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I read somewhere that in order to make this proposal politically feasible, they were going to exclude 401's from this tax. I'm hoping the financial industry is flexing its muscle and is indeed pushing Congress to not enact this tax. If not, I'm assuming it will go the same it did when Sweden...

Communism in America started a lot earlier than that. Heck, even worse, foreign car companies received free US money from state governments such as Alabama if they set up plants in those states. That's not capitalism, that's a form of communism. By the way, I find it amusing that the same...

<b><i>How about these government's cut spending. Regardless if you tax financial transactions, cigarettes, cell phones, Big Mac's, or fucking uping the cost of dog permits, regardless you have wealth redistribution happening.</i></b> It is easier said than done. Plus not all of it goes...

<b><I>I was told by my broker's accountant that, as a resident of a foreign country it is possible for me to take the Foreign Earned Income Exclusion on trading income, yet still not pay Social Security Tax, as it is actually capital gains. (I pay no foreign social security taxes on the...

skylr33 stated: <b><i>Agreed, but if the Democrats pass a financial transaction tax to pay for this health care proposal, or even TARP, then they will no doubt lose some seats in 2010.</i></b> I wish you were right. The financial transaction tax is insane and unfair. But don't forget that...

<i>History has shown that America likes a fair and "balanced" government, which is why I fully expect the Republicans to make significant ground in the 2010 senate elections. </i> I doubt it, at least for 2010. The Republicans have to defend 19 seats, while the Dems only have to defend 16...

<i>Once he locks up that next term in office, then you will see his true, radical ass come out of the woodwork. I mean, someone's going to have to pay for the trillions of dollars it will take for that ridiculous universal health care bullshit that he wants, and will more than likely get.</i>...

<i>Who's interest is this guy protecting? Who does he work for, allegedly?</i> And how is he any different than Bush/Cheney, the two oil men? I don't recall people like you complaining about who they were protecting, ie big oil?

lolatency said: <b><i>I'm a little annoyed Napolitano didn't close the border and quarantine certain passengers from air-travel. At least the Europeans issued legitimate travel advisories, and Russia stopped importing meat. Why does our government do this? It's totally counter-intuitive to...

PAPA ROACH wrote: <i> I think the eurozone is in a worse shit-storm than we are at the moment, and therefore I believe that their currencies will remain weaker than ours, thus boosting the dollar index.</i> Would you mind elaborating on your thoughts? Why do you think the Euro is in worse...

<I>Note for NObamabots.... No tea from you? Gummint and NObama are doing things "just right" by your way of thinking? </I> Considering that President Obama inherited record deficits from Bush, one has to assume that the conservatives that elected Bush also think that things are "just right"...

<i>How about the deficit his spending proposal plans to double?</i> So I take it there is nothing in the budget you want to cut then since you aren't answering the question? It is easy for people to get angry when taxes go up, but they rarely will suggest what spending cuts should happen...

I doubt anybody is safe from higher taxes. But how do you propose we pay back the deficit that Obama inherited? If not higher taxes, what do you want to cut? This is something Bush should have addressed a long time ago but failed to do. The two biggest budget items are Medicare/Social...

<i>I'm not a Cramer defender by any means. I just think the criticism is a bit unfair. Obama's program is killing the market, and Cramer is right, he should have held off on the hardcore socialism until the economy was stabilized. That's why he's being attacked.</i> Considering Cramer was...

<i>Didn't McCain vote for the 750 billion dollar bank bailouts ?</i> You hit it right on the nail. Either we bailout everybody or we don't bailout anybody at all. The precedent has been set. Since the banks were bailed out, then so should everybody else. This is why you don't...

<i>I don't know a single democrat who is different then him. They are all deluded little Nazi's.</i> I've said it before and I'll say it again. The Republican can stop this if they want to with a filibuster. They have the necessary 40 votes in the senate. By your own definition, if the...

<i>For someone like me who lives conservatively, yet making good money doing a 9/5 job while paying high taxes and get zero bailout. Now i am basically bailing out this clueless idiot with a 800k house. Add insult to injury, she claims she does not need help but "just to get the government to...

<i>Gotta say, CNBC looks pretty bad. They interview the liars, put make up on idiots with something to say, and push their breaking news. They were broken years ago. I don't watch them today.</i> Thank God for competition and the Bloomberg channel. CNBC was once a decent channel, but they...

<i>Obama's Radicalism Is Killing the Dow</i> You don't think the sub-prime crisis has something to do with killing of the Dow? By the way, when Ronald Reagan took office in 1981 the Dow was at 950. 19 months later the Dow had sunk to 776. That's a decline of 18.3%. Are you saying that the...

CNBC has lost its ways. They used to be totally focused on the markets. Now they have become more of political show. Why should I waste my time on that? If I wanted to watch politics, I would go to Fox, CNN or MSNBC. So, I have changed from CNBC to Bloomberg. Here's my favorite Jon Stewart...