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Do you know the procedure to force the EU/EZ FTT to a vote?

That's a key question. The other question is whether there's a procedure for another country, or group of countries (e.g., UK, Sweden, Malta, etc.) to force a vote. A defeat in Europe won't make the FTT go away, but it could shift the momentum for a while.

When will it actually come to a vote? Merkel, Sarkozy and others could prevent it from coming to a vote if they can't win (which they can't right now). So perhaps they'll just keep pushing it into the future and keep it hanging over everyone's head. Does anyone know if there's a way to force...

Finland is like Luxembourg where the PM and FM are making completely different public statements. In Luxembourg, the Prime Minister is anxious to have the EZ-only FTT and the Finance Minister speaks against it. Finland is the opposite. The PM is against the EZ-only FTT and FM in favor. You...

http://www.yle.fi/uutiset/news/2012/01/finance_minister_urpilainen_supports_financial_transaction_tax_3158124.html Finland’s Finance Minister Jutta Urpilainen: “I hope the tax would be effective over the widest possible geographical area with the participation of several European...

1. The US did not prosper in the 1950s-1960s because of high taxes, but rather because of the aftermath of WWII. The period of 1945-1965 established the US as the leading manufacturing country in the world, not because of our manufacturing prowess, but rather because of our military might. At...

In recent months I've seen/heard statements from Finance Ministers from Austria, Belgium, Finland and Portugal say they would support an EZ-only FTT. An EZ-17 agreement isn't possible because Malta, Cypress, Ireland, Slovenia and the newly-elected government of Spain have said no...

Magrethe Vestager, the Economy mininister of Denmark, is perhaps the farthest left politically of the all the politicians speaking out in recent days. She's an adamant supporter of the FTT -- but she says that an EU-only FTT would cost "hundreds of thousands of jobs" and therfore her party can...

This quote from Ulzurrun comes right after the Danish Finance Minister said that the EU-FTT would "cost hundreds of thousands of jobs," and that Denmark would only support the FTT if it was global. What a clusterf*ck. Do these people have any idea how stupid they sound? And Merkel seems to...

The unions are pushing hard for pro-FTT studies at universities across the US in an attempt to overwhelm political candidates in the November 2012 election. Their goal is to make the FTT a "money-and-votes" issue. They've even targeted candidates for "conversion" and are going to get them to...

The Dutch Ministry of Economic Affairs (CPB group) did an extensive analysis of the FTT in December of 2011 and called it a "slecht idee" (bad idea). http://www.cpb.nl/persbericht/3211207/financiele-transactiebelasting-slecht-idee

The previous ruling party in Denmark said they would only support a global FTT. Vestager and her party came to power in elections a few months ago in which they strongly supported the EU-FTT. Now Vestager and her party seem to have flipped back to the position of the previous administration.

The article is quite revealing. "France was moving too fast and rashly to unilaterally introduce a financial transaction tax this year, a German government spokesman said on Friday." Could it be that Germany doesn't want a few countries to go it alone because the FTT in a few EU countries is...

This might be a good time to force the EU-FTT to a formal vote so everyone could see how many countries are against it. If Germany's not supporting it, France may be the only country voting Oui.

It looks like Germany is giving up on the FTT for now. They're saying they'll only do it if it covers all 27 EU countries. Not a chance of that since the UK, Sweden, Malta the Czech Republic and others have adamantly said "no."...

Or perhaps, and this is just a guess on my part, maybe Merkel did the math and didn't like what she saw. At the end of 2011, this is how countries had lined up on the FTT: EUROPEAN COUNTRIES AGAINST THE FTT: EU-27 countries against: (1) UK (2) Sweden (3) Czech Republic (4)...

Google translation from German article above Financial transaction tax: Berlin wants EU-wide agreement 06.01.2012 | 12:13 | (DiePresse.com) The German government refuses to go it alone in the introduction of a financial transaction tax. France wants vorspreschen here alone. Germany...

Backtesting. The breakfast of champions.

Why do you think the Eurex exchange is not concened?

Today, journalists pride themselves on being activists.