The transaction tax was actually a part of the original TARP bill !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
(the first TARP bill that did not receive enough votes, causing market to tank 700 points). It was buried in the bill.
It could just as well be passed with Dems having...
Unfortunately I believe that this tax might have a very good chance of passing.
Reason? Negative sentiment against wall street is so high now, there may be little opposition to it. Why? Because all those who you think would lobby against it, will actually lobby to get exemptions from it...
Aren't hedge funds the biggest speculators? No more hedge funds if this tax went through. You could not argue that hedge funds should be exempt since they are the biggest speculators.
No more hedge funds - yea I definitely see this tax being passed.
This will be my first year (2008) filing as a securities trader.
What exactly can you deduct as a business expense? Can you deduct things like medical insurance?
I've read over the basics from IRS forms and some websites but need more info.
http://www.fairmark.com/traders/intro.htm...
The rule is complete BS. There is not good reason to have it.
Everyone says it is to prevent small accounts from blowing up.
So blowing up large accounts is okay?
If you don't have 25K in the account but do not break the rule, aren't you restricted to using 2x daytrading margin? Yet...
Yea, when oil was $145, oil was so scarce since no one wanted to sell it and everyone wanted to buy more.
Now oil is $40, everyone wants to sell it, and no ones wants to buy it.
Anything wrong with this picture?, it just seems backwards to me.
I think the the 3 have to be bailed out but with serious concessions.
BUT
Everytime I see and hear that UAW Gettlef*ck spew his garbage, he convinces me to switch my position and just let the 3 go bankrupt and die.
He is like Paulson or Bush when he speaks, makes everyone vommit.
Yea I know, that is why the BEST solution is for someone else to tell you what to believe, instead of making your brain hurt from thinking about it yourself.
We will get larger trees? How long does it take to get larger trees? By the time those trees get larger, there may not be any amazon left.
The questions is NOT what is the effect of 6 billion humans breathing out CO2, the question is what is the effect of artifical CO2 producing sources...
Thats like saying church is a haven for child molesters, because some priests molested children.
Science is based on evidence, NOT lack of evidence, like relgious beliefs.
DO you even know how hard it is to get public grant money in the U.S.? You research has to be based on significant...
Global warming MAY not be caused by man. The question is can we afford to not do anything if it is?
Something like 80-90% of scienists agree on global warming BUT certain republicans, I mean americans, choose to believe the minority, 10-20%.
Let me give you another example:
Lets say...
Sure many scientists may be BSing, even though their research is published in "a journal." BUT you will NOT find BS data published in a RESPECTABLE journal. Do you remember that Korean scientist who published that stem cell data few years ago and was basically a hero in his country. Well no one...
Ohh boy, don't comment on science when you apparently know nothing about it.
Scientists CANNOT produce whatever "FACTS" they want. As I have stated before, THERE ARE NO FACTS in science, only EVIDENCE. DO you know why they can't do that? Because there are things called journals, where you...
For those who don't know, science is based on evidence. Nothing is a fact. Not even the "laws" of physics are actually laws always obeyed. So when someone says global warming is real, it doesn't mean it's a fact, it just means that there is more evidence for than against.
I find it really...
Am I imaging things or is there a huge increase in these reverse mortgage commercials on TV?
Instead of dealing with actual problems like insane medical costs, why not ask the elderly to pay for their medical bills by basically selling their houses! Everyone has to sacrifice, so why not ask...