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Or mutual funds that have to buy and sell.
Like you're going to buy a stock and never sell it ?
People who don't work with stocks or have pensions or 401Ks have no clue whatsoever.
They really do think only rich people buy and sell stocks.
And this will absolutely KILL DRIP programs who "buy" more shares for you each dividend payout..4 times a year.
Would you be opposed to an FTT that only kicks in when the same trader changes position on the same security within a time frame of an hour or so, or are you going 'all in' on this and want to protect the high frequency traders who harm the market more than any FTT ever will: This is a small quote from an article that covers all of the problems inherent with HFT
Quote:
HFT is socially useless; indeed, most of finance does more harm than good. As finance has taken over a greater and greater share of the economy, growth rates have slowed, volatility has risen, we’ve had a massive global financial crisis, and far too much talented human capital has found itself sucked into the financial sector rather than the real economy. Insofar as people are making massive amounts of money through short-term trading, or avoiding losses attributable to short-term volatility, those people are not making money by creating long-term value. And, says Stiglitz, “successful growth has to be based on long term investments”.
Would you be opposed to an FTT that only kicks in when the same trader changes position on the same security within a time frame of an hour or so, or are you going 'all in' on this and want to protect the high frequency traders who harm the market more than any FTT ever will: This is a small quote from an article that covers all of the problems inherent with HFT
Would you be opposed to an FTT that only kicks in when the same trader changes position on the same security within a time frame of an hour or so, or are you going 'all in' on this and want to protect the high frequency traders who harm the market more than any FTT ever will: This is a small quote from an article that covers all of the problems inherent with HFT
I never said that Bernie suggested that, I'm not even a Bernie supporter. I just asked you a question
If Bernie had suggested a law like Italy then yes, I'd be behind it.
HFT trades happen in milliseconds now as computers get faster.
Italy's law of .5 second is more than enough time.
If Bernie had suggested a law like Italy then yes, I'd be behind it.
HFT trades happen in milliseconds now as computers get faster.
Italy's law of .5 second is more than enough time.
Consumer Prices: Alabama is 14% lower than Minnesota
Consumer Prices in Rent: Alabama is 19% lower than Minnesota
Rent Prices: Alabama is 28% lower than Minnesota
Groceries prices: Alabama is 26% lower than Minnesota
what better social safety there is when Alabama's cost of food and housing is cheaper than Minnesota?
Do you actually do a research before you write your opinions here?
Life Expectancy:
Minnesota: 81.1
Alabama: 75.4
Obesity Rate:
Minnesota: 27.6%
Alabama: 33.5%
Poverty Rate Ranking:
Minnesota: 8
Alabama: 48
School system ranking:
Minnesota: 13
Alabama: 44
Median Income:
Minnesota: $50,121
Alabama: $41,370
Fortune 500 Companies:
Minnesota: 17
Alabama: 1
Honestly, it looks like Alabama should be doing everything possible to be more like Minnesota.
If one pays close to 56% in income tax and 25% in sales tax (including a 105-180% tax on cars) to fund education and other social services, one would not call it “free”. The downside of the Danish model is that many university students take it for granted and take an additional year to complete their studies.
Americans who pay for their education and compete fiercely to be accepted into school tend to have higher expectations of the universities and teachers. It’s not unsurprising that the US has most of the world’s top universities, and even Denmark’s best universities don’t figure significantly in global rankings. In any event, the decline in fiscal revenues means that Danish universities are under financial pressure, so they are starting to look at American models that involve philanthropy and corporate partnership for sustainability going forward.
Clinton / Trump 2016!
Well, then by your words, it *is* free until they start making a taxable wage. Then of course they could just emigrate to the USA!
We may have some great schools- Harvard, Stanford, etc- but we have some of the worst colleges too. The sleazy "for profits" who have nearly no admission standards:
A much high percentage attend these types of colleges and the "middle of the road colleges" than attend our "top tier."
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