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

Another cnbc tease for cramer on Meet The Press.

"How to jump start the job market."

Let's hope he doesn't get back on the tax stock trades to pay for a jobs plan kick.
 
Quote from Anaconda:

Uhm what? It's actually quite the opposite.
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Oh really, how would it be the opposite? If a tax get's passed, the banks/wall street would get the exemptions, and the suckers left having to pay this will be the mom and pop retail traders. Once everyone realizes how this tax is truly designed, which is to fuck the little traders out of business, and do nothing to the big boys that caused this financial mess, every douche bag Democrat that supported this will be promptly thrown out on their asses.
 
Quote from jksn922:

Oh really, how would it be the opposite? If a tax get's passed, the banks/wall street would get the exemptions, and the suckers left having to pay this will be the mom and pop retail traders. Once everyone realizes how this tax is truly designed, which is to fuck the little traders out of business, and do nothing to the big boys that caused this financial mess, every douche bag Democrat that supported this will be promptly thrown out on their asses.
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Listen, try to educate yourself about how politics & the media machine work in this country. The average voter buys the official line and sticks by it. When the intended consequences hit, the politicians already have a number of excuses to blame it on.

"Once everyone realizes", lol, realize WHAT? If they ever realized anything, there would have been a full scale upheaval decades ago. Look at you, you still have not realized that there is no significant difference between Republicans & Democrats.
 
Kucinich seeks 60 percent excise tax on TARP executive bonuses:

http://www.cleveland.com/open/index.ssf/2009/12/kucinich_seeks_60_percent_exci.html

"On Wednesday, he proposed an amendment to a pending financial industry reform bill that would do that and impose an additional 70 percent tax on TARP recipients' corporate profits."

"The Rules Committee did not permit his amendment to be considered on the House of Representatives floor because it was opposed the Financial Services Committee, a Rules spokesman said."

"Kucinich says he plans to introduce a freestanding bill next year to accomplish those goals, modeled on on British efforts to tax banking bonuses. He estimated his suggested excise tax on bonuses would generate about $14 billion for the U.S. Treasury."

-Guru
 
Obama rips "fat cat bankers" on 60 Minutes this Sunday:

DIALING IT UP -- President Obama took aim at "fat cats bankers" in an interview airing this Sunday on CBS's "60 Minutes," slamming the financial services sector for failing to learn the lessons of the recession.

"I did not run for office to be helping out a bunch of fat cat bankers on Wall Street," Obama told Steve Kroft, who interviewed him earlier this week.

The president expressed concern that banks are returning bailout money to the government simply so they can pay out massive end-of-year bonuses without restraint.

"I think that in some cases, [to be able to pay bonuses] was the motivation," he said. "Which I think tells me that the people on Wall Street still don’t get it…They’re still puzzled why it is that people are mad at the banks. Well, let’s see. You guys are drawing down $10, 20 million bonuses after America went through the worst economic year…in decades and you guys caused the problem."

http://www.politico.com/politico44/

-Guru
 
Quote from Anaconda:

Look at you, you still have not realized that there is no significant difference between Republicans & Democrats.
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Maybe you can share with us those differences that you consider insignificant.
 
Quote from listedguru:

Obama rips "fat cat bankers" on 60 Minutes this Sunday:

DIALING IT UP -- President Obama took aim at "fat cats bankers" in an interview airing this Sunday on CBS's "60 Minutes," slamming the financial services sector for failing to learn the lessons of the recession.

"I did not run for office to be helping out a bunch of fat cat bankers on Wall Street," Obama told Steve Kroft, who interviewed him earlier this week.

The president expressed concern that banks are returning bailout money to the government simply so they can pay out massive end-of-year bonuses without restraint.

"I think that in some cases, [to be able to pay bonuses] was the motivation," he said. "Which I think tells me that the people on Wall Street still don’t get it…They’re still puzzled why it is that people are mad at the banks. Well, let’s see. You guys are drawing down $10, 20 million bonuses after America went through the worst economic year…in decades and you guys caused the problem."

http://www.politico.com/politico44/

-Guru
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He does not realize that if left alone the financial sector is going to pull the country out of the recession.
 
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