That is a really lop sided Wiki article, almost as if Brown, Sarkozy and Paul Krugman the loonie Economist scripted it themselves. I have amended the Debate section to strengthen the claim against the tax:- ... constrain the effectiveness of the global economic system, increase price volatility, widen bid-ask spreads for end users such as investors, savers and hedgers, and destroy liquidity... 'destroy' sounds a little better than 'dry up' liquidity, don't you think?
I added this paper to the Wikipedia 'Opposers' section. First time I've contributed to Wikipedia and nothing to be afraid of. I encourage others to do the same... For all I know Lanne,Markku and Vesala,Timo are a couple of grad students! Judging from the unbalanced Wikipedia description (SO FAR) we are down 14-3 after the 1st quarter. Come on traders!!
An old friend in Hungry is learning to learn the ASX - it doesn't make sense to learn to play the USA market with this tax hanging over it. This means less commissions/fees for US brokerage and exchanges. What a way to create jobs!
TARP makes profit of at least $16 bln so far, Treasury says http://www.marketwatch.com/story/tarp-profit-at-least-16-bln-so-far-treasury-2009-12-23 Why is this TT bill even relevant?
Good idea, I added an IMF paper I think thats why they went from the "lets get wall street to pay for the bailout" to "it can pay for future bail outs" to "make them pay for climate change"
Here's a letter (petition) in favor of the Transaction Tax. The kicker is they are calling for the rate to temporarily be 1% (LOL). http://www.jubileeprosperity.com/mo...rary-tobin-transparent-total-transaction-tax/ -Guru
http://www.ft.com/cms/s/0/06a8cade-ecc6-11de-8070-00144feab49a.html UK PM Brown's key Labour party person is saying Brown is playing the populist rant card too much and he is alienating middle England enough to lose the election. Hopefully Brown will wise up and not trash UK leadership in financial services which is tied to the hip with the US - and drop the transaction tax idea. Another front. read a ny magazine cover story on Obama losing his mantle. Important writer started the article labeling DeFazio the great populist leader and in a deragatory thorn in the side of Obama way. From iPhone