Let's put the solution out there and cause upheaval, so that the persons unable to come to terms with the reason behind this proposal quit reading before their economical knee-jerk reactions cause them harm:
Every stock, stock option or secundary investment vehicle when purchased, has to be owned for at least a year.
But...! I know. Don't worry.
But this will make it much harder for companies to raise money! Existing companies will not find difficulties attracting money if they are running a sound business. It will be harder for highly improbable and hypothetical start-ups, yes. Venture capitalists, however, tend to invest for much longer then a year into companies that are unlisted.
But given the amount of transactions made on a daily basis it's nothing but a practical impossibility to keep track of who owns what for how long!
But, then again, the number of transactions will change enormously. Since stocks are no longer owned for split seconds... you get the math?
But if volume declines so steeply, price fluctuations will actually increase! Or, more likely, prices will be a lot more stable, as rumour and massive sell-offs will become much less likely. There will be no automated sell-offs, less possibility for panic, thus no more flash-crashes and a lot less crisis. Cheap deals will still get picked up. But no longer will people with the right instruments be able to leech off of small fluctuations in share prices, at the expense of others that buy and sell. They do not create value on those transactions.
But then how will bankers, short-sellers and the other leeches on the real economy make money? They will probably engage in what by this very action will rightly be denounced as crime, arrested and go behind bars.
Wednesday, June 22, 2011
Saturday, June 4, 2011
Top 10 crooks
1. Ratko Mladic.
Well known for his feats in Bosnia-Herzegovina, we think this person most fully represents the foul and twisted sides humanity harbours in our times. This crook would not have to be embarrased flanking Adolf Hitler, Josip Stalin, Pol Pot, Mao Zedong or other ruthless, cold-blooded mass murderers.
2. Mu'ammar Khadafi.
Hailing from a different archetype of inhumans, Khadafi represents the 'dictator gone mad' to the fullest extent. This modern-day Mobutu is clearly completely off his rocker and highly dangerous.
3. Benjamin Netanyahu.
Illustrating one of the most extreme paradoxes of contemporary inhumanity, this person was chosen to represent the state of Israel. Chosen among the peoples of the earth to be subjected to great unjustice and suffering, a democratic majority in this country today shows they've learned quite little from these experiences. Or is that 'quite a lot'?
4. Lloyd Blankfein
Lloyd Blankfein leads a company that sold it's customers expensive products that they knew would fail. They followed this up by making money off this knowledge and thus off their customers. Oh, they also help countries hide their deficits. Thank you, Lloyd Blankfiend.
5. Mahmood Ahmadinejad
It was hard to distinguish either the 'cold-blooded murderer' or the 'hallucinating fruit' blend of tyrant in Ahmadinejad. But thanks to his outrageous religious fanaticism, he eventually made so much friends in group number 2 that we couldn't bring ourselves to put him anywhere else.
6. Zahi Hawass
The man may not be a murderer. But he's trying hard to make it into the top even without that questionable title. An embarrassment of monumental stature, we hope he'll fade quickly from Egypt's legacy.
7. Ramzan Kadyrov
"The Tchetchen Stalin" as he was called by the journalist he had assassinated later on, Ramzan is not even popular in Moscou. That's a feat for any crook.
8. Jacob Zuma
As president of the most developed nation in Sub-Sahara Africa, this man chose to lead by example. Bad example, that is. Reducing AIDS to something to be showered off, openly stating he would beat up homosexuals and claiming to be God's stand-in for South-Africa until the second coming he is a shining example of how not to run a country.
9. Kim-Jong-Il
Starving your own people into obedience while maintaining a nuclear threat constantly embarassing 4 of the most powerful countries in the world? About as inhuman as they get.
10. Bashar al-Assad
Our last inhuman seems to be suffering from an inferiority complex towards his father. Probably due to the fact that he was only heir by default, it inspired a failed nuclear programme, failed economic reforms, failed international haggling, the slavish following of Iran and now the failure to suppress a popular revolt.
Suggestions for improvements or modifications to this list are always welcome. If you are offended by anything in it, you're probaly n°11.
Well known for his feats in Bosnia-Herzegovina, we think this person most fully represents the foul and twisted sides humanity harbours in our times. This crook would not have to be embarrased flanking Adolf Hitler, Josip Stalin, Pol Pot, Mao Zedong or other ruthless, cold-blooded mass murderers.
2. Mu'ammar Khadafi.
Hailing from a different archetype of inhumans, Khadafi represents the 'dictator gone mad' to the fullest extent. This modern-day Mobutu is clearly completely off his rocker and highly dangerous.
3. Benjamin Netanyahu.
Illustrating one of the most extreme paradoxes of contemporary inhumanity, this person was chosen to represent the state of Israel. Chosen among the peoples of the earth to be subjected to great unjustice and suffering, a democratic majority in this country today shows they've learned quite little from these experiences. Or is that 'quite a lot'?
4. Lloyd Blankfein
Lloyd Blankfein leads a company that sold it's customers expensive products that they knew would fail. They followed this up by making money off this knowledge and thus off their customers. Oh, they also help countries hide their deficits. Thank you, Lloyd Blankfiend.
5. Mahmood Ahmadinejad
It was hard to distinguish either the 'cold-blooded murderer' or the 'hallucinating fruit' blend of tyrant in Ahmadinejad. But thanks to his outrageous religious fanaticism, he eventually made so much friends in group number 2 that we couldn't bring ourselves to put him anywhere else.
6. Zahi Hawass
The man may not be a murderer. But he's trying hard to make it into the top even without that questionable title. An embarrassment of monumental stature, we hope he'll fade quickly from Egypt's legacy.
7. Ramzan Kadyrov
"The Tchetchen Stalin" as he was called by the journalist he had assassinated later on, Ramzan is not even popular in Moscou. That's a feat for any crook.
8. Jacob Zuma
As president of the most developed nation in Sub-Sahara Africa, this man chose to lead by example. Bad example, that is. Reducing AIDS to something to be showered off, openly stating he would beat up homosexuals and claiming to be God's stand-in for South-Africa until the second coming he is a shining example of how not to run a country.
9. Kim-Jong-Il
Starving your own people into obedience while maintaining a nuclear threat constantly embarassing 4 of the most powerful countries in the world? About as inhuman as they get.
10. Bashar al-Assad
Our last inhuman seems to be suffering from an inferiority complex towards his father. Probably due to the fact that he was only heir by default, it inspired a failed nuclear programme, failed economic reforms, failed international haggling, the slavish following of Iran and now the failure to suppress a popular revolt.
Suggestions for improvements or modifications to this list are always welcome. If you are offended by anything in it, you're probaly n°11.
Top 10 crooks
Statler Salad is ashamed to announce it is preparing a list of the 10 living persons deemed the most disgraceful to humanity in general. Lists of criteria have been considered, then rejected, as none were found satisfactory -as of yet-. Nominations will be welcomed.
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