This explains it all: http://www.youtube.com/view_play_list?p=B81DC78418FCAFAB&search_query=money+masters
Why do you mention Conyer's? His healthcare proposal (single payor) isn't going anywhere. His bill mentions the transaction tax for funding healthcare. His wife is in hot water (she's a member of the Detroit city council) so this may hurt him also? http://www.detnews.com/article/2009...etroit-bruised-again-with-Monica-Conyers-plea -Guru
Looks like it the transaction tax is still being pushed around... http://thehill.com/homenews/house/56789-afl-cio-dems-push-new-wall-street-tax +-*/ Math_Wiz
This thing always get's thrown around. It will never pass! The big financial firms will pay off enough Senators to make sure it goes doesn't go anywhere, should it ever actually make it to the Senate. Even that scenario is highly unlikely.
Here is an article discussing the tax overseas: http://seekingalpha.com/article/158789-a-global-tax-on-financial-transactions -Guru
In the other thread, they're complaining about "big financial firms" owning Congress. You guys need to make up your minds...
Comments needed here: http://www.zerohedge.com/article/hf...nding-corrupt-exchange-near-you#comment-54357
again look no futher than china or india as they have transaction taxes and there mkts dropped 50-70% this past year. all it will do is increase volatility. lets hold this socialist gov't off till next years mid terms were repulicans will take a ton of seats back and cause grid lock
you still don't get it. the big financial firms will push for an exemption for themselves not for you. this is exactly what happened in the UK. s imilarlywhen an uptick rule will be instituted the big firms will be exempt. too many of u live in a dream world.