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German FinMin says no global, so must be determined to make FTT Euro. Why? http://www.businessweek.com/news/2011-10-15/schaeuble-sees-no-chance-for-global-financial-transaction-tax.html

"Merkel attributed the debt crisis in a band of eurozone nations to too much borrowing and a lack of economic competitiveness, both of which had built up over decades, she said, adding that the solutions could not be found overnight."...

Political Insiders Say Dems Should Keep Their Distance From Occupy Wall Street Movement "The Occupy Wall Street 'movement' is nothing like the tea party movement," said another Democrat. "It is much more like the thugs who go to [World Trade Organization]-type conferences. It is far more...

Germany ready to go it alone on transaction tax: minister http://www.expatica.com/de/news/german-news/germany-ready-to-go-it-alone-on-transaction-tax-minister_181543.html --------------------------- How many NO's does it take then?

Holes found in Tobin Tax net http://www.accountancyage.com/aa/analysis/2116767/holes-tobin-tax-net

“Occupy Wall Street”—a carefully orchestrated attempt to make it seem like people all around the world are clamoring for a tax on Wall Street." http://www.gopusa.com/commentary/2011/10/12/kincaid-occupy-wall-street-to-push-for-global-tax/

Steal from the rich ..and the rest of Europe too "While there is a political will to bash bankers and an obvious need to reassure the taxpayer that banks are playing their part in the economic recovery, this recent proposal is a short-sighted, headline-grabbing initiative which will result in...

Merkel and Sarkozy "...referred to a tax on financial transactions. That was in mid-August. Last Sunday evening they stood there again, and this time they talked about recapitalizing banks. By the start of November, they said, Europe's banks must be stabilized. What happened to the financial...

Not a kind comment towards Chicago protestors. Must know them well. http://www.chicagotribune.com/business/breaking/chi-chicago-protesters-seek-tax-on-exchanges-to-fund-jobs-20111010,0,6566351.story

EU Tax on Speed Trading Will Harm Investors – Experts "This tax clearly doesn't differentiate between the tactics of high-frequency trading and pure market making." http://advancedtrading.com/regulations/231900431

“To get at the root of the problem, one should be protesting, say, in London’s City where central banking originated. Or protesting in front of the Federal Reserve in Washington DC. These are real seats of power. But the shadowy and excessively powerful and wealthy individuals who have...

0xfam harassing, suing the poor and crippled with or without FTT. http://www.thisissomerset.co.uk/Oxfam-ban-Robin-Hood-row-banker/story-13503963-detail/story.html

Good article that all long-term investors should understand as it seems most even think FTT will be beneficial to them. The EU commission has stated the tax will not be placed upon individual investors. ( Directly, not yet. Indirectly, immediately. ) -----------------------------------...

How thoughtful of Defazio to insult the victims of 9/11 right on the 10th anniversary.

A group of European politicians is plotting to impose the financial transaction tax (FTT) in a way that Britain would be powerless to veto, a British MEP has warned...

Annual loss will be €5bn more than projected revenue. http://www.euromoney.com/Article/2909152/Category/17/ChannelPage/0/Tobin-tax-would-raise-volatility-not-revenue.html

Financial Transaction Tax: It's a dynamic, elastic, plastic-fantastic, living tax that is continually edited and updated in response to negative public reactions by a powerful, limited group that answers to no one.

That's some really powerful stimulation. With the tax, they remove €10bn from the economy and create €216bn in GDP losses, yet when they take that to stimulate, it creates €155bn less loss. It's even more amazing because they said they will send most of that €10bn to Africa to cure...

EU-27, FTT will cost 1.76 percent of GDP over the long-run, however long that is. Not that the length of time matters as it's a huge loss. Revenues will be €10bn, I guess annual. And cost €216bn in lost GDP and millions of jobs...before they raise the tax.