Quote from KCalhoun:
Maybe since they just passed this huge overhaul of the financial industry that'll keep them focused on actions needed to implement that vs trying to pass a new tax... keeping fingers crossed!
"The 1,300-page "Wall Street Reform and Consumer Protection Act"
http://www.cnbc.com/id/34382666
-k
Quote from Xspurt:
Quote from seasideheights:
Goolsbee On Financial Transactions Tax
Who is Goolsbee? Carry any weight?
http://en.wikipedia.org/wiki/Austan_Goolsbee
Quote from seasideheights:
He's a member of Obama's Council of Economic Advisors. His comments are a positive.
Quote from libertad:
Here is what is actually happening.....
Pelosi is gifting the BIG BANKS a new windfall revenue stream by granting them sole market maker exempt status....
THIS IS WHAT IS HAPPENING....
The BIG BANKS WILL OWN THE WIDENING SPREAD ......
WITH NO ONE ABLE TO CLOSE IT.....
WHO PAYS IT ?????
RETAIL ONLY......PELOSI/DEFAZIO/HARKIN SAY THE OPPOSITE TO THE PUBLIC.....THEY ARE MAKING THE BIG BANKS PAY ?????
WHEN THEY ARE ACTUALLY GIFTING THE BIG BANKS A NEW MULTIBILLION $ GUARANTEED REVENUE STREAM....SOLEY PAID BY THOSE WHO ARE NOT MARKET MAKERS....
PELOSI/DEFAZIO/HARKIN ARE EITHER:
INCREDIBLY STUPID....
OR
WORK FOR THE BIG BANKS....THEY ARE LIARS....
MY GUESS IS SOME OF BOTH.....
Quote from leela:
Goldman & teh big bangs may even support this tax. It will give them teh monopoly (after the details are gone) and bigger spread in market making.
Quote from libertad:
Exactly....
It is a perfect setup for the big banks in a "market making " respect ....
You are one of the few catching on to what is actually happening.....