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In Support of the 'Tobin Tax'

I disagree with a Tobin Tax. Politicians only want to use this tax to make some easy money while the tax initially was supposed to stop speculation. Well I think if you tax 0.1% of the total value of each transaction indeed all speculation will stop.For a trader it is just impossible to make 0.1% on average on every transaction.

I will pull all my money out of the stock market for sure because why would anyone want to be invested in stocks? Management of listed companies pay themselves on average 350 times that of the average worker so they absorb all profits made if they make any at all. The only reason stock markets go up is because they create more money and not because these listed companies create any value. Look at these companies. Most go bankrupt within 2 years after the IPO and the management has their pockets filled with millions of dollars. Why the hell would anybody put their money into something like that.

The only thing what will happen if you introduce this tax is that holders of assets will jack up prices. If I would have an oil company I would make sure these oil futures will be high. No more traders to worry about. I expect you will get a dead market with improper valuations all over the place. I for sure will have nothing to do with it. The people who own the assets will determine everything and the world will be a bit more unfair as it already was.

If you politicians want money why don't you look at some people who have been compensating themselves outrageously for years. Dick Fuld with 1 billion on his bank account and many more of these crooks. Management of listed companies paying themselves 100-s of millions of dollars. That is just unfair. If they want to do that they should take the company private. But that's not what they want because if they were a private company they would be gone within 6 months with the compensations they give themselves.

The markets are a closed system. It is not like all traders can get rich. Some lose some win. Myself I follow the trend with only small transactions. It makes me sick they always find some easy way to steal from you.

Natural Gas ETF: The Short-Term Story

are natural gas spot prices updated once a day?

Dead Dog Survey (Part 1)

you just assume things and give no proof. You are assuming PINN has lack of judgment. Better come up with some proof of this.

Natural Gas: Production Is Key

what will this all mean for the small coal bed gas companies like GST, QRCP, PINN etc. Will they all go bust?