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Just saw the video on CNBC, this guy Mishel, was the one that testified last month in mid october in front of sub committee on house ways and means, there own little jobs summit. He sparked people into a frenzy that day and started journalists writing alot of articles. That forced the house ways...

Dam missed it all on CNBC and Bloomberg. The 3 year thing is what I was posting to someone on here yesterday, it was from an article that the unions were pushing for. Was the person on their pushin that from a union. I will see if I can find the cnbc video.

Everything on the Huffington Post this past few months has been totally for the tax!

In regards to the healthcare plan in the senate, the excise tax on cadillac plans tax, the union said this "The excise tax could be the most troublesome for Reid. Union leaders have termed it a tax on the middle class since many labor groups will see some of their members affected by it. In...

Geithner on Capital hill again on Wednesday, Bernake on Thursday, and Thursday is the jobs summit. So a week where things could gain more steam either way. We know economists, Obamas economic team, company ceo's , small business leaders, and the labor unions will be at the summit on Thursday.

http://www.leadinggroup.org/rubrique20.html Here is its we have talked about this one a while ago. This group aims to help the poor, their name is" Leading Group on Innovative Financing For Development" They loo into things to tax and call them solidarity fees, like airplane tickets...

http://www.bloomberg.com/apps/news?pid=20601109&sid=aZxk6z7R4V5I&pos=10 Nothing new offered same shit, just repeated over again.

The favorable backdrop your right is hopefully not coming again , but it was worse in Sept of 08 and in Feb of 09 and still not even a dicussion, we shall see if the jobs backdrop pushes it over the edge or if not in the bill it will quiet down a bit.

Its hard to believe , I don't mean you guys, but in general. The house has had ample time and 3 different bills to pass this year with the transaction tax, and it didn't even make it up for discussion or debate. Now look what Rangel said just a week or so ago. When Pelosi was mentioning the tax...

The 3 month was just looking at when the bill was introduced which was sept 26 2008 and in that bill it said to be enacted on Jan 1 2009 which is about 3 months. In a few news articles where the unions were talking about this tax for the jobs bill they said it could be a 10 year bill and the...

A little perspective for all of this stuff in the media. Europe and especially the French have been huge advocaters of this tax for the past 10 years nothing has changed, and actually in previous years they were louder in their support for it. Plus Defazio's bill from the beginging of this year...

Time is on our side. They have the best chance to pass this now. The longer it drags out the better for us. The more time then the more other regulations they could pass for the sector as well as the insurance premium the administration likes. We should get more clarity this month as they build...

If this passes the senate I am sure there are no doubts that Obama would sign this into law. The big if,is if it passes the senate. Remember though it has to pass the house as well, so far we have no idea about the house. We will get a better picture this month. Dec 3rd is a jobs summit at the...

Yes PowerBallad its a 10% penalty. I trade the IRA now and I am under retirement age. I do not take out of it but if it was the only way I can trade then so be it I pay an extra 10% in taxes. That stinks but still better then the alternative. Again, this is last case scenario for some. I have...

We also need to state other things besides hitting mainstreet at the retirement level. Of course we still mention that. But in the respect of the new bill being floated it looks to exempt retirement accounts, pensions, 401ks and IRA'S. So they could tout this as mainstreet exempt which we know...

What if the Bric Countries do go local, and even if the EU follows suit , wouldn't that be an incentive at that point for either the US and the UK not tax transactions to have capital and business flow to the us and maybe prop up the dollar. I know the Bric or emerging countries generally like...

Just saturday and most of sunday it is closed. Its a worldwide thing, so it just slow on a given countries holiday. Currency Exchange is always on going.

Excellent post, we can always count on something great from Mr. Green

He easily forgets how he made his millions as a trader. I would like to keep reminding/commenting on his site, but I don't want him to give this to much airtime next week on cnbc!

Good points, I agree. Your right that Geithner is the mouthpiece of the administration