Nader Policy: Economy

Nader/Gonzalez favor a securities speculation tax. Securities speculation -- buying and selling blocks of derivatives to profit from rapid fluctuations in price -- is one cause of the escalation in oil prices at the pump, the mortgage industry meltdown, and the dot.com bust. A securities speculation tax would reduce speculation in the markets and increase stability.

Nader on Speculation Tax

Corporate crime costs Americans hundreds of billions of dollars a year. Tens of thousands of Americans are killed each year and hundreds of thousands of Americans injured and sickened each year by preventable corporate-bred violence. From pollution, medical negligence, procurement fraud, product defects, and financial fraud, to antitrust, public corruption, foreign bribery and occupational homicide, corporate crime is widely ignored by politicians – yet acutely felt by all Americans.

Nader on Corporate Crime

Nader has been on top of the issues befoe they develop into issues that the public finally wakes up to....


the economy & the structure & the nuts & bolts of the predatory capitalists
is a current example.

there was a guest interviewed by radio show host Jim Bohannan at early dawn (Wednesday a.m. the 1st of Oct) and the guest was outlining about the same taxing of derivatives & excessice compensation that Nader has vocalized about for years now.

for example the taxing would be a mere .01 cent on $4.00 of face value of those CDS & other exotic and un-regulated securities.
And, executive compensation that exceeds 25 X the pay of the avg. worker would not be permitted as a business expense....
As it is now, some Corps plunder the tax system by paying some Execs as much as 400X the wage of the line worker and charge it All off as a business expense.


to the un-inlightened, Nader sometimes sounds like a socialist but as one understands his positions you'll see he is an Equalizer...
and ready to purge the rats in the government infrastructure...
if elected.

Originally posted by St Udio
Nader has been on top of the issues befoe they develop into issues that the public finally wakes up to....


the economy & the structure & the nuts & bolts of the predatory capitalists
is a current example.

I agree with your assessment of Nader, I only ask that you be careful when referring to those you call predatory, as capitalists. Those people don't want a free market. They want a rigged market. There are plenty of honest capitalists out there, its just a shame they don't have the power to keep their competition honest as well.

They are doing a vote tally at 7-11 by how many red or blue coffee cups people buy. Funny thing is, they are not going to count how many people choose, none of the above. My guess is that none of the above would win and they are not going to tell you that. Nader would be a good version of none of the above.

yet nader wont top 4% for the vote. this is all dreamland... back in reality its obama v mccain