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  1. J

    A list of all scam unregulated 3rd party educational vendors

    "Never tell people how to do things. Tell them what to do, and they will surprise you with their ingenuity." George S. Patton
  2. J

    A list of all scam unregulated 3rd party educational vendors

    What myths? And learning is not a good thing? You sound like you've been around the track a few times and have become very cynical. In any profession, it's important to know the positives and the negatives. You need to know how others practice their craft - good or bad. You obviously have...
  3. J

    A list of all scam unregulated 3rd party educational vendors

    That's easy - don't pay for anything. Get a free trial. Ask for audited broker statements showing profitability. Get references who will also give you audited broker statements showing profitability. I know we never think of these common sense things. I certainly didn't. But if you were...
  4. J

    A list of all scam unregulated 3rd party educational vendors

    Everything these guys "teach" is available free on the internet or in books available to everyone. After getting ripped off a few times myself, I decided to approach every "mentor" who was advertising to see if they could provide audited statements of their trading profits. To a man, none of...
  5. J

    ES chart patterns

    You might get "Trade Chart Patterns Like the Pros" by Suri Duddella. He has a website where you can review his products. He's an expert in chart patterns. But you still need to develop a robust entry/exist system.
  6. J

    Wolfe Wave course

    That's very true. There's always an ongoing conversation about the randomness of the market, whether there's really an identifiable pattern or whether it's simply stick figures, as you said. My own opinion is that there's so many players in the market that it has to be random. These players...
  7. J

    Wolfe Wave course

    The method is basically intraday pattern setups. If you do a search on Google, you'll find lots of images of the Wolf Wave. Trading these patterns has been around a long time and there's nothing wrong with them. The problem is increased volatility in the markets which makes it very hard to...
  8. J

    80% tax rate Means prosperity

    BTW, here's some good information if you want to go back to Cuba. It's not as hard as you think. http://www.expat-blog.com/forum/viewtopic.php?id=37000
  9. J

    80% tax rate Means prosperity

    [/b] Maybe you should read your own post. If you were so "awakened" in Germany, why didn't you stay there? You change your story as you go along. I don't believe for one minute that you "love" this country. You're one of those who would relish the idea of the U.S. imploding. It's evident...
  10. J

    80% tax rate Means prosperity

    You may not think the U.S. is the greatest, but for those of us who ran away from Stalin and Hitler, who had relatives murdered in GERMANY, who needed a place to go, it was either Israel or the U.S. The people of the U.S. are very generous. I appreciate this country and will forever be...
  11. J

    80% tax rate Means prosperity

    In my view the biggest problem is corporations which pay no tax, or even get a refund from the government when they are making billions. GE is a prime example. GE and Jeffrey Imelt were the largest contributor to the Obama campaign. I don't hear Obama calling for fairness and tax equity for...
  12. J

    80% tax rate Means prosperity

    Congress is NOT free to do whatever they want. They are answerable to their constituents who put them in office. And you would be hard pressed to find a majority of Americans who would endorse an 80% tax rate. You're on another planet, my friend, and you certainly don't understand how this...
  13. J

    80% tax rate Means prosperity

    The Effect of Marginal Tax Rates on GDP Growth (Sorry, you'll have to read the whole article to get the point). ...... In order to find out, we crunched the numbers. We went to the Bureau of Economic Analysis website and looked up GDP growth for every year since 1930. Then we went to...
  14. J

    80% tax rate Means prosperity

    "Tax changes have very large effects: an exogenous tax increase of 1 percent of GDP lowers real GDP by roughly 2 to 3 percent." How do changes in the level of taxation affect the level of economic activity? The simple correlation between taxation and economic activity shows that, on average...
  15. J

    80% tax rate Means prosperity

    WSJ: Tax Revenues = 19% of GDP, Regardless of Tax Rates Weekend Wall Street Journal op-ed, There's No Escaping Hauser's Law, by W. Kurt Hauser (Stanford University, Hoover Institution): Tax revenues as a share of GDP have averaged just under 19%, whether tax rates are cut or raised. Better...
  16. J

    80% tax rate Means prosperity

    Once again you chose to analyze the data in a vacuum. The data you presented does not show that high tax rates stabilize the economy. It merely compares tax rates to GDP over a 54 year period without taking into account changes in the tax law and other variables which influence the economy...
  17. J

    80% tax rate Means prosperity

    It's not anecdotal evidence. It is fact. You're analyzing your numbers in a vacuum. The numbers do not reflect or provide any evidence whatsoever that the higher tax rate provides either stability or stimulates the economy. It's a disambiguous conclusion. And there was hardly any...
  18. J

    80% tax rate Means prosperity

    What is true, as I originally posted way back, is that with higher rates you get more stable growth, for the simple reason that as real incomes rise they are taxed at a higher rate which takes the froth off a boom. You're assuming that incomes will rise. If incomes are rising, that suggests...
  19. J

    80% tax rate Means prosperity

    Well show how higher progressive tax rates help? I think you're overlooking the fact that the period from 1948-1979 after WWII was characterized by an enormous growth in manufacturing. Since 1980, outsourcing of the American manufacturing base has impacted the GDP negatively. Tax rates have...
  20. J

    80% tax rate Means prosperity

    From Der Spiegel today: "The secret of Germany's saving success is economic growth. The GDP increase of 3 percent last year flushed lots of money into state coffers in the last year. Tax revenues jumped by more than 6 percent -- and that without economy-damaging tax increases." "But in...
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