Jetlag Posted December 21, 2009 Report Share Posted December 21, 2009 I wonder how our stoolie agent in the phillipines is doing. Tropical storms, earthquakes, tsunamis and now a Volcano eruption http://www.cnn.com/2009/WORLD/asiapcf/12/2...uate/index.html When it rains down there it really pours Link to comment Share on other sites More sharing options...
ChicagoBear Posted December 21, 2009 Report Share Posted December 21, 2009 An increase in the cap gains tax has never been on the table. It's just not discussed. In fact, the push has always been to eliminate it. There's a bit of a problem with the expiration of the estate tax at the moment, however. http://thehill.com/homenews/house/73159-es...ltiple-lawsuits Here’s a story that almost was. My grandfather passed away the week after Thanksgiving at the age of 95. He was a very successful business leader and after a full life, his one last purpose was to live until 2010 so when he passed on, he could avoid the estate tax. To him, it was like giving the finger to the government one final time (which is really funny, if you knew him ). We used to joke with him that if he passed early, we were going to duct-tape him in his chair and report it on Jan 1st (morbid humor – but everyone thought it was funny). Unfortunately, he came up one month short. Just for reference, between federal and state taxes, they’ll end-up taking 61% of his estate. The irony is that it may not have mattered anyway. It sounds from that article that if the Dem’s have their way, there will be no gap in the estate tax. To bad for Grandpa – he subjected himself to a few more bad Cubs seasons than he needed to. I hope he is enjoying the fairways up in Heaven’s Country Club. He was a 5 handicap into his 70's! Link to comment Share on other sites More sharing options...
Ags Nightmare Posted December 21, 2009 Report Share Posted December 21, 2009 34 User(s) are reading this topic Where'd everybody go? Longs,,, Shorts... Link to comment Share on other sites More sharing options...
patents Posted December 21, 2009 Report Share Posted December 21, 2009 SPU bouncing in the ever narrowing area between 1109 and the 5 min downtrend from the high an hour ago or so. Which way will the break be? Momentum indicators at lows, as typical for pre-launch. Link to comment Share on other sites More sharing options...
Drano Posted December 21, 2009 Report Share Posted December 21, 2009 BIDU ! Link to comment Share on other sites More sharing options...
Ags Nightmare Posted December 21, 2009 Report Share Posted December 21, 2009 What will they think of next.....Faith based ETF's launched today.... Somehow GOOG and MSFT ( bing ) seem to break the funds rules on the porn end,,,,Marrissa was asking the guy about NKE and Tiger which is another top holding and he said Tiger didn't count...looks like a blue chip stock fund to me. http://www.dailyfinance.com/story/investin...denomi/19275138 Link to comment Share on other sites More sharing options...
patents Posted December 21, 2009 Report Share Posted December 21, 2009 On my 5 min SPU chart, 20 SMA on top of 50 SMA. Time for the ramp to begin? Heaven forbid the 20 crossing below the 50! Link to comment Share on other sites More sharing options...
Ags Nightmare Posted December 21, 2009 Report Share Posted December 21, 2009 2 PM jam coming..... Link to comment Share on other sites More sharing options...
Drano Posted December 21, 2009 Report Share Posted December 21, 2009 What will they think of next.....Faith based ETF's launched today.... Somehow GOOG and MSFT ( bing ) seem to break the funds rules on the porn end,,,,Marrissa was asking the guy about NKE and Tiger which is another top holding and he said Tiger didn't count...looks like a blue chip stock fund to me. http://www.dailyfinance.com/story/investin...denomi/19275138 big deal, "socially responsible" funds have been around a long time. Just another marketing ploy. Link to comment Share on other sites More sharing options...
dogsie Posted December 21, 2009 Report Share Posted December 21, 2009 34 User(s) are reading this topic Where'd everybody go? My guess is that many have gone to get ready for the arrival of this guy. Link to comment Share on other sites More sharing options...
Ags Nightmare Posted December 21, 2009 Report Share Posted December 21, 2009 big deal, "socially responsible" funds have been around a long time. Just another marketing ploy. I don't think you can find 25 socially responsible companies anymore..agree,,,heard the guy this morning who launched one of them and he was very evasive.... Link to comment Share on other sites More sharing options...
Drano Posted December 21, 2009 Report Share Posted December 21, 2009 BIDU ! ! Link to comment Share on other sites More sharing options...
Trader Joe Posted December 21, 2009 Report Share Posted December 21, 2009 Great News !!! Eddie Supernova is gong to be on "Lost-Late" with his thesis of why the old "Dollar Down - Market Up" is now dead ...and why "Dollar Up - Market Up" is the new normal Can't wait !!!! F**king ass punch douchebag say's what? Eggsactly... Thanks douche! Link to comment Share on other sites More sharing options...
I_Am_Madness Posted December 21, 2009 Report Share Posted December 21, 2009 New low today on Gold and EUR/USD. Looks the decouple is official for now.. Link to comment Share on other sites More sharing options...
Jorma Posted December 21, 2009 Report Share Posted December 21, 2009 The relentless lowering of the top tax rates and capital gains rates and the effective corporate tax rate has been causal of everything the critics of the status quo rail at. Not tangential, causal. This is the ideological divide that cannot be crossed. The free market of necessity, free of redistribution by taxes, distributes income assets and power to the top. This is an iron law. Embrace it, accept it and don't complain about it. For 30 years, perfectly coincident with lowered taxes at the top, income and assets have skewed to the top and growth has slowed. That's a long enough experiment to prove the case. This is the result of the elimination of progressive taxation and the favorable tax treatment of speculation over working for wages. If the government doesn't distribute income and assets the banks and Wall Street will. Pick your poison. Economics is just another name for politics. A stupendous ideological mansion has been built that defines freedom as exactly what we have now. Goldman Sachs running the Treasury. I don't know why all the carping about it. It puzzles me. Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.