Democrats propose "transaction tax" on financial transactions. (Poll)

Do you support the new "transaction tax", and if so, what would you do with the revenue?

  • No, I'll explain why in my post

    Votes: 18 64.3%
  • Yes, to pay for free community college & job training

    Votes: 3 10.7%
  • Yes, to pay for 1/2 of 4-year college and advanced degrees

    Votes: 0 0.0%
  • Yes, to pay into the general revenue fund to pay for SS & Medicare

    Votes: 2 7.1%
  • Yes, see my post for where I'd put the $80b/yr revenue

    Votes: 5 17.9%

  • Total voters
    28
Republicans had the House and Senate under Trum
Now democrats are in complete control

so you try to shift attention away from them and back on trump

I don't support then adding to the debt. I did NOT vote for those who will do that. You did.
Did you vote for Obama?

Nope. It was clear from the beginning he was untrustworthy. I had hoped I was wrong and could vote to re-elect him but I was not. I supported 90% of what candidate Obama claimed to support but 10% of what President Obama actually did.
You just made it clear that you're a colossal sucker.
 
I never thought that I'd ever be on the same side as Ilhan Omar, but here we are.
I support the proposed transaction tax. It will hit the high-speed traders more than me or other "buy and hold" investors.

The argument against it is that high-speed traders will just move off-shore to do their trades, fine.
They are nothing but leeches stealing our 401k investments.


"This (transaction tax) makes financial markets fairer and possibly less volatile. As described by Michael Lewis in Flash Boys, high frequency traders (HFTs) can earn profits by front-running other trades by micro-seconds, an activity that raises costs for legitimate traders and provides no value to society. HFTs account for roughly half all stock trades and much of their business model would be threatened by the proposed transactions tax.
Under current law, someone selling or buying $1,000 of stock pays just over two cents in transaction taxes. This existing fee raises over $1.5 billion per year. The proposal would add a tax of $1 to that transaction."
What is your goal for the transaction tax?

if it does not pay down the debt then its worse than pointless
I'm not a democrat, so I'm probably misstating their goals:
1. Raise revenue from the mostly 1%, i.e. the ones who own 90% of everything
2. Benefit average investors by stopping high-frequency traders from stealing their 401K investments
3. By reducing HFTs, that is a net gain for average investors
4. The $80b/yr or so of new revenue can be put to use helping pay for stuff. See poll in OP
5. I'd also raise the tax rate on "short-sellers" using the same logic.
Why not just impose a 24 hour timeout on trades?

investors cannot sell stock they just purchased for at least 24 hours
Good idea. That stops "day traders" too.
 
we once again have Trumpsters pretending to be fiscally responsible and attacking others.
What trumpsters wanted was an end to the lockouts

but if you did that democrats would not have an excuse to continue your massive borrow and spend pork barrel policies

8 trillion in spending that wasn't paid for under Trump.
Why didn't Nancy do something......

It's not her thing. She has no desire to address the debt. Why do you think she does?
Cause that's her job......

Her job is to raise campaign donations. That's the only reason she has her position.

But again, how do you expect Nancy and the Dems to do what Trump and the Republicans refused to do? They don't run on the debt.
Sorry,,.,,,the GOP and Trump attempted numerous times to cut spending...blocked by the dems, and called every name under the book by their propagandist for doing so..."grandma killers," claiming htey wanted people to die of hunger etc.

The largest driver of debt, is the entitlement programs, such as medicare and medicaid...and the left blocks any attempt by the GOP to address it.
Trump vows not to cut Social Security and Medicare — his 2021 budget says otherwise - Vox
I think we need to leave SS & Medicare benefits alone but tighten the rules for eligibility

its easy to scam the system and that hurts the workers who earned the benefits and should receive them
 
we once again have Trumpsters pretending to be fiscally responsible and attacking others.
What trumpsters wanted was an end to the lockouts

but if you did that democrats would not have an excuse to continue your massive borrow and spend pork barrel policies

8 trillion in spending that wasn't paid for under Trump.
Why didn't Nancy do something......

It's not her thing. She has no desire to address the debt. Why do you think she does?
Cause that's her job......

Her job is to raise campaign donations. That's the only reason she has her position.

But again, how do you expect Nancy and the Dems to do what Trump and the Republicans refused to do? They don't run on the debt.
Sorry,,.,,,the GOP and Trump attempted numerous times to cut spending...blocked by the dems, and called every name under the book by their propagandist for doing so..."grandma killers," claiming htey wanted people to die of hunger etc.

The largest driver of debt, is the entitlement programs, such as medicare and medicaid...and the left blocks any attempt by the GOP to address it.

Please, stop. No one could have blocked his first two years and he could have vetoed anything. He supported things like billions in bail outs that led to the debt.

But thanks for proving my beliefs for me.
Of course they could....and did...it's called a Filibuster. For example...the Farm Bill....the GOP simply added work requirements for SNAP....the Dems blocked it, and literally threatened to shut down the entire Ag Department over it. The GOP was faced with shutting down the Dept of Ag, or caving to the extortion by the Dems.
What would be the downside of shutting down the Department of Agriculture?
A lot....the Department of Ag, runs for example the food inspection...which helps ensure that food produced and sold on the market meats some basic standards for consumption. In addition, the run, clean, and maintain the national forest, which are a great resource not just for leisure, but natural resources, such as timber....as well as enforce federal laws on those lands.
 
Don't just look at the tax, look at your 401K bump w/o high-frequency traders. Its a benefit, not a tax.

If I'm a buy and hold in my 401k, how does eliminating HFT give my 401k a bump?
Because the HFTs won't "front-run" any trades stealing value from buy-and-hold investors.
HFTs don't "invest" they "steal" investments.

Because the HFTs won't "front-run" any trades stealing value from buy-and-hold investors.

You just can't explain how they steal value

HFTs don't "invest" they "steal" investments.

Funnier every time you say it.
OMG, here are a few links that you are apparently too lazy or stupid to research before posting nonsense.




What's funny is that you can't prove your "point" with links, so you are just a whiner.

Thanks for the links.
The 1st and 3rd don't mention high-frequency trading.

The 2nd one.......View attachment 482344
Don't need to be an HFT to read an announcement and buy a stock.
Even you could do that.

So still no luck explaining how my TSLA order gets front-run? LOL!
1. Your TSLA order doesn't get front-run, the stock does, you lose money, that's how HFTs make money, by stealing, duh.
2. Tell us what benefit HFTs are to the average 401K investor. <hint: you can't> Thanks for playing.

Your TSLA order doesn't get front-run, the stock does, you lose money,

Cool story!! You just can't explain how.

TSLA is trading at $711.15-Bid $711.19-Offer.
I try to buy 100 shares at $711.19.....how does an HFT swoop in and make me lose money? Any idea?
I explained how, you just don't understand it.
How do HFTs make money? Hint: by stealing from investors, duh.

I explained how,

You made a claim, you didn't show how high frequency trading steals from me.

How do HFTs make money?

They buy and sell shares.

Hint: by stealing from investors, duh.

Prove it, duh.

TSLA is trading at $711.15-Bid $711.19-Offer.
I try to buy 100 shares at $711.19.....how does an HFT swoop in and steal from me?
1. Most of us are "investors", we invest in companies to hire and expand for a long-term capital gain.
2. HFTs steal the investment by "front-running". I already gave you links explaining front-running.
3. HFTs use "high-frequency trading" to steal money from investors. They are financial are leeches, QED.
4. As explained, HFTs steal from large trades of TSLA, duh. Not every trade. All the money they make is stolen from investors.
5. You can't explain any societal benefits that HFTs have, as compared to long-term investors. All HFTs do is steal investment capital intended for companies to grow the US economy.
 
we once again have Trumpsters pretending to be fiscally responsible and attacking others.
What trumpsters wanted was an end to the lockouts

but if you did that democrats would not have an excuse to continue your massive borrow and spend pork barrel policies

8 trillion in spending that wasn't paid for under Trump.
Why didn't Nancy do something......

It's not her thing. She has no desire to address the debt. Why do you think she does?
Cause that's her job......

Her job is to raise campaign donations. That's the only reason she has her position.

But again, how do you expect Nancy and the Dems to do what Trump and the Republicans refused to do? They don't run on the debt.
House sets the budget ..end of story but it's easier to play stupid word games.

Republicans had the House and Senate under Trump. They added debt. It still has to pass the Senate and the President still has to sign off on it. Trump signed off on $8 trillion in debt in 4 years.
Who have you voted for?

Last time Jorgenson. Before that Stein. Before that Vermin Supreme. Before that Bob Barr.

You are against spending and you voted for Stein? Lol, I think you just lost any credibility.
At least we know he isn't a Dimwinger.............he is a full-blown Socialist.
 
we once again have Trumpsters pretending to be fiscally responsible and attacking others.
What trumpsters wanted was an end to the lockouts

but if you did that democrats would not have an excuse to continue your massive borrow and spend pork barrel policies

8 trillion in spending that wasn't paid for under Trump.
Why didn't Nancy do something......

It's not her thing. She has no desire to address the debt. Why do you think she does?
Cause that's her job......

Her job is to raise campaign donations. That's the only reason she has her position.

But again, how do you expect Nancy and the Dems to do what Trump and the Republicans refused to do? They don't run on the debt.
Sorry,,.,,,the GOP and Trump attempted numerous times to cut spending...blocked by the dems, and called every name under the book by their propagandist for doing so..."grandma killers," claiming htey wanted people to die of hunger etc.

The largest driver of debt, is the entitlement programs, such as medicare and medicaid...and the left blocks any attempt by the GOP to address it.

Please, stop. No one could have blocked his first two years and he could have vetoed anything. He supported things like billions in bail outs that led to the debt.

But thanks for proving my beliefs for me.
Of course they could....and did...it's called a Filibuster. For example...the Farm Bill....the GOP simply added work requirements for SNAP....the Dems blocked it, and literally threatened to shut down the entire Ag Department over it. The GOP was faced with shutting down the Dept of Ag, or caving to the extortion by the Dems.
What would be the downside of shutting down the Department of Agriculture?
A lot....the Department of Ag, runs for example the food inspection...which helps ensure that food produced and sold on the market meats some basic standards for consumption. In addition, the run, clean, and maintain the national forest, which are a great resource not just for leisure, but natural resources, such as timber....as well as enforce federal laws on those lands.
Yeah, because so many people were dropping dead before the Dept of AG was created. The idea that businesses are going to poison their customers is one of the dumbest ideas socialists have ever conceived.

They do a shitty job of maintaining the national forests. That's why we have all these huge fires constantly.

If the Dept of AG disappeared tomorrow, no one would even notice.
 
Buying a stock is no different than buying a car. You should pay a sales tax when you buy it and there should be a sales tax when you sell it.
You haven't considered what would happen to the stock market if the daytraders are forced out-I assume a huge ass tech bubble as they have driven up the tech stocks. Like chaos?

If you pay a sales tax on selling using items like cars---then garage sales---

The hedgefunds that the corrupt pols are in---would be exempted so this would only affect the little guys
 
I support the proposed transaction tax. It will hit the high-speed traders more than me or other "buy and hold" investors.

How much money do these high-speed traders currently make every year?
They make too much. They do about half of the stock trades, and do nothing but steal our 401k investments.

Too much.

Your precise grasp of this issue is very convincing.

They do about half of the stock trades

And what do they do when they trade? Can you explain it?

and do nothing but steal our 401k investments.

I'm not buying and selling the stocks in my 401k every day, how do they steal from me?
From the OP:
"This (transaction tax) makes financial markets fairer and possibly less volatile. As described by Michael Lewis in Flash Boys, high frequency traders (HFTs) can earn profits by front-running other trades by micro-seconds, an activity that raises costs for legitimate traders and provides no value to society. HFTs account for roughly half all stock trades and much of their business model would be threatened by the proposed transactions tax.

If you're still not convinced, read the OP links. The transaction tax is a very good thing.


As described by Michael Lewis in Flash Boys, high frequency traders (HFTs) can earn profits by front-running other trades by micro-seconds, an activity that raises costs for legitimate traders and provides no value to society.

That drama queen? He's funny!

Ok, TSLA is trading at $711.15-Bid $711.19-Offer.
I try to buy 100 shares at $711.19.....how does an HFT swoop in and steal my money? Any idea?
When big investors buy any stocks that you have, the high-frequency traders steal some of the investment.
They provide no value to society. You're the drama queen whining about something you apparently know very little about.
They don't steal any of your investment.
 
Don't just look at the tax, look at your 401K bump w/o high-frequency traders. Its a benefit, not a tax.

If I'm a buy and hold in my 401k, how does eliminating HFT give my 401k a bump?
Because the HFTs won't "front-run" any trades stealing value from buy-and-hold investors.
HFTs don't "invest" they "steal" investments.

Because the HFTs won't "front-run" any trades stealing value from buy-and-hold investors.

You just can't explain how they steal value

HFTs don't "invest" they "steal" investments.

Funnier every time you say it.
OMG, here are a few links that you are apparently too lazy or stupid to research before posting nonsense.




What's funny is that you can't prove your "point" with links, so you are just a whiner.

Thanks for the links.
The 1st and 3rd don't mention high-frequency trading.

The 2nd one.......View attachment 482344
Don't need to be an HFT to read an announcement and buy a stock.
Even you could do that.

So still no luck explaining how my TSLA order gets front-run? LOL!
1. Your TSLA order doesn't get front-run, the stock does, you lose money, that's how HFTs make money, by stealing, duh.
2. Tell us what benefit HFTs are to the average 401K investor. <hint: you can't> Thanks for playing.

Your TSLA order doesn't get front-run, the stock does, you lose money,

Cool story!! You just can't explain how.

TSLA is trading at $711.15-Bid $711.19-Offer.
I try to buy 100 shares at $711.19.....how does an HFT swoop in and make me lose money? Any idea?
I explained how, you just don't understand it.
How do HFTs make money? Hint: by stealing from investors, duh.

I explained how,

You made a claim, you didn't show how high frequency trading steals from me.

How do HFTs make money?

They buy and sell shares.

Hint: by stealing from investors, duh.

Prove it, duh.

TSLA is trading at $711.15-Bid $711.19-Offer.
I try to buy 100 shares at $711.19.....how does an HFT swoop in and steal from me?
1. Most of us are "investors", we invest in companies to hire and expand for a long-term capital gain.
2. HFTs steal the investment by "front-running". I already gave you links explaining front-running.
3. HFTs use "high-frequency trading" to steal money from investors. They are financial are leeches, QED.
4. As explained, HFTs steal from large trades of TSLA, duh. Not every trade. All the money they make is stolen from investors.
5. You can't explain any societal benefits that HFTs have, as compared to long-term investors. All HFTs do is steal investment capital intended for companies to grow the US economy.
Communist propaganda.
 
we once again have Trumpsters pretending to be fiscally responsible and attacking others.
What trumpsters wanted was an end to the lockouts

but if you did that democrats would not have an excuse to continue your massive borrow and spend pork barrel policies

8 trillion in spending that wasn't paid for under Trump.
Why didn't Nancy do something......

It's not her thing. She has no desire to address the debt. Why do you think she does?
Cause that's her job......

Her job is to raise campaign donations. That's the only reason she has her position.

But again, how do you expect Nancy and the Dems to do what Trump and the Republicans refused to do? They don't run on the debt.
Sorry,,.,,,the GOP and Trump attempted numerous times to cut spending...blocked by the dems, and called every name under the book by their propagandist for doing so..."grandma killers," claiming htey wanted people to die of hunger etc.

The largest driver of debt, is the entitlement programs, such as medicare and medicaid...and the left blocks any attempt by the GOP to address it.

Please, stop. No one could have blocked his first two years and he could have vetoed anything. He supported things like billions in bail outs that led to the debt.

But thanks for proving my beliefs for me.
Of course they could....and did...it's called a Filibuster. For example...the Farm Bill....the GOP simply added work requirements for SNAP....the Dems blocked it, and literally threatened to shut down the entire Ag Department over it. The GOP was faced with shutting down the Dept of Ag, or caving to the extortion by the Dems.
What would be the downside of shutting down the Department of Agriculture?
A lot....the Department of Ag, runs for example the food inspection...which helps ensure that food produced and sold on the market meats some basic standards for consumption. In addition, the run, clean, and maintain the national forest, which are a great resource not just for leisure, but natural resources, such as timber....as well as enforce federal laws on those lands.
Yeah, because so many people were dropping dead before the Dept of AG was created. The idea that businesses are going to poison their customers is one of the dumbest ideas socialists have ever conceived.

They do a shitty job of maintaining the national forests. That's why we have all these huge fires constantly.

If the Dept of AG disappeared tomorrow, no one would even notice.
well actually yeah...people were dropping dead of pretty easily avoidable things.

People certainly would notice...it's been around independently, since Lincoln, and in some form since our founding.
 
Little more than a gimmick. It will not stop institutionalized investors will find other financial products to invest in, move those transactions elsewhere or find a way around the tax. HFT is essentially irrelevant to those that are not part of the trading as long term health of an asset is not phased by short term fluctuations.

The government will not get a tiny fraction of what it says it will out of the tax, more regulation is not going to help the average guy's 401k in any way and the spending that the tax is supposed to go to will not only exceed the projected gains but will not change when the government reveals that they are making far less than projected.
 
we once again have Trumpsters pretending to be fiscally responsible and attacking others.
What trumpsters wanted was an end to the lockouts

but if you did that democrats would not have an excuse to continue your massive borrow and spend pork barrel policies

8 trillion in spending that wasn't paid for under Trump.
Why didn't Nancy do something......

It's not her thing. She has no desire to address the debt. Why do you think she does?
Cause that's her job......

Her job is to raise campaign donations. That's the only reason she has her position.

But again, how do you expect Nancy and the Dems to do what Trump and the Republicans refused to do? They don't run on the debt.
Sorry,,.,,,the GOP and Trump attempted numerous times to cut spending...blocked by the dems, and called every name under the book by their propagandist for doing so..."grandma killers," claiming htey wanted people to die of hunger etc.

The largest driver of debt, is the entitlement programs, such as medicare and medicaid...and the left blocks any attempt by the GOP to address it.

Please, stop. No one could have blocked his first two years and he could have vetoed anything. He supported things like billions in bail outs that led to the debt.

But thanks for proving my beliefs for me.
Of course they could....and did...it's called a Filibuster. For example...the Farm Bill....the GOP simply added work requirements for SNAP....the Dems blocked it, and literally threatened to shut down the entire Ag Department over it. The GOP was faced with shutting down the Dept of Ag, or caving to the extortion by the Dems.
What would be the downside of shutting down the Department of Agriculture?
I dont think any single person - and certainly not me. - can answer that question

It does some good along with the not so good

and unquestionably wastes billions of dollars each year

But every country in the work that I know od subsidizes its farmers in some way

and the reason is simple - national food security
 
we once again have Trumpsters pretending to be fiscally responsible and attacking others.
What trumpsters wanted was an end to the lockouts

but if you did that democrats would not have an excuse to continue your massive borrow and spend pork barrel policies

8 trillion in spending that wasn't paid for under Trump.
Why didn't Nancy do something......

It's not her thing. She has no desire to address the debt. Why do you think she does?
Cause that's her job......

Her job is to raise campaign donations. That's the only reason she has her position.

But again, how do you expect Nancy and the Dems to do what Trump and the Republicans refused to do? They don't run on the debt.
Sorry,,.,,,the GOP and Trump attempted numerous times to cut spending...blocked by the dems, and called every name under the book by their propagandist for doing so..."grandma killers," claiming htey wanted people to die of hunger etc.

The largest driver of debt, is the entitlement programs, such as medicare and medicaid...and the left blocks any attempt by the GOP to address it.

Please, stop. No one could have blocked his first two years and he could have vetoed anything. He supported things like billions in bail outs that led to the debt.

But thanks for proving my beliefs for me.
Of course they could....and did...it's called a Filibuster. For example...the Farm Bill....the GOP simply added work requirements for SNAP....the Dems blocked it, and literally threatened to shut down the entire Ag Department over it. The GOP was faced with shutting down the Dept of Ag, or caving to the extortion by the Dems.
What would be the downside of shutting down the Department of Agriculture?
A lot....the Department of Ag, runs for example the food inspection...which helps ensure that food produced and sold on the market meats some basic standards for consumption. In addition, the run, clean, and maintain the national forest, which are a great resource not just for leisure, but natural resources, such as timber....as well as enforce federal laws on those lands.
Yeah, because so many people were dropping dead before the Dept of AG was created. The idea that businesses are going to poison their customers is one of the dumbest ideas socialists have ever conceived.

They do a shitty job of maintaining the national forests. That's why we have all these huge fires constantly.

If the Dept of AG disappeared tomorrow, no one would even notice.
well actually yeah...people were dropping dead of pretty easily avoidable things.

People certainly would notice...it's been around independently, since Lincoln, and in some form since our founding.
ROFL! Before the Roosevelt administration it was mostly a boondoggle program for passing out swag to farmers.
 
we once again have Trumpsters pretending to be fiscally responsible and attacking others.
What trumpsters wanted was an end to the lockouts

but if you did that democrats would not have an excuse to continue your massive borrow and spend pork barrel policies

8 trillion in spending that wasn't paid for under Trump.
Why didn't Nancy do something......

It's not her thing. She has no desire to address the debt. Why do you think she does?
Cause that's her job......

Her job is to raise campaign donations. That's the only reason she has her position.

But again, how do you expect Nancy and the Dems to do what Trump and the Republicans refused to do? They don't run on the debt.
Sorry,,.,,,the GOP and Trump attempted numerous times to cut spending...blocked by the dems, and called every name under the book by their propagandist for doing so..."grandma killers," claiming htey wanted people to die of hunger etc.

The largest driver of debt, is the entitlement programs, such as medicare and medicaid...and the left blocks any attempt by the GOP to address it.

Please, stop. No one could have blocked his first two years and he could have vetoed anything. He supported things like billions in bail outs that led to the debt.

But thanks for proving my beliefs for me.
Of course they could....and did...it's called a Filibuster. For example...the Farm Bill....the GOP simply added work requirements for SNAP....the Dems blocked it, and literally threatened to shut down the entire Ag Department over it. The GOP was faced with shutting down the Dept of Ag, or caving to the extortion by the Dems.
What would be the downside of shutting down the Department of Agriculture?
I dont think any single person - and certainly not me. - can answer that question

It does some good along with the not so good

and unquestionably wastes billions of dollars each year

But every country in the work that I know od subsidizes its farmers in some way

and the reason is simple - national food security
The term "national food security" is a hoax.
 
don't support then adding to the debt. I did NOT vote for those who will do that. You did.
If you voted for some 3Rd party loser because he wants to legalize dangerous drugs or balance the budget without telling you how thats your problem

i think trump will borrow and spend less than biden which makes the choice very easy for me

The lesser of two evils is still evil. You are complaining that the other guy is going to run up 10 billion in debt while your guy runs up 8 billion. A waste of an argument.
 
we once again have Trumpsters pretending to be fiscally responsible and attacking others.
What trumpsters wanted was an end to the lockouts

but if you did that democrats would not have an excuse to continue your massive borrow and spend pork barrel policies

8 trillion in spending that wasn't paid for under Trump.
Why didn't Nancy do something......

It's not her thing. She has no desire to address the debt. Why do you think she does?
Cause that's her job......

Her job is to raise campaign donations. That's the only reason she has her position.

But again, how do you expect Nancy and the Dems to do what Trump and the Republicans refused to do? They don't run on the debt.
House sets the budget ..end of story but it's easier to play stupid word games.

Republicans had the House and Senate under Trump. They added debt. It still has to pass the Senate and the President still has to sign off on it. Trump signed off on $8 trillion in debt in 4 years.
Who have you voted for?

Last time Jorgenson. Before that Stein. Before that Vermin Supreme. Before that Bob Barr.

You are against spending and you voted for Stein? Lol, I think you just lost any credibility.

I voted for Stein because she was willing to stand up and get herself arrested over her beliefs.
 
we once again have Trumpsters pretending to be fiscally responsible and attacking others.
What trumpsters wanted was an end to the lockouts

but if you did that democrats would not have an excuse to continue your massive borrow and spend pork barrel policies

8 trillion in spending that wasn't paid for under Trump.
Why didn't Nancy do something......

It's not her thing. She has no desire to address the debt. Why do you think she does?
Cause that's her job......

Her job is to raise campaign donations. That's the only reason she has her position.

But again, how do you expect Nancy and the Dems to do what Trump and the Republicans refused to do? They don't run on the debt.
Sorry,,.,,,the GOP and Trump attempted numerous times to cut spending...blocked by the dems, and called every name under the book by their propagandist for doing so..."grandma killers," claiming htey wanted people to die of hunger etc.

The largest driver of debt, is the entitlement programs, such as medicare and medicaid...and the left blocks any attempt by the GOP to address it.

Please, stop. No one could have blocked his first two years and he could have vetoed anything. He supported things like billions in bail outs that led to the debt.

But thanks for proving my beliefs for me.
Of course they could....and did...it's called a Filibuster. For example...the Farm Bill....the GOP simply added work requirements for SNAP....the Dems blocked it, and literally threatened to shut down the entire Ag Department over it. The GOP was faced with shutting down the Dept of Ag, or caving to the extortion by the Dems.

Shut it down. That's what is being suggested by major cuts anyway. What better way to cut the budget?
 
1. Most of us are "investors", we invest in companies to hire and expand for a long-term capital gain.
2. HFTs steal the investment by "front-running". I already gave you links explaining front-running.
3. HFTs use "high-frequency trading" to steal money from investors. They are financial are leeches, QED.
4. As explained, HFTs steal from large trades of TSLA, duh. Not every trade. All the money they make is stolen from investors.
5. You can't explain any societal benefits that HFTs have, as compared to long-term investors. All HFTs do is steal investment capital intended for companies to grow the US economy.

HFTs steal the investment by "front-running". I already gave you links explaining front-running.

If you hear that Vanguard is about to enter an order to buy 100,000 shares of Tesla and you enter a buy order first, that's front-running and illegal.

How is an HFT, without that pre-knowledge, going to front-run that order?

HFTs use "high-frequency trading" to steal money from investors.

You can't show how they steal from my order, why would we believe your claim here?

You can't explain any societal benefits that HFTs have,

I can't explain any social benefit you provide, that doesn't mean you should be outlawed.

All HFTs do is steal investment capital intended for companies to grow the US economy.

You just can't show how.
 

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