From Minyanville T. Harrison, "I heard from two very credible(separate) sources that the trading tax is DOA".
Well that sounds good but we cannot celebrate till we get some definitive reference or proof, so keep trying the get us some
they're not DOA until this site shows that they are: http://www.govtrack.us/congress/bill.xpd?bill=h111-1068 http://www.govtrack.us/congress/bill.xpd?bill=h111-676
SECTION 1. SHORT TITLE. This Act may be cited as the âLet Wall Street Pay for Wall Streetâs Bailout Act of 2009â. The government forced this bailout down wall streets throat instead of letting Wall Street take its natural course and purge the toxicity out of it. Wall Street is the keystone to capitalism and wedging taxes into the heart of the transaction is truely devastating to the continuance of a free market. The actions of Wall Street wasn't the cause of the problem but the effect of the problem...
Actually, if they stay in committee, you'll never know. You'll just have to assume it's dead if it lasts in committee for more than 3 months.