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the following links for further reading.

Any solution is going to require the imposition of taxes on all financial transactions in order to dampen speculation and put economic incentives back on course to favoring real investment:

Currency Transactions Tax - List of Papers, including  the original Tobin Tax proposal

Destabilizing Speculation and the Case for an International Currency Transactions Tax

Why the U.S. economy now depends on asset inflation bubbles - Thomas Palley

More reading on why the financial system is inherently bad

The DailyKos diary is at http://www.dailykos.com/story/2008/3/3/9553/67940/30/467808

by NBBooks on Mon Mar 3rd, 2008 at 10:11:09 AM EST

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