I’m please to see that politicians are tackling the real cause of the financial mess, mortgage fraudsters and Wall Street Criminals. I have to admit that I got a giddy when I read….
“Under the House version, large financial companies including Goldman Sachs Group Inc. and J.P. Morgan Chase & Co. would be hit with billions of dollars in fees and would see new restrictions on their operations.”
Well, honestly, it makes sense for government to go after that only people that have billions to pay for the mess. Not like they can create a bill that taxes billions of dollars away from people that have lost their homes and are now sec 8 renters.
However, the older I get the more cynical I get…and with take I hope that this new tax on stock transactions are paid by the institutes like Goldman Sachs and not passed down to the independent traders.
http://online.wsj.com/article/SB126055726422487665.html?mod=rss_Today’s_Most_Popular
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