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"Big guy" exemptions make the whole Transaction tax totally pointless. The whole point is to collect massive revenues, and if the people producing nearly all the transactions are exempt, the govt will make hardly any money. Hence, there would be no reason for passing this tax." Yes there...

Once again, the REASON these idiots can force this on people is because nobody takes it seriously. Friends, these socialists are quite serious, and if given the chance, they WILL DO THIS. It is amazing how confident many here continue to be given cap and trade, a HC bill totally...

Buffet, amazing I did not even KNOW that and he does exactly what I feared he would. :( The public needs to understand that small time day traders are NOT rich GS firms that take down financials making billions, and it could be THEM, as small business men, that will be ruined because their...

Pelosi, your comment on big coporates who never seem to be punished for losses and big risks is funny, coming from political whores like you who SUPPORT bailouts and bank nationalizations and such as you get money and kickbacks for election purposes from thos big boy playa's. Intellectually...

"Democrats are also considering a transaction tax on short-term trades on Wall Street, a measure being pushed by House Majority Whip James Clyburn. "We have seen a great deal of anger from the public about the fact that once again we see Wall Street nationalizing the risk and privatizing the...

"Democrats are also considering a transaction tax on short-term trades on Wall Street, a measure being pushed by House Majority Whip James Clyburn. "We have seen a great deal of anger from the public about the fact that once again we see Wall Street nationalizing the risk and privatizing the...

Really? Have you heard Jim Cramer, the guy who was either bought (most likely) or threatened? Ya know, it amazes me how people KEEP assuming this will not go anywhere, despite the momentum obviously building. These goons need revenue, and they can almost taste this, it is such an opportunity...

See my other thread. Once big names that have been bought off or threatened (Cramer) the momentum will build with frightening speed. Couple that with most "conservative" bloggers like Redstate, Malkin, etc. are only on health care and have not taken the cause up, only traders like us, and it...

Ironic that the tax will wipe out most the small business types like many of us with less than 250K size accounts for day trading. It will affect the super rich the least because A) they can afford it and still make green and B) connected exchange members will get their exemptions in exchange...

http://thehill.com/homenews/house/69295-dems-push-wall-street-150b-stock-tax It just amazes me how fast this country went to a socialist dictatorship...

http://thehill.com/homenews/house/68273-dems-eye-stock-trade-tax If it is getting OTHERS and any big names otyher than a nobody like Difazzio, it is WW3 time, folks.

Socialist Wall Street hooker Erin Burnet revealed moments ago that according to her, talking to Jim Cramer, that the dreaded "it will never happen!" tax that ET posters scoff over "not going anywhere except in Pete Difazzio's mind" IS being bandied about now. In fact, Cramer almost sounded ok...

It is our choice to allow them to keep up this attitude. We should have had this in the schools years ago, as now the critics will cry propaganda, but it is never to late to TRY to start. This video should play in every school, every workplace, every subway, every train station, every...

"Instead of crying and complaining incessantly on message boards you people need to get off your asses and do something about it. Instead of wanking on message boards to no avail and deaf ears which accomplishes zilch." Already there friend. Already have and am doing that, not merely...

Just watch it. Really. http://www.homelandstupidity.us/2006/06/20/make-mine-freedom-too/ The video, produced by cartoon kings Hanna Barbara, foresees the Obama Administration by 60 years! This should be shown in every school in America to school kids, it gets to the heart of the...

"Half of Americans, sadly, don't care about that... as long as they get a little free something-something." yes, but that attitude is totally destroying all our freedom, including theirs.

"When will people in this country understand that the Democrats true agenda is to centralize power (via wealth grabs) under the guise of "fairness, compassion and going green"? Exactly. It is all about power and consolidation. It is all in Orwell's Animal Farm and based on human nature...

This attitude even on Elite Trader is WHY it *IS* going places. People think "even the left wingers REALIZE the folly of sending business off shore, etc. "it would take years of negotiations" etc. Have you noticed in just 15 years of a first failed totally unconstitutional on many levels...

So now, we are reaching a point of advocacy of taxes on all transactions, not just profits, and it is being made more and more mainstream as more and more ideologues in positions of power take up its cause, not just Congressman Peter DeFazio...

Yep, those who said do not worry may want to reconsider their confidence. There is NO limit to the damage these socialist spread the wealth around pundits can cause if given the chance. On CNBC this morning, a woman who teaches (!!!) economics argued for it, to "encourage long term...