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    Confiscation of retirement.

    That brings up a whole new topic -- income tax is unconstitutional. Perhaps we should start another thread for this one. What a country huh? It looks like we are going the way of Russia, China, Cuba, Great Britain, and such. Hey, Australia forces their citizens to vote. If you don't you get...
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    Confiscation of retirement.

    LOL. I don't think it's gonna happen. Deadwood is right, this is ET for fuck's sake. I gotta agree with him here. ET is a great site for entertainment and even the productive threads degenerate into a wrestling match. It really is good fun though.
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    Confiscation of retirement.

    You called me a Pompus Jackass last night. That kinda thing will hurt a guys feelings :mad:
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    Confiscation of retirement.

    Did you NOT read what I wrote above? Man, you're one angry mutha :D
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    Confiscation of retirement.

    I often wonder how much people will take before they begin to fight back. A quick view of the social climate in England suggests, A LOT. I don't think we're anywhere close to civil war but we are inching closer and closer to the breaking point.
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    Confiscation of retirement.

    Deadwood, You make some interesting arguments and it's clear you aren't a bag of rocks but you lose all credibility when you start calling people "dumb ass" and telling people to "fuck off." Your version of presenting your side of the argument comes off as grabbing someone by the collar...
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    Confiscation of retirement.

    People are doing exactly what they are supposed to do. They are withdrawing a portion of their earnings and dumping it in a 401k that is managed by a mutual fund, or a "professional" money manager. All this manager really does is buy the "market" in the form of a basket of stocks and then...
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    New to futures Trading.

    I made the move from stocks to futures a while back and I never looked back but killthesunshine ( LOL. What do you expect from a guy with a screen name like that! ) does have a point. You are going to be entering an ocean full of sharks. Futures traders a highly skilled so you will be going...
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    Confiscation of retirement.

    See what I mean? You create a little fear and people will WILLINGLY turn over their money to the government so the government "can protect me." Deadwood, you'll be first in line, yes?
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    Confiscation of retirement.

    Exactly.
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    Confiscation of retirement.

    Yes it can pass. All the government has to do is make people very fearful. When people are scared they will go crawling to Washington begging them to take over their 401K's. The government will not have to force this upon anyone.
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    when day trading...

    If you trade the QQQQ that well you should try trading the NQ for two reasons. 1. you can make more money with less money - i.e leverage - but obviously that cuts both ways. 2. Taxes are lower. Good Trading!
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    We have a saying at the University of Chicago

    Theory C, will people walk where you force them to walk and if so, does that mean you can influence human behavior? Ohhhh.....this is getting good.
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    Worse than the Great Depression

    Man, you really are pissed :eek:
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    Worse than the Great Depression

    Default or massive taxation -- that's the two alternatives. You can only tax a man so much before he loses the will to work. Part of the grand plan is to keep the man in debt so he fears losing his home. Then he is forced to work twice as hard for less money just to survive.
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    Anybody knows this about stock_trad3r?

    That's a pretty distorted view. How about a quick look at one of your stocks. MOS per attached. You bought at 146.06, or thereabout and it closed today at 33.88. That's -76.80% and all your stocks look basically the same way with an exception or two. Those ones are down only 50 or so...
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    Anybody knows this about stock_trad3r?

    There no way. You bought many of these stocks over $100 and some of them are now selling for 20. How the hell does that translate to -2.5%?
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    Anybody knows this about stock_trad3r?

    I am torn between ST3 doing this for a big laugh or he/she is looking for some sort of affirmation and attention, or he/she is exhibiting a pattern of grandiosity behavior and has some serious need for admiration. And if none of that is the case then my bet is on the revolver because there...
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    Series 7's effect on day trading ability

    Good screen name. The "Learn" part takes about 5 years.
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