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DRJ: Stop the idiot Peter DeFazio! (Congress to tax every stock market trade??)
Option Monster ^
| 030309
| John "DRJ" Najarian
Posted on 03/03/2009 4:29:18 PM PST by Fred
Rep. Peter DeFazio (D-Ore.) has proposed H.R. 1068, a bill that would impose a 0.25 percent transaction tax on trading stocks, options and futures. The move would kill trading, folks.
If you want our markets to remain the most liquid on the planet, then you need to oppose this nutjob. If you want to turn our markets into the same illiquid CDOs and CMO markets that have crushed 99 percent of the banks and financial institutions in the United States, then by all means support this idiotic legislation.
To oppose it, follow this link: http://tinyurl.com/c9lawe
TOPICS: Business/Economy; Crime/Corruption; News/Current Events; Politics/Elections
KEYWORDS: 111th; bhostimulus; economy; moneylist; porkulus; stimulus; taxes; wallstreet
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1
posted on
03/03/2009 4:29:20 PM PST
by
Fred
To: Fred
2
posted on
03/03/2009 4:31:06 PM PST
by
xcamel
(The urge to save humanity is always a false front for the urge to rule it. - H. L. Mencken)
To: Fred
That has to be the worst idea I have ever heard. What an @$$hole.
3
posted on
03/03/2009 4:32:00 PM PST
by
FightThePower!
(Fight the powers that be!)
To: Fred
Obama is a communist. Case closed.
To: xcamel
Could this be the ‘over reach’ that will bring on the tidal wave of revolt??
5
posted on
03/03/2009 4:33:32 PM PST
by
Fred
(In the US, we have a totally new school, it is call the Zimbabwa School - Marc Faber)
To: Fred
He’s only an idiot if he is trying to pass good policy. If he’s trying to destroy the capitalist system, then he’s a genius.
6
posted on
03/03/2009 4:34:07 PM PST
by
Brilliant
To: Fred
Sometimes I think we ought to let these folks just hang themselves with their own ropes for a bit. Sure it would be painful, but nobody would ever try it again.
7
posted on
03/03/2009 4:34:31 PM PST
by
Arkinsaw
To: Fred
Is this 0.25 percent of the cost of executing the trade or 0.25 percent of the total traded value?
8
posted on
03/03/2009 4:34:45 PM PST
by
HighWheeler
(The higher the concentration of libs, the bigger the tragedy that follows.)
To: Fred
Thinking: “I’m president Obama, and I approve this onerous taxation!”
[/cynic]
9
posted on
03/03/2009 4:35:51 PM PST
by
OneWingedShark
(Q: Why am I here? A: To do Justly, to love mercy, and to walk humbly with my God.)
To: HighWheeler
Don’t give congress any ideas...
10
posted on
03/03/2009 4:36:00 PM PST
by
Fred
(In the US, we have a totally new school, it is call the Zimbabwa School - Marc Faber)
To: Fred
This type of market manipulation is what is killing this country. Reagan let the markets work in 1987 and that led to the biggest technological revolution of the century.
To: Fred
its already dying...
.. why kill it so fast?
12
posted on
03/03/2009 4:37:17 PM PST
by
GeronL
(Will bankrupting America lead to socialism?)
To: HighWheeler; All
aims to impose a 0.25% transaction tax on the "sale and purchase of financial instruments such as stock, options, and futures."
This is from the
Security Traders Association link on this bill.
13
posted on
03/03/2009 4:38:38 PM PST
by
Fred
(In the US, we have a totally new school, it is call the Zimbabwa School - Marc Faber)
To: Fred
If anyone saw the musical “Showboat” you would recognize the famous lyrics “Fish gotta swim. Birds gotta fly. I gotta love one man till I die.”
Well, birds may have to fly, and democrats have to tax.
It is as simple as that.
14
posted on
03/03/2009 4:39:34 PM PST
by
staytrue
(YES WE CAN, (everyone should get in the practice of saying it, it will soon be mandatory))
To: Fred
I can’t see even the Democrats being stupid enough to pass this. Sooner or later the Blue Dogs are going to revolt.
To: Fred
American is falling apart in front of our eyes.
16
posted on
03/03/2009 4:42:59 PM PST
by
bmwcyle
(Obama voters, your 401 K's are dead. Now what?)
To: Fred
I hate this idiot. Makes me embarrassed to live in Oregon.
17
posted on
03/03/2009 4:43:22 PM PST
by
Aria
("An America that could elect Sarah Palin might still save itself." Vin Suprynowicz)
To: Fred
Motto of the US Congress and Senate:
If it moves screw it, extort it or tax it.
If it doesn’t move steal it.
18
posted on
03/03/2009 4:44:35 PM PST
by
Iron Munro
(Suppose you were an idiot. And suppose you were a member of Congress. But I repeat myself.)
To: FightThePower!
Do you figure that these guys even have a clue? It's like they don't even read the papers. I just wonder what is going through these peoples minds. Unbelievable, actually you couldn't make this stuff up.
19
posted on
03/03/2009 4:52:12 PM PST
by
WHBates
To: Titus Quinctius Cincinnatus
Remember they are blue dogs in name only, they just acted that way to get elected, they figure that the public have a short memory.
20
posted on
03/03/2009 4:54:20 PM PST
by
WHBates
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