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View Diary: One GIF Shows Why We Should Have a Financial Transaction Tax (15 comments)

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  •  Isn't This Pretty Much a Definition of Gambling? (7+ / 0-)
    the computers are ... in essence leading investors to adopt trading behaviors instead of the other way around.

    We are called to speak for the weak, for the voiceless, for victims of our nation and for those it calls enemy.... --ML King "Beyond Vietnam"

    by Gooserock on Wed Nov 14, 2012 at 10:26:42 AM PST

    •  Yes. (3+ / 0-)

      So, this diary's proposal seems to be that we tax gambling mechanisms which happen to be the major driver of our economy at this time.

      Let that mechanism finally take responsibility for its de facto role in our economy and perhaps help stabilize it to promote value over abstract arbitrage, perhaps.

      "So, please stay where you are. Don't move and don't panic. Don't take off your shoes! Jobs is on the way."

      by wader on Wed Nov 14, 2012 at 10:48:42 AM PST

      [ Parent ]

      •  Or at least funnel some of the money (1+ / 0-)
        Recommended by:
        wader

        Back to the host, the real economy.

        Women create the entire labor force. Sympathy is the strongest instinct in human nature. - Charles Darwin

        by splashy on Wed Nov 14, 2012 at 06:14:44 PM PST

        [ Parent ]

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