I agree that it's way too early to hit the panic button on this thing, although worthy of our attention. So far, Barack has shown himself smart enough and has been fairly centrist in his appointments. I seriously doubt he would do this, but you never know.
In the Wikipedia article, there are some great hints on how Europe did NOT want the tax. If Europeans can reject a massive and destructive tax or as the UK, dillute it severely, then there should be no problem for Americans to do the same. http://en.wikipedia.org/wiki/Tobin_tax
I'm not a registered Democrat, moron. But like all of you idiots that can't get enough of Rush Limbaugh down in San Diego, I guess that if you keep saying it over and over again - - - it somehow becomes "true". For what it's worth, this legislation by-passed the substantive policy committees in both the House and Senate. Thus, there were never any hearings nor opportunities for recorded committee votes. It was an omnibus bill that came from the leadership of the Republican-controlled Senate and House. And yes, Clinton did sign the Act into law. Was the outgoing President in a position to veto anything at that time? You tell me. And before you answer you might wish to brush up a bit on how legislation makes its way through the Executive Branch and into Law.
You jack-ass. What part of "nothing new" in my original post don't you understand? And once again, ET proves to be loaded with illiterate self-righteous jack-asses. obama-lama
Given the fact that Hillary Clinton is now in Obama's cabinet, and Mayor Bloomberg has been an open supporter of the President elect, along with the likes of Chuck Schumer who incidentally sits on the Senate Finance Committee and the Senate Banking Committee, its hard to see that this kind of legislation would ever make it up for a VOTE, let alone one that passes. You would have the entire MIDWEST against such a vote, along with a very powerful lobby of New Englanders.
Exactly what I'm saying, it's very unlikely that it will happen but considering it's our livelihoods here, we might as well start fighting against it and doing everything we can in a VERY preemptive matter.
Congratulations! You apparently still have the Reading Comprehension of a 4th grader. What part of your claim: "Now being propelled by the very State that has already lost the most . . ." are you unable to comprehend what I responded to?
wall street hedge funds in the US since the late 80's to present have been making easy money milking the golden goose.. now with madoff and countless ponzi schemes and pump and dump and marekt manipulation etc. you've really killed the golden goose. gov't or heat on the entire financial industry.