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This is the shit we have to fight with the out of control liberal democrats and how they bribe for votes!! She said she will use 90% of the funds to give to underwater homeowners!! LOL!! What else? We hear climate change, feed the kids...blah blah blah...now bailouts for VOTES!! People...

This is a political witch hunt from liberal socialists democrats. This has nothing to do with economics (obviuoulsy).

I highly recommend this book about offshore businesses/accounts and what all the laws are: http://www.amazon.com/Freedom-Without-Borders-Expatriate-Financial/dp/0313393915/ref=sr_1_1?s=books&ie=UTF8&qid=1323372162&sr=1-1 The coming liberal/socialism tsunami here in the States is making me...

Obama embraces Occupy Wall Street rhetoric While the FTT is not mentioned in the article, this is another warning about odumbo and what he is hitching his failed wagon to. Don't be surprised if he is hurting in the polls to embrace the FTT with his already loud-mouth class warfare he is...

There was a craps table in the hallway.

One thing to remember in the history of failed societies and guberments, is that when things start to look like the end, guberments will rape and pillage the people and tax and destroy the hell outta themselves. i.e. Europe right now (but the US is not far behind, so this will always be on...

It is higher than that, unless they buy the stocks on their own in an etrade account and hold for 10+ years. Average "long term" investor buys a mutual fund or is in a pension. What was the study out of the UK? If a fund with only 1.5 turnover a year (which is inactive fund), would be a 5%...

Ok, for futures that's easy. Cash forex? I guess using $100,000 = 1 lot is the norm?

Can someone explain to me RT/YR/$M and how that is calculated?

I have been saying this for awhile now. We are all in "awe" why any Country would want to do this...we look at Sweden and other disasters from the FTT. We see IMF, EU and our Treasury reports that says a FTT is a net revenue negative...so why are these liberal socialists doing this?? This is...

WOW: GERMANS TRY TO KILL OFF POUND http://www.express.co.uk/posts/view/284656/Germans-try-to-kill-off-pound "BRITAIN will soon be forced to scrap the pound and join the euro, one of Germany’s most senior figures said yesterday." Germany sure wants another WWII don't they???

The problem is that markets have always fluctuated...since the beginning of time (you could chart prices of rocks 5000 years ago, and get same up's and down's). You can pull up a chart of the DOW since 1900 and see the same patterns. I could isolate a 5 year chart of the DOW and remove the...

Great list. Also, what should make your neighbors "think" as well, is that MM's would almost have to be given an exemption (UK style), thus the big banks and big financial firms would make $$ of this deal....a ton of $$. The problem with pro-FTT'ers that are more in the middle and not...

Agreed. The only good thing here is that unions represent only 7% of the workforce and declining. The wars against unions have largely been won in the recent years.

Do you see all those "D"'s. Democrats are the biggest threat to our society. They steal for votes. OWS was started by a communist magazine out of Canada. Then the unions and the dems get on board. I hope any fool here who is a democrat, look very deeply into what the party is all...

I actually hope they do and we can witness first hand the disaster this is....then and only then, maybe the lefty socialists can be convinced to drop this FTT nonsense at least until the next generation :D

If the proposed 0.03 of 1% (Defagio bill), you would pay $600 in and $600 out (and the counter-party would pay the same thing!!!). Still MASSIVELY insane and would kill day-trading, and some swing trading (like me) and liquidity would drop well over 50%. Retirement accounts and pensions would...

1300 pages right here: http://www.elitetrader.com/vb/showthread.php?s=&threadid=150546&highlight=1%2F4+tax and the answer is YES.

Great article!

Lol. Bubba, I'm not a nutcase. Everything I wrote is the truth about this. If you want to see a real nutcase, familiar yourself with Oregon rep. Defazio. Or look at the OWS creeps. Now oldtime, take out your dentures and drink some warm milk. It's time for bed.