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View Diary: Senator wants to use gambling laws to regulate Wall Street (211 comments)

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  •  two very powerful, very simple ideas (4+ / 0-)
    1. bring back Glass-Steagall--the reasons it was passed in the first place have not changed; and
    1. impose a transaction tax of some fraction of a cent on every trade. Immediately, Goldman Sachs et al are either paying significantly more in taxes to the government, or they cease destructive/anti-competitive trading practices.

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