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More Downing street spin. We knew that the IMF was looking into the tax among other options as well. Still the UK says they will have input to make sure the IMF is just not going through the motions on studying the tax. Who will watch teh UK to make sure they are not the cheerleader on the...

I agree with you, Hoyer did mention at one point it could be a tax on large transactions, but he didnt mention what large would be. I can see it on insititutions though

I am sure the tax will alwys be on the burner for a while, but getting it thru both houses will be difficult if not impossible.Maybe in some sense like Larsons bill on derivitives or something of that manner. So far total support has come from a few and lefist dems at that, even Lord turner said...

Dont worry about being spooked, trasnaction tax wont make it past the senate if even a chance it makes it there. There is more then enough opposition in senate including many dems. if you dont believe it write to the dem senators and see some of the respones you will get from them. I have gotten...

Lord turner cracking a little, he use to say all trading was socially useless now from todays CBI conference: 16:20pm: It's the final question and answer session of the day, and Turner is on the attack again. A Tobin tax (or generic tax on all financial transactions) should not be ruled out...

Another good read posted a few minutes ago, http://www.reuters.com/article/ousivMolt/idUSTRE5AM2OP20091123

Very good read. http://www.forexyard.com/en/reuters_inner.tpl?action=2009-11-23T152711Z_01_GEE5AL0BG_RTRIDST_0_FINANCIAL-LEVY-ANALYSIS

As oer Google: He is today an economic advisor to President Barack Obama. Mr. Volcker heads the President's Economic Recovery Advisory Board

If you google the news as usual. There are a ton of articles about the IMF speaking at the CBI in britan today, nothing about Tobin from the IMF other then saying they are looking at maby options. Thats good! So far the only person to utter the word tobin is brown :)

Just so no one is surprised there is a CBI meeting with governement officals in teh UK Brown and Adair turner, so they will bring up Tobin tax. This was a schuedled meeting for some time, and its been know since the summer they will bring up the tax at this meeting, so no one freak to much about...

Let the Euro Zone try it first. Then the US will sit back and take all the buisness here! We say it has to be international rule but as soon as someone doest it first we wont, and we shall take their business, we want their money. The ECB Trichet is not for this tax, strongly opposed. This guy...

U.S. President Barack Obama has also noted the need for “a Financial Stability Fee on the financial services industry so Wall Street foots the bill -- not the American taxpayer This is what papers are taking as an Obama support of the tobin tax. This line was as the financial crisis started...

It will make it a nice xmas if they send a bill to the senate with out this tax in it!

Will feel more comfortable when the jobs bill is out of the way

Plus I like how the OXFAM guy keeps talking as if the money would goto third world. The only reason why congress brought it up here was because of jobs and the defecit, nothing more. No money would be funneled the way OXFAM wants

Thats Guardian spin pulling from an article on the g20 meeting in Sept where guardian said Obama administration was interested in it, also thats when Merkel was saying that exact thing before her elections. Since she was re-eleceted with her coalition she has not said a peep about the tobin. She...

That dam OXFAM, I hate them, typical spin on tobin, here is an article just posted from guardian as well, its not terrible for once. Still in favor but pointing out US is against it and atleast calling dem defazio a left leaning dem, instead of powerful dem as they usually say...

http://www.thenational.ae/apps/pbcs.dll/article?AID=/20091121/BUSINESS/711219960/1058&template=columnists Article about insurance premium, decent read

I have been there losing more then I had in my futures account, so becareful. I can tell you its not fun, neither is spending years trying to rebuild. Albeit I did not do it no mini's but I did it on naked short options. So please use stops and the other poster was right dont hold overnight if...

I wouldnt worry about Geithner to much since yesterday the WH back him up and defended him vigouously. Even so its not the treasury sec, he works for OBAMA and his economic team and thats who gives him the transaction tax directive. I care about the most, the senate. So far so good there! I...