Rational-izing

I've said it before, Congressman Dennis Kucinich's proposal to place a 4% tax on stock transaction addresses the revenue side, while placing a necessary break on speculative behavior.
I also think we need to return to 50% plus marginal rates over $1 million. It's how we paid for WWII. It's the only option we have. Let's see the rich try to reallocate their assets to escape it now. If they leave, fuck them. But it will have a rationalizing effect on investment. And for the long term, that's what we need. We need to re-structure the financial system to provide jobs for people, to provide adequate services for people, rather than an upswirl of ephemera that in the end served nobody.