Wednesday, December 9, 2009

Pelosi Math

The proponents of the transaction tax claim it will raise $150 billion dollars based on their math. Of course, if their proposal could be retroactively applied, the firm of Sullivan Crouth Trading, a proverbial "flea on the elephants ass" of U.S. trading, would owe the Feds $125 billion for the last 10 years. Wait a second while I get my checkbook-- I usually sign the checks on the dashboard. I think that makes three things clear; the proposal is absolutely ridiculous, the politicians who back it are either brain dead or liars, and Pelosi and that guy from Oregon could not care less about creating jobs.


  1. Couldn't agree with you more. Loved the reference to the Blues Brothers!

    Came to your blog from your comments on the thread. I am also a trader and interested in economic / legal issues and though it'd be fun to connect.

  2. Thanks ScatterGood. Just saw your comment now as I haven't used the blog to vent in awhile. Sorry I didn't get back to you sooner.