and complex it s bigger than they are. i hate to sound like an old fuddy-duddy, but when we worked on the floor of the new york stock exchange, there were 6,000 traders. were things fairer with people? and is that a silly argument? it s a great argument. it s easier to regulate. when they wrote a lot of t regulations, they wrote instantaneous. what is that? me talking to you. now it s the speed of light and if my service half the speed of light? it s just the fact that technology has leaped from our ability to regulate. it s not an argument against investing but it is an argument thinking that you can compete with the big boys if you are an active trader. that deck is stacked against you. camilla, thank you so much. she s the writer and producer of ghost exchange. of course, christine host of your bottom line. coming up, it is a two-headed bull shark discovered by a fisherman in gulf of mexico. creepy. doesn t have anything to do with money, but the phrase two-headed bull s
bargain have all been but dashed. the most realistic thing right now is they can work out some sort of stop gap measure, a smaller deal. you heard president obama signal that on friday when he addressed the nation. he talked about the fact that members of congress right now should just focus on making sure that taxes don t go up on middle class americans and extend unemployment insurance, so i think right now both sides are just trying to prevent going over the fiscal cliff, and then they will aim to tackle some of the larger issues after the first of the year. president obama referring to this as a working vacation. i m also told that there are conversations going on at the staff level, but we expect sort of the bulk of the work to get done when lawmakers return to washington after the christmas holiday. we also expect president obama will likely return as well. at this point right now, melissa, partisan bickering has been put aside. you have members of congress and president obama at
this issue and is demanding some kind of answer, and to a lot of people gun control seems like an easy answer. i don t think it is. i don t think it s effective. i want to work in dave. some are worried that the renewed debate on gun control might push other issues the president has to deal with the back burner. david, you wrote about this in your recent post for the independent. what are immigration advocates telling you they are most worried about? melissa, that s a good point. the president promised coming off his election where he won 70% of latino votes that would be one of the first priorities when the fiscal cliff is resolved. we don t know when that is going to happen but activists say they want to hold the president to that promise and the problem is now no one disputes that the president needs to move fast on gun control. the president has talked about, you know, quickly moving a bill on gun control as soon as, you know, his the new year comes. the problem is you have
speaker boehner will likely keep his job. i thought it was a good point, the basic argument thinking if eric cantor is the big rival to john boehner, they have been united as the negotiations have broken down and there s a lot of diciness when it comes to making a challenge to a sitting speaker even though the tea party folks aren t happen we boehner and the white house isn t happy with boehner so he s losing on the left and the right, if you will. i don t think his speakership is in trouble right now from what reporting we re seeing i want you to weigh in on the fiscal cliff negotiations. clearly democrats and republicans can t see eye to eye on how to solve a problem. neither side will concede on spending and tax cuts. has there been a m miscommunication? what tax cuts are palatable and which are now? by focusing on taxes for the top 2%, the president and the