6 months ago, Alex Jones warned the Ruling Establishment intended to end speculation in the United States. Dismissed that one out of hand. Now, it looks like it could happen. This doesn't add up. Wallstreet + Big Banks own the Treasury. Why would they write themselves out of a trillion dollar industry they largely control via credit issuance?
Little or no good can come from legislation drafted through the prism of panic. Especially when tax increases are involved.
Completely agreed, and I have been saying for about a year. Amerika is the least democratic country of all democracies. Yes I know a republic. Seriously though, we are crippled by a 2 party system. In other democracies their is power sharing through parliament. Equal representation by popular vote. Not here. Dictatorship A or B your choice. When they get a majority, as Bush did, watch out. Absolute power corrupts absolutely. I am just as fearful of an Democratic majority, no checks and balances. If we wanted really change there are a few choices 1. Jessie Venture-Libertarian minded 2. Ron Paul- Libertarian 3. Ralph Nader-social program agenda with some libertarian ideals. Meaning he isn't an imperialist as the current US government has been since post WWI. None of the above, from what I have seen and read, is a corporate lackey like Dictator A or B. Post Edit: The revolution won't happen as long as ppl. can spend and watch American Idol, sad as that is. Take away their plasma tv and you will see revolution. The most important thing any person can do, which most Americans don't, is Question Authority!
I know you didn't mean it this way, but you worded it so well to fit my point. A pure democracy is a disaster, with laws and taxes changing annually at the fashionable whim of the majority. No consistency, checks, balances or precedent whatsoever. Look at other nations that are Democracies. Take a look at the majority today... I don't want them making decisions for me. Yes, what you meant was the Democratic party, but my point is that a representative Republic is superior to a Democracy even in times like this. And to the lefties who try to pollute my country by saying over and over (thus, their mantra of determination, not logic) that America is a Democrary... learn to read, you apparently skipped history. From your list, Ron Paul is the only guy worth a more than dirt. Jesse has no respect for freedom of religion, and Ralph is a liberal who would lay off the whole country to save the trees.
I completely disagree, but everyone is entitled to their own opinion, fine. I would much prefer a Parliamentary system. Why do we still have an Electoral College? It's a scam, pure and simple. The changes and whims you refer to are checks and balances. What good is impeachment if you can't even raise it like you can a no confidence vote.
ONLY liquidity! You obviously do not understand how crucial liquidity is for an efficient market system. Also, besides the taxes you mentioned, all the commodity exchanges would essentially be out of biz as day trading is 95 % of their income. Equity exchanges would all combine to one small one. Every discount broker would be toast. It would be a disaster.
-----> well are you saying that Britain doesn't have an efficient market? you guys are giving ourselves (daytraders) too much credit for being an important roll in the financial mkts
Why do we have an electoral college?? In simple terms the founding fathers didn't think even the average white man who owned property was smart enough and knew the issues well enough to actually pick the president(the top of the social order at the time and a requirement to vote). They felt that voting for someone who was smart enough to study the candidates foreign relations ability and qualifications who would vote on the actual president was the best way to pick our leader. Currently with electoral college members committing in advance to whom they will vote for we have basically turned it into a popularity contest decided by anyone born in this country (or naturalized) with total disregard of the voters ability to understand the issues. Don't like what we have for people running the show in D.C.? perhaps its due to who we have deciding who runs the show. maybe some qualifications like owning land or having a job or something that shows that the voter is capable of doing more than drinking Milwaukee's best and watching American idol would be a start. Otherwise don't expect to do the same thing each election and expect a different result
swtrader, thanks for the list. I'll get my email together tonight after the kids go to bed! I sent short ones, but haven't had time to get a detailed email together. So, ironically it's actually looking like we might be getting a capital gains tax decrease along with this bill. Who would have thought?