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I don't believe you should rethink your approach. It doesn't help our cause to be rude with the other side. Crass posts (even if what they say is factually true) simply feed the false stereotype that traders are amoral parasites on society. It's much better to demonstrate the truth: traders are...

Buffett is a huge hypocrite. He is all for supporting anything that works for his interests and now that the government is proposing something that hurts his investments, he is against it. Granted, that's not really any different than anyone else in business. But the man should not be regarded...

Baker never shuts up, although he's now lowered his figure to $100B: http://www.politico.com/news/stories/0110/31676.html

Not sure if this was posted before. There is now a House bill for a 50% tax on bonuses of TARP recipients: ww.opencongress.org/bill/111-h4426/show

That seems reasonable. It doesn't make sense for him to oppose a bank tax and support the FTT. Thanks for posting the links.

You are correct about 4191. However, 2927 does tax non-governmental debt: maturities of less than 1 year at 0.02% and above this at 0.25%. Currencies are not taxed. Interesting point about his article being self-published. That explains a lot. I doubt it would have survived if it had gone...

Do you have a source where he states his opposition to it or is this an assumption based on his overall platform and/or history?

It's still at 3. I'm working on compiling a list of supporters in the Senate who are not sponsors. If anyone has information, please PM me.

The new cosponsor is Peter Visclosky (D-IN1). My count of the current number of supporters is 42.

This LA Times "article" is nonsense. They're just trying to put a spin on a bunch of random links by giving it a provocative title.

It may matter less now but I thought I would highlight some things about S. 2927: 1. The tax rate on futures is 0.25%, not 0.02% as in H.R. 4191. Actually, futures are not specifically mentioned in S. 2927. Forwards are mentioned as are "any similar financial instrument". Presumably futures...

A transactions tax is "intellectually honest". http://www.washingtonpost.com/wp-dyn/content/article/2010/01/14/AR2010011404620.html

http://thehill.com/blogs/congress-blog/economy-a-budget/75427-the-big-question-will-a-new-bank-fee-help Question posed in the blog: Will a new fee on banks help Democrats lower the debt and win public approval? Baker is cited at the end and plugs the transactions tax. You can post comments...

We aren't part of Wall Street; we're part of Main Street. Wall Street doesn't look out for us. If the public wants its pound of flesh, then feed them the bankers. They created the securitization mess; they deserve it. They can survive a tax on bonuses. We can't survive a transactions tax.

I haven’t heard anything from the Obama camp other than comments by anonymous officials and a press secretary who can’t give a straight answer. Until I see something more substantial I consider it all noise or idle speculation. So I think it’s important to be aware of the politics of all...

Maybe I'm misunderstanding your point. Let me explain mine again. 1. 3617 has already passed the House. Rangel is a co-sponsor. 2. The text of 4191 specifically designates that proceeds will go towards paying for 3617. 3. 4191 is currently before the Ways and Means Committee. 4. Rangel is...

There's a problem: Part of the "proceeds" of H.R. 4191 are earmarked for the Surface Transportation Authorization Act (H.R. 3617), which has already passed the House. The reason, of course, is that DeFazio is one of the co-sponsors of this so he wants to have a source of funds for his pet...

I found a list: http://www.aggdata.com/political/us-representatives.

So far my spreadsheet for 4191 has 36 Representatives for and 4 against.

I'm compiling a spreadsheet of the members of Congress and their positions on the tax bills. I would appreciate it if anyone could PM me if they have information on the positions of any particular individual member whether from quotes in articles (please include links) or letters/emails received...