mp6140
Recruit
- Messages
- 13
Mp -- Its Just The Very Very Beginning
Barney Franks et al have been hard at work to find WHICH agency should be put in charge of protecting us, which is, at the very least, extremely scary !
EVERYTHING is being gone into to protect the country from what happened recently, while everyone seems to forget it was the sub prime mess and the banks that caused the problem.
putting LIMITS on petro and metals, and any commodity that can be considered dangerous if left unwatched (and im NOT so sure i cant find some agreement there, as unparalleled greed WAS ALLOWED to screw the world for a heck of a long time) but when these things start, they end up somehow always being worked around by the larger insitutions and becoming handicaps to the smaller retail trader.
weve already seen some of the problems so theres absolutely no reason to believe the rest will not be as bad, if not worse !
today the US government insisted that UBS present the names of all its swiss account holders, which the swiss bankers refused to do, naturally --- this can only lead to more investigations in an effort to recover taxes for the US and has the import of new laws AGAINST US citizens trading from european countries forcing us into becoming criminals simply to trade, even if we pay all taxes due.
the ramifications of these moves will not be fully functional or felt for a while yet, but they will continue unabated as did the 55 mph speed limit for 20 years after it was no longer needed, as that is the way of government regulation and of managers who wish to protect their new budgets and jobs.
having a good european address handy would not be considered "overreaction" in this upcoming trading world.
lets just see where it goes, huh ?
enjoy and trade well
mp
happy in the UK at the moment and thinking of re-incorporating there very soon !
Barney Franks et al have been hard at work to find WHICH agency should be put in charge of protecting us, which is, at the very least, extremely scary !
EVERYTHING is being gone into to protect the country from what happened recently, while everyone seems to forget it was the sub prime mess and the banks that caused the problem.
putting LIMITS on petro and metals, and any commodity that can be considered dangerous if left unwatched (and im NOT so sure i cant find some agreement there, as unparalleled greed WAS ALLOWED to screw the world for a heck of a long time) but when these things start, they end up somehow always being worked around by the larger insitutions and becoming handicaps to the smaller retail trader.
weve already seen some of the problems so theres absolutely no reason to believe the rest will not be as bad, if not worse !
today the US government insisted that UBS present the names of all its swiss account holders, which the swiss bankers refused to do, naturally --- this can only lead to more investigations in an effort to recover taxes for the US and has the import of new laws AGAINST US citizens trading from european countries forcing us into becoming criminals simply to trade, even if we pay all taxes due.
the ramifications of these moves will not be fully functional or felt for a while yet, but they will continue unabated as did the 55 mph speed limit for 20 years after it was no longer needed, as that is the way of government regulation and of managers who wish to protect their new budgets and jobs.
having a good european address handy would not be considered "overreaction" in this upcoming trading world.
lets just see where it goes, huh ?
enjoy and trade well
mp
happy in the UK at the moment and thinking of re-incorporating there very soon !
