Thanks for the petition.
You guys should also be aware that similar language for a transaction tax is buried in a separate health care bill -- see section 211 of H.R. 676:
http://www.govtrack.us/congress/bill.xpd?bill=h111-676
It's a good idea to write the Ways and Means Committee, as...
Hey we can sit around and bicker and ramble on about this or we can take an hour to draft a letter expressing why this tax is a bad idea and send it to our reps, the finance committee, our brokers, etc.
Question: Is My Penny a Copper or a Zinc Cent?
Answer:
If your Lincoln Memorial penny has a date before 1982, it is made of 95% copper. If the date is 1983 or later, it is made of 97.5% zinc and plated with a thin copper coating.
Here's CME's response to this proposed bill:
http://www.grainnet.com/articles/CME_Group_Opposes__Derivatives_Markets_Transparency_and_Accountability_Act_of_2009_-70835.html
just watched the video -- according to barney rubble, "something like this [transaction tax]" is coming within four years as mandated by some amendment to TARP . . . this is shaping up to be something that'll be breathing down our necks until it's voted on or someone does a study about why it...
Let's hope he doesn't use his movie to introduce the concept of this f'd up tax to the american public.
Time for us to pitch in to hire some lobbyists.
I think you'll find Ninjatrader/Mirus to be a popular choice around here. I personally find this combo to be superb. My only gripe is with the clearing firm, Dorman -- specifically their inability to allow users to access trade info and account balance in real time directly from their site.