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  1. Q

    B. Frank - Bailout WILL be finished before Asia opens

    politicians worship power. if she wanted to make the R'pubs look bad, she would drag this out bigtime, unless she really believes the system will implode. she is not buying time; McSame thru a monkey wrench in, or this deal would be done. if she and Blarney Franks even had a clue, they would...
  2. Q

    B. Frank - Bailout WILL be finished before Asia opens

    the $56B has already been proposed. check it out, to be forwarned is to be forwarned. politics is about making sausage. the dems are gonna get their pound of flesh, just as the republicans would do if teh situations were reversed... dont you wonder why pelosi DEMANDED that McSame bless the...
  3. Q

    B. Frank - Bailout WILL be finished before Asia opens

    and to any earlier post... pelosi is only gonna swing behind this for other political treats... we will never know what was really given away to get the Dems behind this... Huge Tax increases Amnesty for all illegals Huge "excess profits tax" on oil companies. Taxing stock...
  4. Q

    B. Frank - Bailout WILL be finished before Asia opens

    its out that it will be reported as approved b/f they vote... i didnt make that up, so dont atatck me:D i guess leadership will make the sausage and OUR representatives will be told how to vote:confused: a long weekend to nail down $700B n spending.... we're doomed.
  5. Q

    Tax on Trades Should Be Part of Rescue Plan, Some Democrats Say

    with economic recession & asset deflation, the govt has to look to tax areas of high money velocity - the bailout is just a smoke screens... they create a dollar and if it turns over 7x in the economy, they can essentially tax it seven times, with the States & municipalities getting on sales &...
  6. Q

    Tax on Trades Should Be Part of Rescue Plan, Some Democrats Say

    so how that working amigo?:p
  7. Q

    Tax on Trades Should Be Part of Rescue Plan, Some Democrats Say

    hahhahahahahha! i just peed myself. were you born yesterday? how much did you contribute to his campaign? nothing? too bad then! read back on Libertad's post about the 1986 changes in real estate - i had people threatening to sue me if their deals didnt close by 12/31/1986. yeah, he's...
  8. Q

    Tax on Trades Should Be Part of Rescue Plan, Some Democrats Say

    bookies are around in horseracing b/c the takeout is so large that it kills the track odds. they take the bet and then payout track odds (net of the takeout). the bookies are more efficent than the tracks, because they dont have to disburse the takeout to the horseman, purses, etc... at least...
  9. Q

    Tax on Trades Should Be Part of Rescue Plan, Some Democrats Say

    i hope you're right, but remember that pensions just pass along the costs - the pension fund is NOT ultimately paying the tax... all funds will be taxed at same rate, so relative performance would stay the same. so does Gabelli really care, except to the extent that investors withdraw funds...
  10. Q

    Tax on Trades Should Be Part of Rescue Plan, Some Democrats Say

    i suspect only to January 1, 2008.
  11. Q

    Tax on Trades Should Be Part of Rescue Plan, Some Democrats Say

    anyone w/o political clout is an easy target for govt. daytraders have no clout & the brokerage industry probably doesnt have enuf influence, so if this passes, the next step when they add to the $700B will be to increase the tax rate from .25% to .50% & so on... so maybe they start with .25%...
  12. Q

    Tax on Trades Should Be Part of Rescue Plan, Some Democrats Say

    Quote from bbqbbq: actually, the biggest enemy of the government is the buy and hold investor. they only hold, thus never pay taxes. ---------------------------------------------- you just described Warren Buffet and provided the basis for a "wealth tax". buffet is worth a lot less if you...
  13. Q

    Tax on Trades Should Be Part of Rescue Plan, Some Democrats Say

    while driving last week, i heard a lady representative trying to discuss naked short selling, which she blamed on the uptick rule... so you see, it was all because of the lack of uptick rule:D
  14. Q

    Dr Doom on CNBC- classic stuff

    i might invest in some land, but i hate to get my hands dirty so farming is out:eek:
  15. Q

    Urgent Message From Rennick

  16. Q

    What does Buffett see in Goldman Sachs bank?

    Buffet strructured a deal like this b/f.. was it AMEX or saloman bros?
  17. Q

    You are no longer safe! Personal Stock Accounts can be raided!

    no comments on the original thread topic? this is criminal.
  18. Q

    I Hate Debt

    you are financing a depreciation asset. thats worse than paying for it outright. why not buy a less expensive car or a good used vehicle and invest the remainder. the point that was being made is live within your means and buy what you can afford. when you are young, homes have to be financed.
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