Our Economy Could Be In Surplus In Less Than A Year With A 1% Wall Street Sales Tax

Originally posted by Kali74
reply to post by neo96

 

I'm not saying that and never have. Being rich isn't evil. Getting rich isn't evil. Corporations aren't evil and neither are Unions. That doesn't change the fact that several large Corporations and several very wealthy people are controlling our government. They are buying the lawmakers. They are behind the wheel. Now, personally I feel there's a better way, a people power way to keep it all in check, but aside from that I'm just calling them out on their crap. That is NOT the same thing as stating rich is evil.

Yeah well this thread says otherwise as do quite a few posters.

For decades Amerikans used business to create wealth and opportunity for themselves those same Amerikans use to use Wall Street to climb the class ladder.

And here we are today the only money anyone is suppose to have any opportunity someone is suppose to have should only come from the "benevolence" of Government.

reply to post by neo96

People do need to open their eyes fiat currency.

If it's fiat then why complain about taxing it? Especially a tiny 1% tax.

reply to post by neo96


They have become greedy vampires...you don't see that? Are you here? Hello?!? The vampires raped the world and left it like it is and you don't know that?

Originally posted by LoneGunMan
reply to post by neo96

 

Stock trading creates short sighted business models. What the heck are you rambling about? Tax the vampires and heal the nation. Either that or unload all military industrial complex funds, one or the other.

I am so tired of stupid brainwashed greedy cowardly idiots.

Home of the free and the brave? What a farce, you are neither brave nor free.

As opposed as the welfare industrial complex that makes two of us I am also tired of "brainwashed greedy......".

Want to tell me how is taking money from a minority and give to the majority is either brave or free?

Originally posted by Kali74
reply to post by neo96

 

People do need to open their eyes fiat currency.

If it's fiat then why complain about taxing it? Especially a tiny 1% tax.

Principle they already take enough in taxes that 1% is not "tiny" as already stated in this thread taxation takes money out of the economy.

reply to post by neo96


You're making leaps and and bounds in assumptions.
You really ought to rethink your pattern of telling people what they think, feel and say.

reply to post by jacobe001

There are thousands of corporations and banks in this country that are successful on their own without using the government to prop them up. They are not evil.

So then why support taxation that makes people who are doing nothing wrong?

Since that tax will effect them ?

Originally posted by Kali74
reply to post by neo96

 

You're making leaps and and bounds in assumptions.
You really ought to rethink your pattern of telling people what they think, feel and say.

Like calling people "anti amerikan" and saying their are the problem or they hate people?

reply to post by neo96


Keeping millions and billions off shore, employing slave labor in other countries... yeah that is anti-American. How do you figure otherwise? And how does that equate to "They're all evil"?

Originally posted by Kali74
reply to post by neo96

 

Keeping millions and billions off shore, employing slave labor in other countries... yeah that is anti-American. How do you figure otherwise?

Yeah well thats what happens when people support unchecked regulation and taxation. As long as Amerkians get what they want they don't really care.

When a business moves offshore it is because it is cheaper and when they do jobs and wealth is lost, and here we go corporations are bad and punish them more!

Why would anyone bring money back here?

When i read threads like this I don't blame them.

The Federal Budget does not = our economy, LOL. In fact, every dollar sucked from our economy and given to the Government is a terrible drain since Government spending is inefficient, wasteful, and fraught with fraud.

This is a great idea, and it is something tremendously easy, but would never actually be implemented. Despite the fact that the people can bail out these traitors involved in business/government, they would never agree to giving up any of "their" money, even though they have screwed the people out of it to begin with.

Originally posted by marg6043
reply to post by Kali74

 

Will that stop the over 80 billion dollars that Wall Street too big to fail are getting from the Fed every month?, while this sounds like a great idea the truth is that the too big to fail are bankrupted that is the reason they get all those billions a month, this people manage most of the retirement and pension funds in the nation.

Scary thing what is going on in Wall Street this days.

They are not getting something for nothing. They are selling the Fed newly originated mortgages. Of course this does make them a little money, but there is some work involved as well.

Edited to add: As someone who handles stocks for a living i think a .25% surcharge is not a bad idea. Bonds should be exempt. It should only be applied to one side of the transaction....that would be sells. It really would only hurt those who partake in activities that hurt the markets.

I would prefer they used that money to buy the "bad" mortgage securities and turn around and refinance them on the same terms a new mortgagee could get on the same house. They could do that without losing any money.

reply to post by sprtpilot


Yeah, by the time I realized my faux pas... it was too late to edit.
Oops.

Originally posted by sligtlyskeptical


Edited to add: As someone who handles stocks for a living i think a .25% surcharge is not a bad idea. Bonds should be exempt. It should only be applied to one side of the transaction....that would be sells. It really would only hurt those who partake in activities that hurt the markets.

Thanks
Someone in the trade talking sense.
Unfortunately, the ones at the top, politically connected, will not go for it, if it hurts their bottom line, despite partaking in activities that hurt the markets.

Here is a great Idea.. everybody in the middle class on, welfare food stamps medicaid on all other government programs. will gladly give up every one of those programs if they just give us the middle class the same programs, That Corp America gets right now,,,

So instead of the banks and GE and all oil company's getting cash from the government every month give those subsidies to the middle class, Let the middle class invest in the stock market with customer deposits let us have the carrying trade, let us be able to front run the markets, with inside info,,, let the middle class put a value on are houses with out using a appraiser. These our the rules Banks are under right now.

You see right now the Banks don't throw darts at a board when they invest. They have a good understanding what is going to happen before the bell rings on wall street. plus they can use as much money as they want,, even tho the money is not there's Its there customers deposits

I say again the middle class will give up all government programs, If we can play by the same rules corp America gets,, Don't you people understand The FED set up the game so the banks always win no matter what,, with those rules even my pet Shepard can make billions... You don't even need investment money cause the GOV gives that to you to.

Its complete brain washing to complain about Obama phones food stamps,, This is a drop in the bucket,, Listen if anybody on here trades on there own like, or knows anything about 6E Cl going long or short, Knows exactly what I'm talking about cause we depend on real news,, If both republicans and democrats would take there time and inform themselves Instead of listing to Rush or Msnbc,, You would see that both sides are bought and paid for, By CORP America... as long as you keep fight between party's you will never see it..

The middle class built this country rail roads steal plants houses streets everything and its the middle class that are getting the shaft. GOD bless the hard working middle class,,,

Thanks to the OP for bringing this up. Webster Tarpley has been campaigning for this for some time now. Distribution of wealth in America is way out of whack and this would go some way toward correcting the situation by giving the government funds needed for renewing America's infrastructure and creating jobs along the way.

Tarpley the analyst is great but Tarpley the activist is even better.

Wall St. and corporate America are very important but they are not so important that they should be allowed to strangle the life out of the rest of the nation.

Originally posted by jacobe001

Originally posted by sligtlyskeptical


Edited to add: As someone who handles stocks for a living i think a .25% surcharge is not a bad idea. Bonds should be exempt. It should only be applied to one side of the transaction....that would be sells. It really would only hurt those who partake in activities that hurt the markets.

Thanks
Someone in the trade talking sense.
Unfortunately, the ones at the top, politically connected, will not go for it, if it hurts their bottom line, despite partaking in activities that hurt the markets.

Ya Mr skeptical will also tell you that those big wigs will pour billions into different senators and congressman to make sure this never happens they are already doing this,, Then they give them jobs when they leave office,, Lust look at Jud Craig,, Phil Gramm both gainfully employed buy the Bankers..

Bunch of folks seem on board because after all it's only 1cent per dollar. Nothing right?
What kind of leadership got us to where this discussion is even necessary?
Always a fix for our spending problem...find something else to tax.
It is 1% today.....so our socialist leaders spend more....we got the dough right...oops overdid it, but hey you got your government provided high speed internet, satellite TV, and cell phone right?
Damn let's bump it to 1.5%, then 2%.
Oh...let's check some real American History...that is how the damn unconstitutional but yet legal income tax got started.