But where do you draw the line. Fist it is commodities, then financial futures then equities, before you know only institutions can afford to trade. Also do not forget, that higher oil prices could be a necessary evil, that will spark some new development that could change it all. Things are not that simple.
MY GOOD PRES. BIG W WILL TAKE CARE OF THE ELDERLY POOR. maybe george can use that big word STRATEGIC in his speech. thats W bgp
Agree. Perhaps even a seperate tax on specific "needed commodities" that means profits done in speculation are taxed much higher on certain "must have" goods.
You draw the line when it hurts the common folks - non-investors, if you will. If the price of GOOG goes through the roof, it doesn't mean a family of three with both parents working has to eat less in the coming month.
As an elderly person myself, I find that the best solution to warmth is to sleep with two fat old ladies, one on either side. We save the cat food to attract cats, which amplifies the caloric return many-fold.
Maybe if the elderly suffer enough, they'll band together vote to kick all the a-holes out of Congress and the Administration...