Search results

actually, i think swing traders are dead. this is daytrading heaven

there's that. and there's the issue of j-o-b-s.

http://www.cnbc.com/id/45696542

In fairness to Baker, I believe he covers this with his point about finance being an "intermediate good," like trucking. This, in and of itself, is a legitimate argument--eg, it has defensible methodological foundations. I believe it's use here also brings it under the category of reductio ad...

This is interesting, I think. It's the latest from our friend Dean Baker. Here's the url, which I've purposefully not posted as a link: www.counterpunch.org/2011/11/04/the-specious-case-against-a-financial-transactions-tax/ This is the smoothest, most professional presentation I've...

This is interesting, I think. It's the latest from our friend Dean Baker. Here's the url, which I've purposefully not posted as a link: w-w.counterpunch.org/2011/11/04/the-specious-case-against-a-financial-transactions-tax This is the smoothest, most professional presentation I've...

tomdavis, et al, please let's be alert to the need to post careful rebuttals to inaccurate pro-ftt propaganda posted on this thread. i don't have any more time for this today but will try to post corrections later. thnx.

Right again

Nope. The possibility didn't cross my mind until your last post about the "acclaimed economists" supporting the FTT. Only then did I begin to wonder if there was a purpose behind your serial mischaracterizations of my statements--an attempt, perhaps, to delegitimize via the old straw man...

So I thought I had you on ignore, but it didn't work. Glad, though (more about that in a moment). In the meantime, FYI, everyone... 1) Depending on one's definition of "acclaimed", the "acclaimed economists" in the US who support FTT can be counted on one hand. Maybe one finger. 2)...

Exactly.

They haven't implemented it...yet. This thing is not over. I didn't say that was "all" the FTT was. And I don't know what you mean by "shut down the uk." Regardless, there you go again, setting up straw men to ignite. After I asked you to kindly stop mischaracterizing my statements...

Never said Germans were evil (although, yes, Germany has perpetrated evil--is this a controversial statement?), and I don't know what you mean by "mass conspiracy" (again, a phrase I didn't use). But... Perhaps 80% of the proposed EU FTT would be paid by the UK, which is heavily dependent on...

Under the circumstances, your use of the phrase "truly disgraceful" is curious. I've merely considered German's contemporary behavior in the context of its history, a history punctuated by chapters that are themselves generally regarded as "truly disgraceful." Your implication that the the...

Last post and I'm done: Take a look at the fifth paragraph in this article from the Times--the "tiny" tax paragraph: http://www.nytimes.com/2011/12/13/world/europe/guido-westerwelle-german-official-backs-tax-vetoed-by-britain.html That paragraph reads like it was written by Oxfam. This...

In fact, I'll go further. Germany wants the euro weak; it's an export economy, after all. Germany's strategy is to neutralize the advantages of its potential competitors through whatever means necessary. In this sense, the nation remains true to its roots and the principles that led it to...

spot on P.S. If Democrats secure both House and Senate as well as the White House in 2012, the U.S. will have an F.T.T. in 2013. Period. If Republicans merely manage hold the House, an F.T.T. will be off-the-table until, at least, 2015. It's that simple.

Alas, I think they are counting on just this sort of unrest. Consider the last time the US adopted an FTT. When was it? 1933? How were the markets doing then? As more and more people become disenchanted with the stock market, fewer and fewer people consider themselves to have "skin in...

The decline of the US economy is due to many factors-- cultural, economic, political. Among them, the rise of trading is insignificant. Excellent article in today's Financial Times on the subject of decline...

i don't know whether she's right or not. i do know she sounds like a sputtering lunatic.