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    Rich people screwed. Free college ,$500 a week unemployment for the next 9 months .

    I don't use a broker who sells order flow anyway and don't care if those who do all go back to charging a commission. Why should I or anyone else really? The whole thing is a market distortion we're all better off without, including those getting "free" commission.
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    Which way? Hydrogen / Green Energy

    You're absolutely right on the pressure, which is one of the reasons that very few people are looking at pressurized hydrogen as an auto fuel now. Reforming it into a liquid fuel that can use existing infrastructure is much more promising, although again I think batteries will ultimately win the...
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    Rich people screwed. Free college ,$500 a week unemployment for the next 9 months .

    I was answering the question as to the apparent discrepancy in the CBO math which was really just them doing their best to accurately model the reality that taxes always impact the market they are imposed on. Nothing to do with if FTT is good or bad. I for one wouldn't cry if HFT went away, but...
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    financial transaction tax in NYC?

    And here's the new Texas (Port Arthur to be exact). The only difference is that this is representative of the entire city and it won't be any better a year from now. We can play this cherry picking game all day long. Or you can come to the realization that there are crappy places throughout...
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    Rich people screwed. Free college ,$500 a week unemployment for the next 9 months .

    The number of HFT trades will fall dramatically if a FTT is passed, so you can't just assume historic trading volume will continue when you do the math.
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    Which way? Hydrogen / Green Energy

    Using pure hydrogen as fuel has some potential issues, but "hydrogen explosive, go bang" isn't really one of them. If you're worried about people building dirty bombs because someone could gather radioactive material and a substance that could go bang you might want to worry about other...
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    financial transaction tax in NYC?

    Of course during the past 5 years CA created more new companies than any other state, far more than the 3,000 who left. And continues to be a far easier place than any other state to start and grow a tech company or pretty much any company that has an ambitious growth path. If that's your...
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    financial transaction tax in NYC?

    No
  9. S

    Loan Application - Why you must trade this market

    If that's your ultimate concern, then investing directly or indirectly in real estate is a far more sensible option.
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    Which way? Hydrogen / Green Energy

    Not sure what you're saying here, that we'll "run out" of CO2 or O2 we stop burning fossil fuels? This post doesn't make a lot of sense, to be honest, compared to most of what you write.
  11. S

    Outlook darkens for Wall Street as Biden's regulators take shape

    That's so completely different from your earlier statement of "Here's my bet. Once all the Biden euphoria is over in a few days, SP500 will crash NOT to 3500 but 2700." that its not even in the same universe! So here's your actual bet: "At some point, could be years from now, the market is...
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    TWTR <-- Dead Meat

    Who knew your time was so valuable, I feel honored that you deigned to share those precious minutes with me! Here's the bottom line. We live in a capitalist free country, despite Trump's efforts and now your efforts to subvert the First Amendment. You think companies like Twitter don't know how...
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    Outlook darkens for Wall Street as Biden's regulators take shape

    I was just going by the colloquial definition of "a few". I'm happy to go with the last trading day of Feb though. You?
  14. S

    Outlook darkens for Wall Street as Biden's regulators take shape

    I'll take that bet. How about $500 to the charity of the other's choice; I get to choose, you donate if the SP500 is over 2700 in a few days (let's go with 10 trading days just to be generous, Feb 3rd close) and you get to choose and I pay if its over 2700?
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    Outlook darkens for Wall Street as Biden's regulators take shape

    Just as an FYI, the President doesn't "run the country" here in the United States, we're not a dictatorship much as ya'll wanted that happen. The legislature is a co-equal branch of the government and in fact the constitution requires all revenue bills to originate in the House ( I, Section 7...
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    Outlook darkens for Wall Street as Biden's regulators take shape

    And the same can be said for Schumer. I'm sure we'll see lots of noise from a junior faction in the House that isn't really powerful enough to drive any legislation and a slow walk to death if anything makes it to the Senate before it even gets to Biden.
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    Why would any farmer with hard, dirty jobs ever go back to farming when they get farming subsidies?

    I kind of have a problem with this whole idea that the family owned farm is inherently good/better and something the rest of us as Americans should have to sacrifice to preserve. I mean what happened to all the family owned auto manufacturers. Or the family owned power companies. Or even now the...
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    Why will anyone with low income jobs ever go back to work when they’ll get $600 a wk from Biden

    He's not a Trumper! He has a wide body of work here and has always provided thoughtful and well reasoned content. He also happens to be one of the few people here who has actual professional finance experience. I'm on your side, believe me, and for that reason especially I'm saying its important...
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    Why will anyone with low income jobs ever go back to work when they’ll get $600 a wk from Biden

    Seriously give it up. There's no there there with this and Kushner. Maybe focus on how much got spent housing protection details and government staff in Trump properties over the past 4 years. Or just the blatant nepotism of appointing your daughter and son in law to positions they were far from...
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