tag:blogger.com,1999:blog-4411161795798360588.post192581922980974070..comments2024-03-26T09:38:39.888+00:00Comments on Borthlas: A missed opportunityJohn Dixonhttp://www.blogger.com/profile/07447224248021209852noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-4411161795798360588.post-82869632992364836152009-01-26T10:13:00.000+00:002009-01-26T10:13:00.000+00:00Gwersyllt,I can believe that he wasn't consulted. ...Gwersyllt,<BR/><BR/>I can believe that he wasn't consulted. It's part of a pattern of 'hands-off' control of the markets - exactly the sort of attitude which got us where we are.<BR/><BR/>Cibwr,<BR/><BR/>I'm not convinced about taxing it; I tend to think preventing it completely would be a better approach.<BR/><BR/>Buying and selling shares was originally about investing, but selling shares you don't own is pure gambling.John Dixonhttps://www.blogger.com/profile/07447224248021209852noreply@blogger.comtag:blogger.com,1999:blog-4411161795798360588.post-78117663352395170752009-01-22T23:02:00.000+00:002009-01-22T23:02:00.000+00:00maybe like currency exchanges, of which only 2% ar...maybe like currency exchanges, of which only 2% are actually about exchanging money to buy goods/or services, this sort of trading should be taxed - vat, recoverable after say a year if the shares are still owned by the purchaser.<BR/><BR/>I suspect I am going to be told that I am naive on this, but I understood that the buying and selling of shares were about investing in companies and buying into future profits... thus short selling has nothing to do with investment and all to do with gambling.Cibwrhttps://www.blogger.com/profile/07621705905770341542noreply@blogger.comtag:blogger.com,1999:blog-4411161795798360588.post-53369043164280236662009-01-22T17:07:00.000+00:002009-01-22T17:07:00.000+00:00In the Guardian today it claims that Alistair Darl...In the Guardian today it claims that Alistair Darling had not been consulted prior to the FSA lifting the ban on short selling bank shares...scarcely believe!! But if he is telling the truth is it not a damning indictement at the Government's attempt at joined up thinking. I just can wait for John McFall's Treasury Select Committee to report on Hedge Funds and Short Selling...the minority report will be the one worth reading.Plaid Gwersyllthttps://www.blogger.com/profile/13986006252463873835noreply@blogger.com