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I agree. We all know a "pound of flesh" was going to be taken from somewhere, lucky for us the direction is away from the STT. We are in the clear for now, but this thing will pop up again. We need to stay on top of this.

I have always liked Britain. If the weather was better and the taxes were not so high I would consider living there for a little while. The people are among the friendliest in Europe (unless you cheer on a competing football team)

This seems to be very coordinated now. Notice the list of talking points to argue when certian anti tax rebutals are brough up. All of the same stuff you hear from the likes of Baker and Krugeman. This is really getting traction among the far left progressives in the US and socialists in Europe...

Nothing new. Bogle has been on a witch hunt against speculators for years. Speculating (i mean investing) on the future prospect of a company growing on a fundamental level is the virtuous path, all else is useless gambling.

The Legislative Process from http://www.whitehouse.gov/our-government/legislative-branch The first step in the legislative process is the introduction of a bill to Congress. Anyone can write it, but only members of Congress can introduce legislation. Some important bills are traditionally...

It has to go through Congress.

You don't get more "main street", "middle America" than that. Good to hear their perspective, they carry alot of weight in most States. Given there are 2 Senate seats per state, ultra liberal highly populated states like California have the same number of votes as Kansas, Texas, Wyoming, and...

Furthermore, when countries with the most to lose look into it deeper they will find non G20 counties pose as much of a threat if not more of taking transaction business. With that being said, we are dealing with politicians here so the threat is still very real.

The important thing is how many democrats come out against it, Republicans have been toeing the party line (smaller government, less taxation). It does not look like it will make it past the Senate even if the House finds a way to get it there. On top of that the administration is not for it...

I can think of very few things that has had a global consensus throughout the history of the human race. One thing is certain however, nations will do what is their best interest above the interest of other nations most of the time.

I am afraid you are probably right...

Germany, and other countries have come out against putting this tax in place anytime soon. Top administration officials have said it would only work on an international scale, and top congressional members have come out with the same conclusion. In the Senate the Republican response has...

Sorry Robert, I just edited the correction.

Robert, I just joined your trader association on facebook. Thanks for taking the lead on these issues.

http://www.opensecrets.org/industries/mems.php Check out who is the #1 recipient for Securities/investmests is in 2009 - 2010. Other Key Democrats to watch: Kirsten Gillibrand (d-NY) Harry Reid (D - NV) Chris Dodd (D - CT) Also big recipient from Hedge fund industry Bennet Michael (D...

Stabbing some of the largest employers, supporters, and campaign contributors in the back is not what got pols like Shumer into office. If you are a large industry or corporation in your state one of the most important things that you do is line the pockets of key policy makers in the form...

Scott, Tom Green, and anyone else with a audience: You might want ask how they plan to generate 150 billion per year now that they plan to exempt mutual funds, retirement accounts, small investors, and drive off "useless" speculators. The numbers do not add up.

Good job Scott.

Saunders is one of the only people over the past few years to actually call himself a "socialist". Others shy away from the socialist label and the socialist democrats now rally under the banner "progressive". It sounds better and does not stir the negative response "socialst" does these among...

Maybe the 100k watermark that has been added.