This is a huge day," Rep. Keith Ellison announced April 17 at a press conference within view of the Capitol, referring to legislation he reintroduced for a Wall Street speculation tax with huge purpose.
Despite all the lasting harm caused by the casino capitalists, the big banks are now bigger, richer and more powerful than they were when they were bailed out in late 2008. The only ones who were punished were the U.S. taxpayers.
Wall Street is no longer serving the purpose that it was designed to. Over just the past five years, the market has changed, with individual stocks becoming pawns in a much bigger game that I feel increasingly less comfortable playing.