True Lies government

 CBRC Chairman Liu known, at the Boao Forum on the bailout the first public comments by the media as side of the general direction of stamp duty has been set, but in operation, equipment? easy to make mistakes, correct mistakes that difficult, not knowing the consequences of this error is caused by loss of integrity. The key lies in the interests of national sectors in trouble, according to statistics, since last May 30, the stock trading stamp duty from 0.1% adjusted to 0.3% , then the amount collected reached 200.5 billion yuan. If you include brokerage commissions in 2007, investors paid a total transaction costs of more than 3,000 billion yuan, far exceeding all the listed companies net profit of 264.6 billion yuan in the first half. And this year, quarter of stamp duty on securities transactions completed 59.7 billion, an increase of 387.8 percent, also more than 2007 listed companies in the overall size of 50 billion dividend!
precisely because the government's loss of faith, coupled with a lot of irresponsible remarks, leading up to 6124 The Shanghai Composite Index point only six months, to below 3,100 points, most of the stock price was cut short, the Chinese stock market has hit the most, the stock market in the world, is also rare. an increase of nearly 4 times the stamp duty on the lawless strong blood drive, so that investors have become a model tax vomiting blood. It is not so much the cost is too high a stamp duty of frustration, as it is a mockery of its injustice.
issued today, despite the Commission on the size of the the management of non-normative approach, but the premise of the lack of integrity, market sentiment has been depressed to the extreme, the market shot up failed, the end result of lack of popularity continued to fall.
the stock market is not a simple adjustment of economic and financial issues the adjustment is more popular, then how to adjust? key is how to re-establish the integrity of the Government to establish the integrity of the market for popular government, and only this set up, the stock market to take a good! But let the Government to rectify their mistakes easier said than done, as this, the stock market downturn will continue.