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Derivatives are the problem. What about it Bernie, Hillary, Donald ?

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  • Strongly Liberal Democrat
    Democrat
    Pensacola, FL
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    Expanding multiple types of illogically defined futures into the unregulated futures market is killing this country. The stock market is doing fine but real unemployment is out of sight, the middle class is reappearing as low class and the income gap is shameful. All because multiple stocks have been embraced by the unregulated futures market. When you deregulate you give exceptional power to a few and entice the many to make it big. Consequently the futures market is stagnating quadrillions of dollars, industry is declining and every correction turns more money over to the ultimate .001 . Regulate and tax futures as luxury stocks , drop brick and mortar taxes inversely and the country will begin to produce.
  • Independent
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    Chet Ruminski Wrote: Expanding multiple types of illogically defined futures into the unregulated futures market is killing this country. The stock market is doing fine but real unemployment is out of sight, the middle class is reappearing as low class and the income gap is shameful. All because multiple stocks have been embraced by the unregulated futures market. When you deregulate you give exceptional power to a few and entice the many to make it big. Consequently the futures market is stagnating quadrillions of dollars, industry is declining and every correction turns more money over to the ultimate .001 . Regulate and tax futures as luxury stocks , drop brick and mortar taxes inversely and the country will begin to produce.

    sorry, chet, the country won't start to produce. the wealthy will simply aim the money elsewhere geographically. the cost of doing business meaning labor is what has driven manufacturing out of the country. at least that is the agitprop used to rationalize and justify it. foolishly due to the stupidity of neoclassical economics and financialization in the form of short term-ism companies shifted manufacturing overseas. and the population of the country as well as the politicians allowed this to happen. yet this has happened previously with other empires by shifting to a rentier ruled economy. a radical departure from what the country is and what political economic philosophy policy makers believe is required. that includes things like campaign finance reform as well as ending the lawmaker-lobbyist pipeline before reform of the political economy as a whole can occur.

    btw, i do agree that derivatives must be regulated. they are not and the potential for a more catastrophic collapse definitely exists.

  • Center Left
    Independent
    Central, FL
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    50 states. Bernie is doing well today. He is connecting in NH because he's in Vermont. How will he play in a full campaign ? I don't know but I'm a little skeptical that he'll be doing as well in California, Texas, Washington, Ohio, Illinois....... He'll do great in the NE states but I'm skeptical about the national stage. I think our lesser citizens still have a 1940's mentality about the abilities of a woman in politics. Plus the sick R party slings mud because it's what they do. I think the media wants a tough fight so they can seem relevant.

    Perhaps he's the candidate for the over 50 demographic. I'm not yet sold. I still see him in the cabinet - hopefully doing great things that help a lot of people.

  • Strongly Liberal Democrat
    Democrat
    Pensacola, FL
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    lonely bird Wrote:
    Chet Ruminski Wrote: Expanding multiple types of illogically defined futures into the unregulated futures market is killing this country. The stock market is doing fine but real unemployment is out of sight, the middle class is reappearing as low class and the income gap is shameful. All because multiple stocks have been embraced by the unregulated futures market. When you deregulate you give exceptional power to a few and entice the many to make it big. Consequently the futures market is stagnating quadrillions of dollars, industry is declining and every correction turns more money over to the ultimate .001 . Regulate and tax futures as luxury stocks , drop brick and mortar taxes inversely and the country will begin to produce.

    sorry, chet, the country won't start to produce. the wealthy will simply aim the money elsewhere geographically. the cost of doing business meaning labor is what has driven manufacturing out of the country. at least that is the agitprop used to rationalize and justify it. foolishly due to the stupidity of neoclassical economics and financialization in the form of short term-ism companies shifted manufacturing overseas. and the population of the country as well as the politicians allowed this to happen. yet this has happened previously with other empires by shifting to a rentier ruled economy. a radical departure from what the country is and what political economic philosophy policy makers believe is required. that includes things like campaign finance reform as well as ending the lawmaker-lobbyist pipeline before reform of the political economy as a whole can occur.

    btw, i do agree that derivatives must be regulated. they are not and the potential for a more catastrophic collapse definitely exists.

    The key would have to be a tax plan that made brick and mortar the new hedge fund.