Four Simple Rules To Reform Wall Street

Here is a cool essay on the Zero Hedge website, with four simple rules to reform Wall Street:

1. Every position in any tradable security or financial instrument must be held for a minimum of one minute.

2. A transaction fee payable to the U.S. Treasury will be levied on every order when placed, regardless of whether it executes or not or if it is cancelled, of all tradable securities and financial instruments, including those privately exchanged: $1 for every transaction of less than $100,000 in value, $10 for every trade over $100,000 but less than $1 million, $100 for every trade over $1 million but less than $10 million, and $1,000 for every trade over $10 million.

3. All tradable securities and financial instruments must be marked to market at the close of every trading day. This includes derivatives, credit default swaps, mortgage-backed securities, etc.

4. All transactions must be transacted on public exchanges with a transparent bid/ask.

http://www.zerohedge.com/news/2014-04-04/guest-post-2016-wishes-president-who-doesnt-kiss-wall-streets-rear-end

Hint: There is no one who is currently running for President who will NOT continue to kiss Wall Street's ass each and every minute of the day. Ms. Hillary Rodham is already a vile whore for the world's financial barons. If you think the Presidency would cure her of this whoredom, you are a fool.