Wednesday, November 24, 2010

Top Ten China's stock market chaos Water Paper

 Water Paper: China's stock market chaos
---- Top Ten pledge allegiance to the General Secretary General Secretary
Dear:
this year, China's stock market chaos, people across the country worried that they are now grouped into the top ten I disorder, pledge allegiance to you.
one up easy to fall hard
has never been a tax stamp, such as stamp duty on securities transactions so that the whole people hated, and I never made a financial policy executive arm so notorious!
5.30 last year, the Government adjust the stamp duty unconscionable process is a process of power: first, a small circle of decision-making process, a report said the SFC Board, countersigned by the Ministry of Finance, the State Council approved, for a charge related to the object so wide, so high the rate of increase tax policy, without careful research, meticulous certification, hasty decision, in line with scientific decision-making, democratic decision-making approach it? followed by the execution of a mystery, when the market is when the news spread, the Commission denied that the Ministry of Finance denied a day or two after the 12-point night was suddenly announced that hundreds of millions of investors by surprise! old saying: Fee evil efforts, fair in war, where land is the people as mustard? simply as people as Kou Chou! again is the implementation of the consequences of irresponsible. It is said to adjust the stamp duty is aimed at curbing speculation, extruded foam, you stifled speculation ? bubble squeeze off? no: no adjustment of stamp duty before January to early June, nearly 6 months, stock index rose from around 3000 at about 4300, up 1,300 points, while the adjusted 6 to 10 months almost 5 months, stock index rose from 3400 near the vicinity of 6100, up 2,700 points, or soaring inflation rate is rapid, especially distressing is that the amount of price in accordance with the laws of Shanghai day , if not the management of this intervene, the market is likely to start in 4500 near the natural adjustment, in particular, the Fund received a lot of fall of cheap chips, they are easy to frantically pulled out of the blue chips, was abandoned as a market stability power part, pry the center of the broader market as the market price of blue-chip, creating the largest since opening in Shanghai and Shenzhen bubble! so not only did not review the decision-making errors, not corrected, and no one to take responsibility, even far Even if not an apology, in line with governing for the people, the administrative concept of mistakes must be corrected you?
since October of last year, overwhelmed the stock market retreat, review the stamp duty by the sound waves are also ranked high, particularly Since this year, the stock market is blew out, counting from 6124 points, 5 months has fallen 2767 points, down 45% since the May 2005 rose almost 3 years fallen 54%, investors, experts, newspapers , television overwhelming, hoarse, called the stamp duty cut as soon as possible, but the rock solid management stubbornly that it should not save the market administration, numbness Hunkui so, indeed the common people in tears! In fact, the public is not expected to be kind to the management Schein rescue, but we do expect management to spare, do not harm the evil city taxes, as good citizens strongman Gamba kick trample down, innocent people cry, strong man heels, and non-strongman Grace, but nothing more harm to stop.
harm come to?
one plunders excessive deficits .2007 Securities and Exchange reached 200.5 billion yuan revenue from stamp duty, up 10.2 times in 2006, almost 16 years before the sum and the annual 52 trillion of transactions amount, in theory, gave away 300 billion brokerage, two add up to more than 500 billion; and 73 were issued during the year funds, the scale of 419 billion yuan, of which about 36% of bond funds, so the actual investment in secondary In theory the market is only 268.1 billion, hatchback weighed out into a half times! but all listed companies in 2007, the distributable profits of about 2000 billion, equivalent to the state took away all the people hard trading year, the overall result is a negative income,cheap UGG boots, which is a reasonable investment market do?
Second, the tax is extremely high, and took the wealth of China Lee .2007 government revenue reached 5.13 trillion yuan, an increase of 32.4% over the previous year, an increase of GDP growth rate of almost 3 times since 1994, has been for 15 years, much higher than the GDP, fiscal revenue growth, revenue growth is much higher than ordinary people. a certain distribution of national wealth, the ratio is a good few people and more countries, the usual allocation is synchronized national , and the distribution of cruelty is less country and more people! if such a huge wealth from the people and also benefit of the people, naturally people have nothing to say, however, scholars Wu Zhongmin, according to estimates, the basic livelihood of GDP, investment the ratio of the first in the world rankings last! of the Chinese people is still the world's poorest people, they put the stock market funds is that they live frugally, at the expense of other people in society to enjoy the colorful life and saved up, To make no guarantee of survival is expected to be more calm, they rushed into China, the policy of market risk to the most complicated and confusing, and the Government to implement the world's highest stamp duty, more year of record growth of 10.5 times the plunders, is not the Government Most of the people of the heavy ruthless plunder it? one side is the world's first win, while giving the world's last first, Is this the poverty-free sign, unconscionability. Release in China's current system, a rich pipeline market,UGGs, the secondary market is poor slaughterhouse, a wealthy market transactions is the main funding agencies, secondary market The main body of material wealth in the retail trade of civilians, but itself has a , What is justice?!

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