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    1/4% Tax on all stock trades pushed in NY Times today

    ........................................................................ Not to be redundant.... But here it is..... No journalists....politicians.....the public in general understand how markets work.....thus do not have a clue as to what a market making function is.... The IMF is...
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    Are Blanket Currencies A Solution ?....Maybe Not....EURO ?

    http://www.bloomberg.com/apps/news?pid=20601087&sid=a3SIOdqSGOtE&pos=5 Countries are indigenous to their kind.....as are their issues.... The telling sign of success/failure of a blanket currency is when severe financial problems requiring "bailouts by their peers arise".... So....is...
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    1/4% Tax on all stock trades pushed in NY Times today

    ........................................................................................ The public needs to understand one thing.... The Banks would be exempt from the TT tax because the MM function has to remain exempt....or else there would be no market place for stocks....Since the...
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    1/4% Tax on all stock trades pushed in NY Times today

    ................................................ Congratulations !!!! You are catching on..... Now tell me..... Can the marketplace exist without someone making the markets ? This is a yes/no question.... And the MMs are who ? The very Bankers whom the govt. is going...
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    1/4% Tax on all stock trades pushed in NY Times today

    ..................................... That's right.... COMMON SENSE tells you this..... I still say would it not be better to position traders in a consortium like status such that US EURO IMF POLYS would be 1000% forever out of our picture ? I think that this should be under...
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    1/4% Tax on all stock trades pushed in NY Times today

    ............................... I know this.... They have to look at it.... And when they get to the market making function.... What has to happen ? What conclusions are possible ? I can do this on the back of an envelope.... Who needs a committee etc ...
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    1/4% Tax on all stock trades pushed in NY Times today

    How the IMF thinks rehash.... http://www.imf.org/external/pubs/ft/survey/so/2009/NEW110709A.htm If left up to the IMF....a tax to the financial sector would be in the form of insurance paid by financial concerns.....not a TT.... IMF Managing Director Dominique Strauss-Kahn told...
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    1/4% Tax on all stock trades pushed in NY Times today

    ................................................................................. Why do you not ask about market maker exemptions ? Who is going to make the markets ? This is the real question.... At .05....there is no way that market making can pay this....thus no market for...
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    1/4% Tax on all stock trades pushed in NY Times today

    What perhaps the trading community along with the banks and exchanges should seriously consider is to move business where the trading community and the listed securities will never have the likes of US or EURO populism interfere with our businesses..... Perhaps the exchanges should be moved...
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    1/4% Tax on all stock trades pushed in NY Times today

    ....................................................... The key point here is that the market making function will have to be exempt....or else no market place... Who does this support ? The old transaction EURO establishment that do not want to invite more efficiency such as a BATS...
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    Oh look, Jim Rogers was long the dollar the last two months, and didn't tell you ?

    ..................................................... 1000% correct........ One thing for certain.....you WILL NEVER SEE ROGER'S ACTUALS.... THUS YOU WILL NEVER KNOW WHAT ROGER'S REAL RECORD IS.... ROGERS IS GREAT ENTERTAINMENT..... I LIKE WHAT HE HAS TO SAY........
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    Oh look, Jim Rogers was long the dollar the last two months, and didn't tell you ?

    ............................................................... 1000% agree.... Even so....better to actually see some personal actuals.... As he also mentioned.... He is the worst timer.... Timing can be everything...
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    Oh look, Jim Rogers was long the dollar the last two months, and didn't tell you ?

    I like Rogers.... But it would be nice to see some actual "real" performance numbers..... There is a big difference between selling media....books....etc..... versus actually "doing it".... It reminds me of once directly questioning an oil analyst at a major brokerage firm....My...
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    1/4% Tax on all stock trades pushed in NY Times today

    Posted on Zero Hedge.... Look ...here it is.... Any time in the past with any country that has tried such tax....the market makers were always exempt.... Any countries currently allowing it....exempts the market makers from all such taxes.... Retail pays this tax...
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    1/4% Tax on all stock trades pushed in NY Times today

    ........................................................................... Maybe the banks want the market making function to themselves ? Just like it was before ecns ? After all.....they would love to have it back in the name of the public interest ?
  16. L

    1/4% Tax on all stock trades pushed in NY Times today

    ................................... So you think that "Brown the CLOWN" will ever understand the concept of how markets actually work....and what the market making function is....???? And what happens when the market making function goes away ? ie there is no market without the market...
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    1/4% Tax on all stock trades pushed in NY Times today

    ...................................................................... What we need to do is to form Class Action Lawsuits versus non qualified politicians and faulty media...as they cause reckless untold financial damages to traders that has taken decades to construct.... My view is that...
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    1/4% Tax on all stock trades pushed in NY Times today

    ............................................... The tax seekers need to be asked one question in a way such that they can understand.... Are market makers going to be exempt from the tax ? If not....then how is buying and selling going to happen ? In the past market makers were...
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    1/4% Tax on all stock trades pushed in NY Times today

    .......................................................... This is soooo simple.... DeFazio/Harkin needs to be confronted with one question .... Who is going to make the market in the stocks ? Regarding the past when there were such taxes....market makers were exempt.....or...
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    1/4% Tax on all stock trades pushed in NY Times today

    ................................................................ There should also be a "media tax".... The rate will be determined based on a per unit basis.... The tax will be a small 5% per add on per unit....This tax take would dwarf the amount that a transaction tax would...
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