"Windfall Tax on Tarp Banks" segment on cnbc (Thursday 10/20 11:50AM).
Subject turned into a transaction tax conversation.
Subject turned into a transaction tax conversation.
1/4% Tax on all stock trades pushed in NY Times today
- Thread starter seasideheights
- Start date
Yup that was ridiculous....
The clip should be up on CNBC.com in an hour at the latest.
http://www.cnbc.com/id/15840232?video=1301527276&play=1
Here is a clip from today with John Lipsky who talks a tad about finance, remember he is the one that the head of the IMF tasked with charging the banks for the crisis somehow , whom both him and head of the IMF said Tobin woulndt work. He talked about when asked about the FDIC model for banks here. Didnt explain it but said they are looking into it.
Here is a clip from today with John Lipsky who talks a tad about finance, remember he is the one that the head of the IMF tasked with charging the banks for the crisis somehow , whom both him and head of the IMF said Tobin woulndt work. He talked about when asked about the FDIC model for banks here. Didnt explain it but said they are looking into it.
Love listening to that when he says alot of countries have them or have tried them and then he says I have not seen a proposal that works or makes sense, since we know what proposals are out there now 
Thats a good thing.
Listed Guru,
As for the Obama , or senator Obama thing. I highly doubt he was for it as senator in Chicago. I just went to a blong that had one little line that said since"senator Obama was for it" Thats it no explanation. Now when this bill gets mentioned it always gets talked about who has supported it in the past. Just like in Defazio's bill he suggested, we had one in the past, Larry Summers supported it, other countries do it etc.. Never was mentioned that Obama supported it, I would think in fact if Obama did support it Defazio would have name dropped that one. Just like Dean Baker who always does articles on the tax, he never mentioned Obamas support of it in the past just the same things Defazio stated , so I would thing, and if you look at some of these blogs that are totally for the tax they are reaching a bit and using names they shouldnt be. Even Defazio used Summers name from a paper in 1989 and now summers has stated well atleast as a few years ago he is not for the tax anymore. Also Defazio stated lots of countries have it but fails to tell you that lots of these countries repealed or are in the process of repealing it. So just take some things for a grain of salt when you dont here it alot. Gotta make you think whats right and whats not. But very definiatve comments from Geitner who cannot make law but can have influence which is a good thing.
Thats a good thing.Listed Guru,
As for the Obama , or senator Obama thing. I highly doubt he was for it as senator in Chicago. I just went to a blong that had one little line that said since"senator Obama was for it" Thats it no explanation. Now when this bill gets mentioned it always gets talked about who has supported it in the past. Just like in Defazio's bill he suggested, we had one in the past, Larry Summers supported it, other countries do it etc.. Never was mentioned that Obama supported it, I would think in fact if Obama did support it Defazio would have name dropped that one. Just like Dean Baker who always does articles on the tax, he never mentioned Obamas support of it in the past just the same things Defazio stated , so I would thing, and if you look at some of these blogs that are totally for the tax they are reaching a bit and using names they shouldnt be. Even Defazio used Summers name from a paper in 1989 and now summers has stated well atleast as a few years ago he is not for the tax anymore. Also Defazio stated lots of countries have it but fails to tell you that lots of these countries repealed or are in the process of repealing it. So just take some things for a grain of salt when you dont here it alot. Gotta make you think whats right and whats not. But very definiatve comments from Geitner who cannot make law but can have influence which is a good thing.
Had a feeling it would be the little dweeb:
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At least there was some push back instead of heads nodding in aggreement.
Looking at it again, the dweeb didn't even talk about the topic at hand but rather went straight for the trans tax, like it was his agenda all along. Which is why, maybe, they didn't allow him to respond again for the rest of the segment.
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At least there was some push back instead of heads nodding in aggreement.
Looking at it again, the dweeb didn't even talk about the topic at hand but rather went straight for the trans tax, like it was his agenda all along. Which is why, maybe, they didn't allow him to respond again for the rest of the segment.
The litte dweeb is a co director of the Center fro Economic and Policy Research and reform. The founder of this Center is Dean Baker. We all know Dean Baker they man who basically made us start this thread , it was his article in the NY times in Jan. He is the one thats been for this, so yes that little dweeb came on with an agenda and not talk about topic at hand. If you look up Mark Weisbrot, aka little dweeb, he started some website to reform us foreign policy and also submittes columns to Commondreams.org which is basically one of those anti globalization causes that wants the tobin tax for revenue to help out other countries. So we see what the true agenda is of this man. He has also co authored papers with Dean Baker. The 2 of them have hard ons for each other and this tax, Dean Baker always writes about it.
From Wiki
Columns have also been published on progressive websites such as Alternet and Common Dreams
Mark Weisbrot (b. 1954, Chicago) is an American economist and co-director of the Center for Economic and Policy Research in Washington, D.C. He received his Ph.D. in economics from the University of Michigan. He has written numerous research papers on economic policy, and is co-author, with Dean Baker
Weisbrot has been cited as the architect of the Bank of the South
For anyone that doesnt know what bank of the south is
Bank of the South Type Public
Founded 2007
Headquarters Caracas, Venezuela
Industry Finance and Development
The Bank of the South (Spanish: Banco del Sur, Portuguese: Banco do Sul); or BancoSur is a monetary fund and lending organization first proposed by Venezuelan President Hugo Chávez
From Wiki
Columns have also been published on progressive websites such as Alternet and Common Dreams
Mark Weisbrot (b. 1954, Chicago) is an American economist and co-director of the Center for Economic and Policy Research in Washington, D.C. He received his Ph.D. in economics from the University of Michigan. He has written numerous research papers on economic policy, and is co-author, with Dean Baker
Weisbrot has been cited as the architect of the Bank of the South
For anyone that doesnt know what bank of the south is
Bank of the South Type Public
Founded 2007
Headquarters Caracas, Venezuela
Industry Finance and Development
The Bank of the South (Spanish: Banco del Sur, Portuguese: Banco do Sul); or BancoSur is a monetary fund and lending organization first proposed by Venezuelan President Hugo Chávez