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More comments required. http://thehill.com/blogs/blog-briefing-room/news/70305-dems-to-introduce-stock-tax-proposal 12/02/09 07:35 PM ET Six House Democrats and Sen. Tom Harkin (D-Iowa) on Thursday plan to unveil a stock tax to raise $150 billion per year.

Most still invest like 50 years ago with their mutual funds, 401's, pensions. Many try, few trade.

http://www.truthdig.com/report/item/is_it_time_for_financial_institutions_to_give_back_20091201/?ln Now the awesome tax is going to raise $650 billion.

This tax is a punishment that stops legal behavior, and has nothing to do with funding government as studies show the net revenue will be negative. If someone is committing an illegal act, punishment must be given after a jury trial, it's unconstitutional otherwise. Quote for the day...

A few things: I do not have cable nor a dish nor do I want any more useless distractions and misinformation. So I don't really know this Cramer character nor Erin Burnett. I guess they both work for CNBC. So it's not surprising that Cramer stirred up some ratings as well as Burnett by being...

Is that a 3 strikes and your out state? Next offense and he gets life? Is that why he no longer owns the apartments? Freakin Nazi and her Pelosi.

What heart? Pelosi's Health Plan: 5yrs Prison, $250K Fine, $15K Premium, 2.5% Tax -------------------------------- Washington, Nov 6 - Today, Ranking Member of the House Ways and Means Committee Dave Camp (R-MI) released a letter from the non-partisan Joint Committee on...

High Frequency already means consequences on anything held less than one year: short term capital gains, and PDT.

That is why I'm more afraid of the possible SEC rule proposals on "high frequency trading" in the coming months than I am of a trans tax.

A rare article explaining why a trans tax won't work. Here's Why The Financial Transaction Tax Won't Work http://www.businessinsider.com/heres-why-the-financial-transaction-tax-cannot-possibly-work-2009-11

Comments from UK citizens regarding Brown and his Tobin-transaction tax are about 95% against the tax. They are aware that the cost of the bank's transactions will be passed onto the people.

In 1968, the City of Philadelphia levied a small transaction tax on all shares traded on the Philadelphia Stock Exchange, which caused the Exchange to move to Bala Cynwyd, immediately outside Philadelphia, until the tax was rescinded...

High frequency trading is a frequent phrase the bashers have been using-anything not held more than 5 years I suppose. They are lumping high frequency with dark pools, naked, flash, etc. I think I read somewhere that by mid 2010 the SEC will have a report or rule proposals. No trans tax...

Is the Stock Exchange Obsolete? The CEO of the NYSE says the future of New York as a financial center will largely be determined by Washington. By MARY ANASTASIA O'GRADY In the late 18th century there was a buttonwood tree in lower Manhattan where brokers gathered to trade stocks. But...

‘Tobin Tax’ Proposal Is Like Loch Ness Monster, Issing Says http://www.bloomberg.com/apps/news?pid=20601085&sid=adyuHt7_5oNo

Oops. I see and expect it everywhere you know what I mean? Let's go beat up Shagi tomorrow after school by the flag pole. The 0bamabots are following their leader's fine example of trying to shut out the critical Fox news a couple days ago. Any criticism of 0bama is met with the...

I take great effort using restraint against insulting voluntary cretins that insult me, but I can't help myself this time, Tigerjaw and Shagi. Where in my post was any racist statement? Are you two really that daft? Personally, I rather like 0bama, even as I loath his politics. I find it...

Interesting how a lot of those, after achieving success in this country, go all Soros type-like and start wanting to make it more difficult for anyone to do the same, creating conditions even worse for the commoners and optimum conditions for the few. Whether intentional or just the result of...

You mean, give you a break. It's all about you.

0bama Declares Swine Flu a National Emergency Working hard for that Nobel Prize in Medicine.