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Calling Bernie Saunders an Independent is a joke. This guy is a socialist from way back. OldTrader

She doesn't say she's opposed to the DeFazio bill. Here's what she said: "House Speaker Nancy Pelosi, D-Calif., and Majority Leader Steny Hoyer, D-Md., have both said they are open to discussing such a plan, though neither said whether they support the DeFazio bill." OldTrader

Had you read this thread, you might have learned that Schwab spoke about this tax at a recent conference. Schwab is very concerned about the impact of this tax on their business, as they should be. In fact, I wrote them an email pointing out their paradox that they advertise on Erin Burnett's...

Hello fellas: Just letting you know I have written my Congressman this evening to let him know about the bill DeFazio is drafting regarding the transaction tax, and that his 3 colleagues (my Congressman is a Democrat) Maloney, McMahon, and Halvorson are circulating a letter against it, and...

50% of Americans? And I bet that includes you eh? LOL. Something to think about though, most of the world at one time believed the world was flat. Time for you to take your head out of your ass. OldTrader

I guess some of you guys forgot about 9/11 and the 3100 folks that died that day. Wasn't that why we went to Afganistan? OldTrader

I bought my first house in the late 70s as I recall. 20% down. I looked around for a mortgage, most of the rates were around 12%+....but I finally found a savings & loan where the rate was 11.75 %, which I snapped up. I felt like I screwed them. LOL. The rates went up from there. My...

What we all should have learned is that there is very little difference between one Democrat and another, or for that matter, one Republican and another. When they vote, they basically vote in a unit these days. Take this Louisiana Senator Mary Landrieu. It sounded like she was more or less...

Anyone got a history of Cramers trades for the last couple of years? Why don't we apply the transaction tax to his record for several years and see how it comes out? This guy is so dupicitous he should have been a politician. OldTrader

Nope, it's not there. Maybe no one is there to moderate right now. OldTrader

Here's what I posted: One thing I definitely agree with is that this tax would be a "major disincentive" for short-term active traders. In fact, using some of the popular rates proposed, such as .25%, this tax would drive all short term traders out of business. The question then becomes...

I posted an article there. It looks like they did not moderate it. Hmmm...or did they? Anyone see it? OldTrader

It should come as no surprise that this mother fu*ker is a proponent of the transaction tax. Or for that matter that the NYTimes might be for it as well. This guy in fact wants another stimulus program. By the way, I don't see your comment yet. I thought it was well-written, but I don't...

One thing to keep in the back of your mind. A fully paid for house lowers the stress considerably in this business. Yeah, there may be smarter financial moves. But frankly as we watch millions of people lose their homes today, you really gotta see the virtue of a free and clear home...

After a little websurfing this evening, I find alot of misplaced anger aimed toward traders as serving no useful purpose. And I find virtually no traders attacking this problem. So here's a few points: In our capitalistic society, when a job serves no useful purpose, it is eliminated. Who...

$100K total. OldTrader

If you can explain to me how the fact that an insurance company has corporate jets has anythng to do with medical costs, I'm all ears. Yeah, it may have something to do with insurance costs. But has literally nothing to do with the underlying medical costs. By the way, under the proposed...

Vinny: I see you left a few things out of your usual misinformed post. For instance, it's a good thing that you didn't get that $12,000 per year policy. Had you done so, it would have been deemed a "cadillac plan", and you would have been taxed on the difference between $12,000 and the...

To think that insurance companies are the cause of higher medical costs seems to be completely off base. Insurance companies, when you think about it, are simply middle men. They charge premiums for insurance, and then pay some portion of it out for your medical care. My experience has been...

I would assume you're now long.:eek: OldTrader