Exactly. Well said.
just to add.... You're wrong that institutions like mutual funds don't care about a tax. A tax is just a cost and they care about all costs -...
Yes, it would be nice for the exchanges (and, yes, I do realize that Merrill and Goldman pretty much own the NYSE because they can threaten to...
I nominate this for "best comment on the thread" award. Truly hit the nail on the head.
Although, Anaconda, I can't see the exchanges getting behind the tax. They depend solely on volume and this would kill volume.
Exactly. Regulation and taxation has nothing at all to do with the stated intentions for the regulation and taxation. It has everything to do...
You're a trader, right? 9,000 hedge funds thousands more investment and trading partnerships Tens or hundreds of thousands more managed...
</i> Close tag. Sorry
I understand Galbraith very well and slot him where he belongs - as does the field of economics. But Galbraith is not the issue. The issue is...
Renaissance does not have steady profits. Don't confuse Medallion's positive returns with steadiness. You can have positive but very lumpy...
Thunder, I was an economics major. Thus, I happen to be very familiar with Galbraith and because most of Roosevelt's advisers and cabinet members...
Thank you. I don't have strong views - mostly because I haven't thought about it much. However, it seems that any restrictions will be...
That's the claim of every person who proposes socialist ideas. However, stating that this is what will happen doesn't make it so. So far, the...
I'm an immigrant from the Soviet Union and I understand Rand's visceral reaction to communism that people who have never lived under its boot...
I'm all for it - except my sign would read "do not remove rock on pain of death". BTW, I'm no fan of Mary or Sharon (or Sheila Bair). I just...
with all this talk of mixed economy and such, I thought I'd quote this post from "The Law Professor Blog". The current economic crisis has the...
What the Fed members saw was the specter of getting fired if they didn't seem like they were "doing something".
I can't tell if you're just kidding around with me or you're really stupid. I'm giving you the benefit of the doubt for now, but it's hard to...
I stand corrected. It was a little lower but still incredibly high - by all measures. And the first depression in which government significantly...
Yep, awesome. It contributed heavily to inflating RE prices because money was so cheap, why wouldn't you lever your single largest and most...
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