We all hope and think that this will not go through. But there are lots of folks with that half a brain or less who are waiting to screw us
you call Sarkozy a dick tax hound. what do you think happens in the usa in the next few years? who do you thinks going to pay for uncle sugars showering of trillions to wall street to goose stocks 80%?who's paying for the trillions given to banks,autos and 100's of others who wanted bailouts?we're now a socialist state just like france.capitalism is no longer rewarded as nobody can fail. so guess what. get ready for huge tax increases to pay for the bill.
The Brits are the tax kings. They once charged people a tax based on the number of windows in their house. That's where the term "daylight robbery" came from. People literally bricked up their windows to avoid the tax.
"And in August the National Library of France triggered a furore among the literary establishment â and a government review â when it revealed that it was opening negotiations with Google about a contract to digitise part of its collection, rather than using an under-resourced French public sector alternative." French public sector alternative = The state is borrowing money ( "le grand emprunt") to get this really "important" job done...LOL
I don't know if it is where we are supposed to make comments, but here's an article from John Lipsky yesterday on IMF's blog: http://blog-imfdirect.imf.org/2010/01/07/financial-sector-reform/ It resembles all he said in his Vancouver speech, and we can leave comments. So People, let's write!
Who starts? I already lost too much money this morning debating about it... I need to focus on trading.
What is it with these "progressives" and their facial hair? Prez of the AFL-CIO, Baker and his brother Robert Pollin, Krugman of the NYT, etc. They remind me of certain leaders of certain countries, but you don't dare compare them. ------------------------------ Tax the Speculators: An Old Idea Whose Time is Now AFL-CIO President Richard Trumkaâs September suggestion for a tax on Wall Street to finance health care reform is an all-American solution to a uniquely American problem, and deserves both publicity and support. http://www.politicalaffairs.net/article/articleview/9225/?dsq=28956453#comment-28956453 ---------------------- Tax the speculators and create a public bank (Duh, sounds like a sharp one formulating our future) > POLLIN: If an ordinaryâeverything. So everyâyes, an ordinary person, if you go and buy a share, you'll pay a small tax, but you wouldn't care 'cause it would be a small tax if you were going to hold. If you were buying to hold, the tax would be trivial, if we say, like, 0.5 percent or 0.25 percent. The tax starts to bite, though, when you decide that you're a trader and you're trying to gamble on the market that the market's going up, and so you can trade continuously. And so then the tax starts to get.. http://therealnews.com/t2/index.php...=74&jumival=4457&updaterx=2010-01-07+12:39:28