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Please click to read and share my latest Forbes blog. Germany is trying to ram through a FTT and we all need to stop them. Otherwise, it could snowball and affect you too! While Europe Slides, Germany Plays Hardball...

Please click to read and share my latest Forbes blog. Germany is trying to ram through a FTT and we all need to stop them. Otherwise, it could snowball and affect you too! While Europe Slides, Germany Plays Hardball...

Thanks Tortoise, I really appreciate your nice comments. I was surprised at the NYT article too, but I saw it on CNBC's site followed immediately with a hard-hitting anti-FTT piece, so I was less upset than you. I can complain to Andrew Ross Sorkin, Louise Story, Gretchen Morgenson and a...

Thanks Tortoise. That's my point, some in Congress and the UK may perceive the EZ FTT as sucking money - taxes and spreads - out of the U.S. and UK, and have that justify a tax-arms race to combat it. With global-reaching U.S. FATCA tax rules - Foreign Account Tax Compliance Act - the U.S...

I hope the rating agencies like S&P score this scorched-earth FTT policy, for the financial and other tax base moving out of the FTT zone, and income and capital gains taxes dropping significantly.

Thanks Tom and Southall. My fear is an exploding FTT bombshell. Am I right with my below comment just made on WSJ? Need to flush out the reach language again, and anew when we see the updated details. UK Leader Cameron will Have Key Role in Talks...

Hope your right Tom. Luxembourg is a banking and hedge fund haven, and it was a tax haven too. Didn't they buckle already on tax haven or bank secrecy changes? Question. I know we covered this before. Wouldn't an EZ-wide FTT, or even just in the big EZ countries, still really hurt the UK...

Darn, we all feared France and Germany would slip in FTT to play hardball with the UK, and also use their own maximum leverage at this time. Maybe, Cameron and Merkel knew this was happening behind the scenes beforehand anyway. It also seems clear that the next chess move is made. The UK...

Agree 100% with Tortoise here. While President Obama should show more backbone in Europe, its doubtful, as he wants to appear entirely focused on domestic problems and solutions. The President also can't afford to be tough now with Germany. He wants to smooth the situation, find consensus...

In my long earlier post tonight, I mentioned that the Franco-German-Italian cabal would try to exert pressure on the abstainers to the new fiscal-union treaty changes, but I wasn't sure how they could do that legally. Well, here's the answer from a quote in the WSJ now about the...

My editor Molly is pulling together my last few posts about 'Germany rolling over Europe with new taxes and penalties' for Forbes blog tomorrow. Glad we can count on the Swedes to hold fast against FTT. They deserve their own Nobel Prize. The Germans may view Sweden as a No, but also as...

No, FTT will sink them, but they figure they are already sunk.

Darn, FTT may be becoming a political football in the EU and EZ, like the Bush-era tax cuts are back home in the U.S. I fear some core-EZ members who are working closely on the fiscal-union strategies - Germany, France and Italy - may forge ahead with FTT in their own national budgets first...

CNBC.com Article: The Robin Hood Tax Won’t Work The idea of imposing a small tax on financial transactions is gaining popularity around the world. It’s even got a catchy nickname: the Robin Hood tax. Full Story: http://www.cnbc.com/id/45583134 Several good new points against FTT...

Cameron is using his maximum leverage now with the EU treaty-change vote to force an EU-wide FTT off the table, plus back Brussells off some onerous banking regulation too. Hence, Cameron's statement 'to reclaim some financial industries powers from Brussells.' I don't think FTT is part of...

Thanks Jack. I do mention hitting investors and pensions and can add some numbers you suggest too, it is the strongest point. I don't think I should overwhelm the Forbes blog with FTT, and want to focus on German penalties being counterproductive, including FTT. I notice the FTT-only...

Thanks Tom. Please remind me again of your - List each of the economic issues that Germany complains about, then show one-by-one that the FTT does nothing to solve any of them. "

Should I work on this storyline for a Forbes blog? About over the top German penalties, including FTT. Trying to weaken the German game plan and attack their credibility on FTT. Any suggestions, changes etc? In times of crisis, why do German leaders want to penalize everyone? To use a stick...

I posted a few comments on The Hill article and see a few other good ones too. Se.m.eta should go home and not try his tricks in our house.

Transaction Tax Suffers Big Setback http://www.moneyshow.com/video/video.asp?wid=7774&t=3&scode=025597 One of my three interviews at Money Show in Las Vegas for the Traders Expo on Nov. 18th. Please click to watch and share. Hope you like it. Thanks.