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Explorer
 

Registered: Dec 2009
Posts: 536

 

06-21-12 11:32 PM

Dutch Finance Minister: Financial Transactions Tax Very Damaging for Us

http://online.wsj.com/article/BT-CO...621-714451.html

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andohmeeta
 

Registered: Dec 2009
Posts: 225

 

06-21-12 11:39 PM

Netherlands' De Jager, "I can tell you we will not be among the countries that will sign up to the enhanced cooperation"

http://online.wsj.com/article/BT-CO...621-714451.html

This may be insignificant (or perhaps not). UN's Moon has appointed G20 ftt refuser, Oz PM Gillard, co-chair with Rwanda of a panel of "global experts" encouraging increasing government aid to fight poverty and climate change. Her panel includes Geldof, T. Turner, J. Sachs and Mandela's wife. They target the smallest voices to make the loudest noise then apply the psychological blowtorch, just as occurring with those little EU countries.

The woman can't run her own country despite it being a paid full-time job.

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tomdavis
 

Registered: Apr 2009
Posts: 1852

 

06-22-12 01:55 AM

The more things change, the more they stay the same....

I've gone back and reviewed EU positions from a year ago. Nothing of substance has changed.

EU-27 opposed: the UK, Sweden, the Czech Republic, and probably Denmark.

EU-17 opposed: Malta, Ireland, Luxembourg, the Netherlands.

There's still no way to get either an EU-27 agreement or an EZ-17 agreement. So that leaves enhanced cooperation as the only option.

The bigger question is: Will the FTT come to a vote, or will they kick the can down the road? As long as it doesn't get voted on Barroso and Semeta don't have to admit defeat.

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listedguru
 

Registered: Aug 2002
Posts: 1571

 

06-22-12 02:11 AM


Quote from sheda:

http://ourfinancialsecurity.org/blo...etter-final.pdf


Claimed letter.



Wow. This is hard to believe. I just can't fathom why these so called 'experts' would sign a letter saying the ftt is a good idea. Being in the industry surely they can't be that stupid can they? This really boggles my mind.

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lindq
 

Registered: Mar 2002
Posts: 2475

 

06-22-12 03:08 AM


Quote from listedguru:

Wow. This is hard to believe. I just can't fathom why these so called 'experts' would sign a letter saying the ftt is a good idea. Being in the industry surely they can't be that stupid can they? This really boggles my mind.



Run a 'Search" on the word FORMER on the list of signers. See how many times it pops up.

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Explorer
 

Registered: Dec 2009
Posts: 536

 

06-22-12 04:02 AM


Quote from tomdavis:

The more things change, the more they stay the same....

I've gone back and reviewed EU positions from a year ago. Nothing of substance has changed.

EU-27 opposed: the UK, Sweden, the Czech Republic, and probably Denmark.

EU-17 opposed: Malta, Ireland, Luxembourg, the Netherlands.

There's still no way to get either an EU-27 agreement or an EZ-17 agreement. So that leaves enhanced cooperation as the only option.

The bigger question is: Will the FTT come to a vote, or will they kick the can down the road? As long as it doesn't get voted on Barroso and Semeta don't have to admit defeat.



http://europa.eu/legislation_summar...peration_en.htm
"[Enhanced cooperation] may be undertaken only as a last resort, when it has been established within the Council that the objectives of such cooperation cannot be attained within a reasonable period by the Union as a whole."

If there is to be an application for enhanced cooperation,there presumably would need to be a vote first of the whole 27 so Barroso and his cronies can't kick the can down the road for ever. A Dutch paper yesterday reported that the proposal would be scrapped tomorrow.

What puzzles me is how today's announcement by Germany fits in. They seem to want to push for a somewhat different FTT than that proposed by the EC which would include currencies (which doesn't even seem to be legal incidently), and I guess they wouldn't want to give the proceeds going to the EC either.

Would their proposal have to go through the same lengthy procedure that the original proposal has gone through - including being accepted by the european parliament and european commission in the first place - or, given that any new proposal would almost certainly end up with the same supporters and opponents as now, could Germany apply for enhanced cooperation on the current proposal and then be allowed to modify it (assuming they could find 8 or more others anyway which seems doubtful)?

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