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  1. R

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

    Thanks Tom. Barroso's 2nd 5 year term ends around late 2013. http://en.wikipedia.org/wiki/Jos%C3%A9_Manuel_Barroso and http://en.wikipedia.org/wiki/President_of_the_European_Commission. Unfortuntely, the European Commission suggests tax policy for the EU to vote on. As an ex-PM of Portugal...
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    1/4% Tax on all stock trades pushed in NY Times today

    Thanks Tom, good points as always. I was thinking a EZ-only FTT is financial-market suicide for the EZ, just when they need speculators to buy PIIGS debt, as MF Global mistakenly did too early. Much of the 20% of financial-transactions being booked outside of London in the EU - 80% are...
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    1/4% Tax on all stock trades pushed in NY Times today

    As we continue in financial-meltdown mode globally, and with populist anger growing high pitched against banks and bankers again, it’s becoming politically-required to insist on taking a pound of flesh from banks to pay for bailouts and fixing the debt crisis. So, political talk must...
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    1/4% Tax on all stock trades pushed in NY Times today

    Krugman is at it again. http://www.nytimes.com/2011/11/28/opinion/krugman-things-to-tax.html Things To Tax. Rich people and FTT. Pats DeFazio on the back.
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    1/4% Tax on all stock trades pushed in NY Times today

    Another exposé on Adbusters CEO Lasn. http://www.nytimes.com/2011/11/28/business/media/the-branding-of-the-occupy-movement.html? The more light shed on Lasn, especially from left-leaning media, the better for realizing he is a cook and troublemaker.
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    1/4% Tax on all stock trades pushed in NY Times today

    Just read a fascinating exposé on the birth and first few months of OWS in the New Yorker. http://www.newyorker.com/reporting/2011/11/28/111128fa_fact_schwartz A great read. The Adbusters CEO wanted OWS to adopt a demand early on, and one of his two suggestions was a specific attack on Wall...
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    1/4% Tax on all stock trades pushed in NY Times today

    http://www.businessweek.com/news/2011-11-25/eu-tax-may-kill-70-of-bloc-s-derivatives-trade-commission-says.html Serious New EC report on FTT in Berlin today. Instated. Taxing trades at source not exchanges. So would have to move company rather than just using different exchanges and brokers...
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    1/4% Tax on all stock trades pushed in NY Times today

    http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/8916821/Andrew-Tyrie-warns-transaction-tax-cant-be-dismissed.html Glad this UK Treasury official is getting down to brass tacks (tax) on FTT. He wants to show how little FTT will be raised after transactions escape the tax zone...
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    1/4% Tax on all stock trades pushed in NY Times today

    You are too kind Tortoise, thanks. Everyone on this thread has been incredible and our team work has made our cause stronger. Happy Thanksgiving to all. I am thankful that FTT is very unlikely for the year ahead. Here's my Forbes blog article today. Please click to read and share, thanks...
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    1/4% Tax on all stock trades pushed in NY Times today

    Great job, thanks Tortoise. Professional style is good for readers working in government, who hopefully will be open minded to anti-FTT points. We all appreciate your hard and excellent work.
  11. R

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

    Someone on this thread recently implied that we anti-FTT traders (and others) are being overwhelmed by pro-FTT forces with their superior organization, and media coverage. That was true until a few months ago, and the tide has changed to more balance recently, although pro-FTT is still more...
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    1/4% Tax on all stock trades pushed in NY Times today

    Just had lunch in Vegas with the CEO of a major trading school. He is from Germany and moved to the US in the early 1990s, so I asked him about Germany and FTT. He follows the German news closely too. Learned a lot. Germany has few to no online or regular brokerage firms for traders...
  13. R

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

    http://online.wsj.com/article/SB10001424052970203699404577045842226980020.html "Mr. Cameron made clear that Britain would never agree to a European tax on financial market transactions that put London's financial center at a disadvantage." "We are united in saying that a global financial...
  14. R

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

    http://m.spiegel.de/international/europe/a-798399.html Greetings from the Vegas Traders Expo. Big showdown Friday with Cameron visiting Merkel. She better drop FTT or be ready for the UK to drop out - of her plans to ram through EU treaty changes counting on UK approval. The EU is hanging by...
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    1/4% Tax on all stock trades pushed in NY Times today

    I'm using Intuit Websites for http://www.tradersadvocacy.org/ and think they have good hacking protections. Plus, good online backups too. Nice work Tortoise. I agree with others on comments. Think a more professional photo is better to use.
  16. R

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

    Excellent report thanks. The third choice of what happens next seems the way Brussels might go. EZ FTT and squeeze London with half of it anyway. This lawyer report also seems a little unsure on closing the financial service exemption in VAT, and squeezing FTT into existing VAT. The...
  17. R

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

    This EU, EZ and euro debt crisis has stress-tested the EU treaties and governance and there are huge problems that need correction. How can you have a common euro currency in only parts of the EU - but not in the money-center London - and provide all EU members easy access to debt and trade...
  18. R

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

    Didn't German banks claim FTT was unconstitutional when FTT came up in 2009, and German courts indicated they may agree with them? Maybe, a VAT indirect approach on financial transactions would navigate around FTT unconstitutionality in Germany too? FTT is selective taxation. US banks claim...
  19. R

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

    http://www.voanews.com/english/news/africa/pan/G20-Summit-Offers-Support-for-Agricultural-Research-and-IMF-133560983.html Recent G-20 recap. Read the part on FTT. I like the point that French president Sarkozy was leader of the G-20 this year and he took his best shot on pushing FTT in the...
  20. R

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

    http://www.nytimes.com/2011/11/13/us/politics/spotlight-fixed-on-geithner-a-man-obama-fought-to-keep.html?ref=business Looks like Geithner stays through the next election. Geithner's been anti-FTT consistently in the US and in the G-20 and EU bailout talks too. Said from day one on this...
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