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Notice they are again manipulating you into beleving that a change has already happened (like with that previous spin on the IMF staff report). How skillfully, with just a single phrase, they led us to believe that some lurch to the left has happened over the past 6 months in the Commission's...

One should probably avoid using that verb in the past tense;), unless we want to be lumped together with 80% of ET posters or worse still, with Joseph "I predicted that crisis" Stiglitz;) BTW, the European Parliament's Economic Affairs Committee is hardly "the EU", not even equivalent to the...

Notice that in more precise sources "Tobin taxes" are used in plural (e.g. "Tobin tax ideas" here: http://www.eubusiness.com/news-eu/finance-economy.2u6 ), and some parties are again trying to exploit the confusion between a "bailout insurance premium" - a targeted levy on systemically important...

No point convincing and educating here - they probably know very well what they are doing... that one was probably planted by PR agencies so as to resemble an "industry initiative"... time to stop thinking that "financial" media like FT or Bloomberg should be automaticaly anti-FFT... or...

"International Monetary Fund economists, reversing the fund's past opposition to capital controls, urged developing nations to consider using taxes and regulation to moderate vast inflows of capital so they don't produce asset bubbles and other financial calamities." [ source: "IMF Suggests...

This deputy Finance Minister, i.e. two steps removed from the PM, and a PM-basher over the Iraq involvement, is in fact hardly a mainstream politician, and clearly a trade unions man, so class war as usual, a solitary voice, "Japan's Tobin man": "Senior Vice Minister of Finance Hokkaido...

So "now is the time" for the Slippery Slope fallacy? (see http://en.wikipedia.org/wiki/Slippery_slope ) Or maybe there is some logical connection and expected future progression between Wales and finance (?) But the usual Madonna-Keynes badly chosen targetting applies... because... wasn't...

So Tobin is now big in Japan, ey? Notice how their viral anti-capitalist campaign travels further and further east... I suspect that some atoll in French Polinesia would be their final destination. But Japan has already withdrawn from similar measures, i.e. brokerage commission controls...

In-house logfile analysis is exactly the way to perform a sensitive vote in which the website owner has a vested interest. So the only vote-rigging which goes on just happens to be on the NO side, exactly as reported by the YES-side proponents, with exclusive monopoly access to the voting stats...

The two are being used interchangeably, and tax opposers, such as that Today programme interviewee (he shall remain unnamed because we have some mercy), should really try to distinguish a Tobin Tax (aka Robin Hood tax) from the Obama / Borg insurance levy on bank liabilities. Tax or levy, it is...

There was some coverage on their flagship station (Radio 4): Not part of headlines, by any means. Merely a 3 minute interview with Bill Nighy pushed to the second half hour of their hour-long evening news programme called PM ( http://www.bbc.co.uk/programmes/b00qgsg9 , starting at around 38...

...and not surprisingly - so far no coverage by the BBC's (at least by the influential stations such as Radio 4)... No oxygen - no fire. They needed those billboards badly, because they have been effectively barred from the mainstream media (which used to be champagne socialist as well, but saw...

Perhaps they should find some time to read the Council Directive 2008/7/EC of 12 February 2008 concerning indirect taxes on the raising of capital. "It provides for a general prohibition on such taxes, notably capital duty, though certain countries may continue levying it for the time being"...

They are indeed exempt in the UK, but so are derivatives. The U.S. version was designed to be water-tight though. They called it "the principle of broadest possible applicability". Most of the avoidance techniques proposed here have been covered: there would be no exemptions for OTC...

Let me make one thing clear, just to avoid internal divisions like this one. Bankers are on the same boat: there would be no exemptions for their 'all important' market-making activities. Customer or firm, everyone would pay up the FTT. They called it "the principle of broadest possible...

So the stock transaction revenue is still double-counted (taxed at 0.5%), as if there were no exemptions for the intermediaries, which in the UK account for 70% of the stock market volume. That mistake alone sets them back by up to $54 bn annually. How about the second largest source of...

Yes, one has to admire this man's intellectual honesty (ironically, no irony there). But playing an objective scientist, hijacked by the populists is probably the most effective technique after all - it is the fair prosecutor that defense lawyers fear most... So what Mr. Baker has just...

...indeed, a scary thought, but a merger/subordination of the IMF to G20 would be a global equivalent of that good old communist idea of making Senators redundant. Or even a more precise analogy - merging your national central bank with the government's ministry of spending. They could try it...

FINANCIAL TRANSACTION TAX WOULD BE DISASTROUS (2 of 2) 8. Overestimation of Potential Revenue The revenue raised would be far less than its proponents claim. It is remarkable that they see no contradiction in using existing transaction volume as a basis for their calculations when their...

A member of the academic community (judging by his 'ibidem') has recently contributed to the IMF a comprehensive list of arguments against transaction taxes (I do admit to one count of reciprocity manipulation - as in bribing + toadying - to entice one high-profile scholar to do it, so I hope it...