That (insert your own noun here) from the AFL CIO has no clue what a spread is, or what liquidity even means. Nor do a lot of people who are for this. That is where people need to be educated before they support some piece of shit like this.
FB, The problem is CNBC influences financial discussion in the broader NBC network. If this shit gets traction on CNBC it will start popping up in programs that reach a larger audience.
call for an end to short term investing by leaders of the american economy. message is sure to be misinterpreted. http://www.elitetrader.com/vb/showthread.php?s=&threadid=175770&highlight=long+term
Either way, I doubt it matters. The G20 ministers met last week and this wasn't mentioned. If they didn't talk about it, it isn't happening any time soon.... America is not going to implement this unilaterally, as it would kill the US markets. The big money is against this idea, and it's just the AFL-CIO and few crackpots in Congress like DeFazio who support it. Burnett is an idiot and is pumping this thing on her own, but she has no pull whatsoever. If and when it gets to the mainstream media and if someone important supports it, then it will be time to be concerned - but my money is heavily against that. In the meantime, she's obviously going to keep blabbering... if any of those emails to her were going to be effective, they would have already worked in shutting her up by now. I suppose it hasn't occurred to the little dimwit that 90% of her viewing audience probably hates her for constantly bringing this up. She's not doing herself any favors.
Erin DOES want the tax. Better bombard cnbc *now* with emails. She's advocating this position now on cnbc, soon on the today show, msnbc & to the broader audience. Better give her your viewpoints NOW before she causes us real problems with our livelihood. Emailing cnbc management would be worthwhile as well. Tell them who watches their channel & who gives them their audience, as well as that bloomberg & fox business news is just a press of a remote control button away. Here's the trash video. http://www.cnbc.com/id/15840232?video=1247533543&play=1
First minute of this video Cramer comments on the tax. http://www.cnbc.com/id/15840232?video=1247547994&play=1
Useful Idiot - [yoos-fuhl id-ee-uht] - Noun 1) used to describe Soviet sympathizers in western countries and the attitude of the Soviet government towards them. The implication was that though the person in question naïvely thought themselves an ally of the Soviets or other Communists, they were actually held in contempt by them, and being cynically used. 2) The term is now used more broadly to describe someone who is perceived to be manipulated by a political movement, terrorist group, hostile government, or business, whether or not the group is Communist in nature. example:
Except no political subterfuge is going on here. Erin Burnett is directly and openly employed as an agent of CNBC.