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Yeah, someone's paying someone for all this media coverage - it ain't coming from nowhere. I can't believe that finance ministers would seriously be stupid enough to try to throw grit into the gears of the world's financial machine, especially not under current circumstances.

If the G20 ministers actually start seriously discussing this, that's when it will be the time to worry.

I agree. In fact, I have already told someone that I won't be commenting any more in this thread, so this will be my final post on the topic. People like Alex W. who brag about money annoy the fuck out of me because it shows absolutely no class. As a general rule, most people I've known who...

He's not trying to bring it up. He's trying to slink away now with excuses, without having to post photos. I want to drive home to him that he should keep his big fat mouth shut from now on unless he can back it up. This thread may have been polluted a bit because of it (and for that I...

Tell him that - he brought it up. I just called him on it. To be honest, I'm not calling him out because I want to talk about his toys, or because I give a crap. I'm calling him out because I know he's going to come up with some lame excuse about why he won't show us the photos, and then he...

To be fair, Obama has not said that he supports something like this in any way. Some looney-toon Democrats like DeFazio, yes - they are fair game. But you can't blame a person for the idiots in their party. We do have to be fair and not personally judge Obama or anyone else on this topic until...

You DO make stuff up. Prove me wrong. Because you don't think that anyone would believe you about that. I don't know why you think anyone believes you about the expensive cars or the plane either. We know you don't make enough money from PureTick to afford that because we already know how...

And then maybe you'll have a shred of credibility, unlike now. Why you think that a single person on this forum actually believes that you own expensive cars or an airplane or is in any way jealous of you is a mystery to me. But continue living in your dream world... it must be fun.

I agree. Personally I happen to think that the chances of this passing are very very small, however it doesn't hurt to send a few emails and do whatever we can to fight it anyways. The thing is that while a few other countries that have this law are now phasing it out, THEY STILL ORIGINALLY...

Futures are leveraged enough!

Eventually, maybe. But not any time soon I would say.

There is something a little worrying about how much they are talking about it in recent days - maybe someone knows something we don't. Still, until a legitimate source actually supports this thing in washington, I don't think there's a lot to panic about. If we see that, however, THEN I'd start...

Good point. The large houses are responsible for a heck of a lot of the normal daily volume, they can't exclude them if they want any real money from this. This is such a stuuuuuuuuupid idea. It is seriously scary how dumb some people are.

Sooner or later the public is going to find out that the big players got exemptions, if they get them. You can't hide that fact forever. And as soon as they do, in the next election whoever was responsible for that is toast. I don't see how they're going to be able to do this easily.

Nice post. Hopefully they will get it and will start to actually use whatever little brainpower they have to try to kill this stupid idea instead of promoting it on their network.

Sent her another one from a different email address - it can't hurt, she's not that bright. Better drive it home.

It can't be so. It would literally kill off the entire CME if you charged that much per round turn. The entire exchange would shut down, as nobody would bother placing any trades on it at all. Other exchanges would start to carry the same types of products to pick up the slack, and the CME...

Not really. It's been elected by the rich people and corporations who gave the candidates enough money to run lots of campaign advertising to convince all the stupid people to vote for them. When was the last time you were seriously influenced by a TV ad during a campaign? I would bet not any...

I just emailed Erin and explained to her that passing this law might cost her a job. Maybe she'll get it.

Thanks for the comment. This thread was placed in chit-chat probably because the mental retard named BPtrader who is now on my ignore list started acting like a total douchebag and pissed everyone off. He basically started acting like he knew how to trade after posting in multiple places over...