Do you (*#@*( idiots realize what obama will do to your trading accounts once become president. You think the current capital gain tax is bad? ......
I feel very sorry for the guy. He inherited a real shitty deal. No easy way out: quick and painful (raise rates, recession) or slow and drawn out (what he seems to be doing, avoid recession at all costs). I vote for the former.
Yes, the current capital gain tax is bad. Do you think the budget deficit is good for the country? Do you think the budget deficit is good for the dollar? People need to stop thinking about themselves for a change and start thinking about helping the country. Raising taxes to balance the budget and raising rates to strengthen the dollar is short-term pain and long-term gain for all of us.
Helping the country by limiting the leeches from the system, not taxing to death those who support the rest. We pay plenty of taxes (income is ONE tax we pay here)
Fed Chairman is appointed for a set number of years....can't be removed by President/Congress....7 years, I think... This takes politics out of it to a certain degree.... Japan has a very different economical structure than US..... Don't compare the two.....cross ownership of companies etc etc. Homogeneous society....all marching lockstep...very few, if any, outsiders..... SteveD
The Fed has one mandate and one mandate only...and that is price stability. The Fed has no mandate for growth. You contradict yourself.
I am sorry didnt know i was at the oprah forum. Wake the fuck up, this is a trader's forum the only thing that matters is the p&l. Obama along with his fucking hope and dream robin hood bullshit will hurt many middle--upper middle class who are already paying a heavy tax. And for what? just so we can feed more bums and gangbangers who are too lazy to work themselves. Last time i checked this is still a capitalist country. I donate to charities, but it will be by my choice and to people who really needs it overseas. There are many ways to fix this economy and stop the bleeding, obama will only make it worse not better. His foreign policies are acceptable, but his domestic economic plans will be a disaster.