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Make College Free By Taxing Stock Trades, Dem Presidential Candidate Says
As the student loan bubble steams along towards the $1.5 trillion mark, pundits, researchers, and even (gasp) ratings agencies are starting to sound the alarm. While everyone is (as usual), around three years behind when it comes to admitting what’s been outlined extensively in these pages, we’re at least glad to see that the world is waking up to the fact that i) $1.3 trillion is a lot of money, ii) delinquency rates are far higher than the headline figures suggest, iii) students are never, repeat never, going to repay all of this, and iv) it is taxpayers who will eventually foot the bill.
To the latter point there, the calls for across-the-board debt “forgiveness” have already started and even if they hadn’t, and even if The White House weren’t looking at ways to make the discharge of student debt “more efficient” in bankruptcy, there are a number of reasons to believe that when it’s all said and done, taxpayers will be on the hook at least for hundreds of millions and more probably for hundreds of billions. Consider for instance that the cost of closing just one for-profit college could well run more than $200 million in federal loan forgiveness. Then there’s IBR (that’s “Income Based Repayment") in which borrowers whose disposable income isn’t deemed sufficient when it comes to making monthly payments have the remainder of their loan forgiven after 25 years. There’s literally no way to know what the cost to taxpayers will ultimately be from IBR plans, but what we do know is that an increase in the number of borrowers opting for some kind of IBR plan is one reason why Moody’s thinks some $3 billion in student loan-backed paper may be at risk for default.
So against this backdrop, America needs a plan, because as we’re fond of reminding people, one person’s liability is another person’s asset, meaning debt is never really “cancelled”, it’s just written off at some else’s expense. Ideally, opportunities in the job market and a robust economy would allow new graduates to obtain high-paying, full-time jobs which would in turn allow them to pay down their loans, but since that isn’t going to happen any time soon, we’re open to suggestions.
Fortunately, Democratic Presidential candidate Bernie Sanders has a plan that will ensure future generations of taxpayers aren’t stuck paying for their parents' college degrees: simply tax investors so the entire country can go to school for free.
Via Bloomberg:
Democratic presidential candidate Bernie Sanders wants to take from the rich in order to make public college tuition-free for everyone else.
On Tuesday, the Vermont senator will hold a press conference in the nation's capital at which he will introduce a plan to use a so-called Robin Hood tax on stock transactions to fund tuition at four-year public colleges and universities.
Sanders' bill sets a 50-cent tax on every "$100 of stock trades on stock sales, and lesser amounts on transactions involving bonds, derivatives, and other financial instruments," the group Robin Hood Tax on Wall Street said Monday in a press release.
"The Robin Hood tax would also slow the growth of automated high frequency trading, which makes the stock market more dangerous," the press release stated. "A small tax would make risky HFT unprofitable, and help reduce the excess speculation on commodities like food and gas that drives up prices, which will protect the economy from computer-generated collapses and market manipulation."
Sanders, who is the only candidate so far to mount a formal primary challenge to Hillary Clinton, argues that making college tuition-free will help America compete in the global marketplace.
"We live in a highly competitive global economy and, if our economy is to be strong, we need the best-educated work force in the world," he said in a press release on Sunday. "That will not happen if, every year, hundreds of thousands of bright young people cannot afford to go to college, and if millions more leave school deeply in debt."
There you go. Problem solved. We’ll leave it to readers to judge what kind of reception that plan is likely to get from GOP lawmakers, but we will venture to propose an alternative: make market rigging algos fund the education of the nation’s best and brightest by taxing all canceled orders. Then again, that plan would only generate revenue for one day because it would put the HFT crowd out of business overnight.
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That's actually a very good idea. Time to transfer some money from HFT to the state!
Nail gun accident in 3, . . 2, . . 1, . .
Making college "free" sounds like more malinvestment. It will only achieve an increase in unemployed young adults with degrees.
More [supposedly] quailified workers at a discount then?
These people always seem to be very confused about Robin Hood. Robin Hood stole from thieving government and have the people their own money and property back to them. Today's progressives we be calling Robin Hood an 'anarchist' or a 'right wing extremist'. While I certainly am not defending parasitic HFT firms and their rigging and skimming, I also don't want to see this government get any more money. Since I disagree with the vast majority of what they spend it on, I don't support them taking more money from anyone
I paid for my college and grad school. Do I get those payments back under the upcoming student debt bailout?
Typical Stalinist idiocy.
Once the government starts to tax trades, they will soon have all the money, and destroy the last remaining markets,
which is no doubt the real agenda.
I'm with you Zaphod...paid for undergrad and grad, as well as full tuition for offspring.
Bend over and prepare to be governed.
Maybe you guys can get PhDs. . .
and destroy the last remaining markets
you said 'markets', hahaha....
vermont's version of the village idiot -and i should know, since he poached my pal dave's (ex) wife for his own. F*****g housewrecking cuckold.
he's got to be the one that moves the thinkable thoughts on the left FURTHUR.
what an asshat - no thought to unintended consequences, no practical idea of net effects. hell yea, since there's no upper age limit, i'll coast to a useless B school degree, and drink beer while watching 20 somethings sunbathe.
welcome to vermont - we luv u.
Need more vivid details regarding what he did to your pal Dave's ex-wife...
as for Sander's housewreaking, its all out there, look up "Jane Driscoll"
Hmm, better plan: Tax Politicians for every time they open their pieholes and demand the Govt. STEAL Munny from someone at the point of a gun!
Gee, maybe we should start with the endowments ...Harvard University, has the largest endowment, nearly $32.7 billion. Yale follows, with more than $20.7 billion in endowment dollars. Princeton, had nearly $18.8 billion at the end of fiscal year 2013.
Dear Bernie,
The US can never have Euro style socialism as it lacks the semi-homogenous culture that socialism needs to work. Thus, your attempts are futile. Take care of the population in the US that makes all the money. IF you focus on "the poor" all the time -- you'll sink the nation. There is normally a reason somsone is poor.
College is now such a massive malinvestment that the likes of Businessweek and Fortune are saying it makes little economic sense for the average attendee. Close the schools, let them fail. Kids won't need a degree for a future career in being unemployed, burger flipping, coffee pulling, plumbing, or robot factory nightwatchman. All other jobs will be filled by H-1B immigrants (thanks Trans Pacific Partnership). Charles Hugh Smith's posts on the nearly free education are prescient, the equivalent of a good education is literally a click away already today, for those willing to put forth the effort (see Khan Academy on Youtube for a good example), with technology now or soon able to accreditate the actual individual, rather than the school (which merely acted as an extorting gatekeeper, pay us so we can give you our stamp of approval).
You should ask for 'reparations'...
Yes you do... and on your way home, don't forget to stop off at the food bank for that free bag of groceries that you also deserve.
It's the 2016 tax-payer give-a-way!
Vote democrat for entry.
Grand prize: Free college degree
Must be 18 or older to enter. Valid ID not necessary. Enter multiple times for more chances to win!
That's precisely the plan Zpigs, great job catching that....
Cheaper Qualified Workers = More For Less...
It will also devalue the 4 year education as well, even the masters.
Colleges and Universities are running out of money and students/families are loaned out thus the Fed will feed academia and pump out usless degrees in a few scattered months.
You want fries with that fine arts degree?
Slow down socialists! you're going to run out of other people's money sooner than you think. Start with free community college or something.
Taxing all cancelled trades souds like the perfect idea.
Lets eliminate all corporate taxes. Why tax us twice?
Stop the Fed from back stopping the loans and the price will come down.
That's right, fund the useless females going in 50,000 in debt for women and LGBT studies.
No thanks.
If we could tax all stupid things that statist said we could have a world debt jubilee by now...
Forget the classrooms. It's cheaper just to hand everyone a college degree of their choice. What do you want to be? A doctor? Attorney? Engineer? Here's your degree. Make it a PhD for everyone on the house.
I'll raise him one and put a tire around his neck :)
Bernie Sanders, an open socialist, advocating for a long term jobs program for tenured professors & administrators.
Why am I not surprised ;-)
For years he actually sported the "S" after his official name/title. Only upon seeking his Senate Lordship did he become an "I". I don't know why he bothered to change it, his constituency was alright with the "S."
The difference between a Communist and a Socialist,
is how much power they can abuse at the moment.
Someone at another site posted that a socialist is a communist that doesn't use a gun to kill his political enemies and a communist is a socialist that uses a gun to kill his political enemies.
"Every pregnant socialist delivers a bouncing baby communist."...thats an nmewn original ;-)
according to mike v, a socialist is just a communist that has not yet discovered an AK and the will to use it.
"The difference between a Communist and a Socialist, is how much power they can abuse at the moment."
Yeah, those damn Commies! How we hate them! Those damn Commies who... make pretty much everything available to buy nowadays... but we hate them so much! Because Commies are BAD! So very, very bad. So bad that everything we own was made by them... because they're BAD! Bad, BAD, BAAAD! Evil, even. Those darn evil Commies, making all the stuff that we all own and use everyday. Because they're EVIL! And it's all evil too! YES!
***ZZZZTTTT****
Sorry, I think maybe something in my logic circuits just blew; could you explain again why we're supposed to hate those evil Commies? Because if they're so bad, why do we have unlimited free trade with them? Something just don't compute somewhere.
Or is it just that we're supposed to hate whoever whenever it's profitable to hate them, and then we're supposed to look the other way when it's profitable to trade with them? Because if that's the case, then we really don't actually believe in anything but profit, do we? So any ideology being promoted by us is simply whatever it is we've decided is the most expedient tool available for us to make a profit.
There is a large difference between "free trade" and fair trade. And there is no such thing as fair trade with communists as "individual free will" is something they don't appreciate by their very nature.
And there is nothing wrong with profit when you come about it fairly.
Making college free will solve all of our problems. I'm going long beer stocks.
he is playing The Academics against Wall Street. Nice move.
Well, HE'S not getting elected. Maybe if he pulls a Bruce Jenner he can save himself.
going long eye chlorine in anticipation of that kind development
WTF?! These delusional fucks will say anything to garner a vote... This coming from one of the assclowns that caused the runaway debt problem in the first place.
Yen, usually agree with you but a $.05 per ORDER tax would be brilliant. Wouldn't affect any serious orders with intent to buy, but would quickly become real money and a problem for HFT/MM algos that have destroyed price discovery.
Its not "real money" now. Anyways, all the idiot Bernie is doing is giving HFT's a get out jail free card.
Schumer will be right behind him saying "We can't rein in the depredations of HFT's with a new law! Look at all the "money" they provide higher education!"
Politicians get so tiring with their lottery bullshit, after a while one can read them like a book...lol.
As much as I abhor HFT thieves, giving more tax money to another thief, a government that is $18 TRILLION in debt, so it can spend even more money? Nope
"Yen, usually agree with you but a $.05 per ORDER tax would be brilliant. Wouldn't affect any serious orders with intent to buy, but would quickly become real money and a problem for HFT/MM algos that have destroyed price discovery. "
FUCK THAT.
Simply enforce the God Damned RULES.
It is illegal to place orders that you do not intend to execute.
Spoofing the exchanges is already against the Law.
I'd consider a massive tax on traffic on co-located servers designed to front run retail first.
Prosecute and fine out of existance the fucking algorythmic spammers with existing laws and close down the colocated front running bullshit.
Education? Fucking pay for it yourself.
Your aspirations should not be realized at my expense.
Out of curiosity, what do you do for a living?
"Out of curiosity, what do you do for a living? "
The impossible.
'the impossible', eh?
You're not a fellow IBM reseller, are ya?
Cause that's the boulevard of broken dreams....and I'm living the dream.....
The tax would hypothetically be on sales of stocks,{1/2 of 1% on every 100 dollars} and would do nothing to stop front running and spoofing by algos.
The HF traders would still be able to load the order books and also initiate individual trades under $100.00, which by the way, they do all the time. The net losers would be retail traders and pension fund/retirement investments.
As many have already stated, the laws need to be enforced, that prohibit front running and spoofing. Both of which are illegal.
Well that should lower tuition rates. What a fucking moron. If you cannot define the problem, then any proposed solution is ....
lol...yes indeed, instead of 10% per year rise they'd shoot up 20% the first year. But they always say there can never be enough money for education, pass this and it will be proven beyond any doubt.
In the former Soviet Union and Mao's China, higher education was indeed free because that was entirely geared towards production and administration. Now the higher education is entirely job training in this country and it has nothing to do with education in the root meaning of the word. It should be entirely free.
Bullshit. In Yugoslavia it was free, and we had philosophy in high school. Not everybody was listening, of course, but those who did learned about Plato's Cave. Something 99.9% americans still don't know what it's all about, apparently, so they had to make you a movie (The Matrix). And you thought it was a revolutionary idea.
Dudeee, this whole thing is like an illusion brah! No way!
Not to mention focus on theory, abstract thinking, and not simple memory drills like in western corporate education.
Your education was still bullshit, a net waste of your time and the best of all: It was not even worth free! You guys just managed to get there sooner than others did!
Everybody makes it to the finish line!
I heard of Plato's...that was a swinger's club some years back. Plato's Retreat
A lot of good Plato's Cave did for the Serbs, Croats, Albanians, and Macedonians. Did they teach you guys anything useful?
This American covered the classics in high school too; so what? The Matrix had to ruin any reference it might've made by loading on enough x-tian symbolism to induce vomiting in thinking men. How many high schools touch on Buddhist philosophy outside Asia? Might be more useful than dualist hogwash from litte-boy-humping slave-owners who believed in "gods", eh wot?
Free, for anyone who happened to survive the purge of intellectuals with any reason to question Dear Leader, and "worth" every renminbi.
While I don't condone the meteoric rise in tuition, and do recognize the public good of non-dufuses, you pay for what you get and "free" generally means pretty fucking useless, relative to autodidactic approaches.
Yeah, I can see all of the praetorians and the busy little statesmen managing that flawlessly.
<<make market rigging algos fund the education of the nation’s best and brightest by taxing all canceled orders.>>
Publishing the names and addresses of all the crooks involved would do a lot more good, I reckon.
----
I have a better idea: Force the NSA to make all of their backups accessible --- both physically and virtually --- to the public today.
----
Sanders intrigues me.
As an orator, he convinces me that his heart is in the right place but the shit he proposes is pure controlled opposition. If I had to bet, he is a good man who is either ignorant or he is naively being manipulated. I would not bet more than $100 on that, though.
i'll clear it up for you - after watching this asshat for moar years than i care to admit, he is an earnest idiot, whose usefulness is proven in the office he is allowed to occupy.
Barry would have made an excellent doctor.
Treat the symptoms of the disease until the patient is dead.
He will probably vote for the TPP too.
The patient should shoot his doctors.
Sanders is anti-TPP
Which means that some of his campaign donors are anti-TPP.
OLIGARCH FIGHT!
The Communist is being used as a distraction.
TPP cannot be bad if a communist is against it, right?
Barry is irrelevant.
Clever little zionists and their webs.
Identify and destroy.
Dems in full redistribution. Another vote buying drive.
The are mostly communists.
Nothing is free. Piss off your socialist old man.
FREEDOM ISN'T FREE!
Have you paid your buck oh five?
It's hard for me to pinpoint exactly when our republic went full-blown banana
Jack Kennedy, bringing the dirtiest and most corrupt urban ward healing to the national level,
and then Lyndon Johnson openly using tax money to buy votes.
I have some suggestions:
11/22/1963
03/26/1964
just for starters
How about the government stop guaranteeing loans with taxpayer money and NO bailouts for the banks who make the student loans? Watch the price of an education drop, as banks won't be able to loan out money that won't be paid back.
This moron's plan will have universities raising tuition because it will be funded directly by taxpayers. As usual, when the gooberment gets more involved, the prices skyrocket and the national debt increases by another trillion.
Finally, someone who gets it.
Whenever a third party (government) offers to subsidize costs between two principals in contract with each other (higher education and student applicants), prices always rise due to the anticipated increase in the supply of money thereby creating a captured market in post-secondary learning. But polticians always pander to the voter that government can solve any problem with more taxes and regulations instead of letting competition work in the marketplace.
Obamacare is another example of government creating a captured market for the insurance companies by forcing everyone to buy health insurance. Same goes for monetary policy where the U.S. Treasury controls the only legal currency.
The indoctrination[brain~washing] won't take hold if the willing participants are required to pay for it later...
Welcome to the national lower education system. An institution that ecourages freeloading and lack of critical thinking.
Yen, you're missing the point. It's framing a great way to end the HFT/MM theft in a motherhood and apple pie proposal that Congress will find difficult to view against...
I don't think he's missing anything. There is a much easier way to end front running which is not legal....follow the fucking law and charge them! If officials will not do that, clearly the case, then why would you think it's a good idea to let them handle this. And It worked out so well when the federal government started backing up all student loans. How did universities respond to the government backing all student loans? They jacked tuition as much as 1000% in cases. Why wouldn't they. They got access to a bottomless atm! The idea of "free" higher education is a bad, bad, bad idea to begin with. It would just devalue higher education. And where are these future grads going to work? How about someone propose getting gov out of student loan business. How about someone propose following the law and actually regulate wall street like they are suppose to instead of these of the fucking wall idiotic "solutions". Cause the problem then offer an even worse solution....fucking people fall for it every time. Here's a fucking band aid for that arm I just whacked off, now don't you want to vote for me?
Make College Free by taxing Congressional pay 100%.
It would hose wall street and not affect my life at all, so whatever.
Yes, I can see it now - more degrees, better quality game show contestants! Ah, what we need are jobs, Mr. GeeZer...
The offer of a "free" (ain't no such thing), college education would not get my vote.
The offer of a free unicorn on the other hand....
Divide and rule:
rich against poor
man against woman
white against black
Christian against Muslim
north against south
east against west
old against young
Sound familiar?
Yeah great idea , picking up penny's in front of a steam roller vs nickles . Yeah that's the ticket
In very clear discussions I've had wth various friends and colleagues, I have applauded Sanders in his political views and logic. Why? Well, he may in fact be the only "honest" politician in the mess (the one who says what he'll do and then stays bought).
Of course this is also the total unionization, de facto v.de jure of the higher education system.
another chunk of the economy.
GO! BERNIE!!!
- Ned
communist ideas finally arrive to Amerikstan. students who study philosophy and sociology rather than computer science or bioenginering will get a green light to defraud their futures on the behalf of those who still attempt to escape Bernanke's war on savers!
Just what we need 2 million more kids graduating with business and communication degrees per year. Although those communication degrees might come in handy at Wendy's, McDonald's or Taco Bell. Just remember kids "its not what you know its who you blow."
Just shutdown the Fed and hang the owners and those who protect it. Take reparations for the trillions in ill-gotten gains and disperse that to the true citizenry, excluding dual-citizens and the illegals masquerading as citizens. Then let the government print the money. A much better start than this Sanders idea.
That does not make it free dipshit. Someone always pays.......
Ha HA Ha Ha...never happen. Not really a good idea anyway. It would devalue college. Although, considering the first two years of college are basically the 13th grade, some would argue the first 4 years, we could just call it "high school".
Bernie needs to upgrade the small dick socialism to BSD "Democracy" if he really wants to buy enough votes to move into the White Hut.
That same 50 basis point fee applied to Federal Reserve clearing would have yielded 5 TRILLION dollars last year.
Enough money to eliminate all existing federal taxes, and still have over a trillion left over to pass around to edumacated fools and still be cash flow positive.
Yipee Yi Yipee Yip Yipee Yip Yip Yip. Make it all free so that by the time I get my masters I can teach others the philosophy of the Q99X2 AND FAIL the bastards if they don't listen to me. As it is nobody listens to the Q99X2.
Gotta pay trade tax on the UK....
Make college free by seizing and redistributing career whore politicians ill gotten wealth, perks and benefits
Talk to the average 20 yr old American compared to the avg 20 yr old European/Aussie/Kiwi and you'll realize this country could use a hell of a lot more education.
Bernie 2016.
And for all you people who consider free education some sort of price distortion or "malinvestment", have fun talking/dealing with dumb as shit Americans for the rest of your life.
One can talk to college graduates every day, they're now barmaids, waitresss' and bouncers.
Free or not, they have to have an aptitude for the field of study chosen and the drive to capitalize on what they learn.
Choosing the right courses helps too ;-)
Yes dey iz, if dey haz good FICO. The perfection of the system is that only imagres can make change correctly.
I didn't want THIS. I'm already genius. Stupid does not impress me.
Since the first 13 years of school, which were "free," were a complete failure, we should just throw in 4 more years because these "dumb as shit" graduates will surely be able to do college level course work? Have you ever thought of running for office?
Your point is no doubt valid. The culture of anti-learning that has been ingrained in this country by folks of your political bent has destroyed this country. That being said, if a few kids can get an education out of Bernie's proposal, I'm all for it.
I talk to a bunch of European kids all the time who I would swear they are 25/26/27 years old (age they might be if they were Americans) and they often are 19/20/21 years old. You talk to a bunch of 27 year old Americans and you are often forced to veer the conversation into the ditch. Like I said, this is mainly because of people like you who have made knowing anything about anything "not cool" (starting with Reagan). Congrats, put up your flag, you won....America is dumb as shit. People always say that America has slipped significantly in terms of education, and they are absolutely right. I witness it every damn day.
Like I said, enjoy dealing with, talking to, relying on when you are older, DUMB AS SHIT Americans.
"because of people like you who have made knowing anything about anything "not cool" (starting with Reagan"
You have no idea what you are talking about. I was still in elementary and middle school when Reagan was in office. And for your information Einstein, I was one of the uncool ones in school because I actually took my education seriously and studied. The people who made learning uncool worked in Hollywood. Those who thought learning was for nerds, parroted what they saw on TV and in movies. They did as little work as possible to get by and were much more interested in keeping up with the current pop culture fads and entertaiment manufactured in Hollywood for sheep consumption. Also, I have a degree in engineering, so to say I would think "knowing anything about anything" is "not cool" is absolutely asinine.
BTW, did your dad pull some strings to get you that law degree at Costco?
http://www.hark.com/clips/sjvgwzzrcr-went-to-law-school-there
I like the tax on stock transactions -I also like eliminating low capital gains taxes, except for investing in companies that bring back manufacturing and real investment that produce jobs and real progress-no more free ride for the speculators.
I also believe that education should be subsidized for students who are worthy -engineers, scientists, farming -not for people to get worthless feminist studies degrees -take out subsidies, student loans, and grants for worthless liberal arts degrees and the market will quickly require that colleges cut down their tuition (and enrollment) for such worthless degrees. Technical schools are for most -4 years of learning nothing but bad habits, binge drinking and sex -needs to end. Our country is bankrupt. Either work or study for a real job -or starve-or live in your parent's basement sponging off the baby-boomers, who helped create this mess in the first place.
By the way -bash Bernie all you want - but the establishments hacks/whores for both parties -are far worse.
He's not my first choice-- I like paul Craig Roberts and david Stockman (old reagan boys), Pat Buchanan has aways been my number 1 man -Ron paul Also I've known Pat and Ron for many years from various events over the past 30 years. (I like rand in the current group, but he's really been flaky lately) I have voted for Ralph Nader -I have a "Putin for President 2016" T-shirt -but he's pretty much a longshot unless we are stupid enough to start WW3 with Russia and lose.
That being said -the psychopaths -Bush and Hillary - will likely get the nomination. I have no preference for either of them -they are both psychopaths who serve the NWO and the degenerate elite Oligarchs who run this criminocrasy that we call AmeriKa. .
I contributed and voted for Buchanan in the 92 primaries. I even had his placard in my yard in Hinesville, Ga.
its FREE!!
This is evidence that academia is catching on to what the banksters are doing to America and an attempt to buy them off.
"Academia" has long been the forward tentacle of OCTOPUSSY.
Or we could have Bernie and the Bullshitters (that'd be ALL the Folkspersons' Spokespersons) relinquish all illicit gains over their MANY years in Public Service and agree to 10 years, Rikers, General Population Units or, Public Harikiri with a Japanese Giant Bongo Band! It's all about choice!
"Make College Free By Taxing Stock Trades, Dem Presidential Candidate Says"
If he knew, or cared where most of the fiat that is used in the market came from, he'd know that the only results would be more "printing" by the banksters and more theft from the economy-- and richer college administrators.
Just more "look over here, not there" distraction and diversion from Zion's machinations. It's designed to make the sheeple think that someone has noticed and cares of their plight.
Pols and crats. Criminals and scoundrels. One and all..
Liberty is a demand. Tyranny is submission.
"If it's free, the product is you."
... and tax the middle class more to pay gender studies graduates $100k a year!!!!! Anyone who votes for me gets free money!!!! Ding! Ding! Ding! Ding!
fifty cents for every hundred? That's about what is actually there in capital in these leveraged markets. That would take away the trading capital of most of the HFTs out there probably. It certainly wouldn't work in the derivative world.
Yet another example of government lagging the private sector -- HFT firms have been taxing every US stock transaction for years!
With just the LIBOR skim we could have paved Africa!
Hey, maybe we could make colllege free by not paying the teachers like Elizabeth Warren $300,000 a year to teach one or two classes?
It sounds fine to me.
More Libtard stupidity; why, there's free money for everything. Because up 'til now, all these boondoggles like this work perfectly, only they never do. How about this idea Bernie: Let's tax family foundations that give 10% to charity and spend the other 90% on themselves? I'm sure Slick Willy, Cankles, & Chelsea won't mind a bit.
www.traderzoo.mobi
Kill 2 birds with one stone. Don't only tax executed orders. Tax orders placed that are withdrawn before execution. Tax the market to fund schools and stop HFT price manipulation at the same time.
How much could we generate by taxing the shit out of Congressional insider trading profits?
Our young People will get all the wrong ideas if they get an education.
Did you mean indoctrination?
Recycle ALL socialists NOW
Recycle ALL socialists NOW
Render socialists for their water content, and the balance for their BTU content. It's the only repurposing I can imagine giving back to the community for them. ;0
Great!
Just what we need........every kid smart enough to sharpen a pencil given the "free" education of their choice, with the dupe taxpayer left to foot the bill (yes, that shit will trickle down from the robot traders, right on down to you guys too)
LOOK MAH, I GOTS MEE A DiGREE IN FIZIKS! I'M LIKE ALFRED EINSTEIN NOW!!
It'll probably happen too. Maybe not with Ol' Bernie here, but somewhere down the line, it will.
Lawd help us all.
Physics would be OK, by why should taxpayers pay for "What If Harry Potter Is Real?" (Appalachian State University) , "God, Sex, Chocolate: Desire and the Spiritual Path" (UC San Diego) , "GaGa for Gaga: Sex, Gender, and Identity" (The University Of Virginia) , "Philosophy And Star Trek" (Georgetown) , "Invented Languages: Klingon and Beyond" (The University Of Texas) , "Arguing with Judge Judy" (UC Berkeley) , "Getting Dressed" (Princeton) , "How To Watch Television" (Montclair) - and many more I'm sure...
Educated into imbecility.
While I wasn't going to vote for Bernie Sanders because he is running as a Democrat and I voted for Ralph Nader three or four times, I will vote for him in the primaries. If he doesn't win, I will vote for Ralph again.
What Bernie needs to do is to convince Amal Clooney to be his Vice Presidential candidate. He would win! She has charisma, is from Hollywood, very attractive, much younger for when he has a coronary, and she has provided legal support to Julian Assange and has a great human rights record.
Sanders/Clooney for President!!!
All you Anne Randers can go such eggs!
Bernie Sanders is a very smart guy as well as an experienced politician. I hope this is his first arrow in a quiver-full to activate Americans toward solving our problems and returning to the Constitution. It will sure make him popular with college-age voters!
Berrie Sanders deserves a special Haitian ceremony involving vulcanized rubber, just because, and for no other reason necessary because he's a socialist. No socialist, by ideology would ever defend the US Constitution. A socialist defending the US Constitution, my my...now I've heard it all.
A 0.5% tax on trades discourages all speculatives trades where the profit/expected potential profit is not significantly more than 0.5%. In other words, it will halt almost all day trades including HFTs since all HFTs are day-traders. Since all profits of day-traders are already taxed at shortterm capital gains rate, it is not clear whether the tax revenue lost from the capital gains not made by day traders will be more than offset by the tax revenue from the transactions of the rest. It will be an effective tool to curb excessive shortterm speculation, but its usefulness is generating additional revenue to fund to some expenditure is suspect.
I was old enough to appreciate what I witnessed.
One day I don't know why, my friend gets me to sit in the nose bleed seats, on a nothing day. All of a sudden Herschel Walker runs up the steps. We're at the roof. Herschel touched the roof, bent his knee and prayed to his god. Then he ran down the steps. Then 3x he came back and did it over.
I have never been the same. He raised the bar for me.
To this day.
Moar three shits.
I need a free car. I need a free swimming pool. I need someone to subsidize my heretofore atrocious baseball gambling for 2015. I need a free vacation. I need a bottle of tequila. Someone else should pay for it.
Seriously, it's interesting how real wealth has actually decreased with a more educated populace. I remember being forced to believe that canard, go to college and you'll be wealthy. True for a few, not for most.
I'm sure making higher education 'free' will also encourage prospective students to make responsible decisions about their choice of study and allocate their time wisely. I'm sure making college 'free' won't encourage them to choose something like Medieval Czech Finger Painting as a major and spend their time playing Xbox, hitting the bong and pounding the Natural Light.
If your dick works these things will come, Nan. Work on your technique.
Hummmmmmmm hummmmmmmmm hummmmmmmmmm
mmmmmmmmmmMMMMMMMMMMMMMmmmmmmmmMMMMMMMm
Your delta tau name is rrrRRrrRRRrrrrrrRRrrRRRrrrRRrrrrRRRrrrRRrrrrRRRrrrRRrrRRRrrrrrRRrrRRRrrrRRrrRRRrrrRRrrRRR. If you're Swiss, thats yoyoYOYYOYOyoyoyuoyiooYOYYOYOyooy. Legarde.
I laughed so loud after reading the title that people in the hotel lobby were looking at me.
What the fuck is wrong with you, that you don't know that humming on a pussy makes a wife happy?
Perhaps I should not try so hard in bed.
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