Yes but it should continue to point out main street effects since the general public wont accept a wall street argument. I also found another research paper. http://docs.google.com/viewer?a=v&q...KO5yMi&sig=AHIEtbRN5sAYzmSmUj4-T68XuT352CYrcg
Looks good and worth adding...I'm done for now though. I'm hoping that the fact that there are already at least three IMF Working Papers that came out against Tobin means they're already pot committed...surely if they did a 360 u turn now it would just look like they'd bowed under political pressure. Not impossible, mind you.
http://www.americanthinker.com/2009/12/the_quarter_percent_solution.html strong article against the transaction tax. Don't know this site but somegood points are made.
Good find. This is exactly the type of information that needs to be mass emailed to the committee members that have defazio's bill in front of them as well as the co-sponsors of the bill. We need a comma separated list of the email addresses to copy & paste into email programs.
Perhaps it has been posted before but I can't recall. There is a new mailing address on the IMF website for the TT: "We request that comments be submitted by February 1, 2010, to allow their consideration for the study. All contributions should be sent by February 1, 2010 to IMFConsultation@imf.org" they will make comments viewable in January to stimulate the debate. We want everybody on this site to send at least on message to the IMF. http://www.imf.org/external/np/exr/consult/2009/index.htm In January, when debating will be possible, we want at least 5 messages against it for one message for it. Post this link on every trading forum available.
Well you're right, perhaps a 3:1 ratio is better... It was just to say that we need to particpate actively in this debate.