and a lot of people didn't know they were consenting to that. we could have more affirmative consent. the second thing to realize here is this is about $100 million probably of data, i...

How much should we talk about the market? >> every single day. we don't talk about it. >> we talk about the market. >> i would love for him to come on and discuss it. >> quite possible that the dow will reach 22,000 today. this market has been going up and it is indicative of the fact that the market is continuing its climb. it is ignoring the world of chaos in politics. >> bear in mind on the regulation front, big idea that president trump was going to deregulate, even if he doesn't get to deregulation, there isn't fear of more regulation. >> why the financial stocks are doing well and banks ...

>> in just last ninth days the federal government has posted 6471 newly proposed regulatory actions. three years ago, president obama issued an executive order that was supposed to scale back the scope of federal regulations, so how is it played out? according to a report from the american action forum, final rules resulting from that executive order have actually added a net $10.2 billion in regulatory costs. and 1.5 billion hours worth of paperwork. the forum study has been numerous cuts but that they are far outpaced by regulatory measures. also on the regulation front this week. a group of...

>> it's a website. they are just coming online yno. >> the interesting thing is we pay good money out of our taxes to our politicians to represent our interests in this country to do things like making sure that business doesn't -- business creates value for customers. they are going to do that. this clearly is not creating value for customers, but it's making somebody money. where is the federal and state government when it comes to regulating and/or creating more transparency for fine print? >> there's been a lot of progress on the regulation front, but what the companies do, they turn it ar...

Making money at the casino is a lot easier, a lot more exciting, a lot more lucrative, especially if you have no downside and can play at the highest priced table in town. that's a lot easier to make money than to find the right lemonade stand to invest your money to. until we reverse the inventives for what will be done with capital in the country away from speculation exporting and hoarding and back towards lending and investing, we will all be stuck with not only a sour jobs outlook, but ones that will continue to work. how do you change the incenti s incentives? >> first the federal reserv...