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I bears mentioning here that Japan is also quietly arming up, in response to China's military buildup. Any confrontation with China will not just be with the USA , but also with Japan, Taiwan South Korea. I doubt very seriously that China could prevail in war against all four powers.

Equal protection trumps any vendetta that Gov. can seek to enforce against individuals or corporations. I know that Big Oil has been hammared in the past with windfall profit taxes. But the pay czar goes way beyound this.

Salaries and compensation of Hollywood elites will now come under the juristiction and scrutiny of Kenneth Feinburg, the pay czar! After all, if the Banking Industry is subject to this oversight. Why not Hollywood. Equal Protection demands this!!!!!!!!

The President does not like tax breaks for individuals or corporations. Vegas is a holy shrine for corp. conventions, seminar's and meetings that can be expensed as a cost on corp. and individual tax returns. Within a year or so the president will propose to limit or eliminiate tax...

Good news. I have only recently began to fully appreciate the genius of the founding father's of the USA. No one person or institution can weild absolute power.

I believe it is great that Russians, Eastern Europeans, and Chinese are succeeding in the mktplace. Competition makes everyone better! Also, these newly forged capitalist bulwarks may become a refuge for economic freedom in the comming century. Western democracies appear to have a suicide pact...

Just another example of the Dem's ongoing war against capitalism. They cannot stand the fact that people can make money independently from Gov. largesse and dependence. There is really not much difference between Barney Frank and Hugo Chavez in terms of philosophy.

If this happens it will be time to move to Russia! At least there an individual can enjoy some economic freedom!

I hope you are right! It is very telling that equity trading or investing had no bearing on the economic rut we are in. Actually, the mkt has been one of the few bright spots in the economy to date. Leave it to democrats to kill the one of the strong sectors of the economy. I hope this gets...

Very good point here. One of the great ironies of our time is that the enviormental movement and BIG OIL are in cahoots together. This is why there has been no new refining compacity added to the USA in over 30 years. Just try to build a petroleum refinery anywhere in the USA. The 10+ years...

stay clear of any meat bought from wal mart meat dept. it is pumped full of sodium phosphate as well as sodium lactate. just what everyone needs when they sit down to enjoy a steak dinner--the equivlant of a days allowance of salt in one meal! Also, I understand that none of Wal Marts meat is...

This expose' on Obama tax policy with regard to multinationals underscores the crisis of diminishing manufacturing in the USA. As I understand, German corporations that manufacture goods for export are not taxed on the profits derived from the sale of such exported products. Same for Japan...

I am certainly no tax expert, but I simply cannot imagine a US law that would circumscribe my inalienable right to engage in legitimate commerce in forgien lands. What if an American citizen ethier froms a Corp. or invests in a corp in Estonia-a low to no tax country-and does so without...

I believe this is true. However, a US citizen would pay additional tax once proceeds are repatriated into USA. This is why so many US multinationals warehouse profits off shore inpurpituity.

You just may be on to something here. I recently traveled to New Orleans and the deep south over the Holiday period. Wal Mart Supercenters everywhere. The high number of morbidly obese people I observed there was striking, versas San Diego-where I live. BTW, San Diego has no Supercenters that...

. Even though Goldman would be exempt from paying the tax, it would not be shielded from the collapse of mkt liquidity that would result from the tax. For this reason I believe that the chances fo this becoming law are slim. If this crazy idea is held at bay for just a few months-untill the...

Jonathan Wong just may be one of Charlie Vaccaro's many aliases! Just a theroy.

The ghost of Karl Marx will never seem to die

One point missing from this thread is the fact that private oil corporations can do something that no state run oil ministry can do: extract oil from 26,700ft. below the sea serface. That is just what Chevron and Transocean have done recently in the Gulf of Mexico-code named Tahiti Field...

This underscores the necessity of an experienced compliance officer and absolute adherence to the law and the LLC charter.