So Wall Street is eager to get the ability to measure time to 100 billionths of a second - no doubt to enable even faster high-speed trading. Wonderful! This is further evidence, should any more evidence ever be needed, that Wall Street is a rigged casino - the ordinary investor need not apply. Further, the alleged "economic contribution of efficient allocation of capital" that is served, used to justify the financial sector's increasing portion of GDP and profit, is a fantasy sold to us by the millionaires and billionaires manipulating the system for their own greed. What is needed is a transaction tax - a very small charge added to every financial transaction, to fund the SEC, CFPC, and other anti-fraud, anti-financial abuse agencies. Funds collected could also be held in reserve to fund the next bailouts, so the taxpayers wouldn't directly have to pay all of it. The faster the Wall Street wizards trade, the more transactions they would pay... it might change the Wall Street insider's perspective from 'ever-faster gaming of the system' to 'finding actual companies adding real value to their products for their customers'. For us ordinary retail investors, it would be a small added cost (a few cents on a thousand dollars seems about right...) paid infrequently as most investors, even "active" retail investors trade only a few times a month, at most.
Lakers, good luck with that. #dubsdynasty.
Finally, a ballot measure here in California I can excitedly get behind! I'm so sick of having to change clocks twice a year. This one couldn't have been financed by some wealthy tech bubble boy, it makes too much sense.
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are you really ok with kids going to school in the dark? i don't remember the year in the 70's when the U.S. had year-round daylight saving. It was terrible in the winter.
I'm all for no changing of the clocks, but why not year-round standard time?
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I meant I don't remember *which* year it was. I definitely remember walking my kids to school in pitch dark!
"Are you really ok with kids going to school in the dark."
Absolutely. I am tired of having my life dictated to by what is perceived to be best for a 9 year old. This is a modern nation with a modern economy. It is time for nationwide year-round daylight savings time.
Here's a really easy 2018 California ballot measure to vote yes on: the California Farm Animal Confinement Initiative.
When passed, this will "ban the sale of meat and eggs from calves raised for veal, breeding pigs, and egg-laying hens confined in areas below a specific number of square feet". It will, in other words, improve the horrific conditions in which our food is raised, and the quality and safety of that food.
Who cannot say yes to that?
Thank you. Harriet in San Francisco
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