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    Americans' tax burden is lightest in developed world

    I lived in one of the countries mentioned. The one thing they are leaving out of the calcualtion is: we pay, and most of them DON'T, gas tax, sales tax, state tax, city tax, capital gains tax, etc . . . Also all of those countries have socialized medicine, family of four in NJ pays $1600/mo for...
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    1/4% Tax on all stock trades pushed in NY Times today

    Done. Only 5th one from CT to send it. Not worried this would ever become law, but someone should start a separate thread with this. Way to go Green Tax guys, Thanks!!
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    1/4% Tax on all stock trades pushed in NY Times today

    It's the same whacko leftists like DeFazio that have been pushing this for years. When they studied it under George H. Bush the strongest lobby against it was the Pension funds. They are the largest players in the financial markets and would be the most effected. It doesn't seem AFL-CIO gets...
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    Intel downgraded

    He had the timing right with DELL missing next day, they didn't really give a dismal outlook for Q4 though at DELL. With INTC in a 5 month range between $18.50 and $20 and seeing as they bumped dividend by 10 percent to 3.30 yield i don't see much downside from $19. The analyst at Merrill...
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    Raj Rajaratnam, Founder of $3 Billion Galleon Group Hedge Fund, Arrested

    Grow up? You have great respect for people who cheat and don't get caught? You must be a Paki too; broken english, cheater . . . This is the thought process in third world countries that leads to this kind of thinking: It's only wrong if I get caught. This often leads to a Catch22...
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    Is the SEC racist?

    Almost pissed my pants laughing at this one! Yes the SEC run by a woman (Shapiro), guided by a panel of 5; two women and a hispanic (Luis Aguilar), created by congress; now headed by a woman, commission reporting to a black president, is targeting minorities . . . Way to go! Hysterical!
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    Raj Rajaratnam, Founder of $3 Billion Galleon Group Hedge Fund, Arrested

    Scum. He should be shot by firing squad. They would not bring this if they did not have the proof. Guilty. Can't believe Cramer came to his defense saying he believes he is innocent. Lost any credibility that might have been left. I personally have zero tolerance for cheaters. White collar...
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    Remote or not to remote that is the question

    Agree. If you have good news and one of the trade/commentary sites up, after many years I am moving back home. Have done both and at this point, I work better in a vacuum by myself. Get too distracted with calls to buy FSLR or WYNN or some other like 5 beta stock that I always lose money on...
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    These Are The Inner Working Of The Business Side Of A Prop Firm

    i get your point, but 60 mils and 80/20 is not a great deal. you can get 30 mils and 99/1. If you put up $5k and lever up to $250k with that split, how is that a bad deal? The losses are yours but the money is theirs. i for one find this more attractive than no money down and .01/share or 100...
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    Ken Lewis out of BAC

    I don't see how this is a positive for BAC. You can say all you want about the heads of these banks, but there is probably noone more qualified to run a bank than Ken Lewis. He was the mastermind/dealmaker behind taking a small North Carolina bank and creating one of the largest financials in...
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    Oh Oh, Might have to take a tax hit, got a HUGE profit thoughts?

    You may want to look into a Jan options collar trade if there are options in this stock. This will put your gain off into next year, especially if you don't do as well next year. Buy puts and pay for them by selling out of the money calls. if stock appreciates enough so that you get called this...
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    Cnbc says 3rd qt earnings will be good"only dn 23%"

    it must mean dn 23 percent y/y for Q3? which case the market was higher than here 1 year ago not dn 60 percent from here. But I did not see the actual wording of it.
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    AIG up 21% today

    AIG $54 up $5.60 pre-open. LOL?
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    What's the Wealthiest State in the U.S.?

    it probably depends on how you look at it. If you look at wealthiest towns as avg. income and property values, the #1 town in an article a couple of years ago was on LI. Forget the name of it, between 5 towns and JFK. CT only state to have 3 in the top 10 I think, maybe its them to be...
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    AIG up 21% today

    The government is going to have NO equity stake because the warrants are collateral and are going to be a tear-up. Wall St analysts are not experienced in distressed companies. This company will have a well positive book value and is going to $4-5 on the old stock. Thats $100 on post split. Do...
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    Junk Bank stocks trading at nosebleed prices

    Thank you, case in point.
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    Palm (Where To Now?)

    It seemed that buyers really cared in after hours around the $14 level. It's range after hours was $13.75-15.89. Above $15 before people realized they were talking down next Q and doing a 10% stock offering for 'general corporate purposes' (they're out of money). It just still appears to me that...
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    Junk Bank stocks trading at nosebleed prices

    I think they are still pretty cheap actually. Earnings you mentioned were rear view mirror. Stocks trade off of future earnings. WFC supposed to make $2 next year. JPM $3. They are trading just over book value. Between 15-18x earnings. What's not to understand? Not trying to be a smartass here...
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    Legitimate Question About Buffet's Contrary Public Statements A Week Apart

    There is a reason he's perenially bearish or says he's short the USD. See what happens every time they sell off dollar - commodities run and the market follows. I'd say its part of his master plan. Any time he speaks, listen for a pan of the USD. Many have thought this as un-American, but in...
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    Jesse Livermore - Market Key

    We live in a different world, but if it were 1925 Jesse Livermore would be long this market big time with FedEx doubling their earnings projections the other day. He loved to follow rails, transports and shipping for 'tips'. Would have worked well so far since they updated forecast.
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