Registered: Jun 2002
01-13-09 02:20 PM
Quote from IanMacQuaide:
They'll sell this to the public, easy!
Public thinks all traders are trust-fund kids, or multi millionaires. The Dems have done a VERY good job with their class warfare schtick.
I gotta wonder how the Obamanation will like losing all financial mkts 3 months after this is passed into law?
Of course. It's raising "somebody's taxes, but not mine".
It would cripple the exchange business in the US, so can't see it sticking even if passed.
They would probably have to exempt the commodity exchanges (can't see farmers and other commercials paying the fee on "food", you know).... everybody would soon be trading pork bellies instead of GS.