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Yes, providing entitlements and benefits that they can't pay for. Europe’s $39 Trillion Pension Risk Grows as Economy Falters Jan. 11 (Bloomberg) -- Even before the euro crisis, people were worried about Europe’s pension bomb. State-funded pension obligations in 19 of the European...

I think you need to provide some clarity on this statement as well: "... especially successful European economies." Please name those "successful" economies. The highest tax rate in Europe is in the UK where personal income is taxed at a rate of 50%. Hardly the 80% you propose. Even in...

You're equivocating because you can't defend your original hypothesis that an 80% tax rate would produce prosperity. You have yet to demonstrate that a confiscatory tax rate would reap prosperity in this country. Your statement regarding Houston and Detroit is absurd. If you can explain the...

Totally wrong? By whose measure? Yours? Where is the quote that these people said "everything is just fine?" You're making it up as you go along. You sound like a disgruntled socialist who would like to see this country head toward a European model which will probably crash and burn...

Martin Feldstein, Harvard economist and former president of the National Bureau of Economic Research, co-authored a famous study in 1998 called "Can State Taxes Redistribute Income?" This should be required reading for today's state legislators. It concludes: "Since individuals can avoid...

Old Money, New Money Flee France and Its Wealth Tax "Taittinger, who helped create the champagne label that is synonymous with luxury worldwide, said the French tax system not only helped force the sale of his family company but scattered the 38 family members involved in the corporation...

How Taxes Affect Economic Activity: Marginal Tax Rates and Tax Expenditures Taxes have an effect on the economy in addition to the revenues collected because they cause people to alter their economic behavior, which generally results in a less efficient allocation of resources. Taxpayers can...

Brokers should have ZERO ability to invest margin funds. WTF?? They certainly don't share the profits when they make them. As for the list of firms who lobbied against the regulation, what about the Freedom of Information Act? If they lobbied government it should be public information?

Can you recommend a good site to learn about trading binary options? Thanks.

Here's another guy who's setting up a scam. He offers a free trial. You go to the website, login and you can't hear anything - all you see is charts. So I asked the guy about the audio - he'll fix it. One week passes and the audio is not fixed. Then he starts sending emails about the "free...

Don't forget to add New Era Trader http://www.neweratrader.com/ This is Moore's latest scam.

EOTPRO should be taken off the list. They are legitimate traders and have developed a number of interesting indicators and methodologies. It may not be for everyone, but I've been in their room and there's no scam here.

And let us not forget Stan/Ed Moore: Rhythm of the Markets Options Magic TradQuest Systems And his latest scam: New Era Trader Fined by the CFTC for fraud Lost CPA license Currently on the run. If anyone knows the whereabout of this jackass, I know a few people who would like...

Be careful with the charges - they'll charge your card and claim you never cancelled.

Well I signed up - after one week I could see the writing on the wall. The T3 platform sucks - no market orders, no complex order types. Yesterday, I lost $750 on their platform while making $850 on my own account - because the fills are horrible and you can't work the orders. The "AutoOCO"...

TheWilling, interesting comments. What do you think is the intrinsic value of Patak's new trader program? Is it a genuine effort to identify exceptional traders or simply to accumulate a lot of wanna-be's who might pay for a training course? I'm curious because, from my perspective, if a firm...

Good points in the last two posts. I also wonder why they run this type of operation - perhaps gaining potential students for their up-coming training course? Who knows. As for the track record, it's pretty easy to download your demo trades every day and plug them into an Excel sheet. But...

Even with the disadvantages mentioned here, isn't this a good way to accumulate a track record? Pass their Combine criteria, trade with them for a year or two with decent results, and then move on. Having a 100% equity partner isn't a bad way to go. I agree on the T4 platform - it's a...

Trading is a business - and just like any other business, if you don't have a workable plan, the money to invest in your business and the talent to bring it off, you're going to fail. As to adding value, traders who have confidence in a particular stock or sector add value by aggressively...

New York (HedgeCo.net) – Swiss banking group SYZ & CO has launched the OYSTER ForExtra Yield EUR, a new sub-fund of its OYSTER Funds SICAV. There are five currencies selected for trade, the Brazilian real, the Indian rupee, the Polish zloty, the South African rand and the Turkish lira...