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I believe the actual language exempts trades of less than $100,000 from the tax. The authors seem unaware that exchanges pay the Prime Brokers as Supplemental Liquidity Providers, and that the Prime Brokers are exempt from most fees, and from settlement delivery deadlines. I...

If Geithner stays the Demos will get wooped. But worse and more to the point the COUNTRY will continue to get screwed by the Wall Street enablers. Eliot Spitzer for Treasury Sec and Brooksley Born for SEC Chair Elizabeth Warren for FDIC Chair. Yes Dimon over my dead...

So am I. Having had one company looted out from under me by a hostile takeover because it had retained earnings for R&D and no debt, and another refused an IPO because we intended to manufacture exclusively in the US, so am I. Investment banks take pension funds and loan them to...

The analysis essentially misses that most Chinese did not preticipate in the Chinese economy as end consumers until the 2000s, and the Chinese internal money supply was tiny in relation to it's population. The US bust of 29 was caused by a burst stock bubble that made a cadre of people...

It is going to be interesting to see how this plays out. In my estimation, Wall Street invested, a trillion dollars in US pension funds, that in combination with the investments of GM, GE, Boeing and particularly Walmart provided seed capital for China, In Wall Streets case while looting...

If you were talking about the "privatization" programs where KBR does the Army's laundry badly and at twice the price, or Haliburten, or Blackwater, or the way the NAVY is not allowed to overhaul it's own ships but has to pay twice the price for half the overhaul, then I agree with you that the...

http://en.wikipedia.org/wiki/Fractional-reserve_banking The truth is that when you put $1000.00 in the bank, the bank can lend out $900.00 of it. If the 900 is deposited deposited in the bank by the borrower. The bank can lend out another $810.00 If that borrower keeps the money in the...

Go to http://www.Recovery.gov I don't think that it is at all detrimental, but slow. It is in fact a patchwork of everything imaginable, only 1/4 of the money has been spent, and about half of the grants have not yet been awarded.

Agreed. And the H1B Visa programs. Engineering programs are being closed because engineering graduates can not get jobs, yet companies are certifying a shortage so that H1Bs can be imported. Sick

Writing a book is sometimes the safest thing to do. I had his book, Confessions of an Economic Hitman next to Liar's Poker on my bookshelf years ago.

Yeah. What capitalism has to worry about are the capitalists that become big enough to prey on other capatalists and everyone else.

Got your causes and your effects crossed up there chief. The party of Gold started out in the 60s to capture the narrative and government. It started with the sponsoring of the McLaughin Group on PBS. GE finally got it's candidate in when St Ronald was elected, and his SEC no longer...

I too am disappointed that Obama has chosen the same set of crooks to handle the financial regulation in his administration that guided it into the mess in the first place. However Iran is not a smoking crater, and the militant recruiter's wet dream, our 5 deferment chicken hawk vice...

What is really interesting is that as far as I can tell, some sort of naked short selling has been happening on Wall Street for 90 years. This is from a 1929 Time Magizine Article. Saunders bought back more stock than the company had issued. Note that it was the BOARD OF GOVERNERS of...

10.2% None so good. http://online.wsj.com/article/SB125750615497133489.html

Oh I am disappointed in Obama. I wish he was the man that Allen Grayson is. But I MISS Ross Perot, I really do. Actually we need a reincarnation of Teddy Roosevelt. One could probably power Manhatten by hooking him up to a rotor as he spins in his grave.

I have to admit that I have not yet looked at your link but, have you had a position stopped out 6 points below what was market by a second ago by a 15,000 contract market sell order, then an immediate buy after the stops were popped only to see the market resume it's direction upwards? Now who...

Scat and you too Lucrum. Please enlighten us as to how things would be better if McCain were in office. The Republicans did not enforce the regulations on the books, and the DOJ took action to keep individual states from interfering with companies writing loans with no docs, and balloon...

Every other Western Democracy has Govt run healthcare and if we have it is is UNCONStiTUtional? We are not smart enough to figure it out? We have to let our citizens die? We don't have none-healthcare personal sitting in judgement right now? Bullshit Please Republicans have...