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    NYSE: Give me your poor, your tired, your huddled masses

    Feb. 24, 2009 NYSE Euronext is seeking approval from U.S. regulators to relax a rule forcing companies to be delisted when their share price falls below $1. http://www.marketwatch.com/news/story/nyse-euronext-seeks-relax-minimum/story.aspx?guid={49CD555C-66C7-4E85-9C5D-AB735EC8BD82}&dist=msr_1
  2. O

    Credit card crisis looming?

    You're warm. A new set of rules was adopted late 2008. Fortunately for consumers (haha), the impending doom was deemed to be on the banking side, and the rules are scheduled to take affect July 1, *2010*. http://www.federalreserve.gov/newsevents/press/bcreg/20081218a.htm Once...
  3. O

    Trader Tax details and Petition here. Don't pay for the bailout.

    Why did this get moved to chitchat?
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    Trader Tax details and Petition here. Don't pay for the bailout.

    Have any of you read this petition, or do all ETers work like politicians: sign without reading. aims to impose a 0.25% transaction tax on the “sale and purchase of financial instruments such as stock, options, and futures.” followed by: Effectively, this tax will punish anyone who...
  5. O

    Kiss Your Job GoodBye

    LMAO! With you not at you. Once unthinkable, now unstoppable. obama-lama
  6. O

    Futures riskier than stocks?

    And now you understand why it is the job of politicians and government to enact things to protect the citizenry from things that they can't possibly understand.
  7. O

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

    I wonder what "instant rules" will go into affect when/if US stock indexes take another leg down? The short ban didn't work, may as well "try" targeting speculation. Joe Sixpack knows speculation is evil too, so we have no fear of public outcry or a dip in the polls!
  8. O

    Where to hideout in the worse-case economic scenario

    Commune in the '60s. Kibbutz in Israel. And in the internet age--- Intentional Communities http://directory.ic.org/iclist/geo.php
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    Kiss Your Job GoodBye

    You can see the writing on the wall a mile away: Retail speculator will be a defined group. Once in place: Say goodbye to intraday margins. Also probable commercials, institutionals, etc have completely different (lower than retail) margin. After all, that's considered productive activity...
  10. O

    Where to hideout in the worse-case economic scenario

    Now you are starting to understand what Rogers (and others) have already said. To put it in a nutshell: Become self-sufficient. Hideout on an island, LOL! <object width="425" height="344"><param name="movie" value="http://www.youtube.com/v/oJFxx0Nh7P4&hl=en&fs=1"></param><param...
  11. O

    Stimulus plan passes congress; Black Tuesday.

    And that $50 Target giftcard you got for XMas will get you a 3-pack of underwear and a tube of cherry chapstick!
  12. O

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

    "allowed" is the appropriate and operative word. All the conjecture in this thread makes the assumption, rightly or wrongly, that rules, regulations and taxes are born of and with altruistic interests. Wake up people!! Barney Frank said overhaul of financial rules and regs is coming by the...
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    Start trading in a few minutes!

    Hi. I'm Stupid Bob. I make a million dollars a year. If you are only half as stupid as I am, you can make half a million dollars a year. This is a limited time offer. Call now!
  14. O

    Housing market about to get much worse...

    50c on the dollar based on what? The previous sale price/value? Someone bought Nasdaq at 5000. Someone also bought Nasdaq at 2500. Someone will buy Nasdaq at 800 too! And before I forget: between here and there will be some currency "manipulation" Nasdaq 1800 becomes the old Nasdaq 1200. Let the...
  15. O

    Crisis Fuels Backlash on Trade

    None of you have made a well thought out pro-argument. Protectionism is terrible for Americans. Let me explain: 1) Lifestyle change: that computer you are using right now will cost at least double (however currency "manipulation" would likely take place simultaneously to thwart the effects...
  16. O

    It's the end of the world as we know it

    <object width="425" height="344"><param name="movie" value="http://www.youtube.com/v/eFcVwDw4YLE&hl=en&fs=1"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/eFcVwDw4YLE&hl=en&fs=1"...
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    Crisis Fuels Backlash on Trade

    The topic is very complex, IMO. But for starts, holders of US debt will indeed begin "manipulating" currency to support their own nations. How does that affect USD? One guess. Have you noticed all the "currency manipulation" cries, warnings, and requests in the news lately? Maybe not the...
  18. O

    For all the crybabies: Why not say "FU IRS" and leave the US?

    Go shopping! Walmart is open 24/7. Be sure to use a credit card if you have one, one with available credit. Taco Bell is open til 2am and can sustain it's business model off the loose change in your pocket. Now get off your ass, do your patriotic duty, and go save the nation! And don't forget...
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    For all the crybabies: Why not say "FU IRS" and leave the US?

    Going forward, this will have nothing to do with where you are domiciled or how you are taxed. It will have everything to do with the form in which your wealth is measured and-or transferred to the next generation. Once unthinkable, now unstoppable obama-lama
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    Get Ready Guys: All Signs Point To Civil Unrest

    I would not be so quick to say Americans will not protest. As has been said before, there is no pain. Buying coffee at McDonalds instead of Starbucks is not pain. For most, it is an expenditure (still)driven by choice, not out of necessity. Out of necessity is when the pain will be felt. That...
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