Msg. 31748 of 65535 (This msg. is a reply to
31747 by
clo)
Jump:
Did anyone ask them about transaction fees, like virtually every other country in the world charges, which would probably help with both the uptick issues and the machine trading? And besides, since we the taxpayers have been bailing out Wall Street for the last several years, perhaps everyone would be better served if there was a little more 'pay-as-you-go' in this country. After all, when Conservatives get together and start talking about how Main Street is helped by the infrastructure paid for with tax dollars they always seem to eventually get around to discussing the idea that perhaps the average citizen should be expected to 'pay-as-you-go'. Well perhaps it's time that Wall Street be given that same opportunity to pay for the benefits which they are reaping from the taxpayer supported infrastructure of their industry.
Watching CNBC, 2 hedge fund managers discussing the market, one believes they should reinstate the uptick rule for at least a year to prove how that would stabalize & improve conditions.
Both are opposed to these speedy machine trades.
One very positive on IBM.
The other heavy into oil companies. clo
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