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+1. I like Stanberry's stuff, and this article nails it!! Corruption on both sides of the isle, but the Democrats and Unions are absolutely destroying this Country.

+1 It is how the liberal democrats have gained their power....buying votes. When all societies collapse, the finger will point to democratic policies and class warfare...all in the name of their own power and greed. How does someone like Harry Reid, who when he got into office had a low...

Treasury to charge banks for risk monitoring http://www.reuters.com/article/2011/12/29/us-financial-regulation-fee-idUSTRE7BS16U20111229

I think I am going to start emailing these "journalists" who write pro FTT pieces. Just walk them through how this will put me and 100,000s of people out of jobs. Do some basic math, point out how this falls on investors, how TARP paid back in full plus interest, and how a levy is the only way...

Yup. But remember this is what they want. This is a political war against free markets and capitalism. Period. They want wall street gone.

One last thought. How they blame wall street for the meltdown. MBS and CDS aren't even traded on an exchange. Ok, off to a holiday party...have a good weekend fellow traders. Need to stop thinking about this for my sanity ;-).

Here is another fact: For every $6 in FTT tax they would have gotten from me, IRS loses $3.2 in capital gains tax from me. So, they say "hey we can get $6 from Stok in FTT!". But since I am outta business they lose $3.2 in tax revenue. That is what is so dangerous how they spin this...never...

Oh I am out of business with the 21% annual haircut. Just showing how much more damage is done with liquidity sinking like the titanic. We have a big war with these libtards for sure!!

Also add in the fact that the liquidity in futures and forex would drop dramatically and spreads widen, I would double that 21% number. I'm outta business.

Was going over numbers again as I have some scotch. I system trade 7 markets (5 forex and 2 financial futures). I swing trade, hold few days average and about 14 trades a month. Risk 1.5% a trade and average leverage is only 2:1. The defagio tax would take off 21% a year of my returns! Insanity...

What is the status of the defagio bill?

The only good thing on the political front is that 2010 was a Rebulican ass whooping and should continue. Intrade had a Republican majority in 2012 in the Senate as 75% chance and keeping the house. I worry odumbo can win with the current field. Also mentioned above, the heavy democratic states...

The NYT is so pro liberal democrats it's insane.

There is an economic WWIII starting between her and the UK.

+1. The day will come when finally everybody in the US will realize what the democratic party has done since FDR to gain power ans votes for their own selfish needs. Unions and democrats are the two biggest power hungry and thuggish organizations in the world. It will be the end of the USA...

This is WWIII being fought with paper money this time.

Ah, fauck, the liberal professors are at it again: http://www.foxnews.com/us/2011/12/09/nyu-to-offer-two-classes-on-occupy-movement-next-semester/

Britain is not about to get sucked into the mess of the Euro and the FTT!! Good for them...and smart to keep the Pound when this whole flawed Euro mess was invented. The Euro is doomed, period. The day will come when it all collapses and these Countries tell Germany and France to fuck off...

Reuters is liberal spew. Get ready for more. The whole world is being taken over by libtards like damn zombies. A war is coming soon.

With greed, at least someone can reason and make smart decisions :D Roosevelt and FDR and the "Great Society" was the beginning of the end and how the democrats have used lies and guberment handouts to gain more and more power. I might as well go ahead and write the book about what brought...