What is "The Quiet Period" on Wall Street?
Friday January 18, 2008
Wall Street is a place filled with all kinds of jargon that makes it difficult for outsiders to understand concepts that should otherwise be easy. One of these is known as the quiet period and it is designed to help avoid insider trading or manipulation of stock prices. What is the quiet period? How can you make sure you don't violate it? Take a minute to glance over this brief explanation as well as some of the changes regarding it as of the most recent rules updates that give companies certain leeway if they are well-seasoned issuers.
Ron Paul’s your guy…
Paul regularly votes against almost all proposals for new government spending, initiatives, or taxes. He has pledged never to raise taxes, and he has never voted to approve a deficit budget. Paul would abolish the individual income tax by scaling back the federal budget to its 2000 spending levels.
Rather than taxing personal income, he prefers the federal government to be funded through excise taxes and/or uniform, non-protectionist tariffs. He would eliminate several federal government agencies which are unnecessary bureaucracies. He favors the individual states governing things like education, welfare and taking care of their own roads.
Paul is also vocal in his opposition to inflation, arguing that the longterm erosion of the dollar’s purchasing power arises from its lack of commodity (such as gold) backing, which would restrain excess “printing” of paper money and consequent devaluation. Paul says he “wouldn’t exactly go back on the gold standard,” but would push to legalize gold and silver as legal tender and remove the sales tax on them, so that gold-backed notes (or other types of hard money) and digital gold currencies can compete on a level playing field with fiat Federal Reserve notes, allowing individuals a choice whether to use “sound money” to protect their purchasing power or to continue using fiat money. He advocates gradual elimination of the Federal Reserve central bank for many reasons, believing that economic volatility is decreased when the free market determines interest rates and money supply.
It makes sense people!!