Delaying Tax Vote Could Crash Stock Market

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It would be interesting to see what would happen if Wall Street was closed for a year. It happened once, when we were at war. Maybe people might get out and look around, heck they might have to do some manual labor & maybe see just how the rest of the world is living. Maybe with it closed, no one would lose or win!

GB of MT 3:04AM December 06, 2010

This talk about all these options expiring December 15th ... which is a Wednesday. December equity options expire Saturday, December 18th, the last day to trade December equity options is Friday, December 17th. I'm glad I'm not a client of these jokers!

Glenn Updike of VA 8:09PM December 05, 2010

More Scare Tactics by Wall St Gluttons--- As long as the mysterious "FED Reserve" (GS and large banking interests) controls this country's monetary policy the stock market is one big shell game plain and simple... they make the rules and change them whenever they desire--- to think that there is some transparent oversight that acts on "behalf of the people" is like believing in santa claus... whenever these gluttons decide a shift in the wealth paradigm is desired they concoct a program that they raid as insiders and then later close the doors and run hiding behind their ivory walls leaving the bill for the cleanup to the "poor suckers' they just fleeced... over and over and over--And you wonder why we're growing to be more hated the world over? Americans are spoon fed the lie that their institutions are the "watchkeepers' of honesty in the world--- how many of the crooks responsible for this latest mess went to prison?

dc of CA 11:28PM December 04, 2010

After this administration wasted TRILLIONS of dollars on useless programs our economy is still floundering and unemployment is still rising. Now our miserably unpopular (11% approval rating) congress has decided in their ham-handed, nit-witted naiveté to pay for their spending orgy by raising taxes on small businesses and killing retirement funds in the process. In these times of economic doldrums, why do these idiots want to hamstring the economy with their "argumentum ad odium" arguments?

David of CA 9:21PM December 04, 2010

Come on! What is another $50 million to the billionaires who control 85% of the paper stock market? Even moderately wealthy investors like my father who have money on Wall Street have their financial planners to guide them through tax pitfalls. More scare tactics. If the market drops it is because we are no longer a manufacturing nation and our dollar is growing more worthless on the world stage. The billionaires are unhappy with Obama, however, so the tax cut issue will be used as an excuse if they do decide to manipulate their market...

Big Bear of ID 6:36PM December 04, 2010

If only "Mainstreet" understood economics and skipped the hypocracy. The facts are that you can't put money into something new without taking it out of where it was. So where WAS that money you want to have the government take from someone and give you? Be VERY careful, it was probably in YOUR paycheck through the sale of the goods and services YOUR company was providing to the market place. Scream " take it from the rich" and then watch your paycheck drop like a rock. And don't go off on your hypocracy rant of "fat cats..." Do blue collar workers volunteer to give back some of thier compensation to keep thier companies healthy or fix the economy? No, exactly like the "fat cats" who cling to thier position that they are entitled to their compensation, blue collars want to make cuts in someones elses pocket to maintain thier own financial postition. I have no respect for people who, in a useless attempt to stick it to someone else, they end up on the unemployment line begging for more than 99 weeks of handouts. The solution is not to take it from someone but to INCREASE the resources available to everyone. Do us all a favor and answer that one question: What is the money the government wants to take, doing in the economy now?

Wake Up! of AK 2:22PM December 04, 2010

The government should not attempt to manipulate the stock market. Either bail out "main street" or nobody at all.

Randolph Miller of OR 1:18AM December 04, 2010

The tax rate on bond gains is the same for income and that doesn't deter the huge move into bonds so why would not extending the tax cuts "crash stocks"? This is just someone talking off the top of their head and a reporter needs to write something. That's the basis of this story.

Charles Riven of AR 9:43PM December 03, 2010

I feel so sorry for those that think their is no God but they believe in evil. You can believe everything the devil puts in your head. But I'm telling you from experience, there is a God. And just know that when you hit rock bottom, he will be there for you. Take this test. Don't eat or drink anything but water for 24 to 48 hrs. Go somewhere quite, where no one can disturb you. Turn your phone and tv off. Get on your knees during this time an pray. Just ask God to reveal himself to you. And if you get nothing out of your time alone seeking God, then you can come back here and talk that ignorant Louisiana talk. You have to seek him with your whole heart. He's not going to just appear and say, you hoo, I'm over here. God bless, and you will be in my prayers.

Diane of KS 8:23PM December 03, 2010