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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: SilentZ who wrote (421724)10/2/2008 9:40:30 AM
From: Road Walker  Read Replies (2) | Respond to of 1575371
 
Some economist calculated that if there were a 25 cent tax on all Wall St. transactions for a year, it would cover the bailout. I think that's a pretty good idea.

Hey, that was MY idea.



To: SilentZ who wrote (421724)10/2/2008 12:44:21 PM
From: tejek  Read Replies (1) | Respond to of 1575371
 
you know what, dude, there is going to be a need for bailout monies somewhere in the system or the American financial system will go into total collapse.

Some economist calculated that if there were a 25 cent tax on all Wall St. transactions for a year, it would cover the bailout. I think that's a pretty good idea.


I think you could use such a fee to pay back the bailout but you need a big chunk of money upfront to get things rolling.



To: SilentZ who wrote (421724)10/3/2008 1:09:14 PM
From: Brumar89  Read Replies (1) | Respond to of 1575371
 
That would drive the securities trading business out of the US.

Personally I think the government has caused enough problems. Why destroy another industry?